Category Archives: Flow Rate

Gail Tverberg: Eight Pieces of Our Oil Price Predicament

Eight Pieces of Our Oil Price Predicament October 22, 2014, by Gail Tverberg A person might think that oil prices would be fairly stable. Prices would set themselves at a level that would be high enough for the majority of … Continue reading

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Oil Crunch 2015: UK Industry Task force on Peak Oil & Energy Security (ITPOES)

Ahmed, N.  28 Mar 2014. Ex govt adviser: “global market shock” from “oil crash” could hit in 2015. The Guardian. Former oil geologist Dr. Jeremy Leggett, identified 5 “global systemic risks (oil depletion, carbon emissions, carbon assets, shale gas, and … Continue reading

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2nd largest oil field in the world, Mexic’s Cantarelle, declining rapidly

Mexican oil exports: start saying adios! Martin Payne . 19 Mar 2008.Energy Bulletin. 1)      This story illustrates the problem of RATE of production – you might have a lot of oil, but if you can only produce it at x … Continue reading

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Why is oil production peak the problem and not when the oil runs out?

First, a little history The exponential growth of population from 1 billion to 7 billion in less than 200 years was fueled by fossil fuels, especially oil, which does the actual work of a society and is as necessary as … 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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Matt Simmons “Twilight in the Desert” Saudi Arabia oil: how much left?

Once the large fields peak in Saudi Arabia oil shocks will reverberate throughout the world Best up-to-date status of oil fields in Saudi Arabia. Ghawar is in decline, but 2 new fields filled in, once they’re in decline, there are … Continue reading

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Peak oil: “It’s the flows, stupid!”

Peak oil: “It’s the flows, stupid!” by Steve Andrews, Randy Udall, originally published by ASPO-USA  | May 12, 2008 Recent peak oil critic: “In the public mind, peak oil means ‘running out.’” Verbal shots from legendary political consultant James Carville … Continue reading

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Chemistry World: Peak Oil is not a myth

Peak oil is not a myth 20 February 2014 Chemistry World I’ve edited, empasized, added my own comments, and reworded the article below, as I usually do to make sure I’ve complied with copyright law  “Fair Use”. Sources of unconventional … Continue reading

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Flow Rate by Kurt Cobb at Resource Insights

[I've combined & rearranged sections from the articles below] April 28, 2013  The only true metric of energy abundance: The rate of flow September 02, 2012 Why the oil industry doesn’t want you to remember the last 14 years Energy … Continue reading

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