Category Archives: Peak Oil

Global oil discovered 7.7 times less than consumption in 2019

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

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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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Will covid-19 delay peak oil?

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

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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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Saudi oil infrastructure at risk from drone attacks

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

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

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 Peak Oil, Tar Sands (Oil Sands), Venezuela | Tagged , , | 2 Comments

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

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

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IEA 2018 World Energy Outlook: Peak oil is here, oil crunch by 2023

Preface. Excerpts from the cleantechnica article below make it clear why there is likely to be a supply crunch as soon as the early 2020s, and the investment implications. Here’s what I’ve gleaned from other summaries of the report. Although … 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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