Peak oil review – July 19
A weekly roundup of peak oil news, including:
-Oil and the global economy
-The Deepwater Horizon
-Demand projections
-Briefs
-Quote of the week
A weekly roundup of peak oil news, including:
-Oil and the global economy
-The Deepwater Horizon
-Demand projections
-Briefs
-Quote of the week
Even if the good times were going to roll again, in the sense of our having more consumables, how well has that worked as a formula for happiness? And if it turns out that we have even less stuff in the future, can we find a source of felicity other than the mall? The good news is that alternatives are available. The more challenging news? Alternatives may emerge not where we normally look, but as the hidden complements of some of our dominant virtues.
If you live on the Gulf Coast, welcome to the real world of oil — and just know that you’re not alone. In the Niger Delta and the Ecuadorian Amazon, among other places, your emerging hell has been the living hell of local populations for decades.
Lloyd’s hired Chatham House to prepare a white paper on the risks of peak oil called Sustainable Energy Security: Strategic risks and opportunities for business. It seems to me that this new report gets quite a few things right, but it misleads in the direction of thinking things are better than they really are, when it comes to timing and alternatives.
-Fools’ Errand: Effort to Shut Down Gulf Well is Failing
-U.S. allows Gulf well to remain closed despite seep
-BP Caps Well: What Happens to Oil Spill Ravaged Gulf Coast Now?
Two regular contributors clash: oilpatch engineer Martin B. Payne and long-time peak oil activist and writer, Jan Lundberg, publisher of Culture Change. In this article, Martin Payne steps back and gives full voice to “the enlightened fossil fuel professional.” Interestingly, the dividing line between activist and oilman is not as sharp as first appears.
– FT: Wall St and peak oil
– BP and the peak: delusions of oil grandeur persist
– ASPO-USA vs Lovins: Optimism, harsh realism, and blind spots — 10 years later
– The Nation: Kicking the oil habit
BP has reported that its latest attempt to cap the leak at its Macondo well has stopped the flow of oil into the ocean. The news has so far been greeted with cautious optimism while integrity testing on the cap continues. The development comes at the end of another torrid week for BP…
A midweed roundup of peak oil news, including:
-Prices and production
-The Oil Market Report
On July 12th, U.S. Secretary of the Interior Ken Salazar issued a “Decision memorandum regarding the suspension of certain offshore permitting and drilling activities on the Outer Continental Shelf.”
-Why the tech revolution isn’t a template for an energy revolution
-Right Wing Thought Police – An Analysis
-The Iranian Threat
-U.S. ads call for Alberta boycott
-Population explosion scrutinised as scientists urge politicians to act
-US Company Set to Ship Billions of Gallons of Water from Alaska to India
-The Drowned World