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peak oil

Oil and Gas: A Flawed Prediction?

February 10, 2014 by David Hone
5

Flawed Prediction

One of the comments I quite often get at external events is that “The oil and gas industry has only got 20 years”. This doesn’t just come from enthusiastic climate campaigners, but from thoughtful, very well educated people in a number of disciplines related to the climate issue.[read more]

The Real Oil Extraction Limit, and How It Affects the Downslope

December 20, 2013 by Gail Tverberg
5

Extraction Limits

There is a lot of confusion about which limit we are reaching with respect to oil supply. There seems to be a huge amount of “reserves,” and oil production seems to be increasing right now, so people can’t imagine that there might be a near term problem.[read more]

Stumbling Blocks to Figuring Out the Real Oil Limits Story

August 15, 2013 by Gail Tverberg
6

Figuring Out Oil Limits

The story of oil limits is one that crosses many disciplines. It is not an easy one to understand. Most of those who are writing about peak oil come from hard sciences. In this article are several stumbling blocks to figuring out the full story that I have encountered.[read more]

Reaching Energy Limits in a Finite World

May 7, 2013 by Gail Tverberg
41

Our financial system has been built assuming that economic growth will continue indefinitely. There is significant risk that the recessionary influences of high oil costs will bring down the current economy.[read more]

Reaching Oil Limits: New Paradigms are Needed

May 1, 2013 by Gail Tverberg
1

I have written in recent posts that oil limits are more complex than what many have imagined. They aren’t just a lack of a liquid fuel. Debt limits are also closely tied to oil supply limits.[read more]

Low Oil Prices Lead to Economic Peak Oil

April 22, 2013 by Gail Tverberg
7

world crude oil prices

We have all heard the story about oil supply supposedly rising and falling for geological reasons. But what if the story is a little different from this–oil production rises and falls for economic reasons?[read more]

Peak Oil Demand is Already a Huge Problem

April 13, 2013 by Gail Tverberg
13

Inadequate world oil supply isn’t exactly the problem. We in the United States, the Euro-zone, and Japan are already past peak oil demand. Oil demand has to do with how much oil we can afford.[read more]

Climate Change and the Peak Oil Flip-Flop

April 12, 2013 by Bill Chameides
48

The fact that oil demand may be flattening out is a positive sign for the climate; at least the near-term pressure to pull all the oil out of the ground as fast as possible has lessened.[read more]

How Resource Limits Lead to Financial Collapse

April 1, 2013 by Gail Tverberg
6

Many from the “peak oil” community say we should worry about a decline in world oil supply. In my view, the danger is quite different: The real danger is financial collapse, coming much earlier.[read more]

Shale Gas and Tight Oil: Boom? Bust? Petering Out?

March 1, 2013 by Bill Chameides
14

Governments and industry must recognize that shale gas and oil are not cheap or inex­haustible: 70% of US shale gas comes from fields that are either flat or in decline.[read more]

Could Oil's Surge Sink Renewable Energy?

July 2, 2012 by Geoffrey Styles
11

A new forecast of global oil production from Harvard's Kennedy School of Government indicates that oil production could expand by about 20% by 2020 from current levels. And that could be bad news for renewables.[read more]

Iran and (Temporarily) Lower Gasoline Prices

May 25, 2012 by Amy Myers Jaffe
1

As the summer driving season approaches, drivers can take to heart –albeit temporarily – that gasoline prices are slightly lower than they were at this time last year. The reprieve comes against the backdrop of falling crude oil prices in anticipation of progress to be made in talks between the US, Europe and Iran regarding Iran’s nuclear program.[read more]

Limits We are Reaching – Oil, Debt, and Others

May 24, 2012 by Gail Tverberg

The world is clearly reaching many limits. From peak oil to debt crises, limits seem to be dominating the headlines. What other limits are the human and natural systems reaching now?[read more]

exclusive

'A Substantial Failure' Of Energy Education

March 23, 2012 by Jesse Parent
2

It is a curious thing when a mindset develops. Thoughts, data interpretation, reactions, and behaviors become solidified into expectations about what is normal and what is to come as that sense of normal changes. It's an important process of human development, and it is a particularly interesting thing to look at on a national scale --...[read more]

US To Be A Net Exporter of Petroleum Products- Is This A Good Thing?

December 7, 2011 by Geoffrey Styles

US petroleum product exports have been in the news, along with the welcome discovery that we are apparently on track to become a net exporter of these fuels this year, for the first time since the 1940s. This is a far cry from energy independence, as various oil skeptics have been quick to point out, but it's still a noteworthy...[read more]