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Peak Oil Matters

A fresh perspective on the concept of peak oil and the challenges we face

                This is the second half of my observations about a recent addition to the endless parade of hide-most-of-the-facts nonsense from oil industry cheerleaders. The first part is here. The subject matter is an article * published a few weeks ago by Gene Epstein, entitled “Here Comes $75 Oil” […]

              Apparently, the possibility that some innovations might be introduced, if they aren’t already in an undefined but probably—or at least likely—manner in certain instances where there could be some potentially good news provided that certain other events fall into place exactly as some are hoping for at some […]

              Part of the problem with rising oil prices is that they radiate through the economy in many ways: in higher food prices, because oil is used to produce and transport food; in higher metal prices, because oil used in metal production; and in higher 

                We live in a society where it is impossible to live a functional lifestyle and not consume products made from petro-chemicals every single day — electronics, fabrics, painkillers, food additives, cosmetics, fabrics, cleaning supplies, building materials, the list goes on.

              Most authors accept that conventional oil resources are at an advanced stage of depletion and that liquid fuels will become more expensive and increasingly scarce. The tight oil ‘revolution’ has provided some short-term relief, but seems unlikely to make a 

              Most authors accept that conventional oil resources are at an advanced stage of depletion and that liquid fuels will become more expensive and increasingly scarce. The tight oil ‘revolution’ has provided some short-term relief,

              [D]isputes over the precise timing of a global peak in conventional oil production are unhelpful. What is more relevant is the

              Gail Tverberg shares some of the most insightful observations about the connection between economic growth and energy. In an article posted at her website several weeks, she raised issues which are too often shunted aside in the primary debate of 

                Richard Heinberg and Chris Martenson, two of the most respected and thoughtful advocates publicly urging greater awareness of peak oil, recently teamed up for a broad and informative discussion about energy supply. [Unless otherwise noted all quotes here are taken from their conversation.]

                This is a follow-up to Monday’s post, in which I discussed some of the conclusions offered in a 2013 report issued by Tullet Prebon, a British financial services firm, and authored by Dr. Tim Morgan, Global Head of Research: PERFECT STORM – ENERGY, FINANCE, AND THE END OF […]