peak energy in the news:
Zachary Moitoza, Eugene Renewable Energy Examiner
A flurry of new mainstream media articles telling people not to worry about Peak Oil and hydrocarbon depletion have begun appearing on financial sites like Bloomberg, Forbes or The Wall Street Journal. I though it would be worthwhile to analyze some of their arguments. At least some media outlets are willing to even discuss peak oil at all—most remain completely silent.
archived February 9, 2012
Rolf E. Westgard, Oil and Gas Journal
The Obama administration's renewable energy stool, with its three legs of biofuels, solar, and wind, has now tipped over, as all three legs start to crumble. The final push came from the recent closing of Range Fuel Corp.'s cellulosic ethanol plant in Soperton, Ga.
archived February 9, 2012
Stuart Staniford, Early Warning
Last week, I had an audit of our house's energy use done and I wanted to share a few impressions of the process. Partly I hope to inspire a few readers to do the same, and partly I figure some of my readers know a lot more about this than me and can answer some of my questions. The audit was performed by Jon Harrod of Snug Planet, a local energy efficiency firm here in the Ithaca area of upstate New York.
archived February 9, 2012
Ugo Bardi, Cassandra's Legacy
With the publication of a prominent article on "Nature" in January 2012, the concept of "Peak Oil" has made another step forward in the debate on resource depletion. This article has made me rethink of the past ten years of work that I did as a member of ASPO, the association for the study of peak oil. Were we right with our prediction of impending peak oil? In a sense, yes, but the crystal ball is always foggy and it cannot be otherwise. The ASPO predictions were basically right but, as all predictions, they were approximate.
archived February 9, 2012
Tom Whipple, ASPO-USA
A midweekly roundup of peak oil news, including:
-Developments this week
archived February 9, 2012
John Michael Greer, The Archdruid Report
Some nineteen months ago, this blog launched what I thought would be a relatively straightforward survey of the role of myth, narrative and the nonrational in shaping the peak oil debate. After a flurry of unexpected detours into Seventies appropriate tech, the end of the Space Age, and the theory of magic, just for starters, that survey has finally reached as much closure as it's going to find. A glance back over the terrain just surveyed is in order, and a few loose ends need to be tied up, before proceeding to the next major theme I want to examine -- the twilight of America's empire and the implications of that massive geopolitical fact for the world.
archived February 9, 2012
Arthur E. Berman, The Oil Drum
On January 23, 2012, Chesapeake Energy announced that it would curtail drilling in shale gas plays in the United States. Subsequently, other operators have followed suit. While the outcome of this announcement is unclear, it is a signal that the industry is in distress. One can argue that this distress stems from a lack of discipline as market price began to decline.
archived February 8, 2012
Tom Murphy, Do the Math
Breathe, Neo. I’ve been running a marathon lately to cover all the major players that may provide viable alternatives to fossil fuels this century. Even though I have not exhausted all possibilities, or covered each topic exhaustively, I am exhausted. So in this post, I will provide a recap of all the schemes discussed thus far, in matrix form. Then Do the Math will shift its focus to more of the “what next” part of the message.
archived February 8, 2012
Lindsay Curren, Transition Voice
Va. Governor Bob. McDonnell is on a GOP VP short list and recently threw his endorsement to candidate Mitt "corporations are people, my friend" Romney. But in an era of energy decline it's worth learning how heavily Big Coal funds McDonnell, who calls himself a "friend of coal," and how uncommitted he is to clean energy.
archived February 7, 2012
Rebecca Willis, OpenDemocracy
So familiar has the social economy of energy become in modern societies, so routine its extraordinardinary wastefulness, so toxic its effects, that the capacity for a better way can be missed. By questioning the how, why and what of energy use, new possibilities - of living, travelling, eating, working and buying - can open.
archived February 7, 2012
Bill McKibben, TomDispatch
If we could see the world with a particularly illuminating set of spectacles, one of its most prominent features at the moment would be a giant carbon bubble, whose bursting someday will make the housing bubble of 2007 look like a lark. As yet -- as we shall see -- it's unfortunately largely invisible to us.
archived February 7, 2012
Andrew Nikiforuk, The Tyee
In a detailed analysis submitted to the National Energy Board, Robyn Allan, the former president and CEO of the Insurance Corporation of British Columbia, concludes that "Northern Gateway is neither needed nor is in the public interest." Moreover the project, if built, would raise the price of every oil barrel by $2 to $3 dollars in Canada over the next 30 years, and thereby create an inflationary price shock that would have "a negative and prolonged impact... by reducing output, employment, labour income and government revenues."
archived February 7, 2012
Staff, Energy Bulletin
- Peak Oil Scare Fades as Shale, Deepwater Wells Gush Crude
- Oil, Food, Water: Is Everything Past Its Peak?
- Fulsome Fossil Fuels And The 'Peak Oil' Myth
- Peak Oil--No Longer the Right Question
(Note: several of these articles actually concede most of the points made by peak oilers.)
archived February 7, 2012
Staff, Energy Bulletin
- Kunstler interviews Arthur E. Berman, Petroleum Geologist: Magical Thinking and Fracking (audio)
- Coal Lobby Warns Wind Farms May Blow Earth Off Orbit (video from The Onion)
- Energy.gov: Where information goes to die
archived February 7, 2012
Staff, Energy Bulletin
- Oil prices will rise as supplies tighten? Hardly. (NEW)
- Energy policy and the Madness of Crowds (NEW)
- Debate rages on when oil will peak
- Too Much Energy Used to Mine, Move Bitumen Says BC Firm
- Saudi Oil Minister Calls Global Warming “Humanity’s Most Pressing Concern”
archived February 6, 2012
Gail Tverberg, ASPO-USA
On January 26, Bloomberg Businessweek printed an editorial by Charles Kenny titled, "Everything You Know About Peak Oil Is Wrong". This editorial reflects several common misunderstandings.
archived February 6, 2012
Jonathan Callahan, The Oil Drum
The current boom in drilling for ‘unconventional’ gas has helped raise US production to levels not seen since the early 1970′s. This has been an incredible boon to consumers and has kept spot prices contained below $5 per million BTU for the past year, recently dropping below $3/mmbtu. Unfortunately, this price is below the cost of production for many of these new wells. When the flood of investment currently pouring into natural gas drilling operations dries up, the inevitable bust will be as scary as the boom was exciting.
archived February 6, 2012
Tom Whipple, ASPO-USA
A weekly roundup of peak oil news, including:
-Oil and the global economy
-The Iranian confrontation
-Gasoline
-In the Congress
-Quote of the week
-Briefs
archived February 6, 2012
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