Category Archives: Oil

Robert Rapier: Oil demand is growing, not shrinking. There is no peak oil demand in sight.

[ Yes, this article was published 10 months ago, but with all the attention to fake news today, I thought it would be worthwhile pointing out that peak demand is propaganda, not based on facts. Since the goal of fake … Continue reading

Posted in Dependence on Oil, Electric Cars, Other Experts, Peak Oil, Transportation | Tagged , , | 3 Comments

Royal Society on peak oil and how much oil is left

[ This is a great introduction to the whole topic of oil, reserves, resources, and so on. It’s very long so I’ve only excerpted bits of it and reworded some of it.  I can’t say there’s anything new in here … Continue reading

Posted in How Much Left | Tagged , , , | 1 Comment

Steve St. Angelo: The global oil & gas industry is cannibalizing itself to stay alive

[ I heard Steve recently on a Peak prosperity podcast here.  I like St. Angelo because he is one of very few financial advisors who understand the role energy plays in the economy.  Though I don’t think that gold and … Continue reading

Posted in Debt, Economic, Investing advice, Natural Gas, Oil | Tagged , , | 7 Comments

Many signs of peak oil and decline

[ I think the huge debt of major and minor oil and gas companies, falling cash flow, and dimming prospects are a huge waving banner of “Danger Ahead!”  It was expected by those of us following the energy crisis that … Continue reading

Posted in Debt, How Much Left, Peak Oil | Tagged , | 2 Comments

Power density of biomass, wind, & solar take too much land to replace fossil fuels

Preface. Vaclav Smil writes “The fact that wind, solar, and biomass have incredibly low energy density per square meter means that a fully renewable system to replace the 320 GW of fossil fueled electricity generation and 1.8 TW of coal, … Continue reading

Posted in Alternative Energy, Biomass, Coal, Hydropower, Natural Gas, Oil | Tagged , , , , , , , | 2 Comments

Richard Heinberg on why low oil prices do not mean there is plenty of oil, EROI, collapse

[ Yet another wise, thoughtful, and wide-ranging essay from my favorite writer of the many facets of a civilization about to decline as it is starved of the fossil fuels that feed it.  Although the topics are quite varied, Heinberg … Continue reading

Posted in Oil, Peter Turchin, Richard Heinberg, Social Disorder | Tagged , , , , , , , | 8 Comments

Oil theft around the world: Cartels and exploding donkeys

Preface. Oil thefts cost Nigerian oil producers at least $18 billion a year. In Mexico, cartels spend only $5-8,000 to tap into pipelines and withdraw “unlimited” amounts of gasoline, and did so 7,000 times in 2016, resulting in $1 billion … Continue reading

Posted in Peak Oil, Threats to oil supply | Tagged , , | 1 Comment

By 2020 it may be clear to everyone that oil decline has begun

Preface. There are two parts to Dittmar’s study. The first one concerns production, based on the most recent years of oil production.  Dittmar found a strong pattern of oil decline after the plateau of 3% a year for five years, … Continue reading

Posted in Exports decline to ZERO, How Much Left, Peak Oil | Tagged , , | 3 Comments

Permafrost will limit natural gas, oil, and coal extraction

Preface. For many people, it’s comforting to know that about 25% of remaining oil and gas reserves (we have the know-how and economics to get it) and resources (beyond our technical and monetary capability) are in the arctic. They assume … Continue reading

Posted in Arctic, EROEI remaining oil too low, How Much Left, Peak Natural Gas, Peak Oil, Reserves Lower than stated, Roads, Transportation | Tagged , , , , | Comments Off on Permafrost will limit natural gas, oil, and coal extraction

What would happen if trucks stopped running?

Preface. In “Why You Should Love Trucks” I showed that essential supply chains depend on trucks nearly completely. Because of little inventory and dependence on just-in-time deliveries, our civilization would almost immediately feel the repercussions of trucks stopping.  That sounds … Continue reading

Posted in Cascading Failure, Dependence on Oil, Electric trucks impossible, Infrastructure, Oil Shocks, Transportation, Transportation, Trucks | Tagged , , , , | Comments Off on What would happen if trucks stopped running?