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Tag Archives: peak oil
Oil’s Big Dive Disrupts
“I posted last week the news that Saudi Arabia seems to have recognized that the age of Oil is drawing to an end. Below, Amory Lovins Whale oil analogy might have seemed quixotic a few years ago. Now? “Yet as oil prices gyrate, … Continue reading
More than $150Billion oil projects risk being axed in 2015
While some folks are happy about oil and petrol prices going low, it won’t last long. While prices were high, deep water and directional drilling, along with fracking, opened up new/old sources, previously not worth developing, causing oversupply. It’s much cheaper to get … Continue reading
Peak oil is alive and well, and costing the earth
Even notoriously left-leaning columnist George Monbiot has announced: “We were wrong about peak oil”. But he’s wrong about being wrong. >readmore> The Conversation