Shale gas: the view from Russia

The official shale gas story goes something like this: recent technological breakthroughs by US energy companies have made it possible to tap an abundant but previously inaccessible source of clean, environmentally friendly natural gas. This has enabled the US to become the world leader in natural gas production, overtaking Russia, and getting ready to end of Russia’s gas monopoly in Europe.

If this were the case, then we should expect the Kremlin, along with Gazprom, to be quaking in their boots. But are they?

Energy and peak oil – May 7

– IMF working paper – “The Future of Oil: Geology versus Technology”
– World Oil: Aleklett’s new analysis of peak oil is refreshingly comprehensive
– Now Playing at a Computer Near You: The ASPO-USA Webinar Series
– T. Boone Pickens: Biggest Deterrent To U.S. Energy Plan Is Koch Industries
– Cheap Oil Built ‘The American Way’ but All the Cheap Oil is Gone

The oil industry’s deceitful promise of American energy independence

Faced with increasing political obstacles to oil and natural gas exploration in many countries around the world, the oil industry is focusing again on the United States. The industry is using the deceitful promise of energy independence to cajole Americans and their policymakers into relaxing environmental regulations and opening protected public lands and restricted offshore areas to drilling.

ODAC Newsletter – May 4

The shale gas ‘revolution’ suffered another blow this week as the US Securities and Exchange Commission announced an investigation into dealings between industry leader Chesapeake Energy and its chief executive Aubrey McClendon. It emerged recently that McClendon had been taking a private stake in each well the company drills and, unbeknownst to shareholders, borrowed over $1 billion against them…

Top 11 FAQs

I’ve been giving lectures on Peak Oil for over a decade now, and always look forward to the question period after the main show. It’s an opportunity to interact with the audience and take questions…Here are the top 11, along with brief sample replies and some resources for further reading.

 

Shale gas – May 1

-Fracking ‘Health Challenges’ to Be Examined by U.S. Advisers
-Restrict shale gas fracking to 600m from water supplies, says study
-Reporting of fracking and drilling violations weak
-Lancashire schoolgirl wins chance to address MEPs with anti-fracking video
-Chesapeake plugs blown Wyoming well
-Drillers May Frack First, Disclose Later Under Draft Plan