Peak oil: What the media don’t want you to know
The examples the New York Times article provides correspond to isolated incidences where advanced technology can get some “reasonably” large amount of extra oil out of an old field.
Fossil Fuels
Selective reporting does not disprove peak oil
The New York Times article is an example of how specific data, cited as “proof” for a particular theory could in fact be evidence for the complete opposite conclusion if the entire data set was examined.
Responses to the NY Times article on peak oil
The peak oil community takes issue with the article in the March 5 New York Times: “Oil Innovations Pump New Life Into Old Wells.”
Comments to the National Petreoleum Council
I see no plausible scenario in which a liquid fuels crisis arising within about 5 years can be averted on the supply side. This is too little time in which to compensate for declines by producing large quantities of liquids-from-coal or biofuels, if that is even possible. And that in turn means that demand-reduction strategies will be required in order to balance the available supply with requirements for transport fuels. The sooner such strategies are identified and implemented, the better the prognosis for societal adaptation.
Coal – Mar 11
China building huge coal-to-liquids plant at Ningxia
TXU plans 2 ‘clean coal’ power plants
Japan OKs record coal price
Howard gifts $100mil for ‘clean coal’
U.S. Opposes Canadian Coal Mine
Oil producers – March 10
Output falling in Mexico, NYT blames politics
Iranians lose access to unlimited cheap fuel
Iran parliament agrees on fuel rations
Cambodia welcomes its oil wealth, but will it do more harm than good?
Forget Russia, Jim Rogers advises
The Cavalry Stays Home
Where is the all new oil supposedly made profitable by higher prices?
Ghawar Is Dead!
Perhaps we should be mourning after the world’s largest oilfield, rather than dead celebrity Anna Nicole Smith, for Peak Oil means the death of the American dream, not just one queen of kitsch.
Pemex reduces its estimation of prospective resources in the Gulf by 60%
Petróleos Mexicanos (Pemex) have dropped their estimation of prospective resources in the waters of the Gulf of México, in an area called Deep Coatzacoalcos, from 10 billion to 4 billion barrels.
The peak oil crisis: our 4 storms
Until last week, a good guess would have been that shortages in oil available for export would impact us first. This would be followed by economic decline, peak oil production, and finally a meaningful reduction in the burning of fossil fuel in response to global warming. News from the last few weeks, however, makes it look like more of a horse race.
Energy Policy – Mar 8
Chinese Premier vows targets must be met
Chinese Academy of Sciences on energy sources
Guardian: Giving up oil
Standard inertia from US Energy Department
Renewable energy fight likely to set EU summit mood
Singing the Vegetable Opera
Has there ever been a financial collapse with brighter or louder warning signals?
