New IMF Working Paper Models Impact of Oil Limits on the Economy
The International Monetary Fund (IMF) recently issued a new working paper called “The Future of Oil: Geology versus Technology” (free PDF), which should be of interest to people who are following “peak oil” issues. This is a res...
The Myth That the US Will Soon Become an Oil Exporter
Countries trade crude oil and oil products back and forth. When all of these transactions are netted out, is the US close to becoming a “net” oil exporter?
With the recent increase in oil production (perhaps even exceeding that of Russia on...
Two Energy Books of Interest
Today, I’d like to write about two fairly different books related to limited energy supply. Both are excellent, but intended for fairly different audiences, and focusing on different aspects of our dilemma.
1. “Power Plays: Energy Options ...
What the New 2011 EIA Oil Supply Data Shows
The US Energy Information Administration (EIA) recently released full-year 2011 world oil production data. In this post, I would like show some graphs of recent data, and provide some views as to where this leads with respect to future production.
Worl...
World Energy Consumption since 1820 in Charts
Figure 1 shows the huge increase in world energy consumption that has taken place in roughly the last 200 years. This rise in energy consumption is primarily from increased fossil fuel use.
Figure 1. World Energy Consumption by Source, Based on Vaclav...
World Energy Consumption Since 1820 in Charts
Figure 1 shows the huge increase in world energy consumption that has taken place in roughly the last 200 years. This rise in energy consumption is primarily from increased fossil fuel use.
Figure 1. World Energy Consumption by Source, Based on Vaclav...
Why High Oil Prices Are Now Affecting Europe More Than the US
The world is presently sharing a limited supply of oil. When oil prices rise, oil production doesn’t rise very much, if at all.
Figure 1. Brent oil spot price and world oil supply (broadly defined), based on EIA data.
The issues then become: Whi...
Why High Oil Prices Are Now Affecting Europe More Than the US
The world is presently sharing a limited supply of oil. When oil prices rise, oil production doesn’t rise very much, if at all.
Figure 1. Brent oil spot price and world oil supply (broadly defined), based on EIA data.
The issues then become: Whi...
Why High Oil Prices Are Now Affecting Europe More Than the US
The world is presently sharing a limited supply of oil. When oil prices rise, oil production doesn’t rise very much, if at all.
Figure 1. Brent oil spot price and world oil supply (broadly defined), based on EIA data.
The issues then become: Whi...
Basking in the Sun
This is a guest post by Tom Murphy. Tom is an associate professor of physics at the University of California, San Diego. This post originally appeared on Tom's blog Do the Math.
Who hasn’t enjoyed heat from the sun? Doing so represents a direct ...
Obstacles Facing US Wind Energy
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.
Figure 1. Wind energy (dark green) is barely visible in a graph of US energy consumption b...
Warm and Fuzzy on Geothermal?
This is a guest post by Tom Murphy. Tom is an associate professor of physics at the University of California, San Diego. This post originally appeared on Tom's blog Do the Math.
The Earth started its existence as a red-hot rock, and has been cooling ev...
