November 7th, 2009
Hubbert Peak v. Actual Peak at IfEnergy
The Hubbert peak theory, also known as "peak oil", analyzes the long-term supply of conventional petroleum and other fossil fuel extraction and depletion. This theory was developed by Marion Hubbert, a geophysicist who worked with Shell Research. The oil curve (source) shows oil production over time accounting for new discoveries and new development of those discoveries. According to this curve we are near peak production, but recent efforts in countries such [...] Read More
Peak Oil what do the search engines say? at IfEnergy
More curios about peak oil and oil dependency as well as our economic future, I decided to figure out the answer to the question, "when will oil run out?" My approach is based on the fact that rarely do I venture far from the first page of one of the top search engines when looking for information and thinking there might be some general validity to this, I took a [...] Read More
American Oil Dependency at IfEnergy
Dependency on oil is not just a potential American problem it's a potential global problem. Oil dependant economies are predicated on a cheap, abundant source of oil. Oil may be controlled by major companies who have political ties at the highest levels but the current supply crunch may be less based on politics and more based on the fact that oil supply is limited and demand is ever growing especially [...] Read More
logiENERGY launches Peak Oil Fund at The Hedge Funds Weblog
Hedge fund investor, logi ENERGY LLC., has announced the formation of The Peak Oil Value Fund. Launched September 8, the new hedge fund is the first of its kind aimed at institutional and accredited investors. "We believe that the effects of Peak Oil on the markets are a temporary Global Macro series of events" Larry Ortega CIO of the Peak Oil Value Fund said, "We only have a few years to [...] Read More
Peak oil and lifestyles at Sox First
Peak oil is back and it will unleash seismic change. As The Wall Street Journal reports, global production of petroleum peaked in the first quarter of last year which means oil prices will soon be back up in the triple digits. And when that happens, it's likely to squash any hope of recovery. Goldman Sachs is already predicting a big rise in heating oil prices.Analyst Jeff Rubin warns that peak [...] Read More