Oil

ODAC Newsletter – May 4

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The shale gas ‘revolution’ suffered another blow this week as the US Securities and Exchange Commission announced an investigation into dealings between industry leader Chesapeake Energy and its chief executive Aubrey McClendon. It emerged recently that McClendon had been taking a private stake in each well the company drills and, unbeknownst to shareholders, borrowed over $1 billion against them…

Seven myths used to debunk peak oil, debunked

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Peak oil is a fact, not a theory. From US conventional oil production peaking in 1970 to global conventional oil production peaking in 2006 the figures are indisputable. Even institutions such as the International Energy Agency (IEA) and publications like The Economist that are not known for alarmism have admitted that oil production from conventional sources has peaked.

So why are there still commentators who refuse to believe peak oil?

My Neighbors Use Too Much Energy

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I have described in a series of posts the efforts my wife and I have made to reduce our energy footprint on a number of fronts. The motivation stems from our perception that the path we are on is not sustainable. Our response has been to pluck the low-hanging fruit, demonstrating to ourselves that we can live a “normal” life using far less energy than we once did. We are by no means gold medalists in this effort, but our savings have nonetheless been substantial. Now we shift the burden off of ourselves, and onto our neighbors. You don’t have to run faster than the bear—just faster than the other guy. In this post, I summarize our savings relative to the national average, add a few more tidbits not previously covered, put the savings in context, and muse about ways to extend the reach of such efforts.

China’s looming conflict between energy and water

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In its quest to find new sources of energy, China is increasingly looking to its western provinces. But the nation’s push to develop fossil fuel and alternative sources has so far ignored a basic fact — western China simply lacks the water resources needed to support major new energy development.

Top 11 FAQs

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I’ve been giving lectures on Peak Oil for over a decade now, and always look forward to the question period after the main show. It’s an opportunity to interact with the audience and take questions…Here are the top 11, along with brief sample replies and some resources for further reading.

 

My TEDxExeter talk: ‘My town in Transition’

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A couple of weeks ago I spoke at TedxExeter, a fantastic occasion with many great speakers (have a look at their website as more and more of the films from the day go online). I spoke for the first time in detail about Totnes as a case study, and what, after 6 years, we can draw from the experience of Transition Town Totnes. I hope you enjoy it.