Oil

Which Train Is Leaving The Station?

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My busy eating, drinking & breathing schedule prevented me from going down to Houston for CERAWeek this year. It’s funny how that works—something seems to come up every year. So I’ll have to use news reports to get a feel for how this year’s exciting oil & gas Schmooze-Fest went. Tuesday, March 9th was Oil Day.

What is the Minimum EROI that a Sustainable Society Must Have? Part 1: Surplus Energy and Biological Evolution

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EROI theory is rooted in the biological principle that in order to survive each species on earth must procure more energy from its food than it expends attaining that food. From this basic principle the importance of energy surplus became evident, as food sources needed to “pay” not only for metabolism but also for reproduction and storage for leaner times. Part 1 of this three part series presents a brief history of the concept of surplus energy and how it has influenced both biological and human evolution.

Our energy supply: some basics

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If a person were to listen to Energy Secretary Steven Chu or National Geographic, one might think that our energy problems are fairly minor and distant. We can easily add sufficiently renewable energy to substitute for fossil fuels in a fairly short time frame. But if one looks at the situation more closely, one discovers that the situation is quite different.

ODAC Newsletter – Mar 12

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What do you do if you’re an energy consultancy that finds itself on the wrong side of the peak oil argument just as much of the oil industry and the rest of the world embraces the idea? The solution devised by eternal optimists IHS CERA, hosting a conference in Houston this week, is to sidestep this embarrassing development by simply rebranding the problem: ‘peak demand’.

China o los Estados Unidos: ¿Cuál será la nación que mantenga liderazgo?

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Qué tonto. Yo habia pensado que los líderes del mundo querrian evitar la caída de sus naciones. Seguro que trabajan duro para evitar la caída del sistema de finanza, del sistema alimenticio, del sistema social, ambiental, y el principio de una miseria abrumadora, verdad? Pero no, eso no es lo que demuestra la evidencia. Me inclino a pensar que el objetivo de los líderes mundiales, no es de salvar a sus naciones de la caída, sino, sencillamente ser el último en caer para poder devorar a los que cayeron antes.

Are “More Jobs” Sustainable or Necessary in the Post-Peak Oil World?

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What was required for a growing economy, that was supposed to uplift all of modern humanity, is at root a false notion for the manipulated public: the overwhelming majority must work for others to enrich the few so that all of society benefits through unlimited expansion. This problematic profit-scheme is failing to hold up, what with general economic uncertainty on the rise (apart from “Hope”) and the advanced depletion of easily extracted, cheap oil.

World crude oil production may peak a decade earlier than some predict

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In a finding that may speed efforts to conserve oil and intensify the search for alternative fuel sources, scientists in Kuwait predict that world conventional crude oil production will peak in 2014 — almost a decade earlier than some other predictions. Their study is in ACS’ Energy & Fuels, a bi-monthly journal.