Peak oil headlines
•U.S. oil supply looks vulnerable 40 years after embargo •Why governments are blind to fossil fuel energy risk •Fuel Choice for American Prosperity [Report] •UMD Researchers Address Economic Dangers of ‘Peak Oil’
Oil
The numbers don’t add up to U.S. energy independence
Energy independence. It’s so easy to say, but oh so hard to actually accomplish, which is why the United States has been a consistent importer of oil since the late 1940s.
Peak oil notes – Oct 10
A midweek update. Oil prices, which had remained relatively steady since the end of last week, plunged on Wednesday after the EIA released its weekly stocks report showing a 6.8 million barrel increase in US crude stocks – more than four times what analysts had been expecting.
Fukushima and our inability to gauge risk
Perhaps the most important energy story on the planet right now is the precarious situation for fuel rods stored in a damaged building at the Fukushima nuclear power station. However, there is another story beyond the immediate danger that tells us something about how we think about risk.
Peak oil notes – Oct 3
A midweek update. It is too early to assess the consequences of the federal government shutdown that has been going on since Tuesday. Other than the obvious drop in demand for motor fuels due to less commuting and economic activity, the only concern at the minute seems to be the possibility of delays in permitting and approvals of new projects should the shutdown be prolonged.
US shale oil hides crude oil peak in rest of world
Recent US shale oil growth sits on top of a bumpy production plateau of the rest-of-the-world (ROW).
This is What Peak Oil Looks Like
Even if forecasting the exact date of the peak is a fool’s errand, only a fool would miss the signs that the world oil industry has entered a new, desperate era. Discoveries are down, costs are up. Production has flatlined, environmental impacts from petroleum operations are soaring.
The peak in world oil production is yet to come
Certainly world oil production did not stop growing in 2005. Last year’s total was estimated by the EIA to be 4.8 million barrels higher each day than it had been in 2005.
Chevron’s oil production, sales decline 5 %
Australia will have to pay high prices if it wants to attract these imports against declining sales trends in international markets.
What Syria tells us about world oil supplies
I believe that the Syrian regime’s use of chemical weapons is merely a pretext for American intervention. One always suspects that oil is the real issue when it comes to the Middle East. So, let’s see if that’s the case here.
Emergy as a Metric of Sustainability
Under what conditions will a technology be able to survive the energy contraction associated with the depletion of fossil fuels?
The way I saw things
I often find myself wondering where my life would be today had I not stumbled across The Oil Drum in 2005. I don’t know that I would still be writing today were it not for my early experiences with TOD readers. As TOD winds down, I thought I’d share my story, which I have not told before.
