Oil

Conservation Not Technology will be our Saviour – Chris Martenson – Part 2

by

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

by

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

by

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.

The one chart about oil’s future everyone should see

by

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.

Fossil Food & Agriculture – Richard Heinberg Q&A

by

While researching the topic of sustainable agriculture for a paper, high school junior Rhian Moore came across the work of PCI Senior Fellow Richard Heinberg. Rhian reached out to Richard for more information on the topic. Below are Rhian’s questions and Richard’s brief responses. We think they make for a nice primer of sorts.