Oil

A world without oil

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Scientists have criticised a major review of the world’s remaining oil reserves, warning that the end of oil is coming sooner than governments and oil companies are prepared to admit. BP’s Statistical Review of World Energy, published yesterday, appears to show that the world still has enough “proven” reserves to provide 40 years of consumption at current rates.

Securing the future – An oil company perspective

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I regard much of this gloom and doom as vastly overdone. But we should admit that, in the first decade of the 21st Century, those of us who work in the energy industry are at the very centre of the challenges which the world faces. It is not a comfortable position. Yet we should rise to those challenges wisely, confidently and rationally.

James Woolsey on ending the oil era

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Interview with former CIA director James Woolsey. “The war on terror is the only war the United States has fought, with the obvious exception of the civil war, in which we pay for both sides. This is not a good plan. This current year we will borrow something on the order of $320 billion dollars, nearly a billion dollars a day, to import oil.”

Commemorating Admiral Rickover's 1957 speech on energy

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Speech to the U.S. House: “Admiral Hyman Rickover, the father of our nuclear navy, gave an amazingly prophetic speech 50 years ago. He noted that we have 8,000 years of recorded history and discussed the extraordinary contribution of energy, particularly oil, to the development of civilization. However, Adm. Rickover noted that oil and all fossil fuels are finite resources that once burned are gone forever.”