Oil – May 16
– Peak oil debate is over, says Total chief
– Oil Falls to 2012 Low on Greek Debt, Saudi Call for Drop
– Reuters global energy and envrionment summit
– Peak oil debate is over, says Total chief
– Oil Falls to 2012 Low on Greek Debt, Saudi Call for Drop
– Reuters global energy and envrionment summit
– WWF Report: Consumption of Earth’s resources unsustainable
– Monthly Review: Marx’s ecology and the understanding of land cover change
– New report from Club of Rome warns about humanity’s ability to survive without a major change in direction
– The Big Fix: documentary exposes BP, U.S. Gov’t on Gulf disaster/Interview: the Tickells, filmmakers
– James Hansen: Game Over for the Climate
-Familiar echoes in shale gas boom
-‘Fracking’ risks found to have been diminished (Report)
-Medical Records Could Yield Answers On Fracking
-Water safe in town made famous by fracking-EPA
-Shale causes rise in waste gas pollution
-Obama Warms to Energy Industry by Supporting Natural Gas
“It’s no pipe dream. The U.S. is already the world’s fastest-growing oil and natural gas producer. Counting the output from Canada and Mexico, North America is “the new Middle East,” Citigroup analysts declare in a recent report.”
Jeffrey Brown responds: The Texas Railroad Commission (RRC) sums the reported production from Texas producers, and it has been doing so far decades, while the EIA apparently uses a sampling approach to estimate Texas production. For annual production in 2011, the RRC shows Texas crude oil production at 1.12 mbpd (million barrels per day), while the EIA shows it at 1.46 mbpd, a gap of 340,000 bpd. The gap between the RRC and the EIA for monthly production is even more pronounced, on the order of about 500,000 to 600,000 bpd.
If the EIA is this far off for Texas, what about the other producing states, and what does it say about the EIA’s global data?
No civilization has ever faced the agricultural challenges confronting us over the coming decades. Ever. And if we can pull it off – wherever we CAN pull it off – it will necessarily be with an agriculture of maximum resilience; an agriculture that can get knocked down and stagger back up again and again and again. So let’s do this.
The leader of the world’s foremost Peak Oil research group is Kjell Aleklett, Professor of Physics at the University of Uppsala in Sweden. He has just published a book on Peak Oil that summarises a decade of scientific research. why would Kjell need a “translator”. It’s a longish story….
Power generation from coal is falling quickly. According to new figures from the U.S. Energy Information Administration, coal made up 36 percent of U.S. electricity in the first quarter of 2012 — down from 44.6 percent in the first quarter of 2011. That stunning drop, which represented almost a 20 percent decline in coal generation over the last year, was primarily due to low natural gas prices. As EIA explains, natural gas generation will climb steadily this year, while coal will see a double-digit drop by the end of 2012…
It’s not just that what we generally think of as free energy doesn’t occur in nature, but also that free energy does occur in the everyday lived environments of people in industrial nations, which we might thus say are unnatural. So what are instances of free energy that we experience in our lives, and why do they matter?
A weekly roundup of peak oil news, including:
-Oil and the global economy
-The EU at a crossroads
-China slowing
-IEA’s monthly report
-Quote of the week
-Briefs
Deepwater oil production will help reduce the decline in world oil production from aging fields. The IEA claims that four Saudi Arabias need to be discovered up to 2030 to replace the present decline in production (about 5 %/a). The deepwater ultimate is likely to represent less than half of Saudi Arabia’s oil ultimate. It is not enough!
-Americans would pay more for green energy
-Carbon capture leak simulated in sea off Scotland
-US claims ‘unprecedented’ success in test for new fuel source
– Peak Oil – Forbes author concedes on “Net Exports” debate
– Oil prices could double by 2022, IMF warned
– Jeff Rubin argues in “The End of Growth” that central bankers must focus on high energy prices
– Jevons paradox busted by new emissions fee mechanism.
– No clear correlation between energy use and growth rate of the economy in the EU