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Category Archives: Oil Shocks
Matt Simmons “Twilight in the Desert” Saudi Arabia oil: how much left?
Once the large fields peak in Saudi Arabia oil shocks will reverberate throughout the world Best up-to-date status of oil fields in Saudi Arabia. Ghawar is in decline, but 2 new fields filled in, once they’re in decline, there are … Continue reading
Posted in Energy Books, Flow Rate, How Much Left, Oil Shocks, Reserves Lower than stated
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Science Magazine: Peak Oil Production may have happened in 2005
[It’s widely known that peak conventional oil arrived in 2005. Yet it appears in EIA and IEA statistics that oil production has risen. This is because unconventional oil from natural gas liquids (mostly used to make plastic, not transportation fuel), … Continue reading
Posted in Flow Rate, How Much Left, Peak Oil
Tagged 2005, peak oil, peak oil 2005 science, science, science magazine
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Hirsch predicts Oil Shocks by 2017, panic, and stock market crash
I believe oil shocks could lead to a FAST CRASH Robert L. Hirsch was the author of the first US government report on peak oil in 2005, which recommended taking action to mitigate Peak Oil at least 20 years before … Continue reading
Posted in By People, Energy Books, Oil Shocks, Peak Resources, Robert Hirsch
Tagged hirsch, liquid fuel crisis, transportation
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