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Days are numbered for plentiful oil supply
M. King Hubbert told me often in the 1970s that his analyses, done without regard to domestic or world politics, would not do anything to prevent the resource base from disappearing. Had he lived to see the new technologies, he would have predicted that we would just start down the slope of his pimple faster.
Days are numbered for plentiful oil supply
M. King Hubbert told me often in the 1970s that his analyses, done without regard to domestic or world politics, would not do anything to prevent the resource base from disappearing. Had he lived to see the new technologies, he would have predicted that we would just start down the slope of his pimple faster.
Days are numbered for plentiful oil supply
M. King Hubbert told me often in the 1970s that his analyses, done without regard to domestic or world politics, would not do anything to prevent the resource base from disappearing. Had he lived to see the new technologies, he would have predicted that we would just start down the slope of his pimple faster.
Electric vehicles are the answer?
Producing the hydrogen equivalent in energy to the oil now used in U.S. transport would require 10 trillion kilowatt hours of electric energy; we would have to triple our electric generation capacity.
A more practical approach would be the electrification of transport. Switching half the truck and personal auto miles to electrified transport would require an increase in electric generation capacity of only 10 percent. Electrified transport is clean, non-polluting and energy-efficient.
After the Oil Runs Out
It now appears that world oil production, about 80 million barrels a day, will soon peak. In fact, conventional oil production has already peaked and is declining. For every 10 barrels of conventional oil consumed, only four new barrels are discovered. Without the unconventional oil from tar sands, liquefied natural gas and other deposits, world production would have peaked several years ago.
After the Oil Runs Out
It now appears that world oil production, about 80 million barrels a day, will soon peak. In fact, conventional oil production has already peaked and is declining. For every 10 barrels of conventional oil consumed, only four new barrels are discovered. Without the unconventional oil from tar sands, liquefied natural gas and other deposits, world production would have peaked several years ago.
After the Oil Runs Out
It now appears that world oil production, about 80 million barrels a day, will soon peak. In fact, conventional oil production has already peaked and is declining. For every 10 barrels of conventional oil consumed, only four new barrels are discovered. Without the unconventional oil from tar sands, liquefied natural gas and other deposits, world production would have peaked several years ago.
Skids are Greased for Oil Crisis
When geologists speak of Hubbert’s Peak, they’re not talking mountaintops or hairdos. They’re referring to a time – maybe not so far off – when the world will run out of fertile new oilfields and new ways to recover oil, and petroleum supplies will begin an inevitable and maybe very fast slide.
Skids are Greased for Oil Crisis
When geologists speak of Hubbert’s Peak, they’re not talking mountaintops or hairdos. They’re referring to a time – maybe not so far off – when the world will run out of fertile new oilfields and new ways to recover oil, and petroleum supplies will begin an inevitable and maybe very fast slide.
Skids are Greased for Oil Crisis
When geologists speak of Hubbert’s Peak, they’re not talking mountaintops or hairdos. They’re referring to a time – maybe not so far off – when the world will run out of fertile new oilfields and new ways to recover oil, and petroleum supplies will begin an inevitable and maybe very fast slide.
Oil Fields: Cold Storage for Greenhouse Gases?
July 9, 2004
Oil Fields: Cold Storage for Greenhouse Gases?
July 9, 2004
Oil Fields: Cold Storage for Greenhouse Gases?
July 9, 2004
Good times roll for coal producers
The good times are expected to keep rolling for coal producers until at least mid-2006, according to a new report.
ABN AMRO Morgans on Thursday upgraded its coal price assumptions for the 2005/06 financial year and beyond, lifting the peak in coking coal prices by 16 per cent and thermal coal by 19 per cent.
Review: The Truth about Oil and the Looming World Energy Crisis. C. J. Campbell
I have just finished reading a remarkable little publication on the subject of the immanent peak in oil production and the ensuing energy crisis.
Read my review here
Review: The Truth about Oil and the Looming World Energy Crisis. C. J. Campbell
I have just finished reading a remarkable little publication on the subject of the immanent peak in oil production and the ensuing energy crisis.
Read my review here
Review: The Truth about Oil and the Looming World Energy Crisis. C. J. Campbell
I have just finished reading a remarkable little publication on the subject of the immanent peak in oil production and the ensuing energy crisis.
Read my review here
Deep Water Covers 180B Bbls Undiscovered Oil, Gas – Study
LONDON (Dow Jones)–Deep water covers 180 billion barrels of the world’s undiscovered oil and natural gas reserves, more than twice the amount yet found, Scottish energy consultants Wood Mackenzie said Wednesday.
Around two-thirds of oil and gas discoveries come from deep water now, as exploration successes on shore and in shallow waters become rarer, Wood Mackenzie said in a statement, citing a study it and fellow energy consultants Fugro Robertson conducted.
Deep Water Covers 180B Bbls Undiscovered Oil, Gas – Study
LONDON (Dow Jones)–Deep water covers 180 billion barrels of the world’s undiscovered oil and natural gas reserves, more than twice the amount yet found, Scottish energy consultants Wood Mackenzie said Wednesday.
Around two-thirds of oil and gas discoveries come from deep water now, as exploration successes on shore and in shallow waters become rarer, Wood Mackenzie said in a statement, citing a study it and fellow energy consultants Fugro Robertson conducted.
Deep Water Covers 180B Bbls Undiscovered Oil, Gas – Study
LONDON (Dow Jones)–Deep water covers 180 billion barrels of the world’s undiscovered oil and natural gas reserves, more than twice the amount yet found, Scottish energy consultants Wood Mackenzie said Wednesday.
Around two-thirds of oil and gas discoveries come from deep water now, as exploration successes on shore and in shallow waters become rarer, Wood Mackenzie said in a statement, citing a study it and fellow energy consultants Fugro Robertson conducted.
The Price of Oil
During World War One the modern armies first discovered their thirst for oil. The war machine had become mechanised. War ships now depended on oil, as did the tanks. Airplanes were just coming into use. Early cars and trucks were being used to move troops and supplies. Strategists recognised not just the military need for […]
Iran upbeat on oil forecasts, analysts sceptical
Mr Zanganeh dismissed suggestions from reporters that Iran was angling for a bigger slice of the OPEC cake, fearful about Iraq
Iran upbeat on oil forecasts, analysts sceptical
Mr Zanganeh dismissed suggestions from reporters that Iran was angling for a bigger slice of the OPEC cake, fearful about Iraq
Iran upbeat on oil forecasts, analysts sceptical
Mr Zanganeh dismissed suggestions from reporters that Iran was angling for a bigger slice of the OPEC cake, fearful about Iraq
Iraqi Oil Exports Are Cut Nearly in Half
BAGHDAD, Iraq July 5, 2004
Iran Number-Two Position For World Oil Reserves
Regarding the newly discovered Yadavaran Oil Field, the minister said the giant field would hold more than 17 billion crude barrels and that three billion barrels were recoverable.
Iran Number-Two Position For World Oil Reserves
Regarding the newly discovered Yadavaran Oil Field, the minister said the giant field would hold more than 17 billion crude barrels and that three billion barrels were recoverable.
Iran Number-Two Position For World Oil Reserves
Regarding the newly discovered Yadavaran Oil Field, the minister said the giant field would hold more than 17 billion crude barrels and that three billion barrels were recoverable.
Oil fuels household price increases
What do carpet, tires and paint have in common?
They are just a few of the household items getting more expensive due to the high cost of oil and natural gas, important raw materials for these products and the source of energy needed to manufacture and ship them.
Is there a new floor price for oil?
In a sense, the world’s oil majors, too, now find themselves producing sub-optimally. Over the past year most of them have raised their benchmark figure for assessing new oil investments to about $20. But at today’s oil price they could obviously be pumping more, and at a profit.
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