Depletion: The one word oil optimists refuse to utter
With the media awash in stories telling us how much oil is being discovered around the world, there is one word which the optimists quoted in these stories refuse to utter: Depletion.
With the media awash in stories telling us how much oil is being discovered around the world, there is one word which the optimists quoted in these stories refuse to utter: Depletion.
Before city dwellers complained about cars, smog, congestion and the loss of public space, they railed against stinking, fly-ridden horse crap.
In fact, the rise and fall of the horse makes very clear the difficult and troubling character of energy transitions.
It is a slick piece of public relations to convince people to disregard what is right in front of them and believe the opposite. And yet, that is what the oil industry has achieved with an oh-so obviously coordinated campaign.
•Critical Part of Keystone Report Done by Firms with Deep Oil Industry Ties •The spreading slick of blame for the BP Deepwater Horizon oil spill •Statoil may abandon US Arctic drilling leases •Peak Oil, The Shale Boom and our Energy Future: Interview with Dave Summers
•Total production by the five "major" oil producers has fallen by a quarter since 2004 •Ten Reasons to Take Peak Oil Seriously •’Peak oil’ doomsayers proved wrong •Is shale oil losing its lustre? •Doomsday warning on fuel stock •A hard tap to turn
In-depth interview with Nobel Laureate Robert B. Laughlin on his book "Powering the Future: How We Will Eventually Solve the Energy Crisis and Fuel the Civilization of Tomorrow." Dr. Rose M. Cory’s new science on positive feedback loop discovered in the melting Arctic.
A weekly review including: 1. Oil and the Global Economy, 2. The Middle East, 3. Climate Change, 4. Europe, 5. Quote of the Week
6. The Briefs
The real challenges—and costs—of 21st century fossil fuel production suggest that such vastly increased supplies will not be easily achieved or even possible. The geological and environmental realities of trying to fulfill these exuberant proclamations deserve a closer look.This report provides an in-depth evaluation of the various unconventional energy resources behind the recent "energy independence" rhetoric, particularly shale gas, tight oil.
•Keystone XL pipeline takes centre stage at Washington protest •Some Environmental Issues Surrounding Keystone XL •Ten Reasons to Take Peak Oil Seriously •Arctic needs protection from resource rush as ice melts, says UN •Shale oil fails to dent Middle East shipments
•Reports: Shale Gas Bubble Looms, Aided by Wall Street •Geologist’s provocative study challenges popular assumptions about ‘fracking’ •China slow to tap shale-gas bonanza •Fracking is the only way to achieve Obama climate change goals, says senior scientist •Marcellus Shale Fracking Study To Research Natural Gas Drilling Health Effects
A weekly review including : 1. Oil and the Global Economy., 2. The Middle East, 3. US Gasoline Prices, 4. Conflicting Forecasts for 2013, 5. Quote of the Week, 6. The Briefs
•Dude, where’s my cheap gas? •How do you measure China’s oil demand? IEA goes from “error to error” •Twilight of an energy boom: Alberta’s new fiscal challenge •OPEC Boosts Estimated Demand for Its Own Crude Oil •Setback for Shell’s Arctic oil ambitions as rigs require repair in Asia