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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: oil production

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The economic effects of peak oil are as obvious as they are frightening. The most immediate effect is to increase oil prices, and this has its own effect of slowing the economy down. There was a period in which Saudi Arabia could modulate the world’s rate of oil production by turning up the flow, but even that is a thing of the past. Oil prices jump up and down in response to rumors and temporary conditions — the worldwide economic slowdown has tamped them down a bit over the past few years — but the overall pattern is a steady price increase, all other things being equal….
We should understand that peak oil has probably already occurred, and we will be spending the rest of our lives, and our children their own lives, dealing with the consequences.
But we avoid the long term relevancies. There was plenty of oil yesterday and there will be enough today to maintain a modest lifestyle, and we all hope that there won’t be another big oil shock very soon….How do we prepare? [1]

continue reading…

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‘[P]eak oil’ is a global issue resulting from dependency on finite oil resources and associated vulnerability to changes in supply. The global economy must engage in changes and these changes must start with our misperceptions of prosperity as synonymous with capital. If we can transition to a paradigm in which equitable distribution of resources, social justice, the environment and pacifism are valued; energy alternatives and global agreements to mitigate the effects of peak oil may actually work. Fundamentally important is a shared global commitment to these aims (links/citations in original quote). [1]

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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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If they don’t get it [doubtful], then they either need to learn some basics, or write about what they know.
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This is a final look at one of this year’s better features on the subject of peak oil: an article by John Kaufmann entitled: The Energy Independence Illusion. It’s an excellent read [adapted from a presentation to the World Affairs Council of Oregon this past March] for anyone interested in this topic. [Any quotes here are from that article unless noted otherwise.]
continue reading…

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This is a follow-up to one of this year’s better features on the subject of peak oil: an article by John Kaufmann entitled: The Energy Independence Illusion. It’s an excellent read [adapted from a presentation to the World Affairs Council of Oregon this past march] for anyone interested in this topic. [Any quotes here are from that article unless noted otherwise.]
continue reading…

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Several months ago, one of this year’s better features on the subject of peak oil was offered by John Kaufmann in his article entitled: The Energy Independence Illusion. It’s an excellent read [adapted from a presentation to the World Affairs Council of Oregon this past march] for anyone interested in this topic. [Any quotes here are from that article unless noted otherwise.]
continue reading…

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Recently, in challenging contentions I had raised, “RGR”—an otherwise unnamed commenter (a petroleum engineer, if I understood correctly)—offered this: 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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Not too long, another in the endless procession of skate-past-facts-we-don’t like articles made its way into publication via a piece entitled “Here’s The Statistic That Will Be Written On The Tombstones Of Peak Energy Believers continue reading…