Coming back to the 2019 Liquid Security Review https://www.environment.gov.au/energy/liquid-fuel-security-review-consultation Figures 9-11 in part 1 show how dependent Australia has become on fuel imports from South Korea and Japan, even China. The Review…
Tag: china peak oil
What happened to crude oil production after the first peak in 2005?
The IEA (in Paris) proudly announced in its latest September 2018 Monthly Oil Market Report that global supplies (of liquids) have reached 100 mb/d in August, an impressive figure. What matters, however,…
Peak oil in China and the Asia Pacific (part 2)
South China Sea: ‘Leave immediately and keep far off’ Fig 1: U.S. Navy P-8A Poseidon reconnaissance plane overflying disputed Spratly islands 11/8/2018 https://www.youtube.com/watch?v=dodbqgKn8js https://www.bbc.co.uk/news/av/world-asia-45152525/south-china-sea-leave-immediately-and-keep-far-off Fig 2: Subi reef location in the South…
Peak oil in Asia Pacific (part 1)
This post uses data released by the BP Statistical Review in June 2018 https://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy.html Oil production seems to have left its bumpy 6 year long (2010-2015) plateau of 8.4 mb/d and is…
World needs to save at least 3 mbd by 2020 for China to grow
Any volunteers? This is the 2nd post on the best slides shown at the October 2009 ASPO conference http://peak-oil.org/2009-conference-proceedings/ PFC Energy presented a graph showing Chinese oil production arriving at a bumpy…