Peak Oil And The Canadian Tar-sands

About Peak Oil And The Canadian Tar-sands

Recovering Lost Knowledge About Exhaustion of the Earth’s Resources

Here we have an excerpt from a 1975 book that tells us more about Peak Oil than a typical dozen posts on most peak oil websites.  It’s an example of expert knowledge effectively lost to society by the proliferation of mental chass.  At the end are links to more on this subject. The short version, the […]

Reason for hope in Iraq: Oil, and lots of it

On a bleak stretch of desert near the Iraq-Kuwait border – half a world away from the Gulf of Mexico and last year’s nightmarish blowout – BP is riding high, rapidly developing one of the world’s richest oil fields. The British energy giant plans to drill 3,000 new wells here over the next 10 years […]

Max Keiser Interviews Michael Ruppert

BP Oil Disaster a Symptom of Peak Oil

An Export Land Model Analysis for the USA-Part 1

This is particularly important in the period after peak oil, when oil production begins to decline from the exporting countries and but the domestic consumption rate may still be increasing. The Export Land Model shows that the rate of decline in oil exports will be even faster than the decline in production if there is […]

German Government Rejects Report ‘Peak Oil’ Occurred in 2010

Chancellor Angela Merkel’s government rejected a report by Germany’s armed forces that global crude-oil production reached its maximum last year, parliament’s HIB newsletter said. Crude output “can be increased through 2035 under today’s conditions, assuming an optimal development and exploitation of reserves,” HIB said today, citing the government’s response to a query by the opposition […]

The Peak Oil Catastrophe-in-waiting

The United States continues to slumber while a catastrophe lies in wait. Increasing numbers of analysts and policymakers are warning of another super price spike for oil and the likelihood of “peak oil” more generally. Peak oil is the point at which global oil production reaches a maximum and then declines. The speed of the […]

OPEC poised to dominate global energy markets

The OPEC domination of the global energy markets is set to grow, says BP in its just released BP Energy Outlook, and it made headlines all over the globe, sending shivers through some spines. The outlook underlined that world is entering an era of OPEC dominance over the markets. BP’s forecast shows that over the […]

U.K. call for shale gas drilling halt

A study by the Tyndall Center for Climate Change Research comes amid reports an oil firm has found shale oil reserves in Lancashire, the BBC reported Sunday. The study notes that officials in the United States are investigating allegations that drilling for shale oil has polluted water supplies. British ministers have rejected a moratorium, saying […]

Alyeska restarts Trans-Alaska Pipeline System

he Trans-Alaska Pipeline System resumed operations at 10:18 a.m. local time on Jan. 17 after crews at Pump Station 1 successfully installed a 157-ft bypass pipeline. TAPS operator Alyeska Pipeline Service Co., contractors, and regulators are closely monitoring the restarted line. Alyeska initially shut down the line the morning of Jan. 8 after discovering crude […]

No peak oil yet? The limits of the Hubbert model

Fig. 2 World production of “all liquids.” Image from “Oilwatch Monthly” A few words of caution before going on. First, it is too early to say that the data are not compatible with the Hubbert model since it may take a few years before the peak is clearly detectable in the curve. Second, the data […]

Russia opens Arctic to BP to remain top oil nation

Russia’s move to open up its prized Arctic reserves to oil major BP (BP.L) is driven by the Kremlin’s desire to avoid a fall in production and remain the world’s leading oil nation. Analysts and bankers told Reuters that the deal, in which BP agreed to a multi-billion-dollar share swap with state major Rosneft (ROSN.MM), […]

Below the ocean floor off Angola, modern-day wildcatters have pinpointed what they think is a major oil field

Oilmen are optimists, by creed if not always by nature, and early last spring things looked, as those in the industry like to say, prospective. The deepwater rigs in the Gulf of Mexico were steadily drilling, with no suggestion of any impending calamity, and oil was flowing from the vast finds in offshore Brazil. Circumstances […]

Past, Present and Future Venezuelan oil production

Last week I wrote a little about the planned production of heavy oil from the Orinoco Basin in Venezuela and used that as the basis for a discussion on API gravity and refinery gains. What I would like to do today is to revisit this area of Venezuela and discuss a little more of the […]

$100 oil, Deal with it

The global economy can withstand an oil price of $100 a barrel, Kuwait’s oil minister said on Saturday, as other exporters indicated OPEC may decide against increasing output through 2011 as the market was well supplied. Analysts have said oil producing countries are likely to raise output after crude rallied more than 30 percent from […]

WORLD OIL OUTLOOK 2010: Oil supply by regions – UPDATE 6

America In the US , and for the first time since 2002, Alaska will be adding production capacity over the medium-term. However the gross addition is only around 100,000 b/d by 2014, mainly from Liberty a… ordons.com

If shale is a game changer, why do producers seek oil?

Curious, isn’t it, how some of the largest shale gas producers seem to be drilling more for oil these days? According to Baker Hughes Inc., a major oil services company, last week the number of natural gas rigs operating in the U.S. fell for a fifth consecutive week to a 10-month low. Just as the […]

OPEC: a big increase in output

Platts’ monthly survey of OPEC output, which can be found here, showed a significant increase in December compared to November. Saudi Arabia increased its output; so did Iran and Iraq. Even Venezuela showed a slight upturn. Given the tight supply/demand balance at present, with OPEC output up until recently at levels less than the OPEC […]

Peak Coal: the Olduvai perspective

Peak Coal. Some folks have begun eagerly researching this topic and writing about its timing, now that talk of Peak Oil is all around. The different outlooks on how and when the peak will occur are disparate, ranging from next year to a time many decades in the future. This post tries to view this […]

Oil spill shuts down Trans Alaska Pipeline

A crude oil spill was found in the Fairbanks, Alaska portion of the Trans Alaska Pipeline Saturday morning. Production through the pipeline has been slowed to 5 percent as a result of the spill, according to a statement released by its operator, Alyeska Pipeline Service Company. About 842,261 barrels of oil normally flow through the […]

OPEC to cut supplies in January by most since August 2010

According to tanker tracker Oil Movements, the Organization of Petroleum Exporting Countries will reduce supplies this month by the most since August 2010 as demand for winter fuels in the northern hemisphere passes its peak. Oil Movements said that shipments will drop 1.3% to 23.6 million barrels a day in the four weeks to January […]

Coal will remain India’s principal fuel for next 40 years

Coal will remain the principal fuel to meet the country’s energy requirements for the next 30 to 40 years, despite intense efforts to promote the use of other sources of energy including renewable, according to O.P. Bhutani, Director (Engineering, Research and Development), Bharat Heavy Electricals Limited (BHEL), New Delhi. Addressing a plenary session on challenges […]

Peak Oil and a Changing Climate

Peak Oil is the point at which petroleum production reaches its greatest rate just before going into perpetual decline. In “Peak Oil and a Changing Climate,” a new video series from The Nation and On The Earth productions, radio host Thom Hartmann explains that the world will reach peak oil within the next year if […]

Russia 2010 oil output up to record 10.1 mln bpd

Russian oil output grew by around 2.2 percent in 2010, hitting a record high 10.145 million barrels per day, as the world’s top oil exporter continued ramping up production at its greenfields. Energy Ministry data showed on Sunday the country extracted 10.145 million barrels per day last year, a record since the collapse of the […]

Russia in milestone oil pipeline supply to China

Russia, the world’s top crude exporter, said it had begun scheduled oil shipments to China via an East Siberian link on Saturday as the Kremlin cements ties with its energy-hungry neighbour. So far, Russia’s 50,000-km oil pipeline network has been concentrated in West Siberia and run toward Europe. With the commissioning of the Eastern Siberia […]

Brazil to build ‘underwater cities’ to drill for oil

Brazil’s state oil company is planning to do away with offshore oil drilling platforms and replace them with automated “underwater cities” that extract oil. In what could prove to be one of the most ambitious industrial projects ever undertaken, Petrobras is drawing up plans to place giant machinery and robots 6,000 feet under the sea […]

OPEC Caught Lying: $200 Oil is Imminent

Now that the Peak has passed, all sorts of interesting tidbits are emerging. Take the December 13th BusinessWeek article that declared OPEC is cheating the most since 2004… Apparently, the oil cartel pumped 26.78 million barrels per day (mmbd) this year. Yet they have a production limit of only 24.845 mmbd, set at the end […]

EIA Annual Energy Outlook 2011: Don’t Worry, Be Happy.

We no longer have to worry about energy supply or prices. That is the message from the U.S. Energy Information Administration’s (EIA) Annual Energy Outlook (AEO) 2011. Cheap energy will characterize the world for most of the next decade, according to the report. Oil will not reach $100 per barrel until 2017 and natural gas […]

Robert Hirsch on “The Impending World Energy Mess”

Robert Hirsch made waves as the 2005 author of what became known simply as the Hirsch Report, the first study funded by the US government on peak oil and its consequences. The experience of writing that report left him shaken at the consequences of peak oil. Now he says that in the next 2-5 years […]

Simple Thoughts on Risk…and Peak Oil

Consider the following… Scenario 1. If you were attending a dinner conference tonight with 100 seats and I told you that 1 of the 100 servings would be poisoned with deadly cyanide, would you eat? Scenario 2. If I told you there was a 1 in 100 probability that the bus you ride to work […]

« Previous Page — Next Page »

LATEST NEWS HEADLINES

• Why the IEA is Wrong About Peak Oil Demand
• Did we inadvertently speed global warming?  
• Venezuela’s Oil Monopoly Eases
• Why Germany is Choosing Natural Gas Over Nuclear Power
• U.S. coal-fired electricity generation decreased in 2022 and 2023

• America Cracks Down on Methane Emissions from Oil and Gas Facilities
• Meet America’s Newest Oil Trader Extraordinaire: Joe Biden
• Is It Time To Refill America’s Strategic Petroleum Reserve?
• Oil prices set to end year 10% lower as demand concerns snap winning streak
• What’s Driving America’s New Oil and Gas Boom?
• China’s peak oil demand bombshell eviscerates Danielle Smith’s energy strategy