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Peak Oil never went away (Article)

Posted: 06 Dec 2020, 18:05
by kenneal - lagger
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.

Re: Peak Oil never went away (Article)

Posted: 06 Dec 2020, 21:25
by UndercoverElephant
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.

Re: Peak Oil never went away (Article)

Posted: 07 Dec 2020, 10:39
by RevdTess
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.
It's showing cumulative production, not current.

Re: Peak Oil never went away (Article)

Posted: 07 Dec 2020, 16:50
by UndercoverElephant
Ah, right. My mistake.

Re: Peak Oil never went away (Article)

Posted: 08 Dec 2020, 11:26
by mododragon
US oil are not going to be like the middle east. Specially of the new government. I feel pity

Re: Peak Oil never went away (Article)

Posted: 08 Dec 2020, 11:51
by UndercoverElephant
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
Welcome to Powerswitch. I don't understand your post though.

Re: Peak Oil never went away (Article)

Posted: 09 Dec 2020, 18:30
by kenneal - lagger
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.

Re: Peak Oil never went away (Article)

Posted: 14 Dec 2020, 09:25
by emordnilap
UndercoverElephant wrote: 08 Dec 2020, 11:51
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
Welcome to Powerswitch. I don't understand your post though.
Some kinda bot by the look of it. Weird.

Re: Peak Oil never went away (Article)

Posted: 14 Dec 2020, 09:43
by BritDownUnder
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.

Re: Peak Oil never went away (Article)

Posted: 14 Dec 2020, 14:54
by kenneal - lagger
emordnilap wrote: 14 Dec 2020, 09:25
UndercoverElephant wrote: 08 Dec 2020, 11:51
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
Welcome to Powerswitch. I don't understand your post though.
Some kinda bot by the look of it. Weird.
The ghost of RGR??