Oil

Embodied energy: An alternative approach to understanding urban energy use

by

Everyone knows that it takes energy to produce anything. The energy used in mining, transport, processing, manufacturing, delivery, and disposal is “embodied” in every product we consume, from food to diapers to televisions and insurance policies. Our traditional way of looking at energy, however, highlights only current consumption, traditionally disaggregated into agricultural, industrial, transportation, commercial, and residential sectors.

ODAC Newsletter – Aug 13

by

Oil prices dropped back out of the $80/barrel range this week on weak economic news, and stockpile gains. There is growing anticipation that the US Federal Reserve is about to embark on a new round of quantitative easing following Tuesday’s downgrade of the recovery outlook. In China, July figures showed a slowdown in industrial production and retail sales which added to market nervousness…

A gathering in Louisville

by

Every year the National Conference of State Legislators (NCSL) holds a conference where legislators from all over the U.S. gather for updates on major policy concerns. This year the organization found that issues surrounding the future of nation’s energy supply were becoming of such paramount importance to state governments that it set up a task force to study the issues; produced a report on meeting the energy challenges; and devoted a whole day prior to the annual meeting to an “Energy Policy Summit.” … A key unstated issue was completely ignored: resource depletion

Peak predictions: mixing water and oil as global resources dwindle

by

Oil and safe drinking water are on parallel courses to depletion – a scarcity that will lead to starvation, disease and warfare. The issue here is drinking water. And there is a lot less of that than seawater. Due to a number of management issues, made worse by climate change, drinking water is fast becoming a geopolitical resource to rival oil – a flashpoint at various places around the globe.

Matthew Simmons: a tribute

by

Energy Investment banker and leading peak oil proponent Matthew Simmons died suddenly on Sunday [Aug. 8], following an apparent heart attack. While Simmons did not come up with the idea of peak oil – geophysicist M King Hubbert first published the theory in the 1950s — he arguably did more than anyone to publicize it. It was Simmons’ 2005 classic Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy, that turned discussion of peak oil from a fringe environmental concern into something with business pages credibility.

Past disasters offer lessons on legacy of deepwater spill

by

The Gulf of Mexico’s capacity to recover from previous environmental assaults — especially the 1979 Ixtoc explosion — provides encouragement about the prospects for its post-Deepwater future. But scientists remain worried about the BP spill’s long-term effects on the health of the Gulf and its sea life.

Steady state transportation: Closing the door on the dirty oil era

by

If human civilization is to make the move to a steady state economy that provides prosperity without growth, it must meet people’s basic mobility needs without reliance on fossil fuels. The U.S. requires a revolutionary transformation of its transportation systems, and recent experience with the downsides of oil provides a potent political push to overcome inertia.

Summer reads

by

Looking at the news, most current stories have a common thread. Wars over oil; oil spill; catastrophic flooding in Pakistan and record cold waves in the Southern Hemisphere; wheat prices up on drought in Russia; forest and peat fires from the heat; economies cratering from higher energy costs and banking bubbles; states, provinces, and municipalities teetering on bankruptcy; unemployment skyrocketing; right-wing militant groups finding traction; civil rights trampled as authoritarianism hardens; and billions still being spent to keep people in the dark on peak oil and climate change.

Urgent press release re: Matt Simmons

by

Matthew R. Simmons, founder of the Ocean Energy Research Institute in Rockland, Maine, passed away suddenly on Sunday. He is survived by his wife, Ellen, and their five daughters. Mr. Simmons was also former chairman of Simmons & Company International. Details of services are pending. In lieu of flowers, the family asks that donations be made to the Ocean Energy Research Institute.