Economy
The common assumption has been that the world will eventually “run out” of oil and other non-renewable resources. Instead, we seem to be running into energy surpluses and low prices. The real situation is that as prices rise, supply tends to rise as well, because new sources of production become available at the higher price….
Read More about Gail Tverberg: Energy limits – what most researchers have missed
ALTERNATIVES
It is a peculiar combination of technological, economic and geopolitical factors that has led to the present crash in oil prices, lulling many observers into dismissing peak oil. Through it all, the fact remains that the production of ‘conventional oil’, drawn mostly from established oil wells, has not gone up since its peak in 2008….
Read More about Peak Oil returns to haunt the global economy
Economy
Nafeez Ahmed writes: An extensive new analysis says that proved conventional oil reserves as detailed in industry sources are likely “overstated” by half. According to standard sources, the world contains 1.7 trillion barrels of proved conventional reserves. However, according to the new study, this official figure is almost double the real size of world reserves….
Read More about Where did all the oil go? The peak is back
Bookshelf
The focal point of The Oracle of Oil, the first biography of King Hubbert, is his distinction as the first person to recognize the phenomenon of peak oil. Hubbert spent decades studying petroleum and natural gas reserves data, hypothesizing that output from large regions—such as the United States, or the whole world—would tend to follow a bell-shaped curve….
Read More about Bookshelf: The Oracle of Oil: A Maverick Geologist’s Quest for a Sustainable Future
Economy
Ugo Bardi writes: Something like Trump was unavoidable. He is best defined as the visible effect of the ongoing social phase transition. A symptom of the ongoing breakdown of the social pact in the West. A discrete change in our path in the direction of collapse, in turn precipitated by depletion of resources, especially energy….
Read More about Connecting the rise of Donald Trump with global resource depletion
Economy
We are hitting something similar to “Peak Oil” right now, but the major symptoms are unexpected. There is a glut of supply, and prices are far below the cost of production. Perhaps we should call it “Limits to Growth,” rather than “Peak Oil,” because it is a different type of problem than most people expected….
Read More about Gail Tverberg: We are at Peak Oil now; we need very low-cost energy to fix it
ENERGY
John Michael Greer writes: While the standard peak oil scenario did not happen, quite a bit of the economic, political, and social turmoil we’ve seen since 2005 or so was in fact driven by the impact of peak oil—but that impact didn’t follow the linear model that most peak oil writers expected it to follow….
Read More about Whatever happened to Peak Oil?
Peakoilbarrel.com
ENERGY
Ron Patterson writes: It is obvious to me that OPEC is producing flat out. Only Iran has potential to increase production, but that will only replace decline in other OPEC nations. OPEC production will likely hold steady for the next four or five years before starting a steady decline. It will not prevent peak oil….
Read More about 2015: The year oil peaked?ALTERNATIVES
Peak Oil, Food Security and Urban Agriculture T. Vijayendra Abstract Peak Oil refers to the point when oil production reaches a peak, and henceforth can only fall. This has already happened. This has enormous implications for food security. It raises cost and prices of food because farm inputs – primarily fertilisers and pesticides – are petroleum…
Read More about Peak Oil (Or why city slickers should learn to get their hands dirty)ENERGY
Doomstead Diner Doomstead Diner Discussions on The Shit Hits The Fan (TSHTF) – Three Recordings on Aug. 23, 2015. At the Doomstead Diner, we investigate, discuss and debate the ramifications of the Economic Collapse of Industrial Civilization. Often referred to in shorthand as TEOTWAWKI. The End of the World as We Know It. Energy Discussion…
Read More about Video: The Shit Hits The Fan discussion series at the Doomstead DinerBookshelf
(Editor’s Note: POI member Mansoor Khan is the author of the book The Third Curve: The End of Growth. As we know it! , which examines Peak Oil and the future of energy and economic growth to provide a new lens to understand our reality and the future. In this interview with The CSR Journal, he says that adapting to global energy descent…
Read More about Interview: Mansoor Khan
