Insight and inspiration in turbulent times.
Over the last eight years, the predictions of the "moderates" in the peak oil debate came closest. We certainly don’t live in the pre-2004 world any more. Oil prices are high, and there seems little prospect that they will ever fall below $100/barrel for any sustained period. Furthermore, the situation remains very vulnerable to disruption.
Following on my recent post bidding Farewell to The Oil Drum, I’d like to have a look at what I view as our longer term future for energy production and consumption.
At the end of the 20th century, Argentina started exporting gas to Chile, a mirage of the gas possibilities in this country. Both Argentina and Chile believed that the supply was going to be increasing forever.
The story of oil limits is one that crosses many disciplines. It is not an easy one to understand.
A weekly review including: Oil and the Global Economy, The Middle East & North Africa, China, Quote of the Week, The Briefs
It was as an inquisitive young man during the 1970s that John Michael Greer—now an accomplished author and an indispensable source of wisdom on things both worldly and otherworldly—began to question the world around him.
Steve Andrews interviews Martin Payne about the supposed death of peak oil…
•Wildcatting: A Stripper’s Guide to the Modern American Boomtown •Reports of the Death of Peak Oil Have Been Greatly Exaggerated •George Mitchell, a Pioneer in Hydraulic Fracturing, Dies at 94
Welcome to the first edition of Energy Crunch, the new newsletter from nef devoted to the crucial nexus between energy, the economy and the environment.
•Peak oil isn’t dead; it just smells that way •Peak oil lives, but will kill the economy •Technology vanquishes the peak-oilers, again
Detroit’s Motown legacy has put the spotlight on the vulnerability of the American car culture. Despite an oil shale boom and years of money printing US oil demand has hit a wall.
20 years after its oil peak this country is now embroiled in a serious energy crunch. Crude oil production will decline between 3 and 4 % pa while population may grow from 80 million to 100 million by 2030.
