cjwirth's Comments cjwirth's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/122090/comments Countering Those Anti-Peak Oil Types http://seekingalpha.com/article/160336-countering-those-anti-peak-oil-types?source=feed#comment-665873 665873 survivingpeakoil.blogs...

and the depletion picture is far worse than Simmons indicated: survivingpeakoil.blogs...

and this government and scientific research too: www.peakoilassociates....]]>
Tue, 08 Sep 2009 05:53:33 -0400 survivingpeakoil.blogs...

and the depletion picture is far worse than Simmons indicated: survivingpeakoil.blogs...

and this government and scientific research too: www.peakoilassociates....]]>
Natural Gas: America's Energy Salvation http://seekingalpha.com/article/159932-natural-gas-america-s-energy-salvation?source=feed#comment-663948 663948
HOUSTON CHRONICLE
August 31, 2009
A little shale gas skepticism from Matt Simmons

This weekend we reported on a perspective that the oil industry's 150th anniversary may be the beginning of a natural gas era in the U.S., thanks to the lower CO2 releases from the fuel and the abundance of gas-bearing shale.

Matt Simmons, (he of Twilight in the Desert) believes the excitement of huge domestic reserves of natural gas in shale is overblown and outright incorrect.

"In the 40 years I've followed the industry I've been continuously amazed at the tangent people are willing to go off on without any data, or by getting the data wrong," Simmons said.

When producers tap natural gas in shale formations the output is very high at first, with as much as 70 percent of the reserves tapped in the first year, Simmons said. Another 20 percent of the total is tapped in the second year while the remaining 10 percent, in theory, plays out over the next decade or more.

Simmons simply doesn't believe all the gas is there that many believe and that the process of getting at it - the water-intensive hydraulic fracturing method - is a huge waste of otherwise drinkable water. A report linking contaminated drinking water to the process could be troubling for the procedure, he says.

"I don't think natural gas will be this bridge fuel to the future," Simmons said. "I don't think the reserves will ever prove up enough to make them viable in the long term."

blogs.chron.com/newswa...

And see:

www.theoildrum.com/nod...

And the EIA concludes much the same, see the section "Substitution of Natural Gas for Petroleum Consumption" a little more than half way down the page:

www.eia.doe.gov/oiaf/a...

and then these data about how fast oil supply reduction is occurring for the U.S:

survivingpeakoil.blogs...

The capital for natural gas conversions and supply infrastructure will disappear as oil supply reduction impacts the U.S. economy.

And these article do not even take into account declining oil supplies and how that will impact the economy:

seekingalpha.com/insta...

www.commodityonline.co...

www.guardian.co.uk/wor...

And the IEA indicates that "the oil crisis begins to grip after 2010:"

survivingpeakoil.blogs...

Best regards,

Cliff Wirth]]>
Sun, 06 Sep 2009 11:14:25 -0400
HOUSTON CHRONICLE
August 31, 2009
A little shale gas skepticism from Matt Simmons

This weekend we reported on a perspective that the oil industry's 150th anniversary may be the beginning of a natural gas era in the U.S., thanks to the lower CO2 releases from the fuel and the abundance of gas-bearing shale.

Matt Simmons, (he of Twilight in the Desert) believes the excitement of huge domestic reserves of natural gas in shale is overblown and outright incorrect.

"In the 40 years I've followed the industry I've been continuously amazed at the tangent people are willing to go off on without any data, or by getting the data wrong," Simmons said.

When producers tap natural gas in shale formations the output is very high at first, with as much as 70 percent of the reserves tapped in the first year, Simmons said. Another 20 percent of the total is tapped in the second year while the remaining 10 percent, in theory, plays out over the next decade or more.

Simmons simply doesn't believe all the gas is there that many believe and that the process of getting at it - the water-intensive hydraulic fracturing method - is a huge waste of otherwise drinkable water. A report linking contaminated drinking water to the process could be troubling for the procedure, he says.

"I don't think natural gas will be this bridge fuel to the future," Simmons said. "I don't think the reserves will ever prove up enough to make them viable in the long term."

blogs.chron.com/newswa...

And see:

www.theoildrum.com/nod...

And the EIA concludes much the same, see the section "Substitution of Natural Gas for Petroleum Consumption" a little more than half way down the page:

www.eia.doe.gov/oiaf/a...

and then these data about how fast oil supply reduction is occurring for the U.S:

survivingpeakoil.blogs...

The capital for natural gas conversions and supply infrastructure will disappear as oil supply reduction impacts the U.S. economy.

And these article do not even take into account declining oil supplies and how that will impact the economy:

seekingalpha.com/insta...

www.commodityonline.co...

www.guardian.co.uk/wor...

And the IEA indicates that "the oil crisis begins to grip after 2010:"

survivingpeakoil.blogs...

Best regards,

Cliff Wirth]]>
What the IEA Doesn't Want You to Know About Peak Oil http://seekingalpha.com/article/160123-what-the-iea-doesn-t-want-you-to-know-about-peak-oil?source=feed#comment-663845 663845
The global oil production plateau from 2004 to 2008 is clear evidence of the peak. As oil prices climbed during this period, oil production leveled off. For more detail, see:

survivingpeakoil.blogs...

And the situation is more dire than Mr. Birol indicates:

survivingpeakoil.blogs...

www.peakoilassociates....


]]>
Sun, 06 Sep 2009 09:40:58 -0400
The global oil production plateau from 2004 to 2008 is clear evidence of the peak. As oil prices climbed during this period, oil production leveled off. For more detail, see:

survivingpeakoil.blogs...

And the situation is more dire than Mr. Birol indicates:

survivingpeakoil.blogs...

www.peakoilassociates....


]]>
Don’t Bet on a V-Shaped Economic Recovery http://seekingalpha.com/article/155054-dont-bet-on-a-v-shaped-economic-recovery?source=feed#comment-624258 624258 survivingpeakoil.blogs...]]> Mon, 10 Aug 2009 22:12:25 -0400 survivingpeakoil.blogs...]]> Peak Oil for Dummies http://seekingalpha.com/article/154901-peak-oil-for-dummies?source=feed#comment-622553 622553
www.theoildrum.com/nod...

and the EIA concludes much the same, see the section "Substitution of Natural Gas for Petroleum Consumption" a little more than half way down the page:

www.eia.doe.gov/oiaf/a...

and then these data about how fast oil supply reduction is occurring for the U.S:

survivingpeakoil.blogs...

The capital for natural gas conversions and supply infrastructure will disappear as oil supply reduction impacts the U.S. economy.

And these article do not even take into account declining oil supplies and how that will impact the economy:

seekingalpha.com/insta...

www.commodityonline.co...

www.guardian.co.uk/wor...

And the IEA indicates that "the oil crisis begins to grip after 2010:"

survivingpeakoil.blogs...

Best regards,

Cliff Wirth]]>
Sun, 09 Aug 2009 20:17:02 -0400
www.theoildrum.com/nod...

and the EIA concludes much the same, see the section "Substitution of Natural Gas for Petroleum Consumption" a little more than half way down the page:

www.eia.doe.gov/oiaf/a...

and then these data about how fast oil supply reduction is occurring for the U.S:

survivingpeakoil.blogs...

The capital for natural gas conversions and supply infrastructure will disappear as oil supply reduction impacts the U.S. economy.

And these article do not even take into account declining oil supplies and how that will impact the economy:

seekingalpha.com/insta...

www.commodityonline.co...

www.guardian.co.uk/wor...

And the IEA indicates that "the oil crisis begins to grip after 2010:"

survivingpeakoil.blogs...

Best regards,

Cliff Wirth]]>
Peak Oil for Dummies http://seekingalpha.com/article/154901-peak-oil-for-dummies?source=feed#comment-622128 622128
survivingpeakoil.blogs...

survivingpeakoil.blogs...

www.peakoilassociates....]]>
Sun, 09 Aug 2009 13:39:47 -0400
survivingpeakoil.blogs...

survivingpeakoil.blogs...

www.peakoilassociates....]]>
Book Review: 'Game Over' by Stephen Leeb http://seekingalpha.com/article/139502-book-review-game-over-by-stephen-leeb?source=feed#comment-517658 517658 www.peakoilassociates....

Time to prepare for Peak Oil impacts: survivingpeakoil.blogs.../]]>
Tue, 26 May 2009 08:23:37 -0400 www.peakoilassociates....

Time to prepare for Peak Oil impacts: survivingpeakoil.blogs.../]]>
Pondering the Fate of an Oil Exporter: Squandering One's Inheritance Cheaply http://seekingalpha.com/article/132205-pondering-the-fate-of-an-oil-exporter-squandering-one-s-inheritance-cheaply?source=feed#comment-472539 472539
"if one had converted the built-up years of oil revenue to new productive capacity in energy."

The problem is that renewable energy is a myth.

Renewables yield electric energy and 80 years of trying and no easy way to convert this into powering tractors, combines, trucks, ships, and airplanes. Likewise, algae oil and veggie oils are a myth in terms of solving the liquid fuels crisis.

Wake up folks, time to prepare for Peak Oil impacts.

Documented here:
survivingpeakoil.blogs.../
www.peakoilassociates....]]>
Wed, 22 Apr 2009 10:33:29 -0400
"if one had converted the built-up years of oil revenue to new productive capacity in energy."

The problem is that renewable energy is a myth.

Renewables yield electric energy and 80 years of trying and no easy way to convert this into powering tractors, combines, trucks, ships, and airplanes. Likewise, algae oil and veggie oils are a myth in terms of solving the liquid fuels crisis.

Wake up folks, time to prepare for Peak Oil impacts.

Documented here:
survivingpeakoil.blogs.../
www.peakoilassociates....]]>
Five Reasons to Invest in Agriculture http://seekingalpha.com/article/128333-five-reasons-to-invest-in-agriculture?source=feed#comment-443919 443919
And this is not the time to invest in gold and silver: survivingpeakoil.blogs...

And the dollar is not safe:
survivingpeakoil.blogs...]]>
Sun, 29 Mar 2009 09:19:24 -0400
And this is not the time to invest in gold and silver: survivingpeakoil.blogs...

And the dollar is not safe:
survivingpeakoil.blogs...]]>
Oil Rises Again: What Does it Mean? http://seekingalpha.com/article/127280-oil-rises-again-what-does-it-mean?source=feed#comment-436317 436317
Independent studies indicate that global crude oil production will now decline from 74 million barrels per day to 60 million barrels per day by 2015. During the same time, demand will increase. Oil supplies will be even tighter for the U.S. As oil producing nations consume more and more oil domestically they will export less and less. Because demand is high in China, India, the Middle East, and other oil producing nations, once global oil production begins to decline, demand will always be higher than supply. And since the U.S. represents one fourth of global oil demand, whatever oil we conserve will be consumed elsewhere. Thus, conservation in the U.S. will not slow oil depletion rates significantly.

Alternatives will not even begin to fill the gap. There is no plan nor capital for a so-called electric economy. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment. The independent scientists of the Energy Watch Group conclude in a 2007 report titled: “Peak Oil Could Trigger Meltdown of Society:”

"By 2020, and even more by 2030, global oil supply will be dramatically lower. This will create a supply gap which can hardly be closed by growing contributions from other fossil, nuclear or alternative energy sources in this time frame."

With increasing costs for gasoline and diesel, along with declining taxes and declining gasoline tax revenues, states and local governments will eventually have to cut staff and curtail highway maintenance. Eventually, gasoline stations will close, and state and local highway workers won’t be able to get to work. We are facing the collapse of the highways that depend on diesel and gasoline powered trucks for bridge maintenance, culvert cleaning to avoid road washouts, snow plowing, and roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, large transformers, steel for pylons, and high tension cables from great distances. With the highways out, there will be no food coming from far away, and without the power grid virtually nothing modern works, including home heating, pumping of gasoline and diesel, airports, communications, water supply, waste water treatment, and automated building systems.

Documented here:
www.peakoilassociates....
survivingpeakoil.blogs.../
]]>
Mon, 23 Mar 2009 08:49:42 -0400
Independent studies indicate that global crude oil production will now decline from 74 million barrels per day to 60 million barrels per day by 2015. During the same time, demand will increase. Oil supplies will be even tighter for the U.S. As oil producing nations consume more and more oil domestically they will export less and less. Because demand is high in China, India, the Middle East, and other oil producing nations, once global oil production begins to decline, demand will always be higher than supply. And since the U.S. represents one fourth of global oil demand, whatever oil we conserve will be consumed elsewhere. Thus, conservation in the U.S. will not slow oil depletion rates significantly.

Alternatives will not even begin to fill the gap. There is no plan nor capital for a so-called electric economy. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment. The independent scientists of the Energy Watch Group conclude in a 2007 report titled: “Peak Oil Could Trigger Meltdown of Society:”

"By 2020, and even more by 2030, global oil supply will be dramatically lower. This will create a supply gap which can hardly be closed by growing contributions from other fossil, nuclear or alternative energy sources in this time frame."

With increasing costs for gasoline and diesel, along with declining taxes and declining gasoline tax revenues, states and local governments will eventually have to cut staff and curtail highway maintenance. Eventually, gasoline stations will close, and state and local highway workers won’t be able to get to work. We are facing the collapse of the highways that depend on diesel and gasoline powered trucks for bridge maintenance, culvert cleaning to avoid road washouts, snow plowing, and roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, large transformers, steel for pylons, and high tension cables from great distances. With the highways out, there will be no food coming from far away, and without the power grid virtually nothing modern works, including home heating, pumping of gasoline and diesel, airports, communications, water supply, waste water treatment, and automated building systems.

Documented here:
www.peakoilassociates....
survivingpeakoil.blogs.../
]]>
Five Predictions for This Market http://seekingalpha.com/article/124063-five-predictions-for-this-market?source=feed#comment-412745 412745 survivingpeakoil.blogs...]]> Wed, 04 Mar 2009 11:43:07 -0500 survivingpeakoil.blogs...]]> Is Gold Really a Safe Haven? http://seekingalpha.com/article/122777-is-gold-really-a-safe-haven?source=feed#comment-404167 404167
The old economy of good times is gone forever, see this: survivingpeakoil.blogs...]]>
Thu, 26 Feb 2009 08:12:13 -0500
The old economy of good times is gone forever, see this: survivingpeakoil.blogs...]]>
Is Alternative Energy Dead? http://seekingalpha.com/article/121458-is-alternative-energy-dead?source=feed#comment-394829 394829 www.peakoilassociates....
survivingpeakoil.blogs.../]]>
Thu, 19 Feb 2009 09:16:21 -0500 www.peakoilassociates....
survivingpeakoil.blogs.../]]>
Does the International Energy Agency Want Oil to Go Higher? http://seekingalpha.com/article/120872-does-the-international-energy-agency-want-oil-to-go-higher?source=feed#comment-391835 391835 Tue, 17 Feb 2009 09:27:26 -0500 Welcome to a New World of Investing http://seekingalpha.com/article/115281-welcome-to-a-new-world-of-investing?source=feed#comment-359411 359411
There is no doubt that wages and housing prices will continue to fall. But lowered wages and unemployment means real inflation in prices.

And there is a real possibility of higher oil prices in 2009 due to Peak Oil declining production and political factors which could occur in Iraq, Nigeria, Iran or some unforeseen resource nationalism or revolutionary activity. The CIA has been caught off guard before, and it can happen again. Murphy's Law warns that If something can go wrong, it will; and in this case many things can go wrong.

And this recession may be permanent, due to Peak Oil.

Global crude oil production peaked in 2008.

The media, governments, world leaders, and public should focus on this issue.

Global crude oil production had been rising briskly until 2004, then plateaued for four years. Because oil producers were extracting at maximum effort to profit from high oil prices, this plateau is a clear indication of Peak Oil.

Then in August and September of 2008 while oil prices were still very high, global crude oil production fell nearly one million barrels per day, clear evidence of Peak Oil (See Rembrandt Koppelaar, Editor of "Oil Watch Monthly," December 2008, page 1) www.peakoil.nl/wp-cont....

Peak Oil is now.

Credit for accurate Peak Oil predictions (within a few years) goes to the following (projected year for peak given in parentheses):

* Association for the Study of Peak Oil (2007)

* Rembrandt Koppelaar, Editor of “Oil Watch Monthly” (2008)

* Tony Eriksen, Oil stock analyst; Samuel Foucher, oil analyst; and Stuart Staniford, Physicist [Wikipedia Oil Megaprojects] (2008)

* Matthew Simmons, Energy investment banker, (2007)

* T. Boone Pickens, Oil and gas investor (2007)

* U.S. Army Corps of Engineers (2005)

* Kenneth S. Deffeyes, Princeton professor and retired shell geologist (2005)

* Sam Sam Bakhtiari, Retired Iranian National Oil Company geologist (2005)

* Chris Skrebowski, Editor of “Petroleum Review” (2010)

* Sadad Al Husseini, former head of production and exploration, Saudi Aramco (2008)

* Energy Watch Group in Germany (2006)

* Fredrik Robelius, Oil analyst and author of "Giant Oil Fields" (2008 to 2018)

Oil production will now begin to decline terminally.

Within a year or two, it is likely that oil prices will skyrocket as supply falls below demand. OPEC cuts could exacerbate the gap between supply and demand and drive prices even higher.

Independent studies indicate that global crude oil production will now decline from 74 million barrels per day to 60 million barrels per day by 2015. During the same time, demand will increase. Oil supplies will be even tighter for the U.S. As oil producing nations consume more and more oil domestically they will export less and less. Because demand is high in China, India, the Middle East, and other oil producing nations, once global oil production begins to decline, demand will always be higher than supply. And since the U.S. represents one fourth of global oil demand, whatever oil we conserve will be consumed elsewhere. Thus, conservation in the U.S. will not slow oil depletion rates significantly.

Alternatives will not even begin to fill the gap. There is no plan nor capital for a so-called electric economy. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment. The independent scientists of the Energy Watch Group conclude in a 2007 report titled: “Peak Oil Could Trigger Meltdown of Society:”

"By 2020, and even more by 2030, global oil supply will be dramatically lower. This will create a supply gap which can hardly be closed by growing contributions from other fossil, nuclear or alternative energy sources in this time frame."

With increasing costs for gasoline and diesel, along with declining taxes and declining gasoline tax revenues, states and local governments will eventually have to cut staff and curtail highway maintenance. Eventually, gasoline stations will close, and state and local highway workers won’t be able to get to work. We are facing the collapse of the highways that depend on diesel and gasoline powered trucks for bridge maintenance, culvert cleaning to avoid road washouts, snow plowing, and roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, large transformers, steel for pylons, and high tension cables from great distances. With the highways out, there will be no food coming from far away, and without the power grid virtually nothing modern works, including home heating, pumping of gasoline and diesel, airports, communications, and automated building systems.

Documented here:
www.peakoilassociates....
survivingpeakoil.blogs.../
]]>
Sun, 18 Jan 2009 22:09:19 -0500
There is no doubt that wages and housing prices will continue to fall. But lowered wages and unemployment means real inflation in prices.

And there is a real possibility of higher oil prices in 2009 due to Peak Oil declining production and political factors which could occur in Iraq, Nigeria, Iran or some unforeseen resource nationalism or revolutionary activity. The CIA has been caught off guard before, and it can happen again. Murphy's Law warns that If something can go wrong, it will; and in this case many things can go wrong.

And this recession may be permanent, due to Peak Oil.

Global crude oil production peaked in 2008.

The media, governments, world leaders, and public should focus on this issue.

Global crude oil production had been rising briskly until 2004, then plateaued for four years. Because oil producers were extracting at maximum effort to profit from high oil prices, this plateau is a clear indication of Peak Oil.

Then in August and September of 2008 while oil prices were still very high, global crude oil production fell nearly one million barrels per day, clear evidence of Peak Oil (See Rembrandt Koppelaar, Editor of "Oil Watch Monthly," December 2008, page 1) www.peakoil.nl/wp-cont....

Peak Oil is now.

Credit for accurate Peak Oil predictions (within a few years) goes to the following (projected year for peak given in parentheses):

* Association for the Study of Peak Oil (2007)

* Rembrandt Koppelaar, Editor of “Oil Watch Monthly” (2008)

* Tony Eriksen, Oil stock analyst; Samuel Foucher, oil analyst; and Stuart Staniford, Physicist [Wikipedia Oil Megaprojects] (2008)

* Matthew Simmons, Energy investment banker, (2007)

* T. Boone Pickens, Oil and gas investor (2007)

* U.S. Army Corps of Engineers (2005)

* Kenneth S. Deffeyes, Princeton professor and retired shell geologist (2005)

* Sam Sam Bakhtiari, Retired Iranian National Oil Company geologist (2005)

* Chris Skrebowski, Editor of “Petroleum Review” (2010)

* Sadad Al Husseini, former head of production and exploration, Saudi Aramco (2008)

* Energy Watch Group in Germany (2006)

* Fredrik Robelius, Oil analyst and author of "Giant Oil Fields" (2008 to 2018)

Oil production will now begin to decline terminally.

Within a year or two, it is likely that oil prices will skyrocket as supply falls below demand. OPEC cuts could exacerbate the gap between supply and demand and drive prices even higher.

Independent studies indicate that global crude oil production will now decline from 74 million barrels per day to 60 million barrels per day by 2015. During the same time, demand will increase. Oil supplies will be even tighter for the U.S. As oil producing nations consume more and more oil domestically they will export less and less. Because demand is high in China, India, the Middle East, and other oil producing nations, once global oil production begins to decline, demand will always be higher than supply. And since the U.S. represents one fourth of global oil demand, whatever oil we conserve will be consumed elsewhere. Thus, conservation in the U.S. will not slow oil depletion rates significantly.

Alternatives will not even begin to fill the gap. There is no plan nor capital for a so-called electric economy. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment. The independent scientists of the Energy Watch Group conclude in a 2007 report titled: “Peak Oil Could Trigger Meltdown of Society:”

"By 2020, and even more by 2030, global oil supply will be dramatically lower. This will create a supply gap which can hardly be closed by growing contributions from other fossil, nuclear or alternative energy sources in this time frame."

With increasing costs for gasoline and diesel, along with declining taxes and declining gasoline tax revenues, states and local governments will eventually have to cut staff and curtail highway maintenance. Eventually, gasoline stations will close, and state and local highway workers won’t be able to get to work. We are facing the collapse of the highways that depend on diesel and gasoline powered trucks for bridge maintenance, culvert cleaning to avoid road washouts, snow plowing, and roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, large transformers, steel for pylons, and high tension cables from great distances. With the highways out, there will be no food coming from far away, and without the power grid virtually nothing modern works, including home heating, pumping of gasoline and diesel, airports, communications, and automated building systems.

Documented here:
www.peakoilassociates....
survivingpeakoil.blogs.../
]]>
Oil Price Lower on Inventory Numbers, But It Can't Go Much Lower http://seekingalpha.com/article/114914-oil-price-lower-on-inventory-numbers-but-it-can-t-go-much-lower?source=feed#comment-356388 356388
Oil shale will never yield anything as the investment is high both in capital and the use of oil, and the GAO and U.S. Army Corps of Engineers have said as much.

Tar sands production will not yield much oil, according the Canadian Energy Board, and production is stalled by the credit crunch, which will get worse.

Wind turbines and solar panels yield electric power which is not needed , as we will have spare electric power as factories, offices, and commercial centers close.

After 50 years of trying we still don't have good batteries, so electric power will not replace diesel trucks and tractors/combines.

Documented: www.peakoilassociates....
survivingpeakoil.blogs.../
]]>
Thu, 15 Jan 2009 08:38:24 -0500
Oil shale will never yield anything as the investment is high both in capital and the use of oil, and the GAO and U.S. Army Corps of Engineers have said as much.

Tar sands production will not yield much oil, according the Canadian Energy Board, and production is stalled by the credit crunch, which will get worse.

Wind turbines and solar panels yield electric power which is not needed , as we will have spare electric power as factories, offices, and commercial centers close.

After 50 years of trying we still don't have good batteries, so electric power will not replace diesel trucks and tractors/combines.

Documented: www.peakoilassociates....
survivingpeakoil.blogs.../
]]>
Oil Price Lower on Inventory Numbers, But It Can't Go Much Lower http://seekingalpha.com/article/114914-oil-price-lower-on-inventory-numbers-but-it-can-t-go-much-lower?source=feed#comment-356387 356387
Oil shale will never yield anything as the investment is high both in capital and the use of oil, and the GAO and U.S. Army Corps of Engineers have said as much.

Tar sands production will not yield much oil, according the Canadian Energy Board, and production is stalled by the credit crunch, which will get worse.

Wind turbines and solar panels yield electric power which is not needed , as we will have spare electric power as factories, offices, and commercial centers close.

After 50 years of trying we still don't have good batteries, so electric power will not replace diesel trucks and tractors/combines.

Documented: www.peakoilassociates....
survivingpeakoil.blogs.../
]]>
Thu, 15 Jan 2009 08:38:18 -0500
Oil shale will never yield anything as the investment is high both in capital and the use of oil, and the GAO and U.S. Army Corps of Engineers have said as much.

Tar sands production will not yield much oil, according the Canadian Energy Board, and production is stalled by the credit crunch, which will get worse.

Wind turbines and solar panels yield electric power which is not needed , as we will have spare electric power as factories, offices, and commercial centers close.

After 50 years of trying we still don't have good batteries, so electric power will not replace diesel trucks and tractors/combines.

Documented: www.peakoilassociates....
survivingpeakoil.blogs.../
]]>
Five Reasons to Invest in Canada http://seekingalpha.com/article/114318-five-reasons-to-invest-in-canada?source=feed#comment-353115 353115
Because of the Peak Oil ever worsening economic depression, eventually all investments will decline in value as oil production slows. This includes the tar sands. As natural gas production declines, tar sands production will cease.

In the long run, declining oil production means that land will become more valuable. But surviving on land in colder areas will be tough without oil.

With increasing costs for gasoline and diesel, along with declining taxes and declining gasoline tax revenues, states and local governments will eventually have to cut staff and curtail highway maintenance. Eventually, gasoline stations will close, and state and local highway workers won’t be able to get to work. We are facing the collapse of the highways that depend on diesel and gasoline powered trucks for bridge maintenance, culvert cleaning to avoid road washouts, snow plowing, and roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, large transformers, steel for pylons, and high tension cables from great distances. With the highways out, there will be no food coming from far away, and without the power grid virtually nothing modern works, including home heating, pumping of gasoline and diesel, airports, communications, and automated building systems.

Cutting and moving wood without trucks, horses, and wagons will be a major effort and very time consuming. There are not many horses around and it will take decades to breed enough horses to go around. Horses require food, care, vets, and medicine. No one is making wagons these days locally.

Wood stoves break, just like everything else. You could keep one or 2 extras, but eventually you have none and can't get more, because there is no transportation on the highways.

Asphalt roof shingles need to be replaced, and houses need to be painted and maintained.

Food must be grown in with a short growing season, and all of the farm stuff that used to be in a 1890 Sears catalog is no longer available. Last summer I took a tour of a farm and saw how dependent farming is on oil -- transportation and manufacture of plastic feeding bowls, containers to store grains/feeds, straw, roofs for animals and storage areas, wire, rope, wood boards, cement, fencing, antibiotics for animals, asphalt shingles etc. Seed and hardware used to be available at the local hardware store, no more.

Then there is clothing which is manufactured and transported from afar. Making cloth is a major operation from growing cotton to making cloth. I have studied the textile mills of Lowell National Historical Park in Lowell, MA for years, as I used it as an example of the confluence of capital, technology, and labor for a course I taught on Global Urban Politics at the University of New Hampshire. I know that the parts in those factories were manufactured in many places with a vast transportation network. After the last power blackout, those factories will not be built again. And there are not many sheep around, nor animals to make wool or leather cloth out of. Eventually down coats and comforters wear out, as do blankets. It sounds like just keeping warm will be a major problem.

Documented here: www.peakoilassociates....

I used to live in NH-USA, but moved to a sustainable place. Anyone interested in relocating to a nice, pretty, sustainable area with a good climate, rain, and good soil? Email: clifford dot wirth at yahoo dot com or give me a phone call which operates here as my old USA-NH number 603-668-4207. survivingpeakoil.blogs.../]]>
Mon, 12 Jan 2009 08:42:52 -0500
Because of the Peak Oil ever worsening economic depression, eventually all investments will decline in value as oil production slows. This includes the tar sands. As natural gas production declines, tar sands production will cease.

In the long run, declining oil production means that land will become more valuable. But surviving on land in colder areas will be tough without oil.

With increasing costs for gasoline and diesel, along with declining taxes and declining gasoline tax revenues, states and local governments will eventually have to cut staff and curtail highway maintenance. Eventually, gasoline stations will close, and state and local highway workers won’t be able to get to work. We are facing the collapse of the highways that depend on diesel and gasoline powered trucks for bridge maintenance, culvert cleaning to avoid road washouts, snow plowing, and roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, large transformers, steel for pylons, and high tension cables from great distances. With the highways out, there will be no food coming from far away, and without the power grid virtually nothing modern works, including home heating, pumping of gasoline and diesel, airports, communications, and automated building systems.

Cutting and moving wood without trucks, horses, and wagons will be a major effort and very time consuming. There are not many horses around and it will take decades to breed enough horses to go around. Horses require food, care, vets, and medicine. No one is making wagons these days locally.

Wood stoves break, just like everything else. You could keep one or 2 extras, but eventually you have none and can't get more, because there is no transportation on the highways.

Asphalt roof shingles need to be replaced, and houses need to be painted and maintained.

Food must be grown in with a short growing season, and all of the farm stuff that used to be in a 1890 Sears catalog is no longer available. Last summer I took a tour of a farm and saw how dependent farming is on oil -- transportation and manufacture of plastic feeding bowls, containers to store grains/feeds, straw, roofs for animals and storage areas, wire, rope, wood boards, cement, fencing, antibiotics for animals, asphalt shingles etc. Seed and hardware used to be available at the local hardware store, no more.

Then there is clothing which is manufactured and transported from afar. Making cloth is a major operation from growing cotton to making cloth. I have studied the textile mills of Lowell National Historical Park in Lowell, MA for years, as I used it as an example of the confluence of capital, technology, and labor for a course I taught on Global Urban Politics at the University of New Hampshire. I know that the parts in those factories were manufactured in many places with a vast transportation network. After the last power blackout, those factories will not be built again. And there are not many sheep around, nor animals to make wool or leather cloth out of. Eventually down coats and comforters wear out, as do blankets. It sounds like just keeping warm will be a major problem.

Documented here: www.peakoilassociates....

I used to live in NH-USA, but moved to a sustainable place. Anyone interested in relocating to a nice, pretty, sustainable area with a good climate, rain, and good soil? Email: clifford dot wirth at yahoo dot com or give me a phone call which operates here as my old USA-NH number 603-668-4207. survivingpeakoil.blogs.../]]>
U.S. In the Midst of a Revolution http://seekingalpha.com/article/113293-u-s-in-the-midst-of-a-revolution?source=feed#comment-347505 347505
The top story of the year is that global crude oil production peaked in 2008.

The media, governments, world leaders, and public should focus on this issue.

Global crude oil production had been rising briskly until 2004, then plateaued for four years. Because oil producers were extracting at maximum effort to profit from high oil prices, this plateau is a clear indication of Peak Oil.

Then in July and August of 2008 while oil prices were still very high, global crude oil production fell nearly one million barrels per day, clear evidence of Peak Oil (See Rembrandt Koppelaar, Editor of "Oil Watch Monthly," December 2008, page 1) www.peakoil.nl/wp-cont....

Peak Oil is now.

Credit for accurate Peak Oil predictions (within a few years) goes to the following (projected year for peak given in parentheses):

* Association for the Study of Peak Oil (2007)

* Rembrandt Koppelaar, Editor of “Oil Watch Monthly” (2008)

* Tony Eriksen, Oil stock analyst and Samuel Foucher, oil analyst (2008)

* Matthew Simmons, Energy investment banker, (2007)

* T. Boone Pickens, Oil and gas investor (2007)

* U.S. Army Corps of Engineers (2005)

* Kenneth S. Deffeyes, Princeton professor and retired shell geologist (2005)

* Sam Sam Bakhtiari, Retired Iranian National Oil Company geologist (2005)

* Chris Skrebowski, Editor of “Petroleum Review” (2010)

* Sadad Al Husseini, former head of production and exploration, Saudi Aramco (2008)

* Energy Watch Group in Germany (2006)

Oil production will now begin to decline terminally.

Within a year or two, it is likely that oil prices will skyrocket as supply falls below demand. OPEC cuts could exacerbate the gap between supply and demand and drive prices even higher.

Independent studies indicate that global crude oil production will now decline from 74 million barrels per day to 60 million barrels per day by 2015. During the same time, demand will increase. Oil supplies will be even tighter for the U.S. As oil producing nations consume more and more oil domestically they will export less and less. Because demand is high in China, India, the Middle East, and other oil producing nations, once global oil production begins to decline, demand will always be higher than supply. And since the U.S. represents one fourth of global oil demand, whatever oil we conserve will be consumed elsewhere. Thus, conservation in the U.S. will not slow oil depletion rates significantly.

Alternatives will not even begin to fill the gap. There is no plan nor capital for a so-called electric economy. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment. The independent scientists of the Energy Watch Group conclude in a 2007 report titled: “Peak Oil Could Trigger Meltdown of Society:”

"By 2020, and even more by 2030, global oil supply will be dramatically lower. This will create a supply gap which can hardly be closed by growing contributions from other fossil, nuclear or alternative energy sources in this time frame."

With increasing costs for gasoline and diesel, along with declining taxes and declining gasoline tax revenues, states and local governments will eventually have to cut staff and curtail highway maintenance. Eventually, gasoline stations will close, and state and local highway workers won’t be able to get to work. We are facing the collapse of the highways that depend on diesel and gasoline powered trucks for bridge maintenance, culvert cleaning to avoid road washouts, snow plowing, and roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, large transformers, steel for pylons, and high tension cables from great distances. With the highways out, there will be no food coming from far away, and without the power grid virtually nothing modern works, including home heating, pumping of gasoline and diesel, airports, communications, and automated building systems.

It is time to focus on Peak Oil preparation and surviving Peak Oil.
survivingpeakoil.blogs.../
www.peakoilassociates....
]]>
Tue, 06 Jan 2009 11:56:17 -0500
The top story of the year is that global crude oil production peaked in 2008.

The media, governments, world leaders, and public should focus on this issue.

Global crude oil production had been rising briskly until 2004, then plateaued for four years. Because oil producers were extracting at maximum effort to profit from high oil prices, this plateau is a clear indication of Peak Oil.

Then in July and August of 2008 while oil prices were still very high, global crude oil production fell nearly one million barrels per day, clear evidence of Peak Oil (See Rembrandt Koppelaar, Editor of "Oil Watch Monthly," December 2008, page 1) www.peakoil.nl/wp-cont....

Peak Oil is now.

Credit for accurate Peak Oil predictions (within a few years) goes to the following (projected year for peak given in parentheses):

* Association for the Study of Peak Oil (2007)

* Rembrandt Koppelaar, Editor of “Oil Watch Monthly” (2008)

* Tony Eriksen, Oil stock analyst and Samuel Foucher, oil analyst (2008)

* Matthew Simmons, Energy investment banker, (2007)

* T. Boone Pickens, Oil and gas investor (2007)

* U.S. Army Corps of Engineers (2005)

* Kenneth S. Deffeyes, Princeton professor and retired shell geologist (2005)

* Sam Sam Bakhtiari, Retired Iranian National Oil Company geologist (2005)

* Chris Skrebowski, Editor of “Petroleum Review” (2010)

* Sadad Al Husseini, former head of production and exploration, Saudi Aramco (2008)

* Energy Watch Group in Germany (2006)

Oil production will now begin to decline terminally.

Within a year or two, it is likely that oil prices will skyrocket as supply falls below demand. OPEC cuts could exacerbate the gap between supply and demand and drive prices even higher.

Independent studies indicate that global crude oil production will now decline from 74 million barrels per day to 60 million barrels per day by 2015. During the same time, demand will increase. Oil supplies will be even tighter for the U.S. As oil producing nations consume more and more oil domestically they will export less and less. Because demand is high in China, India, the Middle East, and other oil producing nations, once global oil production begins to decline, demand will always be higher than supply. And since the U.S. represents one fourth of global oil demand, whatever oil we conserve will be consumed elsewhere. Thus, conservation in the U.S. will not slow oil depletion rates significantly.

Alternatives will not even begin to fill the gap. There is no plan nor capital for a so-called electric economy. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment. The independent scientists of the Energy Watch Group conclude in a 2007 report titled: “Peak Oil Could Trigger Meltdown of Society:”

"By 2020, and even more by 2030, global oil supply will be dramatically lower. This will create a supply gap which can hardly be closed by growing contributions from other fossil, nuclear or alternative energy sources in this time frame."

With increasing costs for gasoline and diesel, along with declining taxes and declining gasoline tax revenues, states and local governments will eventually have to cut staff and curtail highway maintenance. Eventually, gasoline stations will close, and state and local highway workers won’t be able to get to work. We are facing the collapse of the highways that depend on diesel and gasoline powered trucks for bridge maintenance, culvert cleaning to avoid road washouts, snow plowing, and roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, large transformers, steel for pylons, and high tension cables from great distances. With the highways out, there will be no food coming from far away, and without the power grid virtually nothing modern works, including home heating, pumping of gasoline and diesel, airports, communications, and automated building systems.

It is time to focus on Peak Oil preparation and surviving Peak Oil.
survivingpeakoil.blogs.../
www.peakoilassociates....
]]>
The Law of Unintended Consequences: 20th Century and Beyond http://seekingalpha.com/article/113162-the-law-of-unintended-consequences-20th-century-and-beyond?source=feed#comment-346554 346554
The media, governments, world leaders, and public should focus on this issue.

Global crude oil production had been rising briskly until 2004, then plateaued for four years. Because oil producers were extracting at maximum effort to profit from high oil prices, this plateau is a clear indication of Peak Oil.

Then in July and August of 2008 while oil prices were still very high, global crude oil production fell nearly one million barrels per day, clear evidence of Peak Oil (See Rembrandt Koppelaar, Editor of "Oil Watch Monthly," December 2008, page 1) www.peakoil.nl/wp-cont....

Peak Oil is now.

Credit for accurate Peak Oil predictions (within a few years) goes to the following (projected year for peak given in parentheses):

* Association for the Study of Peak Oil (2007)

* Rembrandt Koppelaar, Editor of “Oil Watch Monthly” (2008)

* Tony Eriksen, Oil stock analyst and Samuel Foucher, oil analyst (2008)

* Matthew Simmons, Energy investment banker, (2007)

* T. Boone Pickens, Oil and gas investor (2007)

* U.S. Army Corps of Engineers (2005)

* Kenneth S. Deffeyes, Princeton professor and retired shell geologist (2005)

* Sam Sam Bakhtiari, Retired Iranian National Oil Company geologist (2005)

* Chris Skrebowski, Editor of “Petroleum Review” (2010)

* Sadad Al Husseini, former head of production and exploration, Saudi Aramco (2008)

* Energy Watch Group in Germany (2006)

* Fredrik Robelius, Oil analyst and author of "Giant Oil Fields" (2008 to 2018)

Oil production will now begin to decline terminally.

Within a year or two, it is likely that oil prices will skyrocket as supply falls below demand. OPEC cuts could exacerbate the gap between supply and demand and drive prices even higher.

Independent studies indicate that global crude oil production will now decline from 74 million barrels per day to 60 million barrels per day by 2015. During the same time, demand will increase. Oil supplies will be even tighter for the U.S. As oil producing nations consume more and more oil domestically they will export less and less. Because demand is high in China, India, the Middle East, and other oil producing nations, once global oil production begins to decline, demand will always be higher than supply. And since the U.S. represents one fourth of global oil demand, whatever oil we conserve will be consumed elsewhere. Thus, conservation in the U.S. will not slow oil depletion rates significantly.

Alternatives will not even begin to fill the gap. There is no plan nor capital for a so-called electric economy. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment. The independent scientists of the Energy Watch Group conclude in a 2007 report titled: “Peak Oil Could Trigger Meltdown of Society:”

"By 2020, and even more by 2030, global oil supply will be dramatically lower. This will create a supply gap which can hardly be closed by growing contributions from other fossil, nuclear or alternative energy sources in this time frame."

With increasing costs for gasoline and diesel, along with declining taxes and declining gasoline tax revenues, states and local governments will eventually have to cut staff and curtail highway maintenance. Eventually, gasoline stations will close, and state and local highway workers won’t be able to get to work. We are facing the collapse of the highways that depend on diesel and gasoline powered trucks for bridge maintenance, culvert cleaning to avoid road washouts, snow plowing, and roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, large transformers, steel for pylons, and high tension cables from great distances. With the highways out, there will be no food coming from far away, and without the power grid virtually nothing modern works, including home heating, pumping of gasoline and diesel, airports, communications, and automated building systems.

It is time to focus on Peak Oil preparation and surviving Peak Oil.
survivingpeakoil.blogs.../
www.peakoilassociates....
]]>
Mon, 05 Jan 2009 13:03:06 -0500
The media, governments, world leaders, and public should focus on this issue.

Global crude oil production had been rising briskly until 2004, then plateaued for four years. Because oil producers were extracting at maximum effort to profit from high oil prices, this plateau is a clear indication of Peak Oil.

Then in July and August of 2008 while oil prices were still very high, global crude oil production fell nearly one million barrels per day, clear evidence of Peak Oil (See Rembrandt Koppelaar, Editor of "Oil Watch Monthly," December 2008, page 1) www.peakoil.nl/wp-cont....

Peak Oil is now.

Credit for accurate Peak Oil predictions (within a few years) goes to the following (projected year for peak given in parentheses):

* Association for the Study of Peak Oil (2007)

* Rembrandt Koppelaar, Editor of “Oil Watch Monthly” (2008)

* Tony Eriksen, Oil stock analyst and Samuel Foucher, oil analyst (2008)

* Matthew Simmons, Energy investment banker, (2007)

* T. Boone Pickens, Oil and gas investor (2007)

* U.S. Army Corps of Engineers (2005)

* Kenneth S. Deffeyes, Princeton professor and retired shell geologist (2005)

* Sam Sam Bakhtiari, Retired Iranian National Oil Company geologist (2005)

* Chris Skrebowski, Editor of “Petroleum Review” (2010)

* Sadad Al Husseini, former head of production and exploration, Saudi Aramco (2008)

* Energy Watch Group in Germany (2006)

* Fredrik Robelius, Oil analyst and author of "Giant Oil Fields" (2008 to 2018)

Oil production will now begin to decline terminally.

Within a year or two, it is likely that oil prices will skyrocket as supply falls below demand. OPEC cuts could exacerbate the gap between supply and demand and drive prices even higher.

Independent studies indicate that global crude oil production will now decline from 74 million barrels per day to 60 million barrels per day by 2015. During the same time, demand will increase. Oil supplies will be even tighter for the U.S. As oil producing nations consume more and more oil domestically they will export less and less. Because demand is high in China, India, the Middle East, and other oil producing nations, once global oil production begins to decline, demand will always be higher than supply. And since the U.S. represents one fourth of global oil demand, whatever oil we conserve will be consumed elsewhere. Thus, conservation in the U.S. will not slow oil depletion rates significantly.

Alternatives will not even begin to fill the gap. There is no plan nor capital for a so-called electric economy. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment. The independent scientists of the Energy Watch Group conclude in a 2007 report titled: “Peak Oil Could Trigger Meltdown of Society:”

"By 2020, and even more by 2030, global oil supply will be dramatically lower. This will create a supply gap which can hardly be closed by growing contributions from other fossil, nuclear or alternative energy sources in this time frame."

With increasing costs for gasoline and diesel, along with declining taxes and declining gasoline tax revenues, states and local governments will eventually have to cut staff and curtail highway maintenance. Eventually, gasoline stations will close, and state and local highway workers won’t be able to get to work. We are facing the collapse of the highways that depend on diesel and gasoline powered trucks for bridge maintenance, culvert cleaning to avoid road washouts, snow plowing, and roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, large transformers, steel for pylons, and high tension cables from great distances. With the highways out, there will be no food coming from far away, and without the power grid virtually nothing modern works, including home heating, pumping of gasoline and diesel, airports, communications, and automated building systems.

It is time to focus on Peak Oil preparation and surviving Peak Oil.
survivingpeakoil.blogs.../
www.peakoilassociates....
]]>
Lufkin Industries: Are Today's Low Prices Temporary? http://seekingalpha.com/article/112930-lufkin-industries-are-today-s-low-prices-temporary?source=feed#comment-344026 344026
The media, governments, world leaders, and public should focus on this issue.

Global crude oil production had been rising briskly until 2004, then plateaued for four years. Because oil producers were extracting at maximum effort to profit from high oil prices, this plateau is a clear indication of Peak Oil.

Then in July and August of 2008 while oil prices were still very high, global crude oil production fell nearly one million barrels per day, clear evidence of Peak Oil (See Rembrandt Koppelaar, Editor of "Oil Watch Monthly," December 2008, page 1) www.peakoil.nl/wp-cont.... Peak Oil is now.

Credit for accurate Peak Oil predictions (within a few years) goes to the following (projected year for peak given in parentheses):

* Association for the Study of Peak Oil (2007)

* Rembrandt Koppelaar, Editor of “Oil Watch Monthly” (2008)

* Tony Eriksen, Oil stock analyst and Samuel Foucher, oil analyst (2008)

* Matthew Simmons, Energy investment banker, (2007)

* T. Boone Pickens, Oil and gas investor (2007)

* U.S. Army Corps of Engineers (2005)

* Kenneth S. Deffeyes, Princeton professor and retired shell geologist (2005)

* Sam Sam Bakhtiari, Retired Iranian National Oil Company geologist (2005)

* Chris Skrebowski, Editor of “Petroleum Review” (2010)

* Sadad Al Husseini, former head of production and exploration, Saudi Aramco (2008)

* Energy Watch Group in Germany (2006)

Oil production will now begin to decline terminally.

Within a year or two, it is likely that oil prices will skyrocket as supply falls below demand. OPEC cuts could exacerbate the gap between supply and demand and drive prices even higher.

Independent studies indicate that global crude oil production will now decline from 74 million barrels per day to 60 million barrels per day by 2015. During the same time, demand will increase. Oil supplies will be even tighter for the U.S. As oil producing nations consume more and more oil domestically they will export less and less. Because demand is high in China, India, the Middle East, and other oil producing nations, once global oil production begins to decline, demand will always be higher than supply. And since the U.S. represents one fourth of global oil demand, whatever oil we conserve will be consumed elsewhere. Thus, conservation in the U.S. will not slow oil depletion rates significantly.

Alternatives will not even begin to fill the gap. There is no plan nor capital for a so-called electric economy. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment. The independent scientists of the Energy Watch Group conclude in a 2007 report titled: “Peak Oil Could Trigger Meltdown of Society:”

"By 2020, and even more by 2030, global oil supply will be dramatically lower. This will create a supply gap which can hardly be closed by growing contributions from other fossil, nuclear or alternative energy sources in this time frame."

With increasing costs for gasoline and diesel, along with declining taxes and declining gasoline tax revenues, states and local governments will eventually have to cut staff and curtail highway maintenance. Eventually, gasoline stations will close, and state and local highway workers won’t be able to get to work. We are facing the collapse of the highways that depend on diesel and gasoline powered trucks for bridge maintenance, culvert cleaning to avoid road washouts, snow plowing, and roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, large transformers, steel for pylons, and high tension cables from great distances. With the highways out, there will be no food coming from far away, and without the power grid virtually nothing modern works, including home heating, pumping of gasoline and diesel, airports, communications, and automated building systems.

It is time to focus on Peak Oil preparation and surviving Peak Oil.
survivingpeakoil.blogs.../
www.peakoilassociates....
]]>
Fri, 02 Jan 2009 08:10:03 -0500
The media, governments, world leaders, and public should focus on this issue.

Global crude oil production had been rising briskly until 2004, then plateaued for four years. Because oil producers were extracting at maximum effort to profit from high oil prices, this plateau is a clear indication of Peak Oil.

Then in July and August of 2008 while oil prices were still very high, global crude oil production fell nearly one million barrels per day, clear evidence of Peak Oil (See Rembrandt Koppelaar, Editor of "Oil Watch Monthly," December 2008, page 1) www.peakoil.nl/wp-cont.... Peak Oil is now.

Credit for accurate Peak Oil predictions (within a few years) goes to the following (projected year for peak given in parentheses):

* Association for the Study of Peak Oil (2007)

* Rembrandt Koppelaar, Editor of “Oil Watch Monthly” (2008)

* Tony Eriksen, Oil stock analyst and Samuel Foucher, oil analyst (2008)

* Matthew Simmons, Energy investment banker, (2007)

* T. Boone Pickens, Oil and gas investor (2007)

* U.S. Army Corps of Engineers (2005)

* Kenneth S. Deffeyes, Princeton professor and retired shell geologist (2005)

* Sam Sam Bakhtiari, Retired Iranian National Oil Company geologist (2005)

* Chris Skrebowski, Editor of “Petroleum Review” (2010)

* Sadad Al Husseini, former head of production and exploration, Saudi Aramco (2008)

* Energy Watch Group in Germany (2006)

Oil production will now begin to decline terminally.

Within a year or two, it is likely that oil prices will skyrocket as supply falls below demand. OPEC cuts could exacerbate the gap between supply and demand and drive prices even higher.

Independent studies indicate that global crude oil production will now decline from 74 million barrels per day to 60 million barrels per day by 2015. During the same time, demand will increase. Oil supplies will be even tighter for the U.S. As oil producing nations consume more and more oil domestically they will export less and less. Because demand is high in China, India, the Middle East, and other oil producing nations, once global oil production begins to decline, demand will always be higher than supply. And since the U.S. represents one fourth of global oil demand, whatever oil we conserve will be consumed elsewhere. Thus, conservation in the U.S. will not slow oil depletion rates significantly.

Alternatives will not even begin to fill the gap. There is no plan nor capital for a so-called electric economy. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment. The independent scientists of the Energy Watch Group conclude in a 2007 report titled: “Peak Oil Could Trigger Meltdown of Society:”

"By 2020, and even more by 2030, global oil supply will be dramatically lower. This will create a supply gap which can hardly be closed by growing contributions from other fossil, nuclear or alternative energy sources in this time frame."

With increasing costs for gasoline and diesel, along with declining taxes and declining gasoline tax revenues, states and local governments will eventually have to cut staff and curtail highway maintenance. Eventually, gasoline stations will close, and state and local highway workers won’t be able to get to work. We are facing the collapse of the highways that depend on diesel and gasoline powered trucks for bridge maintenance, culvert cleaning to avoid road washouts, snow plowing, and roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, large transformers, steel for pylons, and high tension cables from great distances. With the highways out, there will be no food coming from far away, and without the power grid virtually nothing modern works, including home heating, pumping of gasoline and diesel, airports, communications, and automated building systems.

It is time to focus on Peak Oil preparation and surviving Peak Oil.
survivingpeakoil.blogs.../
www.peakoilassociates....
]]>
Alternative Energy Storage for Global Warming Agnostics http://seekingalpha.com/article/112441-alternative-energy-storage-for-global-warming-agnostics?source=feed#comment-340308 340308
I carefully researched all possibilities in scientific and government studies, and there are no alternatives available for avoiding this catastrophe.
www.peakoilassociates....
Human ingenuity is great, but the Laws of Thermodynamics tell us that we cannot invent energy. There are not even plans of how to use the sun's energy to get the liquid fuels we need. Even if we had some answers (and we don't), it is far too late to develop a trillion dollar make over of the energy economy. This is why I focus on preparing for Peak Oil impacts: survivingpeakoil.blogs.../ and suggest that people come live here in a sustainable location. Come visit clifford dot wirth at yahoo dot com.

On Dec 29 06:15 AM John Petersen wrote:

> aitvras, I'm not up early. We just have a 6 hour time zone advantage.
> Over the last few weeks we've seen that OPEC production cuts of a
> couple million barrels have done little to moderate the price declines,
> so while the U.S. government might be able to influence the market
> for several months by drawing down the strategic oil reserve, any
> impact would likely be temporary. In the long-term the market will
> have its way.
>
> Dr. Wirth, the painful scenario you paint is within the realm of
> possibility if people don't recognize the peak oil problem and begin
> working on real solutions. But I'm an optimist when it comes to human
> ingenuity; our ability to adapt to change and our long history of
> emerging stronger from each painful revolution. Society will change
> and evolve, but I don't think we'll revert to barbarism.]]>
Mon, 29 Dec 2008 08:52:45 -0500
I carefully researched all possibilities in scientific and government studies, and there are no alternatives available for avoiding this catastrophe.
www.peakoilassociates....
Human ingenuity is great, but the Laws of Thermodynamics tell us that we cannot invent energy. There are not even plans of how to use the sun's energy to get the liquid fuels we need. Even if we had some answers (and we don't), it is far too late to develop a trillion dollar make over of the energy economy. This is why I focus on preparing for Peak Oil impacts: survivingpeakoil.blogs.../ and suggest that people come live here in a sustainable location. Come visit clifford dot wirth at yahoo dot com.

On Dec 29 06:15 AM John Petersen wrote:

> aitvras, I'm not up early. We just have a 6 hour time zone advantage.
> Over the last few weeks we've seen that OPEC production cuts of a
> couple million barrels have done little to moderate the price declines,
> so while the U.S. government might be able to influence the market
> for several months by drawing down the strategic oil reserve, any
> impact would likely be temporary. In the long-term the market will
> have its way.
>
> Dr. Wirth, the painful scenario you paint is within the realm of
> possibility if people don't recognize the peak oil problem and begin
> working on real solutions. But I'm an optimist when it comes to human
> ingenuity; our ability to adapt to change and our long history of
> emerging stronger from each painful revolution. Society will change
> and evolve, but I don't think we'll revert to barbarism.]]>
Alternative Energy Storage for Global Warming Agnostics http://seekingalpha.com/article/112441-alternative-energy-storage-for-global-warming-agnostics?source=feed#comment-340215 340215
www.thestar.com/Busine...

But, for a few years, industry and government will invest in the electric economy, even though it will fail. Alternative energies depend on oil and will fail without cheap oil.

Independent studies conclude that Peak Oil production will occur (or has occurred) between 2005 to 2010 (projected year for peak in parentheses), as follows:

* Association for the Study of Peak Oil (2007)

* Rembrandt Koppelaar, Editor of “Oil Watch Monthly” (2008)

* Tony Eriksen, Oil stock analyst (2008)

* Matthew Simmons, Energy investment banker, (2007)

* T. Boone Pickens, Oil and gas investor (2007)

* U.S. Army Corps of Engineers (2005)

* Kenneth S. Deffeyes, Princeton professor and retired shell Geologist (2005)

* Sam Sam Bakhtiari, Retired Iranian National Oil Company geologist (2005)

* Chris Skrebowski, Editor of “Petroleum Review” (2010)

* Sadad Al Husseini, former head of production and exploration, Saudi Aramco (2008)

* Energy Watch Group in Germany (2006)

Independent studies indicate that global crude oil production will now decline from 74 million barrels per day to 60 million barrels per day by 2015. During the same time, demand will increase. Oil supplies will be even tighter for the U.S. As oil producing nations consume more and more oil domestically they will export less and less. Because demand is high in China, India, the Middle East, and other oil producing nations, once global oil production begins to decline, demand will always be higher than supply. And since the U.S. represents one fourth of global oil demand, whatever oil we conserve will be consumed elsewhere. Thus, conservation in the U.S. will not slow oil depletion rates significantly.

Alternatives will not even begin to fill the gap. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment. The independent scientists of the Energy Watch Group conclude in a 2007 report titled: “Peak Oil Could Trigger Meltdown of Society:”

"By 2020, and even more by 2030, global oil supply will be dramatically lower. This will create a supply gap which can hardly be closed by growing contributions from other fossil, nuclear or alternative energy sources in this time frame."

www.energywatchgroup.o...

With increasing costs for gasoline and diesel, along with declining taxes and declining gasoline tax revenues, states and local governments will eventually have to cut staff and curtail highway maintenance. Eventually, gasoline stations will close, and state and local highway workers won’t be able to get to work. We are facing the collapse of the highways that depend on diesel and gasoline powered trucks for bridge maintenance, culvert cleaning to avoid road washouts, snow plowing, and roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, large transformers, steel for pylons, and high tension cables from great distances. With the highways out, there will be no food coming from far away, and without the power grid virtually nothing modern works, including home heating, pumping of gasoline and diesel, airports, communications, and automated building systems.

This is documented in a free 48 page report that can be downloaded, website posted, distributed, and emailed: www.peakoilassociates....

I used to live in NH-USA, but moved to a more sustainable place. Anyone interested in relocating to a nice, pretty, sustainable area with a good climate and good soil? Email: clifford dot wirth at yahoo dot com or give me a phone call which operates here as my old USA-NH number 603-668-4207. survivingpeakoil.blogs.../]]>
Mon, 29 Dec 2008 06:00:33 -0500
www.thestar.com/Busine...

But, for a few years, industry and government will invest in the electric economy, even though it will fail. Alternative energies depend on oil and will fail without cheap oil.

Independent studies conclude that Peak Oil production will occur (or has occurred) between 2005 to 2010 (projected year for peak in parentheses), as follows:

* Association for the Study of Peak Oil (2007)

* Rembrandt Koppelaar, Editor of “Oil Watch Monthly” (2008)

* Tony Eriksen, Oil stock analyst (2008)

* Matthew Simmons, Energy investment banker, (2007)

* T. Boone Pickens, Oil and gas investor (2007)

* U.S. Army Corps of Engineers (2005)

* Kenneth S. Deffeyes, Princeton professor and retired shell Geologist (2005)

* Sam Sam Bakhtiari, Retired Iranian National Oil Company geologist (2005)

* Chris Skrebowski, Editor of “Petroleum Review” (2010)

* Sadad Al Husseini, former head of production and exploration, Saudi Aramco (2008)

* Energy Watch Group in Germany (2006)

Independent studies indicate that global crude oil production will now decline from 74 million barrels per day to 60 million barrels per day by 2015. During the same time, demand will increase. Oil supplies will be even tighter for the U.S. As oil producing nations consume more and more oil domestically they will export less and less. Because demand is high in China, India, the Middle East, and other oil producing nations, once global oil production begins to decline, demand will always be higher than supply. And since the U.S. represents one fourth of global oil demand, whatever oil we conserve will be consumed elsewhere. Thus, conservation in the U.S. will not slow oil depletion rates significantly.

Alternatives will not even begin to fill the gap. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment. The independent scientists of the Energy Watch Group conclude in a 2007 report titled: “Peak Oil Could Trigger Meltdown of Society:”

"By 2020, and even more by 2030, global oil supply will be dramatically lower. This will create a supply gap which can hardly be closed by growing contributions from other fossil, nuclear or alternative energy sources in this time frame."

www.energywatchgroup.o...

With increasing costs for gasoline and diesel, along with declining taxes and declining gasoline tax revenues, states and local governments will eventually have to cut staff and curtail highway maintenance. Eventually, gasoline stations will close, and state and local highway workers won’t be able to get to work. We are facing the collapse of the highways that depend on diesel and gasoline powered trucks for bridge maintenance, culvert cleaning to avoid road washouts, snow plowing, and roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, large transformers, steel for pylons, and high tension cables from great distances. With the highways out, there will be no food coming from far away, and without the power grid virtually nothing modern works, including home heating, pumping of gasoline and diesel, airports, communications, and automated building systems.

This is documented in a free 48 page report that can be downloaded, website posted, distributed, and emailed: www.peakoilassociates....

I used to live in NH-USA, but moved to a more sustainable place. Anyone interested in relocating to a nice, pretty, sustainable area with a good climate and good soil? Email: clifford dot wirth at yahoo dot com or give me a phone call which operates here as my old USA-NH number 603-668-4207. survivingpeakoil.blogs.../]]>
Reduced Oil Production Hurting Mexican Economy http://seekingalpha.com/article/110766-reduced-oil-production-hurting-mexican-economy?source=feed#comment-330392 330392
The collapse in Mexico will come a little slower than some think. The Mexican economic collapse will mean massive unemployment, reduced factory orders, and a halt to construction. Most oil in Mexico is used for auto/truck transport and construction. Much of this oil not used in Mexico will be sold to the U.S.; therefore, the Mexican government will be able to sell oil for a bit longer, but not much. The situation is grim.

But the situation in the U.S. is not much better.

Independent studies (reviewed in the Peak Oil Report

www.peakoilassociates....

by Clifford J. Wirth) conclude that Peak Oil production will occur (or has occurred) between 2005 to 2010 (projected year for peak in parentheses), as follows:

* Association for the Study of Peak Oil (2007)

* Rembrandt Koppelaar, Editor of “Oil Watch Monthly” (2008 to 2010)

* Tony Eriksen, Oil stock analyst (2008)

* Matthew Simmons, Energy investment banker, (2007)

* T. Boone Pickens, Oil and gas investor (2007)

* U.S. Army Corps of Engineers (2005)

* Kenneth S. Deffeyes, Princeton professor and retired shell Geologist (2005)

* Sam Sam Bakhtiari, Retired Iranian National Oil Company geologist (2005)

* Chris Skrebowski, Editor of “Petroleum Review” (2010)

* Sadad Al Husseini, former head of production and exploration, Saudi Aramco (2008)

* Energy Watch Group in Germany (2006)


Independent studies conclude that global crude oil production will now decline from 74 million barrels per day to 60 million barrels per day by 2015. During the same time, demand will increase. Oil supplies will be even tighter for the U.S. As oil producing nations consume more and more oil domestically they will export less and less. Because demand is high in China, India, the Middle East, and other oil producing nations, once global oil production begins to decline, demand will always be higher than supply. And since the U.S. represents one fourth of global oil demand, whatever oil we conserve will be consumed elsewhere. Thus, conservation in the U.S. will not slow oil depletion rates significantly.

Alternatives will not even begin to fill the gap. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment. The independent scientists of the Energy Watch Group conclude in a 2007 report titled: “Peak Oil Could Trigger Meltdown of Society:”

"By 2020, and even more by 2030, global oil supply will be dramatically lower. This will create a supply gap which can hardly be closed by growing contributions from other fossil, nuclear or alternative energy sources in this time frame."

www.energywatchgroup.o...

With increasing costs for gasoline and diesel, along with declining taxes and declining gasoline tax revenues, states and local governments will eventually have to cut staff and curtail highway maintenance. Eventually, gasoline stations will close, and state and local highway workers won’t be able to get to work. We are facing the collapse of the highways that depend on diesel and gasoline powered trucks for bridge maintenance, culvert cleaning to avoid road washouts, snow plowing, and roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, large transformers, steel for pylons, and high tension cables from great distances. With the highways out, there will be no food coming from far away, and without the power grid virtually nothing modern works, including home heating, pumping of gasoline and diesel, airports, communications, and automated building systems.

This is documented in a free 48 page report that can be downloaded, website posted, distributed, and emailed: www.peakoilassociates....

I used to live in NH-USA, but moved to a sustainable place in Mexico. Anyone interested in relocating to a nice, pretty, sustainable area with a good climate and good soil? Email: clifford dot wirth at yahoo dot com or give me a phone call which operates here as my old USA-NH number 603-668-4207. survivingpeakoil.blogs.../




]]>
Mon, 15 Dec 2008 17:58:30 -0500
The collapse in Mexico will come a little slower than some think. The Mexican economic collapse will mean massive unemployment, reduced factory orders, and a halt to construction. Most oil in Mexico is used for auto/truck transport and construction. Much of this oil not used in Mexico will be sold to the U.S.; therefore, the Mexican government will be able to sell oil for a bit longer, but not much. The situation is grim.

But the situation in the U.S. is not much better.

Independent studies (reviewed in the Peak Oil Report

www.peakoilassociates....

by Clifford J. Wirth) conclude that Peak Oil production will occur (or has occurred) between 2005 to 2010 (projected year for peak in parentheses), as follows:

* Association for the Study of Peak Oil (2007)

* Rembrandt Koppelaar, Editor of “Oil Watch Monthly” (2008 to 2010)

* Tony Eriksen, Oil stock analyst (2008)

* Matthew Simmons, Energy investment banker, (2007)

* T. Boone Pickens, Oil and gas investor (2007)

* U.S. Army Corps of Engineers (2005)

* Kenneth S. Deffeyes, Princeton professor and retired shell Geologist (2005)

* Sam Sam Bakhtiari, Retired Iranian National Oil Company geologist (2005)

* Chris Skrebowski, Editor of “Petroleum Review” (2010)

* Sadad Al Husseini, former head of production and exploration, Saudi Aramco (2008)

* Energy Watch Group in Germany (2006)


Independent studies conclude that global crude oil production will now decline from 74 million barrels per day to 60 million barrels per day by 2015. During the same time, demand will increase. Oil supplies will be even tighter for the U.S. As oil producing nations consume more and more oil domestically they will export less and less. Because demand is high in China, India, the Middle East, and other oil producing nations, once global oil production begins to decline, demand will always be higher than supply. And since the U.S. represents one fourth of global oil demand, whatever oil we conserve will be consumed elsewhere. Thus, conservation in the U.S. will not slow oil depletion rates significantly.

Alternatives will not even begin to fill the gap. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment. The independent scientists of the Energy Watch Group conclude in a 2007 report titled: “Peak Oil Could Trigger Meltdown of Society:”

"By 2020, and even more by 2030, global oil supply will be dramatically lower. This will create a supply gap which can hardly be closed by growing contributions from other fossil, nuclear or alternative energy sources in this time frame."

www.energywatchgroup.o...

With increasing costs for gasoline and diesel, along with declining taxes and declining gasoline tax revenues, states and local governments will eventually have to cut staff and curtail highway maintenance. Eventually, gasoline stations will close, and state and local highway workers won’t be able to get to work. We are facing the collapse of the highways that depend on diesel and gasoline powered trucks for bridge maintenance, culvert cleaning to avoid road washouts, snow plowing, and roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, large transformers, steel for pylons, and high tension cables from great distances. With the highways out, there will be no food coming from far away, and without the power grid virtually nothing modern works, including home heating, pumping of gasoline and diesel, airports, communications, and automated building systems.

This is documented in a free 48 page report that can be downloaded, website posted, distributed, and emailed: www.peakoilassociates....

I used to live in NH-USA, but moved to a sustainable place in Mexico. Anyone interested in relocating to a nice, pretty, sustainable area with a good climate and good soil? Email: clifford dot wirth at yahoo dot com or give me a phone call which operates here as my old USA-NH number 603-668-4207. survivingpeakoil.blogs.../




]]>
Reduced Oil Production Hurting Mexican Economy http://seekingalpha.com/article/110766-reduced-oil-production-hurting-mexican-economy?source=feed#comment-330377 330377
The collapse in Mexico will come a little slower than some think. The Mexican economic collapse will mean massive unemployment, reduced factory orders, and a halt to construction. Most oil in Mexico is used for auto/truck transport and construction. Much of this oil not used in Mexico will be sold to the U.S.; therefore, the Mexican government will be able to sell oil for a bit longer, but not much. The situation is grim.

But the situation in the U.S. is not much better.

Independent studies (reviewed in the Peak Oil Report

www.peakoilassociates....

by Clifford J. Wirth) conclude that Peak Oil production will occur (or has occurred) between 2005 to 2010 (projected year for peak in parentheses), as follows:

* Association for the Study of Peak Oil (2007)

* Rembrandt Koppelaar, Editor of “Oil Watch Monthly” (2008 to 2010)

* Tony Eriksen, Oil stock analyst (2008)

* Matthew Simmons, Energy investment banker, (2007)

* T. Boone Pickens, Oil and gas investor (2007)

* U.S. Army Corps of Engineers (2005)

* Kenneth S. Deffeyes, Princeton professor and retired shell Geologist (2005)

* Sam Sam Bakhtiari, Retired Iranian National Oil Company geologist (2005)

* Chris Skrebowski, Editor of “Petroleum Review” (2010)

* Sadad Al Husseini, former head of production and exploration, Saudi Aramco (2008)

* Energy Watch Group in Germany (2006)


Independent studies conclude that global crude oil production will now decline from 74 million barrels per day to 60 million barrels per day by 2015. During the same time, demand will increase. Oil supplies will be even tighter for the U.S. As oil producing nations consume more and more oil domestically they will export less and less. Because demand is high in China, India, the Middle East, and other oil producing nations, once global oil production begins to decline, demand will always be higher than supply. And since the U.S. represents one fourth of global oil demand, whatever oil we conserve will be consumed elsewhere. Thus, conservation in the U.S. will not slow oil depletion rates significantly.

Alternatives will not even begin to fill the gap. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment. The independent scientists of the Energy Watch Group conclude in a 2007 report titled: “Peak Oil Could Trigger Meltdown of Society:”

"By 2020, and even more by 2030, global oil supply will be dramatically lower. This will create a supply gap which can hardly be closed by growing contributions from other fossil, nuclear or alternative energy sources in this time frame."

www.energywatchgroup.o...

With increasing costs for gasoline and diesel, along with declining taxes and declining gasoline tax revenues, states and local governments will eventually have to cut staff and curtail highway maintenance. Eventually, gasoline stations will close, and state and local highway workers won’t be able to get to work. We are facing the collapse of the highways that depend on diesel and gasoline powered trucks for bridge maintenance, culvert cleaning to avoid road washouts, snow plowing, and roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, large transformers, steel for pylons, and high tension cables from great distances. With the highways out, there will be no food coming from far away, and without the power grid virtually nothing modern works, including home heating, pumping of gasoline and diesel, airports, communications, and automated building systems.

This is documented in a free 48 page report that can be downloaded, website posted, distributed, and emailed: www.peakoilassociates....

I used to live in NH-USA, but moved to a sustainable place in Mexico. Anyone interested in relocating to a nice, pretty, sustainable area with a good climate and good soil? Email: clifford dot wirth at yahoo dot com or give me a phone call which operates here as my old USA-NH number 603-668-4207. survivingpeakoil.blogs.../




]]>
Mon, 15 Dec 2008 17:37:24 -0500
The collapse in Mexico will come a little slower than some think. The Mexican economic collapse will mean massive unemployment, reduced factory orders, and a halt to construction. Most oil in Mexico is used for auto/truck transport and construction. Much of this oil not used in Mexico will be sold to the U.S.; therefore, the Mexican government will be able to sell oil for a bit longer, but not much. The situation is grim.

But the situation in the U.S. is not much better.

Independent studies (reviewed in the Peak Oil Report

www.peakoilassociates....

by Clifford J. Wirth) conclude that Peak Oil production will occur (or has occurred) between 2005 to 2010 (projected year for peak in parentheses), as follows:

* Association for the Study of Peak Oil (2007)

* Rembrandt Koppelaar, Editor of “Oil Watch Monthly” (2008 to 2010)

* Tony Eriksen, Oil stock analyst (2008)

* Matthew Simmons, Energy investment banker, (2007)

* T. Boone Pickens, Oil and gas investor (2007)

* U.S. Army Corps of Engineers (2005)

* Kenneth S. Deffeyes, Princeton professor and retired shell Geologist (2005)

* Sam Sam Bakhtiari, Retired Iranian National Oil Company geologist (2005)

* Chris Skrebowski, Editor of “Petroleum Review” (2010)

* Sadad Al Husseini, former head of production and exploration, Saudi Aramco (2008)

* Energy Watch Group in Germany (2006)


Independent studies conclude that global crude oil production will now decline from 74 million barrels per day to 60 million barrels per day by 2015. During the same time, demand will increase. Oil supplies will be even tighter for the U.S. As oil producing nations consume more and more oil domestically they will export less and less. Because demand is high in China, India, the Middle East, and other oil producing nations, once global oil production begins to decline, demand will always be higher than supply. And since the U.S. represents one fourth of global oil demand, whatever oil we conserve will be consumed elsewhere. Thus, conservation in the U.S. will not slow oil depletion rates significantly.

Alternatives will not even begin to fill the gap. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment. The independent scientists of the Energy Watch Group conclude in a 2007 report titled: “Peak Oil Could Trigger Meltdown of Society:”

"By 2020, and even more by 2030, global oil supply will be dramatically lower. This will create a supply gap which can hardly be closed by growing contributions from other fossil, nuclear or alternative energy sources in this time frame."

www.energywatchgroup.o...

With increasing costs for gasoline and diesel, along with declining taxes and declining gasoline tax revenues, states and local governments will eventually have to cut staff and curtail highway maintenance. Eventually, gasoline stations will close, and state and local highway workers won’t be able to get to work. We are facing the collapse of the highways that depend on diesel and gasoline powered trucks for bridge maintenance, culvert cleaning to avoid road washouts, snow plowing, and roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, large transformers, steel for pylons, and high tension cables from great distances. With the highways out, there will be no food coming from far away, and without the power grid virtually nothing modern works, including home heating, pumping of gasoline and diesel, airports, communications, and automated building systems.

This is documented in a free 48 page report that can be downloaded, website posted, distributed, and emailed: www.peakoilassociates....

I used to live in NH-USA, but moved to a sustainable place in Mexico. Anyone interested in relocating to a nice, pretty, sustainable area with a good climate and good soil? Email: clifford dot wirth at yahoo dot com or give me a phone call which operates here as my old USA-NH number 603-668-4207. survivingpeakoil.blogs.../




]]>
Is the Second Great Depression Imminent? http://seekingalpha.com/article/110739-is-the-second-great-depression-imminent?source=feed#comment-329720 329720
Independent studies conclude that global crude oil production will now decline from 74 million barrels per day to 60 million barrels per day by 2015. During the same time, demand will increase. Oil supplies will be even tighter for the U.S. As oil producing nations consume more and more oil domestically they will export less and less. Because demand is high in China, India, the Middle East, and other oil producing nations, once global oil production begins to decline, demand will always be higher than supply. And since the U.S. represents one fourth of global oil demand, whatever oil we conserve will be consumed elsewhere. Thus, conservation in the U.S. will not slow oil depletion rates significantly.

Alternatives will not even begin to fill the gap. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment. The independent scientists of the Energy Watch Group conclude in a 2007 report titled: “Peak Oil Could Trigger Meltdown of Society:”

"By 2020, and even more by 2030, global oil supply will be dramatically lower. This will create a supply gap which can hardly be closed by growing contributions from other fossil, nuclear or alternative energy sources in this time frame."

www.energywatchgroup.o...

With increasing costs for gasoline and diesel, along with declining taxes and declining gasoline tax revenues, states and local governments will eventually have to cut staff and curtail highway maintenance. Eventually, gasoline stations will close, and state and local highway workers won’t be able to get to work. We are facing the collapse of the highways that depend on diesel and gasoline powered trucks for bridge maintenance, culvert cleaning to avoid road washouts, snow plowing, and roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, large transformers, steel for pylons, and high tension cables from great distances. With the highways out, there will be no food coming from far away, and without the power grid virtually nothing modern works, including home heating, pumping of gasoline and diesel, airports, communications, and automated building systems.

This is documented in a free 48 page report that can be downloaded, website posted, distributed, and emailed: www.peakoilassociates....

I used to live in NH-USA, but moved to a sustainable place. Anyone interested in relocating to a nice, pretty, sustainable area with a good climate and good soil? Email: clifford dot wirth at yahoo dot com or give me a phone call which operates here as my old USA-NH number 603-668-4207. survivingpeakoil.blogs.../
]]>
Mon, 15 Dec 2008 08:37:15 -0500
Independent studies conclude that global crude oil production will now decline from 74 million barrels per day to 60 million barrels per day by 2015. During the same time, demand will increase. Oil supplies will be even tighter for the U.S. As oil producing nations consume more and more oil domestically they will export less and less. Because demand is high in China, India, the Middle East, and other oil producing nations, once global oil production begins to decline, demand will always be higher than supply. And since the U.S. represents one fourth of global oil demand, whatever oil we conserve will be consumed elsewhere. Thus, conservation in the U.S. will not slow oil depletion rates significantly.

Alternatives will not even begin to fill the gap. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment. The independent scientists of the Energy Watch Group conclude in a 2007 report titled: “Peak Oil Could Trigger Meltdown of Society:”

"By 2020, and even more by 2030, global oil supply will be dramatically lower. This will create a supply gap which can hardly be closed by growing contributions from other fossil, nuclear or alternative energy sources in this time frame."

www.energywatchgroup.o...

With increasing costs for gasoline and diesel, along with declining taxes and declining gasoline tax revenues, states and local governments will eventually have to cut staff and curtail highway maintenance. Eventually, gasoline stations will close, and state and local highway workers won’t be able to get to work. We are facing the collapse of the highways that depend on diesel and gasoline powered trucks for bridge maintenance, culvert cleaning to avoid road washouts, snow plowing, and roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, large transformers, steel for pylons, and high tension cables from great distances. With the highways out, there will be no food coming from far away, and without the power grid virtually nothing modern works, including home heating, pumping of gasoline and diesel, airports, communications, and automated building systems.

This is documented in a free 48 page report that can be downloaded, website posted, distributed, and emailed: www.peakoilassociates....

I used to live in NH-USA, but moved to a sustainable place. Anyone interested in relocating to a nice, pretty, sustainable area with a good climate and good soil? Email: clifford dot wirth at yahoo dot com or give me a phone call which operates here as my old USA-NH number 603-668-4207. survivingpeakoil.blogs.../
]]>
The Five Most Important Energy Forecasts of 2008 http://seekingalpha.com/article/110034-the-five-most-important-energy-forecasts-of-2008?source=feed#comment-325311 325311 EIA), December 9, 2008:

"Overview. The increasing likelihood of a prolonged global economic downturn continues to dominate market perceptions, putting downward pressure on oil prices. World real gross domestic product (GDP) growth is projected to slow from about 4 percent in 2006 and 2007 to about 2.7 percent this year and 0.5 percent in 2009. Last month’s Outlook assumed world GDP would increase by 1.8 percent in 2009. The condition of the global economy and production decisions by members of the Organization of Petroleum Exporting Countries (OPEC) are expected to remain the crucial factors driving world oil prices.

Consumption. The status of the global economy has become the most important driver of oil consumption growth and EIA’s oil consumption projections continue to be revised downward in response to lower forecasts for global economic growth. As a result, global oil consumption is expected to decline by 50,000 bbl/d in 2008 and by 450,000 bbl/d in 2009, which would mark the first time in 3 decades that world consumption would decline in 2 consecutive years. In both years, growth is concentrated in countries outside of the Organization for Economic Cooperation and Development (OECD), especially China, the Middle East, and Latin America. However, projected sharp declines in oil consumption in OECD countries more than offset any non-OECD oil consumption growth (World Oil Consumption). If the world economy recovers sooner or is stronger than EIA now anticipates, oil consumption could decline at a slower rate or potentially increase instead, putting upward pressure on oil prices. "

More here: www.eia.doe.gov/emeu/s...

Best regards,
Cliff Wirth
Peak Oil Associates International
www.peakoilassociates....
survivingpeakoil.blogs.../]]>
Wed, 10 Dec 2008 08:07:49 -0500 EIA), December 9, 2008:

"Overview. The increasing likelihood of a prolonged global economic downturn continues to dominate market perceptions, putting downward pressure on oil prices. World real gross domestic product (GDP) growth is projected to slow from about 4 percent in 2006 and 2007 to about 2.7 percent this year and 0.5 percent in 2009. Last month’s Outlook assumed world GDP would increase by 1.8 percent in 2009. The condition of the global economy and production decisions by members of the Organization of Petroleum Exporting Countries (OPEC) are expected to remain the crucial factors driving world oil prices.

Consumption. The status of the global economy has become the most important driver of oil consumption growth and EIA’s oil consumption projections continue to be revised downward in response to lower forecasts for global economic growth. As a result, global oil consumption is expected to decline by 50,000 bbl/d in 2008 and by 450,000 bbl/d in 2009, which would mark the first time in 3 decades that world consumption would decline in 2 consecutive years. In both years, growth is concentrated in countries outside of the Organization for Economic Cooperation and Development (OECD), especially China, the Middle East, and Latin America. However, projected sharp declines in oil consumption in OECD countries more than offset any non-OECD oil consumption growth (World Oil Consumption). If the world economy recovers sooner or is stronger than EIA now anticipates, oil consumption could decline at a slower rate or potentially increase instead, putting upward pressure on oil prices. "

More here: www.eia.doe.gov/emeu/s...

Best regards,
Cliff Wirth
Peak Oil Associates International
www.peakoilassociates....
survivingpeakoil.blogs.../]]>
Is Solar Losing Its Shine? http://seekingalpha.com/article/109645-is-solar-losing-its-shine?source=feed#comment-323732 323732
Independent studies conclude that global crude oil production will now decline from 74 million barrels per day to 60 million barrels per day by 2015. During the same time, demand will increase 9%. Oil supplies will be even tighter for the U.S. As oil producing nations consume more and more oil domestically they will export less and less. Because demand is high in China, India, the Middle East, and other oil producing nations, once global oil production begins to decline, demand will always be higher than supply. And since the U.S. represents one fourth of global oil demand, whatever oil we conserve will be consumed elsewhere. Thus, conservation in the U.S. will not slow oil depletion rates significantly.

Alternatives will not even begin to fill the gap. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment. The Energy Watch Group (funded by the German Parliament) concludes in a current report titled: “Peak Oil Could Trigger Meltdown of Society:”

"By 2020, and even more by 2030, global oil supply will be dramatically lower. This will create a supply gap which can hardly be closed by growing contributions from other fossil, nuclear or alternative energy sources in this time frame."

www.energywatchgroup.o...

With increasing costs for gasoline and diesel, along with declining taxes and declining gasoline tax revenues, states and local governments will eventually have to cut staff and curtail highway maintenance. Eventually, gasoline stations will close, and state and local highway workers won’t be able to get to work. We are facing the collapse of the highways that depend on diesel and gasoline powered trucks for bridge maintenance, culvert cleaning to avoid road washouts, snow plowing, and roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, large transformers, steel for pylons, and high tension cables from great distances. With the highways out, there will be no food coming from far away, and without the power grid virtually nothing modern works, including home heating, pumping of gasoline and diesel, airports, communications, and automated building systems.

This is documented in a free 48 page report that can be downloaded, website posted, distributed, and emailed: www.peakoilassociates....

I used to live in NH-USA, but moved to a sustainable place. Anyone interested in relocating to a nice, pretty, sustainable area with a good climate and good soil? Email: clifford dot wirth at yahoo dot com or give me a phone call which operates here as my old USA-NH number 603-668-4207. survivingpeakoil.blogs.../
]]>
Mon, 08 Dec 2008 10:14:50 -0500
Independent studies conclude that global crude oil production will now decline from 74 million barrels per day to 60 million barrels per day by 2015. During the same time, demand will increase 9%. Oil supplies will be even tighter for the U.S. As oil producing nations consume more and more oil domestically they will export less and less. Because demand is high in China, India, the Middle East, and other oil producing nations, once global oil production begins to decline, demand will always be higher than supply. And since the U.S. represents one fourth of global oil demand, whatever oil we conserve will be consumed elsewhere. Thus, conservation in the U.S. will not slow oil depletion rates significantly.

Alternatives will not even begin to fill the gap. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment. The Energy Watch Group (funded by the German Parliament) concludes in a current report titled: “Peak Oil Could Trigger Meltdown of Society:”

"By 2020, and even more by 2030, global oil supply will be dramatically lower. This will create a supply gap which can hardly be closed by growing contributions from other fossil, nuclear or alternative energy sources in this time frame."

www.energywatchgroup.o...

With increasing costs for gasoline and diesel, along with declining taxes and declining gasoline tax revenues, states and local governments will eventually have to cut staff and curtail highway maintenance. Eventually, gasoline stations will close, and state and local highway workers won’t be able to get to work. We are facing the collapse of the highways that depend on diesel and gasoline powered trucks for bridge maintenance, culvert cleaning to avoid road washouts, snow plowing, and roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, large transformers, steel for pylons, and high tension cables from great distances. With the highways out, there will be no food coming from far away, and without the power grid virtually nothing modern works, including home heating, pumping of gasoline and diesel, airports, communications, and automated building systems.

This is documented in a free 48 page report that can be downloaded, website posted, distributed, and emailed: www.peakoilassociates....

I used to live in NH-USA, but moved to a sustainable place. Anyone interested in relocating to a nice, pretty, sustainable area with a good climate and good soil? Email: clifford dot wirth at yahoo dot com or give me a phone call which operates here as my old USA-NH number 603-668-4207. survivingpeakoil.blogs.../
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How Will Temporary Decline in Oil Prices Impact Energy Sector? http://seekingalpha.com/article/109525-how-will-temporary-decline-in-oil-prices-impact-energy-sector?source=feed#comment-322860 322860
There will not, however, big a big changeover to to EVs.

When people are unemployed due to the Peak Oil depression, and the gas guzzler has a zero trade in value, few will buy an EV.

Clifford. J. Wirth, Ph.D.
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Sun, 07 Dec 2008 09:32:34 -0500
There will not, however, big a big changeover to to EVs.

When people are unemployed due to the Peak Oil depression, and the gas guzzler has a zero trade in value, few will buy an EV.

Clifford. J. Wirth, Ph.D.
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Peak Oil's Bell Is Ringing http://seekingalpha.com/article/106191-peak-oil-s-bell-is-ringing?source=feed#comment-307022 307022
According to most independent scientific studies, global oil production will now decline from 74 million barrels per day to 60 million barrels per day by 2015. During the same time demand will increase 9%.

No one can reverse this trend, nor can we conserve our way out of this catastrophe. Because the demand for oil is so high, it will always exceed production levels; thus oil depletion will continue steadily until all recoverable oil is extracted.

Alternatives will not even begin to fill the gap. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment.

We are facing the collapse of the highways that depend on diesel trucks for maintenance of bridges, cleaning culverts to avoid road washouts, snow plowing, roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, transformers, steel for pylons, and high tension cables, all from far away. With the highways out, there will be no food coming in from "outside," and without the power grid virtually nothing works, including home heating, pumping of gasoline and diesel, airports, communications, and automated systems.

This is documented in a free 48 page report that can be downloaded, website posted, distributed, and emailed: www.peakoilassociates....

I used to live in NH-USA, but moved to a sustainable place. Anyone interested in relocating to a nice, pretty, sustainable area with a good climate and good soil? Email: clifford dot wirth at yahoo dot com or give me a phone call which operates here as my old USA-NH number 603-668-4207. survivingpeakoil.blogs.../
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Sun, 16 Nov 2008 08:53:39 -0500
According to most independent scientific studies, global oil production will now decline from 74 million barrels per day to 60 million barrels per day by 2015. During the same time demand will increase 9%.

No one can reverse this trend, nor can we conserve our way out of this catastrophe. Because the demand for oil is so high, it will always exceed production levels; thus oil depletion will continue steadily until all recoverable oil is extracted.

Alternatives will not even begin to fill the gap. And most alternatives yield electric power, but we need liquid fuels for tractors/combines, 18 wheel trucks, trains, ships, and mining equipment.

We are facing the collapse of the highways that depend on diesel trucks for maintenance of bridges, cleaning culverts to avoid road washouts, snow plowing, roadbed and surface repair. When the highways fail, so will the power grid, as highways carry the parts, transformers, steel for pylons, and high tension cables, all from far away. With the highways out, there will be no food coming in from "outside," and without the power grid virtually nothing works, including home heating, pumping of gasoline and diesel, airports, communications, and automated systems.

This is documented in a free 48 page report that can be downloaded, website posted, distributed, and emailed: www.peakoilassociates....

I used to live in NH-USA, but moved to a sustainable place. Anyone interested in relocating to a nice, pretty, sustainable area with a good climate and good soil? Email: clifford dot wirth at yahoo dot com or give me a phone call which operates here as my old USA-NH number 603-668-4207. survivingpeakoil.blogs.../
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