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Category Archives: Oil & Gas Fracked
Why tight fracked oil and gas is mostly extracted in the US
Source: Smithsonian. May 2013 map of shale oil and gas formation. fource U.S. EIA & USGS. Preface. Unconventional US (and some Canadian) fracked tight oil was over 90% of how oil production increased after conventional oil peaked in 2008, but … Continue reading
Posted in Oil & Gas Fracked
Tagged china, fracking, natural gas, oil, Poland, tight, UK
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Is the USA energy independent?
Preface. Below are excerpts from U.S. House & Senate hearings where various speakers made the case that due to tight fracked gas & oil the United States had 100 or 200 or even 250 years of Energy Independence ahead. For … Continue reading
Posted in Natural Gas, Oil & Gas Fracked, Peak Natural Gas, U.S. Congress Energy Independence
Tagged congress, energy independence, house, natural gas, oil, senate
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Peak oil in the news 2023
Preface. Conventional crude oil production may have already peaked in 2008 at 69.5 million barrels per day (mb/d) according to Europe’s International Energy Agency (IEA 2018 p45). The U.S. Energy Information Agency shows global peak crude oil production at a … Continue reading
Posted in Oil & Gas Fracked, Peak Oil
Tagged bakken, oil, OPEC, peak oil, peak shale, permian, shale
1 Comment
Limits to growth: Oil & Gas Fracking sand
Preface. Below is an excerpt about fracking sand from Beiser’s 2018 book “The World in a Grain. The Story of Sand and How It Transformed Civilization”. In 2022 fracking sand has gotten so expensive it’s a factor in why production … Continue reading
Posted in Limits To Growth, Oil & Gas Fracked, Peak Sand
Tagged fracked natural gas, fracked oil, sand
1 Comment
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
Posted in Natural Gas, Oil & Gas Fracked, Peak Natural Gas, Peak Oil
Tagged fracked gas, peak natural gas, shale gas, shale oil, will not save us
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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
Posted in Investment, Oil & Gas Fracked, Peak Oil
Tagged decline rate, IEA 2018, oil discoveries, peak oil
4 Comments
One of the biggest risks to the world’s financial system is the $3 trillion of debt owed by oil and gas firms
[ Yet another “crash coming soon” post, if it hasn’t happened already (I scheduled this article and others to appear a year or more later, since crashes always take longer to happen than you expect. Alice Friedemann www.energyskeptic.com author of … Continue reading
Posted in Bond Market, Crash Coming Soon, Debt, Oil & Gas Fracked
Tagged crash coming soon, debt, oil and gas
1 Comment
Is Peak Oil dead? Not by a long shot! Remember Ladyfern?
Preface. Oil is finite. Period. Don’t be fooled by news stories that peak oil is dead, or we have reached peak demand. They’re all nonsense. Gail Tverberg at ourfiniteworld.com is especially good at explaining this. Worse yet, what we have … Continue reading
Posted in Oil & Gas Fracked, Peak Natural Gas
Tagged fracked gas, ladyfern, shale gas, tragedy of the commons
1 Comment
How long will the marriage of fracked oil and tar sands last?
[ Below is a post by Art Berman which I found interesting because I’m concerned about whether enough diesel can be made in the future to keep trucks running. Light tight “fracked” oil is better at making plastics and gasoline … Continue reading
Posted in Oil & Gas Fracked, Tar Sands (Oil Sands)
Tagged fracked oil, light tight oil, oil sands, tar sands
4 Comments
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 fracked, heinberg, natural gas, oil
3 Comments