Category Archives: Oil

Kurt Cobb: Peak oil production has been hidden by the EIA by including condensate and other non-transportation fuels

Posted on September 20, 2017 by

[ The Energy Information Administration has done what they can to hide peak oil production by adding in everything but the kitchen sink to overall oil production numbers, such as ethanol and natural gas liquids, which are not true transportation … Continue reading →

Posted in How Much Left, Kurt Cobb, Peak Oil | Tagged , , , , | 2 Comments

Responding to arctic oil spills

Posted on August 26, 2017 by

Preface. It is nuts to put oil rigs in an area with such vast amounts of ice on the move, and all the additional dangers listed below. No wonder there’s little to no drilling.  It’s too expensive to keep oil … Continue reading →

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How reasonable are oil production scenarios from public agencies?

Posted on July 31, 2017 by

So far both the U.S. Energy Information Administration (EIA) and International Energy Agency (IEA) are on target in their predictions. In 2014 (the last year for which there is data), world production of crude oil and lease condensate was 77.833 … Continue reading →

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

Posted on July 23, 2017 by

[ 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

The effects of Middle East events on U.S. Energy markets

Posted on July 2, 2017 by

[ Of note from this U.S. House 2011 hearing: John Hofmeister, former President of Shell Oil.  Matt Simmons, who passed away this past summer, used to speak of the Straits of Hormuz as, we live one day away from an … Continue reading →

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The Peak Oil paradox revisited by Euan Mearns

Posted on April 26, 2017 by

Euan Mearns. July 16, 2016. The Peak Oil Paradox Revisited. theautomaticearth.com Euan Mearns: Back in the mid-noughties the peak oil meme gained significant traction in part due to The Oil Drum blog where I played a prominent role. Sharply rising … Continue reading →

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Art Berman: Oil Prices Lower Forever? Hard Times In A Failing Global Economy

Posted on April 23, 2017 by

Art Berman. July 15, 2016. Oil Prices Lower Forever? Hard Times In A Failing Global Economy. Forbes. A pumpjack sits on the outskirts of town at dawn in the Permian Basin oil field on January 21 in the oil town … Continue reading →

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M. King Hubbert and the future of peak oil by Kurt Cobb

Posted on April 20, 2017 by

Preface. M. King Hubbert predicted that if we were unable to replace fossil energy with water, nuclear and solar power, that we would go back to an agrarian existence (Hubbert MK (1949) Energy from Fossil Fuels. Science). That is how … Continue reading →

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Murphy & Hall 2011 Adjusting the economy to the new energy realities of the second half of the age of oil

Posted on March 18, 2017 by

[ Below are excerpts from this 5 page paper, slightly rearranged, go here to see all of the text, figures, and tables.   Alice Friedemann   www.energyskeptic.com  author of “When Trucks Stop Running: Energy and the Future of Transportation, 2015, Springer] Murphy, … Continue reading →

Posted in Charles A. S. Hall, EROEI Energy Returned on Energy Invested, How Much Left | Tagged , , | 2 Comments

How Much Oil is Left?

Posted on December 23, 2016 by

The Power of Exponential Growth: Every 10 years we have burned more oil than all previous decades Preface. There is a lot of oil left. The problem is, most of the remaining oil is unconventional, which needs a lot more … Continue reading →

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