Peak Oil Notes – March 5
A mid-week update, including:
-Prices and production
A mid-week update, including:
-Prices and production
Recently, Dr. Robert Hirsch wrote an article titled “Peak oil – what do we do now?”. This brief but content-laden article opined that Peak Oil was essentially past tense, and it correctly implied that little mitigation has taken place, to date…but notably missing was any mention of natural gas.
It appears there are least two possible scenarios that could play out in the months ahead. Either demand holds up to a level at which OPEC can control the situation and we have higher prices, or the Great Recession causes demand for oil to simply melt due to lack of economic activity and declining incomes.
With the decline in rig counts, a shortage of natural gas may come much sooner than you might think.
For setting energy policy, the U.S. needs to have a detailed, mine-by-mine analysis of resources and reserves based on current data using all of the available geological and mathematical tools for modeling. In the end, we should not be surprised to learn that only a small fraction of previously estimated coal reserves will ever be economically recoverable.
Towards a Scale-Free Energy Policy
Bright Green, Light Green, Dark Green, Gray: The New Environmental Spectrum
The World of Tomorrow 1 The Old Future
Energy is first and foremost a demand issue- how much do we need and for what ?- and yet the majority of public debate on the issue is to do with finding new sources of supply so as to allow industrial growth to continue.
A weekly roundup of peak oil news, including:
– Production and prices
– Obama’s budget
– Briefs
Jeff Rubin on oil prices: another spike on the horizon
World Bank specialist: The 2008 oil price spike and the airline industry
New taxes for oil and gas companies: where does this lead us?
The final shape of the European energy market is emerging: an oligopoly
Wendell Berry and Bill McKibben call for mass civil disobedience against coal
A global Green Deal
Labour – These fossil fools
With superb insight, wisdom and erudition—one is almost tempted to say omniscience—Alexis Zeigler’s Culture Change charts an ambitious course for the future of our civilization. The book calls for a revolution to bring about what Zeigler terms a “conscious culture” capable of responding intelligently to our ecological crisis. (Full book title: Culture Change: Civil Liberty, Peak Oil, and the End of Empire)
Weekly round up from a UK perspective.