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peak oil

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

December 7, 2011 by Geoffrey Styles
with 443 views
0

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]

Big Numbers: North America's Fossil Inventory

December 6, 2011 by Mark Green
with 666 views
7

Some eye-opening energy numbers from the Institute for Energy Research's new North American Energy Inventory:Together, the U.S., Canada and Mexico have nearly 1.8 trillion barrels of undiscovered, technically recoverable oil - oil likely to exist based on geologic characteristics that can be extracted with current technologies.North... [read more]

5 Misconceptions About Peak Oil

November 7, 2011 by Robert Rapier
with 612 views
0

I have just returned from the annual ASPO conference in Washington, D.C. This was only my 2nd ASPO conference; the first one I attended was in 2008 in Sacramento. There were many familiar faces; some of whom I had previously met and some I only knew by reputation. The mood seemed remarkably calmer than in 2008. That year, oil prices were... [read more]

Don’t Peak: On Ill-Considered Peak Oil Debates

September 27, 2011 by Michael Giberson
with 1,325 views
9

Daniel Yergin’s peak oil commentary in last Saturday’s Wall Street Journal has set the econoblogosphere to chattering, or at least those of us in the energy corner. In addition to the clash of the titans, i.e. James Hamilton’s “More thoughts on peak oil” rejoinder to Yergin, the mere mortals are going at it, too. Michael Levi did a quick... [read more]

What Is Your Energy Philosophy?

August 31, 2011 by Barry Brook
with 384 views
3

People seem to like to infer motives. (Perhaps it’s an inherent evolutionary trait, allowing anticipation of your prey’s or predator’s next move?) I find that a lot of people get me wrong about my position on energy and sustainability — often deliberately so, I suspect. So here’s a post to clarify my position, and allow you to let others... [read more]

Goldman Sachs: Saudi Arabia Will Fail To Meet Oil Demand By 2012

July 13, 2011 by Ee Mien Low
with 2,888 views
0

Over time, it is increasingly getting obvious that Saudi Arabia is going through the process of peak oil production and eventual decline. And as peak oil author Matt Simmons had said, "as Saudia Arabia goes, so goes the world". The first alarm bells started ringing as early as 2005 when it was first discovered that apparently the Saudi's could be having problems keeping up production of light sweet crude oil which is the more desired grade of oil. [read more]

Small Businesses Can Profit From Standard Mileage Rate

July 4, 2011 by Craig Severance
with 1,168 views
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Who wouldn't like to get a tax break for expenses you don't even have to pay? Drivers of fuel efficient vehicles can use "Everyone's Oil Depletion Allowance" and claim a higher rate than it costs for them to drive their cars. As of July 1st, 2011, 55.5 cents per mile spells tax-free profits for going green. [read more]

Strategic Petroleum Reserve Release Catches Market Napping

June 24, 2011 by Geoffrey Styles
with 387 views
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I see that the administration has decided to release 30 million barrels of oil from the US Strategic Petroleum Reserve, in coordination with a matched release from the strategic stocks of other OECD member countries of the International Energy Agency (IEA.) The release will be spaced over the next month, though it's not clear how soon it... [read more]

VIDEO: Peak Oil Made Easy (To Understand, That Is)

May 25, 2011 by Lou Grinzo
with 1,023 views
3

Ah yes, peak oil, and the chore of communicating an urgent but horribly inconvenient truth to consumers and voters who most decidedly do not want to hear it or anything even remotely like it. Sound like any other topic that I have been known to write about until my fingers bleed? Anyway, check out the video below. In a little over 12... [read more]

Countdown to 7,000,000,000

May 4, 2011 by Lou Grinzo
with 702 views
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The latest UN population projection is out, and people are preparing to flip that leading digit as we hit 7,000,000,000 people on October 31, 2011. From the press release [PDF]: The current world population of close to 7 billion is projected to reach 10.1 billion in the next ninety years, reaching 9.3 billion by the middle of this... [read more]

The Future Of Oil In Mexico

April 29, 2011 by Amy Myers Jaffe
with 299 views
0

Mexico, one of the largest oil exporters to the United States, could become a net oil importer in the next decade if it fails to make sufficient upstream oil field investments utilizing new and advanced technologies, according to a new Baker Institute-Oxford University study being released today in Mexico City. The study event “The... [read more]

The Stupidity Feedback Loop

April 6, 2011 by Lou Grinzo
with 54 views
0

From the very first days of this site, eight years ago, I’ve been focused on the goal of “educating and activating the mainstream public”. My effort was initially concerned almost entirely with peak oil, as I came into this room via the “energy” door, not the “environment” door, but I’ve long ago learned enough to conclude that while... [read more]

Unpredictable Oil Prices are Hurting Everyone

February 22, 2011 by Chris de Morsella
with 1,663 views
2

This post examines the recent swings in the spot price for crude oil — especially in light of the currently rapid rising spot prices. Noting that the current run up of prices looks a lot like period leading up to the sudden price spike that occurred in the summer of 2008. It goes on to argues that the global economy needs a better... [read more]

Lessons in Energy Efficiency from 5 American Presidents.

February 21, 2011 by Peter Troast
with 527 views
0

We're at a crucial point in our nation's energy history. Peak oil may be imminent. Energy costs are volatile. President Obama has demonstrated that he understands the tremendous role our buildings play in the larger energy picture (70% of the electricity used in the United States is consumed by buildings). Yet, on this President's Day,... [read more]

Graph of the Day: The Cost of Production Of Oil

February 18, 2011 by Big Gav
with 1,037 views
0

TreeHugger points to a TOD post looking at the cost of production for oil from various sources - Does Peak Oil Even Matter?. The summary - "Peak Oilers have always pointed out that we will never run out of oil, it will just get a lot more expensive. And when it does, it will crush the economy" - might well be the view of a lot of peak... [read more]