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Peak Oil Matters

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

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Tag: Bakken

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As a lead-in to discussing the main theme of this series: the role System Justification plays in the climate change/peak oil denial strategy, it would be useful to provide a brief summary of some of the more pressing and critical facts suggesting an issue or two in Fossil Fuel Production Land….

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This is a follow-up to my most recent post, in which I offered a few observations on commentary attempting to debunk the concept of peak oil courtesy of this recent article by John Kemp. [Quotes here are from the Kemp article unless noted otherwise.]  continue reading…

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Those of us paying attention to oil supply issues are on occasion torn by decisions as to whether to simply be amused by the maddening, cherry-picked attempts at analysis of the “myth” of peak oil [similar to the myth of gravity], or  just annoyed as hell that even the simplest concepts are either lied about or are so baffling to the anti-fact crowds that their only option is to nonetheless display their lack of understanding by passing along nonsense and misleading pseudo-facts to an unsuspecting public. continue reading…

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Recent publications featuring the impressive tales of the billions made by oil industry entrepreneurs does have a certain appeal to it, whether one is a cynic or fawning admirer. The levels of success and wealth enjoyed by those few—ignoring the not-always idealistic paths ushering continue reading…

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CAPEX, AGAIN

 

[T]he 2013 WEO has the oil industry’s upstream capex [see this and this] rising by nearly 180 per cent since 2000, but the global oil supply continue reading…

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An observation worth noting … and pondering, from the Energy Policy Information Center: continue reading…

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An observation worth noting … and pondering, from Ron Patterson*: continue reading…

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An observation worth noting … and pondering, from David Hughes: continue reading…

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An observation worth noting … and pondering, from Raymond T. Pierrehumbert: continue reading…

 

 

 

 

 

 

 

An observation worth noting … and pondering, from Steve LeVine

If Montana is a microcosm of the world, one message to glean is that we are not in the midst of a decades-long flood of oil supply in the United States, as many suggest. Instead, the red lights are blinking across the exuberant U.S. oil patch. As  continue reading…