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peak oil

Making Sense of the US Oil Story

August 8, 2014 by Gail Tverberg
20

Oil and US History

We frequently see stories telling us how well the United States is doing at oil extraction. The fact that there are stories in the press about the United States wanting to export crude oil adds to the hype. How many of these stories are actually true?[read more]

World Oil Production at 3/31/2014: Where are We Headed?

July 25, 2014 by Gail Tverberg
8

Oil Production and Energy Future

The standard way to make forecasts of almost anything is to look at recent trends and assume that this trend will continue, at least for the next several years. With world oil production, the trend in oil production looks fairly benign, with the trend slightly upward. However, we may be dealing with an unstable situation.[read more]

Debt: Eight Reasons This Time is Different

July 11, 2014 by Gail Tverberg
1

Debt and Future Risk

Many seem to believe that if we worked our way out of debt problems in the past, we can do the same thing again. The same assets may have new owners, but everything will work together in the long run. Businesses will continue operating, and people will continue to have jobs.[read more]

The Best Way to Profit from Peak Oil: Interview with Angelos Damaskos

May 6, 2014 by Jim Patrick

Angelos Damaskos is the founder and CEO of Sector Investment Managers Ltd. of London, a regulated investment advisory company. He is the Principal Advisor of the Junior Oils Trust and the Junior Gold Fund. The Junior Oils Trust focuses its investments in smaller companies.[read more]

Eight Energy Myths Explained

April 28, 2014 by Gail Tverberg
76

Energy Myths

Republicans, Democrats, and environmentalists all have favorite energy myths. Even Peak Oil believers have favorite energy myths. The following are a few common misbeliefs, coming from a variety of energy perspectives. I will start with a recent myth, and then discuss some longer-standing ones.[read more]

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]