(1) Actual production We have 3 components of oil supplies from different sources: crude oil only (statistics from IEA) condensate (statistics from EIA) natural gas liquids (statistics from EIA) Note that oil…
Author: matt
Matt Mushalik (MEAust, CPEng)
Sydney
Australian Peaky Leaks goes mainstream
http://www.dailytelegraph.com.au/news/opinion/all-evidence-of-this-treachery-went-down-the-memory-hole/story-e6frezz0-1226248729853 The Australian Daily Telegraph published today a story on a leaked government report (BITRE 117) which (optimistically) calculated peak oil around 2017, followed by permanent decline The report can be downloaded…
Nigeria: oil producers try to reduce fuel subsidies
Fuel subsidies in oil producing countries are a big problem not only because they are a burden for budgets but also because they result in an inefficient oil supply environment. This problem…
Iran playing war games, but not in video arcades
As the world enters year 8 of peak oil with wafer thin spare capacity to offset any supply disruptions, war games around the heart of the Middle East oil supply system are…
Crudeoilpeak Summary 2011
In 2011, I wrote a total of 55 posts. The menu system was also expanded with readily available graphs and other information. These were the topics in 2011: (1) Oil supplies…
Incremental crude oil production August 2011
(1) By continent (1.1) North America Growing Canadian production from tar sand syn crude could not offset Mexican decline. The US was able to increase production after the last hurricane and the…
Australian Energy White (Wash) Paper 2011: peak oil denial not yet peaked
It is unbelievable. We are now in year #7 of peak oil, and a newly released draft of an Energy White Paper of the Australian government, together with a suite of other…
Australian intercity rail run-down and unprepared to replace domestic flights after peak oil
On 22/11/2011 I tested the XPT train from Sydney to Melbourne on my way to the conference Building Community Resilience and Minimising Risk http://www.mav.asn.au/events/Pages/Building-Community-Resilience-and-Minimizing-Risk-23112011.aspx organised by the Municipal Association of Victoria, for…
APEC energy intensity reductions: what it means for Australian oil consumption
At the APEC summit in November 2011 we find in the Honolulu declaration under “Promoting green growth”: We will also take the following steps to promote our green growth goals: Aspire to…
System dynamics peak oil, financial and CO2 debt, ME geopolitics
(A) Why is the timeline for an orderly transition just 10 years? Oil: We have missed implementation windows for peak oil mitigation long ago: In Australia: “Yes, Prime Minister”, peak oil 2006…