Natural Gas

Review: Life Without Oil by Steve Hallett With John Wright

by

“Imagining a world without oil” describes in stark detail what might happen if one day the world decided to decommission all its oil tankers, rigs, pipelines and strategic reserves. The authors, environmental scientist Steve Hallett and journalist John Wright, expect that we’d initially see sky-high prices and long lines at pumps. After a few weeks, fuel wouldn’t be had at any price and even first-world citizens would struggle to stay fed and out of the elements. This is no Hollywood doomsday scenario—it’s a levelheaded extrapolation from current trends in the fast deteriorating world energy situation. [An essay prefiguring the book originally appeared in The Washington Post.]

Energy and water – the real blue-chips

by

Todays prices and costs provide a very bad basis for making investment decisions because they reflect temporary relative market scarcities rather than long-run underlying physical ones. The world needs to abandon money as its measure for determining energy and economic policy if it is to invest its scarcest, most limiting resources in the best possible way.

Low Carbon and Economic Growth: Are both compatible in developing economies?

by

At the intersection of global energy depletion and concerns about human impact on the environment lie some serious and oft overlooked issues. Largely gone from our public discourse is the idea that oil is infinite. It is now accepted, even to previous staunch cornucopians, that increasing, or even maintaining oil production will come only at higher costs. The new response to the energy/environmental crisis is to transition to a green economy, replacing our declining stocks of fossil sunlight with new technologies able to harness our current sunlight in its various forms. That these renewable technologies are available, viable and becoming more popular is not in question – however, whether these low carbon strategies can combine with now more expensive fossil fuels to maintain a growth trajectory for both the developed and developing worlds is another question entirely.

Documents reveal industry and gov’t collude on shale gas

by

A government of Alberta cabinet briefing note dated Aug. 3, 2011 says, “Shale gas environmental concerns in the media and in the public in other jurisdictions are potentially problematic for energy development and environmental management in Alberta.” The note also reveals that one of Canada’s most powerful lobby group, the Canadian Association of Petroleum Producers, has approached the Alberta government about shale gas issues in order “to enhance public communication.”

Shale gas EROI: Preliminary estimate suggests 70 or greater

by

The key to the future of shale gas is its EROI. I’ve been unable to find estimates of the EROI of shale gas in the literature. However, I’ve made a preliminary first-order estimate that the EROI of shale gas is in the range of 70 to greater than 100. This is probably significantly better than most other energy sources available today.