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

Posted on May 24, 2018 by

[ 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?

Posted on December 2, 2017 by

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 →

Posted in Oil & Gas Fracked, Peak Natural Gas | Tagged , , , | 1 Comment

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

Posted on September 29, 2017 by

[ 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 →

Posted in Arthur Berman, Oil & Gas Fracked, Oil (Tar) Sands | Tagged , , , | 4 Comments

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

Posted on July 23, 2017 by

[ 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”

Posted on June 29, 2017 by

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 →

Posted in EROEI Energy Returned on Energy Invested, Oil & Gas Fracked | Tagged , , , , , , | 1 Comment

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

Posted on October 17, 2016 by

[ 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

Posted on September 4, 2016 by

[ 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 →

Posted in Oil & Gas Fracked, Oil (Tar) Sands, Oil Shale | Tagged , , , , , , | 2 Comments

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

Posted on April 25, 2016 by

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

Posted on April 15, 2016 by

[ 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?

Posted on March 24, 2016 by

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 →

Posted in Natural Gas, Oil & Gas Fracked, Peak Natural Gas, Tad Patzek | Comments Off on Patzek 2016: Is “fracked” shale natural gas production peaking?