Archive for the 'Peak Oil' Category
If one volcano can do this, what will peak oil do?
1 Comment Published by Andy Rowell April 20th, 2010 in Peak Oil, aircraft travelTo anyone in North America, the Icelandic volcano fiasco must seem something of a distant story, unless you are trying to fly to Europe right now, when it will be a living hell.
It is a hell being experienced by hundreds of thousands of people stuck abroad who are unable to get home from their holidays [...]
US Military Warns Of “Severe Energy Crunch”
2 Comments Published by Andy Rowell April 12th, 2010 in Frontier oil exploration, Nuclear energy, OPEC, Peak Oil, Renewables, energy policy, oil industry outlook, tar sandsThe United States Joint Forces Command goes by the slogan “Ready for today. Preparing for tomorrow”.
But the military planners are certainly getting worried about tomorrow.
They argue that “Fossil fuels will very likely remain the predominant energy source going forward,” but then warn that “a severe energy crunch is inevitable without a massive expansion of production [...]
Oil Reserves “Exaggerated by One Third”
0 Comments Published by Andy Rowell March 24th, 2010 in OPEC, Peak Oil, oil reservesBack to the peak oil debate. We could reach peak oil much faster than predicted, according to Sir David King, the British Government’s former chief scientist, who has warned of shortages and price spikes within years.
King argues that the world’s oil reserves have been exaggerated by up to a third.
Is an “Oil-Less Recovery” On its Way?
2 Comments Published by Andy Rowell February 12th, 2010 in Peak Oil, Peak in oil demand, oil industry outlookWe are getting really mixed messages over what will come first: peak oil or peak supply.
First of this week was BP saying global peak oil demand will happen sometime between 2020 and 2030.
Then we had the UK Industry Task-Force on Peak Oil and Energy Security which published a report entitled “The Oil Crunch - a [...]
Peak Oil More an “Immediate Threat” Than Climate Change
1 Comment Published by Andy Rowell February 10th, 2010 in Climate Change, Energy Security, Peak Oil, oil industry outlookBP may think that a demand crunch will happen before a supply crunch.
But others disagree. Today, six UK leading companies have launched the second report of the UK Industry Task-Force on Peak Oil and Energy Security.
The report, entitled “The Oil Crunch - a wake-up call for the UK economy”, argues that oil shortages, insecurity of [...]
