The elasticity of oil production and consumption
Classical economists still insist higher prices will bring out increased production sufficient to give us the oil we humans need. What’s the hitch?
Fossil Fuels
Peak oil – March 22
Ariz. professor thinks oil crisis is imminent
Does the Hubbert Linearization ever work?
Schlesinger on the energy crisis
Transcription of Simmons interview
Brisbane City Council report on Climate Change and Energy
Consultants report to Brisbane City Council advising on preparing the city for climate change and peak oil.
Solar: Payback analysis and Internal Rate of Return
One way to sidestep the gloomy verdicts of payback analysis is to do what most companies do when contemplating a long-term investment like solar energy — calculate the internal rate of return (IRR) on the invested capital.
The Peak Oil Crisis: Situations To Watch
Evidence is mounting that oil prices will soon climb to new, perhaps unaffordable for many, highs. Some think “soon” is three, four, or five years away. Others think “soon” may be as close as three, four, five, or six months. It is this latter scenario that we look at today.
Burning the furniture
A soon-to-be-released study by the Energy Watch Group in Germany on the future of global coal supplies has implications so surprising and far-reaching that energy policymakers may take years to digest it. The report’s central conclusion is that minable global coal reserves are much smaller than is commonly thought, and that a peak in world coal production is likely within only ten to fifteen years.
Oil Industry – Mar 20
PetroChina Co posts record profit
BP says oil and gas recovery crucial
Safety chief ‘terrified’ by culture at BP plant
Gulf governments plan oil pipelines
Houston’s role in energy evolves
Angola, oil industry darling
Transport – Mar 19
High Speed Passenger Rail Act, Draft
Highway speed limit plan irks Germans
Return of the Electric Car
Transport issues prompt voters rethink
Comments to the National Petroleum Council
A report on peak oil by the National Petroleum Council is due out in the next few months. Randy Udall wrote them: “The NPC has a wonderful opportunity to reframe the discussion around peak oil. After thoroughly studying the evidence, I hope that you conclude, as many of us have, that peak oil is
near.”
Peak oil – March 19
Federal judge introduces lawyers to Peak Oil
Matt Simmons discusses PO on CNBC
Turkish diesel is close to 300$ a barrel
Pemex CEO: Company is in critical condition
New website for “How Cuba Survived Peak Oil”
Oil & gas producers – March 19
“Gas OPEC” to be created in Doha next month
Reckless actions have consequences…
Kuwait looking to natural gas, nuclear options
Iceberg Dead Ahead Captain
The decline of production in Saudia Arabia over the past year may be like the iceberg that sank the Titanic. There are many similar analogies to the Titanic disaster some 95 years ago.
