The known solutions are expensive, but the renewable sector doesn’t want to pay for them – their mantra remains that renewables are cheaper than fossil fuels so the others should pay for them – hiding the expense.
The Oil Drum staff wishes a Happy New Year to all in our readership community. We are on a brief hiatus during this period, and will be back with our regular publications early in the new year. In the meantime, we present...
According to the BP statistical review of world energy 2010, the big six Middle East OPEC oil producers (Saudi Arabia, Iran, Iraq, Kuwait, Unite Arab Emirates (UAE) and Qatar) had 743 billion barrels (Gbs) of proved oil reserves...
Shale gas plays in the United States are commercial failures and shareholders in public exploration and production (E&P) companies are the losers. This conclusion falls out of a detailed evaluation of shale-dominated...
I thought that, with the indulgence of the more technically qualified of the commentators, I might take a little time to explain in my own way, some of the many issues that were debated here at TOD over the past week...
In trying to estimate the size of the problem that will face the world as the available reserves of fossil fuel begin to decline, one has to make some assumptions about the size of the volumes that are available...
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