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biffvernon · Post by **biffvernon** » 29 Aug 2015, 21:41

Lots of data from the IEA

https://www.iea.org/media/omrreports/fu ... -08-12.pdf

AutomaticEarth · Post by **AutomaticEarth** » 01 Sep 2015, 15:33

We probably knew this already, but some decent graphs here:

http://crudeoilpeak.info/europe-oil-con ... eaked-2005

biffvernon · Post by **biffvernon** » 01 Sep 2015, 15:51

As you say. It's a pity Fig 4, the GDP and Debt graph, doesn't extend further back in time, say to 1940!

biffvernon · Post by **biffvernon** » 09 Sep 2015, 23:39

An interesting interview with Lord Browne:
http://www.refracktion.com/index.php/a- ... madingley/

johnhemming2 · Post by **johnhemming2** » 10 Sep 2015, 07:51

AutomaticEarth wrote:We probably knew this already, but some decent graphs here:

http://crudeoilpeak.info/europe-oil-con ... eaked-2005

Indeed. Someone else who believes oil price spikes cause recessions.

vtsnowedin · Post by **vtsnowedin** » 10 Sep 2015, 21:56

johnhemming2 wrote:
AutomaticEarth wrote:We probably knew this already, but some decent graphs here:

http://crudeoilpeak.info/europe-oil-con ... eaked-2005
Indeed. Someone else who believes oil price spikes cause recessions.

I think that is pretty clear and well supported by the evidence.

biffvernon · Post by **biffvernon** » 10 Sep 2015, 21:58

If you repeat a lie often enough...

Adam1 · Post by **Adam1** » 11 Sep 2015, 21:12

Meanwhile:

Goldman Sachs says oil could fall to $20 a barrel

http://www.theguardian.com/business/201 ... s-a-barrel

Not that we trust economists!

Post by **kenneal - lagger** » 14 Sep 2015, 04:53

Meanwhile, the IEA says

US oil output set for sharpest fall since 1992, says industry body

AutomaticEarth · Post by **AutomaticEarth** » 28 Sep 2015, 13:53

Shell pulling out of Alaska - can't find enough oil...

http://www.independent.co.uk/news/world ... 69771.html

fuzzy · Post by **fuzzy** » 28 Sep 2015, 17:21

In the good old oildrum days it was pointed out that the flow rate through the Alaskan pipelines was problematic due to oil freezing and was one of the factors in burst pipes as they attempted to use pressure to squeeze cold thick oil through old pipes. If production drops much more...

PS_RalphW · Post by **PS_RalphW** » 28 Sep 2015, 19:42

I think there are several possible technical solutions to the Alaskan oil pipeline problem, and some of them were economic at $100 a barrel. A lot less of them will be economic at $50 a barrel, and I strongly suspect we are heading towards a Senica cliff when it comes to oil production and technology in general - low EROEI will not sustain the complexity needed to sustain oil production at current levels, which leads to recession, falling oil prices and falling oil production, to the point that it is never economic to go after the 'expensive oil', and we get a shark's tooth production profile.

Roman Britain to dark ages on speed. (although the dark ages were a time of cultural revival).

vtsnowedin · Post by **vtsnowedin** » 28 Sep 2015, 23:38

PS_RalphW wrote: Roman Britain to dark ages on speed. (although the dark ages were a time of cultural revival).

Not quite following you there. The dark ages were indeed Dark. It was the Resonance that revived culture.

PS_RalphW · Post by **PS_RalphW** » 29 Sep 2015, 00:23

OK the dark ages was a bit thin on the written word, but English culture began with tales like Beowulf, and the archaeology suggests they knew how to throw a good party with wine, women, songs and a good scrap or two

They certainly didn't miss all that sterile consumerist Roman culture, very eco friendly, they left almost nothing behind like buildings, roads, much pottery or even metalwork .

It went downhill a bit when we rediscovered Christianity.

Post by **kenneal - lagger** » 29 Sep 2015, 03:08

From all the Saxon hoards which have been found they certainly didn't lack any skill in crafting gold objects.