Helping America Navigate a New Energy Reality

Archive for November, 2011

Robert Rapier

By on 28 Nov 2011 in quotes with 0 Comments

“In its simplest form, Peak Oil means that just as oil production in the US peaked in 1970 and began to decline, so shall global production do the same. Once you get past that basic premise – one in which there is near-universal agreement once people understand that is what you mean when you say […]

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Review November 28, 2011

By on 28 Nov 2011 in Peak Oil Review with 0 Comments

Download Full PDF 1. Oil and the Global Economy Oil prices were little changed last week as the European sovereign debt crises and the various upheavals and machinations taking place in the Middle East roiled the markets. NY oil closed at $96.77 and London at $106.40 — both down about 1 percent for the week. […]

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Daniel Yergin Massively Reduced His Energy Estimates

By on 28 Nov 2011 in commentary with 2 Comments
Daniel Yergin Massively Reduced His Energy Estimates

If one can’t rely on Daniel Yergin for soothing reassurances about the state of the global oil market, who you gonna call?

Daniel Yergin and his associates at Cambridge Energy Research Associates (CERA) have consistently predicted a 20% to 25% increase in global total liquids production (which consists of crude oil, condensate, natural gas liquids, refinery gains and other liquids such as low net energy biofuels).

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US Secretary of State, Hillary Clinton

By on 21 Nov 2011 in quotes with 0 Comments

“You can’t talk about our economy or foreign policy without talking about energy. With a growing global population and a finite supply of fossil fuels, the need to diversify our supply is urgent.” — US Secretary of State, Hillary Clinton

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Wind Energy Realities

By on 21 Nov 2011 in commentary with 5 Comments
Wind Energy Realities

Reasons for interest in electric power generation from wind are multifold. First, wind is a renewable energy source. It is not likely to deplete over time, which is not the case for oil, coal, and natural gas.

Second, wind electric power generators use no water, which is in declining supply in many places in the world.

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Review November 21, 2011

By on 21 Nov 2011 in Peak Oil Review with 1 Comment

Download Full PDF 1. Oil and the Global Economy London and New York oil prices went their separate ways for a day last week as it was announced that the pipeline that had been sending oil from the Texas coast to the Cushing, Oklahoma oil terminal would be reversed. Traders saw this reversal as having […]

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IEA Executive Director, Maria van der Hoeven

By on 14 Nov 2011 in quotes with 0 Comments

“Governments need to introduce stronger measures to drive investment in efficient and low-carbon technologies. The Fukushima nuclear accident, the turmoil in parts of the Middle East and North Africa and a sharp rebound in energy demand in 2010 which pushed CO2 emissions to a record high, highlight the urgency and the scale of the challenge.”

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Review November 14, 2011

By on 14 Nov 2011 in Peak Oil Review with 0 Comments

Download Full PDF 1. Oil and the Global Economy A number of factors combined last week to push oil prices to a three-month high, the longest run of weekly price gains since April 2009. Fueling the increase were falling global petroleum inventories; the perception that the EU is making progress in settling its financial crises; […]

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The 2011 ASPO-USA Conference: Truth in Energy, Truth in Community, by Alice Oldfather

By on 14 Nov 2011 in commentary with 0 Comments
The 2011 ASPO-USA Conference: Truth in Energy, Truth in Community, by Alice Oldfather

The 2011 ASPO-USA Conference, held in Washington, DC November 2-5, in the shadow of the U.S. Capitol, attracted more than 300 participants from many walks of life. These attendees were brought together, presumably, by a belief that we are entering an era of inexorable decline in fossil fuel production and a desire to face head-on this very serious yet underreported predicament.

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Tom Murphy

By on 7 Nov 2011 in quotes with 1 Comment

“Our moment in history is rather special. It is dangerous to assume that we’ll gracefully handle problems at this scale, because such assumptions amount to dismissals and concomitant inaction… It bothers me that we don’t have a plan. It scares me that we (collectively) don’t think we even need a plan. Faith in the market […]

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Review November 7, 2011

By on 7 Nov 2011 in Peak Oil Review with 0 Comments

Download Full PDF 1. Oil and the Global Economy Despite a week of turmoil in Europe, oil prices continued to creep up despite the likelihood of still more serious troubles ahead for the EU. NY oil closed Friday at $94.26 after five weekly increases, the longest streak of gains in more than two years. In […]

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