Richard Heinberg: Will the US really be a major energy exporter?
[ I read this the day it was published (January 16, 2017) at resilience.org here, but thought it would be interesting to post in the future to see if the EIA predictions were as optimistic as Heinberg...
View ArticleHow long will the marriage of fracked oil and tar sands last?
[ Below is a post by Art Berman which I found interesting because I’m concerned about whether enough diesel can be made in the future to keep trucks running. Light tight “fracked” oil is better at...
View ArticleIs Peak Oil dead? Not by a long shot! Remember Ladyfern?
Preface. Oil is finite. Period. Don’t be fooled by news stories that peak oil is dead, or we have reached peak demand. They’re all nonsense. Gail Tverberg at ourfiniteworld.com is especially good at...
View ArticleOne of the biggest risks to the world’s financial system is the $3 trillion...
[ Yet another “crash coming soon” post, if it hasn’t happened already (I scheduled this article and others to appear a year or more later, since crashes always take longer to happen than you expect....
View ArticleIEA 2018 World Energy Outlook: Peak oil is here, oil crunch by 2023
Preface. Excerpts from the cleantechnica article below make it clear why there is likely to be a supply crunch as soon as the early 2020s, and the investment implications. Here’s what I’ve gleaned from...
View ArticleWhy “fracked” shale oil and gas will not save us
Preface. As early as 2011 experts were questioning how large fracked natural gas reserves were. The latest IEA 2018 report predicts shale oil/gas could start to decline by 2025, and all global oil as...
View ArticleLimits to growth: Oil & Gas Fracking sand
Preface. Below is an excerpt about fracking sand from Beiser’s 2018 book “The World in a Grain. The Story of Sand and How It Transformed Civilization”. In 2022 fracking sand has gotten so expensive...
View ArticlePeak oil in the news 2023
Preface. Conventional crude oil production may have already peaked in 2008 at 69.5 million barrels per day (mb/d) according to Europe’s International Energy Agency (IEA 2018 p45). The U.S. Energy...
View ArticleWhy do Natural Gas & Oil cost so much?
Preface. Below are excerpts from U.S. House & Senate hearings where various speakers made the case that due to tight fracked gas & oil the United States had 100 or 200 or even 250 years of...
View ArticleWhy tight fracked oil and gas is mostly extracted in the US
Source: Smithsonian. May 2013 map of shale oil and gas formation. fource U.S. EIA & USGS. Preface. Unconventional US (and some Canadian) fracked tight oil was over 90% of how oil production...
View Article
