Category Archives: Oil

HSBC bank report predicts another financial crisis in 2018

[ Bill Hill of the Hill’s group predicted in June 2016 (at a peakoil.com forum): “We expect to have reached permanent depression by the end of 2017. The reduction will not hit all nations the same way. The richer Western … Continue reading

Posted in Crash Coming Soon, Decline, EROEI Energy Returned on Energy Invested, EROEI remaining oil too low, How Much Left, Peak Oil | Tagged , | Leave a comment

Civilization goes over the net energy cliff in 2022 — just 6 years away

[ Below are excerpts from 3 posts by Louis Arnoux (see the full versions here) and a 1-hour video explaining the Hill’s group report here .   Basically this explains the Net Energy Cliff and why it drops off so quickly … Continue reading

Posted in Cascading Failure, EROEI remaining oil too low, How Much Left, Interdependencies, Limits To Growth, Net Energy Cliff, Predictions, Scientists | Tagged , , , , , , | 14 Comments

Abiotic oil theory and its implications for peak oil

[This is most, but not all of the paper, which you can read here.  Abiotic proponents believe that the earth is always producing fossil fuels so we don’t need to worry about peak oil (peak production) or running out of … Continue reading

Posted in Oil, Ugo Bardi | Tagged , , , | 1 Comment

Peak Fossil Fuels: overview of peak oil, coal, and natural gas

[ Below are overviews of peak oil, coal, and natural gas, each followed by additional reading material from my book “When trucks stop running”. My book also explains why we are unlikely to be able to electrify transportation, as well … Continue reading

Posted in Coal, How Much Left, Natural Gas, Peak Coal, Peak Natural Gas, Peak Oil | Tagged , , , | 1 Comment

Energy return of ultra-deepwater Gulf of Mexico oil and gas

Moerschbaecher, M., John W. Day Jr. October 21, 2011. Ultra-Deepwater Gulf of Mexico Oil and Gas: Energy Return on Financial Investment and a Preliminary Assessment of Energy Return on Energy. Sustainability 2011, 3, 2009-2026 [Excerpts from this 18 page paper … Continue reading

Posted in EROEI Energy Returned on Energy Invested, Threats to oil supply | Tagged , , , , , | 1 Comment

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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How Much Oil is Left?

The Power of Exponential Growth: Every 10 years we have burned more oil than all previous decades [ There is a lot of oil left. The problem is, most of the remaining oil is unconventional, which needs a hell of … Continue reading

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

Another reason to think oil production probably peaked in 2005

[ In this Kurt Cobb post, Texas oilman Jeffrey brown explains why the story of oil production growth from 2005 to 2014 is probably wrong, because the increase came from lease condensate, not oil.  If this is true then Brown … Continue reading

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Industrial Waste Heat – more BTUs than all renewable energy resources combined

Industrial waste heat Coal, natural gas, and oil are essential for the high temperatures required in the thermal processing of metals, cement, fertilizer, glass, processed foods, and so on. About 420 trillion Btus of this is wasted, and some of … Continue reading

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When will the Alaska pipeline turn into an 800-mile-long Popsicle?

[Below are excerpts on the Alaskan pipeline from Rust: The Longest War by Jonathan Waldman.  This is a great book, yet leaves so many possible rust stories uncovered, that I hope Waldman writes Rust II (or any other topic — … Continue reading

Posted in Flow Rate, Threats to oil supply | Tagged , , | 8 Comments