Tag Archives: technology

The First Law of Thermodynamics – Energy Is Becoming a Buyer’s Market

Energy cannot be created or destroyed, but can be altered from one state to another (1). Oil Supply Dwarfs Demand – Official “There is an abundance of oil: known resources today dwarf the world’s likely consumption of oil out to 2050 and … Continue reading

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How do you keep Oil above $50/bbl forever?

In a world of flattening and changing energy demand, with more dense and varied supply, Saudi Arabia’s latest, lone effort to manage global oil prices looks forlorn ———— Everyone seems to like an oil price around about $50-60/bbl these days. Saudi … Continue reading

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Peak Investment Has Probably Already Happened

Peak Oil and Gas Investment Has Probably Already Happened – So What does that Mean? The subject of Peak Demand remains a top-level oil and gas issue. Peak Investment should be one too – especially as it’s probably already happened. The IEA … Continue reading

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No Plan B

Big Oil’s Single, Fixed Strategy is Vulnerable International oil companies have one strategy: they assume stable, growing oil demand and so invest continuously to expand reserves, production and revenue, to deliver enduring value. But they are also the highest cost … Continue reading

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Bloomberg Gadfly – Big Projects, Big Problems

We’ve covered big oil’s structural problems with big projects in a number of posts this year – see Megafragility for example. I have also contrasted this with the alternate world of manufacturing improvements and their increasingly sustainable impact on shale oil … Continue reading

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