Insight and inspiration in turbulent times.
•Light tight oil does not diminish the importance of Middle East supply, IEA says in latest World Energy Outlook •IEA warns of future oil supply crunch •Oil crumps: Libya, Iraq ‘pay the price for chaotic Western intervention’ •North Dakota’s Salty Fracked Wells Drink More Water to Keep Oil Flowing •Alabama Oil-Train Derailment Raises Questions About Crude Shipment Safety
What will happen when an unsustainable system attempts to keep running as if the resources necessary for its continuation still existed?
No matter who’s right in the peak oil debates, there has always been easily enough oil and gas, combined with coal, to wreck the climate and bring down civilisation.
While in the US recently Richard and I pulled up a chair under a tree in his garden and chatted about his book The Party’s Over.
This year marks the tenth anniversary of the publication of my book The Party’s Over: Oil, War and the Fate of Industrial Societies, which has seen two editions and many printings, translations into eight languages
The two major threats to the continued viability of the fossil fuel industries (in our current economy) are decreased public demand for their products and a decreased ability to supply them.
A weekly review including: Oil and the Global Economy, The Middle East & North Africa, China, Quote of the Week, The Briefs, In Memoriam
US shale oil has so far replaced 2 mb/d of its crude oil imports which peaked at around 10 mb/d in 2005. If this effort can be doubled the US would still need to import around 6 mb/d.
A weekly review including: Oil and the Global Economy, The Middle East & North Africa, China, Brazil, Quote of the Week, The Briefs
Having courted economic Armageddon in the financial sector, might we be capable of repeating the trick in the energy sector?
My answer is a resounding yes. We are doing so. On multiple fronts.
A weekly reivew including Oil and the Global Economy, The Middle East & North Africa, China, Quote of the Week, The Briefs
•U.S. oil supply looks vulnerable 40 years after embargo •Why governments are blind to fossil fuel energy risk •Fuel Choice for American Prosperity [Report] •UMD Researchers Address Economic Dangers of ‘Peak Oil’
