Insight and inspiration in turbulent times.
The scenes were heart-wrenching and mind-boggling: an entire modern American metropolis had effectively ceased to exist as an organized society…when it came to reporting on the damage to oil production and refining facilities, most media outlets took at face value the glib and non-specific assurances of the petroleum industry… And all of this is occurring at a time when the global supply of oil is barely able to meet demand…
Its looking increasingly like politics will decide who gets to build LNG regasification facilities for California – shame about the engineering issues, writes Martin Hastings.
When it comes to the average Joe, the economic disaster that will spin out of the Gulf storm isn’t about gasoline, it’s about natural gas.
Hour-long interview with geologist Kenneth Deffeyes, author of “Beyond Oil: The View from Hubbert’s Peak: on C-SPAN2 at 12 midnight (Eastern Time) Sunday night/Monday morning.
The key point is that non-OPEC light sweet crude went from 41% of 66 mb/d to 34% of 70 mb/d from 2000 to 2004, a drop of 3.26 mb/d. OPEC added 1 mb/d of light sweet crude over the same period resulting in a global reduction of light sweet crude of over 2mb/d showing that global light sweet crude has peaked and is now in decline.
BTC Oil Enters Georgia / China to Build Offshore Wind Power Complex / Shortages Stifle a Boom Time for the Solar Industry / Zero-energy homes / Tar sand companies try balancing oil gains, environmental pains / The Onion on Alternative Fuels
With gasoline nearly $3 gallon, there needs to be a mainstream discussion of the alternatives.
The first oil wells, paraffin and President Lincoln.
(CNN) — Wind power could generate more than enough sustainable electricity to meet global energy needs, according to new research.
Expanded efforts to drill for oil and natural gas off the California coast and elsewhere in the US will be among the direct impacts of the growing demands for oil and natural gas as their supplies diminish.
The competition to build LNG terminals on (or off) the US west coast is hotting up, with corporate contenders having to deal with new geological and operating safety concerns, untested technology and planning framework changes, never mind the political arm wrestling. Martin Hastings updates us on who is still in the game.
There are two distinct ways to think about and present the phenomenon of peak oil. It’s easy to describe what peak oil actually is, it’s the global peak in extraction rate of petroleum. The difficulty of course is determining the date and associated extraction rate of peak oil. This is where I see the two camps.
Here the geologists method of Hubbert and Campbell is compared to the analysis’s method of Chris Skrebowski with uncanny agreement.
