Peak oil – Mar 19
•Europe facing peak oil •International oil companies’ oil production peaked in 2004 and declined by 2.1 % pa •UK more vulnerable from disruption to oil supplies •Greenland government falls as voters send warning to mining companies
•Europe facing peak oil •International oil companies’ oil production peaked in 2004 and declined by 2.1 % pa •UK more vulnerable from disruption to oil supplies •Greenland government falls as voters send warning to mining companies
Larry Hagman, the late U.S. actor that played the bombastic oilman JR Ewing, often quipped that the TV soap opera Dallas brought down the mighty Soviet Union. "The opulence, the consumerism, the food, the cars — these things made them want more than their governments provided them," claimed Hagman.
Economist Jeff Rubin and environmentalist David Suzuki might seem an unlikely pairing. But they’ve been touring Canada together, talking about the natural limits to growth from their very different perspectives. This event was staged as part of Calgary’s WordFest.
At the beginning of January I was invited to give a presentation and participate in a panel discussion on Peak Oil. Maybe this is not such a huge surprise but what was surprising was that the invitation was to a symposium titled “Peak Oil: Challenges and Opportunities for GCC Countries” that is to be held in Doha, Qatar. The lead organiser of the meeting is the “Arabic and International Relations Forum” and “Qatar Environment and Energy Research Institute” that is part of the Qatar Foundation.
For Tad Patzek, Peak Oil – not climate change – poses the greatest risk to human health and survival on Earth. The chair of the Department of Petroleum and Geosystems Engineering at the University of Texas and co-author with Joseph Tainter of Drilling Down: The Gulf Oil Debacle and Our Energy Dilemma, Patzek does not deny climate change or the notion that the human use of CO2 has helped caused it. It’s just that climate change has already been set in motion, and it will take 80,000 to 100,000 years to reverse it. This is, the Polish-born Patzek says, "for us, an infinite time."
•Hydrocarbons and Depletion: Shale gas technology to the rescue? •The great oil swindle •Shale Monster •Lord Browne promises to invest ‘whatever it takes’ in UK fracking •Ban Hydraulic Fracturing in New Mexico
•Critical Part of Keystone Report Done by Firms with Deep Oil Industry Ties •The spreading slick of blame for the BP Deepwater Horizon oil spill •Statoil may abandon US Arctic drilling leases •Peak Oil, The Shale Boom and our Energy Future: Interview with Dave Summers
•Total production by the five "major" oil producers has fallen by a quarter since 2004 •Ten Reasons to Take Peak Oil Seriously •’Peak oil’ doomsayers proved wrong •Is shale oil losing its lustre? •Doomsday warning on fuel stock •A hard tap to turn
The world has warmed by approximately 0.7 degrees Celsius in the 200 years since fossil fuels began to be used on any significant scale[1]. The rate at which the planet is heating up could be accelerating and 2010 was the hottest year since the global record began, 131 years ago[2]. All ten of the warmest years on record have occurred since 1998.
When peak oil first came to widespread public attention some 10 or 15 years ago, there was some debate about whether peak oil was the solution to climate change caused by carbon emissions.
A weekly review including: 1. Oil and the Global Economy, 2. The Middle East, 3. Climate Change, 4. Europe, 5. Quote of the Week
6. The Briefs
•Keystone XL pipeline takes centre stage at Washington protest •Some Environmental Issues Surrounding Keystone XL •Ten Reasons to Take Peak Oil Seriously •Arctic needs protection from resource rush as ice melts, says UN •Shale oil fails to dent Middle East shipments