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Page added on April 2, 2018
Peak Oil Demand Is Approaching Thanks to EVs and Autonomous Vehicles
Nearly a decade ago, I talked about the concept of “peak oil.” Simply put, this theory states that global oil production will hit a maximum level before declining.
When oil prices hit a record high of $147 a barrel in July 2008, many analysts focused on the supply-demand equation and the topic of peak oil. Back then, peak oil pertained to supply.
People saw out-of-control global demand as a sign that the supply would peak… before it would run completely dry.
But then the introduction of hydraulic fracking and horizontal drilling blew the peak oil argument right out of the picture. So much new supply has been developed over the last decade due to fracking, and the U.S. is now the world’s top crude producer.
Fast-forward to 2018. The introduction of electric vehicles is close to its tipping point.
When that happens, EVs will quickly become the dominant vehicles offered for purchase at car dealerships around the world.
And that means we will approach “peak oil” once again. But this time the concept is entirely different…
This time, peak oil is all about demand. With the introduction of EVs, we’ll slowly start to see a reduction in the demand for gasoline and diesel.
And that means a reduction in the demand for crude. That will have far-reaching ramifications for the oil industry.
In BP’s latest Energy Outlook, the oil giant sees crude demand slowing and then plateauing in the late 2030s.
In this scenario, BP expects 190 million EVs in circulation by 2035. That’s almost double what it predicted in last year’s Energy Outlook.
And by 2040, 320 million of the 2 billion cars on the road worldwide will be EVs, according to BP’s projections.
That’s a hundredfold increase over today’s EV numbers.
But that’s only part of the story. By 2040, autonomous vehicles will also be widespread – and most of them will be EVs.
Today, EVs are racking up only about 2% of all passenger vehicle miles. Fast-forward to 2040: EVs will account for at least 30% of passenger miles.
BP thinks oil will peak around 18.7 million barrels per day and finally start declining by the end of the next decade.
Personally, I believe the peak will be lower and the decline will begin sooner…
This is according to Fessler’s Second Law of Technology: “When it comes to technology, change happens much faster than anyone expects it will.”
For a precedent, all you have to do is think about is how rapidly mobile phones have become widespread. It took a decade or less for half the world’s population to have phones in their pockets.
So why would the widespread adoption of EVs take any longer? Battery pack energy densities are rapidly increasing and their costs are rapidly dropping. I think we could hit the new “peak oil” by 2025.
I think half the vehicles on our planet’s highways could be EVs by 2040. That would bring down crude demand much faster than what the current projections expect.
Still, some oil executives continue to kid themselves. Most notably, the CEO of Saudi Aramco.
Amin Nasser doesn’t see EVs as a threat for at least several decades.
Royal Dutch Shell, meanwhile, seems to be getting the message. It’s increasingly focused on natural gas and is moving away from oil. French oil giant Total is doing the same.
The exact date of “the new peak oil” isn’t easy to predict. The important thing is that it’s coming. Sooner than many think.
That’s my opinion. What’s yours? Share your thoughts in the comments section below.
Good investing,
Dave
56 Comments on "Peak Oil Demand Is Approaching Thanks to EVs and Autonomous Vehicles"
pointer on Mon, 2nd Apr 2018 7:04 am
“When it comes to collapse, it happens much faster than anyone expects it will.”
Davy on Mon, 2nd Apr 2018 7:10 am
“But then the introduction of hydraulic fracking and horizontal drilling blew the peak oil argument right out of the picture. So much new supply has been developed over the last decade due to fracking, and the U.S. is now the world’s top crude producer.”
This is BS because light tight oil is an economic driven oil. If the economy goes down this resource will decline. The economy and this oil resource are highly related and furthermore price driven in a good economy or bad.
“Fast-forward to 2018. The introduction of electric vehicles is close to its tipping point. When that happens, EVs will quickly become the dominant vehicles offered for purchase at car dealerships around the world.”
Yea, fast forward dumbass and fill me in on the EV penetration globally.
“But that’s only part of the story. By 2040, autonomous vehicles will also be widespread – and most of them will be EVs. Today, EVs are racking up only about 2% of all passenger vehicle miles. Fast-forward to 2040: EVs will account for at least 30% of passenger miles.”
Sounds like more cornucopianism of techno optimism. I remember when I was a kid and the George Jetson world was ahead. They talked about NUK power too cheap to meter. We were going to have outpost on the moon and so forth. What is the difference? It is the same old techno optimism parading as hope.
I am hoping for a significant EV penetration to make us more resilient to peak oil dynamics but this is no silver bullet. Demand management and behavior changes are the key and unfortunately behavior is getting worse.
“This is according to Fessler’s Second Law of Technology: “When it comes to technology, change happens much faster than anyone expects it will.”
Yea, until it smacks up against the second law of thermodynamics which is a real law.
dave thompson on Mon, 2nd Apr 2018 7:23 am
Peak oil demand is the industries way of saying that peak oil extraction never existed.
"Lucifer" on Mon, 2nd Apr 2018 7:36 am
All this talk about peak oil demand and electric this or that is just pure hopium. I can tell you all now that nothing will save the mass of humanity from collapse and chaos.
Cloggie on Mon, 2nd Apr 2018 7:39 am
Yea, until it smacks up against the second law of thermodynamics which is a real law.
Meathead bluffing himself into physics. Could you elaborate a little on that one? All ears.
For the rest, I subscribe completely to the gist of this article. Globalized car factories will begin to die by 2030…
https://deepresource.wordpress.com/2017/05/16/by-2030-you-wont-own-a-car/
…when the car (van/minibus) will become a part of the public transport system. An economic depression would only accelerate such a development because people no longer can afford a privately owned car.
In 2010 there were 1 billion cars on this planet. In fact the same transportation effort could be accomplished with merely 100-200 million robo-e-cars instead, if you allow for more home offices and more spreading of work hours/shifts.
There are only advantages:
– quiet cities
– no ugly parked cars
– no congestions
– no pollution
– old people remain mobile
– remote, poor places remain more viable thanks to robo-trucks
– enormous relief personal budgets
– fine-grained door-to-door transportation still possible thanks to gps/galileo-total location awareness and complex algorithms to optimize demand/supply
Disadvantage: loss of sense of freedom. You have to share a van/minibus with “stinking strangers”.
Davy on Mon, 2nd Apr 2018 7:53 am
Neder, the so called “Physicist”, have you ever heard of planetary limits and diminishing returns? That should be basic knowledge for a on paper physicist.
What a joke, 100MIL cars do the work of 1BIL. I understand your paper physics degree now. It is a fantasy physics 101 degree.
joe on Mon, 2nd Apr 2018 8:13 am
Except the earth is not an isolated system, the sun is dumping energy into the earth daily like a fan oven. The question of equilibrium is not an issue, the second law of thermodynamics only applies in the sense that it helps us understand how a system like the one we live in can begin to move and jossle itself. Peak easy oil already happened, thats why tight oil has become viable. After we use up the easy tight oil we will use us the really horrible stuff. In terms of global growth and global stability, peak oil slowed global growth and as for stability……
Cloggie on Mon, 2nd Apr 2018 9:00 am
“What a joke, 100MIL cars do the work of 1BIL. ”
What is the average usage rate of a privately owned car?
2-3%?
Now tell me meathead… what part of…
2 x 10 = 20
…don’t you understand?
Cloggie on Mon, 2nd Apr 2018 9:06 am
Oops, I need to correct myself…
1 billion cars can be replaced by 20-40 million, not 100-200 million cars, if you take into account 7-8 persons per car, rather than 1.25 and can increase operational hours from 2 to 20%.
Once you let these figures sink in, you realize that peak oil supply is a joke.
Also realize that you can demolish all these ugly highways and astronomical road maintenance cost as it suffices to have two lane roads only.
Davy on Mon, 2nd Apr 2018 9:42 am
I say it again “what part of stupid don’t you understand”? Wow, you are off in nederfantasy land. You obviously can’t understand business and the scaling of economies of scale. Further your AI EV’s are not proven and not affordable.
Norman Pagett on Mon, 2nd Apr 2018 10:22 am
EVs are a stopgap fantasy
the problem we face isn’t the journey. it’s the purpose of the journey
In other words, you might have transport. but because all employment depends on burning fuel, then you might not have a job to go to.—or any place to go to
So having any kind of vehicle will be pointless
And in any event, EV’s cannot function outside and fossil fuelled environment
https://extranewsfeed.com/we-must-keep-our-wheels-turning-93c95d8f066f
Davy on Mon, 2nd Apr 2018 10:37 am
Right Norman, the velocity of economic activity requires discretionary happy motoring. It is baked into the cake.
dissident on Mon, 2nd Apr 2018 10:42 am
What is this rubbish? EVs operate on electricity produced by burning coal, oil, natural gas or oil. Stop bitching about solar and wind like it is accounts for substantial amounts of power everywhere. Canada is not like Denmark and Denmark is stalled at 40% saturation with its alleged wind power miracle.
Autonomous cars will still need energy. Of are they going to use fairy dust?
MASTERMIND on Mon, 2nd Apr 2018 10:59 am
They know the oil is going to be running out in a few years worldwide. I hate to be the one to say it but a major nuclear war to depopulate would make a lot of sense..
https://www.forbes.com/sites/rrapier/2018/03/23/is-the-world-sleepwalking-into-an-oil-crisis/#3dd6e74344cf
https://outrider.org/nuclear-weapons/interactive/bomb-blast
Cloggie on Mon, 2nd Apr 2018 12:44 pm
Denmark is stalled at 40% saturation with its alleged wind power miracle.
You’re pulling that out of your ass:
https://stateofgreen.com/en/profiles/state-of-green/news/denmark-is-heading-towards-60-wind-energy
DENMARK IS HEADING TOWARDS 60% WIND ENERGY
(in a few years)
https://www.thelocal.dk/20180111/denmark-set-wind-power-record-in-2017-ministry
Denmark set wind power record in 2017: ministry
EVs are a stopgap fantasy
Are you aware that ASPO-USA closed shop? What do you think is the significance of that? (rhetorical question)
Are you aware that peak oil guru Heinberg is meanwhile betting on 100% renewable energy?
Peak oil supply is so 2007. Not even Rembrandt Koppelaar of peakoil.nl is pushing peak oil any more, like he did here on Dutch MSM in 2007:
https://www.youtube.com/watch?v=klFtVZ_bs60
Now Rembrandt has a decent job at the Imperial College in London (OK, the empire is gone, courtesy Winston Churchill.lol) and is more upbeat these days about the energy situation:
https://www.youtube.com/watch?v=RQBIjCKiBOE
Cloggie on Mon, 2nd Apr 2018 12:44 pm
I hate to be the one to say it but a major nuclear war to depopulate would make a lot of sense..
You LOVE to say that, liar.
Davy on Mon, 2nd Apr 2018 1:04 pm
Denmark, has a population the size of a city and you are
crowing like a cock rooster. Neder, how much is wind and solar cover in the EU with primary energy….Today, not 2020, 2030, or 2040? No answer just proves my point.
Outcast_Searcher on Mon, 2nd Apr 2018 1:17 pm
Davy gets more shrill and random over time. Learning from master-mindless?
Cloggie on Mon, 2nd Apr 2018 1:38 pm
“Denmark, has a population the size of a city and you are crowing like a cock rooster.”
If the US would concentrate on a renewable energy base rather than global empire and entertain a 50% global “defense budget”, then the US does indeed have a little bit of a problem. It is a matter of priorities. No disrespekt to the Danish Uebermenschen, but if they can do it, the US can do it as well. And the relative size is completely irrelevant. All Danes AND Americans have cars, teevees, internetz, mortages, 55k incomes, etc., etc, so they both can have a renewable energy base.
But Americans prefer bombs, well then…
“Houston we’ve got a problem”.
Timber!
Cloggie on Mon, 2nd Apr 2018 1:42 pm
“Davy gets more shrill and random over time. Learning from master-mindless?”
Davy’s imperial world is breaking apart and he hates it.
Davy on Mon, 2nd Apr 2018 1:46 pm
OS, what is your point? Are you being tough guy today wanting to fight? Can you say something intelligent is my shrill and random to you.
Davy on Mon, 2nd Apr 2018 1:49 pm
Nederfantasies are evaporating. Spit it out neder, what is current EU wind and solar penetration primary energy? Maybe the shrill and random OS will help you with that one.
MASTERMIND on Mon, 2nd Apr 2018 1:53 pm
Clogg looks like peak oil is about to make a comeback tour! Call up Heinberg and Kunstler! The bands getting back together!
Projection of world fossil fuels by country (Mohr, 2015)
Over 900 different regions and subfuel situations were modeled using three URR scenarios of Low, High, and Best Guess. All three scenarios indicate that the consistent strong growth in world fossil fuel production is likely to cease after 2025. The Low and Best Guess scenarios are projected to peak before 2025 and decline thereafter. The High scenario is anticipated to have a strong growth to 2025 before stagnating in production for 50 years and thereafter declining.
https://www.scribd.com/document/375110317/Projection-of-World-Fossil-Fuels-by-Country-Mohr-2015
Peak oil, coal, and gas, all within the next decade!
so yeah…
MASTERMIND on Mon, 2nd Apr 2018 1:56 pm
Clogg
Sleepwalking Into The Next Oil Crisis
https://www.forbes.com/sites/rrapier/2018/03/23/is-the-world-sleepwalking-into-an-oil-crisis/#6215d63d44cf
And if you click on that HSBC study and look in the top right corner. It says my real name. “Sean H”..Suck it bitch! MM goes mainstream! Nobody will ever go mainstream with your pathetic sources clogg..LOL
MASTERMIND on Mon, 2nd Apr 2018 1:58 pm
One Tsar airblast Nuke hitting Moscow! 2 million oil users dead! And putin in a comma!
https://outrider.org/nuclear-weapons/interactive/bomb-blast
peakyeast on Mon, 2nd Apr 2018 1:59 pm
Renewable power has more or less been stopped in Denmark – As well as the sale of EVs. This is due to our current government composition which – like Trump – fight for the 0.1% to get richer no matter the damage to the rest of society.
Cloggie on Mon, 2nd Apr 2018 2:10 pm
Is this wrong, peakyeast?
https://stateofgreen.com/en/profiles/state-of-green/news/denmark-is-heading-towards-60-wind-energy
Cloggie on Mon, 2nd Apr 2018 2:13 pm
“One Tsar airblast Nuke hitting Moscow! 2 million oil users dead! And putin in a comma!”
You should be locked up for inciting of violence and mass murder.
Cloggie on Mon, 2nd Apr 2018 2:23 pm
https://www.thelocal.dk/20171206/denmarks-green-energy-grows-faster-than-expected
“Denmark’s green energy growing faster than expected”
Davy on Mon, 2nd Apr 2018 2:25 pm
Lol, neder you are showing a reflection. I think the same thing of you daily.
BTW, spit it out neder, give me the primary power penetration of wind and solar in the EU TODAY!!! Are you hiding something?
nathing@hotmail.fr on Mon, 2nd Apr 2018 2:26 pm
Peak oil demand is not necessary fantasy. When we will start thermonuclear fireworks before 2050 to cool down the planet and diminish the popupulation, demand will obviously peak.
Cloggie on Mon, 2nd Apr 2018 2:35 pm
“BTW, spit it out neder, give me the primary power penetration of wind and solar in the EU TODAY!!! Are you hiding something?”
You asked that earlier past week and I answered that. Look it up yourself this time.
peakyeast on Mon, 2nd Apr 2018 2:38 pm
@Cloggie:
https://energiwatch.dk/Energinyt/Politik___Markeder/article9426732.ece
“20% under performing to reach own goals”
https://piopio.dk/regeringen-langt-fra-egne-energimal/
“Expansion stopped”
https://finans.dk/erhverv/ECE9625951/danmark-er-blevet-elbilens-fjende-nummer-et/?ctxref=ext
“EV sales dropped 60% in one year while rest of europe has increased sales”
MASTERMIND on Mon, 2nd Apr 2018 2:45 pm
Awoke dog
https://i.redd.it/0zv2c19oysj01.gif
Cloggie on Mon, 2nd Apr 2018 2:52 pm
Come on peakyeast, that first link is about missing a 2030 target “if nothing is done”. That doesn’t contradict my links in this thread.
Davy on Mon, 2nd Apr 2018 2:55 pm
Neder are you scared? Needder, could it be the 6-7% is a popcorn fart in the big scheme of the massive PBM Eurotard Empire you have been hooting and hollering about now daily for years.
MASTERMIND on Mon, 2nd Apr 2018 3:10 pm
UC Davis Peer Reviewed Study: It Will Take 131 Years to Replace Oil with Alternatives (Malyshkina, 2010)
http://pubs.acs.org/doi/abs/10.1021/es100730q
University of Chicago Peer Reviewed Study: predicts world economy unlikely to stop relying on fossil fuels (Covert, 2016)
https://www.aeaweb.org/articles?id=10.1257/jep.30.1.117
Solar and Wind produced less than one percent of total world energy in 2016 – IEA WEO 2017
https://www.iea.org/publications/freepublications/publication/KeyWorld2017.pdf
Fossil Fuel Share of Global Energy since 1990 – BP 2017
https://imgur.com/k7VecMq
Renewable energy ‘simply won’t work’: Top Google engineers
http://www.theregister.co.uk/2014/11/21/renewable_energy_simply_wont_work_google_renewables_engineers/
Top scientists show why powering US using 100 percent renewable energy is a delusional fantasy
http://energyskeptic.com/2017/big-fight-21-top-scientists-show-why-jacobson-and-delucchis-renewable-scheme-is-a-delusional-fantasy/
At this rate, it’s going to take nearly 400 years to transform the energy system
https://www.technologyreview.com/s/610457/at-this-rate-its-going-to-take-nearly-400-years-to-transform-the-energy-system/
The Curse of Energy Efficiency
https://thetyee.ca/Opinion/2018/02/26/Energy-Efficiency-Curse/
IEA Sees No Peak Oil Demand ‘Any Time Soon’
https://www.wsj.com/articles/iea-sees-no-peak-oil-demand-any-time-soon-1488816002
MASTERMIND on Mon, 2nd Apr 2018 3:11 pm
Projection of World Fossil Fuels by Country (Mohr 2015)
Over 900 different regions and subfuel situations were modeled using three URR scenarios of Low, High, and Best Guess. All three scenarios indicate that the consistent strong growth in world fossil fuel production is likely to cease after 2025. The Low and Best Guess scenarios are projected to peak before 2025 and decline thereafter. The High scenario is anticipated to have a strong growth to 2025 before stagnating in production for 50 years and thereafter declining.
https://www.scribd.com/document/375110317/Projection-of-World-Fossil-Fuels-by-Co
Coal cannot work without crude, crude cannot work without coal, natural gas cannot work without both oil and coal, Shale oil cannot work without any of those, and so on…
MASTERMIND on Mon, 2nd Apr 2018 3:12 pm
The End of the Oil Age is Imminent!
Recently, the HSBC oil report stated that 80% of conventional oil fields were declining at a rate of 5-7% per year. This means that there will be an oil shortage of ~30 million barrels per day by 2030 and ~40 million barrels per day by 2040.
http://www.scribd.com/document/367688629/HSBC-Peak-Oil-Report-2017
What is mentioned far less often is that annual oil discoveries have lagged annual production since the 1980s.
https://imgur.com/a/6dEDt
Now, this problem has nothing to do with the recent decline in the oil price, which started in 2014. This has been an on-going problem for the past 30 years. Now, the IEA is predicting oil shortages by ~2020 due to declining exploration.
https://www.wsj.com/articles/iea-says-global-oil-discoveries-at-record-low-in-2016-1493244000
Here, the IEA blames this problem on the low oil price. But, this problem started in the 1980s. The problem is geological: we are running out of conventional cheap oil. Shale and tar sands are not the answer, either. Those resources are far too expensive, compared to conventional oil, because the global economy is based on cheap conventional oil. Expensive oil is not a replacement for cheap oil.
Based upon the HSBC report and the IEA, the End of Oil Age will start around ~2020: there will be a dramatic economic depression due to exhaustion of cheap oil. This will cause a global economic collapse.
MASTERMIND on Mon, 2nd Apr 2018 3:13 pm
Oil discoveries in 2017 hit all-time low –Houston Chronicle
https://www.chron.com/business/energy/article/Oil-discoveries-in-2017-hit-all-time-low-12447212.php
IEA Chief warns of world oil shortages by 2020 as discoveries fall to record lows
https://www.wsj.com/articles/iea-says-global-oil-discoveries-at-record-low-in-2016-1493244000
Saudi Arabia’s Energy Minister Warns of World Oil Shortages Ahead
https://www.wsj.com/articles/saudi-minister-sees-end-of-oil-price-slump-1476870790
Saudi Aramco CEO sees oil supply shortage coming as investments, discoveries drop
https://www.reuters.com/article/us-aramco-oil/aramco-ceo-sees-oil-supply-shortage-as-investments-discoveries-drop-idUSKBN19V0KR
UAE warns of world oil shortages ahead by 2020 due to industry spending cuts
http://www.arabianindustry.com/oil-gas/news/2016/nov/6/more-spending-cuts-as-uae-predicts-oil-shortages-5531344/
Halliburton CEO says oil will spike due to oil shortages by 2020 after Industry Cuts
https://www.bloomberg.com/news/articles/2017-07-12/halliburton-sees-2020-oil-spike-after-industry-cuts-2-trillion
2020s To Be A Decade of Disorder For Oil
https://oilprice.com/Energy/Energy-General/2020s-To-Be-A-Decade-of-Disorder-For-Oil.html
North Dakota Department of Mineral Resources Director “We could have worldwide oil crisis by 2021”
http://www.kfyrtv.com/content/news/Latest-oil-production-numbers-reveal-modest-drop-also-presents-potential-worldwide-oil-crisis-476721983.html
Is the World Sleepwalking Into The Next Oil Crisis?
https://www.forbes.com/sites/rrapier/2018/03/23/is-the-world-sleepwalking-into-an-oil-crisis/#3dd6e74344cf
MASTERMIND on Mon, 2nd Apr 2018 3:14 pm
Simple really….when the World Economy Collapses everything shuts down…the end… We’re talking about grids down all over the world and 7.5B people dropping like f*** flies in short order. The collapse will be absolutely horrible..There is no collapse or horror movie ever produced that has even come close to imagining what the collapse of BAU might look like. I’m talking about every corporation and every social program going bankrupt at once. I’m talking about people eating people. I’m talking about the Worst Catastrophe to ever happen in the history of mankind. Nothing has ever, or will ever come close…
World Scientists “Warning to Humanity” Signed by 15,000 Scientists from 184 Countries Including the Majority of all Nobel Prize Winners
https://academic.oup.com/bioscience/article/67/12/1026/4605229
Scientific American: Apocalypse Soon: Has Civilization Passed the Environmental Point of No Return?
https://www.scientificamerican.com/article/apocalypse-soon-has-civilization-passed-the-environmental-point-of-no-return/
Inside the new economic science of capitalism’s slow-burn energy collapse (Ahmed, 2017)
https://medium.com/insurge-intelligence/the-new-economic-science-of-capitalisms-slow-burn-energy-collapse-d07344fab6be
Peer Reviewed Study: Society Could Collapse In A Decade, Predicts Historian (Turchin, 2010)
https://www.nature.com/articles/463608a
NASA Peer Reviewed Study: Industrial Civilization is Headed for Irreversible Collapse (Motesharrei, 2014)
http://www.sciencedirect.com/science/article/pii/S0921800914000615
The Royal Society: Peer Reviewed Study, Now for the First Time A Global Collapse Appears Likely (Ehrlich, 2013)
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3574335/
Peer Reviewed Study: Limits to Growth was Right. Research Shows We’re Nearing Global Collapse (Turner, 2014)
http://sustainable.unimelb.edu.au/sites/default/files/docs/MSSI-ResearchPaper-4_Turner_2014.pdf
Peer Reviewed Study: Financial System Supply-Chain Cross-Contagion: Global Systemic Collapse (Korowicz, 2012)
http://www.feasta.org/wp-content/uploads/2012/06/Trade-Off1.pdf
JH Wyoming on Mon, 2nd Apr 2018 3:35 pm
“And by 2040, 320 million of the 2 billion cars on the road worldwide will be EVs, according to BP’s projections.”
It takes another 22 years to get to a .16 penetration of EV’s as compared to the number of ICE vehicles? Either the projection if off or if it is accurate, then it’s not a quick game changer but rather a very slow march away from FF.
Also, wasn’t the whole point of using FF was because it was cheap and that’s what paid for bridges, roads, schools and all the other infrastructure? If we have EV’s and charge them using renewables, that sounds good but are the inherent across the board societal costs ever going to compare to FF? In other words, has anyone run the numbers on a purely renewables/EV’s world to see just what kind of economy that is? Does it work for everybody or just a small percentage of well to do people. So maybe the business owner drives to work in an EV, but the employees bicycle. Is that the idea.
My point is if we attempt to completely remove our energy base from FF, does it work or does it cause an economic collapse along the way?
peakyeast on Mon, 2nd Apr 2018 3:52 pm
@Cloggie: I dont know about your links – I havent read them. I just wanted to give you some other perspectives.
MASTERMIND on Mon, 2nd Apr 2018 4:18 pm
Peakyeast
Cloggs links are garbage and lies..That is why he has to use Youtube videos and fringe blogs. If what he claims were true then there would be some main stream sources he could easily cite. He is not sophisticated enough to understand what is reliable and what isn’t.
Boat on Mon, 2nd Apr 2018 4:57 pm
Mm
Tight oil may not be the world’s answer but it claims over 1/2 of US production. We used to import over 12 mbpd with few exports. Now we export petrolium products and net import around 3.5 mbpd with other oil being refined. Why are we importing oil just to refine? Fracking dude. Our Nat gas is so cheap not only can we refine cheaper but the US drove down Nat gas prices around the world for years.
Yes the black Obama prez was the world energy ruler.
Boat on Mon, 2nd Apr 2018 5:03 pm
Mm
I won’t call you a liar. Your a peer reviewed educated student that isn’t smart enough to see what the numbers obviously show. You have to have someone show you.
Check oil and Nat gas since fracking began and how it changed the world. Now renewables are doing the same thing and your blind dude.
Cloggie on Tue, 3rd Apr 2018 12:22 am
@Cloggie: I dont know about your links – I havent read them. I just wanted to give you some other perspectives.
No need to, I gave the headline. Denmark currently at 44% renewable electricity and 60% in a few years. Denmark is not stalling.
The first article that peakyeast posted was about 2030 and worries that Denmark would not achieve 50% primary energy renewable by 2050 and urged that new impulses are needed.
If Denmark would achieve 50% in 2030, the country would be in energy safety. That would be enough to keep the industrial character of the country had in say 1980. As such Denmark would offer the world a model to replicate.
Perhaps even Americans would understand that it makes more sense to copy Danish behavior rather than pursuing destructive and futile attempts to conquer the entire world at immense cost. Total miss-allocation of means. America will have a lot of catching up to do. Fortunately they have their older European brothers standing by to give them a helping hand, like they already did in Texas.
https://electrek.co/2017/10/31/wind-powered-a-record-of-nearly-200-million-european-households-on-saturday/
“Wind powered a record of nearly 200 million European households on Saturday”
https://www.architecturaldigest.com/story/europeans-are-planning-to-build-man-made-island
“This Is Why Europeans Are Planning to Build a Man-Made Island”
DerHundistLos on Tue, 3rd Apr 2018 12:46 am
GREAT PACIFIC GARBAGE PATCH GROWING LIKE A MALIGNANT TUMOR
(CNN) A huge, swirling pile of trash in the Pacific Ocean is growing faster than expected and is now three times the size of France.
According to a three-year study published in Scientific Reports Friday, the mass known as the Great Pacific Garbage Patch is about 1.6 million square kilometers in size — up to 16 times bigger than previous estimates. That makes it more than double the size of Texas. Ghost nets, or discarded fishing nets, make up almost half the 80,000 metric tons of garbage floating at sea.
90% of all plastic pollution in the Pacific ocean originated in Asia.
DerHundistLos on Tue, 3rd Apr 2018 12:49 am
@ Apeneman
Must I send out an APB to find you? You just bolted w/o saying a word. Not nice.
@ Lucifer
Satan, where in the hell have you been? It’s about time you returned.
Davy on Tue, 3rd Apr 2018 4:14 am
“No need to, I gave the headline. Denmark currently at 44% renewable electricity and 60% in a few years. Denmark is not stalling. The first article that peakyeast posted was about 2030 and worries that Denmark would not achieve 50% primary energy renewable by 2050 and urged that new impulses are needed.”
Denmark has a population the size of a city, neder, please keep things proportional. 44% renewable and surrounded by a EU much lower.