Posted on May 20, 2013 at 9:22 am by The Oil Drum in
Wells Dry, Fertile Plains Turn to Dust
Vast stretches of Texas farmland lying over the aquifer no longer support irrigation. In west-central Kansas, up to a fifth of the irrigated farmland along a 100-mile swath of the aquifer has already gone dry. In…
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Posted on May 20, 2013 at 4:05 am by The Oil Drum in
Electricity,
Nuclear
Our energy system is evolving due to depletion of cheap fossil fuels and the need for carbon emission constraints. Government and business are under pressure to tackle the energy challenges of rising energy costs, energy security, and reducing greenhou…
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Posted on May 19, 2013 at 3:10 am by The Oil Drum in
Weather
News of the future was, in my youth, something that one found by crossing the palm of a lady in a dark tent with a piece or two of silver (or the modern equivalent) at one of the fairs that came to town. Such opportunities still exist, with all the cav…
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Posted on May 18, 2013 at 10:33 am by The Oil Drum in
Energy Department approves expanded LNG exports
The Energy Department gave a terminal near Freeport, Tex., permission Friday to ship liquefied natural gas to Japan, providing a new outlet for rising U.S. production of shale gas despite qualms of enviro…
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Posted on May 17, 2013 at 9:30 am by The Oil Drum in
Avoiding the ‘Energy Abyss’
John Hofmeister doesn’t call it ‘peak oil,’ instead he calls it the ‘energy abyss,’ the point at which the global economy ceases to grow because the oil industry can no longer meet demand.
Hofmeister is the forme…
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Posted on May 15, 2013 at 9:24 am by The Oil Drum in
Oil Shockwaves From U.S. Shale Boom Seen by IEA Ousting OPEC
The U.S. shale boom will send “shockwaves” through the global oil trade over the next five years, benefiting the nation’s refiners and displacing OPEC as the driver of supply growth, th…
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Posted on May 13, 2013 at 9:35 am by The Oil Drum in
Old Technology Fuels New Energy Boom
What’s happening today is not a new-technology revolution; it’s an evolution of new applications for existing technology. Oil companies are doing things that they’ve been doing for decades more efficiently, m…
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Posted on May 12, 2013 at 12:20 pm by The Oil Drum in
Perceptions based on perhaps too small a collection of information can lead into opinions that, on investigation, turn out to be incorrect. Just recently a couple of friends had mentioned that charities that they are associated with were seeing a decl…
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Posted on May 11, 2013 at 9:56 am by The Oil Drum in
Icy Arctic rising as economic, security hot spot
WASHINGTON (AP) — The icy Arctic is emerging as a global economic hot spot — and one that is becoming a security concern for the U.S. as world powers jockey to tap its vast energy resources and stake…
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Posted on May 10, 2013 at 9:28 am by The Oil Drum in
At Least 9 More Decades for North Sea Oil
Oil and gas production in the UK North Sea can continue until the end of this century provided the right government policy decisions are made, according to Scottish Energy Minister Fergus Ewing.
…”In domest…
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Posted on May 8, 2013 at 9:57 am by The Oil Drum in
OTC
Shale Oil and Gas: The Contrarian View
No one is questioning the fact that we have either reached or will soon reach “peak oil”; that existing fields are being depleted at the rapid rate of 7 percent a year, and that the search is on for “unconve…
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Posted on May 6, 2013 at 7:31 am by The Oil Drum in
The Oil and Gold Booms Are Over
The Malthusian specter of rising demand and shrinking supply has been replaced by a new realization that, for most commodities, demand is flat and supply is rising fast. Oil demand in developed nations has been stable si…
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