Insight and inspiration in turbulent times.
Suppose that availabilty of oil is going to decline to levels far below those of today. The question is, so what? The US has enough easily accessible coal to supply hundreds of years of consumption at current rates, and the same is true of the rest of the world.
Cracking oil is not a funny business /
Clean-coal effort off to slow start /
UK wind power ‘ahead of predictions’ /
On the ethanol bandwagon: big names and big risks
Recent executive decisions, and smart use by oil companies in lawsuits of ambiguous wording of the applicable laws, threaten to leave up to two thirds of Gulf of Mexico gas production paying no taxes, at a loss to taxpayers of $28 billion, according to the New York Times.
On Tuesday I had a conversation with a few Senior Executives in the Department of the Interior about how to solve the Peak Oil problem–and we all came to the same conclusion: there is a structural block to the solution to this problem…
Until very recently the expectations on long term price of oil were extraordinarily stable – at around 20$/bl. Thexe expectations have changed remarkably quickly during the past 2 years
If the peak oil crisis comes upon us quickly, the Department of Defense could turn out to be the one organization with the appropriate project management skills and contracting expertise to tackle the consequences of peak oil on a timely basis.
Last month’s foiled attack on a Saudi Arabian oil installation demonstrated yet again the world’s extreme vulnerability to any check on oil supplies. But what if the Saudi oilfields are running lower on untapped supplies than the kingdom, and the West, have estimated?
What if the US invaded Iraq, not to assure access to its oil reserves, but to keep the oil off the market?
Bakhtiari: After ‘peak oil’, ‘peak gas’ too /
When will peak oil tip? (from backwardation to contango) /
Isaac Asimov on his discovery of peak oil at age 13 /
Online lectures from Stanford’s “End of Oil?” series
While peak oil is an important turn of the tide, we should not forget that net oil for consumption will peak long before peak oil. Possibly it already has.
While it would be difficult to create an airtight legal case for impeaching George W. Bush based on his ignoring the very real threat posed by Peak Oil, nevertheless I believe that his actions—and inaction—in this regard constitute dereliction of duty on an unprecedented scale.
Sen. Lugar: Energy is the albatross of U.S. national security /
Iranian oil exchange unlikely to begin till at least midyear /
Pentagon looks to cut oil use and costs /
Australia: CSIRO warns of local oil shortfall /
Proposed Mackenzie pipeline spurs coal gasification mega-plan /
Trading the Hummer for a Honda
