Oil

Design in the light of dark energy

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When the new Italian Prime Minister, Mr. Mario Monti, gave his acceptance speech to the Italian Senate before Christmas, he used the word “growth” 28 times and the word “energy” – well, zero times. Why would this supposed technocrat neglect even to mention the biophysical basis of the world’s economy? Energy, after all, is at the heart of industrial growth society: industrial production, our cities, our transport systems, our buildings and infrastructure, food and water flows, the internet – they all critically depend on oil and gas.

Three major journals publish articles on limited world oil supply

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In the past month, three major peer-reviewed journals have published articles relating to limited world oil supply. This is significant, because articles in the mainstream press, such as Bloomberg in a recent article , seem to suggest that our oil problems are past. While the US oil supply situation may be a little better, the world supply situation is still very bad, and oil prices are still very high around the world.

Review: The KunstlerCast by Duncan Crary

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Outrageous, snarky, “madly engaging,” bileful—these are a few of the terms that have been used to describe author and social critic James Howard Kunstler. But he’s actually a great deal more than these things, as anyone who’s really come to know him, even if only through his books and Internet postings, can tell you. His most personal writings reveal a human, vulnerable, wonderfully versatile, cheerful side that few people know exists.

ODAC Newsletter – Feb 10

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‘Peak Oil Scare Fades as Shale, Deepwater Wells Gush Crude’ was the title of one of the lead articles in Bloomberg’s newly launched ‘Sustainability’ section this week. The report echoes a growing number of press reports announcing the end of the “myth” of peak oil. So what gives?

That conventional oil has peaked and will be in decline over the next decades is no longer controversial – so in that sense peak oil has been and gone, and the economic consequences are evident.

The new geography of trade: globalization’s decline may stimulate local recovery

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It is an article of faith that global trade will be an ever-growing presence in the world. Yet this belief rests on shaky foundations. Global trade depends on cheap, long-distance freight transportation. Freight costs will rise with climate change, the end of cheap oil, and policies to mitigate these two challenges.

… In addition to the corporate response, there is a second, more local, noncorporate response. This response is found in the Relocalization and Transition Towns movements now springing up in many developed countries. It is a bottom-up response that includes individuals and municipalities planning for a post-peak-oil future and altering their way of life.

Obama’s energy stool

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The Obama administration’s renewable energy stool, with its three legs of biofuels, solar, and wind, has now tipped over, as all three legs start to crumble. The final push came from the recent closing of Range Fuel Corp.’s cellulosic ethanol plant in Soperton, Ga.

A new oil boom?

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A flurry of new mainstream media articles telling people not to worry about Peak Oil and hydrocarbon depletion have begun appearing on financial sites like Bloomberg, Forbes or The Wall Street Journal. I though it would be worthwhile to analyze some of their arguments. At least some media outlets are willing to even discuss peak oil at all—most remain completely silent.