We’ve Almost Reached Peak Fossil Fuels for Electricity
The way we get electricity is about to change dramatically, as the era of ever-expanding demand for fossil fuels comes to an end—in less than a decade. That’s according to Continue Reading
The way we get electricity is about to change dramatically, as the era of ever-expanding demand for fossil fuels comes to an end—in less than a decade. That’s according to Continue Reading
The readers of “The Doomstead Diner” are very skeptical about the possibility of a rapid transition to a 100% renewable powered world. 54% of them say that it is impossible. Continue Reading
Remember peak oil theory? It was all the rage just a few years ago. Serious books were devoted to the idea that the world was running out of crude. Deep Continue Reading
The concept of the “ Seneca Cliff ” seems to have gone mainstream. Below, it is mentioned in a recent post by Dennis Coyne on “peakoilbarrell” as an obvious concept. Continue Reading
Oil production is probably close to its peak level currently. At best supply can stay the same, but is more likely to drop. Global oil demand, though, has been growing Continue Reading
Pity the poor petro-states. Once so wealthy from oil sales that they could finance wars, mega-projects, and domestic social peace simultaneously, some of them are now beset by internal strife Continue Reading
Shale oil tower The energy sector was certainly a bargain in January, but no one really knows where oil will be around Christmas. While we may have already seen the Continue Reading
According to Bernstein Research , peak oil – when oil usage is expected to begin falling globally – could arrive as soon as 2030. While this may seem unlikely with Continue Reading
In the last press review of 2015 I asked if that had been the year petroleum peaked. The question mark was not just a precaution, the uncertainty was really there. Continue Reading
The scenario above shows an Oil Shock Model with a URR of 3600 Gb and EIA data from 1970 to 2015 and the Annual Energy Outlook (AEO) 2016 early release Continue Reading