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Big Oil warns of coming energy crunch

General discussions of the systemic, societal and civilisational effects of depletion.

Big Oil warns of coming energy crunch

Unread postby baldwincng » Fri 05 Aug 2005, 06:34:29

An article in today's FT (page 9) "Big Oil warns of coming energy crunch"
By Carola Hoyos in London" says:

$this->bbcode_second_pass_quote('', 'I')nternational oil companies have begun advertising campaigns warning that the world is running out of oil and calling on the public to help the industry do something about it.

The world's five largest energy groups generally maintain that oil projects are viable with the price at $20-$25 a barrel. But their advertising and some of their own statistics appear to tell a different story.


The full article is for subscribers only but cites ExxonMobil's Outlook for Energy 2030 (non Opec peak in 5 years), Chevron's advertising campaign, Total, Shell, BP.....lots of evidence which adds up to "Houston, we have a problem". On the same page in the FT is an article titled

Simulation shows US held over a barrel by oil supply interruption

$this->bbcode_second_pass_quote('', 'T')errorists yesterday struck oil facilities in the US and Saudi Arabia, pushing oil prices to a record $120 a barrel and doubling to $5,214 the expected annual petrol bill for the average US household. Economists warned of the imminent collapse of the US's economic recovery and a loss of more than 2m jobs, the largest drop since 1945.

While none of this is true, the scenario is thoroughly plausible, according to high-ranking former government, military and intelligence officials who made up the US cabinet in a simulation exercise that is gaining increasing attention from members of Congress, the White House and oil executives
.


Exciting times, thank goodness we can do with natural gas everything (apart from fuel planes) we can do with oil and there's loads of it about. Once oil is >$100/bbl it will spur a bit of action, natural gas buys some time to build windmills and nuclear power stations and insultae the loft etc
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Unread postby Quicksilver » Fri 05 Aug 2005, 07:59:04

World natural gas production will probably peak at around 150 tcf . It is not as abundant as we all think. Production will peak within 10 years of oil peaking.
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Unread postby clv101 » Fri 05 Aug 2005, 08:14:46

$this->bbcode_second_pass_quote('Quicksilver', 'W')orld natural gas production will probably peak at around 150 tcf . It is not as abundant as we all think. Production will peak within 10 years of oil peaking.

And does that "10 years of oil peaking" take into account the increased demand placed on gas after oil has peaked? No one knows what's going to happen in the 10 years after oil peaks so what demand predictions are used to say that gas has 10 years until peak after oil as peaked?
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Unread postby Quicksilver » Fri 05 Aug 2005, 09:52:10

$this->bbcode_second_pass_quote('clv101', '')$this->bbcode_second_pass_quote('Quicksilver', 'W')orld natural gas production will probably peak at around 150 tcf . It is not as abundant as we all think. Production will peak within 10 years of oil peaking.

And does that "10 years of oil peaking" take into account the increased demand placed on gas after oil has peaked? No one knows what's going to happen in the 10 years after oil peaks so what demand predictions are used to say that gas has 10 years until peak after oil as peaked?


In my calculations yes. Natural Gas production will most likely grow by at least 7% per year to compensate for peaking oil production so gas could peak even sooner than than 10 years after the oil peak. I was being optimistic. Once oil peaks the world will quickly reach peaks in coal and gas production
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Unread postby gg3 » Fri 05 Aug 2005, 10:14:32

Ten years is enough time to build a nuke, and we have six on the drawing boards going through permitting right now. If all of those get built, assuming an average 800 MW each, that's 4.8 GW.

It's also double the time needed to build a windfarm and at present the big ones appear to be stalled by NIMBYs. I don't recall the stats for those at the moment because there isn't a "standard size" but assume another 500 - 600 MW total.

Someone needs to go to the houses of those NIMBYs and pull their main circuit breakers just to give 'em a taste of life w/o non-fossil fuels.

So now we have about 5-1/2 GW lined up. How much natural gas can that replace? That is, how many years of post-peak-gas doe it buy us?
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Unread postby Ludi » Fri 05 Aug 2005, 10:46:40

$this->bbcode_second_pass_quote('', 'A') nuclear power plant hasn't been built in the United States in two decades, but that could change in the next few years after a consortium announced locations in six states as possible sites for a nuclear renaissance.

Nuclear power consortium NuStart Energy on Thursday named the sites from which it will later pick two for which to apply for licenses to build and operate nuclear power plants.


http://www.msnbc.msn.com/id/7921287/

Two plants, not six, and the licenses haven't been applied for yet.
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Unread postby Cynus » Fri 05 Aug 2005, 11:10:23

Of course nukes and windmills won't power the auto and air fleet, unless we switch to electric cars. Do you have any idea how much electricity it would require to power the entire US auto fleet with electricity? I don't, but I know it's a lot. More than 4 new nuke plants and windmills will be able to cover. While we're building those nuke plants we need to be getting into rail bigtime. We might be able to power electric trains.
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Unread postby MonteQuest » Fri 05 Aug 2005, 11:23:56

$this->bbcode_second_pass_quote('gg3', 'T')en years is enough time to build a nuke, and we have six on the drawing boards going through permitting right now. If all of those get built, assuming an average 800 MW each, that's 4.8 GW.


Those plants are to meet expected new electrical demand, not provide excess to replace any fossil fuel decline.

$this->bbcode_second_pass_quote('', 'S')omeone needs to go to the houses of those NIMBYs and pull their main circuit breakers just to give 'em a taste of life w/o non-fossil fuels.



I think you will find that most of those NIMBYS would rather have quality of life than quantity. Perhaps someone needs to go the houses of those demanding more "taste of life" and pull their energy consuming plugs. Nukes are unsustainable and leave a legacy of contamination for the future to deal with. We should not go there, regardless of the consequences. Life will go on without nukes.
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Power Plant Fuel Consumption

Unread postby aflatoxin » Fri 05 Aug 2005, 11:37:26

A GE Frame 7 FA combined cycle power plant produces about 290 Mw using inlet air cooling and duct burners. It burns about 2000 kscfh of natural gas fuel.

Two of these make about 600 Mw (rounding off) burn 4000 kscfh, or about 4000 MMBTU/hr. So a 6 Gw Nuke plant would replace 40,000 MMBTU of natural gas, per hour

Of course, getting the gas from the hole to plant also uses gas, so there would be additional savings there too.
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Unread postby Eli » Fri 05 Aug 2005, 11:44:35

Lng is not going to be able to keep up with the current decline of NG in North America.

We are in decline as far as a natural gas production goes and so is the North sea and Britain. Mexico is a net NG importer now.

Nuclear and everything else is going to be needed to offset the current decline. The human race is going to have to through everything including the kitchen sink at the problem of declining energy of all kinds.

Environmental concerns are going to largely vanish like a fart in the wind if there is a serious heating oil shortage in the North East combine that with a NG decline and you have the makings of a crisis that will destroy lives and the whole economy.

We could easily be fighting to stay warm. People are going to install wood burners mark my word. It is going to get very bad very quickly.Gas decline
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Unread postby 0mar » Fri 05 Aug 2005, 12:41:57

$this->bbcode_second_pass_quote('gg3', 'T')en years is enough time to build a nuke, and we have six on the drawing boards going through permitting right now. If all of those get built, assuming an average 800 MW each, that's 4.8 GW.

It's also double the time needed to build a windfarm and at present the big ones appear to be stalled by NIMBYs. I don't recall the stats for those at the moment because there isn't a "standard size" but assume another 500 - 600 MW total.

Someone needs to go to the houses of those NIMBYs and pull their main circuit breakers just to give 'em a taste of life w/o non-fossil fuels.

So now we have about 5-1/2 GW lined up. How much natural gas can that replace? That is, how many years of post-peak-gas doe it buy us?


Probably a few weeks, maybe a couple months at the most.
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Re: Big Oil warns of coming energy crunch

Unread postby cube » Fri 05 Aug 2005, 17:06:25

$this->bbcode_second_pass_quote('baldwincng', '
')
Simulation shows US held over a barrel by oil supply interruption

$this->bbcode_second_pass_quote('', 'T')errorists yesterday struck oil facilities in the US and Saudi Arabia, pushing oil prices to a record $120 a barrel and doubling to $5,214 the expected annual petrol bill for the average US household. Economists warned of the imminent collapse of the US's economic recovery and a loss of more than 2m jobs, the largest drop since 1945.

While none of this is true, the scenario is thoroughly plausible, according to high-ranking former government, military and intelligence officials who made up the US cabinet in a simulation exercise that is gaining increasing attention from members of Congress, the White House and oil executives

I do not consider a terrorist attack on a major oil installation to be a big deal when looking at the "long term" scenario. In this case long term means 100 years. Even if the Ras Tanura oil refinery in SA got completely blown up that would only cause a temporary shortage until the refinery got fixed. But PO will cause a permanent oil shortage.

So why should a terrorist blow himself up to cause a temporary oil shortage when he can just simply sit down and relax and wait for a couple years to let nature enforce a permanent oil shortage on the world.
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Unread postby Novus » Fri 05 Aug 2005, 18:57:15

$this->bbcode_second_pass_quote('Cynus', 'O')f course nukes and windmills won't power the auto and air fleet, unless we switch to electric cars. Do you have any idea how much electricity it would require to power the entire US auto fleet with electricity? I don't, but I know it's a lot. More than 4 new nuke plants and windmills will be able to cover. While we're building those nuke plants we need to be getting into rail bigtime. We might be able to power electric trains.


The amount of power needed to power the the entire US auto fleet I read in a Popular Science article was 17 Terawatts or 17000 Gigawatts. To make that much power we would need to build 10 new nuclear power plants every month for 20 years.

Understanding this fundamental truth means becoming a doomer.
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Unread postby ubercrap » Fri 05 Aug 2005, 20:25:45

$this->bbcode_second_pass_quote('Novus', '')$this->bbcode_second_pass_quote('Cynus', 'O')f course nukes and windmills won't power the auto and air fleet, unless we switch to electric cars. Do you have any idea how much electricity it would require to power the entire US auto fleet with electricity? I don't, but I know it's a lot. More than 4 new nuke plants and windmills will be able to cover. While we're building those nuke plants we need to be getting into rail bigtime. We might be able to power electric trains.


The amount of power needed to power the the entire US auto fleet I read in a Popular Science article was 17 Terawatts or 17000 Gigawatts. To make that much power we would need to build 10 new nuclear power plants every month for 20 years.

Understanding this fundamental truth means becoming a doomer.


That power generation scenario seems a little excessive, not every car would be charging at the same time, and most cars would likely be charging at night, off-peak. Oh well, I think it would be incredibly desirable to massively scale down car use, especially in the U.S., regardless of peak oil
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Unread postby jdmartin » Sat 06 Aug 2005, 00:53:07

$this->bbcode_second_pass_quote('ubercrap', '')$this->bbcode_second_pass_quote('Novus', '')$this->bbcode_second_pass_quote('Cynus', 'O')f course nukes and windmills won't power the auto and air fleet, unless we switch to electric cars. Do you have any idea how much electricity it would require to power the entire US auto fleet with electricity? I don't, but I know it's a lot. More than 4 new nuke plants and windmills will be able to cover. While we're building those nuke plants we need to be getting into rail bigtime. We might be able to power electric trains.


The amount of power needed to power the the entire US auto fleet I read in a Popular Science article was 17 Terawatts or 17000 Gigawatts. To make that much power we would need to build 10 new nuclear power plants every month for 20 years.

Understanding this fundamental truth means becoming a doomer.


That power generation scenario seems a little excessive, not every car would be charging at the same time, and most cars would likely be charging at night, off-peak. Oh well, I think it would be incredibly desirable to massively scale down car use, especially in the U.S., regardless of peak oil


I don't know if the numbers are right, but it doesn't really matter what time of day the cars would be charging. Lets assume that everyone could charge at once and the plants could handle it. What difference would it make if the plants needed 17k gigawatts all at once, or over a 24 hour period? It likely consumes the same amount of fuel, roughly. So if you're using uranium, you either need a whole bunch at once or a slow steady feed all the time.

I agree that it would be incredibly desirable to scale down car use. If there was a train that went past my job I would love to ride it. How nice it woud be to spend my commute reading a book or taking a nap.
After fueling up their cars, Twyman says they bowed their heads and asked God for cheaper gas.There was no immediate answer, but he says other motorists joined in and the service station owner didn't run them off.
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Unread postby SHiFTY » Sat 06 Aug 2005, 15:22:36

$this->bbcode_second_pass_quote('', 'I')f there was a train that went past my job I would love to ride it. How nice it woud be to spend my commute reading a book or taking a nap.


I catch the London Underground (the Tube) to and from work each day; about 10 miles each way. Takes me about 25 mins each way, thats a decent amount of reading time. I easily get through a book a week!

Still with the terrar its made it less enjoyable :(
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Unread postby pilferage » Sat 06 Aug 2005, 17:26:49

$this->bbcode_second_pass_quote('MonteQuest', ' ')Nukes are unsustainable...


Since when? I suppose in the long run everything is unsustainable, the sun will die, the universe will continue expanding and die... But lets keep this to the next few thousand years for the sake of argument.
http://en.wikipedia.org/wiki/Breeder_reactor
Last edited by pilferage on Sat 06 Aug 2005, 18:56:52, edited 1 time in total.
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Unread postby Ludi » Sat 06 Aug 2005, 18:16:49

$this->bbcode_second_pass_quote('pilferage', '')$this->bbcode_second_pass_quote('MonteQuest', ' ')Nukes are unsustainable...


Since when? I suppose in the long run everything is unsustainable, the sun will die, the universe will continue expanding and die... But lets keep this to the new few thousand years for the sake of argument.
http://en.wikipedia.org/wiki/Breeder_reactor


Here's a discussion of why nukes are unsustainable:

http://www.greatchange.org/bb-thermoche ... y_rev.html
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Unread postby Dezakin » Sat 06 Aug 2005, 18:19:47

$this->bbcode_second_pass_quote('', 'N')ukes are unsustainable


This is laughable given that we've illustrated by the numbers how unsustainable nukes are to Montequest. If we ran all of civilization at ten times our current power consumption there is still enough nuclear fuel for hundreds of millions of years; Monte's response was 'well, we cant afford them then. We have no money.' or some such ignorant nonsense.

I guess everything is eventually unsustainable as you approach the heat death of the universe and timelike infinity. I assume he just meant he doesn't like them.
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Unread postby pilferage » Sat 06 Aug 2005, 18:46:15

$this->bbcode_second_pass_quote('Ludi', 'H')ere's a discussion of why nukes are unsustainable:

http://www.greatchange.org/bb-thermoche ... y_rev.html


Did you read that? Their discussion of breeder reactors involves no discussion at all! All they state is that fast breeding programs have turned out to be failures... Contrary to what the wikipedia article states. There haven't been many applications because we don't need them. We have plenty of fuel given the number of reactors we have, if the number changes I garauntee we'll see more emphasis on breeders.

In fact, it seems as if they haven't thought much about the CO2 issue at all. It's glaringly obvious that the more electrical energy we produce, the more we'll use for construction of the same power plants (especially if we factor in the decline of oil/NG). Naturally the first few plants will require substantial production of CO2 via ff's. But as we turn to electricity (aka hydrogen) more, we'll see less ff powered equipment and the amount of CO2 released in building these will decline monotonically.

Here's something else to chew on from another Phd.
http://www.nationalcenter.org/NPA378.html
etc...
http://www.nuc.berkeley.edu/designs/ifr/
http://www.anlw.anl.gov/anlw_history/reactors/ifr.html
If the article is correct, then IFR's are the safest, cheapest example of nuclear power to date.
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