Monthly Archives: December 2010

There is plenty of oil, but . . .

Posted on December 13, 2010 by Gail Tverberg

This is a post I wrote about a year ago that has been very popular. It was originally posted on The Oil Drum. It is based on a presentation I gave. There is a huge amount of oil which theoretically … Continue reading →

Posted in Financial Implications, Introductory Post, Oil and Its Future | Tagged , | 8 Comments

This Week’s ‘This Week In Petroleum’ and Record Demand for Oil

Posted on December 10, 2010 by Gail Tverberg

This is a post by Dave Summers (also known as “Heading Out”). It was previously posted at Bit Tooth Energy. The EIA released their “This Week in Petroleum” report on Wednesday, December 8, with a graph of American demand over … Continue reading →

Posted in Oil and Its Future | Tagged , | 5 Comments

Oil limits lead to state budget squeezes

Posted on December 9, 2010 by Gail Tverberg

When oil consumption is rising, it is possible for the economy to expand, and more jobs be added. But as oil limits are reached (really based on higher prices of oil, relative to other goods), fewer and fewer private sector … Continue reading →

Posted in Financial Implications | 21 Comments

Natural Gas Setbacks – Water Contamination and Escaped Gases

Posted on December 8, 2010 by Gail Tverberg

Natural gas would like to be bridge fuel as we deal with oil shortages, but it keeps running into obstacles. A big obstacle is the fact that the price is now too low, relative to what it costs to extract … Continue reading →

Posted in Alternatives to Oil | Tagged , , | 15 Comments

Why oil shortages may make nuclear a less viable option

Posted on December 6, 2010 by Gail Tverberg

If oil is in short supply, what should we do? One idea is to add nuclear, but this doesn’t work as well as one would like. The big issue I see is that nuclear power plants have a very long … Continue reading →

Posted in Alternatives to Oil | Tagged , | 16 Comments