Beyond Petroleum Part Deux: “BP sees ‘peak oil’ in 2020s”

Guest “Looney Toons” by David Middleton OPEC cuts oil demand forecasts, BP sees ‘peak oil’ in 2020sSeptember 14, 2020 LONDON (AP) — Developing countries’ difficulty in containing the spread of the coronavirus pandemic will keep a lid on global oil demand, particularly in India, the OPEC cartel said Monday as it cut its forecasts. OPEC…

Chevron’s Answer to Climate Change: Drill, Baby, Drill!

Guest “this is fracking hilarious” by David Middleton Chevron’s Answer to Climate Change Is to Keep Drilling for OilThe energy giant believes it can still wring years of profits from fossil fuels while its European rivals embrace renewables. By Kevin Crowley and Bryan Gruley for Bloomberg Green Speaking to the Texas Oil & Gas Association in July, Chevron…

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…

Walport’s UK Energy Fantasy Does Not Add Up

By Paul Homewood Bishop Hill  had a post the other day, about a presentation on climate change given to the cabinet by Chief Scientist, Sir Mark Walport, seen at right. One of the slides shown was this one on various scenarios for electricity generation in the UK in the brave new world. (Sorry for the…