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Tag: peak oil
Peak Oil Postponed
2014-01-10 10:06:00| OGI
Tags: oil
peak
postponed
peak oil
Peak oil: imminent or decades away?
2014-01-09 01:00:00| Offshore Technology
Are we running out of oil already or is the possibility of reaching the peak still several decades away? Two reports from different organisations offer two very different answers. We speak to both the World Energy Council and the University of Maryla
Tags: oil
peak
decades
imminent
Former BP Geologist: Peak Oil Is Here and It Will 'Break Economies'
2013-12-24 05:18:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: A former British Petroleum (BP) geologist has warned that the age of cheap oil is long gone, bringing with it the danger of "continuous recession" and increased risk of conflict and hunger. At a lecture on 'Geohazards' earlier this month as part of the postgraduate Natural Hazards for Insurers course at University College London (UCL), Dr. Richard G. Miller, who worked for BP from 1985 before retiring in 2008, said that official data from the International Energy Agency (IEA), US Energy Information...
Imminent peak oil could burst US, global economic bubble - study
2013-11-19 15:58:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: A new multi-disciplinary study led by the University of Maryland calls for immediate action by government, private and commercial sectors to reduce vulnerability to the imminent threat of global peak oil, which could put the entire US economy and other major industrial economies at risk. The peer-reviewed study contradicts the recent claims within the oil industry that peak oil has been indefinitely offset by shale gas and other unconventional oil and gas resources. A report by the World Energy...
Tags: study
global
economic
oil
Peak Oil Is Dead Wrong
2013-10-12 19:00:31| Oil & Gas - Topix.net
There are 89 billion barrels of oil still trapped inside America's oil wells. That's because the average oil well in America only gives up 30% of its black gold.