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peak oil

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    Read This: Energy industry's profits stumble in Q4 2013 as easy petroleum fades

    Big Oil has a lot more to worry about than fighting the biofuels industry over the Renewable Fuel Standard. Fourth quarter 2013 earning reports show that major oil companies haven't been as profitable lately as they used to be. Exxon Mobil, the largest US oil company, had its worst ...

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    Study: University of Maryland study reiterates Peak Oil threat

    Just because gas prices have been steadily declining since March doesn't mean we should all get comfortable with the idea of lower refueling costs and a dependable fuel supply. In fact, a University of Maryland study titled "Economic Vulnerability to Peak Oil" pushes the panic button a bit. The ...

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    Report: 'Snake Oil' author says history should remind us of fracking's 'false promise'

    At least one author is warning consumers not to be fooled by relatively steady gas prices and prognostications of plentiful petroleum. Richard Heinberg, in his book Snake Oil: How Fracking's False Promise of Plenty Imperils Our Future is warning people that any prediction that the world has ...

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    Read This: Is peak oil never going to happen?

    You can make a coherent, logical argument for cars that don't burn gasoline without once mentioning global petroleum supply. You can talk about international relations and the power of gasoline exporters (just read the first three paragraphs of this for a bit of history). You can talk about ...

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    Report: Rising fuel prices got you down? Blame Twitter

    The power of social media revealed itself yesterday in the form of fluctuation in fuel prices based on a false tweet. According to The Wall Street Journal, a Twitter account claiming to be Russian Interior Minister Vladamir Kolokoltsv tweeted that Syrian president Bashar al-Assad had been ...

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    Global oil consumption hits all-time high of 87.4 million barrels a day

    What global recession? After falling 1.5 percent from 2008 to 2009, global oil consumption soared to an all-time high of 87.4 million barrels per day in 2010, according to the online Vital Signs report published by Worldwatch Institute. The 3.1 percent increase in consumption in 2010 easily makes ...

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    Opinion: Opinion: What if it turns out there's plenty of oil? [w/video]

    As the relative price of gasoline drops, people are not motivated to buy small, fuel efficient cars.
    All the top executives in the auto industry tell me that oil supplies will only get tighter this decade. They predict that fuel prices will do nothing but go up. And they say customers will be ...

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    Peak Oil, Peak Travel... Peak Car?

    The United States hit peak oil production in 1970. Depending on your sources, we may have already passed global peak production or we may not reach the downslope in for a few more years. Still, even if the amount of fuel being pumped out of the Earth has crested, surely all those new four-wheel ...

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    Wikileaks: U.S. believes Saudi Arabia is running out of oil

    Peak oil, according to Wikipedia, is the point in time when the maximum rate of global petroleum extraction is reached, after which the rate of production enters terminal decline. Opinions vary on when the world will actually reach a peak oil scenario, but a new report detailed by Julian ...

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    A study of developed nations suggests they have hit 'peak travel'

    While the debate over peak oil rages on, a new yardstick has emerged: "peak travel." In a nutshell, peak travel is the point at which the number of miles driven per year per person has reached its peak. Lee Schipper, a researcher at the Precourt Energy Efficiency Center at Stanford University, ...

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    Report: Americans using 8% less gasoline than 2006 peak, will never go up again

    Peak oil, according to the great and all-knowing Wiki, "is the point in time when the maximum rate of global petroleum extraction is reached, after which the rate of production enters terminal decline." Regardless of your opinions on whether or not the planet has entered into its Peak Oil stage, ...

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    Analyst: Price of oil in 2020? $300 a barrel

    Energy analyst Charles Maxwell of Weeden & Co. sat down to discuss peak oil, alternative energy and the future cost of a barrel of crude with Index Universe managing editor Olivier Ludwig recently. Maxwell, a man who has been involved in the oil industry for more than half a century, is ...

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    Three governments, two worries: oil surpluses vs. peak oil

    That worry (or hope, depending on your point of view) that oil might soon drop to $10 a barrel? It might be here – or maybe not. It all depends on who you ask. If you ask the Energy Information Administration (EIA), the answer seems to be "low prices ahead." Right now, supplies of ...

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    Report: Peak coal could happen by 2011... if we don't start any more mines!

    Whenever you see a study (or survey), the first thing you need to do before drawing any conclusions about said study's (or survey's) conclusions is to determine what question was asked. For example, a newly completed study found that "peak coal" could occur as soon as 2011. We've been hearing ...

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    When the sand runs out of oil, do politicians' heads go there?

    Here's how you make friends and influence people: say that politicians and industry experts have their "heads in the sand" when it comes to understanding how much oil is left in the world. That's what Britain's former chief scientist, Sir David King, said recently, adding that people with a ...

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    U.S. military warns of oil production shortage by 2015

    The U.S. military thinks we're one step closer to peak oil, the point at which oil demand will forever outstrip oil supply, and therefore we're one step closer to fighting over the last rusting cans of gasoline like so many scraps of meat. On the plus side, we're also one step closer to finally ...

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    Kuwaiti study: Conventional oil to peak in 2014

    Some new voices pronouncing predictions of peak oil have distinctly Arabic accents. Researchers from the University of Kuwait with the Kuwait Oil Company have published a new study titled Forecasting World Crude Oil Production Using Multicyclic Hubbert Model (abstract here) that names 2014 as the ...

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    Richard Branson's Energy Security Industry Taskforce expects Peak Oil "potentially" by 2015

    Sir Richard Branson has kicked around quite a few green transportation projects over the years – he loved then hated biofuels for cars (some biofuel production methodss, at least), his Virgin Airlines used biofuels to fly from London to Amsterdam and he talked to Saab – but now we might ...

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    Doctoral dissertation estimates 'peak oil' between 2008 & 2018

    A doctoral dissertation by Fredrik Robelius of the Uppsala University in Sweden contends that global oil production will reach its peak yield as early as next year before falling into decline. The thesis, which attempts to estimate the largest oil fields' future production, is based on Robelius's ...

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    CarbonFree report points to hydrogen impact

    Click on the image for a gallery of high-res images of the hydrogen-powered Honda FCX Concept.U.K. based analysts CarbonFree has published a report on the impact that hydrogen is already having on the automotive market. Considered to still be two decades away from commercial deployment, hydrogen as ...


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