Category Archives: Threats to oil supply

The effects of Middle East events on U.S. Energy markets

[ Of note from this U.S. House 2011 hearing: John Hofmeister, former President of Shell Oil.  Matt Simmons, who passed away this past summer, used to speak of the Straits of Hormuz as, we live one day away from an … Continue reading

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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

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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

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The crude oil export ban: Helpful or hurtful 2015 House hearing

House 114-22. April 14, 2015. The Crude oil export ban: Helpful or hurtful? House of Representatives. [ Excerpts from the 73-page transcript of the hearing follow ] Ted Poe, Texas. The United States is now the largest crude oil producer … Continue reading

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Oil Choke Points vulnerable to war, chaos, terrorism, piracy

Source: Ballout, D. 2013. Choke Points: Our energy access points. Oil Change. Million Barrels per day / 2009 world Oil Transit Chokepoints 15.5 / Strait of Hormuz, 20 to 25% of the world’s daily crude oil production 13.6 / Strait … Continue reading

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A financial crash would stop new oil production, sending us over the net energy cliff with a 10% decline rate per year

Gail Tverberg’s March 4, 2014 “Reasons for our Energy Predicament – an overview” gave me this sudden insight: There is the potential for a sudden drop of 10 to 30% in oil production.  That magnitude of world-wide oil shocks would … Continue reading

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