Fool me twice, shame on me: The oil industry repackages the fake abundance story (from the late 1990s)

Only the oil industry would now have the audacity once again to peddle a story that it has gotten wrong for more than a decade as if it were brand new. Enlisting the media and its army of paid consultants, the industry is once again telling the public that oil abundance is at hand. And, what is doubly audacious is that it is promoting this tale as oil prices hover at levels more than eight times the 1999 low.

World Energy Consumption Facts, Figures, and Shockers

In the first installment of this series, I reviewed U.S. and global oil reserves according to the 2012 BP Statistical Review of World Energy. The second installment covered oil production. Today, I want to examine the changes in consumption of coal, oil, and natural gas since 1965 in the three major consuming regions of the world: Asia Pacific, the United States, and European Union countries.

Peak oil – July 10

– Peak Oil Reloaded (1/2)
– « Nier l’imminence du pic pétrolier est une erreur tragique », dit l’ancien expert pétrolier de l’AIE
– Nicole Foss: The Guardian Is Ignoring The Critical Paradox Of Peak Oil
– The world is oil rich so let’s all enjoy it while we are here
– How Many Years Of Oil Do We Have Left To Run Our Industrial Civilization, Keeping In Mind That Oil Is A Resource And Has An Economical End?
– Europa am Peak
– Le altre fossili, la sfida dello shale

Treehugger, Monbiot and Is Peak Oil Over?

I can’t really blame George Monbiot or anyone else for buying the narrative hype. Right now the overwhelming narrative is that we have no energy constraints at all. Folks wonder aloud whether the US should join OPEC. Increasingly ridiculous projections are made about the potential of shale oil and new drilling techniques. Slight upticks are assumed to be headed to their logical extremes, and Harvard’s Kennedy School of Government issues a report saying we’ve got all the oil we could ever want. So is it really surprising that Monbiot, who has been focused on climate change, not peak oil, is buying the story, asks Treehugger?