Natural Gas

ODAC Newsletter – Nov 19

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The Gulf of Mexico oil disaster has increased the risk of an imminent global oil crunch — so says the UK Industry Taskforce on Peak Oil and Energy Insecurity (ITPOES). The group, whose members include Virgin and Stagecoach among others, called on the government to speed up adoption of renewables and energy efficiency measures…

Sixty Lame Minutes

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So, last night CBS hauled Aubrey McClendon, CEO of Chesapeake Energy, on board their flagship Sunday infotainment vehicle, 60 Minutes… McClendon told the credulous Leslie Stahl and the huge viewing audience that America “has two Saudi Arabia’s of gas.” Now, you know immediately that at least half the viewers misconstrued this statement to mean that we have two Saudi Arabia’s of gasoline.

Review: The Impending World Energy Mess by Robert Hirsch, Roger Bezdek and Robert Wendling

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In The Maltese Falcon a character tells detective Sam Spade, “By Gad, sir, you’re a character, that you are! Yes, sir, there’s never any telling what you’ll do or say next, except that it’s bound to be something astonishing.”* I’m telling Bob Hirsch the same thing. There’s no denying the man’s considerable credentials within the energy industry, nor his contribution to peak oil scholarship as principal author of the first major U.S. government report to take the issue seriously. But neither is there any predicting what outlandish thing he’ll propose next in his efforts to spread the message.

ODAC Newsletter – 12 November 2010

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“The energy world faces unprecedented uncertainty”, so begins the International Energy Agency’s World Energy Outlook, released on Tuesday. The annual report from the energy watchdog guides the energy policies of OECD member countries including Britain.

IEA World Energy Outlook 2010 Now Out; a Preliminary Look

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The International Energy Agency issued its annual energy forecast today for 2010. At this point, we can only point to a few of the summary findings. One clear concern is that demand will be rising–especially from China and India. Another is that prices (in inflation-adjusted terms) will be rising. A third concern is that conventional oil production will no longer be able to rise.