ASPO August Newsletter
ASPO’s August Newsletter makes some essential, if bleak, reading. The projected peak date has been moved forward, the collapse of global financial systems and human populations are discussed and much more.
Oil
Getting warm in the search for future energy supply
Once production peaks then it can’t meet demand and then prices will rise and it will be the equivalent of the oil shock in the 1970s. That will be a huge boost to renewables.
Stark choices face us on energy use
Human nature is such that we tend to wait for a crisis to happen before we react. However, as the current series of articles on the looming energy crisis highlight, we do so at our peril.
New Book: Powerdown by Richard Heinberg
Powerdown is a brilliant analysis of the options available to a civilization facing resource depletion, biosphere collapse, and financial insolvency.
Trouble in the World’s Largest Oil Field-Ghawar
The data I am being told by engineers who have worked on Ghawar suggests that this decade will see it’s peak. As Ghawar goes, so goes the world.
Globe’s growing thirst poses challenge to big oil
In best-case scenarios, like Exxon Mobil, production is relatively flat. Many more energy companies are pumping less oil than they were a year ago.
Nigeria’s oil crisis
Nigeria’s oil industry – Africa’s largest and the fifth-biggest source of US oil imports – is concerned for its future after a yearlong spree of bloodletting that has killed more than 1 000 people in the Niger Delta.
Fears ease as Yukos keeps pumping
Beleaguered Russian giant Yukos can continue to produce and sell oil despite an earlier demand to stop output, according to Russian officials.
Use less or save more
The oil majors are quietly panicking because they cannot find sufficient new projects or fields big enough to make a material difference to companies of their size.
It’s the End of the World as We Know It
In a fascinating new documentary, The End of Suburbia – Oil Depletion and the Collapse of the American Dream, the central question is this: Does the suburban way of life have a future? The answer is a resounding no.
Puerto Rico: Energy Challenge
With the end of cheap oil on the horizon, Puerto Rico continues to move toward alternatives, but is it moving fast enough?
Simmons: The Implications of Saudi Arabian Oil Declining (transcript – part 1)
There is no other oil producer on earth that can even begin over time to replace a significant short fall in Saudi Arabia’s oil. So if in fact, Saudi Arabia is at their peak production, then so is the world.
