Here’s The Script, in four despicable acts: Act 1. Fracking boom goes bust as production from shale gas and tight oil wells stalls out and lurches into decline. Act 2. Oil and gas industry loudly blames anti-fracking environmentalists and...
Vladimir Putin image via Frederic Legrand / Shutterstock.com The New York Times reports that “The United States and Europe kicked off a joint effort on Tuesday intended to curb Russia’s long-term ability to develop new oil resources.” The new...
The International Energy Agency has just released a new special report called “World Energy Investment Outlook” that should send policy makers screaming and running for the exits—if they are willing to read between the lines and view the report...
Click the thumbnails to view slideshow. © J Henry Fair, flights provided by LightHawk On a sweltering day in May last year I sat dumbfounded at a US Senate Energy & Natural Resources Committee meeting. Pat Outtrim, VP of Cheniere...
Last week the LA Times ran a story saying that the U.S. Energy Information Administration (EIA) is about to reduce “its” estimate of the amount of shale oil that can be recovered from the Monterey Shale under California by...
An interview with Post Carbon Fellow David Hughes on how the oil industry managed to overestimate the amount of extractable oil in a California shale formation by a truly astonishing amount: about fourteen billion barrels. Listen on CBC Radio....
In 2011, the Energy Information Administration (EIA) of the US Department of Energy commissioned INTEK Inc., a Virginia-based consulting firm, to estimate how much oil might be recoverable from California’s vast Monterey Shale formation. Production of tight oil was...
Some 15 years ago when the current concept of peak oil was posited, it was all going to be simple. Somewhere in the early part of the 21st century oil production was going to reach a peak and...
For our interviews today, we look at peak oil theory with Richard Heinberg and James Hamilton. Heinberg argues that we have reached peak oil supply and that will have major economic consequences for our future prospects of economic growth....
“Natural gas output from US’ Marcellus edges closer to 15 Bcf/d: EIA” declared the headline in Platts that attracted my attention, since the latest data on the Marcellus shale gas play of PA and WV indicated production was less...