Insight and inspiration in turbulent times.
The price spike of early 2008 was merely a dress rehearsal. The fall in oil demand gives the world a moment to catch its breath before the inevitable price-ratcheting process starts up again. Meanwhile, at $100 or so, the price of oil is still 50 per cent higher than last year and 10 times the level of a decade ago.
A digest of news and commentary from a UK peak oil perspective
The Outer Continental Shelf is not a panacea for today’s higher oil prices. The best prospects in US waters – including most of the Gulf of Mexico and a thousand miles of Alaskan shoreline – are already open for leasing. There’s probably some oil in the moratoria areas, but it is a decade or more from market.
ASPO-USA’s 4th annual conference will highlight a year of increased attention to the Peak Oil energy challenge and highlight intelligent responses to meet the future. Conference participants besides Simmons, Rubin and Mathews are Jim Buckee (former CEO, Talisman Energy) and Neil King (Wall Street Journal).
Hurricane Ike -‘Within the current NHC storm path lies about 5 million bpd of US petroleum refining capacity’
An urban legend to comfort America: oil is oil, even if it is not oil
Energy vision 2050
Zac Goldsmith on PO
Hamish McRae: Cheap oil is not in our interest
NASA study shows how PO could impact climate
‘Smart water’ may boost oil production
Cleared: Jury decides that threat of global warming justifies breaking the law
Nuclear is the real threat to the fuel-poor, not wind energy
How good an eco-driver are you? Regulator’s tips on careful motoring may save £500 a year
Why Not in America?
eBook Review: Simple Solar Homesteading (or How to Build a Solar Home For $2000)
Wherever I lay my hat (the rise of couch surfing)
A mid week update including:
– Hurricanes, OPEC and prices
– IEA’s Monthly Oil Report
This is the first paper in the scientific literature that explicitly melds the two vital issues of global peak oil production and human-induced climate change, … We’re illustrating the types of action needed to get to target carbon dioxide levels.
We talked here quite a bit recently about what we might do to make money after our new normal begins to emerge, and John Michael Greer, whose new book _The Long Descent_ was one of the best books I’ve read this year, has offered his own take on the future job market. I agree with nearly everything he says – nearly everything. And churlish as it is to disagree with someone on the smallest point, who you agree with on every large particular, I’m going to take the time to meditate on at least one of his observations that I don’t quite agree with, because it is something that I think quite does matter in our future…
With the federal bail out of the GSEs Fannie Mae and Freddie Mac, even a blind man can see that the economy is tanking at full throttle. … I conclude that peak oil will be pretty much off the radar in the next few years among the public, the media and politicians
Heinberg: Is peak oil “A Misleading Concept?”
Focus on climate change and ignore peak oil? Not good enough.
Rough seas
Geopolitical disruptions #2: Identifying the feedback loops
Sounding like ‘Peak Oil’ advocate, Toyota warns world faces ‘Supply Shortages and Resource Exhaustion’
