Category Archives: Peak Oil

Global oil discovered 7.7 times less than consumption in 2019

Posted on June 24, 2020 by

Source: Rystad Energy (2020) in “Global oil and gas discoveries reach four-year high in 2019, boosted by ExxonMobil’s Guyana success“. Preface.  The global conventional discovery chart above lists natural gas and oil discoveries since 2013.  The fossil fuel that really … Continue reading →

Posted in How Much Left, Peak Oil | Tagged , | 4 Comments

Will covid-19 delay peak oil?

Posted on May 9, 2020 by

Preface. Here is my take on the effect this pandemic will have on oil production. Alice Friedemann   www.energyskeptic.com  author of “When Trucks Stop Running: Energy and the Future of Transportation”, 2015, Springer, Barriers to Making Algal Biofuels, and “Crunch! Whole … Continue reading →

Posted in How Much Left, Oil & Gas, Peak Oil | Tagged , , | 3 Comments

Antonio Turiel: Explaining Peak Oil the Easy Way

Posted on April 2, 2020 by

Preface. Turiel writes an excellent blog “The oil crash” at http://crashoil.blogspot.com. Turiel explains eloquently why the amount of oil will decline even though there are vast pools of oil left underground. If you read my book “When trucks stop running”, … Continue reading →

Posted in Flow Rate, Peak Oil | Tagged , , | 1 Comment

Saudi oil infrastructure at risk from drone attacks

Posted on September 19, 2019 by

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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Why “fracked” shale oil and gas will not save us

Posted on September 16, 2019 by

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 →

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Nafeez Ahmed: Venezuela’s collapse is a window into how the Oil Age will unravel

Posted on June 17, 2019 by

Preface. Ahmed is one of the best writers on the energy crisis and other biophysical calamities. He’s written about why many states are failing now in part due to peak oil, but also drought and other biophysical factors in his … Continue reading →

Posted in Peak Oil, Tar Sands (Oil Sands), Venezuela | Tagged , , | 2 Comments

Book review of Heinberg’s “Afterburn: society beyond fossil fuels”

Posted on March 25, 2019 by

Preface. This book has 15 essays Heinberg wrote from 2011 to 2014, many of them available for free online.  These are some of my Kindle notes of parts that interested me, so to you it will be disjointed and perhaps … Continue reading →

Posted in Energy Books, Peak Oil, Richard Heinberg | Tagged , , | 9 Comments

IEA 2018 World Energy Outlook: Peak oil is here, oil crunch by 2023

Posted on March 10, 2019 by

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 , , , | 4 Comments

Crash alert: China’s resource crisis could be the trigger

Posted on November 25, 2018 by

Preface.  Way to go Nafeez Ahmed, your second home run of reality based reporting on the energy crisis this week.  There are countless economists within the mainstream media predicting an economic crisis worse than in 2008, but they totally ignore … Continue reading →

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The coming crash in 2020 from high diesel prices for cleaner emission of oceangoing ships

Posted on November 21, 2018 by

Preface.  Ships made globalization possible, and play an essential role in our high standard of living, carrying 90% of global goods traded. But the need for a new, cleaner fuel may cause the next economic crisis.  Currently ships can burn … Continue reading →

Posted in By People, Crash Coming Soon, Peak Oil, Ships and Barges | Tagged , , , | 3 Comments