by Amy Lupica (Our Daily Planet) A new report from the International Energy Agency (IEA) predicts that gasoline demand will never return to pre-pandemic levels. The IEA tracks EV industry growth as an indicator of future oil demand, and their five-year forecast says that an
peak oil
Back TO HOMEShell Says Its Oil Production Has Peaked and Will Fall Every Year
by Hanna Ziady (CNN Business)Royal Dutch Shell (RDSA) said its oil production and carbon emissions have peaked as it detailed plans to gradually wean itself off fossil fuels. Climate activists said it hadn't gone far enough. The Anglo-Dutch company said in a statement on Thursday that it
February 12, 2021 Read Full Article
Global Fuel Standards Are Pushing the Dirtiest Oil out of the Market
by Michael J. Coren (Quartz) Not all oil is equal. We think of petroleum as equivalent whether it comes from the ground in Saudi Arabia or Texas. But that’s not quite right. There are hundreds of grades of fuels out there,
October 13, 2020 Read Full Article
2019 May Have Been Peak Year for Oil Demand, BP Trying to Pivot
(Our Daily Planet) Yesterday, the world’s leading oil producers, the Organization of Petroleum Exporting Countries (OPEC), projected a larger decrease in oil demand than was predicted earlier in the pandemic, The Hill reported. OPEC also predicts an increase in demand next year, but that
September 15, 2020 Read Full Article
Coronavirus Will Hasten ‘Peak Oil’ by Three Years, Says Research Firm
by Myles McCormick (Financial Times) Rystad Energy says its estimate of recoverable barrels of crude has dropped by 282bn -- An influential research firm has cut its estimate of potential oil production by an amount that exceeds the reserves of
June 22, 2020 Read Full Article
China Must ‘Leap over Oil Age’ to Meet Climate Challenge
by Feng Hao and Gao Baiyu (China Dialogue) With stronger policies, China could peak its oil consumption in 2025, report finds -- ... A two-year study led by the National Resources Defense Council (NRDC), an environmental non-profit, has concluded that
March 05, 2020 Read Full Article
Ethanol’s Tightening Tough Spot
by Alan Guebert (Beatrice Daily Sun) ... “U.S. farmers, particularly cornbelt farmers, have gotten a really bad deal from the Trump Administration on the biofuels front.” Both statements are true, according to Scott Irwin, an agricultural economist at the University
April 26, 2019 Read Full Article
Bank Of America: Oil Demand Growth To Hit Zero Within A Decade
by Nick Cunningham (OilPrice.com) By 2030, oil demand could hit a peak and then enter decline, according to a new report. For the next decade or so, oil demand should continue to grow, although at a slower and slower rate. According to
February 06, 2019 Read Full Article
Peak Oil: Is History Repeating Itself, Again?
(Energy Today/OilPrice.com) In 2002, oil prices were hovering around $20 per barrel and then rose almost continuously until mid-2008 when the price of a barrel of oil on the New York Mercantile Exchange hit an intraday high of $147.27, its highest
August 13, 2018 Read Full Article
Europe’s Ethanol CEOs Besieged by RED II and Illusory Truths
by James Cogan (Ethanol Europe Renewables Ltd/Biofuels Digest) The CEOs of Europe’s big ethanol firms (Tereos, Cristal Union, Alco Group, Crop Energies) are under seige. They are battling imported and sometimes fake used cooking oil, not-yet-viable advanced fuels, palm oil diesel, imports from
March 30, 2018 Read Full Article
Advanced Biofuels: Now? Later? Never?
by Terry J. Mazanec (Lee Enterprises Consulting/Biofuels Digest) ... Most modern refineries comprise more than 20 individual unit operations, each of which is a complex process on its own. And different refineries are optimized for different blends of crude oil, different
February 02, 2018 Read Full Article
Finally, a Biofuel to Get Excited About
(Peak Oil) ... But not all biofuels are terrible. You can distill ethanol from cellulosic crops, an option that’s both green and beneficial to farmers. Scientists have also been working hard to figure out how to use algae to create oil,
June 26, 2017 Read Full Article
Recapping My Decade of Using and Experimenting With Alternative Fuels +VIDEO
by Marc J. Rauch (The Auto Channel) ... For a guy who grew up primarily in Brooklyn and Queens, farming was as alien to me as the dark side of the moon. Nevertheless, the story was riveting because it presented economic possibilities
December 19, 2016 Read Full Article
Oil Demand Won't Peak before 2040, Despite Paris Deal: IEA
by Amanda Cooper (Reuters) The International Energy Agency expects global oil consumption to peak no sooner than 2040, leaving its long-term forecasts for supply and demand unchanged despite the 2015 Paris Climate Change Agreement entering into force. ... But while demand for oil
November 18, 2016 Read Full Article
The IEA Is Skeptical Electric Cars Will End the Age of Oil
by Anna Hirtenstein (Bloomberg) Oil demand growth coming from trucks, jets - not cars; Electric cars made up less than 1% of total sales last year -- Electric cars won’t cause oil demand to peak anytime soon, according to International Energy Agency Executive
November 06, 2016 Read Full Article
Ethanol and Biodiesel: Guilty as Charged
by Paul Driessen (Town Hall) ... The tale of Philip Joseph Rivkin (aka Felipe Poitan Arriaga) reveals an equally disgusting aspect of the mandate, resulting from the absurdly complex Renewable Identification Number (RIN) system devised by EPA bureaucrats. As Ron Arnold explains
July 14, 2015 Read Full Article
In Defense of Renewable Fuel Standard
by Barry Blitstein (Oklahoman) ... Calling the Renewable Fuel Standard a farce is an unfair assessment. It’s true that fracking has impacted the domestic energy picture but it’s only temporary. The IEA projects the Middle East as “the major source of
July 06, 2015 Read Full Article
Amid Low Prices, US Oil Output May Be Nearing Peak
by Jay Fitzgerald (Boston Globe) Is America’s energy boom coming to an end? As companies shut down oil- and gas-drilling rigs and lay off thousands of workers who toiled in shale fields in North Dakota, Texas, and elsewhere, many analysts
June 08, 2015 Read Full Article
IEA Says Oil Supplies May Not Keep Up With Demand
by Nick Cunningham (OilPrice.com) Despite what appears to be a saturated oil market in 2014, oil producers around the world will struggle to meet rising demand over the next few decades. In its latest annual World Energy Outlook, the International Energy
November 19, 2014 Read Full Article
Wall Street Demands Answers From Fossil Fuel Producers on 'Unburnable' Carbon
by Elizabeth Douglass (InsideClimate News) Groundbreaking initiative is forcing an investor rethink: What's the value of fossil fuel stocks if companies must leave reserves in the ground A well-heeled coalition of investors is asking top fossil fuel companies to calculate the
October 25, 2013 Read Full Article
Busting Big Oil Myths on the Renewable Fuel Standard: Part I
by Geoff Cooper (The Energy Collective/Renewable Fuels Association) Anyone with even a casual interest in energy policy knows that a full frontal assault has been launched against the Renewable Fuel Standard (RFS). Big Oil has gone on the offensive, using
May 28, 2013 Read Full Article
The Political Implications of America's Oil & Gas Boom - James Kwak Interview
by James Stafford (OilPrice.com) ... To help us look at these issues and more we managed to speak with the well known economist James Kwak. James is an associate professor at the University of Connecticut School of Law. ...In the interview James
January 12, 2013 Read Full Article
Tom Murphy Interview: Resource Depletion is a Bigger Threat than Climate Change
by James Stafford (OilPrice.com) Rising geopolitical tensions and high oil prices are continuing to help renewable energy find favour amongst investors and politicians. Yet how much faith should we place in renewables to make up the shortfall in fossil fuels?
March 29, 2012 Read Full Article
Lee Enterprises Consulting Announces 2012 Expansion Plans
(Lee Enterprises Consulting/24-7 Press Release) Lee Enterprises Consulting of Little Rock, Ark., the world's largest biodiesel consulting group, recently announced its plans for expansion in 2012. The plans include expansion of the group's services into ethanol, biomass, wind, solar and
January 08, 2012 Read Full Article
UAE Says Days of Easy Oil Nearly Over; EOR and Sour Oil/Gas Needed
(Platts) UAE Oil Minister Mohammed Bin Dhaen al-Hamli said Monday that the days of easy oil were coming to an end and the UAE and fellow oil producers are having to resort to enhanced oil recovery and development of complex
December 08, 2011 Read Full Article
IEA: Rising Demand and Declining Resources Confirms The End of Cheap Oil
(Global Renewable Fuels Alliance) Today’s release of the IEA’s annual World Energy Outlook in London has again confirmed the end of cheap oil blaming growing energy demand and declining oil reserves. According the Report, oil demand will rise 14% between 2010
November 15, 2011 Read Full Article
The Oil Squeeze
by Joelle Brink (Biofuels Digest Asia) Occasionally we forget that the cost of transportation and aviation fuel is almost entirely driven by the price of oil. Even blended with biofuel to 50/50 or above, petroleum is still the tail that
July 08, 2011 Read Full Article
The New "30 Years War"
by Michael T. Klare (CBS News) ...Over the coming decades, we will be embroiled at a global level in a succeed-or-perish contest among the major forms of energy, the corporations which supply them, and the countries that run on them. The
June 29, 2011 Read Full Article
Shell Future Energy Scenarios: 'Zone Of Uncertainty' Ahead
(Royal Dutch Shell) Shell, February 14, 2011, published Signals and Signposts - a report into future energy scenarios which offers a deeper understanding of global developments and the world's energy supply, use and needs. They help us to make crucial choices in
February 14, 2011 Read Full Article
An Opportunity to Kick our Fossil-Fuel Addiction
(The Independent) Pressure on Opec, which has a vested interest in a high oil price, offers no long-term solution Is the world on the brink of another ruinous oil shock? The International Energy Agency (IEA), which speaks for the big industrialised consumers
January 28, 2011 Read Full Article
Laila Padi 'Waste' Found to Have Great Potential as Biofuel
by Ubaidillah Masli (Brunei Times) LAILA, the rice variety heralded as the answer to Brunei's food self-sufficiency woes, might also fuel the Sultanate's cars in the future as an efficient and more environment-friendly biofuel. This is the finding of a
January 12, 2011 Read Full Article
As Oil Runs Out, Alternative Fuels Need a Boost
by Stephen E.F. Brown (San Francisco Business Times) Oil supplies are likely to run out 90 years before there are viable alternative fuels readily available, according to a study from U.C. Davis. Researchers Debbie Niemeier and Nataliya Malyshkina found that oil is
November 10, 2010 Read Full Article
New Reports Reinforce Need to Expand Biofuel Production
by Bob Dinneen (The Hill/Renewable Fuels Association) Given the latest news from two government reports, we need to start changing the “drill baby drill” chant to “distill baby distill.” One study, from the Department of Energy’s Oak Ridge National Laboratory recently
October 29, 2010 Read Full Article
Big Oil and Biofuels Clash over UK’s 2020 Biofuels Target
by Joelle Dent (Biofuels Digest Asia) There’s blast furnace heat but little light so far in the debate on the UK biofuels target for 2020. Some advisors have urged that the current target of 10 percent be halved or entirely
September 21, 2010 Read Full Article
US Military Warns Oil Output May Dip Causing Massive Shortages by 2015
by Terry Macalister (The Guardian) ...The US military has warned that surplus oil production capacity could disappear within two years and there could be serious shortages by 2015 with a significant economic and political impact. The energy crisis outlined in a
April 14, 2010 Read Full Article
Oil Reserves 'Exaggerated by One Third'
by Rowena Mason (Telegraph) The world's oil reserves have been exaggerated by up to a third, according to Sir David King, the Government's former chief scientist, who has warned of shortages and price spikes within years. The scientist and researchers from
March 25, 2010 Read Full Article
The Global Oil Depletion Report
The 'peak oil' debate is polarised, contentious and characterised by competing interpretations of the available data. A growing number of commentators are forecasting a near-term peak in global oil production with potentially serious economic impacts. Others, however, argue that production