The Politics of Oil
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Peak Oil, Peak Energy Mother Nature Bats Last
Peak Oil, Peak Energy Mother Nature Bats Last Martin Sereno 1 Feb 2011 (orig. talk: Nov 2004) Oil is the Lifeblood of Industrial Civilization • 80 million barrels/day, 1000 barrels/sec, 1 cubic mile/year • highly energy-dense • easy to transport, store • moves goods and people • allows us to fly (there will never be a battery-operated jet plane) • digs huge holes and puts up huge buildings • ballooned our food supply (fertilize, cultivate, irrigate, transport) • our 'stuff' is made from it (iPods to the roads themselves) • we're not "addicted to oil" -- that's like saying a person has an "addiction to blood" Where Oil Comes From • raw organic material for oil (e.g., from plankton) is present in low concentrations in ‘all’ sedimentary rocks, but esp. from two warm periods 90 million and 140 million years ago • temperature rises with depth (radioactivity, Kelvin’s mistake) • oil is generated in rocks heated to 60-120 deg Celsius • rocks at this temp. occur at different depths in different places (N.B.: water depth doesn't count) • oil is ‘cracked’ to natural gas at higher temps (deeper) • abiotic oil from “crystalline basement” is negligible, if it exists • exhausted oil fields do not refill Recoverable Oil • oil must collect in a “trap” to be practically recoverable • a trap is a permeable layer capped by an impermeable one • obvious traps: anticlines, domes (“oil in those hills”) • less obvious traps found by seismic imaging: turned up edges of salt domes, near buried meteorite crater (Mexico) • harder-to-get-at traps: shallow continental shelf (GOM) • even-harder-to-get-at traps: edge continental slope (Macondo, resevoir pressure: 12,000 pounds [6 tons] per sq inch) • essentially no oil in basaltic ocean floor or granitic basement (Used to be!) Second Largest Oilfield Cantarell used to supply 2% of world oil (water) Guzman, A.E. -
Transition Northfield
We live in interesting times. Useful Resources Peak Oil: How much oil is left? Ex- Books perts say that half of our nonrenew- The Transition Handbook by Rob Hop- able resource across the globe is gone. kins That which is left will be difficult to The Party’s Over by Richard Heinberg harvest and refine, causing costs to Heat by George Monbiot inevitably sky-rocket. What are our The Last Oil Shock by David Strahan choices for renewable energy? How Permaculture by David Holmgren TRANSITION will we choose to use the oil that is left? Movies The Power of Community Northfield Global climate change: Might we choose The End of Suburbia to be proactive instead of reactive What a Way To Go to the changing climate? By chang- An Inconvenient Truth ing our oil-based habits we can live In Transition a better balanced and healthier life, Bringing the heads, hearts, and hands of our community together in the transition that gives back to our earth instead of Websites depleting it of its resources, causing to life beyond oil. www.transitionus.org damage to our earth and ourselves. www.transitiontowns.org www.energybulletin.net Global economic uncertainty: Can call us www.realclimate.org to a place of ingenuity and creativity www.transitionculture.org to challenge our current definition of growth. Recreating a place of self- “It is necessary to urgently design and im- sufficiency and sustainability involves plement low-carbon, resilient ways of living developing local resilience and build- — climate changes makes this imperative, ing a communitywide Energy De- peak oil makes it inevitable, and transition scent Action Plan. -
A Comparative History of Oil and Gas Markets and Prices: Is 2020 Just an Extreme Cyclical Event Or an Acceleration of the Energy Transition?
April 2020 A Comparative History of Oil and Gas Markets and Prices: is 2020 just an extreme cyclical event or an acceleration of the energy transition? Introduction Natural gas markets have gone through an unprecedented transformation. Demand growth for this relatively clean, plentiful, versatile and now relatively cheap fuel has been increasing faster than for other fossil fuels.1 Historically a `poor relation’ of oil, gas is now taking centre stage. New markets, pricing mechanisms and benchmarks are being developed, and it is only natural to be curious about the direction these developments are taking. The oil industry has had a particularly rich and well recorded history, making it potentially useful for comparison. However, oil and gas are very different fuels and compete in different markets. Their paths of evolution will very much depend on what happens in the markets for energy sources with which they compete. Their history is rich with dominant companies, government intervention and cycles of boom and bust. A common denominator of virtually all energy industries is a tendency towards natural monopoly because they have characteristics that make such monopolies common. 2 Energy projects tend to require multibillion – often tens of billions of - investments with long gestation periods, with assets that can only be used for very specific purposes and usually, for very long-time periods. Natural monopolies are generally resolved either by new entrants breaking their integrated market structures or by government regulation. Historically, both have occurred in oil and gas markets.3 As we shall show, new entrants into the oil market in the 1960s led to increased supply at lower prices, and higher royalties, resulting in the collapse of control by the major oil companies. -
Intro Pages.Indd
Strategic Petroleum Reserves for Canada by GordonParkland LaxerInstitute, / UniversityParkland of InstituteAlberta • Octoberand Polaris 2007 Institute Strategic Petroleum Reserves for Canada Strategic Petroleum Reserves for Canada This report was published by Gordon Laxer, Parkland Institute and Polaris Institute January 2008. © All rights reserved. Contents Context: Parkland Institute and Polaris Institute: Canadian Energy Policy Research iii Executive Summary 1 Introduction 4 Canada at Risk 5 Why Strategic Petroleum Reserves? 7 Origins 7 Reasons for Establishing SPRs 8 The U.S. SPR 8 The American SPR - not a solution for Canada 9 International Disruptions: Frequency and Intensity 10 History 12 Oil as a Political Weapon 14 Re-nationalizations and Supply 16 Return of Long-term Contracts 17 Protective Value of SPRs 19 Every Country but Canada 20 Urgent Need for Canadian SPRs 22 OPEC countries dominate Canadian imports 22 Location, Size and Function of Canadian SPRs 23 Size 23 Siting the SPRs 25 Uses of Canadian SPRs 26 Conclusion 27 To obtain additional copies of the report or rights to copy it, please contact: Parkland Institute, University of Alberta 11045 Saskatchewan Drive Edmonton, Alberta T6G 2E1 Phone: (780) 492-8558 Fax: (780) 492-8738 Web site: www.ualberta.ca/parkland E-mail: [email protected] ISBN ???? 3i Parkland Institute • January 2008 Acknowledgements It was a great pleasure to write this report and get almost instant feedback on the first draft from a very knowledgeable and committed “epistemic community” of intellectual activists. Together, we are creating a new paradigm for moving Canada toward energy independence and conservation. The quality of this report was greatly enhanced by the detailed suggestions and analysis of Kjel Oslund, Erin Weir, and John Dillon. -
Spiritually Responsible Investing: Integrating Spiritual Wisdom Into the Everyday Circumstances of Community Life
Spiritually Responsible Investing: integrating spiritual wisdom into the everyday circumstances of community life. By Stefan Pasti, Founder and Outreach Coordinator The Interfaith Peacebuilding and Community Revitalization (IPCR) Initiative (Marcy-April, 2007) [Note: This paper which was presented (in absentia—by a graduate student there) at the “Faith, Spirituality, and Social Change” (FSSC) Conference held at the University of Winchester, Winchester, United Kindgom, April 14-15, 2007] Contact Information: Stefan Pasti, Founder and Outreach Coordinator The Interfaith Peacebuilding and Community Revitalization (IPCR) Initiative P.O. Box 163 Leesburg, VA 20178 (USA) [email protected] (703) 209-2093 www.ipcri.net Spiritually Responsible Investing: integrating spiritual wisdom into the everyday circumstances of community life. (Introduction) To begin this discussion of Spiritually Responsible Investing, I would like to offer three propositions, and one definition. The first proposition is: There are countless numbers of “things people can do in the everyday circumstances of their lives” which will contribute to peacebuilding, community revitalization, and ecological sustainability efforts, in their own communities and regions—and in other parts of the world. The second proposition is: The ways we “invest” our time, energy, and money have a direct impact on the “ways of earning a living” that are available. The third proposition is: The most advanced societies are the ones which are successful at integrating spiritual wisdom into the -
Networking in the Long Emergency
Networking in the Long Emergency Barath Raghavan and Justin Ma ICSI and UC Berkeley ABSTRACT scale that is unprecedented in human history. However, network- We explore responses to a scenario in which the severity of a per- ing is the product of an energy-intensive economy and industrial manent energy crisis fundamentally limits our ability to maintain system, and if that economic system faces a sudden and perma- the current-day Internet architecture. In this paper, we review why nent energy shock, then networking must change to adapt. If we this scenario—whose vague outline is known to many but whose wish to preserve the benefits of the Internet, then a crucial oppor- consequences are generally understood only by the scientists who tunity emerges for networking researchers to reevaluate the overall study it—is likely, and articulate the specific impacts that it would research agenda to address the needs of an energy-deprived society. have on network infrastructure and networking research. In light Due to the near-term depletion of oil this scenario is not hypotheti- of this, we propose a concrete research agenda to address the net- cal; it marks the beginning of an era of contraction. working needs of an energy-deprived society. Oil is the foundation of our industrial system—its energy en- ables the creation and transportation of goods and services that were unimaginable a century ago. Unfortunately, we face world- Categories and Subject Descriptors wide oil depletion—an era when oil production declines. Although C.2.1 [Computer-Communication Networks]: Network Archi- it is unknown precisely when this era will begin, recent studies sug- tecture and Design gest it will be underway soon, as we survey later. -
The Impact of the Decline in Oil Prices on the Economics, Politics and Oil Industry of Venezuela
THE IMPACT OF THE DECLINE IN OIL PRICES ON THE ECONOMICS, POLITICS AND OIL INDUSTRY OF VENEZUELA By Francisco Monaldi SEPTEMBER 2015 B | CHAPTER NAME ABOUT THE CENTER ON GLOBAL ENERGY POLICY The Center on Global Energy Policy provides independent, balanced, data-driven analysis to help policymakers navigate the complex world of energy. We approach energy as an economic, security, and environmental concern. And we draw on the resources of a world-class institution, faculty with real-world experience, and a location in the world’s finance and media capital. Visit us atenergypolicy. columbia.edu facebook.com/ColumbiaUEnergy twitter.com/ColumbiaUEnergy ABOUT THE SCHOOL OF INTERNATIONAL AND PUBLIC AFFAIRS SIPA’s mission is to empower people to serve the global public interest. Our goal is to foster economic growth, sustainable development, social progress, and democratic governance by educating public policy professionals, producing policy-related research, and conveying the results to the world. Based in New York City, with a student body that is 50 percent international and educational partners in cities around the world, SIPA is the most global of public policy schools. For more information, please visit www.sipa.columbia.edu THE IMPACT OF THE DECLINE IN OIL PRICES ON THE ECONOMICS, POLITICS AND OIL INDUSTRY OF VENEZUELA By Francisco Monaldi* SEPTEMBER 2015 *Francisco Monaldi is Baker Institute Fellow in Latin American Energy Policy and Adjunct Professor of Energy Economics at Rice University, Belfer Center Associate in Geopolitics of Energy at the Harvard Kennedy School, Professor at the Instituto de Estudios Superiores de Administracion (IESA) in Caracas, Venezuela, and Founding Director of IESA’s Center on Energy and the Environment. -
The Current Peak Oil Crisis
PEAK ENERGY, CLIMATE CHANGE, AND THE COLLAPSE OF GLOBAL CIVILIZATION _______________________________________________________ The Current Peak Oil Crisis TARIEL MÓRRÍGAN PEAK E NERGY, C LIMATE C HANGE, AND THE COLLAPSE OF G LOBAL C IVILIZATION The Current Peak Oil Crisis TARIEL MÓRRÍGAN Global Climate Change, Human Security & Democracy Orfalea Center for Global & International Studies University of California, Santa Barbara www.global.ucsb.edu/climateproject ~ October 2010 Contact the author and editor of this publication at the following address: Tariel Mórrígan Global Climate Change, Human Security & Democracy Orfalea Center for Global & International Studies Department of Global & International Studies University of California, Santa Barbara Social Sciences & Media Studies Building, Room 2006 Mail Code 7068 Santa Barbara, CA 93106-7065 USA http://www.global.ucsb.edu/climateproject/ Suggested Citation: Mórrígan, Tariel (2010). Peak Energy, Climate Change, and the Collapse of Global Civilization: The Current Peak Oil Crisis . Global Climate Change, Human Security & Democracy, Orfalea Center for Global & International Studies, University of California, Santa Barbara. Tariel Mórrígan, October 2010 version 1.3 This publication is protected under the Creative Commons (CC) "Attribution-NonCommercial-ShareAlike 3.0 Unported" copyright. People are free to share (i.e, to copy, distribute and transmit this work) and to build upon and adapt this work – under the following conditions of attribution, non-commercial use, and share alike: Attribution (BY) : You must attribute the work in the manner specified by the author or licensor (but not in any way that suggests that they endorse you or your use of the work). Non-Commercial (NC) : You may not use this work for commercial purposes. -
Chapter 8 “The Elephant in the Room?” Peak Oil on the Security Agenda
New Issues in Security #5 CRITICAL ENVIRONMENTAL SECURITY: RETHINKING THE LINKS BETWEEN NATURAL RESOURCES AND POLITICAL VIOLENCE Edited by Matthew A. Schnurr and Larry A. Swatuk Centre for Foreign Policy Studies Dalhousie University 2010 CHAPTER 8 “THE ELEPHANT IN THE ROOM?” PEAK OIL ON THE SECURITY AGENDA Shane Mulligan Can I tell you the truth? I mean this isn’t like TV news, is it? Here’s what I think the truth is: We are all addicts of fossil fuels in a state of denial, about to face cold turkey.1 Introduction Peak oil is an awkward topic to broach. While there is strong evidence that world oil production levels are near their maximum, and while a growing chorus warns of the challenges and threats this poses to economic growth and political stability, there is virtually no public policy discourse directed to the issue, and only a handful of academics seem prepared to investigate the phenomenon and its implications for economies, societies and state (as well as human) security. It is as if there is a tacit agreement to avoid the topic, an agreement in which we are all, to some extent, participat- ing, through our avoidance of this ‘elephant in the room.’ The evidence for peak oil is often received with reticence, or even hostility toward the speaker. Indeed, breaching the silence of an open secret – “something of which everyone is aware yet no one is willing to publicly acknowledge” – is akin to “breach[ing] some implicit social contract, and groups indeed treat those who violate their norms of attention and discourse just as they do any other social deviants who defy their authority and dis- regard their rules.”2 This paper aims to go further, however, to talk about the very fact that we don’t want to discuss it, even though “the very act of avoiding the elephant is itself an elephant!”3 The latter, too, is something we don’t generally talk about. -
Peak Oil: the Future of Oil and How to Prepare for It Norbert Steinbock Regis University
Regis University ePublications at Regis University All Regis University Theses Spring 2009 Peak Oil: the Future of Oil and How to Prepare for It Norbert Steinbock Regis University Follow this and additional works at: https://epublications.regis.edu/theses Recommended Citation Steinbock, Norbert, "Peak Oil: the Future of Oil and How to Prepare for It" (2009). All Regis University Theses. 552. https://epublications.regis.edu/theses/552 This Thesis - Open Access is brought to you for free and open access by ePublications at Regis University. It has been accepted for inclusion in All Regis University Theses by an authorized administrator of ePublications at Regis University. For more information, please contact [email protected]. Regis University Regis College Honors Theses Disclaimer Use of the materials available in the Regis University Thesis Collection (“Collection”) is limited and restricted to those users who agree to comply with the following terms of use. Regis University reserves the right to deny access to the Collection to any person who violates these terms of use or who seeks to or does alter, avoid or supersede the functional conditions, restrictions and limitations of the Collection. The site may be used only for lawful purposes. The user is solely responsible for knowing and adhering to any and all applicable laws, rules, and regulations relating or pertaining to use of the Collection. All content in this Collection is owned by and subject to the exclusive control of Regis University and the authors of the materials. It is available only for research purposes and may not be used in violation of copyright laws or for unlawful purposes. -
Research Article a Prediction on Nigeria's Oil Depletion Based on Hubbert's Model and the Need for Renewable Energy
International Scholarly Research Network ISRN Renewable Energy Volume 2011, Article ID 285649, 6 pages doi:10.5402/2011/285649 Research Article A Prediction on Nigeria’s Oil Depletion Based on Hubbert’s Model and the Need for Renewable Energy Udochukwu B. Akuru1 and Ogbonnaya I. Okoro2 1 Department of Electrical Engineering, University of Nigeria, Nsukka 410001, Enugu State, Nigeria 2 Department of Electrical and Electronic Engineering, College of Engineering and Engineering Technology, Michael Okpara University of Agriculture, Umudike, P.M.B. 7267, Umuahia, Abia State, Nigeria Correspondence should be addressed to Udochukwu B. Akuru, [email protected] Received 26 June 2011; Accepted 14 July 2011 Academic Editors: R. M. Barragan and B. Chen Copyright © 2011 U. B. Akuru and O. I. Okoro. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited. The paper examined Nigeria’s oil sector in order to get a time point of total depletion. Data for production rate, P, was sourced from 1958–2008 for the study. This research employed Hubbert’s Model that based the peaking of oil reserves on the simulation of a bell-shaped curve that rises rapidly to a peak and declines just as quickly. MATLAB tool was employed in the analysis of data. Findings include that there is an imminent decline in Nigeria’s oil reserve since peaking could have occurred or just about to occur; this is shown to be in agreement with previous studies, and an account of how oil depletion will affect domestic use of energy is also highlighted. -
Urban Aquaculture
Urban Aquaculture Water-sensitive transformation of cityscapes via blue-green infrastructures vorgelegt von Dipl.-Ing. Grit Bürgow geb. in Berlin von der Fakultät VI Planen Bauen Umwelt der Technischen Universität Berlin zur Erlangung des akademischen Grades Doktor der Ingenieurwissenschaften - Dr.-Ing. - genehmigte Dissertation Promotionsausschuss: Vorsitzende: Prof. Undine Gisecke Gutachter: Prof. Dr.-Ing. Stefan Heiland Gutachterin: Prof. Dr.-Ing. Angela Million (Uttke) Gutachterin: Prof. Dr. Ranka Junge Tag der wissenschaftlichen Aussprache: 25. November 2013 Berlin 2014 Schriftenreihe der Reiner Lemoine-Stiftung Grit Bürgow Urban Aquaculture Water-sensitive transformation of cityscapes via blue-green infrastructures D 83 (Diss. TU Berlin) Shaker Verlag Aachen 2014 Bibliographic information published by the Deutsche Nationalbibliothek The Deutsche Nationalbibliothek lists this publication in the Deutsche Nationalbibliografie; detailed bibliographic data are available in the Internet at http://dnb.d-nb.de. Zugl.: Berlin, Techn. Univ., Diss., 2013 Titelfoto: (c) Rayko Huß Copyright Shaker Verlag 2014 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the publishers. Printed in Germany. ISBN 978-3-8440-3262-8 ISSN 2193-7575 Shaker Verlag GmbH • P.O. BOX 101818 • D-52018 Aachen Phone: 0049/2407/9596-0 • Telefax: 0049/2407/9596-9 Internet: www.shaker.de