Insight and inspiration in turbulent times.
UK will face peak oil crisis within five years, report warns
UK companies urge steps to head off global ‘oil crunch’
ASPO VII – first day
Oil’s stunning retreat: How long can it last?
Heinberg: Go develop yourself
Mid week update including:
– Oil rebounds a little
– The World Energy Outlook
Declining availability of oil will hit the UK earlier than generally expected, with potentially devastating implications for the UK economy, according to a report from a UK industry taskforce. “We sought two opinions on oil-supply risk, one from an oil-industry expert known as a leading advocate of the early-peak scenario [Chris Skrebowski], and the second from Royal Dutch Shell, who we expected might advocate a more sanguine prognosis.” (Excerpts)
At the minute, the oil and other commodity markets seem seized with the notion that a rip-roaring, world engulfing depression is on the way that will demolish oil consumption. People are actually starting to talk about oil falling all the way to $20 a barrel again. Is this likely or even remotely possible?
Staying home as a necessity and a right
Progettazione per zone e settori in ambiente urbano
Creating a Post-Peak Future Worth Living Into
Horticultural Consciousness: Hemenway interview #2
The nationalization of healthcare is the most likely outcome of the phenomena of Bad Money and The Bottleneck. Other possibilities are a severe degradation of the healthcare system or its bifurcation on the basis of ability to pay, which will reflect an unstable democratic society and possibly contribute to civic unrest and conflict.
Oil production predicted to decline within 5 years (new)
UK taskforce – peak oil will arrive much earlier than expected
Randy Udall: Peak oil and its effect on climate change
World is `drowning in oil’ (again) after drought
You’re wrong, PM. We need higher oil prices
Will the UK Face a Natural Gas Crisis this Winter?
UK industries to be forced to cut CO2 emissions
Carbon footprint standard for all products drawn up by Government
The Financial Times has leaked the results of the International Energy Agency’s long-awaited study of the depletion profiles of the world’s 400 largest oilfields, indicating that, “Without extra investment to raise production, the natural annual rate of output decline is 9.1 per cent.”
Financial Times leaks IEA report
Watchdog (IEA) warns on declining oilfield output
IEA denies oil output falling at faster rate
Jeremy Leggett on UK report
Falling oil production ‘is greater threat to Britain than terrorism’
Taskforce: Oil production predicted to decline within 5 years
Leggett interview on oil report
Putin suggests Russia, China ditch dollar in trade deals
Russia’s oil boom: Miracle or mirage?
China sets price for cooperation on climate change
The Financial Times has run two important articles today on global oil supplies, one of which was the lead story on the front page running under the title of “World will struggle to meet oil demand”.
