Utica And Marcellus Natural Gas Production Defying The Skeptics

The Utica and Marcellus shale natural gas plays based respectively in Ohio and Pennsylvania have provided 85-90% of U.S. shale gas production growth since start of 2012. Their ongoing drilling efficiency is a key driver. In fact, increases in shale drilling efficiency have contributed to the breakdown of traditional methods that use rig counts to estimate oil and natural gas […]

Michael Lynch: Shale Oil Didn’t Kill Off Peak Oil

A number of recent articles have noted that “peak oil” seems to have fallen off the radar of most media and the public, and suggested that the rise of shale oil in the U.S. bears a large amount of the credit.  Peak oilers respond that shale oil is unconventional and hard to produce, plus “the […]

No, Giant Farms Are Not Feeding the World. They’re Feeding Canada.

If you’ve followed debates around US agriculture over the past decade, you’ve surely heard it: Our industrial-scale farms may pollute and overuse water, foul air, destroy soil, harm local economies, and abuse workers, but that’s just the cost of providing a crucial humanitarian service: feeding the world. The GMO seed/pesticide giants Monsanto and DuPont make […]

Eagle Ford Output Estimate and Future Scenario

Eagle Ford output is difficult to estimate as there are 20-25 separate fields that need to be followed to get a full picture. To save time, I have used Enno Peters’ data for horizontal wells from Districts 1 to 5 in Texas from his website shaleprofile.com, he has data through June.  Enno’s data is combined […]

One Man’s Take on “How to Survive the Future”

I’m delighted to be able to share the Foreword I wrote for David Fleming’s book ‘Surviving the Future’, which was selected and edited by the wonderful Shaun Chamberlin.  Released as a pair with Fleming’s seminal ‘Lean Logic: a dictionary for the future and how to survive it‘, it captures the unique thinking of this extraordinary […]

Trump Meets With Energy CEOs

Republican isn’t pressed on fracking comments before media His July comments disappointed some in the energy industry Energy executives in Denver on Tuesday warned Donald Trump, who has said he supports letting local residents vote on fracking bans, that state regulations are thwarting oil and gas development. The Republican presidential nominee’s meeting could be designed […]

E is for EROEI

Understanding EROEI – or Energy Return On Energy Invested – should be on every school curriculum, but isn’t. Simply put, it’s the amount of energy we as a species can play with. Back in the days when you could poke a hole in the ground and oil would gush out of it skywards, getting hold […]

The Golden Age of Gas – When Will It Come?

According to one of its authors, a new book entitled The Future of Natural Gas: Markets and Geopolitics published by EconPapers attempts to explain the International Energy Agency’s implied contention – posed as a question as the title of a book five years ago, whether gas was entering a golden age – bearing in mind the […]

Kunstler: Sizing Up the Endgame

All Hillary had to do last week was show up and stand at a podium for ninety minutes without swooning while Donald Trump barked and grunted his way through the half-assed press conference we like to call a “debate.” It was all I could do to keep watching the nauseating spectacle. It made you want […]

Corporate America’s Huge Appetite for Clean Energy

An increasing number of corporations are directly buying (or building) their own clean electricity. For decades most Fortune 1000 companies did little more than try to manage costs as they bought electricity and fuel from the existing marketplace. This model of simply relying on the existing marketplace to meet energy needs has, however, suddenly become […]

Will growing Costs of new Oil Supplies knock against declining Consumers’ Affordability?

In this post I present developments in world crude oil (including condensates) supplies since January 2007 and per June 2016. Further a closer look at petroleum demand (consumption and stock changes) developments in the Organization for Economic Cooperation and Development (OECD) for the same period and what this implies about demand developments in non OECD. […]

Oil in the Arctic

What are the potential risks of oil drilling in the Arctic and how prepared is the world to handle a catastrophic spill? For years, the Arctic has been a frontline in the battle over the future of energy and climate change. Temperatures in the Arctic are rising twice as fast as the rest of the […]

Fukushima Radiation Has Contaminated The Entire Pacific Ocean (And It’s Going To Get Worse)

The nuclear disaster has contaminated the world’s largest ocean in only five years and it’s still leaking 300 tons of radioactive waste every day. Credit – NOAA What was the most dangerous nuclear disaster in world history? Most people would say the Chernobyl nuclear disaster in Ukraine, but they’d be wrong. In 2011, an earthquake, […]

OPEC and the stagnant price of oil

The 15th International Energy Forum, held in Algiers earlier this week, saw OPEC members decide to cut production by about 800,000 barrels per day. The cut will not be consistent across all member states but is significant nonetheless, being the first in eight years.The move is meant to stabilise global oil prices. “Today OPEC has […]

The Mysterious Case of Big Oil’s Disappearing Barrels

If you ever find yourself at a cocktail party with a bunch of oil executives, one phrase is a guaranteed mood-killer: “reserve replacement.” Not merely awkward to say, it is the industry’s bogeyman. Because in a business chiefly concerned with getting stuff out of the ground, you need to replace that stuff pretty consistently unless […]

China’s Secret Oil Stockpiles Exposed In New Satellite Images

Winter energy prices are likely to rise, but not because of this week’s decision by OPEC. Instead, energy traders say, look to China. Earlier this week, OPEC—14 nations representing just under half of the world’s oil production—reached a gentlemen’s agreement of sorts to trim crude oil production by 700,000 barrels a day from more than […]

Bees Declared Endangered in the U.S.

Seven species of Hawaiian yellow-faced bee, decimated by invasive species and habitat loss, are now federally protected. A male yellow-faced bee (Hylaeus anthracinus) lands on a flower of a plant called the naupaka, which plays a central role in Hawaiian mythology.   As the legend goes, when star-crossed lovers Naupaka and Kaui knew they’d be […]

Oh Oil, where is thy peak?

There are two great myths used in recent years to convince the world of imminent catastophe unless we drastically change our living style in the direction of austerity. Both myths are based on scientific fraud and uncritical propagation by sympatheic mainstream and even some alternative media. One is the idea that world climate is warming, […]

OPEC Production Cut: Saudi Arabia’s Big Gamble

OPEC came to its first agreement in eight years to reduce production, sending oil prices 5.3 percent higher on Wednesday. Bloomberg’s Javier Blas examines what the agreement means for Saudi Arabia and looks forward to the next OPEC meeting in November. He speaks on “Bloomberg Surveillance.

We used to worry about ‘peak oil’. Then the technological revolution happened

When you hear the words high tech, you probably imagine a smartphone, a driverless car, maybe even a spaceship. Having been in the oil and natural gas business for 36 years, I picture 3D seismic imaging that enables scientists to see miles below the seabed floor; the world’s biggest carbon sequestration project; and precision drilling […]

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