Category: Peak Oil

The threat of the world facing a declining supply of oil, so-called peak oil, has given way to a forecast that is calling forth its much more benign cousin: peak Continue Reading

Scroll through Donald Trump’s campaign promises or listen to his speeches and you could easily conclude that his energy policy consists of little more than a wish list drawn up Continue Reading

As I glance back across the trajectory of this blog over the last ten and a half years, one change stands out. When I began blogging in May of 2006, Continue Reading

Modern economics is a matter of supply and demand. And when it comes to ‘peak oil’, it’s the difference between catastrophe and opportunity. Since the early 20th Century, scientists, experts, Continue Reading

I gave a mini presentation at a Griffith University “sustainable economy” seminar on 29 November 2016 https://drive.google.com/file/d/0B21KVqpkTSnrQ2haWFAwaU5MRjQ/view As the themes were slanted towards “business opportunities”, I chose this title for Continue Reading

The OPEC drama is behind us (for now) with the cartel and its friends agreeing to a peak supply. But the topic that’s talked about behind the scenes in Viennese Continue Reading

Peak demand for oil is the big new thing . True, the International Energy Agency, in the annual World Energy Outlook it released earlier this month, didn’t envision a peak Continue Reading

Forecasters see demand for oil-based fuels shifting to natural gas and renewable energy sources over… This month, European oil company MOL Group delivered a stark message to investors: Demand for Continue Reading

These 10 countries that are running out of oil will face serious problems down the road unless new reserves are found and tapped into. For a while now, you can Continue Reading

The first rule of making projections out to 2040 is to recognize the fact that you’ll almost certainly be wrong. After all, think about doing the same thing back in Continue Reading

During the election campaign Donald Trump took up two questions that we discuss in Chapter 2 of [the Swedish book titled] “A world addicted to oil”, and this will also Continue Reading

Margarita Mediavilla and her coworkers have performed extensive simulations of the future using system dynamics models, (see here) . One of their scenarios, called “Scenario 3,” is based on the Continue Reading

Imagine a world of 50% annual inflation, resource wars that span the globe and energy prices skyrocketing as oil reaches $200 a barrel. This is what the “peak oil” theory Continue Reading

Scientists say there’s a tension in the brain between responding to new information and resisting overwhelming amounts of conflicting data—and the latter can prevent opinion change. Altering opinion depends on Continue Reading

With OPEC’s 2016 World Oil Outlook now grimly forecasting that peak oil demand could become a reality in just over a decade, and natural gas and renewables chomping at the Continue Reading

There’s a new “Peak Oil” prediction out, and this one is worth taking seriously if for no other reason than its source. Peak Oil, you may recall, refers to a Continue Reading

The Peak Oil argument refuses to die. Today it has morphed into the Peak Conventional Oil argument. There are parts of the argument I agree with such as any finite Continue Reading

For more than two years the oil industry has suffered through its worst down cycle since the 1980s, and relief may not come until the middle of 2017 at the Continue Reading

When reading this article you must ask yourself are these people goal seeking? They are presenting an argument with a constant and that is the economy and a growth based Continue Reading

In a recent article on the Huffington Post, Stan Sorscher reports the graph above and asks the question of what could have happened in the early 1970s that changed everything. Continue Reading

One of the most compelling charts I have ever seen is the “Growing Gap” chart that used to appear on the front page of every ASPO Newsletter. This is the Continue Reading

Peak Oil: gone and forgotten? Google Inc. searches for the idea that once helped propel oil prices to nearly $150 per barrel have dwindled to almost nothing, according to a Continue Reading

The following is a summary of our recent interview with Art Berman, which can be listened to in full on our site here or on iTunes here . There’s a Continue Reading

In a career that spans three decades, three countries and more than 30 states, Leon has managed environmental impact statements for many federal agencies on projects ranging from dams and Continue Reading

When a barrel of crude oil hit $145 in July of 2008, no one predicted that 8 years later it would be trading at less than $50. T. Boone Pickens Continue Reading

OPEC released its Monthly Oil Market Report on August 10, 2016, I have pulled some items of interest from the report . World Oil Demand World oil demand growth in Continue Reading

Timing is everything when it comes to investing in commodities. ©AP It seems difficult to believe now but in 2014 oil was considered one of the safest bets around. The Continue Reading

Image Courtesy: link: https://en.wikipedia.org/wiki/Hubbert_peak_theory author: en.wikipedia.org description: Hubbert peak theory I. Categorized Documents Outline 1. PEAK OIL (53) 2. OIL PRODUCTION (45) 3. OIL PRICES (31) 4. CRUDE OIL (27) Continue Reading

The peak oil controversy stages a comeback as the industry confronts a future of higher costs — and low prices. A spindletop spouter gushes oil in 1902. (Image: Wikimedia Commons) Continue Reading

The Peak Oil story got some things right. Back in 1998, Colin Campbell and Jean Laherrère wrote an article published in Scientific American called, “ The End of Cheap Oil. Continue Reading

The world’s population is topsy-turvy, and its exponential and uneven growth could have disastrous consequences if we aren’t ready for it. Humanity recently hit a benchmark, a population of 7.9 Continue Reading

I expect World Fossil fuel output to peak in 2025. If the World economy continues to grow in the future, a gap between Energy produced from all sources (including non-fossil Continue Reading

It used to be that when it came to the world economy, oil prices and economic growth were more like distant cousins who disliked each other rather than a happily Continue Reading

 I have attempted to correct the reported Texas output using the methodology provided by Dean. Usually Dean provides the spreadsheets and I simply reproduce his charts with a few comments. Continue Reading

Peak conventional crude petroleum oil production is apparently here already – the only thing that’s been growing global total liquids is North American unconventional oils : tight oil – which Continue Reading

Back in the mid-noughties the peak oil meme gained significant traction in part due to The Oil Drum blog where I played a prominent role. Sharply rising oil price, OPEC Continue Reading

Roger Baker is a transportation and energy reform advocate based in Austin, Texas. Long time member of ASPO, we actually met at one of the first ASPO conferences, the one Continue Reading

The creation of the consumer economy—a complex, interconnected system of institutions, goals, rewards, and punishments—was one of the great social projects of the twentieth century, when energy was cheaply abundant Continue Reading

Last week, I gave a fairly wide-ranging presentation at the 2016 Biophysical Economics Conference called Complexity: The Connection Between Fossil Fuel EROI, Human Energy EROI, and Debt (pdf). In this Continue Reading

We are fully under the influence of petroleum demand destruction. The global oil market can’t function without real oil production price discovery, which doesn’t exist in the currently deflationary global Continue Reading