Category Archives: Peak Oil

Global oil discovered 7.7 times less than consumption in 2019

Posted on June 24, 2020 by

Source: Rystad Energy (2020) in “Global oil and gas discoveries reach four-year high in 2019, boosted by ExxonMobil’s Guyana success“. Preface.  The global conventional discovery chart above lists natural gas and oil discoveries since 2013.  The fossil fuel that really … Continue reading →

Posted in How Much Left, Peak Oil | Tagged , | 4 Comments

Giant oil field decline rates and peak oil

Posted on May 16, 2020 by

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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Will covid-19 delay peak oil?

Posted on May 9, 2020 by

Preface. Here is my take on the effect this pandemic will have on oil production. Alice Friedemann   www.energyskeptic.com  author of “When Trucks Stop Running: Energy and the Future of Transportation”, 2015, Springer, Barriers to Making Algal Biofuels, and “Crunch! Whole … Continue reading →

Posted in How Much Left, Oil & Gas, Peak Oil | Tagged , , | 4 Comments

Antonio Turiel: Explaining Peak Oil the Easy Way

Posted on April 2, 2020 by

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 →

Posted in Flow Rate, Peak Oil | Tagged , , | 1 Comment

Many signs of peak oil and decline

Posted on February 16, 2020 by

Preface.  Recently the IEA 2018 World Energy Outlook predicted an oil crunch could happen as soon as 2023.  Oil supermajors are expected to have 10 years of reserve life or more, Shell is down to just 8 years. Political shortages … Continue reading →

Posted in Debt, How Much Left, Peak Oil | Tagged , | 7 Comments

Permafrost will limit natural gas, oil, and coal extraction

Posted on January 14, 2020 by

Preface. For many people, it’s comforting to know that about 25% of remaining oil and gas reserves (we have the know-how and economics to get it) and resources (beyond our technical and monetary capability) are in the arctic. They assume … Continue reading →

Posted in Arctic, EROEI remaining oil too low, How Much Left, Peak Natural Gas, Peak Oil, Reserves Lower than stated, Roads, Transportation | Tagged , , , , | Comments Off on Permafrost will limit natural gas, oil, and coal extraction

Saudi oil infrastructure at risk from drone attacks

Posted on September 19, 2019 by

Preface. This NYT article was published 4 months ago, and its warning just came true. Quite prescient! Drones make it pretty easy to anonymously attack the thousands of miles of pipelines across the Arabian peninsula, oil tankers, pumping stations, and … Continue reading →

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Why “fracked” shale oil and gas will not save us

Posted on September 16, 2019 by

Preface. As early as 2011 experts were questioning how large fracked natural gas reserves were. The latest IEA 2018 report predicts shale oil/gas could start to decline by 2025, and all global oil as soon as 2023.  Shale oil and … Continue reading →

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Nafeez Ahmed: Venezuela’s collapse is a window into how the Oil Age will unravel

Posted on June 17, 2019 by

Preface. Ahmed is one of the best writers on the energy crisis and other biophysical calamities. He’s written about why many states are failing now in part due to peak oil, but also drought and other biophysical factors in his … Continue reading →

Posted in Central & South America, Oil (Tar) Sands, Peak Oil | Tagged , | 2 Comments

Book review of Heinberg’s “Afterburn: society beyond fossil fuels”

Posted on March 25, 2019 by

Preface. This book has 15 essays Heinberg wrote from 2011 to 2014, many of them available for free online.  These are some of my Kindle notes of parts that interested me, so to you it will be disjointed and perhaps … Continue reading →

Posted in By People, Energy, Peak Oil, Richard Heinberg | Tagged , , | 10 Comments