Another 4.4 Magnitude Industry Reported Quake in Alberta
Chevron shuts down operations following seismic event near Fox Creek, Alberta.
Natural Gas
BC Natural Gas Reserves Inflated, Revenues Overstated, Report Finds
Analyst David Hughes offers another challenge to the province’s nascent industry.
Marcellus Production Outlook
Has Well Productivity Peaked in the Nation’s Largest Shale Gas Play?
The Great Game in the Holy Land
Guess what? Almost all the current wars, uprisings, and other conflicts in the Middle East are connected by a single thread, which is also a threat…
The Latest Oil Glut: Once Bitten, Twice Shy
With the recent plunge in oil prices, it feels like the right time to check back in with Richard Heinberg of the Post-Carbon Institute.
David Hughes Weighs In on The Fracking Fallacy Debate
The Fracking Fallacy debate is important because it casts doubt on the reliability of government estimates of our natural gas supply. If U.S. gas production is in decline by the early 2020s as described in the Nature article, or sooner as I suspect, then important policy decisions about the export of natural gas and the retirement of coal-fired electric power plants have been based on questionable information.
Peak Oil Notes – Dec 4
The Wall Street Journal reports that the Saudis will not entertain production cuts even if oil prices fall further and that Riyadh expects that global oil will settle around $60 a barrel which it says is sustainable for the Gulf Arab states.
Peak Oil Notes – Nov 20
A mid week update.
Did Russia and China just sign a death warrant for U.S. LNG exports?
Russia and China have signed two large natural gas deals in the last six months as Russia turns its attention eastward in reaction to sanctions and souring relations with Europe, currently Russia’s largest energy export market. But the move has implications beyond Europe.
Irony alert: Yergin gets award named after peak oil realist Schlesinger
Where is George Orwell when you need him? It is a supreme irony that cornucopian oil industry mouthpiece and consultant Daniel Yergin should receive America’s first medal for energy security named after James Schlesinger, the first U.S. energy secretary.
Scots lost out in UK oil and gas endgame
Those 24 Gboe (oil and gas) hotly debated during the independence campaign appear to be largely exagerated because half of that includes additional and yet-to-find resources the development of which is uncertain.
McKibben to Obama: Fracking May Be Worse Than Burning Coal
If you’re a politician, science is a bitch; it resists spin.