The Peak Oil Crisis: A $4 Trillion Hole
If prices stay low for the next three years, the global oil industry and the countries it finances will be out $4.4 trillion in revenues.
peak oil
Low-Tech Living as a “Demand-Side” Response to Climate Change and Peak Oil
Energy is often called the ‘lifeblood’ of civilisation, yet the overconsumption of fossil energy lies at the heart of two of the greatest challenges facing humanity today: climate change and peak oil.
Neither Crowdfunding, Nor Oxi, Nor Anything Else Can Stave Off Greece’s Systemic Collapse
A recent crowdfunding campaign to bail out Greece does little more than obfuscate the role that energy shortages play in Greece’s systemic collapse.
Asia depends on Middle East for 66 % of its oil imports
Of Asia’s total incremental oil imports since 2001, 4.5 mb/d (47%) have come from production growth, 3.9 mb/d (41%) from taking away imports of other countries (US, Europe, Africa and others) and 1.2 mb/d (12%) from direct consumption decline (US, Europe and others).
Inspiration for the Burned-out Localizer
What’s new about Afterburn is that it offers two things that Transitioners or anyone else who forecasts a more local future needs today: inspiration and advice for the future…
Cuba: Figuring Out Pieces of the Puzzle
Cuba is an unusual country that has been followed by many peak oilers. I recently visited there. I also followed my usual practice of looking up data from Internet sources about what is happening. I summarize my findings in this article.
Peak Oil in an Era of Fossil Fuel Abundance
Chris Nelder on why peak oil isn’t dead.
Peak Oil: A Graphic Story
The story of peak oil presented as a graphic novel.
Peak Oil Review – May 11
The possibility that 2015, give or take a year, will see the all-time peak in global oil production is coming in for increased discussion as some prominent analysts make a “peak year” call.
Why We Have an Oversupply of Almost Everything (Oil, labor, capital, etc.)
Glut of Capital and Labor Challenge Policy Makers: Global oversupply extends beyond commodities, elevating deflation risk. To me, this is a very serious issue, quite likely signaling that we are reaching what has been called Limits to Growth…
Why the World’s Appetite for Oil Will Peak Soon (excerpts)
The conventional wisdom about steadily rising demand is wrong. Within two decades, global oil use will start to fall, according to sustainability professor at University of California.
‘Beyond Petroleum’ – Fracking’s Collapse Heralds the Arrival of Peak Oil
The Age of Oil is winding down – it has been doing so since 2005.