On the first really hot day in 2018 Sydney experienced temperatures above 45 degrees. Fig 1: BOM Temperature map for NSW on 7 Jan 2018 http://www.bom.gov.au/web03/ncc/www/awap/temperature/maxave/daily/colour/history/ns/2018010720180107.hres.gif These were the temperatures in Sydney’s…
Author: matt
Impact of oil production decline and low oil prices: Venezuela
Venezuelan X’mas 2017 without petrol https://losbenjamins.com/2017/12/venezuela-sin-gasolina-navidades/ Petrol lines are nothing new in Venezuela. But the problem is getting deeper and deeper: Top Venezuelan refineries are running at 34% of their capacity 17/10/2017…
Shale gas revolution did not last long for BHP – the Fayetteville story
http://www.naturalgasintel.com/topics/101-fayetteville-shale We had these headlines a couple of months ago: BHP’s $50 billion shale oil blunder 23/8/2017 BHP slapped $US4.75 billion ($6 billion) down on the table to buy the rights from…
Does the IEA try to hide the conventional crude oil peak in its 2017 World Energy Outlook?
In this post we look at crude oil production in the World Energy Outlook released in November 2017 Fig 1: WEO 2017 oil supply Note that the 5 year interval table omits 2005…
The Fight for Northern Iraq’s remaining oil
Fig 1: Iraqi crude exports by SOMO The above graph shows Iraqi crude oil exports by the SOMO oil marketing company. Until March 2014 Kirkuk crude from North Oil Company (Avana and…
Former Prime Minister Howard assumes US shale oil will provide for China’s oil demand growth
At this event at the Australian Institute for Asian Affairs 31/10/2017 Australia in Today’s World – some observations from former PM John Howard https://www.internationalaffairs.org.au/news-item/australia-todays-world/ John Howard was happy to report that Chinese…
Howard’s Energy Policy Failure 2004
This article is about a paper I handed over to former Prime Minister Howard during a seminar at the Australian Institute of International Affairs on 31/10/2017 Australia in Today’s World – some…
Australia’s east coast gas crisis will be permanent
Australia comes up with yet another grand energy policy in which gas is supposed to deliver dispatchable (peak) power. From the Prime Minister’s website: NATIONAL ENERGY GUARANTEE TO DELIVER AFFORDABLE, RELIABLE ELECTRICITY…
Peak oil in Latin America
This post is using mainly BP’s Statistical Review published in June 2017. Although these statistics put Mexico under North America, it is included here and added to South and Central America’s data…
Almost half of Australia’s petrol, diesel and jet fuel imports come from South Korea and Japan
As the world wonders what comes next in the North Korean missile crisis we need to have a look what a military confrontation would mean for Australia. This article from the Sydney…