Saudi Arabia Hit Peak Oil?

Eco Auto Ninja

If you hadn’t already heard, the Wikileak du jour is that the US believes that Saudi Arabia has hit peak oil, or in other words, the maximum rate of oil extraction has been reached. Not only has the peak been hit but the report suggests that the world will start to see a decline in oil production growth as early as 2012. This is due to the claim that Saudi Arabia has less oil beneath its sands than it has been making out.

Post “Peak Oil” Transportation – The Bicycle

Green (Living) Review

by Michael Smith (Veshengro) Transportation after “Peak Oil” will be very much a return to the times before the motorcar and this will mean, theoretically, only three modes of transport for most people. Once the balloon has gone up finally and the oil, the cheap and exploitable oil, is gone transportation will be different and we will have to return to walking and cycling and we want to look here at bicycles and maintaining them “after the event”, as I like to call it.


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2010 Peak Oil Conference

Green (Living) Review

Global Energy Experts Agree: We are Facing the End of Oil as We Know It Speakers at ASPO-USA Conference Urge Government Action Now WASHINGTON, DC, USA: Economists, activists, technical experts and policymakers from across the political spectrum gathered October 7-9, 2010 in Washington, DC to discuss the global energy crisis. After 150 years of oil extraction; most major oil exporting nations are well past their supply peaks, defined by scientists as “Peak Oil.”

2010 141

What ever happened to peak oil?

Environmental Economics

In the old days we would post on peak oil all the time (the peak oil trolls really wore Tim out). But I can't find a peak oil post that is more recent than September 2011, and that one was asking the same question as this headline. But he said that the ability produce from oil-and-gas reservoirs that were once out-of-reach will enable supply to keep up.

Whatever Happened to Peak Oil?

Nature Conservancy - Science

About 10 years ago, discussions of peak oil were everywhere. Peak oil was a cover story in Newsweek and National Geographic. When would the production of oil from the Earth’s crust begin to drop and fail to keep up with rising demand, particularly from the developing world? What would be the impact of peak oil on the price of gasoline for each of us? Several petroleum geologists estimated that sometime between 2004 to 2008, we’d reach peak oil.

Saudi Peak Oil Could Affect World in 2012

Green Prophet

While most experts say it is hard to know what is really going on with Saudi oil supplies , ”What we do know is that, for whatever reason, Saudi Arabia produced 600,000 fewer barrels each day in 2010 than it did in 2005, and with growing Saudi consumption of their own oil, the drop in exports from Saudi Arabia has been even more dramatic.” ” That is the opinion of UC San Diego economist James Hamilton who brings a fresh perspective to peak oil.

Peak Oil! Another Myth?!?

Green (Living) Review

by Michael Smith (Veshengro) According to specialists in the field of geology as regards to oil there is no geological “peak oil”; just a political one. This was mentioned on some radio broadcasts on the BBC recently with regards to the untapped Iraqi oil reserves which, according to the experts, are larger than the Saudi Arabian ones have ever been. The only thing, so experts, that is causing a feeling of “peak oil” is created politically by oil producing nations.

Peak Oil threat to British Columbia's food supply, says report

Green (Living) Review

by Michael Smith (Veshengro) Climate Change and rising oil prices are a threat to ability of British Columbia to feed itself in the future, say scientists and planners. Rick Balfour, who served as chairman of the Vancouver Planning Commission until last week, has organized "war games" sessions for planning and futurist conferences in which people try to work out how societies and economies reorganize as a result of oil price shock.

Peak oil?

Environmental Economics

For the first time in decades, the emerging prize of global energy may be the Americas, where Western oil companies are refocusing their gaze in a rush to explore clusters of coveted oil fields. the new oil exploits in the Americas suggest that technology may be trumping geology, especially in the region’s two largest economies, the United States and Brazil. I haven't heard those two words in a long time.

Peak Oil solutions

The Green Changemakers

PERMACULTURE & PEAK OIL: Beyond 'Sustainability' David Holmgren is co-originator (with Bill Mollison) of the permaculture concept and author of the recent book, PERMACULTURE: Principles and Pathways Beyond Sustainability. Learning from Cuba's Response to Peak Oil Megan Quinn of The Community Solution discusses her visit to Cuba, and the movie "The Power of Community".

New, easy to understand book on Peak Oil and a world after the Oil Age

Green (Living) Review

Epsom, Surrey, UK, July 2010 : In “The End of Oil”, published in July 2010 by Tatchipen Media, the Romani Publishing & Media Company, the author, Michael Smith (Veshengro), points out the facts of the (cheap) oil running out and to what a world after the Oil Age might be like, in an easy manner. This 70-page book in A4 format is written with the layperson in mind enabling him or her to understand the serious issue of Peak Oil and the implications of a post Oil Age world.

Mitigation strategies for Peak oil

The Green Changemakers

[link] Peak Oil represents a unique challenge and unlike 1973, peaking won't be brief but permanent. On a global scale Peak Oil is a problem without a solution. Energy expert Simmons says that once energy peaks, the shock will be greater than anyone could imagine, while there is no solution to the problem other than to pray. Some countries around the globe will without doubt suffer much more than others as a result of a Peak Oil crisis.

A Critical Look at Peak Oil Catastrophism

The Green Changemakers

by Toby Hemenway There is no doubt that oil is running out. Our demand for oil is unchangeable and is not significantly affected by price. We are so badly addicted to oil that we will watch our civilization collapse rather than change our behavior. Significant oil conservation is not possible in the time frame needed. Even with conservation, demand will be more than oil plus alternatives can possibly meet.

What if Peak Oil is Real?

Living In a Toxic World

I don't mean to be a purveyor of doom and gloom but what if peak oil is real and happening now? Everything we have hinges on readily available crude oil. If peak oil happens and we experience significant scarcity we need to prepare to change everything we do. Tags: economics individual responsibility oil prices energy use Most of us have enjoyed the comforts of cheap and accessible everything. If that ends what will happen?

Peak oil - A Chance to Change the World

The Green Changemakers

Richard Heinberg is a senior fellow at the Post Carbon Institute and the author of The Party’s Over: Oil, War, and the Fate of Industrial Societies , Peak Everything: Waking Up to the Century of Declines , and The End of Growth: Adapting to Our New Economic Reality. [link].Again, Again, I am addressing my words especially to you students. This will be the defining reality of your lives.

How will the End of Oil arrive?

Green (Living) Review

We have already gone past “Peak Oil”; at least according to most of he experts, and we must, therefore, anticipate the end of cheap oil to be upon us very soon indeed. This action points to the fact that we are already in trouble as far as oil supplies are concerned. The ordinary person will no longer have access to gasoline or diesel and, more than likely, even heating oil. 2010 This is an extract from the book “The End of Oil” by this author.

2010 127

Peak energy, climate change, and the collapse of global civilization - The current peak oil crisis

The Green Changemakers

You can only use oil once. Soon all the oil is going to be burned and all the metals mined and scattered.” – M. Although there will be oil remaining in the ground when world oil production peaks, the remaining oil will become increasingly difficult and more costly to produce until the marginal financial and energy cost of producing oil exceeds the marginal profit and energy gained. Peak oil is happening now.

Community Solutions for Peak Oil and Post Carbon

The Green Changemakers

Click on any question for the answer: Q: What is Peak Oil? Q: Why should I be concerned about Peak Oil? Q: Does the arrival of Peak Oil mean we are running out of oil? Q: If half of the oil that ever existed is still in the ground, and demand for oil is rising now, why can't we keep increasing oil extraction? Q: When will Peak Oil occur? Q: What will the history of oil extraction look like?

2008 40

The Power of Community: How Cuba Survived Peak Oil

The Green Changemakers

The Power of Community: How Cuba Survived Peak Oil - 53 min - Jul 6, 2008 [link] When the Soviet Union collapsed in 1990, Cuba's economy went into a tailspin. With imports of oil cut by more than half – and food by 80 percent – people were desperate. The film opens with a short history of Peak Oil, a term for the time in our history when world oil production will reach its all-time peak and begin to decline forever.

2008 40

The Power of Community: How Cuba Survived Peak Oil

The Green Changemakers

With imports of oil cut by more than half – and food by 80 percent – people were desperate. The film opens with a short history of Peak Oil, a term for the time in our history when world oil production will reach its all-time peak and begin to decline forever. Link: [link] When the Soviet Union collapsed in 1990, Cuba's economy went into a tailspin.

2007 40

International Conference on Peak Oil and Climate Change: Paths to Sustainability

The Green Changemakers

[link] The International Conference on Peak Oil and Climate Change: Paths to Sustainability is an online, virtual conference based on the May 30 - June 1, 2008 Local Future event. INTRODUCTION to INTERNATIONAL CONFERENCE ONLINE Gas prices are rising, demand for oil is rising, but the oil supply stopped rising over three years ago. Peak oil may be here , and it's taking us unprepared. How long can this global oil supply level be maintained?

2008 40

Global oil consumption hit record high in 2010

Green (Living) Review

Demand is outpacing supply as demand increases drastically causing supply shortfall By Michael Smith (Veshengro) Some illuminating new stats on global oil production, consumption, and the shifting landscape of oil producing nations. Reports show that global oil consumption was up in 2010, bucking the trend for the two previous years under the grips of the Great Recession, increasing 2.7 The rejiggered oil production rankings now have Russia leading the world (10.27

2010 129

Sustainable Architecture Saudi Style: King Abdullah Financial District

Green Prophet

Really, it’s difficult to blame the Kingdom’s residents for striking it rich with oil , expanding their quality of life, and not wanting to let it go even as the world gets hotter and ecosystems collapse. Architecture & Urban Climate Change Energy Efficiency greenbuilding passive design Peak Oil sustainable building sustainable design

2011 84

Oil Will Be A Past Relic When Today’s Babies Hit Fifty

Green Prophet

A senior economist at HSBC claimed in a recent report that the world’s oil resources are only expected to last five more decades, according to a New York Times report. An earlier report from Wikileaks that Saudi Arabia’s peak oil is expected to happen much sooner than thought and desperate measures by mega oil companies corroborate this notion. Rising population, particularly in China, are putting huge stresses on oil production.

2011 80

You Might Need This Some Day

Green Living Ideas

Here’s a green living idea – a survival tool that you might need in the future after a few decades of climate change and peak oil. Tags: Climate Change/Global Warming climate change IDE peak oil treadle pump water wars You might want to bookmark this page. IDE; which describes itself as “creating income opportunities for the rural poor&# , has invented a very simple-tech treadle device for [.] [ You Might Need This Some Day from Green Living Ideas ].

2010 55

Saudi Acts as Oil Cheerleader at COP 17 Circus

Green Prophet

Saudi is pulling out the pom poms to protect OPEC oil-producing nations from losing money as climate change negotiations start at the COP 17 circus in Durban. For a perfect example of this, look at Saudi Arabia: despite showing the highest GDP growth in 8 years , one of the world’s most extravagant nations is protecting itself against new policies that might put their oil-wealth at risk.

Arab World’s Stars of Science Reality TV Show Lacks Green Vision

Green Prophet

Like Abu Dhabi, where Masdar City – the Middle East’s most ambitious study in sustainable development – was born, oil-rich Qatar is building a lagging knowledge base for the day that oil runs out, but that’s where their similarities end. Cleantech, Science & Technology arab clean tech design green design Middle East Peak Oil Qatar Reality TV Science and Technology Stars of Science Sustainable Development

2012 70

George Monbiot and the enviro-neocons

Green Blog

Last month he produced a post labelled “ We were wrong on peak oil. All this demonstrates is that George Monbiot never understood the crisis of peak oil to begin with (see Jeremy Leggett of Solar Century’s rebuttal here also in the Guardian ). Peak oil was never about some sort of scenario where it and global warming would sort of cancel each other out. Peak oil is not about us running out of oil, but about us running out of the cheap easily produced oil.

Gas saving pills and additives

Green Living Tips

peak oil continues to fuel the market for magic pills, gadgets and additives. Environmental concerns coupled with high prices at the gas pump and the specter of. promising better gas mileage and less emissions. But do they work

2012 140

Dirt vs. soil

Green Living Tips

Most of us would have heard of Peak Oil, but what about Peak Soil? Soil is yet another natural resource we are rapidly depleting. Learn about the differences between dirt and soil and what you can do to help conserve this precious material

2011 185

Peak Everything? Save Your Junk.

Green Prophet

Cleantech, Science & Technology ewaste natural materials peak everything Peak Oil recycling Sustainable DevelopmentDon’t throw out your e-waste and other junk; in a few decades, you could be sitting on a gold mine. . Last year we posted a funky little video that detailed what goes into making just one cell phone.

2011 68

Are Peak Oilers really economists in sheep's clothing?

Environmental Economics

In response to John's Peak Oil post, a reader writes: Tar Sands, fracking and deep water drilling actually PROVE Peak Oil. These techniques are only attractive because the cheap oil is being used up. Peak Oil predicts that as sources in each price tier are tapped out, production moves to the next least expensive tier.   As oil becomes more scarce, oil will become more difficult to find, more difficult to extract and less profitable. 

Daily Demand and Supply: Oil Glut

Environmental Economics

AKA Peak oil on opposite day: Global oil markets are flooded with cheap crude, and concerns about climate change are growing louder. The last thing the world seems to be craving is the discovery of new large oil and natural gas fields. But such fields have been found in the last month. And two of them are in the United States — one in Texas and the other off Alaska.

2016 125

Daily demand and supply: perfect complements and shortages

Environmental Economics

don't buy a car unless you have resolved your fears about  Peak Oil ). Living in a somewhat dysfunctional three-level house, we decided to put up a second tree to better spread holiday cheer. I  I live in  an area that grows a lot of Christmas trees  so they are not hard to find. After getting the first tree at a farm with hay rides and hot chocolate on Black Friday, we hit the Boy Scout market at the side of the road and got a 6' tree for $30.

2014 168

Urban Agriculture to be Extended in Cuba

Green (Living) Review

Cuba also had little chance to do other after the collapse of the USSR when it met its very own Peak Oil well ahead of the rest of the world. We all would do well to take a couple of leaves out the Cuban book and learned from their experiences before we run headlong into our own Peak Oil problems and have to learn the hard way.

Cuba 116

A Peak Oiler Comes Around?

Environmental Economics

When I first came to The Oil Drum over seven years ago I was looking for information to explain the steadily rising oil price. 100+ oil has opened the door to exploitation of more expensive resources and reserves. I used to read The Oil Drum regularly because it gave me an easy target to show off my econ-ammo. They I stopped reading it for a while because, well, it was just too easy: peak oil theory is wrong--Hotelling (or an extension thereof) was right.

2013 152

I find it somewhat ironic that our oil reserves outlasted the "Peak Oilers'" blog

Environmental Economics

Geez, now who are we going to use as strawmen in the Peak Oil debate? The Oil Drum (TOD) was an internet energy phenomenon that ran for over eight years from April 2005 to September 2013. In the course of 2013, a decision was made to archive The Oil Drum and the main purpose of this Last Post is to provide some direction to new and future readers of the vast content it contains.

2013 131

Couldn't drag me away

Environmental Economics

When peak oil hits I'm using my last drop of gas to get to Currituck. Under the Dome : Apparently the U.S. House can agree on this much: wild horses. The House on Monday unanimously passed the Corolla Wild Horses Protection Act. The bill, sponsored by U.S. Walter Jones, a Farmville Republican, provides for a new public-private management plan for the horses that run wild on the Outer Banks. The plan will not cost any additional taxpayer money.

2013 131

Useful links for Transition Culture

The Green Changemakers

Links Top 5 Links 'Heart' of Social Change Climate Change Communities Localising Economics Green Building Green Building Materials Green Design Natural Building Peak Oil Permaculture Renewables Working with Communities.

Business calls for urgent action on “oil crunch” threat to UK economy

Green (Living) Review

Taskforce warns Britain is unprepared for significant risk to companies and consumers by Michael Smith (Veshengro) A group of leading business people in February 2010 issued a call for urgent action to prepare the UK for Peak Oil. The second report of the UK Industry Taskforce on Peak Oil and Energy Security (ITPOES) finds that oil shortages, insecurity of supply and price volatility will destabilize economic, political and social activity potentially by 2015.

2010 117

Has the End of Oil arrived?

Green (Living) Review

by Michael Smith (Veshengro) Some while ago there were many who were still poo-pooing the notion of “Peak Oil” and the “End of Oil” and the “End of the Oil Age” but recent developments definitely seem to be indicating this. It would thus appear that my recently published small tome entitled “ The End of Oil ” is a very timely arrival then. 2010 My book “The End of Oil” can be purchased via [link]. Tags: End of Oil end of the oil age

2010 110

Saudi’s Soaring Construction Industry Could Negate Costly Water Investments

Green Prophet

With oil reserves overestimated by 40% , and peak oil on the horizon , the Royals are realizing the need to diversify. Saudi Arabia is investing huge sums to diversify its water supply, while at the same time fanning a booming construction industry. Will the latter negate the former? Desertification, depletion of underground water sources, and lack of perennial rivers or permanent water bodies are among Saudia Arabia’s greatest environmental challenges.

How Saudi Arabia Plans To Win The Food War

Green Prophet

Without its oil wealth, Saudi Arabia’s 27 million inhabitants would eventually starve. But oil wealth currently ensures that its own population will be fed in the decades to come, as it enables the kingdom to invest huge sums to develop agriculture projects in Africa, Turkey, and elsewhere. As long as it continues to earn money from oil exports, Saudi will not get left behind. Peak oil is the kingdom’s leading nemesis.