Guest Post by Willis Eschenbach Well, having had such a good time with M. King Hubbert meeting the EIA, I thought I’d toss out another puzzle. This one is inspired by a statement from the King himself that someone quoted...
David Cameron describes the economic downturn as "no normal recession" UK Prime Minister David Cameron to party conference, 5th October 2011.
It is easy to become befuddled by the current discourse on peak oil. Peak oil is defined generally as the point at which the flow rate of oil to society has reached a maximum. But this simple definition has issues too, such...
At the most recent ASPO-USA conference, I gave a presentation as part of a panel hosted by The Oil Drum. The subject matter of my post was taken from a recent paper developed by Charles Hall and me on peak oil, net energy,...
An update on the latest production
numbers from the
EIA along with graphs/charts of
different oil production forecasts.
World oil production (EIA Monthly) for crude oil
+ NGL. The median forecast is calculated from...
Cutler Cleveland of Boston University has reported that the EROI of oil and gas extraction in the U.S. has decreased from 100:1 in the 1930’s to 30:1 in the 1970’s to roughly 11:1 as of 2000 (Figure 1). But beyond the...
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