Oil

Peak oil – Nov 4

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UK industry taskforce sounds alarm on peak oil
Supply worries persist in oil market, just not now
So *this* is what Peak Oil looks like
China’s Oil Reserve Forecast and Analysis Based on Peak Oil Models

Doing the numbers: what you need to know about oil depletion

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I looked at the scale of the problem, and I looked at our response (not much so far), and I came, broadly, to this conclusion. We might screw it up. Oh, it is possible that I’m underestimating human ingenuity, and that we’ll do everything right. On the other hand, it seemed like having some kind of contingency plan for a scenario in which we did not replace all our energy infrastructure rapidly, where we did face tight supplies, volatile prices and perhaps an economic depression, in part created by our situation was a good idea. … And I have to say, learning that [the IEA estimated] the decline rate is 9.1% makes me feel that my strategy has mostly been the right one. Because that’s a huge and shocking number.

Peak oil – Nov 1

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Survey: Geologists predict that oil production will decline within a decade
ASPO newsletter for November
ASPO VII – second day
Peak oil: are oil prices destined to rise again?

German group: “Peak oil is now”

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The current developments on the global oil markets confirm the core message of the study presented by the experts of the Energy Watch Group, a comprehensive analysis of empirical data regarding worldwide oil production. A temporary drop in prices changes nothing: The hope that the ostensible speculation bubble will burst is futile. It is highly probable that worldwide oil production has already reached its apex and will continue to fall back. “Peak Oil” is now. (Excerpts)