Future oil supplies, peak oil, oil from shale, EROEI, oil prices etc

Date added: 9 July, 2012

There is a lot of discussion in parts of the media about the existence of peak oil, whether oil from fracking shale will delay the peak for long, whether non-conventional forms of oil can keep a modern industrial society going for decades, and what changes are likely to oil prices in coming decades. In practice, there is a lot of conjecture, with different points of view and no future certainty. But it is worth looking at various articles on the subject. Here are a few that may be of interest – a very incomplete list though.

Articles, in no particular order:

The Guardian Is Ignoring The Critical Paradox Of Peak Oil

by Nicole Foss, The Automatic Earth | Jul. 9, 2012,

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We were wrong on peak oil. There’s enough to fry us all

A boom in oil production has made a mockery of our predictions. Good news for capitalists – but a disaster for humanity

by George Monbiot 2.7.2012

http://www.guardian.co.uk/commentisfree/2012/jul/02/peak-oil-we-we-wrong?intcmp=122
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Oil: The Next Revolution
THE UNPRECEDENTED UPSURGE OF OIL PRODUCTION
CAPACITY AND WHAT IT MEANS FOR THE WORLD

by Leonardo Maugeri

http://belfercenter.ksg.harvard.edu/files/Oil-%20The%20Next%20Revolution.pdf

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Crude Oil Production from Shale Formations Jumps in 2011

Posted March 29th 2012 (IER)

http://www.instituteforenergyresearch.org/2012/03/29/crude-oil-production-from-shale-formations-jumps-in-2011/

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Rise in US oil supplies haunts Opec talks

FT article which highlights the wider financial implications of the expansion of USA oil production

14.6.2012

http://www.ft.com/cms/s/0/860ff5a0-b56d-11e1-ab92-00144feabdc0.html#axzz1zr68feGx

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Monbiot says he was wrong on peak oil but the crisis is undeniable

Many within the fossil fuel industry are sounding alarms. Society ignores such warnings – and listens to potential bubble-backers like Monbiot – at its peril

4.7.2012 By Jeremy Leggett

http://www.guardian.co.uk/environment/blog/2012/jul/04/monbiot-wrong-peak-oil

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