Deepwater Oil

Peak Oil Not a Problem According to NY Times; Scientific American – Our Response on the Financial Aspects

by

Recently, we have had two new articles aiming to put to rest people’s fears about peak oil. One is from the New York Times: Oil Industry Sets a Brisk Pace of New Discoveries It talks about the many discoveries this year, and how, if they continue at the pace they have in the first half, they will be the best since 2000. The other is from the October Scientific American, called Squeezing More Oil from the Ground…Its premise seems to be that there are a lot of promising areas that we have not yet explored. When you put this together with advances in drilling and the promises of secondary and tertiary recovery, there is a good chance that oil production will not peak for many years.

Middle East and Peak Oil – Sept 10

by

-Debate about peak oil is misleading
-Saudi provides realistic outlook on energy future
-OAPEC to spend $133 bn on boosting refinery output
-Abu Dhabi to invest $10 bn on green projects
-UNDP Arab Human Development Report 2009

Fatih Birol interview on Youtube for the film “PetroApocalypse Now?”

by

Fatih Birol talks the talk on peak oil – In this 40 minute exclusive interview for my film “PetroApocalypse Now?” I interviewed Fatih Birol, Chief Economist of the IEA about reserves, the USGS, technology, demand and recession, solutions and peak oil. (Also, a mini-review of the film)

Peak oil – Aug 30

by

Hurricane Gustav, energy infrastructure, and updated damage models
TOD’s peak oil update
An urban legend to comfort America: our massive reserves of unconventional oil
Cantarell July output lowest since 1995
Gulf of Mexico oil production likely never to reach pre-Katrina levels
Brazil’s debate over new oil wealth heats up