Posts
Let
us not forget where this whole mess came from, With thanks to Rice
Farmer
Peak
Oil news
"Pumps ran
dry at a number of Adnoc petrol stations in Sharjah city yesterday as
the emirate was once again hit by fuel shortages."
"The
Kenya Petroleum Refineries Ltd (KPRL) last week warned that it could
soon be unable to refine petroleum products owing to
severe financial constraints, a development that could affect
Kenya and its landlocked neighbours including Uganda,
Rwanda and Burundi, according to media reports."
Blackouts
hit polling centers (Philippines)
They'll
have to pump a lot of oil just to cover their massive cost overruns.
-- RF
This
is a great feel-good piece if you need to build your confidence in
our failing energy regime. The author invokes Daniel Yergin to
bolster his case, apparently unaware that Yergin's
predictions have a terrible track record.
And on and on. The author can't see that the industrial economy is
unraveling and our infrastructure is crumbling because of declining
net energy and high prices. He can't see that shale drilling is a
money-loser from the get-go or that the economy is being propped up
by rampant money printing and bubbles. Europe, North America, and
Japan are all broke, circling the drain, and towing the rest of the
world after them. It's because of declining net energy, which some
people just can't understand. Remember: With energy, quality
is everything. BTW, where's that $10/bbl oil? -- RF
Dark,
ominous clouds are gathering over the shale plays. You can see the
"net energy" meter dropping right before your eyes. Hey,
where are those "new technologies"? -- RF
Dependence
on costly junk oil is a good indicator, and major cause, of net
energy decline. -- RF
Although
wrong about peak oil, this article does a great service by pointing
out that these technologies are not new. When the media keep playing
the "new technologies" riff, they are spinning propaganda
that is supposed to convince you that we'll never have an energy
problem because "new technologies" will always save the
day. The reason that these old technologies are suddenly being used
to exploit tight oil and shale gas — whose existence has long been
known — is that the situation is getting desperate. Now, would
anyone like to tell me why oil is not $10/bbl? Oh yea, it's
speculators… -- RF
The
slight uptick in supply comes with big costs — not just the
environmental cost, but also the cost of having to drill so many
wells that give out quickly. This is no energy bonanza; it's a
low-net-energy enterprise. -- RF
This
is sustainable? How did they make all that architecture and hardware?
-- RF
"Hydrocarbon
theft in Mexico so far this year has nearly doubled in
comparison with 2012, with the worst hit zones corresponding
to some of Mexico's drug war hotspots."
"Deforestation in
the Amazon region could significantly reduce the amount
of electricity produced from hydropower, says a new study."
No comments:
Post a Comment
Note: only a member of this blog may post a comment.