Insight and inspiration in turbulent times.
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.
Okay, I’m going to give you the shortest course ever in energy abundance: Energy abundance depends entirely on the RATE of energy flow.
Some ideas find their basis in fact, while others fall under the category of faith. But, then there is a vast sea of ideas parading as facts, when really, these ‘facts’ are nothing but ideology based on ideas that are empirically false or at least suspect.
We’ve all seen the big headlines over the few past few years proclaiming various new oil fields. These stories often go on to claim how the Age of Oilquarius is now upon us and we will swim and bath in seas of energy until the sun explodes and the universe ends.
If the Arkansas spill is upsetting not for its relative scale, it might be for its proximity to…well, where we live.
"Peak oil is dead," Rob Wile declared last week. Colin Sullivan says it has "gone the way of the Flat Earth Society"…These comments inspired me to revisit some of the predictions made in 2005 that received a lot of attention at the time, and take a look at what’s actually happened since then.
•Everything You Need to Know About the Exxon Pegasus Tar Sands Spill •Tar-sands oil spills in Arkansas and Minnesota •Oil spills disastrous for public relations •A train derailing, spilling 30,000 gallons of oil is still not a reason to build Keystone XL pipeline
