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

U.S. House meeting on terrorist threats to energy security

[ Even though this hearing was over a decade ago, the issues are still the same.  Nothing has changed. Alice Friedemann   www.energyskeptic.com  author of “When Trucks Stop Running: Energy and the Future of Transportation, 2015, Springer] House 109-70. July 27, … Continue reading

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Oil shocks and the potential for crisis U.S. House 2007

[ U.S. Congressional hearings have boasted of America’s energy independence for several years.  For those of you with a longer view, and doubts about the shale “fracked” oil revolution, here’s a house hearing about oil dependence.  Much of the testimony … Continue reading

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When Trucks Stop Running, So Does Civilization. Energy and the Future of Transportation.

When Trucks Stop Running. Energy and the Future of Transportation. Available at Springer, Amazon, Google Play, Barnes & Noble, Alibris Alice Friedemann   www.energyskeptic.com  author of “When Trucks Stop Running: Energy and the Future of Transportation”, 2015, Springer and “Crunch! Whole … 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 difference between depletion and decline rate in oil fields

Notes from 26 page: Höök, M., Davidsson, S., Johansson, S., Tang, X. 2014. Decline and depletion rates of oil production: a comprehensive investigation. Philosophical Transactions. Series A: Mathematical, physical, and engineering science, 372 Depletion rate is the rate that the … Continue reading

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Coal-to-liquids (CTL) can not compensate for declining oil & natural gas production

Notes from 23 page: Höök, M. & Aleklett, K. 2010. A review on coal-to-liquid fuels & its coal consumption. International journal of energy research Vol. 34 10:848-864 Annual decline in existing crude oil production is around 4-8%, equivalent to an … Continue reading

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Giant Oil Field Decline Rates

Summary of article 1, Cobb’s “Aging Giant Oil Fields” 2013 The world’s 507 giant oil fields comprise a little over 1% of all oil fields, but produce 60% of current world supply Of the 331 largest fields, 261, or 79%, … Continue reading

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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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Super Rust Corrodes hundreds of ships and could sink the oil industry

Blame it on super-rust, a virulent form of corrosion that has destroyed hundreds of ships and could sink the oil industry. By Richard Martin, June 2002. Wired Magazine. Key points (see the full article at http://archive.wired.com/wired/archive/10.06/superrust.html): Ships that cost hundreds … Continue reading

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Domestic sources integral to U.S. energy security, but may be vulnerable By Elizabeth Bunn

Domestic sources integral to U.S. energy security, but may be vulnerable By Elizabeth Bunn U.S. Vulnerabilities The following facilities represent some the most important oil and petroleum infrastructure in the United States. The vulnerability of these systems depends on several … Continue reading

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