Tag Archives: oil

How much oil left in America? Not much

Preface. If you think we have no worries because we can get arctic oil, think again. We can’t because icebergs mow drilling platforms down in the ocean. On land, massive amounts of expensive new drilling rigs, roads, rail lines, platforms, … Continue reading

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

The shocking truth about life in Saudi Arabia, oppression, conformity, & poverty

Preface. Saudi Arabia produces 1 in 4 barrels of oil. Their fate will affect all of us. Yet most Saudis are poor despite the $400 billion in income from oil. They lack decent homes, health care, sanitation, and education. Fear, … Continue reading

Posted in Travel | Tagged , , , , | Comments Off on The shocking truth about life in Saudi Arabia, oppression, conformity, & poverty

Permafrost will limit natural gas, oil, and coal extraction

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

How Much Oil is in an Electric Vehicle? by Nicholas LePan

LePan shows how plastics, made from fossil fuels, make up so much of a car, plus lighten the weight so the car can go further on gasoline. Since fossil fuels are finite, many assume we’ll just make them out of … Continue reading

Posted in Automobiles | Tagged , , , , | 6 Comments

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

Posted in Middle East, Oil & Gas, Peak Oil | Tagged , , , | Comments Off on Saudi oil infrastructure at risk from drone attacks

Vaclav Smil: from wood to coal to oil, energy transitions take a long time

Preface.  This post has a shortened, reworded, and heavily commented on article from Scientific American in 2014.  You can also see two much longer articles about energy transitions by Smil from n 2008 and 2010 here: Vaclav Smil: Our transition … Continue reading

Posted in Alternative Energy, Coal, Dependence on Oil, Energy, Vaclav Smil | Tagged , , , , , , , , | 2 Comments

Royal Society on peak oil and how much oil is left

[ This is a great introduction to the whole topic of oil, reserves, resources, and so on. It’s very long so I’ve only excerpted bits of it and reworded some of it.  I can’t say there’s anything new in here … Continue reading

Posted in How Much Left | Tagged , , , | 1 Comment

Steve St. Angelo: The global oil & gas industry is cannibalizing itself to stay alive

[ I heard Steve recently on a Peak prosperity podcast here.  I like St. Angelo because he is one of very few financial advisors who understand the role energy plays in the economy.  Though I don’t think that gold and … Continue reading

Posted in Debt, Economic, Investing advice, Natural Gas, Oil | Tagged , , | 7 Comments

Power density of biomass, wind, & solar take too much land to replace fossil fuels

Volumetric versus specific energy density for selected energy carriers. Source: Palmer, G. 2020. Energy storage & civilization: a systems approach. Springer. Preface. Vaclav Smil writes “The fact that wind, solar, and biomass have incredibly low energy density per square meter … Continue reading

Posted in Alternative Energy, Biomass, Coal, Hydropower, Natural Gas, Oil | Tagged , , , , , , , | 2 Comments

Richard Heinberg on why low oil prices do not mean there is plenty of oil, EROI, collapse

[ Yet another wise, thoughtful, and wide-ranging essay from my favorite writer of the many facets of a civilization about to decline as it is starved of the fossil fuels that feed it.  Although the topics are quite varied, Heinberg … Continue reading

Posted in Oil, Peter Turchin, Richard Heinberg, Social Disorder | Tagged , , , , , , , | 8 Comments