Fossil Fuels

The Peak Oil Crisis: The case for 2008

by

For most of us peak oil will not be a point on a government chart, but will be the day when we drive up to a gas station and find the tanks empty, restrictions on how much we can buy, or more likely a price that makes us realize our lifestyles are going to change. Developments in recent weeks suggest troubles associated with peak oil may be coming faster than many realize.

Where are the economists?

by

It is clear that the current generation will have to adapt to an oil-constrained world. Wouldn’t you expect to see the best and brightest of the economics profession analyzing, passionately arguing, advising national governments and international organizations, never letting the sense of urgency recede from public consciousness?

Oil prices & supplies – Apr 23

by

Crude tops $119; Saudi Arabia pledges $90 billion to lift supply
Ineos refinery strike could shut-in 700,000 bpd of North Sea crude oil – BP
Producers, consumers lock horns over prices
Why oil could hit $180 a barrel

Big issue is investment, not reserves-Naimi

Peak oil – Apr 23

by

WSJ: Saudis face hurdle in new oil drilling
Peak Oil? Saudis squeeze the stone even harder
Naimi: Unqualified experts create fear in market
Shell’s chief strategist says 2015
Peak oil crisis interview
Krugman struggles with Limits to Growth

Disaster in progress: North America’s home heating transition

by

The move to alternative sources of heat will put pressure on the remaining forests in North America . This transition will also threaten the climate and air quality as coal-burning expands, and it could push grain prices higher as homeowners compete for increasingly scarce grain to feed grain-burning furnaces. Electricity may also become a source of heat, potentially threatening the electrical grid.