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Category Archives: Peak Oil
How Much Oil is Left?
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
Posted in How Much Left, Oil, Peak Oil
Tagged conventional, fracked oil, how much oil left, oil, peak oil, Russia, tar sands, tight oil, unconventional
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Scientific American: Peak oil and coal may keep catastrophic climate change in check
[ Since conventional oil, 90% of supply, peaked in 2005-6 we’ve been on a plateau. Since the rate of conventional oil decline exponentially decreasing, and population is still exponentially increasing, it is unlikely unconventional oil like shale “fracked” oil, tar … Continue reading
Posted in But not from climate change: Peak Fossil Fuels, Peak Coal, Peak Oil
Tagged climate change, IPCC, peak coal, peak oil
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The Hidden Costs of Oil. U.S. Senate hearing 2006.
[ This post has excerpts from the 2006 U.S. Senate hearing “The Hidden Cost of Oil”. It is a timely reminder, now that gasoline prices are low and peak oil off the radar, that we are nowhere near the American … Continue reading
Posted in Caused by Scarce Resources, Military, Peak Oil, U.S. Congress Energy Dependence, U.S. Congress Energy Policy
Tagged energy policy, oil dependence, peak oil, war
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Schlesinger predicts investments in 2006 will cause oil glut and denial of peak oil in future
Energy Security and Oil Dependence. Two Senate hearings from 2006. In these two 2006 hearings (excerpts below), there is a constant refrain of our dependence on oil, yet now, many congressional hearings are about our energy independence. Apparently congress has … Continue reading
Posted in Peak Oil, U.S. Congress Energy Dependence, U.S. Congress Energy Policy
Tagged biden, biofuels, copulos, dependence, energy, energy policy, ethanol, grumet, khosla, oil, peak oil, schlesinger, woolsey
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Shale Euphoria: The Boom and Bust of Sub Prime Oil and Natural Gas
[ U.S. house hearings have stated that the U.S. is energy independent, that shale oil and gas will give us a century of energy independence: House 112-176 in 2012, House 113-1 2013, and several others. In fact we have so … Continue reading
Posted in Oil & Gas Fracked, Peak Natural Gas, Peak Oil
Tagged bubble, deflation, fracking, gas, oil, peak natural gas, peak oil, shale
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GAO asks Congress to prepare for Peak Oil
[The Department of Energy (DOE) asked Robert Hirsch to come up with a peak oil risk management and mitigation plan which was published in 2005. Nothing happened, so in 2007 the Government Accountability Office asked Congress to prepare for Peak … Continue reading
Posted in Congressional Record U.S., Peak Oil
Tagged congress, GAO, investment, peak oil, risk, strategy
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Another reason to think oil production probably peaked in 2005
[ In this Kurt Cobb post, Texas oilman Jeffrey brown explains why the story of oil production growth from 2005 to 2014 is probably wrong, because the increase came from lease condensate, not oil. If this is true then Brown … Continue reading
Posted in How Much Left, Kurt Cobb, Peak Oil
Tagged condensate, oil
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Former President Bill Clinton on Peak Oil, Peak Soil, and other depleting resources
Former President Bill Clinton. May 4, 2007. The Looming Crisis; Can We Act in Time? Harvard Kennedy School. Excerpts from Keynote Address by Former President William Jefferson Clinton Kennedy School Spring Conference – Cambridge, MA I think it is highly … Continue reading
Posted in Energy Policy & Politicians, Peak Oil, Peak Topsoil
Tagged peak oil, President Clinton, resource depletion
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Rising oil prices and dependence on hostile regimes — the urgent case for Canadian oil
Preface. Sullivan has an interesting overview of the instability in the Middle East, which could lead to an oil shock quickly along with the economic and sky-high prices that entails. He also mentions “peak oil” and its implications, a term … Continue reading
Posted in Congressional Record U.S., Peak Oil
Tagged Canada, middle east, peak oil, tar sand
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Economic peak shale natural gas and oil from yet another bank & Wall Street scam
[ “Shale drillers companies are struggling to pay $235 billion of high-yield, high-risk debt taken on during the past 3 years of the U.S. shale boom. Shale drillers have consistently spent money faster than they’ve made it, even when oil … Continue reading
Posted in Peak Natural Gas, Peak Oil
Tagged bubble, debt, natural gas, oil, scam, wall street
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