The Green Files > Two Shocking Reports From Petroleum Review
[Past Peak] But, according to Petroleum Review, you must also factor in two things: 1) historically, projects slip (are delayed) by 10-20%, and 2) many existing oil fields are in significant decline. I.e., new capacity will be less than the ideal figures indicate, and much of it will just be filling in for lost capacity elsewhere.
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Some related posts from Technorati and Google.
[Moon of Alabama] 'The Economist' on Oil - the Corporate View on Peak Oil: The Economist has published in its most recent edition a survey of oil, which I promised to review. As it is behind a subscription wall, the links (below the jump) are unlikely to be accessible to most of you, so I have tried to summarise its content before critiquing it.
[Ken Layne] 'They Stink of Doom and Defeat': This is for my friend Charlie, who asked me tonight why -- if oil production is near a "peak... global oil officials and some of the "peakoil" proponents -- those who predict not an end to oil...
[Peakoil.blogspot.com] Peak Oil News: He noted that Canada provides, “something like 14% or so of our total gas supply and with our production having peaked some years ago and declining, that’s been very important to us. In fact over the last 12 or 14 years if Canada had not had the ability and willingness and infrastructure that allowed them to increase their gas exports to us about 500%, we'd have had a gas crisis for many years.”
[Freakonomics.com] Freakonomics: A Rogue Economist Explores the Hidden Side of ...: I am currently running a series of posts on my blog called the "Common Misconceptions of Peak Oil". The first two of these are called "Oil Shale will save us" and "Tar sands will save us". Come check it out and give me you thoughts.
[Postcarbon.org] Peak Oil Timeline - Post Carbon Institute: European Conference of Ministers of Transport host workshop entitled “Managing Oil Demand In Transport.” The main objectives covered in the workshop are as follows:-Elevate the issue of transport oil demand management among IEA Member countries -Identify and review cost-effective actions for reducing transport oil demand both on the very short term and medium term (up to 10 years).
[Oilbiz.net] Peak Oil Views: Fuel Protests, Petrol, Supply Shock, Peak Oil and a Challenge ... Saudi oil shock ahead. A review of Matt Simmons ' views on the possible near-term decline ...
[Keynet.blogs.com] A Networked World: Peak Oil - Risky Behaviour Tells the Story: Documents like the plainly fake uranium buys from Niger and the British government plagiarism of a 10 year old doctoral thesis, the breach of every precautionary rule of intelligence, especially the ones about getting multiple sources without a vested interest who are already on your payroll and the semantic sin of removing qualifications like "may", "might" and "could possibly" to leave bald assertions that the speakers know they can't justify with facts. You have to ask what might justify this massive level of risk.
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