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Peak Permian, Global Peak Oil will happen in 2020's

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

Re: Peak Permian, Global Peak Oil will happen in 2020's

Unread postby AgentR11 » Fri 13 Jun 2025, 12:24:05

I'm not a shill for the status quo, but the status quo IS (by definition) the way things are currently; and we've hit peak, and nothing interesting is really happening, at least with regard to energy use. We're burning coal, oil, and gas just like we have in the past. "The System" is extremely durable, and that isn't likely to change in our lifetimes. There'll be periodic runs of inflation, recession, and maybe even a depression or two, but food will make it to market; people will find ways to make the mile or two trip to the grocer. I see people making the walk from apartment to grocer already. Its really not far, I've walked it myself, and I used to bike it most of the time. But most still drive. And for the foreseeable future, this will be the case.

Peak Oil is science and math.

Collapse is a nightmare fairy tale. Nothing more.
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And so shall we remain,
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Re: Peak Permian, Global Peak Oil will happen in 2020's

Unread postby AdamB » Fri 13 Jun 2025, 14:34:01

$this->bbcode_second_pass_quote('AgentR11', 'I')
Peak Oil is science and math.


Close. When I was doing the peak oil speaking circuit a decade or more ago, I used Ternary plots as part of the presentations. There are three specialties (which can be the equivalent of sciences) involved in solving the peak oil puzzle.

These were the engineering of development (new tech, old tech, someone has to be the engineer to get it done), the petroleum geology basics (resource and reserve location and availability as a characteristic of hydrocarbon creation and migration) , and the economists, working on the cost of development of certain resources under different price scenarios.

I'm aware of only 2 organizations that combined all 3 to create a dynamic peak oil calculator. One is available as part of commercially available information packages, you can go out and buy it, and then create your estimate of peak oil based on conditions of the three specialties mentioned. The 2nd one is not publically available. I'm betting there are others though (there are plenty of one or two science types though, and then the pure morons who just slap bell shaped curves on data they don't understand and call it GOOD). This type of work just isn't very visible because those of us who were doing it back then didn't necessarily advertise. And the topic self destructed under US LTO and shale gas development.

$this->bbcode_second_pass_quote('AgentR11', '
')Collapse is a nightmare fairy tale. Nothing more.


Yeah, peak oil was the mechanism to race as fast as possible to doom and gloom. There is a fascination those who worship at the temple of Apocalypticism to just rinse and recycle, these folks have been around long enough to really be considered a religion of some sort. Although honestly, most religions just seem to have incorporated some of the precepts from these End Times folks.

Peak oil was just a convenient "scare the rubes into my religion!" thing. And back during the hayday? There were rubes a-plenty!!!
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Peak Permian, Global Peak Oil will happen in 2020's

Unread postby theluckycountry » Fri 13 Jun 2025, 16:37:08

$this->bbcode_second_pass_quote('AgentR11', 'I')'m not a shill for the status quo, but the status quo IS (by definition) the way things are currently; and we've hit peak, and nothing interesting is really happening, at least with regard to energy use. We're burning coal, oil, and gas just like we have in the past.


Well you and I are, but were well back from the beach so to speak and the tsunami hasn't reached us yet. There are many nation on the beach, of which I've posted on here before, third world ones like Myanmar and Sri Lanka And Bangladesh and Brazil etc etc, that have lost access to the oil they once have and are being plunged into poverty. Then you have all of Western Europe too where the tsunami is just now reaching. That's supply and demand, they lose out so we can continue as before.

But even in the US there are signs, the homeless explosion, the ever greater reliance on debt because people can't afford what they once could. It's all oil related because oil is the master resource that fueled all modern growth in the first place. We're just slowly going back to life as it was before oil is all. But it isn't always a steady decline, there can be big steps down. Many of the issues are framed in terms of finances, "they can't afford it because they have run out of foreign reserves" But where did all the reserves go? Paying for high priced oil and fertilizer that's where.

At $20 a barrel the world was a merry-go-round, now it's a roller-coaster and cars are flying off the track. Our turn will come, but like you say, perhaps not in our lifetime.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Peak Permian, Global Peak Oil will happen in 2020's

Unread postby theluckycountry » Fri 13 Jun 2025, 16:51:08

Here is a good example of the Spin used to coverup the consequences of oil depletion. Sure there's plenty of Oil left, but it's getting expensive just in relative terms.

Bangladeshi farmers grow “safe” vegetables
$this->bbcode_second_pass_quote('', 'T')hese farmers in Bogura District, northwestern Bangladesh, have chosen to learn to farm with natural pest control instead of synthetic pesticides. They have seen the negative effects of long-term use, abuse and overuse of pesticides on the health of farmers, consumers and the environment.
https://christianleadermag.com/banglade ... egetables/

Sure it's healthier, but pesticides are very expensive now (made from oil) How much of their crops are they losing to pests now? Who knows, but the simple fact is they can't afford the oil products so it's back to the old ways.
$this->bbcode_second_pass_quote('', '
')In April 2021, Sri Lanka made headlines: the country banned agrochemicals overnight, aiming to become the world's first fully organic farming nation.
They couldn't afford them any more.
$this->bbcode_second_pass_quote('', '
')This bold decision was officially driven by concerns to address, for example, the epidemic of the chronic kidney disease (CKDu) assumed to be associated with agrochemicals. (Spin) It was also a strategic decision to alleviate pressure on dwindling foreign reserves needed for fertilizer imports during a crippling economic crisis. (The truth of the matter) But just seven months later, the government was forced to reverse course amid devastating consequences. Rice harvests dropped by 32%, tea production fell by 18%, and the resulting agricultural collapse triggered widespread food insecurity and economic losses, including an estimated $425 million in lost tea exports alone.

Sri Lanka’s short-lived agricultural revolution raises a critical question: can a country realistically undergo a complete transformation toward organic agriculture on a national scale?
https://www.iwmi.org/blogs/challenges-a ... formation/
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Peak Permian, Global Peak Oil will happen in 2020's

Unread postby theluckycountry » Fri 13 Jun 2025, 16:57:23

PekOil in action here too.
$this->bbcode_second_pass_quote('', 'S')ep 2024- Due to heavy reliance on imported fuel to run Bangladesh's energy sector, the country now requires $5.7 billion annually to cover the cost of power from India, as well as Liquefied Natural Gas (LNG), coal, and petroleum products for power generation
https://www.tbsnews.net/bangladesh/exce ... ing-940861
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Peak Permian, Global Peak Oil will happen in 2020's

Unread postby AdamB » Fri 13 Jun 2025, 20:14:30

$this->bbcode_second_pass_quote('theluckycountry', '
')Bangladeshi farmers grow “safe” vegetables
$this->bbcode_second_pass_quote('', 'T')hese farmers in Bogura District, northwestern Bangladesh, have chosen to learn to farm with natural pest control instead of synthetic pesticides. They have seen the negative effects of long-term use, abuse and overuse of pesticides on the health of farmers, consumers and the environment.
https://christianleadermag.com/banglade ... egetables/
Image
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Peak Permian, Global Peak Oil will happen in 2020's

Unread postby theluckycountry » Sat 14 Jun 2025, 04:08:39

1970 was the peak of America's prosperity, their own peakOil moment. All downhill since then.

Image
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Peak Permian, Global Peak Oil will happen in 2020's

Unread postby AdamB » Sat 14 Jun 2025, 14:36:44

$this->bbcode_second_pass_quote('theluckycountry', '1')970 was the peak of America's prosperity, their own peakOil moment. All downhill since then.


There are smart folks, and then average folks, and then mentally challenged folks, and then mentally challenged AND uneducated folks, and then Australians named Lucky. Look! Pictures for the illiterate!

Someone said something about downhill since 1970? Oh right, those dumber than the mentally challenged and uneducated!

Image
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Peak Permian, Global Peak Oil will happen in 2020's

Unread postby theluckycountry » Thu 19 Jun 2025, 05:32:47

We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Peak Permian, Global Peak Oil will happen in 2020's

Unread postby AdamB » Fri 20 Jun 2025, 21:08:25

$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('theluckycountry', '1')970 was the peak of America's prosperity, their own peakOil moment. All downhill since then.

Someone said something about downhill since 1970? Oh right, those dumber than the mentally challenged and uneducated!

Why in the WORLD would someone not want to post about this little OOPSY they made?
Image


POLLY!!!
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Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Peak Permian, Global Peak Oil will happen in 2020's

Unread postby AgentR11 » Sun 22 Jun 2025, 21:05:03

Looking at the EIA's international oil and condensate line, it looks like we're kinda flat at 81Mb/day for the last three years. I don't know how I feel about adding in all that other extra stuff that isn't as useful as oil, so things look like this is where global peak is. Of course there's lots of political stuff interfering with a clear read, Russia, Iran, Yemen, etc; but I think there's a balance of demand and production happening here that is more than just the impact of the latest headline.

So real question, how long can the world hold production above 80Mb/Day; math does not demand a quick decline by any stretch, maybe ten years from now, we'll still have 80Mb/Day+; sounds good to me.
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Re: Peak Permian, Global Peak Oil will happen in 2020's

Unread postby AdamB » Sun 22 Jun 2025, 23:00:22

$this->bbcode_second_pass_quote('AgentR11', 'L')ooking at the EIA's international oil and condensate line, it looks like we're kinda flat at 81Mb/day for the last three years.

The last time I checked the annual numbers, 2018 was global peak. I believe the 6th claimed or occurred this century.

Lease condensate MUST be added in with the oil totals because it is. Oil. As in liquids, at the wellhead, in a tank. It is the "Total Liquids" category that is a crock, and useless.

$this->bbcode_second_pass_quote('AgentR11', '
')So real question, how long can the world hold production above 80Mb/Day; math does not demand a quick decline by any stretch, maybe ten years from now, we'll still have 80Mb/Day+; sounds good to me.


The best models to date revealed some basic answers, one of them is that there is no resource requirement for a global peak this half of the century. However, that model factored in all of the technical, economic and geologic resource information, which normal peak oil models don't. The effect of that complex a system is that the answer is dependent on price, so if someone supposes a low price through 2050, a peak was completely posible, again, post 2018. And if the price was higher, there was no resource constraint requiring a peak prior to 2050...with perhaps only a limit on oil growth above teh average in the past. I forget the exact numbers, I only remember they weren't spectacular growth under higher prices, but were reaosnable. Past 2050 wasn't considered.
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Peak Permian, Global Peak Oil will happen in 2020's

Unread postby AgentR11 » Mon 23 Jun 2025, 01:10:36

2050 puts me in my mid-80s; don't think I intend to drive that late in life. Wonder if I'll live long enough to see the answer to that question. :lol:
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Re: Peak Permian, Global Peak Oil will happen in 2020's

Unread postby theluckycountry » Mon 23 Jun 2025, 07:03:10

$this->bbcode_second_pass_quote('AgentR11', 'L')ooking at the EIA's international oil and condensate line, it looks like we're kinda flat at 81Mb/day for the last three years.


Yes no problems hey. And when you look at the dept of labor data there is nearly full employment at around 4.2%. Likewise the infrastructure is good and improving all the time according to the US ASCE, and the FED says business is the best in 20 years. It looks like America is in a boom, I'd be taking out a few more credit cards and celebrating.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Peak Permian, Global Peak Oil will happen in 2020's

Unread postby AdamB » Mon 23 Jun 2025, 11:47:44

$this->bbcode_second_pass_quote('AgentR11', '2')050 puts me in my mid-80s; don't think I intend to drive that late in life. Wonder if I'll live long enough to see the answer to that question. :lol:


The problem, and PRIME question is...how long do you have to wait after a given peak (national or global) before you can be sure it was indeed THE peak?

The global 1979 peak oil lasted nearly 15 years. The current global peak has been in place for 7 years. The US 1970 peak lasted what, half a century?

It became quickly apparent to anyone who has done even a little peak research (even back when there were legions of suckers to sell it to as a doom scenario) that a peak isn't any sort of be all, end all of doom. You've got to wait around to watch as the supply/demand/price relationship works itself out, as obviously nations and the world itself has done just fine, for a decade, or five, and the world for 15 years at least, waiting around to see if it is the FINAL peak.
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Re: Peak Permian, Global Peak Oil will happen in 2020's

Unread postby Armageddon » Tue 24 Jun 2025, 23:09:26

$this->bbcode_second_pass_quote('AgentR11', 'L')ooking at the EIA's international oil and condensate line, it looks like we're kinda flat at 81Mb/day for the last three years. I don't know how I feel about adding in all that other extra stuff that isn't as useful as oil, so things look like this is where global peak is. Of course there's lots of political stuff interfering with a clear read, Russia, Iran, Yemen, etc; but I think there's a balance of demand and production happening here that is more than just the impact of the latest headline.

So real question, how long can the world hold production above 80Mb/Day; math does not demand a quick decline by any stretch, maybe ten years from now, we'll still have 80Mb/Day+; sounds good to me.



Is this why global debt is adding trillions per year?
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Re: Peak Permian, Global Peak Oil will happen in 2020's

Unread postby AdamB » Wed 25 Jun 2025, 17:39:58

$this->bbcode_second_pass_quote('Armageddon', '')$this->bbcode_second_pass_quote('AgentR11', 'L')ooking at the EIA's international oil and condensate line, it looks like we're kinda flat at 81Mb/day for the last three years. I don't know how I feel about adding in all that other extra stuff that isn't as useful as oil, so things look like this is where global peak is. Of course there's lots of political stuff interfering with a clear read, Russia, Iran, Yemen, etc; but I think there's a balance of demand and production happening here that is more than just the impact of the latest headline.

So real question, how long can the world hold production above 80Mb/Day; math does not demand a quick decline by any stretch, maybe ten years from now, we'll still have 80Mb/Day+; sounds good to me.



Is this why global debt is adding trillions per year?


No. Global peak oil is like so....7 years ago. If the US is finally having a peak (again) as the EIA has been indicating lately....uh.....we did fine for the near half a century it happened last time before we decided that we needed to kick in a little of that exceptionalism and do it all over again.
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Re: Peak Permian, Global Peak Oil will happen in 2020's

Unread postby theluckycountry » Wed 25 Jun 2025, 18:55:44

$this->bbcode_second_pass_quote('AdamB', ' ')Image
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Peak Permian, Global Peak Oil will happen in 2020's

Unread postby careinke » Sun 29 Jun 2025, 03:30:51

$this->bbcode_second_pass_quote('AgentR11', '2')050 puts me in my mid-80s; don't think I intend to drive that late in life. Wonder if I'll live long enough to see the answer to that question. :lol:


You won't have to, your car will do its own driving for you.

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Re: Peak Permian, Global Peak Oil will happen in 2020's

Unread postby AdamB » Sun 29 Jun 2025, 09:12:11

$this->bbcode_second_pass_quote('careinke', '')$this->bbcode_second_pass_quote('AgentR11', '2')050 puts me in my mid-80s; don't think I intend to drive that late in life. Wonder if I'll live long enough to see the answer to that question. :lol:


You won't have to, your car will do its own driving for you.

Peace


Have you been allowing yours to "robo" drive you around yet? I think that would scare the crap outta me at first.
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