Canada’s energy superpower delusion
First off, Canada is not now, nor is it ever likely to be, an “Energy Superpower”. This term was first used by Prime Minister Harper on the eve of the 2006 G8 meeting.
First off, Canada is not now, nor is it ever likely to be, an “Energy Superpower”. This term was first used by Prime Minister Harper on the eve of the 2006 G8 meeting.
A weekly roundup of peak oil news, including:
-Oil and the global economy
-The Deepwater Horizon Saga
-China
-Quote of the week
-Briefs
Ten years ago, energy analyst Steve Andrews challenged widely respected energy guru Amory Lovins via email for what Andrews thought was an overly optimistic vision—about coal consumption trends, evolution in the auto industry, future world oil production, etc.—articulated in the Rocky Mountain Institute‘s Spring 2000 newsletter. …Ten years later, read it for the blind spots everyone had.
If we choose to marginalize and destroy our oil and gas infrastructure – we will see what “Hubbert’s Cliff” looks like, due to accelerating depletion. I suspect that the accompanying scenario would make Mr. Kunstler’s novel look like a walk in the park.
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Many energy experts contend natural gas is the ideal fuel as the world makes the transition to renewable energy. But since much of that gas will come from underground shale, potentially at high environmental cost, it would be far better to skip the natural gas phase and move straight to massive deployment of solar and wind power.
A roundup of peak oil news, including:
-Oil and the global economy
-The Deepwater Horizon
-Venezuela continues nationalizations
-Quote of the week
-Briefs
Josh Fox’s film Gasland has stirred up a lot of controversy over the environmental damage caused by shale gas drilling. Shale gas reservoir rock lies many thousands of feet below the surface, with the depth depending on the location. In order to get the gas to flow up to the wellhead, operators drill down to the shale rock layer, and then apply a process called hydraulic fracturing to “open up” the rock.
“Everybody gets peak oil in some sense because, you know, what’s BP doing drilling in a mile of water at the Macondo well, or planning to develop the Tiber field which is much deeper below the ocean floor? Or for that matter, what’s Suncor doing in the tar sands? We’re there because that’s all that’s left. They may not want to articulate it as peak oil, but their actions speak louder than their words.”
The IEA’s latest medium term report on oil and gas presents a rosier outlook than before. The supply-demand balance will be easier than previously forecast, the Agency now says, as continuing economic weakness dampens demand growth, and stronger oil prices encourage more investment in production capacity. But the report hedges its optimism, warning that potential geopolitical eruptions, and ripple effects from the Deepwater Horizon disaster on offshore drilling remain as risks…
Natural gas is regarded as a relatively environmentally friendly way of generating electricity. Gas burns cleanly without many of the problems associated with coal.
A weekly roundup of peak oil news, including:
-Oil and the global economy
-Deepwater Horizon
-Peak oil and the President’s speech
-Quote of the week
-Briefs
-The Costs of Natural Gas, Including Flaming Water
-Marcellus Shale gas drilling put under microscope: Moratorium weighed as towns, people wary of potential mishaps
-Struggle for Central Asian energy riches
-Russia Cuts Gas Deliveries to Belarus