Tag Archives: oil

How much oil left in America? Not much

If you think no worries because we can get arctic oil, think again. We can’t because icebergs knock the drilling platforms down, and massive amounts of new infrastructure — roads, rail lines, platforms, buildings — are needed to set up … Continue reading

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

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

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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

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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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