The Latest Oil Glut: Once Bitten, Twice Shy
By Alex Wise, Richard Heinberg, Sea Change Radio
With the recent plunge in oil prices, it feels like the right time to check back in with Richard Heinberg of the Post-Carbon Institute.
Tag: Natural Gas
David Hughes Weighs In on The Fracking Fallacy Debate
By Arthur E. Berman, Petroleum Truth Report
The Fracking Fallacy debate is important because it casts doubt on the reliability of government estimates of our natural gas supply. If U.S. gas production is in decline by the early 2020s as described in the Nature article, or sooner as I suspect, then important policy decisions about the export of natural gas and the retirement of coal-fired electric power plants have been based on questionable information.
Peak Oil Notes – Dec 4
By Tom Whipple, ASPO-USA
The Wall Street Journal reports that the Saudis will not entertain production cuts even if oil prices fall further and that Riyadh expects that global oil will settle around $60 a barrel which it says is sustainable for the Gulf Arab states.
Did Russia and China just sign a death warrant for U.S. LNG exports?
By Kurt Cobb, Resource Insights
Russia and China have signed two large natural gas deals in the last six months as Russia turns its attention eastward in reaction to sanctions and souring relations with Europe, currently Russia's largest energy export market. But the move has implications beyond Europe.
Irony alert: Yergin gets award named after peak oil realist Schlesinger
By Kurt Cobb, Resource Insights
Where is George Orwell when you need him? It is a supreme irony that cornucopian oil industry mouthpiece and consultant Daniel Yergin should receive America's first medal for energy security named after James Schlesinger, the first U.S. energy secretary.
Scots lost out in UK oil and gas endgame
By Matt Mushalik, Crude Oil Peak
Those 24 Gboe (oil and gas) hotly debated during the independence campaign appear to be largely exagerated because half of that includes additional and yet-to-find resources the development of which is uncertain.
McKibben to Obama: Fracking May Be Worse Than Burning Coal
By Bill McKibben, EcoWatch
If you’re a politician, science is a bitch; it resists spin.
The more uncertain we are, the more careful we should be
By Kurt Cobb, Resource Insights
It is a staple of apologists for the chemical and fossil fuel industries to say, "We have no proof that what you are talking about is dangerous." Let me restate that in probabilistic terms: "We are highly uncertain about the harm of what you are talking about."
Update on US natural gas, coal, nuclear, renewables
By Gail Tverberg, Our Finite World
On August 6, I wrote a post called Making Sense of the US Oil Story, in which I looked at US oil. In this post, I would like to look at other sources of US energy.
Energy Crunch: Avoiding a new dash for gas
By Energy Crunch staff, Energy Crunch
Nearly half the UK is now open to fracking. The latest onshore oil and gas licensing round opened up most of England and the Midland Valley of Scotland for applications to drill...
Bubble time: Friends and relatives act as if we’ve returned to business-as-usual
By Kurt Cobb, Resource Insights
It is a testament to the psychological power of financial bubbles that people who know and trust me and generally accept the analysis I've put forth in my writings over the last decade are jumping into the stock market again with a pledge that they are in for the long term--no matter what.