Peak oil notes – June 6
A mid-week update…Oil prices rebounded this week with Brent climbing above $104 after trading below $100 on Monday…
Oil
Peak Oil Review – June 3
A weekly review including Oil and the Global Economy, The Middle East & North Africa, OPEC, Quote of the Week, The Briefs.
Drilling Faster Just To Stay Still: A Proposal To Use ‘Production Per Unit Effort’ (PPUE) As An Indicator Of Peak Oil
Within the fields of harvest and fisheries management catch per unit effort (CPUE) is one method that is used to determine the health of a biological resource. The underlying assumption is that as a population declines it becomes harder to catch and therefore CPUE decreases.
Difficult Truths about ‘Difficult Oil’
As we work down the hydrocarbon pyramid, energy gets messier and much more costly. Latest in a series.
Half of oil burnable in 2000-2050 to keep us within 2 degrees warming has been used up as we hit 400 ppm
We have a race between peak oil and global warming. Symptoms of these complex processes pop up every now and then.
Will the International Energy Agency’s oil forecast be wrong again?
The famous Danish physicist Niels Bohr once humorously observed, "Predictions are very difficult, especially about the future." And so, as the world considers yet another rosy oil supply forecast, this time from the Paris-based International Energy Agency, it is worth reviewing the agency’s record.
Unburnable: Risky Fossil Fuel Investments & Climate Crisis
Two new reports say climate change could cause the next financial crisis. From London, Bob Ward, LSE lead author of "Unburnable: Carbon 2013: Wasted capital and stranded assets." Australia’s Climate Institute, John Connor on coal’s risky future. Plus Nancy LaPlaca: why sunny Arizona burns coal.
Lawns Of Purple and Gold
We burn 800 million gallons of gas mowing lawns, and statisticians say that we spill 17 million gallons every year just refilling our lawn machines. If so, that beats the Exxon Valdez spill of 10 million gallons.
Peak oil – May 10
•Interview: Energy Investor Bill Powers Discusses Looming Shale Gas Bubble •Availability of oil in the long term is dubious, as oil prices could in fact retreat, helping the tanker market •Shale Oil And Gas: The Contrarian View
Peak oil – Apr 30
•Peak oil isn’t dead: An interview with Chris Nelder •What If We Never Run Out of Oil? •‘Peak Fossil Fuels’ Is Closer Than You Think: BNEF
Is the Typical NDIC Bakken Tight Oil Well a Sales Pitch?
In this post I present the results from dynamic simulations using the typical tight oil well for the Bakken as recently presented by the North Dakota Industrial Commission (NDIC), together with the “2011 average” well as defined from actual production data from around 240 wells that were reported to have started producing from June through December 2011.
The only true metric of energy abundance: The rate of flow
Okay, I’m going to give you the shortest course ever in energy abundance: Energy abundance depends entirely on the RATE of energy flow.