Insight and inspiration in turbulent times.
We cannot be lulled into a false sense of security: though oil prices have declined from their historic highs, there is little doubt that peak oil is real. A 2008 research project completed at Washington University in St. Louis found strong evidence in support of the theory. Please feel free to circulate this academic document as a primer on peak oil.
Concern over running out of cheap oil is superfluous in the ruling economic doctrine’s fantasy world.
Thanksgiving Day is a special day for those following the peak oil news. Geologist Kenneth Deffeyes, author of Hubbert’s Peak, predicted that Thanksgiving Day 2005 would mark the peak in world oil production. After that, oil production would decline, irreversibly. And he may have been right.
As the UK political parties begin their preparation for next year’s general election, this week’s ODAC newsletter takes a break from the usual format to pose 3 questions to the next Energy Minister…
-Peak Gold, Easier to Model than Peak Oil? – Part I
-Could Peak Phosphate be Algal Diesel’s Achilles’ Heel?
-A Rock That Helps Out In a Hard Place
Groups and individuals speaking out about forthcoming world oil supply challenges are frequently stereotyped as a fringe element with little knowledge about the oil industry. But their warnings are increasingly supported by some surprising allies: senior petroleum industry officials, consultants and analysts. Call these serious-minded critics the Harsh Realists.
Saudi Arabia’s oil production company is Saudi Aramco. Its former Vice President of oil exploration and production, Sadad al Husseini, recently made the following comment on oil prices at the 30th Oil & Money Conference, held in London on October 20-21: “…as you go up to say $90 a barrel, you’re consuming 4.5% of the global economy [for oil]. That in itself is a ceiling – you cannot go indefinitely into more expensive alternatives without destroying [the] economy and therefore destroying demand…”
First I should confess to a strong bias toward the content of this book. As readers of my blog, Question Everything, will realize, I have been moving inexorably toward the same conclusion as the author, so you will perhaps forgive me if you think I may be suffering from a lack of sufficient critical thinking. Put bluntly, I think this is a book every thinking human being should read, and then consider for themselves.
Today’s episode features segments from Agroinnovations featuring well-known figures like Paul Stamets – a mycologist (aka mushroom specialist) from Olympia, Washington, the U.K’s Rob Hopkins who has popularized the Transition Town Movement and Montana journalist and author Richard Manning, who possesses a keen interest in the history and future of the American prairie and agriculture.
-H2OIL
-Paul Ehrlich interview
-What is Land For?
-Sustainability and spirituality
-The Hubbert Peak Theory of Rock, or, Why We’re All Out of Good Songs
Increasing the share of renewable energy will not make us any less dependent on fossil fuels as long as total energy consumption keeps rising. Renewable energy sources do not replace coal, oil or gas plants, they only meet (part of) the growing demand. The solution is simple: set an absolute limit to total energy production. Why should we not be able to cope in 2030 with the amount of energy we consume today?
In World Energy Outlook 2009, the International Energy Agency seems to have dropped a bombshell that has been quietly (and politely) ignored. In their main ‘reference scenario’, the IEA forecasts that OECD demand has already peaked – it never recovers the levels seen before the oil price spikes and financial crisis unfolded.
