Insight and inspiration in turbulent times.
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
•Oil majors are whistling past the graveyard •Peak Oil Is Dead [Global Oil Demand Growth – The End Is Nigh] •The Reward for Being Right About Peak Oil: Scorn Heaped With Derision •Russia Lets China Into Arctic Rush as Energy Giants Embrace
The map of an american city goes on a quest across the world to find oil in order to feed its body, made of streets, highways and freeways.
•An ‘Absolute Will To Forget’: Iraq Casts Shorter Shadow Than Vietnam •David Frum, the Iraq war and oil •Bombs kill nearly 60 on Iraq invasion anniversary •Hawks Defend War on Low-Key 10th Anniversary of Iraq Invasion •Search and Destroy: The rape of Iraq •Death and Dollars in the New Iraq
There are signs the climate movement could be on the verge of a remarkable and surprising victory. If we read the current context correctly, and if the movement can adjust its strategy to capture the opportunity presented, it could usher in the fastest and most dramatic economic transformation in history. This would include the removal of the oil, coal and gas industries from the economy in just a few decades and their replacement with new industries and, for the most part, entirely new companies. It would be the greatest transfer of wealth and power between industries and countries the world has ever seen.
It is now 10 years that the coalition of the willing, err… peaking (US peak 1970, UK peak 1999, Australia peak 2000) invaded Iraq. This was not just an oil war. It was a peak oil war.
