Insight and inspiration in turbulent times.
•Methane leaks erode green credentials of natural gas •Fracker Ad Clashes on Screen With Damon’s ‘Promised Land’ •When fracking came to suburban Texas Meet •Anthony Ingraffea—From Industry Insider to Implacable Fracking Opponent
We are in the midst of an amazing energy boom, but by sweeping the idea of peak oil under the rug we are ignoring a significant fact: the relationship between hydrocarbon reserves and flow rates are not the same as they used to be—reserves have increased but flow rates are not as high or sustainable.
A recent spate of official reports from energy agencies are predicting a rosy future of economic growth underpinned by cheap oil abundance. However, as Nafeez Mosaddeq Ahmed shows, scientific evidence largely ignored by mainstream media confirms that while we have enough oil and gas to burn our way to climate catastrophe, the age of cheap oil abundance is a myth.
Welcome to the last ODAC Newsletter, the final news roundup from the Oil Depletion Analysis Centre…2012 saw US oil production grow to its highest level in 15 years, largely because of surging tight oil production by fracking, and many pundits such as Ed Morse of Citi are claiming “peak oil is dead”. So has ODAC been worrying its silly little head entirely unnecessarily for the last five years, and could all our energy troubles soon be over? We continue to think not…
We are in the midst of an amazing energy boom, but by sweeping the idea of peak oil under the rug we are ignoring a significant fact: the relationship between hydrocarbon reserves and flow rates are not the same as they used to be—reserves have increased but flow rates are not as high or sustainable.
I attended the American Geophysical Union meeting in San Francisco two weeks ago at which I heard a very interesting presentation by David Hughes of the Post Carbon Institute. He is more pessimistic about future production potential from U.S. shale gas and tight oil formations than some other analysts. Here I report some of the data on tight oil production that led to his conclusion.
The announcement on Thursday that the government is lifting its moratorium on fracking held all the surprise of turkey on the Christmas menu. The decision, which allows the resumption of test drilling by Cuadrilla in Lancashire and opens the way to fracking across the UK, was inevitable following the government’s gas generation U-turn last week…
•Drilling spills reaching Colorado groundwater; state mulls test rules •Shale Shocked: Studies Tie Rise Of Significant Earthquakes In U.S. Midcontinent To Wastewater Injection •Ignore the doom merchants, Britain should get fracking •Shale gas is not a game changer •The fracking dream which is putting Britain’s future at risk
Check out this campaign by Loudsauce.com. They’ve selected PCI’s latest video as a candidate for broad media exposure.
If last week’s energy bill announcement was about building the low carbon power system of the future, this week’s gas strategy and autumn statement felt like a blast from the past.
•Methane leaks suggest fracking benefits exaggerated •Gas Industry Attacks Scientists After Research Finds Triple The Normal Levels Of Methane At Australian Gas Fields •Shale gas needs regulation, not a ban -European Parliament •A Contrarian on Shale Gas •US Shale Gas Won’t Last Ten Years: Bill Powers •Gas is abundant, affordable and acceptable. It’s also the future, argues Shell chief Peter Voser
Global Challenge: Recently, new data on available oil reserves, new deep-water deposits, oil sands and especially "shale gas" has given rise to concerns about what these resources means from a climate perspective. The seminar "Peak Oil Postponed?" Aims to analyze the importance of these tasks.
