MedWorm provides a medical RSS filtering service. Over 6000 RSS medical sources are combined and output via different filters. This feed contains the latest medical blog items that have been tagged with 'fossil fuels'. Sat, 03 Sep 2011 02:31:05 +0100 http://www.medworm.com/index.php?rid=5158890&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F008254.html The US Geological Survey has cut its estimate of technically recoverable natural gas from the big Marcellus Shale by about 79.5%. You just got more energy poor. Get a more insulated water heater next time you need a new one. The shale formation has about 84 trillion cubic feet of undiscovered, technically recoverable natural gas, according to the report from the United States Geological Survey. This is drastically lower than the 410 trillion cubic feet that was published earlier this year by the federal Energy Information Administration. These are technically recoverable estimates. Economically recoverable reserves will be some amount less than these numbers and to get anywhere near the full technically recoverable number above might require substantially higher costs. How... (Source: Futu... FuturePundit blogs http://www.medworm.com/rss/comments.php?id=5158890 Wed, 24 Aug 2011 23:00:00 +0100 5158890 http://www.medworm.com/index.php?rid=4975800&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F008157.html The New York Times has gotten hold of internal documents of the US Department of Energy's Energy Information Administration where several EIA officials are found voicing their skepticism about the long term prospects for extracting large amounts of natural gas from fracturing shale rock. The term "irrational exuberance" gets used. In scores of internal e-mails and documents, officials within the Energy Information Administration, or E.I.A., voice skepticism about the shale gas industry. One official says the shale industry may be “ set up for failure.” “It is quite likely that many of these companies will go bankrupt,” a senior adviser to the Energy Information Administration administrator predicts. Several officials echo concerns raised during previous bubbles, in housing and in ... FuturePundit blogs http://www.medworm.com/rss/comments.php?id=4975800 Mon, 27 Jun 2011 23:00:00 +0100 4975800 http://www.medworm.com/index.php?rid=4911427&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F008123.html A post by Big Gav at The Oil Drum reports on a decision by Shell to spend $12.6 billion to build a ship that will float above an Australian offshore natural gas field and liquify natural gas for shipment. The field is too far from the coast to have pipelines built to bring the natural gas onshore. My take: This ship illustrates the massive amounts of capital and engineering talent available to extract fossil fuels (about $490 billion total capital spending by oil companies in 2011). Offshore floating LNG production ships seem to be unrivaled in costs for a single energy extraction device. Even a nuclear power plant won't cost that much (caveat: nuclear power cost estimates cover a wide... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=4911427 Sun, 05 Jun 2011 23:00:00 +0100 4911427 http://www.medworm.com/index.php?rid=4482725&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F007909.html A new energy report from Shell sees increased economic volatility due to high oil costs and rising demand. (thanks Lou Pagnucco) We believe that the world is entering an era of volatile transitions and intensified economic cycles. The recession interrupted the oil and commodity price boom but it may return. Emerging nations like China and India are going through materially intensive development and a tighter market will continue to put pressure on prices and generate volatility. Improvements in policy-making and strong gains in productivity have helped economies to grow without inflation in the last two decades. We do not believe the moderating effect of this combination of good policies, good practices, and good luck will continue into the future. Supply... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=4482725 Wed, 16 Feb 2011 00:00:00 +0100 4482725 http://www.medworm.com/index.php?rid=4455236&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F007890.html The US government secretly takes seriously former Saudi Aramco exploration chief Sadad al-Husseini's belief that Saudi Arabia has far less oil than its official claimed reserves. Saudi Arabia's oil production might already be past peak. The US fears that Saudi Arabia, the world's largest crude oil exporter, may not have enough reserves to prevent oil prices escalating, confidential cables from its embassy in Riyadh show. The cables, released by WikiLeaks, urge Washington to take seriously a warning from a senior Saudi government oil executive that the kingdom's crude oil reserves may have been overstated by as much as 300bn barrels – nearly 40%. The cable even betrays a thorough understanding of why peak oil exports precedes peak oil production. The... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=4455236 Wed, 09 Feb 2011 00:00:00 +0100 4455236 http://www.medworm.com/index.php?rid=4419112&cid=t_141311_87_f&fid=36438&url=http%3A%2F%2Ffeedproxy.google.com%2F%7Er%2FCato-at-liberty%2F%7E3%2F8PbpRgs3Pk8%2F By Tad DeHavenFreshman Sen. Rand Paul (R-KY) has raised the bar in Washington by releasing a bill that would make substantial, specific, and immediate cuts in federal spending. While policymakers on both sides of the aisle have largely paid lip service to stopping Washington’s record run of fiscal profligacy, Paul’s proposal makes good on his campaign promise to seriously tackle the federal government’s bloated budget. Paul’s bill would target $500 billion in cuts for fiscal 2011 alone. While audacious by Washington standards, cutting federal spending by that amount would still leave us with a projected $1 trillion deficit this year. Nonetheless, the federal government’s scope would be dramatically curtailed, which would pay dividends in coming years as the economy is unshackled ... Cato-at-liberty blogs http://www.medworm.com/rss/comments.php?id=4419112 Mon, 31 Jan 2011 18:49:44 +0100 4419112 http://www.medworm.com/index.php?rid=4175657&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F007652.html The Wall Street Journal reports that the Chinese government might place a limit on coal mining in order to make Chinese domestic coal reserves last longer. State-run media reported that Beijing is considering capping domestic coal output in the 2011-2015 period, partly because officials worry miners are running down reserves too quickly to meet the needs of a rapidly expanding economy. "China accounts for around 14% of global coal reserves but its share of global coal consumption is already over triple that at 47%, which is unsustainable," Hong Kong-based brokerage CLSA Asia-Pacific Markets said in a report last month. Their main worry on coal consumption is not global warming. They want their reserves to last longer and would rather import... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=4175657 Tue, 16 Nov 2010 00:00:00 +0100 4175657 http://www.medworm.com/index.php?rid=3753782&cid=t_141311_87_f&fid=36050&url=http%3A%2F%2Fblisstree.com%2Flive%2Fj-r-ewing-is-back-selling-green-energy-not-oil%2F If you were a fan of Dallas back in the day (and who wasn’t?), you know that J.R. Ewing as a big-wig oil tycoon who only associated the color green with money – and got shot. But now, J.R.’s back, singing the praises of green living through solar energy in a commercial for SolarWorld. Check out the commercial here, and an interview with Larry Hagman (the man behind J.R.), at his real-life solar powered mansion, below. Perhaps next, Homer Simpson will convince Mr. Burns to convert the nuclear power plant into a wind farm. via The New York Times Post from: BlissTree J.R. Ewing Is Back: Selling Green Energy, Not Oil (Source: Breastfeeding 1-2-3) Breastfeeding 1-2-3 blogs http://www.medworm.com/rss/comments.php?id=3753782 Wed, 14 Jul 2010 18:34:47 +0100 3753782 http://www.medworm.com/index.php?rid=3746711&cid=t_141311_87_f&fid=36050&url=http%3A%2F%2Fblisstree.com%2Flive%2Fbp-ify-your-computer-screen-instant-oil-spill%2F If you need something to occupy yourself today while BP is trying to put a new cap on the leaking oil well in the Gulf, we’ve got just the thing. It’s called Instant Oil Spill, and it’s an interactive site that brings the murky toxins of the oil spill right to your computer screen. The site is brought to you by A Cleaner Future, a nonprofit that focuses on creating awareness about alternative and cleaner energy sources. We thought that adding a little oil spill to the BP website would be cathartic, and, while it was sort of fun in an ironic way to see the black goop fill their homepage, it just wasn’t all that satisfying. via The Huffington Post Post from: BlissTree BP-ify Your Computer Screen: Instant Oil Spill (Source: Breastfeeding 1-2-3) Breastfeeding 1-2-3 blogs http://www.medworm.com/rss/comments.php?id=3746711 Mon, 12 Jul 2010 18:19:31 +0100 3746711 http://www.medworm.com/index.php?rid=3718366&cid=t_141311_87_f&fid=36050&url=http%3A%2F%2Fblisstree.com%2Flive%2Famericas-energy-sacrifices-a-cartoon-that-makes-us-sad%2F There’s really not much else we can add – this cartoon says it all. If only we could just laugh off this comic strip. via Reddit Post from: BlissTree America's Energy Sacrifices: A Cartoon That Makes Us Sad (Source: Breastfeeding 1-2-3) Breastfeeding 1-2-3 blogs http://www.medworm.com/rss/comments.php?id=3718366 Thu, 01 Jul 2010 22:00:12 +0100 3718366 http://www.medworm.com/index.php?rid=3635710&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F007229.html What does Peak Oil look like? The world's so desperate for oil that a big oil spill in the Gulf of Mexico makes the oil in the Alberta tar sands look like an environmentally superior choice. "In North America there are really only two places where you can see meaningful supply growth, one being in the deepwater Gulf of Mexico, and the other being the oil sands," said Mark Frieson, an energy analyst with Versant Partners Inc. in Calgary. "We know what's happening with [the Gulf], and I think that has some potential positive implications for the oil-sands industry here in Alberta. For example, BP is going to develop an Alberta oil sands (really tar sands) project that has 10... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=3635710 Sat, 05 Jun 2010 23:00:00 +0100 3635710 http://www.medworm.com/index.php?rid=3567882&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F007179.html Wondering about what sorts of people think Peak Oil is a real problem? Watch this video. Then watch this video. Check out more videos at aspo.tv (Association for the Study of Peak Oil & Gas). Also, listen to this interview with retired petroleum geologist Colin Campbell. Also, read former ConocoPhillips engineer Robert Rapier on the latest US Energy Information Administration Annual Energy Outlook for 2010. The EIA took away the scary unidentified projects graph from last year. People in the International Energy Agency want to tell you about Peak Oil but the Obama Administration silenced them.... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=3567882 Fri, 14 May 2010 23:00:00 +0100 3567882 http://www.medworm.com/index.php?rid=3552198&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F007162.html Wiriting in the Wall Street Journal Amy Myers Jaffe of the James A. Baker III Institute for Public Policy at Rice University says technological advances that ease the extract of the huge quantities of natural gas in shale rock are a game changer that will make natural gas cheap and plentiful for decades to come. Over the past decade, a wave of drilling around the world has uncovered giant supplies of natural gas in shale rock. By some estimates, there's 1,000 trillion cubic feet recoverable in North America alone—enough to supply the nation's natural-gas needs for the next 45 years. Europe may have nearly 200 trillion cubic feet of its own. We've always known the potential of shale; we just... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=3552198 Mon, 10 May 2010 23:00:00 +0100 3552198 http://www.medworm.com/index.php?rid=3519440&cid=t_141311_87_f&fid=36438&url=http%3A%2F%2Ffeedproxy.google.com%2F%7Er%2FCato-at-liberty%2F%7E3%2FpTnhFrfoYjA%2F By Indur GoklanyWhy does the Neo-Malthusians’ dystopian worldview — that human and environmental well-being will suffer with increases in population, affluence and technological change — fail the reality check? Why has human well-being improved in the Age of Industrialization despite order-of-magnitude increases in the consumption of materials, fossil fuel energy and chemicals? I offer some reasons in the last of a series of posts (1, 2, 3, 4) at MasterResource. I note that although population, affluence and technology can create some problems for humanity and the planet, they are also the agents for solving those problems. In particular, human capital and greater affluence have helped the development and adoption of new and improved technologies, which empirical data show have redu... Cato-at-liberty blogs http://www.medworm.com/rss/comments.php?id=3519440 Fri, 30 Apr 2010 15:19:36 +0100 3519440 http://www.medworm.com/index.php?rid=3460130&cid=t_141311_87_f&fid=34872&url=http%3A%2F%2Fblisstree.com%2Ffeel%2Fpoll-of-the-day-should-our-country-quit-coal%2F Last week in Montcoal, West Virginia, an explosion inside a Massey Energy Company coal mine killed 29 men. Just four short years ago, 12 miners died inside West Virginia’s Sago coal mine. Nationwide, the powerful coal mining industry provides consistent jobs to many people in low-income areas. But at what cost? Just a few dozen human lives every couple of years. Should the U.S. continue its dependency on this dirty fossil fuel, even if it means risking the lives of many of its workers on a daily basis? Or should our nation phase out coal mining in favor of cleaner and safer alternative methods of energy production that could potentially spare the environment – not to mention lives? Take our poll below. #MicroPollDiv_247083 { width: 250px; margin: 0px auto; } via The New York Time... Healthbolt blogs http://www.medworm.com/rss/comments.php?id=3460130 Sun, 11 Apr 2010 18:52:54 +0100 3460130 http://www.medworm.com/index.php?rid=3448841&cid=t_141311_87_f&fid=36438&url=http%3A%2F%2Ffeedproxy.google.com%2F%7Er%2FCato-at-liberty%2F%7E3%2FcXWA7doTgeo%2F By Jerry TaylorLast week I was on John Stossel’s (most excellent) new show on Fox Business News to discuss energy policy — in particular, popular myths that Republicans have about energy markets.  One of the topics I touched upon was nuclear power.  My argument was the same that I have offered in print: Nuclear power is a swell technology but, given the high construction costs associated with building nuclear reactors, it’s a technology that cannot compete in free markets without a massive amount of government support.  If one believes in free markets, then one should look askance at such policies.  As expected, the atomic cult has taken offense.  Now, it is reasonable to argue that excessive regulatory oversight has driven up the cost of nuclear power and that a “better�... Cato-at-liberty blogs http://www.medworm.com/rss/comments.php?id=3448841 Thu, 08 Apr 2010 00:36:48 +0100 3448841 http://www.medworm.com/index.php?rid=3366166&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F007017.html Gail the Actuary points to an interesting claim about deep offshore oil drilling potential. Gary P. Luquette, President of Chevron North America Exploration and Production Co., argues that Outer Continental Shelf (OCS) oil drilling could add a substantial amount to our oil supplies. The good news: the OCS has significant potential. Over time, it could add 1 million more barrels of oil and natural gas equivalent a day--potentially representing a fifth of the current total U.S. oil production. Advances in technology could increase that amount dramatically. Some people believe that if the United States just opens up currently closed off areas for drilling oil then there'd be so much the US wouldn't need to import any oil and oil would... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=3366166 Sun, 14 Mar 2010 00:00:00 +0100 3366166 http://www.medworm.com/index.php?rid=3354275&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F007003.html Researchers at Kuwait University predict world conventional oil production will peak in 2014. In a finding that may speed efforts to conserve oil and intensify the search for alternative fuel sources, scientists in Kuwait predict that world conventional crude oil production will peak in 2014 — almost a decade earlier than some other predictions. Their study is in ACS' Energy & Fuels, a bi-monthly journal. Ibrahim Nashawi and colleagues point out that rapid growth in global oil consumption has sparked a growing interest in predicting "peak oil" — the point where oil production reaches a maximum and then declines. Scientists have developed several models to forecast this point, and some put the date at 2020 or later. One of the... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=3354275 Wed, 10 Mar 2010 00:00:00 +0100 3354275 http://www.medworm.com/index.php?rid=3254426&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F006931.html Virgin Group boss and billionaire Richard Branson joins the Peak Oil crowd. "The next five years will see us face another crunch – the oil crunch. This time, we do have the chance to prepare. The challenge is to use that time well," Branson will say. "Our message to government and businesses is clear: act," he says in a foreword to a new report on the crisis. "Don't let the oil crunch catch us out in the way that the credit crunch did." One wonders what Branson thinks this means for Virgin Air. Is he still buying airplanes? What's he planning to fuel them with? Other notable British CEOs join Branson in citing the looming threat. Other British executives who... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=3254426 Mon, 08 Feb 2010 00:00:00 +0100 3254426 http://www.medworm.com/index.php?rid=3137485&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F006832.html Writing in a comment on a post at The Oil Drum Gregor Macdonald very succinctly sums up an energy future where China, India, and other rapidly developing countries gradually displace OECD countries as oil purchasers. High oil prices are more painful to the OECD/Developed world user than the Developing world user. In the Developing world coal accounts for the largest chunk of BTU consumption, and the marginal utility to the new user of oil is high. In other words, the OECD user is embedded in a system where the historical consumption pattern has been to use much more oil per capita. But in the developing world, just a small amount of oil to the new user of oil is transformational.... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=3137485 Sun, 03 Jan 2010 00:00:00 +0100 3137485 http://www.medworm.com/index.php?rid=2894471&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F006632.html In recent years the development of technology for extracting natural gas from shale has boosted natural gas production from the Haynesville, Fayetteville, and Barnett shales. While Peak Oil still looks... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=2894471 Tue, 13 Oct 2009 23:00:00 +0100 2894471 http://www.medworm.com/index.php?rid=2814385&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F006550.html An article about the potential for oil discovery in the Arctic gives a sense of how much oil is left to be discovered. The other man who knows interesting things... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=2814385 Sat, 19 Sep 2009 23:00:00 +0100 2814385 http://www.medworm.com/index.php?rid=2657586&cid=t_141311_87_f&fid=36438&url=http%3A%2F%2Ffeedproxy.google.com%2F%7Er%2FCato-at-liberty%2F%7E3%2F4Pc9P-lMicE%2F Conor Clarke at The Atlantic blog, raised several issues with my study, “What to Do About Climate Change,” which Cato published last year. One of Conor Clarke’s comments was that my analysis did not extend beyond the 21st century. He found this problematic because, as Conor put it, climate change would extend beyond 2100, and even if GDP is higher in 2100 with unfettered global warming than without, it’s not obvious that this GDP would continue to be higher “in the year 2200 or 2300 or 3758”. I addressed this portion of his argument in Part I of my response. Here I will address the second part of this argument, that “the possibility of ‘catastrophic’ climate change events — those with low probability but extremely high cost — becomes real after 2100.” The examples o... Cato-at-liberty blogs http://www.medworm.com/rss/comments.php?id=2657586 Thu, 30 Jul 2009 12:53:05 +0100 2657586 http://www.medworm.com/index.php?rid=2576574&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F006347.html Euan Mearns, writing on The Oil Drum Europe, takes a look at predictions made by Richard Duncan and Walter Youngquist in a paper they published in 1999 about expected future... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=2576574 Sat, 04 Jul 2009 23:00:00 +0100 2576574 http://www.medworm.com/index.php?rid=2464100&cid=t_141311_87_f&fid=36438&url=http%3A%2F%2Ffeedproxy.google.com%2F%7Er%2FCato-at-liberty%2F%7E3%2FeHk3_GJW6JM%2F The U.K.-based Guardian reports that the United Nations and other international bureaucracies dealing with so-called climate change are scheming to impose global taxes. That’s not too surprising, but it is discouraging to read that the Obama Administration appears to be acquiescing to these attacks on U.S. fiscal sovereignty. The Administration also has indicated it wants to squander an additional $400 billion on foreign aid, adding injury to injury: …rich countries will be asked to accept a compulsory levy on international flight tickets and shipping fuel to raise billions of dollars to help the world’s poorest countries adapt to combat climate change. The suggestions come at the start of the second week in the latest round of UN climate talks in Bonn, where 192 countrie... Cato-at-liberty blogs http://www.medworm.com/rss/comments.php?id=2464100 Mon, 08 Jun 2009 14:45:06 +0100 2464100 http://www.medworm.com/index.php?rid=2052765&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F005806.html Projections of future coal burning maybe excessively optimistic or pessimistic (depending on your point of view) because the amount recoverable from the ground might be far less than governments project.... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=2052765 Sat, 20 Dec 2008 05:00:00 +0100 2052765 http://www.medworm.com/index.php?rid=2035625&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F005791.html The long term growth in capital infrastructure to extra more oil out of tar sands in Alberta is called into question as large tar sands projects get canceled in response... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=2035625 Sun, 14 Dec 2008 05:00:00 +0100 2035625 http://www.medworm.com/index.php?rid=2033169&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F005785.html Maybe methane hydrates will become an economically affordable source of methane for natural gas. Hydrates have been hailed as a paradigm shift in how to achieve energy independence and as... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=2033169 Sat, 13 Dec 2008 05:00:00 +0100 2033169 http://www.medworm.com/index.php?rid=1730685&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F005483.html Rising marginal production costs for additional barrels of oil put a pretty high long term floor on oil prices. Last year analysts estimated it cost around $60 a barrel to... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=1730685 Sun, 24 Aug 2008 04:00:00 +0100 1730685 http://www.medworm.com/index.php?rid=1709140&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F005456.html Synfuels International claims they've found a way to cut the cost of converting natural gas to liquid fuels. A Texas company says that it has developed a cheaper and cleaner... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=1709140 Sat, 16 Aug 2008 04:00:00 +0100 1709140 http://www.medworm.com/index.php?rid=1689015&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F005425.html Oil prices have declined on demand destruction. The CEO of BP observes a big decline in oil demand in developed countries. Tony Hayward, chief executive of BP, said last week... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=1689015 Thu, 07 Aug 2008 04:00:00 +0100 1689015 http://www.medworm.com/index.php?rid=1616024&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F005355.html Will Saudi Arabia manage to raise their production to 12.5 million barrels per day? BusinessWeek has a reliable source that says the Saudis can not ramp up their production nearly... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=1616024 Sun, 13 Jul 2008 04:00:00 +0100 1616024 http://www.medworm.com/index.php?rid=1581928&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F005339.html The latest International Energy Agency Medium-Term Oil Market Report (MTOMR) has an important change from previous reports: The IEA has increased their projected rate of production decline from existing oil... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=1581928 Sat, 05 Jul 2008 04:00:00 +0100 1581928 http://www.medworm.com/index.php?rid=1556334&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F005327.html For most of the post-WWII era US oil consumption went up year after year. One deviation from that came in the early 1980s. An even longer lasting and probably permanent... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=1556334 Mon, 30 Jun 2008 04:00:00 +0100 1556334 http://www.medworm.com/index.php?rid=1536460&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F005301.html Mainstream purveyors of conventional wisdom have for years dismissed or ignored the prospect of a world peak in oil production before the 2030s or later. But high oil prices are... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=1536460 Sun, 22 Jun 2008 04:00:00 +0100 1536460 http://www.medworm.com/index.php?rid=1477939&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F005229.html As reported by the Wall Street Journal the Export Land Model comes home to roost. The big oil producers are producing less oil. And about one of those other big... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=1477939 Thu, 29 May 2008 04:00:00 +0100 1477939 http://www.medworm.com/index.php?rid=1451778&cid=t_141311_87_f&fid=34872&url=http%3A%2F%2Fwww.healthbolt.net%2F2008%2F05%2F19%2Ffact-or-ficton-obesity-is-contributing-to-global-warming%2F Okay, don’t shoot the messenger but the word out on the streets is that ‘obesity is to blame for global warming.’ So is there merit to this hypothesis or is it just one more way of laying a guilt trip on those who are overweight? Let’s look at the facts. This recent discussion relating obesity to global warming started when The Lancet published a letter by two British scientists that stated the obese population consumes 18% more food energy than the normal weight population. And as a result… “…more transportation fuel energy will be used to transport the increase mass of the obese population, which will increase even further if, as is likely, the overweight people in response to their increased body mass choose to walk less and drive more.” T... Healthbolt blogs http://www.medworm.com/rss/comments.php?id=1451778 Mon, 19 May 2008 08:10:44 +0100 1451778 http://www.medworm.com/index.php?rid=1439579&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F005196.html On a day when oil hit a new intra-day trading high of $126.40 we also received indications that attempts to boost world oil production continue to hit roadblocks. Eni, Italy's... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=1439579 Tue, 13 May 2008 04:00:00 +0100 1439579 http://www.medworm.com/index.php?rid=1405365&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F005168.html A little over a week ago Jad Mouawad of the New York Times wrote a piece on rising demand for oil and worries about supplies. His piece, while drawing attention... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=1405365 Tue, 29 Apr 2008 04:00:00 +0100 1405365 http://www.medworm.com/index.php?rid=1397662&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F005159.html Jeff Rubin of investment and merchant bank CIBC says a continuing world oil production plateau combined with growth in demand will double the price of oil in the next 4... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=1397662 Fri, 25 Apr 2008 04:00:00 +0100 1397662 http://www.medworm.com/index.php?rid=1386827&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F005152.html With oil hitting $117 per barrel major media organizations are paying more attention to the future availability of oil. On the one hand, a New York Times discusses worries about... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=1386827 Mon, 21 Apr 2008 04:00:00 +0100 1386827 http://www.medworm.com/index.php?rid=1320541&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F005082.html Some analysts think we are close to world Peak Oil production. Chris Skrebowski, a researcher for the Energy Institute in Britain, told delegates that the oil supply will peak in... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=1320541 Sat, 22 Mar 2008 04:00:00 +0100 1320541 http://www.medworm.com/index.php?rid=1167213&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F004939.html On The Oil Drum Stuart Staniford argues agriculture will not deindustrialize when the production of oil peaks and goes into long term decline. So when you industrialize a society, is... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=1167213 Mon, 21 Jan 2008 05:00:00 +0100 1167213 http://www.medworm.com/index.php?rid=1082083&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F004845.html When a tree falls in a forest where no human will hear it does it make any sounds? Yes, but some like to pretend no in order to make the... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=1082083 Sun, 09 Dec 2007 05:00:00 +0100 1082083 http://www.medworm.com/index.php?rid=1037773&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F004804.html On the front page today the Wall Street Journal basically legitimized the coming of peak oil. A growing number of oil-industry chieftains are endorsing an idea long deemed fringe: The... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=1037773 Tue, 20 Nov 2007 05:00:00 +0100 1037773 http://www.medworm.com/index.php?rid=1015780&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F004768.html Royal Dutch Shell decided to lift some (though not all) of the secrecy surrounding their research into extracting oil from oil shale in Colorado and Wyoming. Jon Birger of Fortune... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=1015780 Thu, 08 Nov 2007 05:00:00 +0100 1015780 http://www.medworm.com/index.php?rid=989688&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F004735.html Venezuelans are buying big cars because their gas is subsidized and cheap. Motorists in the United States smarting from rising gasoline prices, take note: Mr. Taurisano pays the equivalent of... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=989688 Tue, 30 Oct 2007 04:00:00 +0100 989688 http://www.medworm.com/index.php?rid=980546&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F004718.html More coal means even more pollution. A new report by the International Atomic Energy Agency forecasts India will increase nuclear production eight-fold by 2030 to account for 26 percent of... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=980546 Fri, 26 Oct 2007 04:00:00 +0100 980546 http://www.medworm.com/index.php?rid=965208&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F004694.html Environmentalists who oppose coal-based electric power generation are beginning to make headway in blocking new coal electric power plants. The Kansas Department of Health and Environment yesterday became the first... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=965208 Sat, 20 Oct 2007 04:00:00 +0100 965208 http://www.medworm.com/index.php?rid=911870&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F004629.html Economist Jeffrey Rubin sees higher oil prices in part due to rising demand in oil exporting countries. CORK, IRELAND, Sept. 17 /CNW/ - CIBC (CM: TSX; NYSE) - Oil prices... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=911870 Fri, 28 Sep 2007 04:00:00 +0100 911870 http://www.medworm.com/index.php?rid=876044&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F004593.html But since we just hit $80 per barrel $150 is less than a doubling. What, me worry? Lord Oxburgh, the former chairman of Shell, has issued a stark warning that... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=876044 Mon, 17 Sep 2007 04:00:00 +0100 876044 http://www.medworm.com/index.php?rid=811349&cid=t_141311_107_f&fid=36045&url=http%3A%2F%2Fbayblab.blogspot.com%2F2007%2F08%2Fbiotechnology-is-so-19.html Recently the AC questioned the novelty of human genome sequencing (albeit from fossilized specimens), the work of one of Discover magazine's picks for last year's scientist of the year. He has inspired me to also question the novelty of their other two picks, just for old time's sake:1. Using microorganisms to produce fossil fuel alternatives is SO 1934 (and probably even older).William J. Hale of Dow Chemicals discussed this idea as a part of his broader plan for increasing the scope of agricultural manufacturing in his 1934 classic The Farm Chemurgic. I'm sure the notion had been floating around before, as it was well-known by this time that ethanol is a natural product of fermentation. But hey, who wants to burn it when you can get hammered and take off on a gasoline-guzzling joyride in... Bayblab blogs http://www.medworm.com/rss/comments.php?id=811349 Mon, 20 Aug 2007 23:10:00 +0100 811349 http://www.medworm.com/index.php?rid=725131&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F004381.html Peak Oil anyone? The latest Medium-Term Oil Market Report from the International Energy Agency (IEA) paints a moderately bleak picture on oil availability in the next 5 years. World oil... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=725131 Tue, 10 Jul 2007 04:00:00 +0100 725131 http://www.medworm.com/index.php?rid=696883&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F004350.html Dastardly humans won't be able to fry the world with excessive amounts of fossil fuels burning because we do not have enough fossil fuels left to burn to cause a... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=696883 Tue, 26 Jun 2007 04:00:00 +0100 696883 http://www.medworm.com/index.php?rid=692360&cid=t_141311_87_f&fid=34902&url=http%3A%2F%2Fwww.futurepundit.com%2Farchives%2F004343.html Heard the oft repeated claim that America has enough coal to last 250 years? A new report from the US National Academy of Sciences (NAS) claims recoverable US reserves are... (Source: FuturePundit) FuturePundit blogs http://www.medworm.com/rss/comments.php?id=692360 Sat, 23 Jun 2007 04:00:00 +0100 692360