Category Archives: How Much Left

How reasonable are oil production scenarios from public agencies?

So far both the U.S. Energy Information Administration (EIA) and International Energy Agency (IEA) are on target in their predictions. In 2014 (the last year for which there is data), world production of crude oil and lease condensate was 77.833 … 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

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The Peak Oil paradox revisited by Euan Mearns

Euan Mearns. July 16, 2016. The Peak Oil Paradox Revisited. theautomaticearth.com Euan Mearns: Back in the mid-noughties the peak oil meme gained significant traction in part due to The Oil Drum blog where I played a prominent role. Sharply rising … Continue reading

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Art Berman: Oil Prices Lower Forever? Hard Times In A Failing Global Economy

Art Berman. July 15, 2016. Oil Prices Lower Forever? Hard Times In A Failing Global Economy. Forbes. A pumpjack sits on the outskirts of town at dawn in the Permian Basin oil field on January 21 in the oil town … Continue reading

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M. King Hubbert and the future of peak oil by Kurt Cobb

Kurt Cobb. July 17, 2016. M. King Hubbert and the future of Peak Oil. ResourceInsights. Almost synonymous with the term “peak oil” is M. King Hubbert, perhaps the foremost geophysicist of the 20th century, who first theorized about the eventual … Continue reading

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Murphy & Hall 2011 Adjusting the economy to the new energy realities of the second half of the age of oil

[ Below are excerpts from this 5 page paper, slightly rearranged, go here to see all of the text, figures, and tables.   Alice Friedemann   www.energyskeptic.com  author of “When Trucks Stop Running: Energy and the Future of Transportation, 2015, Springer] Murphy, … Continue reading

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Oil discoveries in 2015 lowest since 1947 — 2016 likely to be even lower. Bloomberg

  Mikael, H. August 29, 2016. Oil Discoveries at 70-Year Low Signal Supply Shortfall Ahead. Bloomberg. Explorers in 2015 discovered only about a tenth as much oil as they have annually on average since 1960. This year, they’ll probably find … Continue reading

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Ugo Bardi: The Hill’s Group report

[ The Hill’s group consists of energy insiders, and I must admit I was impressed by the predictions they said their model had already gotten right, such as the drop in oil price when everyone was expecting the price to … 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 lot more … Continue reading

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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

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