Insight and inspiration in turbulent times.
Now the Task Force’s final Report, completed last March, is being formally considered by the Supervisors on Thursday, Sept. 24, at 1 pm in the Legislative Chamber in City Hall. In this critique I point to positive, progressive initiatives in the Report, some weak areas in it, and above all the essence of understanding peak oil and its implications — significantly lacking in San Francisco and beyond.
This report was issued by the Center for Naval Analyses’ Military Advisory Board, which consists of a dozen retired senior military officers. Powering America’s Defense comes two years after the Military Advisory Board’s landmark report, “Climate Change” (May, 2007). This review of Powering will examine the way its authors deal with the issues of peak oil, oil imports and the potential for oil supply shocks.
-Not your average peak oil theory, from Macquarie
-Total issues oil shortage warning
-Would You Know How to Survive After the Oil Crash?
-Squeezing the last bit of oil from Mother Earth
-UK at risk of global energy shock, says MPC’s Andrew Sentance
-Let a thousand eco-documentaries bloom!
-Six Questions for Peter Maass on the Violent Twilight of Oil
-Yes Men Hoax: “Special Edition” of NY Post Warns of Climate Change Threat
-Barack Obama Must See Michael Moore’s New Movie (and So Must You)!
The oil sands are an issue of global importance. As conventional sources of crude oil are depleted, unconventional sources of oil, such as the bitumen found in oil sands, play a larger role in offsetting declining conventional production. The Canadian oil sands are the second largest proven oil reserve after Saudi Arabia.
A weekly review including:
– Production and prices
– The crack spread
– Ominous forecasts
– Quote of the week
– Briefs
Many Oil Drum readers imagine what is ahead as a slide down the net energy curve, as the amount of oil and natural gas available gradually decline. Somehow, business as usual will continue, but at a lower level, as resources deplete. But what if a better model for what is ahead is overshoot and collapse?
In late August the Vancouver Sun ran an article on the bullish prospects for Canadian shale gas. The piece began this way: “What energy crisis? Despite what you may be hearing about a global peak in oil production, waning reserves, and $100-plus oil prices, North America is suddenly awash in fossil fuel.”…
In our history, the American nation committed obvious sins against select groups of people, and we’ve paid bitterly for some of that. But now it’s our sins against the land itself that threaten to sink the USA as a viable enterprise.
This week saw further oil discoveries in the Santos Basin and off the coast of Ghana, extending a run of sizeable finds in recent weeks. Following much breathless reporting of such discoveries, it was good to them put into context by solid analysis from Morgan Stanley and Bank Macquarie…
Today’s article is the first of a two-part series in which I attempt to forecast general economic conditions that will affect the oil market over the next 10 years. Despite Galbraith’s sensible warning, what we will experience in the aftermath of the Great Recession is not a complete mystery. Strong evidence suggests that during the next decade, the global economy will struggle to regain a sound footing supporting vigorous growth.
-Supply constraints to push oil up to $105 a barrel by 2012
-Peak oil expected in 2009: Macquarie
-Oil strikes not enough to quench demand
