Tag Archives: Peak

The Next Emissions Story

If you’ve been following the emissions story the past few years, you will know that slower economic activity and the rise of renewables have started to seriously blunt the growth of global carbon. In the OECD, for example, CO2 output has surely peaked, with virtually no risk whatsoever that developed nations will return to the […]

In the Year 2020

London based Carbon Tracker is forecasting?that global demand for both coal and oil are set to peak just a few years from now, in the year 2020. The new report uses a model, in partnership with?Grantham Institute, that combines policy and economic factors to arrive at the surprising convergence. Indeed it would be unusual, given […]

Global Oil Production Update: EIA Revises Two Decades of Oil Data

With the most recent release of international oil production data, EIA Washington has revised figures back to 1985. This is one of the most comprehensive revisions I have seen in several years. Generally, the totals were revised slightly lower, and this was especially true for the past decade. Data for the full year of 2011 […]

The Race for BTU

Dear Readers: I’m currently writing a long-form post twice a month now for Chris Martenson’s excellent website. Accordingly, I’ll be publishing the first (and free) part of these essays here at เกมยิงปลาสุดมันส์ www.dongythoxuanduong.com. Enjoy. — Gregor The world’s major central banks — including the Bank of Japan (BOJ), the European Central Bank (ECB), and the Federal […]

Global Oil Production Update: A Strange Future Has Arrived

Since 2005, European oil consumption has fallen by 1.5 million barrels a day. And, in the same period, US oil consumption has fallen by 2 million barrels a day. If oil was priced at $60 a barrel, rather than $100 a barrel, then a fair portion of that lost demand might return. Instead, since 2005, […]

Old Oil Depletes, And the New Oil is Slow

Exxon Mobil has released its 2012 Outlook for Energy: A view to 2040 report. I actually find these industry forecasts helpful, especially for their nuanced contrast with comparable long-range reports from EIA Washington and IEA Paris. For example, I find Exxon’s view that oil will retain its role as the primary energy source—not to be […]

Selling the Oil Illusion, American Style

Dear Readers: I’m currently writing a long-form post twice a month now for Chris Martenson’s excellent wesbsite. Accordingly, I’ll be publishing the first (and free) part of these essays here at เกมยิงปลาสุดมันส์ www.dongythoxuanduong.com. Enjoy. — Gregor ___________________________________________________________________________ “The task of the real intellectual consists of analyzing illusions in order to discover their causes.” ~ Arthur Miller […]

Not a Myth: The Skyrocketing Cost of New Oil Supply

The next time you hear someone asserting that oil extraction “was always difficult and expensive”—as a way to refute the very high cost now of the marginal barrel—you’ll know they’re spinning a folk tale.? A helpful chart from the just released EIA Annual Energy Review shows that the capital required to add an additional barrel […]

Red Metal Hour: The Copper Problem Accelerates

As we roll through earning’s season a report that caught my attention was Rio Tinto’s earlier this month, which showed copper production from their principle mine, Escondida, down significantly on the year. Here is the Financial Times, on 14 July: Rio Tinto revealed a steep decline in output at the world’s largest copper mine, demonstrating […]

2010 Oil Story: Drawing Down the Inventories

Hat tip to the Economist Magazine for catching a key, energy data point from week’s BP Statistical Review: in 2010, the world consumed about 5 mbpd (million barrels per day) more oil than it produced. Anticipating the discrepancy between the two figures, the BP Statistical Review authors write on page 9 of their PDF: Differences […]