The Peak Oil Crisis: So, Why is Gasoline So Cheap?
There are many zigs and zags, twists and turns, and unintended consequences along the path to higher priced and scarce oil.
There are many zigs and zags, twists and turns, and unintended consequences along the path to higher priced and scarce oil.
•Light tight oil does not diminish the importance of Middle East supply, IEA says in latest World Energy Outlook •IEA warns of future oil supply crunch •Oil crumps: Libya, Iraq ‘pay the price for chaotic Western intervention’ •North Dakota’s Salty Fracked Wells Drink More Water to Keep Oil Flowing •Alabama Oil-Train Derailment Raises Questions About Crude Shipment Safety
While in the US recently Richard and I pulled up a chair under a tree in his garden and chatted about his book The Party’s Over.
This year marks the tenth anniversary of the publication of my book The Party’s Over: Oil, War and the Fate of Industrial Societies, which has seen two editions and many printings, translations into eight languages
Most of the easy energy is gone. Are we heading for a dead end?
A weekly review including: Oil and the Global Economy, The Middle East & North Africa, China, Quote of the Week, The Briefs, In Memoriam
US shale oil has so far replaced 2 mb/d of its crude oil imports which peaked at around 10 mb/d in 2005. If this effort can be doubled the US would still need to import around 6 mb/d.
Might the shale boom be coming to an end in the next two years?
Everything depends upon our recognizing the mirage for what it is, and getting on with the project of the century.
Since it began producing oil in earnest in 1956, Nigeria has become the poster child for the environmental, social, and economic devastation that can be wrought by unfettered fossil fuel production.
A weekly review including: Oil and the Global Economy, The Middle East & North Africa, China, Brazil, Quote of the Week, The Briefs
A weekly reivew including Oil and the Global Economy, The Middle East & North Africa, China, Quote of the Week, The Briefs