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Keyword: peak

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  • Solar Power No Help During California's Late Peak Winter Hours

    12/13/2013 1:20:47 PM PST · by WayneLusvardi · 32 replies
    Calwatchdog.com ^ | December 13, 2013 | Wayne Lusvardi
    Solar power is popular nowadays as a “renewable,” non-polluting energy source. It helps California comply with AB32, the Global Warming Solutions Act of 2006, which mandates a 25 percent reduction in greenhouse gases in the state by 2020. “Even on short winter days, California is breaking solar energy records,” declared environmental writer Chris Clarke on the website of KCET, America’s largest independent public TV station, which broadcasts across Southern California. Clarke was jubilant that solar power had generated more than 2,800 megawatts of electricity just before noon on that day. There also was 1,898 megawatts of rooftop solar power generated...
  • R.I.P. The Oil Drum 2005-2013 {Peak Oil proclaimers giving up}

    07/05/2013 11:05:18 AM PDT · by thackney · 23 replies
    Red State ^ | July 3rd, 2013 | Steve Maley
    It was with some dismay that I read this morning of the impending end of The Oil Drum, perhaps the leading “peak oil” blog … … due to scarcity of new content caused by a dwindling number of contributors. Despite our best efforts to fill this gap we have not been able to significantly improve the flow of high quality articles. Because of this and the high expense of running the site, the board has unanimously decided that the best course of action is to convert the site to a static archive of previously published material as of 31st July...
  • The Latest Major Energy Discovery Could "Dwarf North Dakota" (Louisiana)

    03/10/2013 11:54:34 AM PDT · by stinkerpot65 · 42 replies
    streetauthority.com ^ | January 29, 2013 | Chad Tracy
    As the Cline is roughly 9,800 square miles in size, this works out to estimated reserves in excess of 30 billion barrels. These reserves could easily eclipse the Bakken (4.3 billion barrels according to conservative government estimates) and the Eagle Ford (3 billion barrels).
  • Peak Oil Bites the Dust

    01/29/2013 5:05:25 AM PST · by Renfield · 19 replies
    The Daily Bell ^ | 1-25-2013
    $20 trillion shale oil find surrounding Coober Pedy 'can fuel Australia' ... Coober Pedy has between 3.5 billion and 233 billion barrels of oil Australia could change from oil importer to exporter ... South Australia is sitting on oil potentially worth more than $20 trillion, independent reports claim - enough to turn Australia into a self-sufficient fuel producer. Brisbane company Linc Energy yesterday released two reports, based on drilling and seismic exploration, estimating the amount of oil in the as yet untapped Arckaringa Basin surrounding Coober Pedy ranging from 3.5 billion to 233 billion barrels of oil. At the higher...
  • Gas tanks are draining family budgets

    05/27/2011 6:32:09 PM PDT · by george76 · 113 replies
    AP ^ | May 27, 2011 | Jonathan Fahey
    As summer driving season begins, squeezing the gas pump means squeezing the family budget . Households spent an average of $369 on gas last month. In April 2009, they spent just $201. Families now spend more filling up than they spend on cars, clothes or recreation. Last year, they spent less on gasoline than each of those things. ... The ramifications are far-reaching for an economy still struggling to gain momentum two years into a recovery. Economists say the gas squeeze makes people feel poorer than they actually are. They're showing it by limiting spending far beyond the gas station....
  • Crude Oil Price Surge and Supply, There Are No Good Outcomes

    03/06/2011 5:38:41 PM PST · by blam · 65 replies
    TMO ^ | 3-6-2011 | James Quinn
    Crude Oil Price Surge and Supply, There Are No Good Outcomes Commodities / Crude Oil Mar 06, 2011 - 08:04 AM By: James Quinn The political class and their mouthpieces in the corporate controlled mainstream media are desperately trying to spin the oil price surge as a temporary inconvenience that will not derail their phony recovery story. Brent crude closed at $116 per barrel yesterday. West Texas crude closed at $104 per barrel. Unleaded gas has risen by 22% in the last month and 60% since September 1, 2010. I’m sure this slight increase hasn’t impacted Ben Bernanke or Lloyd...
  • Police chief: Threat of attack on France hits peak

    09/22/2010 7:39:04 AM PDT · by nuconvert · 7 replies
    The threat of a terrorist attack on French soil is at its highest as authorities suspect al-Qaida's North African affiliate may be plotting a conventional bomb attack on a crowded target, the director of the country's national police said Wednesday.
  • Energy insider issued wake-up call Financier believed world was near peak oil production

    08/10/2010 11:04:02 PM PDT · by Nachum · 12 replies
    Houston Chronicle ^ | 8/10/10 | Tom Fowler
    Investment banker Matt Simmons, who died suddenly over the weekend, was an energy industry insider and presidential adviser whose profile soared when he wrote that Saudi Arabia is running out of oil and world production is peaking. (Snip) But it was his 2005 best-selling book, Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy, that brought him a wider audience. The book argued that Saudi Arabia vastly overstated the size of its oil reserves and that the world was on the verge of a severe oil shortage as the largest oil fields become depleted.
  • Geology Picture of the Week, March 21-27, 2010: Black Tusk

    03/25/2010 9:15:53 PM PDT · by cogitator · 9 replies · 516+ views
    Various
    While watching the Winter Olympics, you might have seen a prominent crag near the Whistler Ski Area. It took exhaustive searching for me to finally figure out that this peak is called "Black Tusk". If you knew that, very good! Below are some pictures of it. Click for full-size: Click for full-size: Click for full-size: Click for full-size:
  • Domestic Terror Incidents Hit a Peak in 2009

    12/23/2009 9:21:19 AM PST · by Nachum · 9 replies · 508+ views
    Time ^ | 12/23/09 | Bobby Ghosh
    You may not have noticed because most of the plots were foiled, but 2009 saw an unprecedented surge in terror "events" on U.S. soil. When analysts tally these events, they refer to anything from a disrupted plot to U.S. citizens traveling abroad to seek terror training or a lone gunman running amok in the U.S. And by the calculations of Rand Corporation expert Brian Jenkins, more terrorist threats were uncovered in the U.S. during 2009 than in any year since 2001.
  • Property Values Set to Fall from Bubble Peak to Long-Run Average

    11/07/2009 9:11:54 AM PST · by Son House · 39 replies · 1,494+ views
    Seeking Alpha ^ | November 05, 2009 | Seeking Alpha
    Price Trends / WAR OF THE WORLDS (Round # 2): If you use 120 years of data for your time horizon, and assume prices will return to the average, then our residential property bubble will fall 49% from the bubble peak to the long-run average (see above (a) aka “(x) - (z) / 202” aka “Projected Fall Peak to Trend”). This total projected fall is less than the 60% predicted in my recent post based upon 20 years of data and a trend line drawn with the eye (click here to see that post). Property Values Set to Fall 43%...
  • Pimco's Gross calls top of rally in risky assets(Almost all assets appear overvalued)

    10/27/2009 10:40:05 AM PDT · by TigerLikesRooster · 18 replies · 861+ views
    Market Watch ^ | 10/27/09 | Alistair Barr
    Pimco's Gross calls top of rally in risky assets Almost all assets appear overvalued, bond investment giant warns By Alistair Barr, MarketWatch SAN FRANCISCO (MarketWatch) - Bill Gross, managing director at fixed-income giant Pimco, called the top of the recent rally in stocks and other risky assets on Tuesday. "The six-month rally in risk assets -- while still continuously supported by Fed and Treasury policymakers -- is likely at its pinnacle," Gross wrote in his monthly market commentary. The U.S. economy and most other developed economies became too reliant on rising asset prices, rather than the production of goods and...
  • Purdue researchers: H1N1 about to peak

    10/21/2009 9:20:25 AM PDT · by blf1776 · 11 replies · 914+ views
    WLFI TV18 ^ | 10-21-2009 | WLFI TV18
    WEST LAFAYETTE, Ind. (WLFI) - Two Purdue University math researchers have predicted the novel H1N1 flu will peak so early that planned vaccinations will not have a large effect on the number of people infected. Sherry Towers, from Purdue's statistics department, and Zhilan Feng, from Purdue's math department, used a mathematical model to predict the spread of the disease. They used data collected by the Centers for Disease Control in May, June, July and August. The result? The model predicted that H1N1 infections will reach their peak in either the week before or the week after Halloween. The researchers said...
  • Geology Picture of the Week, Sep. 27 - Oct. 3, 2009: Ladyfinger and Ultar Peak

    10/01/2009 10:18:38 PM PDT · by cogitator · 5 replies · 534+ views
    Various
    Funny thing about this one; I was trying to use the newly flawed Panoramio to find a interesting picture of the geology of Kazakhstan (for fun). Well, it turns out the Kazakhstan looks a lot like Kansas. But when I used Kazakhstan as a keyword in Panoramio, I found this. It's in Pakistan, end of the Karakoram Range. Ultar Realize that Panoramio is a branch of Google; this does not say much for the accuracy of their search function. But it's a very impressive peak. A killer of climbers too, from the background information I read. Click the first and...
  • Peak Oil’ Is a Waste of Energy

    08/25/2009 2:41:31 PM PDT · by WOBBLY BOB · 18 replies · 935+ views
    NY Slimes ^ | 8-24-09 | MICHAEL LYNCH
    REMEMBER “peak oil”? It’s the theory that geological scarcity will at some point make it impossible for global petroleum production to avoid falling, heralding the end of the oil age and, potentially, economic catastrophe. Well, just when we thought that the collapse in oil prices since last summer had put an end to such talk, along comes Fatih Birol, the top economist at the International Energy Agency, to insist that we’ll reach the peak moment in 10 years, a decade sooner than most previous predictions (although a few ardent pessimists believe the moment of no return has already come and...
  • Wounded Warriors Set Out to Conquer North America’s Highest Peak

    06/01/2009 5:16:55 PM PDT · by SandRat · 1 replies · 268+ views
    American Forces Press Service ^ | Samantha L. Quigley
    WASHINGTON, June 1, 2009 – Today marks the start of a monumental challenge for four wounded veterans, their two mentors and one guide, as they move from the base of North America’s highest peak in Alaska’s Denali National Park to the mountain’s base camp at an elevation of 6,850 feet. Denali, formerly known as Mount McKinley, challenges anyone so bold as to try to conquer its peak, some 20,320 feet into the Alaskan sky. Bob Haines, a firefighter and retired Army sergeant first class, said that regardless of training, Denali demands a lot of anyone. The team has been...
  • The 'Peak Oil' Myth: New Oil Is Plentiful

    06/22/2008 11:43:06 AM PDT · by shrinkermd · 74 replies · 290+ views
    Seeking Alpha ^ | 22 June 2008 | Jason Schwarz
    The data is becoming conclusive that peak oil is a myth. High oil prices (USO) (OIL) are doing their job as oil exploration is flush with new finds: 1. An offshore find by Brazilian state oil company Petrobras (PBR) in partnership with BG Group (BRGYY.PK) and Repsol-YPF may be the world's biggest discovery in 30 years 2. A trio of oil companies led by Chevron Corp. (CVX) has tapped a petroleum pool deep beneath the Gulf of Mexico that could boost U.S. reserves by more than 50 percent.. 3.West Cape Three Points is the largest discovery in deep water West...
  • Gulf explores alternative energy for post-oil era-(Middle east green/nuke energy)

    10/28/2007 5:51:04 PM PDT · by Flavius · 3 replies · 124+ views
    gulf news ^ | October 28, 2007 | Staff Report
    Dubai: With booming domestic demand for power, the Gulf countries are exploring the use of alternative and renewable energy resources including coal, nuclear, solar, wind and hydrogen, said an industry expert. There are 114 power generation projects of all types in the six GCC countries of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the UAE together worth more than $160 billion.
  • More oil found off the coast (Norway)

    09/17/2007 1:57:42 AM PDT · by Kurt_Hectic · 38 replies · 423+ views
    www.aftenposten.no ^ | 17 Sep 2007, 10:23 | Aftenposten English Web Desk/NTB/REUTERS
    Both Norwegian oil company Statoil and Norsk Hydro have struck more oil in territorial waters of the North Sea. It's not clear how much oil is involved. Norway's oil directorate reported Monday that Statoil found the oil in a well that lies 35 kilometers east of the Gudrun field. Statoil has a 30 percent stake in the area, along with the national agency Petoro that represents the state's direct oil investment and Det Norske Oljeselskap. Talisman Energy Norge AS has the remaining 10 percent, and Statoil is the operator. The sea is 113 meters deep at the site of the...
  • Geology Picture of the Week, September 2-8, 2007: Fitzroy Peak, Patagonia

    09/07/2007 2:32:57 PM PDT · by cogitator · 2 replies · 239+ views
  • Top Guard General: Nation’s Guard Members at Peak of Excellence

    08/22/2007 4:41:36 PM PDT · by SandRat · 4 replies · 162+ views
    American Forces Press Service ^ | Staff Sgt. Jim Greenhill, USA
    BOSTON, Aug. 22, 2007 – As the chief of the National Guard Bureau touted the achievements of today’s citizen-soldiers and -airmen to sports commentators at Fenway Park here earlier this month, a 91-year-old World War II veteran sitting in the stands below the broadcast booth made much the same claims on behalf of today’s Guard members. Army Lt. Gen. H Steven Blum, chief of the National Guard Bureau, meets with members of 1st Battalion, 158th Cavalry, of the Maryland Army National Guard and other National Guard troops who are about to deploy overseas, during a visit to Fort Dix,...
  • Japan:Population peaked in Dec. 2004 at 128 mil.(Japan's population shrinking)

    12/29/2006 9:58:43 AM PST · by TigerLikesRooster · 22 replies · 721+ views
    Population peaked in Dec. 2004 at 128 mil. The Yomiuri Shimbun The nation's population peaked in December 2004 at 127.838 million, the Internal Affairs and Communications Ministry said Wednesday, citing its revision of monthly population estimate reports. The revision was made based on the the national census of October 2005. The estimated population for October 2005 was 127.768 million, while in October 2004 it was 127.787 million, meaning the population shrank 19,000 in a year. The population includes foreigners who stay in Japan for three months or more. According to the ministry, the population rose and fell in 2004, peaking...
  • US 'flag epidemic' reaches peak on Fourth of July

    07/04/2006 5:54:22 PM PDT · by NormsRevenge · 34 replies · 1,139+ views
    AFP on Yahoo ^ | 7/4/06 | Chantal Valery
    WASHINGTON (AFP) - It's a true epidemic: the red, white and blue, stars-and-stripes banners are everywhere in the United States - on house facades, front lawns, cars and clothes. Hitting an high point on the July 4 US Independence Day holiday, it is a genuine phenomenon of American national pride that, inevitably, gets a good but also sometimes unwanted boost from commercial exploitation. "It's a little strange, this obsession of the flag," French author Bernard-Henri Levy wrote after traveling across the country. "Everywhere, in every form, flapping in the wind or on stickers, an epidemic of flags that has spread...
  • New service dress prototypes peak interest (USAF Agin!)

    05/17/2006 5:56:34 PM PDT · by SandRat · 57 replies · 1,613+ views
    Air Force Links ^ | Master Sgt. Mitch Gettle
    5/17/2006 - WASHINGTON -- Based on feedback received during visits with Airmen across the Air Force, the Air Force Uniform Board is reviewing several notional concepts that Airmen have suggested regarding the appearance of the service dress uniform. Some of the informal feedback about the current service dress includes Airmen wanting to revamp the service dress to look more military, like the other services. One senior airman said, “the current uniform resembles a cheesy business suit.” Another staff sergeant said, “think world’s most dominating air power, not CEO,” and another described it as a “cheap leisure suit.” Other comments have...
  • Gold Price Hits 25 Year Peak

    05/10/2006 2:18:13 AM PDT · by wotan · 1 replies · 186+ views
    china view ^ | 5/10/06 | china view
    BEIJING, May 10 (Xinhuanet) -- Gold hit a 25-year high of 700.70 dollars an ounce on Wednesday due to a weak dollar, tension over Iran's nuclear ambitions and overall upward momentum in the commodities markets. These persistent factors have been pushing gold prices to multi-decade records for months now. Gold has risen 40 percent since late November, when for the first time in two decades the most-active contract broke through 500 dollars an ounce.
  • M. King Hubbert's Lower 48 Prediction Revisited

    03/08/2006 9:12:37 AM PST · by NYorkerInHouston · 15 replies · 581+ views
    Energy Bulletin ^ | March 6, 2006 | Jeffrey J. Brown & "Khebab"
    What can 1970 and Earlier Lower 48 Oil Production Data Tell Us About Post-1970 Lower 48 Oil Production? Introduction Fifty years ago this week, on March 8, 1956, at a meeting of the American Petroleum Institute in San Antonio, Texas, M. King Hubbert, in the preprinted version of his prepared remarks, had the following statement, "According to the best currently available information, the production of petroleum and natural gas on a world scale will probably pass its climax within the order of a half century (i.e., by 2006), while for both the United States and for Texas, the peaks of...
  • Geology Picture of the Week, February 5-11, 2004: Mount Kenya

    02/07/2006 8:36:42 AM PST · by cogitator · 13 replies · 357+ views
    Various | Various
  • Precisions with respect to the behavior of the Cantarell complex (oil output expected to decline)

    12/13/2005 8:50:04 AM PST · by NYorkerInHouston · 4 replies · 198+ views
    PEMEX (corporate website) ^ | December 8, 2005 | PEMEX
    Original in Spanish- after running through babelfish: The Cantarell complex is constituted by the fields Nohoch, Chac, Akal, Kutz, Ixtoc, and Sihil, of which Akal is the greater one. Cantarell was discovered in 1976, and from 1979 to the closing of November of this year it has produced 11.492 million oil barrels and 4,691 million million cubical natural gas feet. Also, a project of maintenance of pressure approved in 1997 that it includes the injection of 1.200 million daily cubical nitrogen feet and the perforation until now of 190 wells, has allowed to increase its oil production of 1,082 million...
  • At 30,000 feet down, where were the dinosaurs?

    11/29/2005 3:26:34 AM PST · by ovrtaxt · 75 replies · 3,535+ views
    WorldNetDaily.com ^ | November 29, 2005 | Jerome Corsi
    At 30,000 feet down, where were the dinosaurs? Posted: November 29, 20051:00 a.m. Eastern © 2005 WorldNetDaily.com Developments in deep-drilling for natural gas present serious challenges to those who still maintain "Fossil-Fuel" theories as to the origin of complex hydrocarbon fuels. The Western world's record for deep-well natural-gas exploration and production is held by the GHK Company in Oklahoma. From 1972 through 1974, the company engineered and drilled two Oklahoma natural-gas commercial wells at depths greater than 30,000 feet (approximately 5.7 miles) – the No. 1-27 Bertha Rogers well (total depth 31,441 feet) and the No. 1-28 E.R. Baden well, both located...
  • Doubts Raised on Saudi Vow for More Oil

    10/27/2005 8:28:52 AM PDT · by NYorkerInHouston · 1 replies · 229+ views
    Energy Bulletin (originally from NY Times) ^ | October 27, 2005 | Jeff Gerth
    WASHINGTON, Oct. 26 - Last spring, the White House publicly embraced plans by Saudi Arabia to increase its oil production capacity significantly. But privately, some officials and others advising the government are skeptical about some of those Saudi forecasts. The United States relies on a few producers to maintain enough spare capacity to keep prices and markets stable, even during war or disaster. As oil prices have climbed over the last few years amid surging demand and tight supplies, the Bush administration has looked to the Persian Gulf countries, particularly Saudi Arabia, to pump extra oil. But doubts about Saudi...
  • Geology Picture of the Week, July 31-August 6, 2005: Mount Cook (and a bonus)

    08/04/2005 11:17:22 AM PDT · by cogitator · 7 replies · 570+ views
    I was just wondering what the name of the highest mountain in New Zealand was, and I looked. In retrospect, I should have been able to guess. I would be unsurprised if Mount Cook is in the background sometime during the "Lord of the Rings" movie trilogy, even though they filmed the snow trek scenes on Ruapehu. And since I discovered through the process another nice outdoor photography site (link in header), below is a picture of a place I saw once, Porcupine Falls in the Bighorn Mountains of Wyoming (my family was driving to Yellowstone NP).
  • Experts: Petroleum May Be Nearing a Peak

    05/28/2005 8:33:44 PM PDT · by kingattax · 30 replies · 829+ views
    Yahoo - Associated Press ^ | 5-28-2005 | MATT CRENSON
    Could the petroleum joyride — cheap, abundant oil that has sent the global economy whizzing along with the pedal to the metal and the AC blasting for decades — be coming to an end? Some observers of the oil industry think so. They predict that this year, maybe next — almost certainly by the end of the decade — the world's oil production, having grown exuberantly for more than a century, will peak and begin to decline. And then it really will be all downhill. The price of oil will increase drastically. Major oil-consuming countries will experience crippling inflation, unemployment...
  • The Long Emergency [Peak Oil]

    03/28/2005 4:49:00 AM PST · by Momaw Nadon · 54 replies · 1,659+ views
    Rolling Stone ^ | Thursday, March 24, 2005 | JAMES HOWARD KUNSTLER
    What's going to happen as we start running out of cheap gas to guzzle? A few weeks ago, the price of oil ratcheted above fifty-five dollars a barrel, which is about twenty dollars a barrel more than a year ago. The next day, the oil story was buried on page six of the New York Times business section. Apparently, the price of oil is not considered significant news, even when it goes up five bucks a barrel in the span of ten days. That same day, the stock market shot up more than a hundred points because, CNN said, government...
  • Geology Picture of the Week, July 11-17, 2004: Aconcagua

    07/15/2004 12:45:29 PM PDT · by cogitator · 9 replies · 3,502+ views
    Though it's the highest point on Earth that's not in Asia (and obviously the highest point in the Southern Hemisphere), Aconcagua just doesn't get any respect.
  • Is an oil peak upon the world?

    06/02/2004 6:24:37 AM PDT · by Momaw Nadon · 29 replies · 560+ views
    The Hindu Business Line ^ | Wednesday, June 2, 2004 | J. Srinivasan
    IS ANOTHER oil shock in the making? All indications point to that considering the rise in world crude prices, not just in the spot market, but also in the futures segment. In the past, the rise in the spot price of crude as, for instance, ahead of both the Gulf wars, was not accompanied by a sympathetic jump in the forward price simply because the market expected the spike to be short-lived. But, this time, the forward price has been going up sharply. Crude oil has jumped 13 per cent in three weeks. Oil for July delivery reached a record...
  • When the last oil well runs dry

    04/22/2004 6:22:48 AM PDT · by Momaw Nadon · 170 replies · 902+ views
    BBC News Online ^ | Monday, April 19, 2004 | By Alex Kirby
    Just as certain as death and taxes is the knowledge that we shall one day be forced to learn to live without oil. Exactly when that day will dawn nobody knows, but people in middle age today can probably expect to be here for it. Long before it arrives we shall have had to commit ourselves to one or more of several possible energy futures. And the momentous decisions we take in the next few years will determine whether our heirs thank or curse us for the energy choices we bequeath to them. Sunset industry? Oil production could soon peak...
  • The world's overflowing oil reserves?

    04/22/2004 5:19:54 AM PDT · by Momaw Nadon · 28 replies · 731+ views
    BBC News Online ^ | Tuesday, April 20, 2004 | By Will Smale
    Oil is making headlines again. Never far from newsworthy, such is its over-riding economic and political importance, the spotlight has returned as harsh as ever. The price of benchmark US light sweet crude recently reached its highest level for 13 years, and the cartel of petroleum exporting nations, OPEC, maintained its decision to cut production - potentially fuelling yet more rises. Add increasing violence in Iraq delaying its return to full oil production, and it is understandable that oil analysts have been getting the jitters. Not to forget President George W. Bush, who in an election year really does not...