UK Gov’t Department of Energy and Climate Change Pathways 2050 report - July 30
July 31, 2010 by admin
Filed under Natural Gas
-2050 Pathways Analysis
-UK energy scenarios: working with a flawed model
-DECC publishes plans for achieving 2050 targets
-DECC lays out six possible futures for low-carbon energy
How long will the Chinese put up with coal?
July 31, 2010 by admin
Filed under Natural Gas
Exxon Mobil today issued an impressive second-quarter earnings report, with much of the good news again involving a surge in liquid natural gas production from Qatar. It’s further proof that Exxon — along with the rest of Big Oil — has made a big bet that natural gas will be a growth engine for the company in the absence of opportunities in oil. Fast-growing Asia is the big market, with China leading the way.
Peak oil review - July 26
July 27, 2010 by admin
Filed under Natural Gas
A weekly roundup of peak oil news, including:
-Oil and the global economy
-the Deepwater Horizon saga
-Energy bill on hold
-Quote of the week
-Briefs
Interview with geologist Art Berman - Part 2
July 27, 2010 by admin
Filed under Natural Gas
“I don’t know where it’s going. It seems inevitable to me that it is sort of a bubble phenomenon; but bubbles can go on for 25 years or so, even though everyone knows that’s what’s happening. As long a capital markets continue to fund these things it’s going to keep on going. I’m not saying that’s even a bad thing, though I wouldn’t put any money in it, that’s for darned sure.”
Peak oil and gas prices and supplies: drilling and fracking fallout - July 26
July 27, 2010 by admin
Filed under Natural Gas
-Tony Hayward’s departure follows that of his mentor
-Researchers Confirm Subsea Gulf Oil Plumes Are From BP Well
-Proceed with caution on shale gas
-Siemens warns growth could fall 7.5pc if energy prices rise
-Is Matt Simmons Credible?
Geologist Berman: Shale gas reserves ’substantially overstated’
July 25, 2010 by admin
Filed under Natural Gas
“You have to acknowledge that shale gas is a relatively new and significant contribution to North American supply. But I don’t believe it’s anywhere near the magnitude that is commonly discussed and cited in the press. There are a couple of key points here. First the reserves have been substantially overstated. In fact I think the resource number has been overstated.”
A Deutschland disconnected from its Volk
July 25, 2010 by admin
Filed under Natural Gas
As elsewhere in western Europe, the advanced liberal consumer democracies are ever more unable (politically unwilling) to implement genuine change. Deutschland’s rulers in Berlin firmly believe that techno-managerial innovation (and a hefty dose of financial risk-taking) will continue to provide cures for current ideas of what is unsustainable. As has happened time and again in Europa’s history of nations, from the mid-19th century onwards, the costs of such ‘revolutions’ will be externalised elsewhere (east and south), and the ecological sustainability that Germany’s admirable network of communes have long been admired for will remain out of reach of the country’s policy and practice.
Interview with Art Berman - Part 1
July 23, 2010 by admin
Filed under Natural Gas
Art Berman is a geological consultant whose specialties are subsurface petroleum geology, seismic interpretation, and database design and management. He is currently consulting with a wide range of industry clients such as PetroChina, Total, and Schlumberger. Mr. Berman has an MS in geology from the Colorado School of Mines and is active with the American Assoc. of Petroleum Geologists. Art spoke with us last Thursday after a presentation in Canada at the CIBC Technical Conference.
Naresh Giangrande, Co-Founder of the World’s First Transition Town
July 21, 2010 by admin
Filed under Natural Gas
Naresh Giangrande is the co-founder of the world’s first Transition Town, in Totnes, UK. The goal of Transition Towns is to transition from oil dependence to community resilience. He was visiting in Vermont last week, and we’ll here what he had to say about how the project is going back in England, plus what he’s learned from other Transition Towns around the world.
Projection of world fossil fuel production with supply and demand interactions (paper excerpt)
July 21, 2010 by admin
Filed under Natural Gas
Fossil fuels are currently an essential component in the global economy and the growth of the human population. The fossil fuel production projections from this study suggest that many of the IPCC fossil fuel projections appear overly optimistic. Based on the assumed URR values, it is predicted that global fossil fuel production will peak before 2030. For this reason, it is imperative that appropriate action be taken as early as possible to mitigate the effects of fossil fuel decline, to avoid energy shortages in the near future.