Another Failed Energy Prediction: Peak Oil Demand

Guest post by David Middleton BP’s ‘Peak Oil’ Demand Prediction Falls Flat By Jude ClementeFebruary 22, 2019 Always mandatory reading, BP just released its Energy Outlook 2019. It has caused quite a stir again this year. But, this time the commotion that I see surrounds BP’s forecast that the global war on plastics will be the main factor…

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In the Oil game, Russia has the longest suit to play

Guest post by David Archibald Logistic decline plots may be misleading when the production profile has been affected by political events. Nevertheless, Figure 1 shows a logistic decline plot for Russia’s conventional production. The result is in line with Russian estimates of their ultimate recoverable reserves of conventional oil and the proportion produced to date.…

Price-Driven US Energy Independence

Guest post by David Archibald Mike Jonas’ recent post (http://wattsupwiththat.com/2012/01/03/peak-oil-the-rp-ratio-re-visited/#more-54146) has prompted me to revisit the subject of US energy independence. The best report on the subject of peak oil was produced by the Australian Government and then suppressed by the Australian Government. This is Report 117 written by Dr David Gargett of the Bureau…