Tag Archives: oil

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

Preface. Vaclav Smil writes “The fact that wind, solar, and biomass have incredibly low energy density per square meter means that a fully renewable system to replace the 320 GW of fossil fueled electricity generation and 1.8 TW of coal, … 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

Oil theft around the world: Cartels and exploding donkeys

Preface. Oil thefts cost Nigerian oil producers at least $18 billion a year. In Mexico, cartels spend only $5-8,000 to tap into pipelines and withdraw “unlimited” amounts of gasoline, and did so 7,000 times in 2016, resulting in $1 billion … Continue reading

Posted in Peak Oil, Threats to oil supply | Tagged , , | 1 Comment

U.S. Senate 2014 Freight rail service: improving the performance of America’s rail system

Preface. This Senate hearing is mainly full of oil and grain industry leaders bashing the rail industry and asking Senators to do something about it. But the railroad industry is four times more energy efficient than trucks, and not guilty … Continue reading

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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

Minerals and War from Ugo Bardi’s “Extracted”

Bardi, Ugo. 2014. Extracted: How the Quest for Mineral Wealth Is Plundering the Planet. Chelsea Green Publishing. “Clearly there wasn’t much of an incentive to move an army or a caravan across the mountains and deserts that separated Egypt from … Continue reading

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Responding to arctic oil spills

[ It is insane to even contemplate putting oil rigs into an area with such vast amounts of ice on the move, and all the additional dangers listed below.  Before I read this 210 page NRC report, I thought the … Continue reading

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Richard Heinberg: Will the US really be a major energy exporter?

[ I read this the day it was published (January 16, 2017) at resilience.org here, but thought it would be interesting to post in the future to see if the EIA predictions were as optimistic as Heinberg and Hughes thought … Continue reading

Posted in How Much Left, Natural Gas, Oil & Gas Fracked, Richard Heinberg | Tagged , , , | 3 Comments