I was wondering in May 2008 if oil production already peaked. The Oil Drum brings us more data on peak oil as to their latest article non-OPEC countries’ oil production peaked in 2004. Indeed, Russia – the world’s second oil producer – saw its production peaked in 2008 and is due to decrease by 8 …
… you should have a look at the image on the left. Drilling offshore won’t solve the various problems. Similarly, drilling the Arctic oil won’t improve the situation either. The situation seems hopeless ? It is not, as energy efficiency is a solution that can address the problem permanently and that also can seriously help …
If you think that offshore drilling is a solution… Read More »
According to the Daily Green, the International Energy Agency is wondering if oil supply can still answer to the demand and is investigating the situation for the first time of its history. In other words, the IEA believes that peak oil may have been reached already. Indeed, with oil prices increasing by thirty percent in …
This was the question David Straham asked himself on his blog. I already talked about him when I reviewed his oil depletion atlas. (cf. Peak oil is near… around 2015 ! ) Unlike what one might think, the depletion of oil resources aren’t due to solve global warming, but is more likely to increase it. …
Would peak oil solve the climate change problem ? Read More »
The International Energy Agency (IEA) released on Monday a study on the middle term market for oil. According to the Financial Times and Les Echos, the oil prices aren’t due to decrease between 2007 and 2012. According to the FT : “In its starkest warning yet on the world’s fuel outlook, the International Energy Agency …
I came across a very interesting website today via an article from Les Echos. This page is about peak oil, the point where half of oil reserves will be used up and according to this source, it should occur around 2015, ie. in less than ten years. David Strahan, the author of The last oil …
