Peak Oil never went away (Article)
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kenneal - lagger
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Peak Oil never went away (Article)
This is an interesting article saying that Peak Oil never went away and even with Tight Oil the US has probably peaked in production or is very near to that peak.
Action is the antidote to despair - Joan Baez
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UndercoverElephant
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Re: Peak Oil never went away (Article)
The article has a graph that shows current US whale oil production the same as it was at its peak. I believe it is currently nil.
"We fail to mandate economic sanity because our brains are addled by....compassion." (Garrett Hardin)
Re: Peak Oil never went away (Article)
It's showing cumulative production, not current.UndercoverElephant wrote: ↑06 Dec 2020, 21:25 The article has a graph that shows current US whale oil production the same as it was at its peak. I believe it is currently nil.
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UndercoverElephant
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Re: Peak Oil never went away (Article)
Ah, right. My mistake.
"We fail to mandate economic sanity because our brains are addled by....compassion." (Garrett Hardin)
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mododragon
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Re: Peak Oil never went away (Article)
US oil are not going to be like the middle east. Specially of the new government. I feel pity
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UndercoverElephant
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Re: Peak Oil never went away (Article)
Welcome to Powerswitch. I don't understand your post though.mododragon wrote: ↑08 Dec 2020, 11:26 US oil are not going to be like the middle east. Specially of the new government. I feel pity
"We fail to mandate economic sanity because our brains are addled by....compassion." (Garrett Hardin)
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kenneal - lagger
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Re: Peak Oil never went away (Article)
Bloomberg article pushing Peak Oil and also Peak Infernal Combustion Engine (ICE) resulting in Peak Oil. Apparently Covid has driven the trend to EVs and less oil use with EV sales bucking the trend and rising while ICE sales have plummeted during the pandemic.
Action is the antidote to despair - Joan Baez
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emordnilap
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Re: Peak Oil never went away (Article)
Some kinda bot by the look of it. Weird.UndercoverElephant wrote: ↑08 Dec 2020, 11:51Welcome to Powerswitch. I don't understand your post though.mododragon wrote: ↑08 Dec 2020, 11:26 US oil are not going to be like the middle east. Specially of the new government. I feel pity
I experience pleasure and pains, and pursue goals in service of them, so I cannot reasonably deny the right of other sentient agents to do the same - Steven Pinker
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BritDownUnder
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Re: Peak Oil never went away (Article)
Australia is giving subsidies to its three remaining oil refineries to keep them open for the purpose of "fuel security", presumably on the assumption that it is better to refine the black stuff in country than have it subject to the vagaries of a third country which does the refining for you. Australia is well past its own production peak in oil.
G'Day cobber!
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kenneal - lagger
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Re: Peak Oil never went away (Article)
The ghost of RGR??emordnilap wrote: ↑14 Dec 2020, 09:25Some kinda bot by the look of it. Weird.UndercoverElephant wrote: ↑08 Dec 2020, 11:51Welcome to Powerswitch. I don't understand your post though.mododragon wrote: ↑08 Dec 2020, 11:26 US oil are not going to be like the middle east. Specially of the new government. I feel pity
Action is the antidote to despair - Joan Baez