Tag Archives: EROEI

IEA Oil Forecast Unrealistically High; Misses Diminishing Returns

Posted on November 13, 2012 by

The International Energy Agency (IEA) provides unrealistically high oil forecasts in its new 2012 World Energy Outlook (WEO). It claims, among other things, that the United States will become the world’s largest oil producer by around 2020, and North America will become … Continue reading →

Posted in Energy policy, Financial Implications, News Related Post | Tagged , , , , , , , , , | 174 Comments

Obstacles Facing US Wind Energy

Posted on January 4, 2012 by

In the United States, we have been working on scaling up wind energy but not getting very far. In 2010, wind energy supplied only 2.3% of electricity purchased. Such slow progress seems strange for a product that seems to have … Continue reading →

Posted in Alternatives to Oil | Tagged , , | 81 Comments

Will the decline in world oil supply be fast or slow?

Posted on April 11, 2011 by

I wrote a post last week called Steep oil decline or slow oil decline? Since writing it, I had some additional thoughts on the subject, on reasons to expect a steep decline rather than a slow decline. Furthermore, my article What’s behind … Continue reading →

Posted in Financial Implications, Oil and Its Future | Tagged , , , , | 37 Comments

Steep oil decline or slow oil decline?

Posted on April 5, 2011 by

Someone wrote asking the following question: Dear Gail, I have been reading quite a bit about peak oil recently. I get the impression (not based on data) that at some point there will be a quite steep decline in oil … Continue reading →

Posted in Financial Implications, Oil and Its Future | Tagged , , , , , | 25 Comments

If Oil Supply Declines Quickly, How do We Deal with It?

Posted on March 9, 2011 by

We don’t know precisely how oil supply will work out, but if it declines quickly, we need to think about how we can deal with such an outcome. A quick decline could come if some combination of events starts oil … Continue reading →

Posted in Planning for the Future | Tagged , , | 74 Comments