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These are random occasional observations by Al Bartlett on items reported in the Peak Oil Review.
Peak Oil Review, Vol. 5, No. 9, March 1, 2010
1) In the Ed Stein cartoon, one has an interesting contrast between the giant hyperbolic cooling tower and the small orange cylindrical building to the right of the tower. The small orange building houses the nuclear reactor. There is nothing nuclear about the giant tower, although Read More
Ed Stein On Energy
Quote of the Week
“I think it might not be a bad idea to examine the faith-based assumption that the US has a virtually unlimited supply of natural gas from shale formations that can be extracted at a low price for the indefinite future. Perhaps the few people who think shale gas will be produced at a higher cost, [...]
- John Dizard, the Financial Times
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These are random occasional observations by Al Bartlett on items reported in the Peak Oil Review.
Peak Oil Review, Vol. 5, No. 9, March 1, 2010
1) In the Read More
The oil supply challenge is often summarized in terms of the production volume equivalent of Saudi-Arabia’s that needs to be replaced. This popular Read More
“I think it might not be a bad idea to examine the faith-based assumption that the US has a virtually unlimited supply of natural gas from shale formations Read More
“Shale gas has a fairly short history of production. [Companies] are projecting stable production for 20 to 30 years, but we don’t have a history Read More
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“Sanctions [against Iran] are a long-term solution. They may work, we can’t judge. But we see the issue in the shorter term maybe because we are closer to the threat… So we need an immediate Read More
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1. Prices and Production
Oil prices have moved up steadily for two weeks, rising by almost Read More
Even for staunch proponents of U.S. biofuel policy, it is hard to argue that the current subsidy on grain ethanol serves the purpose it was designed to serve. With ethanol mandates now in place in the Read More