The Oil Drum
Blog | Independent
We all see the petroleum economy as the fundamental linchpin of our present democratic society. As cheap oil/energy/gas quietly fades into history, lives around the world will indeed change. This real and tangible crisis of supply and demand is now inevitable. Whether the coming crisis arrives in six months or in four years, whether the crisis arrives in a slow, secular fashion or as a cataclysmic "shock," our purpose is the same: we are here to raise awareness of the reality of the current problem and to attempt to address the real issues that are often hidden by political pandering. ... More » (Source: The Oil Drum)
Overview
Media:
Blog
Audience:
(English)
Scope:
International
Editorial
Edited By:
Kaizar Campwala
Last Edit:
Mar 30, 2007 - 11:51 AM PDT
To:
Separate email addresses with commas.
25 recipients max.
Note:
-
Where we are headed: Peak oil and the financial crisis
The current financial crisis is a direct result of peak oil. There may be oscillations in the economic situation, but generally, we can't expect things to get much better. In ...Posted by Mike LaBonte -
Creating a Post-Peak Future Worth Living Into
The future most people are living into is beginning to disappear. The financial crisis threw the first punch, but oil depletion will deliver the knockout blow.Posted by Greg Boyle -
The Connection Between Peak Oil and the Collapse of the Monetary System
It is not a coincidence that just as we are hitting peak oil, world monetary systems seem to be edging toward collapse. Monetary systems are debt based, and depend on growth ...Posted by Greg Boyle -
Energy Margin Calls- Chesapeake CEO Forced To Sell All His Stock
The CEO of the nation's largest natural gas producer had to involuntarily sell all of his stock this past week. The financial crisis has now obviously spread to the energy markets.Posted by Greg Boyle -
Gasoline Shortages: Our Inventory Problem
One of the major reasons for gas shortages is that fact that inventories were not very high going into the hurricanes. Then when not one, but two, hurricanes hit, inventories ...Posted by Mike LaBonte -
A Pretty Stunning Graph of World Cement Usage (and China Is Certainly Using It)
Also interesting is the percentage of the world's consumption of cement that China took up in 2007 (50%) compared to 2004 (42.5%); some of this can no doubt be due to ...Posted by Mike LaBonte -
Saudi Arabia's Crude Oil Reserves: Particulars or Propaganda?
After Saudi Aramco tells the truth, the other OPEC members can do the same as it is highly likely that they have also artificially inflated their remaining recoverable crude ...Posted by Mike LaBonte -
An Open Letter to Our Next President about Energy Policy
Vice President Dick Cheney once famously quipped "The American way of life is non-negotiable." I submit that while our next president might not be so brash in stating this, ...Posted by Mike LaBonte -
CO2 Capture and Storage: The Energy Costs
Capturing carbon dioxide from coal (and gas) fired electricity plants. Subsequently transporting the carbon dioxide from the plant and storing it underground in (abandoned) ...Posted by Kaizar Campwala -
Corn-Based Ethanol: Is This a Solution?
Many people have high hopes for ethanol made from corn--that it will prevent future gasoline shortages, prevent global warming, be a wonderful investment, and improve the ...Posted by Kaizar Campwala
-
Proposed Tax Changes on US Oil and Gas Producers
Last week, the government released a lengthy document, General Explanations of The Administrations 2010 Revenue Proposals, which includes a 12 page segment titled "Eliminate ...Posted by Greg Boyle -
Why Oil Shortages May Cause Price Decreases, Rather than Increases
A lot of people think peak oil is no longer a problem because prices are no longer in the stratosphere. It seems to me that standard economic models start breaking down when ...Posted by Greg Boyle -
Europe | Post-peak mechanized agriculture: the RAMSES project
Today, agriculture in the industrialized world is a task for a minuscule fraction of the workforce; people whose job is to operate heavy machinery powered by fossil fuels. ...Posted by Greg Boyle -
Iraqi Oil: Black Gold or Black Hole?
However, six years after the fall of Baghdad, the country is nowhere close to producing 6 million barrels a day. As a matter of fact, the country is still not producing at the ...Posted by Greg Boyle -
Limits to Growth Model Worth Another Look
There are only finite resources in the world, but population continues to grow. How will this situation resolve itself? This was a question a group of scientists (Meadows et ...Posted by Greg Boyle -
Further Evidence of the Influence of Energy on the U.S. Economy - Part 2
I will show an even greater connection between energy prices, interest rates, and the financial sector, based in large part on a review of minutes of the Federal Reserve Open ...Posted by Greg Boyle -
Forecasting Coal Production Until 2100
A model capable of projecting mineral resources production has been developed. The model includes supply and demand interactions, and has been applied to all coal producing ...Posted by Greg Boyle -
A North American Energy Plan for 2030: Hydro-electricity - The forgotten renewable energy resource
Presently 38% of North American electricity is produced from carbon free sources (nuclear 19%, hydro 18% and wind energy 1.7%). N America has substantial oil, natural gas and ...Posted by Greg Boyle -
Senate Testimony on the Energy Water Nexus
My testimony today will make four main points: 1. Energy and water are interrelated, 2. The energy-water relationship is already under strain, 3. Trends imply these strains ...Posted by Mike LaBonte -
World Oil Production Peaked in 2008
(Blog Post) World oil production peaked in 2008 at 81.73 million barrels/day (mbd) shown in the chart below. This oil definition includes crude oil, lease condensate, oil sands and ...Posted by Mike LaBonte
Story Stats
Top Topics
Oil and Gas (75), Energy (69), U.S. Economy (46), Global Economy (34), Environment (28), Global Warming (23), Climate Change (21), Housing (18), China (17), Finance (11), Poverty (11), Jobs (11), Europe (11), India (8), Obama Administration (6)...
Top Authors
Leanan (6), Gail Tverberg (5), Robert Rapier (4), Nate Hagens (4), Gail The Actuary (3), Stuart Staniford (3), Rembrandt (2), Jerome A Paris (2), Francois Cellier (1), Tony Eriksen (1), Chris Vernon (1), Michael E Webber (1), Jerome Guillet (1), Glenn (1), Luis De Sousa (1)...
Top Formats
Opinion (142), Special Report (3), Review (1), Research (1), News Analysis (1), Speech (1)
(NEW)
