Oil – Jan 30
•HSBC: Oil majors at risk from ‘unburnable’ reserves •When will we stop wasting fossil fuels by burning them? •Algeria terrorist attack puts BP’s Libya drilling on hold
Oil
Proposed energy exploration sparks worry on ocean canyons
The Atlantic Canyons off the Northeastern U.S. plunge as deep as 15,000 feet and harbor diverse and fragile marine ecosystems. Now, the Obama administration’s plans to consider offshore oil and gas exploration in the canyons is troubling conservationists.
Political transformation in the age of energy scarcity
The technical-corporate-financial elite which controls our energy supplies has no clue about how to manage those supplies in the unfolding age of energy scarcity. That portends considerable political upheaval as the public becomes more engaged in shaping our energy future.
ASPO Commentary: US DOE/EIA Forecast Estimates Face Reality
Among the many assumptions of the US DOE/EIA in their recent U.S. forecasts, there is the major assumption that U.S. 48 States offshore oil production will increase over time. The production increase would come mostly, if not totally, from the deep-water Gulf of Mexico (GOM).
Oil – Jan 10
•Interior Dept. Expedites Review of Arctic Drilling After Accidents •U.S. oil production to jump 25 percent by 2014 – EIA •Why the world is headed toward more oil scarcity •Peak oil group presses EIA to temper optimistic crude outlook •Why a potential role for the US as oil production king needs an asterisk •Is ‘peak oil theory’ delayed by fracking?
Conservation Not Technology will be our Saviour – Chris Martenson – Part 2
We are in the midst of an amazing energy boom, but by sweeping the idea of peak oil under the rug we are ignoring a significant fact: the relationship between hydrocarbon reserves and flow rates are not the same as they used to be—reserves have increased but flow rates are not as high or sustainable.
ODAC Newsletter Dec 21
Welcome to the last ODAC Newsletter, the final news roundup from the Oil Depletion Analysis Centre…2012 saw US oil production grow to its highest level in 15 years, largely because of surging tight oil production by fracking, and many pundits such as Ed Morse of Citi are claiming “peak oil is dead”. So has ODAC been worrying its silly little head entirely unnecessarily for the last five years, and could all our energy troubles soon be over? We continue to think not…
Peak Philosophy: The economic contraction narrative needs facts, not theory
These days, people are maxed out on every level trying to get through life as everything gets more tedious, expensive, and uncertain. The onslaught of “glittering generalities” and opinionated political rhetoric coming from popular media and paid advertising on “both” sides is enough to make many shut off and tune out – their philosophical bandwidth running at full capacity until it is choked off entirely.
Peak oil notes – Dec 13
A mid-week update
Oil & resources – Dec 11
•Peak Oil Warning From an IMF Expert : Interview with Michael Kumhof •Bosses’ fears over energy and resource costs hit new high •Total CEO: New Peak Oil Production Seen at 98 Million Barrels/Day •AEO2013 Early Release Overview
Energy leveraging: An explanation for China’s success and the world’s unemployment
In a competitive world economy, there is little role for people who need high wages because they live petroleum dependent lifestyles.
The one chart about oil’s future everyone should see
When people read about a long-term forecast of world oil supply–say, out to 2030–they often believe that the forecasters are merely incorporating our knowledge of existing fields and figuring out how much oil can be extracted from them over the forecast period. Nothing could be further from the truth. Much of the forecast supply has not yet been discovered or has no demonstrated technology which can extract or produce it economically. In other words, such forecasts are merely guesses based on the slimmest of evidence.
