Oil

Megaprojects October 2005 Update

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Gripping update on the invaluable Megaprojects listing by the Petroleum Review: “…The world has now reached the point where the volumes lost to depletion are much larger than the levels of likely new demand. This means total increments required (new demand plus depletion) are running at around 7%/y, while the largest supply increments in 2006 and 2007 are contributing 3.6% and 3.5%”.(pdf)

Other Energy Headlines – 20 October, 2005

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Energy, ethanol and greenhouse / Brazil’s gas consumption to triple by 2010 / Nothing green about Blair’s nuclear dream / Wood stoves back in vogue ahead of costly winter / Benefits of coal touted at Montana energy conference / India’s fast breeder nuclear reactor is 20 years old / A 30 000 MW Wind Farm in Canada?

Politics and Economics Headlines – 19 October, 2005

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Australia capable of building ‘energy freeway’ to China / China may Emerge as World Top Wind Power / PR co. interviews Ford’s director of sustainable business strategies / TOD’s Staniford listens to Montana’s Gov. Schweitzer / Montana Energy Conference / Canada – a fuels paradise / Californians get vote on energy policy / US Gas Bill will raise profits not lower prices / Remembering 18.9-cent gas / Is America’s Oil Age Already Waning?

Energy

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We will begin the transition to the next major sources of energy, perhaps before midcentury, as production from conventional oil reservoirs, according to central-tendency scenarios of the U.S. Department of Energy, is projected to peak. … Nonetheless, the transition will take time. We, and the rest of the world, doubtless will have to live with the geopolitical and other uncertainties of the oil markets for some time to come.

Peak oil headlines – Oct 17

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Waiting for the lights to go out /
“When Technology Fails” (self-reliance and planetary survival) /
South Africa & the oil price crisis /
Rep. Bartlett to speak Monday /
Why oil prices are high and why we don’t care /
The house of cards /
Heinberg interview on KBOO

Statements on Oil

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It is very likely that the world is now entering a challenging period for energy supply, due to the limited resources and production problems now facing conventional (easily accessible) oil. …Mitigation measures must be initiated in the next few years in order to secure a continued adequate supply of liquid fuels, especially for the transport sector. Over the longer term, completely new solutions are required.

Peak oil headlines – Oct 16

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Robert Hirsch: Inevitable peaking of world oil /
When will PO arrive? /
WSJ: $70/barrel? Relax, it’ll come down /
Kos: Proposal for a serious energy policy /
Japan: What me worry? /
Report on London PO conference /
Malta in shock over fuel prices /
Chavez: world faces major energy crisis /
Americans expect ‘miracle’ oil reserves /
Marxists on PO /
There is no Plan “B”

Peak Oil Headlines – 13 October, 2005

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Oil Depletion? It’s All In The Assumptions — Part 2 / IEA report ‘Resources to reserves’ deeply flawed / If oil is the problem, what are the solutions? / Energy independence requires a multifaceted approach / Iran shutting down some heavy? / Report on the Peak Oil conference in Ohio