71 comments on £1 per Litre Petrol Drives Peak Oil on Mainstream TV
Comments can no longer be added to this story.
Blogroll
- ASPO The official site of the Association for the Study of Peak Oil & Gas.
- Energy Bulletin Clearing house for news regarding the peak in global energy supply.
- PowerSwitch Dedicated to raising awareness & discussion of the impending & permanent decline of cheap oil & gas supply.
- ODAC Oil Depletion Analysis Centre working to raise awareness and promote better understanding of the world's oil-depletion problem.
- Global Public Media Public service broadcasting for a post carbon world.
- Post Carbon Institute Learning to live in a low energy world.
- PeakOil.com US site and forum to educate and promote awareness of global hydrocarbon depletion.
- FEASTA The Foundation for the Economics of Sustainability
- Tradable Energy Quotas (TEQs) This website describes an effective and fair response both to climate change and oil/gas depletion
Other Blogs
User login
Personnel
Editors
Contributors
Peak Oil Primers
Archives
- September 2008
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- July 2006
- June 2006
- May 2006
- April 2006
- March 2006
Vital Trivia
License
This work is licensed under a Creative Commons Attribution-Share Alike 3.0 United States License.
GAIA Host Collective
Hi TheMagus,
Really good interpretation. I hope the program researcher/writer is reading TOD. Perhaps they will issue a correction - along with an explanation.
One thing (of several) that bothered me about the presentation re: all those "green" (was it?) countries not yet in decline - there was no explanation of the relative amounts produced by those in decline v. those yet to roll over.
If we assume that the final peak was actually in 2005, then by 2015 (just 7 years away), even if it is a flat-plateau type peak as some hyper-optimists claim we are going to get, that shows a shortfall of ~20mbd in total liquids for a world BAU economic scenario (around a 20% shortfall!!!)
We are already around 5mbd below an IEA BAU scenario, there must be recession somewhere in the world ... no wonder Birol is starting to sweat!
BTW, peak total liquids is not the problem ... peak 'net-exports' is!!!
When MSM, and especially politicians, start talking 'net exports' then I'll know we're getting somewhere - you can't even start to fix a problem until you define exactly what it is.
But the MSM don't understand that even net exports is but one symptom of a much bigger problem ... when will we see that mentioned?
Xeroid.
This just in:
http://www.cnn.com/2007/WORLD/americas/11/08/brazil.oil.ap/index.html
That's one green country that might be greener still.
This find closely follows the trend, significantly more difficult to get to.
It might fuel the world for another 60 days or so - heroic engineering though - very nearly a depth of four and a half miles!
Xeroid.
According to EIA statistics ... http://www.eia.doe.gov/emeu/cabs/topworldtables1_2.htm
in 2006 ...
there were ...
42 'net exporters', with average total exports of 45.424 mpd
of these ...
35 have either peaked or are at a peak plateau, producing on average 37.240 mpd
that leaves ...
just 7 countries that are yet to peak, producing on average 8.184 mbd
The top 16 make up 90% of total net exports and their exports peaked in 2005.
http://netoilexports.blogspot.com/
In the two years or so since peak their net exports have declined about 5%
Between 2000 and 2006 the production of the 171 'net importer' countries fell 4.2% to 20.872 mpd
Any net growth in production (for BAU around 2% is required) will first have to counter the 'net importer' declines and the 'net exporter' declines.
IMO the most likely place for adequate future growth (if any) is likely to come from countries where current adverse 'above ground' factors are removed or from the 7 'net export' countries yet to peak.
The 7 are:
United Arab Emirates, Libya, Angola, Kazakhstan, Canada,Azerbaijan and Cote d'Ivoire (Ivory Coast).
Xeroid.
Thanks Xeroid,
This is very nice and succint.