Insight and inspiration in turbulent times.
Shall we plan and prepare for the real future: a world without oil and without electric power. Or, shall we continue to avoid reality, dream about what will never happen, and waste time, effort, and capital on illusions?
I looked at the scale of the problem, and I looked at our response (not much so far), and I came, broadly, to this conclusion. We might screw it up. Oh, it is possible that I’m underestimating human ingenuity, and that we’ll do everything right. On the other hand, it seemed like having some kind of contingency plan for a scenario in which we did not replace all our energy infrastructure rapidly, where we did face tight supplies, volatile prices and perhaps an economic depression, in part created by our situation was a good idea. … And I have to say, learning that [the IEA estimated] the decline rate is 9.1% makes me feel that my strategy has mostly been the right one. Because that’s a huge and shocking number.
How U.S. policy made oil go up. Then down
Chevron project offers glimpse of future: more work, less oil
Exxon’s production falls as profits soar
Russia, China sign landmark oil pipeline deal
Oil reserve expert claims world faces ‘oversupply of energy’ problem
ASPO losing its raison d’être?
Paying the price for cheap oil
Survey: Geologists predict that oil production will decline within a decade
ASPO newsletter for November
ASPO VII – second day
Peak oil: are oil prices destined to rise again?
Karbuz: Can the U.S. military move to renewable fuels?
Pickens’ grassroots energy push may get mowed
A last push to deregulate
Drivers stick with fuel-saving habits
As gas prices go down, driving goes up
TNK-BP CEO says Russia oil output likely peaked
IEA’s Tanaka: ‘The Low Energy Price Age Is Over’
Sleepless in Tehran
World can halt fossil fuel use by 2090: study
IEA cites gains from energy efficiency
A Solar Gold Rush Is Spreading From California to New Jersey
A digest of news and commentary from a UK peak oil perspective
UK will face peak oil crisis within five years, report warns
UK companies urge steps to head off global ‘oil crunch’
ASPO VII – first day
Oil’s stunning retreat: How long can it last?
Heinberg: Go develop yourself
Mid week update including:
– Oil rebounds a little
– The World Energy Outlook
Declining availability of oil will hit the UK earlier than generally expected, with potentially devastating implications for the UK economy, according to a report from a UK industry taskforce. “We sought two opinions on oil-supply risk, one from an oil-industry expert known as a leading advocate of the early-peak scenario [Chris Skrebowski], and the second from Royal Dutch Shell, who we expected might advocate a more sanguine prognosis.” (Excerpts)
