Category Archives: Oil & Gas Fracked

One of the biggest risks to the world’s financial system is the $3 trillion of debt owed by oil and gas firms

[ Yet another “crash coming soon” post, if it hasn’t happened already (I scheduled this article and others to appear a year or more later, since crashes always take longer to happen than you expect. Alice Friedemann   www.energyskeptic.com  author of … Continue reading

Posted in Bond Market, Crash Coming Soon, Debt, Oil & Gas Fracked | Tagged , , | 2 Comments

Is Peak Oil dead? Not by a long shot! Remember Ladyfern?

Preface. Oil is finite. Period. Don’t be fooled by news stories that peak oil is dead, or we have reached peak demand.  They’re all nonsense. Gail Tverberg at ourfiniteworld.com is especially good at explaining this. Worse yet, what we have … Continue reading

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How long will the marriage of fracked oil and tar sands last?

[ Below is a post by Art Berman which I found interesting because I’m concerned about whether enough diesel can be made in the future to keep trucks running.  Light tight “fracked” oil is better at making plastics and gasoline … Continue reading

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Richard Heinberg: Will the US really be a major energy exporter?

[ I read this the day it was published (January 16, 2017) at resilience.org here, but thought it would be interesting to post in the future to see if the EIA predictions were as optimistic as Heinberg and Hughes thought … Continue reading

Posted in How Much Left, Natural Gas, Oil & Gas Fracked, Richard Heinberg | Tagged , , , | 3 Comments

Minerals: Natural gas from Ugo Bardi’s “Extracted”

Bardi, Ugo. 2014. Extracted: How the Quest for Mineral Wealth Is Plundering the Planet. Chelsea Green Publishing. NATURAL GAS.  As figure 1 shows, the average EROEI required to run industrial society as we know it is around 8 to 10.   … Continue reading

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Why “fracked” shale oil and gas will not save us and energy independence greatly exaggerated

[ As early as 2011 experts were questioning fracked natural gas reserves. Now shale oil and gas companies are $300 billion in debt and the bubble is finally bursting. But even if it hadn’t, shale gas would have peaked in … Continue reading

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Over and under-cooked oil — tar sands, “fracked” tight oil & gas, oil shale

[ This article discusses why it’s so hard and expensive to extract difficult oils like tar sands, oil shale, and tight “fracked” oil, for reasons such as: These are at the bottom of the resource pyramid, so there may be … Continue reading

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Patzek 2016: Is U.S. Shale Oil Production Peaking?

Tad Patzek.  March 16, 2016 Is U.S. Shale Oil & Gas Production Peaking? Part II: Oil Production.  patzek-lifeitself.blogspot.com In Part I of this post, I discussed production of gas from the four largest shale plays in the U.S. Ordered by … Continue reading

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Shale Euphoria: The Boom and Bust of Sub Prime Oil and Natural Gas

[ U.S. house hearings have stated that the U.S. is energy independent, that shale oil and gas will give us a century of energy independence: House 112-176 in 2012, House 113-1 2013, and several others.  In fact we have so … Continue reading

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Patzek 2016: Is “fracked” shale natural gas production peaking?

Patzek, Tad. March 11, 2016. Is U.S. Shale Oil & Gas Production Peaking? Part I: Gas Production. Patzek-lifeitself.blogspot.com Part I of this post shows my calculations of ultimate gas recovery from the Barnett, Fayetteville, Haynesville and Marcellus shales.  They might … Continue reading

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