Insight and inspiration in turbulent times.
My interpretation is that the uptick [in world oil production] is part of the normal up-and-down jitter in the production curve. Worldwide, there have not been major discoveries or innovations that would put a permanent dogleg in the long-term trend.
Ultimately, says Deffeyes, we may just have to resign ourselves to relying more on coal, wind, and nuclear fission for electricity and switching to high-efficiency diesel and hybrid automobiles in order to ration our remaining oil reserves for as long as possible. Abundant energy from fossil fuels was a one-time gift, Deffeyes concludes, that lifted humanity up from subsistence agriculture and has led to a future based on renewable resources
Seventeen organizations–chemical companies as well as environmental and conservation groups–fired off a letter to Congress last week urging a new energy policy to solve the nation’s natural gas crisis.
India panicked over future oil supply went after international oil assets competing directly with China. Both China and India may be wrong in their approach, which will not solve their problem and may turn out a very costly experiment for both the countries.
Clifford, 49, is an oil man, one in a growing stable of risk takers hunting new supplies of natural gas around Cook Inlet. They’re drawn by a big surge in gas prices, plus forecasts of a looming shortage for gas-addicted Southcentral Alaska.
And the one mantra rising above the conference chatter that might create enough political muscle to kick-off that shift [to renewables] can be summed up in two words: National Security.
World supply is so precious that more price spikes are inevitable …”The first message American consumers need to hear,” says A. G. Edwards’s O’Grady, “[is] if you think the price of oil and gasoline has been volatile, you ain’t seen nothin’ yet.” (Excellent article)
Concern over world’s oil supply fuels discussion over alternatives, technology
Let’s start with the premise that resource scarcity and rising costs cause the global economy to contract. Let’s not be concerned here with the timing, but consider what can be expected and what our adapting strategies should be to conditions that force descent.
I recently saw the movie “The End of Suburbia”…The movie and the organization are about looking to the future to see what we as a civilization will do when oil prices start to increase substantially.
New greenhouse-gas emissions from China, India, and the US will swamp cuts from the Kyoto treaty.
When I went to work for Mobil Oil in 1966, M. King Hubbert’s prediction that Lower 48 crude oil production would peak in 1970 was controversial. Debate over the timing of the peak in global oil production can be taken as an indicator that it is getting close.
