Professor Goodstein discusses lowering oil reserves
Lateline interview with David Goodstein, professor of physics and author of Out of Gas – the End of the Age of Oil.
Lateline interview with David Goodstein, professor of physics and author of Out of Gas – the End of the Age of Oil.
It is no secret that Petroleos de Venezuela (PDVSA) is having trouble maintaining production capacity. With a natural production decline of around 25% a year, it is necessary to develop that magnitude of additional oil for the production level to remain where it was.
New York crude oil touched $50 a barrel for the first time in almost three weeks amid concern that refiners have failed to build adequate heating-oil supplies in time for the U.S. winter.
Colin Campbell believes that over the next 12 months the world will probably reach its peak of supply.
Despite its geographic proximity, China for the past century played only a marginal role in Central Asia. Economically, politically and culturally, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and Turkmenistan were firmly in Russia’s orbit. But independence in 1991 brought changes, among them the opening of the “Bamboo Curtain” to the East.
Audio recordings from the First US Conference on Peak Oil and Community Solutions featuring Pat Murphy and Richard Heinberg.
The Olduvai ‘cliff’ event has been moved closer to the present by four years: namely from 2012 previously to 2008 in the update.
Analysts said the move was intended to strengthen Mr. Chávez’s hold over the oil industry at home while tapping Mr. RodrÃguez, an oil executive, to work toward the international expansion of Mr. Chávez’s leftist movement by using oil from the world’s fifth-largest oil exporter as a diplomatic bargaining chip.
The U.S. government said Tuesday it was ready to resurrect oil shale drilling in the Rocky Mountains, a technology heralded 30 years ago to boost America’s energy output until it failed financially.
A new presentation by Matthew Simmons, “Energy: A Global Overview” given at the Deloitte & Touche’s 2004 Oil & Gas Conference in Houston, Texas.
One of the big economic stories this year has been the high price of oil. As winter approaches in the northern hemisphere, there is growing concern about rising prices for heating fuel. Some economists see the increase in energy costs as temporary, but others are predicting a more serious trend.
A reasonably sceptical look at the latest International Energy Agency report.