By Kevin Crowley 2 December 2019 (Bloomberg) – At EOG Resources Inc.’s Francisco lease in the heart of the Eagle Ford Shale in South Texas, a half dozen cows laze in the shade of a tree next to black oil-storage tanks. A small flare burns atop a steel pylon, like a memorial to the boom […]
By Natalie Sauer22 January 2019 (Climate Home News) – Electric car use may be growing exponentially, but they are doing little to curb rising carbon emissions and oil demand, the head of the International Energy Agency (IEA) said on Tuesday. “To say that electric cars are the end of oil is definitely misleading,” economist Fatih […]
By Ed Crooks 31 January 2018 NEW YORK (Financial Times) – US oil production has returned to its record high point, 47 years after the previous peak during the final days of the last Texas oil boom, as the shale revolution that was temporarily set back by low crude prices has reignited.The government’s Energy Information […]
By Mark Buchanan 7 November 2017 (Bloomberg) – The latest U.S. government report on climate change illustrates how expensive the phenomenon can be: It estimates that more frequent flooding, more violent hurricanes and more intense wildfires, among other things, have cost the country $1.1 trillion since 1980.What’s particularly striking, though, is how much the report […]
17 July 2017 By Ker Than (Stanford News) – Even oilfields aren’t immune to the ravages of time: A new study finds that as some of the world’s largest oilfields age, the energy required to keep them operating can rise dramatically even as the amount of petroleum they produce drops.Failing to take the changing energy […]
By Ron Patterson17 December 2016 (Peak Oil Barrel) – Jean Laherrere has posted the following charts and comments on Bakken and World oil reserves. […] Everybody knows that world oil discoveries are well below oil production since a long time ago and that remaining reserves should be decreasing. Proved reserves increase by adding tar sands […]
By Robert Rapier8 June 2016 (Forbes) – Each year in June two very important reports are released that provide a comprehensive view of the global energy markets. The highlight of the recently released Renewables 2016 Global Status Report was that the world’s renewable energy production has never been higher. But the biggest takeaway from this […]
[cf. MIT researchers predict ‘global economic collapse’ by 2030 – ‘We are not on a sustainable trajectory’ and The Limits to Growth at forty: Is collapse now inevitable?] By Nafeez Ahmed19 April 2016 (Insurge Intelligence) – A report commissioned on behalf of a cross-party group of British MPs authored by a former UK government advisor, […]
GALVESTON, 23 March 2016 (Texas A&M Today) – Last December, officials representing more than 190 countries met in Paris to participate in the United Nations Climate Change Conference. The historic outcome from that conference was the “Paris Agreement” in which each country agreed to reduce greenhouse gas emissions in order to limit global warming to […]
3 February 2016 (EPIC) – On the heels of a historic climate agreement in Paris, a new study [pdf] in the Journal of Economic Perspectives sheds light on the world’s ability to stop using fossil fuels. Its conclusion: fossil fuel consumption is likely to continue to grow without clear and decisive global actions to put […]
