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Peak Oil Could Now Be Reality
Peak Oil Could Now Be Reality ASPO 2009 International Peak Oil Conference Brings Experts Together to Discuss Impacts on U.S. and Global Economy DENVER, Colorado - August 18, 2009 - With our world at the convergence of peak oil and climate change, ASPO’s 2009 International Peak Oil Conference, titled System Reset: Global Energy and the New Economy, brings together experts from around the world
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CERA Official Acknowledges “Peak Oil is Here”
Speaking at the Center for Strategic & International Studies (CSIS) in Washington DC on 8 June, CERA Global Oil Group Managing Director Jim Burkhard began and ended his talk by stating that “CERA acknowledges that peak oil is here, you heard it from a CERA person.” Mr. Burkhard spoke at a CSIS session on “Transforming the Transportation Sector: Energy Security, Climate Change and Transportation”. During
Biofuels and Coal - May 21
Europe’s Overseas Push into Biofuels Leigh Phillips, Business Week Companies are buying tracts of land in Africa, Russia, and Ukraine to produce biofuels in a move that could harm farmers in developing economies — Massive tracts of land in Africa, Russia and Ukraine are being bought up or leased by richer countries to ensure access to food and for production of biofuels—a development
Energy Solutions & Glitches - May 21
The Gospel of Green (Hermannn Scheer) The Fifth Estate, CBC (Canada) As the world confronts the reality of global warming and the inevitable end of oil, the questions of what to do and how to sustain energy without oil or fossil fuels becomes more urgent. Bob McKeown and a fifth estate team travel to Germany to meet Hermannn Scheer, called “Europe’s Al Gore,” a parliamentarian who
Energy policy - May 19
Empire of Carbon (China) Paul Krugman, New York Times … China cannot continue along its current path because the planet can’t handle the strain. The scientific consensus on prospects for global warming has become much more pessimistic over the last few years. Indeed, the latest projections from reputable climate scientists
EB - Peak Oil - May 18
Published May 18 2009 by Energy Bulletin Click on the headline (link) for the full text. An Inconvenient Talk: Dave Hughes’s guide to the end of the fossil fuel age Chris Turner, Walrus Magazine Dave Hughes is driving north on Highway 2. Headed out of Calgary, where he worked for thirty-two years at
Briefs May 11, 2009
Chevron Corp. said its $4.7 billion Tahiti field in the Gulf of Mexico began pumping crude yesterday, almost two years after faulty parts delayed the project. The field, located 190 miles from New Orleans in 4,100 feet of water, is expected to produce 125,000 barrels of oil a day when output peaks. (5/7, #17) The US Minerals Management Service has cut its forecast
The Role of Speculation in the 2007-2008 Spike in Oil Prices.
Over the last 8 years many explanations have been offered on why oil prices gradually increased before spiking upward. In the United States, Bush administration officials and industry lobbyists consistently blamed conservation groups and the laws that protect our environment for causing high energy prices. The accusations reached a crescendo in the summer of 2008 as oil prices peaked and chants
Briefs February 2, 2009
Fatih Birol, the chief economist at the International Energy Agency, estimates that around $100 billion in projects, mostly outside of OPEC, have been delayed or canceled over the past year because of weaker oil prices. In some cases, companies are waiting for lower costs. In others, they are deferring projects that have become unprofitable at today’s oil prices.
Briefs January 26, 2009
China boosted crude oil production by 2.3 percent in 2008 while natural-gas output gained 12 percent even as the economy expanded at the slowest pace in seven years. (1/22, #12) Colombia’s 2008 average crude oil output totaled 588,000 barrels a day, up from 531,000 barrels a day in 2007 as high prices in the first half of the year pushed companies to increase production.
