Fossil Fuels

Energy in the real world

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As fossil fuels become less available, judicious use of the remaining reserves becomes even more important. We must come to realize that fossil fuels (as well as concentrated sources of minerals) are a gift from the earth and previous to life. To mistakenly call solar or wind energy renewable and include the capturing mechanisms leads to both false hopes and perhaps poor allocation of limited fossil fuels and funds.

Peak oil, prices & supplies – Dec 30

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Crude oil rises as Israeli attacks on Gaza roil Middle East
Robert Rapier’s top 10 energy stories of 2008
Gwynne Dyer on peak oil and the transition from oil
Byron King: Whither the oil markets
What will make headlines in 2009
Tumult in the life of a Calgary oil trader

Comments on $37 oil

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Just as the world does not work too well at $147 oil, the energy industry does not work well with oil at $37. If $147 oil was a problem, then $37 oil is actually NOT the solution. Cheap oil might even be worse for the world over the long term.

Forecast for 2009

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The big theme for 2009 economically will be contraction. The end of the cheap energy era will announce itself as the end of conventional “growth” and the shrinking back of activity, wealth, and populations. … My hope for the year, at least for my own society, is that we will transition away from being a nation of complacent, distracted, over-fed clowns, to become a purposeful and responsible people willing to put their shoulders to the wheel to get some things done. My motto for the new year: “no more crybabies!”