Saudi Arabia’s per capita oil consumption is higher than the U.S. and most developed countries Continue reading
Tag Archives: peak oil & gas
Saudi Arabia May Run Out of Oil to Export by 2030
Posted in Baseload Energy, Development, Nuclear power, Oil and gas
Tagged peak oil & gas
Saudi Arabia Could Become a Net Oil Importer by 2030
Saudi Arabia is the world’s largest exporter of crude oil, however if things do not change it could well become a net importer by 2030 according to a new study by Citigroup, the international financial conglomerate. Continue reading
Why Oil Prices are 10 Times More than in 1998
What were the prices of oil and gasoline in 1998? Do you remember? Without looking them up (or looking below this line), make your best guess. Continue reading
Coal Greens Love Buoyed by Shale Gas Hydraulic Fracking: Energy
The world’s most abundant fossil fuel could be tapped without moving mountains, delivered without trucks or trains and burned without greenhouse-gas emissions. Continue reading
Posted in Coal, Development, Fracking, Oil and gas
Tagged natural gas, peak oil & gas
David Strahan: We’re still on the slippery slope to peak oil
Technology and exploitation of unconventional sources can’t defer the long-predicted decline in global oil production Continue reading
Posted in Development, Fracking, Oil and gas
Tagged deepwater drilling, natural gas, offshore drilling, oilsands, peak oil & gas, peakers
Andrew Holland: Will the U.S. Run Out of Oil in 8 Years?
I want to post a quick rant on the uselessness of statistics about a country’s oil reserves. I was preparing this afternoon to write a blog post about the revolution in oil production in the US, caused by the adoption of new technologies of fracking and horizontal drilling in areas like the Bakken Shale and the Eagle Ford Shale. Continue reading
Peter C Glover: Whatever Happened to Peak Oil?
Why are peak oil-ers like Jehovah’s Witnesses? Answer: When the definitive JW prediction of the ‘Day of Wrath’ failed in 1914, they did what false prophets have done in every generation: shifted the goalposts (to 1975 in the case of JW’s – and wrong again). It’s what false prophets do to save face, enabling them to keep fleecing the inherently gullible. Peak-oilers do likewise. Continue reading
Posted in Development, Fracking, Oil and gas, Tar sands
Tagged deepwater drilling, natural gas, offshore drilling, oilsands, peak oil & gas, peakers, shale oil
How Changing from Fossil Fuels to Renewable Energy Might Affect GDP
We talk about the possibility of reducing fossil fuel use by 80% by 2050 and ramping up renewables at the same time, to help prevent climate change. If we did this, what would such a change mean for GDP, based on historical Energy and GDP relationships back to 1820? Continue reading
Posted in Clean energy, Coal, Economics, Oil and gas, Population
Tagged peak oil & gas
Andy Revkin: A Fresh Look at Oil’s Long Goodbye
My bedtime reading tonight is “Oil: The Next Revolution – The unprecedented upsurge of oil production capacity and what it means for the world.” This mind-bending report points to a prolonged period of rising oil production, particularly in the United States (for reasons laid out below), and a potential collapse in oil prices, with all kinds of implications for security, international politics, the economy and, without doubt, climate. Continue reading
Posted in Development, Fracking, Oil and gas, Tar sands
Tagged deepwater drilling, natural gas, offshore drilling, oilsands, peak oil & gas, shale oil
Dave Cohen: Should we Still be Concerned with Peak Oil?
With oil prices falling precipitously, this seems like a good time to reassess the widely anticipated phenomenon known as peak oil. How much of a threat is it as we look into the future? Continue reading
Posted in Development, Fracking, Oil and gas, Tar sands
Tagged deepwater drilling, natural gas, offshore drilling, oilsands, peak oil & gas, shale oil
Robert Bradley Jr.: ‘Peak Rock’: The ONION Goes Neo-Malthusian (Fixity/depletion curse expands)
“We are on a collision course to a world without rocks. Only take as many rocks as you absolutely need.”
- Dr. Victoria Merrill, author, No Stone Unturned: Methods For Modern Rock Conservation
“Think about it. When was the last time you even saw a boulder?” – Henry Kaiser (geologist and Onion expert) Continue reading
Posted in Development, Oil and gas, World resources
Tagged irrational fears, peak oil & gas
The World Is Running Out Of Energy Scares
Methane hydrates constitute the world’s No. 1 reservoir of fossil fuel. Ubiquitous along vast stretches of Earth’s continental shelves, they hold enough natural gas to fuel the world for a thousand years – and beyond. Continue reading
Posted in Development, Oil and gas
Tagged Methane Hydrates, natural gas, peak oil & gas
