Insight and inspiration in turbulent times.
Rebuttal to many of the common arguments against peak oil. Includes: why this is not like 1970s, impact of higher prices, improved technology, Canadian oil sands, oil shale, Jack 2 field, Acrtic National Wild Life Reserve, and other questions.
As for as the relationship between the Arctic and peak oil: significant oil production from undeveloped Arctic resources of uncertain size is many years away.
Halliburton moves CEO to oil-rich Dubai
Halliburton heeds the call to Go East
The new Seven Sisters: oil and gas giants dwarf western rivals
Arctic gas project costs top $16 billion
Alaska joins axis of evil (unreliable oil suppliers) /
Restart of Prudhoe Bay oil field may take months /
Variety of crudes seen filling gap left by Prudhoe Bay outage (problems for West Coast) /
Oil Drum: More thoughts on Prudhoe Bay
Crude oil surged above $76 a barrel, the biggest gain in two weeks, after BP Plc said it will shut Alaska’s Prudhoe Bay field, where 8 percent of U.S. oil is produced.
Kunstler: The twilight of mechanized lumpenleisure /
Heinberg interview: Peak experience /
Antartica: All eyes on the last wilderness /
Peak Oil mentioned in G8 report /
Thinking The Unthinkable
Global warming seems an almost impossible notion on this icy coastline, but out there in the frozen wastes the ice is slowly melting, and a new struggle over the world’s dwindling resources is rapidly heating up.
Interview with Doug Reynolds, University of Alaska professor and energy consultant to the state of Alaska.
“We see about 2007 as the peak date for North American natural gas production. One of the interesting things with natural gas, though, is that the technology is so good that reserves are being depleted much faster. This means the peak may hold out a little longer, maybe even until 2008, then it will be followed by an even sharper fall.”
Amsterdam – The world’s oil production will reach a peak between 2012 and 2017. After 2017, production will slowly start to decline. In the
coming years an annual production growth of no more than 1.5% is feasible, while demand is expected to grow on average 2.1% annually. Because of this, the oil price will stay on persistently high levels.
ANWR is only the most noticeable tip of the iceberg here, as the White House and Congress are working together to open our entire remaining wilderness to resource production. We are witnessing the start of a mad scramble for crumbs as Peak Oil announces the end of abundance.
When it comes to dealing with the many energy-related crises we’re facing, can the Bushies really go on pretending that their policies are any more forward-looking than a rerun of That ’70s Show
Amid the backdrop of soaring oil and gasoline prices, a sharply divided U.S. Senate on Wednesday voted to open the ecologically rich Alaska wildlife refuge to oil drilling, delivering a major energy policy win for President George Bush.
