Tag Archives: how much oil left

Peak Oil is Officially Here! World oil production peaked November of 2018

Posted on March 24, 2024 by

Preface. When I first published this post in February of 2022, I said that peak world oil production might have arrived, but it takes 5 years in the rear-view mirror to call it.  Now peak “crude oil including lease condensate … Continue reading →

Posted in Debt, How Much Left, Peak Oil | Tagged , , | 7 Comments

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

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 →

Posted in How Much Left, Peak Oil | Tagged , , , | Comments Off on How reasonable are oil production scenarios from public agencies?

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 →

Posted in How Much Left, Oil, Peak Oil | Tagged , , , , , , , , | 1 Comment