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World Energy Predictions 2006-2030

The World Energy Outlook (WEO) is a yearly energy forecast published by the Organisation for Economic Co-operation and Development (OECD), and the International Energy Agency (IEA). The 2006 report urges the international community to invest heavily in energy efficiency in order to avoid a global economic crisis. Governments will need to invest at least $20 [...]

American Oil Depletion in Canada

Canadian oil wells supply a large percentage of American natural gas and oil imports. Satisfying America?s prodigious energy appetite depends on the continued availability of Canadian energy sources. About 25 percent of the crude oil and 80 percent of the natural gas imported into the United States come from our very accommodating neighbor to the [...]

North American Energy Consumption

Whenever the price of gas rises, North Americans begin to talk about driving less. Recent oil price trends have seen a noticeable reduction in SUV sales and have hit the large automobile manufacturers hard. Middle class America has been hit hardest by the rising cost of living; higher taxes and mortgages, car payments and the [...]

Energy Supply Solutions

Lou Grinzo, a technical writer and bachelor in economics, is working hard to raise awareness about the peak oil situation in two ways. First, he is trying to introduce people to the major trends in energy development and talk about what can be done for the future. Second, he wants to give people the references [...]

Global Ecosystem Collapse - WWF Report

Every other year, the World Wildlife Fund publishes the Living Planet Report, which charts trends in the world’s ecosystem biodiversity and the human ecological footprint. The most recent report update released Oct 24th, 2006 warns of a worldwide ecosystem collapse within 50 years. The WWF report urges that we must reduce global consumption by at [...]

World Oil Reserves and Supply Statistics

Global oil resources are at times difficult to measure. World oil statistics are available from a variety of sources, but no one can make an accurate prediction of when and where new oil deposits will be found, or how much oil exists in these unknown locations. In order to be able to predict the date [...]

2006 Boston ASPO World Oil Conference

The 2006 Boston World Oil Conference will be held October 27th and 28th at Boston University in Boston, Massachusetts . Time for Action: A Midnight Ride for Peak Oil is co-hosted by ASPO-USA and Boston University. ASPO USA announces the second ?Dialogue with the Experts,? a high-level conference to discuss impacts of and responses to [...]

Low Gas Prices = Demand Increase

Americans are celebrating plunging gasoline prices by hitting the roads. After barely rising during the summer months, gasoline demand rose swiftly in September, the American Petroleum Institute said Wednesday. Deliveries of gasoline to U.S. service stations, a proxy for demand, rose more than 4% in September from the same month a year ago. That number [...]

Global Oil Addiction Alternatives

The economic growth of many nations is exclusively linked to the international oil production economy. This fact results in increased resouce competition between the great powers, and as we have seen in recent U.S. foreign policy, war and conflict are born from these factors. The growing energy needs of Asian nations such as China and [...]

Has Oil Production ‘Peaked’ Too Soon?

Recent oil reserve discoveries are leading some to wonder if the peak oil theory is off target in it’s predictions for world oil depletion. Predicting the end of oil is not an easy or even particularly scientific process. Predicting the impact of the oil decline is even more difficult. This article debates whether or not [...]

Antarctic Ice Shelf Collapse Due to Human Activity

The first direct evidence linking human activity to the collapse of Antarctic ice shelves is published this week in the Journal of Climate. Scientists from the British Antarctic Survey (BAS), the Centre for Polar Observation and Modelling, University College London, and the Katholieke Universiteit Leuven, (Belgium) reveal that stronger westerly winds in the northern Antarctic [...]

What is Peak Oil?

What is Peak Oil? The term “peak oil” is used to describe the point at which the earth’s supply of oil will no longer be able to meet our energy needs. Oil is not a renewable energy source, and therefore can and will be exhausted at some point in the future. There is still a [...]

Military Oil Usage Statistics

The United States Military is the the world’s largest fuel-burning entity. More than half of the defense department’s fuel budget is spent on fueling the U.S. Air Force. The Navy consumes about one third of defense oil resources and the Army uses around 12%. 25% of military energy is used to power and heat buildings [...]

Fossil Fuel Energy Solutions

It is going to take a monumental change in thinking and habits in order to reduce our dependance on oil as an energy source. At the point of peak production we will find ourselves scrambling to compete for what fuel supplies remain. How will we deal with this crisis? The Energy Information Agency predicts we [...]

The End of Industrial Expansion

World oil production has reached peak capacity. We are now facing the downside of the peak oil curve and the consequences on world energy markets will be more than uncomfortable. The decrease in production capacity means we no longer have the ability to compensate for minor fluctuations in oil markets. The major crude oil suppliers [...]

World Oil Prices Will Double by 2030

According to ExxonMobil, global energy prices will most certainly grow up to 50% by the year 2030. This price increase is estimated to occur due to the pace of expanding economies in developing countries, and the rate of worldwide population growth. “Perhaps most significant, we anticipate energy demand in developing Asia-Pacific to grow at 3.2 [...]

Oil Price Investment Trends

The price of oil is down almost 25%. Gasoline prices at the pump are down almost $1. Make no mistake, though, the returns on your investment portfolio over the next 10-15 years will be determined by energy investments. Invest wisely and prosper; don?t, and risk peril. Don?t be fooled by short-term trends in the price of [...]

Vortex Flow Technology for Gas and Oil Production

The Stripper Well Consortium has developed an innovative new technology which will decrease production costs and increase oil production in low-producing oil wells, known as ’stripper wells’. This technology is hoped to be able to help secure the U.S. nation’s oil and gas supplies by taking advantage of many low-yield wells. Currently 80% of United [...]

Dead Sea Oil Discovery

A possibly lucrative oil supply has been discovered in the dead sea, according to The Genco Group. Company officials believe the discovery could supply from 4 to 6 million barrels of oil. The oil was discovered at a depth of 2000 meters, and is estimated to have a potential value of $300,000,000. Originally exploration of [...]

2008 US Presidential Elections

The 2008 US presidential elections will be very important considering the implications of the coming peak oil crisis. The oil issue is likely to be downplayed during the 2006 elections. However, many major oil producing nations are quickly approaching depletion, and many analysts believe we will reach the peak oil production during the 2008-2012 presidential [...]

The Population Bomb

As the global population problem increases, serious problems seem likely to occur. All sectors of the economy will experience price increase and demand due to resource shortages. Overcrowding brings out the worst in people, as we have seen thanks to the “road rage” phenomenon. Add to these stresses looming climate change challenges and energy supply [...]

Western Oil Supplies at Risk

A former government adviser has warned it is “only a matter of time” before BP or Shell faces a bid from a Russian state-owned group such as Gazprom which could threaten western oil supplies. Professor Peter Odell, an energy economist, says ExxonMobil is also vulnerable to a Chinese takeover as the large UK and American stock-listed [...]

Running out of Oil?

Oil importing countries faced an unassailable challenge with the “historic high” price of oil. In 1864, a barrel of Pennsylvanian oil traded for 8.06 in dollars of the day ($97.79 of 2004) and in 1980, a barrel of Arabian light (posted at Ras Tanura) sold for 35.69 in dollars of the day ($82.15 of 2004). [...]

Crude Oil Market Turning Point

There are three choices for the market in crude oil after its recent steep falls. It can stay roughly around where it is now, $62. It can fall back down through the technical and software barriers that support it to new year lows or it can go higher once more. Perhaps very high. It all [...]

Post-Oil Infrastructure Technology

Most schemes for a post-oil technology are based on the misconception that there will be an infrastructure, similar to that of the present day, which could support such future gadgetry. Modern equipment, however, is dependent on specific methods of manufacture, transportation, maintenance, and repair. In less abstract terms, this means machinery, motorized vehicles, and service [...]

Cities of the Future

Back in the early 20th Century, when the cheap oil fiesta was just getting underway, and some major new technological innovation made its debut every month ? cars, radio, movies, airplanes ? there was no practical limit to what men of vision could imagine about the future city, though often their imaginings were ridiculous. [...]

The Peak Oil Crisis

Events move quickly these days. Two months ago oil was north of $78 a barrel and, nationwide, gasoline was above to well above $3. The Middle East was threatening a conflagration and another exciting hurricane season was in the offing. Even the concept of peak oil was starting to get some scattered but serious attention [...]

The Theory of Peak Oil

“None of us can go a little way with a theory,” wrote John Henry Cardinal Newman (1801-1890) in his book Essays Critical & Historical . “When it once possesses us, we are no longer our own masters. It makes us speak its words, and do violence to our nature.” What is theory? What an interesting quotation about [...]

Peak Oil Revolution

Albert Einstein said, “We cannot solve our problems with the same thinking we used when we created them.” He also said, “Any fool can make things bigger, more complex, and more violent. It takes a touch of genius-and a lot of courage-to move in the opposite direction.” I spent the weekend with genius and with [...]