Monthly Archives: December 2010

Will 2011 be a rerun of 2008? (Longer version)

Posted on December 20, 2010 by Gail Tverberg

A post similar to this is in today’s ASPO-USA Newsletter. We all remember the oil price run-up (and run back down) of 2008. Now, with prices similar to where they were in the fall of 2007, the question quite naturally … Continue reading →

Posted in Financial Implications | Tagged , | 24 Comments

Peak Oil: What do we do now?

Posted on December 17, 2010 by Gail Tverberg

Our problem now is that we have built a complex economy that depends on oil and other fuels. We can see that we will have less oil in the future. The question is, “What we should do, in planning for … Continue reading →

Posted in Planning for the Future | Tagged | 55 Comments

World Oil Production – Looking for Clues as to What may be Ahead

Posted on December 16, 2010 by Gail Tverberg

If we look at a graph of historical world oil production, we see a somewhat bumpy production pattern with two major price spikes (in 2009 $)–one peaking in 1981 and one peaking in 2008. The first spike in prices occurred … Continue reading →

Posted in Oil and Its Future | Tagged , , , | 9 Comments

Bashing the oil industry

Posted on December 15, 2010 by Gail Tverberg

Bashing the oil industry seems to be popular. The most recent example is the New York Times’ editorial They haven’t learned. I don’t think any industry is perfect, but I also have a hard time seeing that any industry should … Continue reading →

Posted in Oil and Its Future | 13 Comments

Adjusting Energy Return on Investment (EROI) for Time

Posted on December 14, 2010 by Gail Tverberg

Nate Hagens wrote a post at The Oil Drum called Applying Time to Energy Analysis. Under standard EROI analyses, there is no recognition of time – if you cut down a tree, but couldn’t burn it for energy until 50 … Continue reading →

Posted in Alternatives to Oil | Tagged , , | 7 Comments