Category Archives: Oil Shocks

Reserves exaggerated, Financial crash — new oil projects can’t get funding, any kind of war whether cyber or nuclear, key chokepoints strangled by regional wars, Ghawar and other giants begin their 9% decline per year, infrastructure rusting, Export Land Model — one way or another oil shocks are on the way and Peak Oil will create fear and panic across the world and crash the stock markets if that hasn’t already happened on its own from corruption

The French Energy Sobriety Plan

Preface.  Below is the announcement of the French Energy Sobriety Plan by Prime Minister Borne. The energy crisis is coming to all nations, and we should all be implementing their action plan (and family planning, birth control, abortion, limited immigration). … Continue reading

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2008 National Academy of Sciences meeting on America’s Energy Future

Preface.  Hundreds of top scientists gathered in 2008 to discuss the future of energy in America at a time when oil prices were reaching record highs. And here we are again with record breaking prices and no reduction of our … Continue reading

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Energy certificates as currency when oil shocks strike?

Since world oil probably peaked in 2018 (EIA 2021), clearly there will be a time when there are oil shortages. The price may be high at first, but that often brings on a financial crash (Hamilton 2013), unemployment rises as … Continue reading

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Peak oil: “It’s the flows, stupid!” Energy abundance depends entirely on the RATE of energy flow

Preface. Below are excerpts from two articles on why the FLOW RATE of oil is what matters for our fossil-fueled civilization. It’s like how, when filling up a bathtub, you want to turn the faucet on as high as it … Continue reading

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Giant oil field decline rates and peak oil

Preface. Of the roughly 47,500 oil fields in the world, 507 of them, about 1%, are giant oil fields holding nearly two-thirds of all the oil that has ever been, or ever will be produced, with the largest 100 giants, … Continue reading

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Antonio Turiel: Explaining Peak Oil the Easy Way

Preface. Turiel writes an excellent blog “The oil crash” at http://crashoil.blogspot.com. Turiel explains eloquently why the amount of oil will decline even though there are vast pools of oil left underground. If you read my book “When trucks stop running”, … Continue reading

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Crash alert: China’s resource crisis could be the trigger

Preface.  Way to go Nafeez Ahmed, your second home run of reality based reporting on the energy crisis this week.  There are countless economists within the mainstream media predicting an economic crisis worse than in 2008, but they totally ignore … Continue reading

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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

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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. In fact, … Continue reading

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Transportation: How long can we adapt before we fall off the Net Energy Cliff?

Preface. There are too many factors besides geological depletion to predict a future timeline of collapse. Plus each region will be more or less affected by each factor, sooner or later as well. This is a unique crash – there … Continue reading

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