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Peak oil (Energy Crisis)

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Peak oil alarmist

The point in time when the maximum rate of global petroleum extraction is reached.
Peak oil sceptic

Peak oil sceptic

The current round of peak oil predictions is rather "unscientific", there are large reserves and natural resources on the Earth.

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Peak oil is the point in time when the maximum rate of global petroleum extraction is reached, after which the rate of production enters terminal decline. The concept is based on the observed production rates of individual oil wells, and the combined production rate of a field of related oil wells. The aggregate production rate from an oil field over time appears to grow exponentially until the rate peaks and then declines, sometimes rapidly, until the field is depleted. It has been shown to be applicable to the sum of a nation’s domestic production rate, and is similarly applied to the global rate of petroleum production. Peak oil is not about running out of oil, but the peaking and subsequent decline of the production rate of oil.M. King Hubbert created and first used this theory ...
for5against   We can’t innovate scientifically as fast as the problems are going to accrue. So we are either going to slow to zero growth or to very low growth., spetr
for3against   Every generation has created children who have a better standard of living than their parents. This is the first generation where that is not proving to be so., spetr
for2against   Peak oil is not a new idea, but now peak oil has popped up in a rather unlikely place: the bland pages of financial analyst reports, a3
for2against   What about abiotic oil? I don;t think we will run out of oil since it is illegal for us to drill here (thanks liberals!), robufo2000
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Umíme zpracovat vyhořelé jaderné palivo, hlásí Čína


Čína vyvinula technologie, které jí umožní zpracovávat vyhořelé jaderné palivo. Oznámila to státní televize. Čína se tak stává po Francii, Británii a Indii čtvrtou zemí na světě, která umí recyklovat jaderné palivo. „Je to začátek nové energetické spolupráce mezi Čínou a Ruskem,“ uvedl při spuštění ropovodu na čínsko-ruské hranici jeden zředitelů čínské ...


Umíme zpracovat vyhořelé jaderné palivo, hlásí Čína


Čína vyvinula technologie, které jí umožní zpracovávat vyhořelé jaderné palivo. Oznámila to státní televize. Čína se tak stává po Francii, Británii a Indii čtvrtou zemí na světě, která umí recyklovat jaderné palivo. „Je to začátek nové energetické spolupráce mezi Čínou a Ruskem,“ uvedl při spuštění ropovodu na čínsko-ruské hranici jeden zředitelů čínské ...


The age of cheap oil is over


Now that the reality of Peak Oil has started to sink in, one commonly hears that "The age of cheap oil is over". But does that mean that the age of expensive oil is upon us? Not necessarily. We now know (or should have learned by now) that once oil rises to over 25% of global GDP, the world's industrial economy stalls out, and as soon as that happens, oil ceases to be particularly valuable, so much so that investment in maintaining oil production is curtailed. The next time industry tries to stage a comeback (if it ever does) it hits the wall much sooner and stalls again. I doubt that it would ...


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> Peak oil (Energy Crisis) > News

The House That Randy Built
One of the nice aspects of the 7+ years I have been involved with The Oil Drum has been attending conferences and meeting with some of my cyber friends, who by and large figure among the nicest bunch of folks I ever met. In 2007 I attended the ASPO meeting in Houston and it was then that I met Randy Udall for the first time. Well you know what some Americans are like - you meet, you chat a while, discover you get along, down a couple of beers and before you know it you are invited to go visit. And so it was with Randy Udall.... The house that Randy built, sunk low in the Colorado terrain, provides shelter from winter storms and from exposure to summer sun. Photovoltaics, solar hot water (on the roof) and a single wood burner (chimney) provides all the energy needs. Three years later, my wife and I had a trip planned to the States to go visit Dave Rutledge (another cyber mate) at his mountain lodge in New Mexico and I thought it would be cool to visit Randy en route. We exchanged a
The Energetic Basis of Wealth
Last year I did an analysis to try to understand whether it’s possible to feed the world sustainably. Today I’d like to try to understand what happens to countries as they must rely upon the sun for energy (and, indirectly, wealth).
Resilience Roundup - Aug 28
A roundup of the news, views and ideas from the main stream press and the blogosphere.
Dark Age America: The Population Implosion
For millennia to come, the peoples of North America will have to contend with drastically expanded deserts, coastlines that in some regions will be many miles further inland than they are today, and the presence of dead zones where nuclear or chemical wastes in the soil and water make human settlement impossible.



 
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