An extensive new scientific analysis published in Wiley Interdisciplinary Reviews: Energy & Environment says that proved conventional oil reserves as detailed in industry sources are likely “overstated” by half. According Continue Reading
In just two decades, the total value of the energy being produced via fossil fuel extraction has plummeted by more than half. Now $3 trillion of debt is at risk. Continue Reading
A report commissioned on behalf of a cross-party group of British MPs authored by a former UK government advisor, the first of its kind, says that industrial civilisation is currently Continue Reading
In 1956, Shell geologist M. King Hubbert correctly predicted that oil production in the United States would reach a peak around 1970. Since his Peak Oil theory fits so well Continue Reading
A recent vacation afforded me the opportunity to read The Oracle of Oil , Mason Inman’s excellent new biography of Marion King Hubbert. I strongly recommend it. But, rather than Continue Reading
We will have to transition to a post-fossil-fuel economy eventually, either out of wisdom or chaos [1] Discussions about the future of fossil fuel production and supply have to become Continue Reading
The world will begin to wean itself off its reliance on oil starting in about 20 more years. According to Bernstein analyst Neil Beveridge, the world will hit peak oil Continue Reading
The latest EIA drilling productivity report (11th April 2016) https://www.eia.gov/petroleum/drilling/ shows US shale oil production continuing to decline in Bakken, Eagle Ford and Niobrara while the Permian has flattened out. Continue Reading
There is concern that World C+C may decline steeply after the peak, I believe those concerns are over blown. There is always the possibility that there could be a severe Continue Reading
The Oracle of Oil is the untold story of M. King Hubbert, one of the twentieth century’s top scientists. Known as “the father of peak oil,” Hubbert made bold forecasts Continue Reading
