David Hughes is a veteran geoscientist, now retired from the Geological Survey of Canada. He is also a meticulous researcher who carefully sources the data upon which his conclusions are made.
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David Hughes is a veteran geoscientist, now retired from the Geological Survey of Canada. He is also a meticulous researcher who carefully sources the data upon which his conclusions are made.
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Thanks for your post, Firn.
We've seen posts all week heralding a return to cheaper oil, mocking peak oil concerns, etc. But many people seem unaware of the fact that conventional oil has peaked...
The most recent forecast from the EIA in consistent with previous reports in expecting light tight oil (LTO) to peak prior to 2020.
The International Energy Outlook (IEO) was released a couple of...
"world market prices should be lower with the state slapping a higher tax on it."
I agree with your second point but lowering market prices seems to be an impossibility apart from the usual...
Thanks for the Musk video, Firn. I was not aware of it. Also for your observations, Steve.
I note that early in his presentation Musk said, "Sustainable energy... I mean the ability to produce and...
All good points, Steve.
We have at least two major problems. First, we will never know what the ultimate recoverable reserve (URR) is or 'ought to be' because there are so many complex factors &...
I agree that the term, "Peak Oil" has acquired various associations and so has the word "peak" which has become fashionable to apply to all sort of things (peak democracy, peak coffee, etc).
The PO...
I'm reluctant to speak for Ron, but I have followed his research for many years and am confident that I am accurately representing his views.
Both Ron and I see little reason to quibble over the...
Today Ron Patterson posted some highlights from the latest energy outlook which is conducted annually by a team of Russian analysts.
In one scenario they forecast a peak in coal production prior...
"the considerable amount of gas that the US used to import becomes available for others"
Not really, for the same reasons that you gave re. inability of US to export its gas surplus overseas. ...
Ron Patterson picks up on Steve Kopits' presentation and questions whether OPEC is capable of responding when called upon to produce more oil:
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"if the fossil fuels in question are so important for the national security why do we not keep them in the ground when the need is far greater?"
I agree, Firn.
For over 40 years the US has...
A few days ago information was posted about the Transatlantic Energy Security Dialogue which was held last month.
This video-linked event was organized by Jeremy Leggett in London and by Lt. Col....
The British Society has recently published a special edition on The Future of Oil.
Most of the articles are behind a paywall but a few are free, including the excellent introductory paper by Steve...
Thanks for your reply, Bill.
What the IEA says is sometimes inconsistent, even contradictory. Some of the strongest warning about PO and future oil supply have been oral statement by Fatih Birol,...
Ron Patterson started his own website prior to the closing of The Oil Drum, where Ron was one of the mainstay contributors. His postings were detailed and always sourced from EIA, BP, IEA, etc.
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Chatham House released a rather detailed (85 pgs) examination of oil theft in Nigeria, which has now reached industrial proportions (at least 100,000 bpd):...
In February USDA released a major analysis, "Climate Change and Agriculture in the United States: Effects and Adaptation" (193 pgs) but I only discovered it now....
Chatham House has come out with another excellent examination of energy consumption within Persian Gulf countries.
"The six GCC countries - Saudi Arabia, Qatar, Kuwait, Oman, the UAE and Bahrain -...
This may be of interest (with link to original MoD report):
http://www.guardian.co.uk/environment/earth-insight/2013/jun/04/rising-energy-prices-western-life-mod
"that does not mean production will cease"
You are correct, Steve.
UK is still top-15 (maybe still top-10) in global O&G production.
But that's the scary part: if we have top-10 producers...
This project is supposed to add 30% to UK gas storage capacity:
http://www.gatewaystorage.co.uk/
Meanwhile, this article points to the root of the problem. If the UK hadn't been in such a hurry...
Thanks for the UK info, David.
I see that this week's forecast is still cool, but the weather (at least in the south of England) looks like it's going to moderate. I wonder how many Brits have a...
Hi, Firn
Yes, it's obvious about the best, low-hanging fruit being consumed first, etc.
But the purpose of Dave Hughes' comprehensive paper re. unconventional fuels (Feb. 13, 178 pgs) was not...
Here is the latest from Lt. Col. Davis re. optimism over US tight oil surge:
http://www.huffingtonpost.com/daniel-davis/domestic-oil_b_2898256.html
As Davis points out, the eventual "confluence"...