Insight and inspiration in turbulent times.
•Rising energy prices will challenge western way of life – MoD report •Dangerous Times As Energy Sources Get Costlier To Extract •Peak oil: preparing for the extinction of ‘petroleum man’ •Greenwashing the Tar Sands, Part 3: Wherein money trumps fact every time
A mid-week update…Oil prices rebounded this week with Brent climbing above $104 after trading below $100 on Monday…
A weekly review including Oil and the Global Economy, The Middle East & North Africa, OPEC, Quote of the Week, The Briefs.
Within the fields of harvest and fisheries management catch per unit effort (CPUE) is one method that is used to determine the health of a biological resource. The underlying assumption is that as a population declines it becomes harder to catch and therefore CPUE decreases.
As we work down the hydrocarbon pyramid, energy gets messier and much more costly. Latest in a series.
We have a race between peak oil and global warming. Symptoms of these complex processes pop up every now and then.
The famous Danish physicist Niels Bohr once humorously observed, "Predictions are very difficult, especially about the future." And so, as the world considers yet another rosy oil supply forecast, this time from the Paris-based International Energy Agency, it is worth reviewing the agency’s record.
Two new reports say climate change could cause the next financial crisis. From London, Bob Ward, LSE lead author of "Unburnable: Carbon 2013: Wasted capital and stranded assets." Australia’s Climate Institute, John Connor on coal’s risky future. Plus Nancy LaPlaca: why sunny Arizona burns coal.
We burn 800 million gallons of gas mowing lawns, and statisticians say that we spill 17 million gallons every year just refilling our lawn machines. If so, that beats the Exxon Valdez spill of 10 million gallons.
•Interview: Energy Investor Bill Powers Discusses Looming Shale Gas Bubble •Availability of oil in the long term is dubious, as oil prices could in fact retreat, helping the tanker market •Shale Oil And Gas: The Contrarian View
•Peak oil isn’t dead: An interview with Chris Nelder •What If We Never Run Out of Oil? •‘Peak Fossil Fuels’ Is Closer Than You Think: BNEF
In this post I present the results from dynamic simulations using the typical tight oil well for the Bakken as recently presented by the North Dakota Industrial Commission (NDIC), together with the “2011 average” well as defined from actual production data from around 240 wells that were reported to have started producing from June through December 2011.
