Category Archives: peak oil

105. A crisis of energy

It was a less of a bang, and more of a low thud, which woke me on Sunday morning just after 6 am.

tarifa-windfarm-buncefield-fire-bp-alternative-energy.jpgSomething had fallen off a shelf downstairs somewhere, I thought, and I went back to sleep.

I’d never really believed those stories about the Krakatoa explosion being heard in India, 5,000 km away, or of Londoners being able to hear the First World War guns in France, but now I do.

Because that sound which woke me early on Sunday wasn’t generated in the house at all, but by an exploding oil storage facility on the other side of London, over 100 km away. Remarkable.
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69. Running low on fuel

north-sea-sunrise.jpgIs the world running out of oil ?

It’s a question I hear a lot. At dinner parties, on school field trips, and always in taxis, pretty much anytime when I tell people I’m a geologist.

And I can almost guarantee what will come next. ‘The oil’s nearly all gone now, and the North Sea is finished, isn’t it ?‘ These are popular perceptions based on media reports, carrying elements of truth, but hiding the full story.

Almost 25 years after the first crude from the Forties field was brought onstream, North Sea oil production peaked in 1999. The North Sea is far from history, though, and today it still pumps 7 % of the world’s petroleum.

And global oil production has continued to grow right up to the present day. But does an oil price of $ 50 per barrel signal the imminent end of our oil supplies ?
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