Tag Archives: Peak Oil
The end of airlines
Here is the airline’s business model and problem in a nutshell: use cheap fuel to propel people between healthy economies. Economies have flatlined, and fuel is becoming too expensive to burn. The global aviation business model is dead.
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Posted in Economics
Tagged aviation, british airways, collapse, oil price, Peak Oil, strike
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The “undulating plateau”
The idea that energy descent will be preceded by a series matching falls and recoveries does not fit well with our intuitive sense of how complex things work.
Continue readingIndustry Experts Offer Growing Drumbeat of Supply Warnings
Groups and individuals speaking out about forthcoming world oil supply challenges are frequently stereotyped as a fringe element with little knowledge about the oil industry. But their warnings are increasingly supported by some surprising allies: senior petroleum industry officials, consultants … Continue reading
Posted in Articles
Tagged al Husseini, energy industry, Exxon, Industry Task Force, investment banking, Jeremy Gilbert, Jeremy Leggett, Peak Oil, Talisman Energy, UK
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Head in the sand
The International Energy Agency was established in the wake of the 1974 oil crisis. Its functions are to provide authoritative information on the supply of oil, and energy policy advice based on it to its member nations. The IEA has … Continue reading
The Global Oil Depletion Report
The report finds: Despite large uncertainties in the available data, sufficient information is available to allow the status and risk of global oil depletion to be adequately assessed. But the available methodologies can frequently lead to underestimates of resource size … Continue reading