Oil

Local Future 2010 Conference on Sustainability first day video is now online

by

Full talks from speakers including Dr. Joseph Tainter, Nicole Foss (Stoneleigh), David Korowicz, Stephanie Mills, Kurt Cobb and Aaron Wissner now available for all educational uses. The YouTube playlist includes the full first day of the Conference on Sustainability: Energy, Economy and Environment, including question and answer and panel discussions.

ODAC Newsletter – Apr 8

by

The oil price hit a two and half year high this week of $123/barrel as the Libyan conflict continues to dominate market sentiment. This pushed the sterling value of crude to an all time high, exceeding even its level in the summer of 2008 when the dollar price reached $147/barrel, because the pound has slumped 17% against the greenback since then.

What is “our” oil doing in their economy? — Saudi oil consumption trends

by

This article makes the case that the Saudi economy will consume ever increasing quantities of the oil they are currently exporting. The argument will be made that they could meet much of their power needs with either nuclear or solar power in order to continue earning oil export revenues. While enticing in theory, the real world of existing infrastructure, existing know-how, existing finance and existing technology will trump in the near term.

Dirty energy’s dirty deeds

by

Let me repeat that: the U.S. imports more oil from Canada than (yes) Mexico, which ranks second, and (believe it or not) Saudi Arabia, which ranks only third. Tar sands are largely responsible for Canada’s new petro-status. Nearly a million barrels of tar sands oil arrive in the U.S. every day. By 2025, Canada is expected to be producing 3.5 million barrels of tar sands oil daily. Most of that, says Ryan Salmon of the National Wildlife Federation, will be imported to the U.S. And believe me, when it comes to energy ugly, tar sands could take the cake.

Dwindling energy resources will put the economy at risk

by

Professor Emeritus of Agricultural Economics of the University of Missouri at Columbia John Ikerd argues that humans cannot wait much longer to address the reality that economic growth is unsustainable—because the world is running out of energy resources. “We simply can’t continue to grow at the rate we’ve been growing in the past.”

Cities, Towns, and Suburbs: Local goverment in a time of peak oil and climate change

by

Many responses to peak oil urge individual and community solutions, ignoring government. They argue that since government hasn’t done anything to address the problem, citizens and businesses must take matters into their own hands. Some even argue that government is part of the problem, particularly federal and state governments. This attitude is shortsighted.

Energy – April 5

by

– Brent jumps to 2-1/2 year peak
– VOA: Libyan Rebels Preparing to Export Oil
– Chomsky: Libya and the World of Oil
– 6 surprising ways oil prices affect you
– BBC: Over a Barrel
– Jim Rogers on the Dangers of Price Inflation, the Promise of Commodities and America’s Continued Decline
– Can ‘peak oil’ help slow climate change?

Commentary: Will we be able to maintain & replace our energy & transportation infrastructure in a post-peak oil world?

by

However, when we look at the global economy from the point of view of a long-term decline in global net oil exports, it seems very likely that, to paraphrase a famous quote, what can’t be funded and maintained won’t be funded and maintained; and that the funding and maintenance problem will probably continue to become most apparent in the short term in American suburbia and exurbia.