Peak Oil Update - June 2007: Production Forecasts and EIA Oil Production Numbers
Posted by Khebab on June 14, 2007 - 11:53am
Topic: Supply/Production
Tags: Ali Morteza Samsam Bakhtiari, bp, chris skrebowski, eia, logistic, loglets, m. king hubbert, oil, rembrandt koppelaar, Robelius, update [list all tags]
An update on the latest production numbers from the EIA along with graphs/charts of different oil production forecasts.

World oil production (EIA Monthly) for crude oil + NGL. The median forecast is calculated from 12 models that are predicting a peak before 2020 (Bakhiarti, Smith, Staniford, Loglets, Shock model, GBM, ASPO-[70,58,45], Robelius Low/High, HSM). 95% of the predictions sees a production peak between 2009 and 2011 at 78.23 - 87.12 mbpd (The 95% confidence interval is computed using a bootstrap technique). Click to Enlarge.
Executive Summary:
- Monthly production records are unchanged except for NGPL:
- All Liquids: the peak is still July 2006 at 85.43 mbpd, the year to date average production in 2007 (2 months) is 84.26 mbpd, up 0.2 mbpd from 2006.
- Crude Oil + NGL: the peak date remains May 2005 at 82.08 mbpd, the year to date average production for 2007 (2 months) is 81.24 mbpd, down 0.06 mbpd from 2006.
- Crude Oil + Condensate: the peak date remains May 2005 at 74.15 mbpd, the year to date average production for 2007 (2 months) is 73.09 mbpd, down 0.25 mbpd from 2006.
- NGPL: the peak date is now February 2007 at 8.24 mbpd, the year to date average production for 2007 (2 months) is 8.15 mbpd, up 0.19 mbpd from 2006.
- Decline in crude oil + condensate continues: February 2007 estimate for crude oil + condensate is 73.35 mbpd compared to 73.47 mbpd one year ago.
- New forecasts added: Projections from Frederik Robelius and the Hybrid Shock Model.
- Average forecast: the average forecast for crude oil + NGL based on 12 different projections is showing a kind of production plateau around 83 +/- 4 mbpd with a decline after 2010 +/- 1 year.
Notations:

Fig 1.- World production (EIA data). Blue lines and pentagrams are indicating monthly maximum. Monthly data for CO from the EIA. Annual data for NGPL and Other Liquids from 1980 to 2001 have been upsampled to get monthly estimates. Click to Enlarge.
Table I - Production
estimate
(in millions of barrels per day (mbpd)) for February 2007 taken from
the EIA website (International
Petroleum Monthly). 1Moving Average
on the last 12 months.
The share of CO is now only 86.6% of the total liquid production.

Fig 3.- Share of each liquid category to the total liquid production. Click to Enlarge.
The figure below is giving the general context where all the forecasts are situated, in the following we will focus on the 2000-2025 period shown as a gray box.

Fig 4.- World oil production (Crude oil + NGL) and various forecasts (1940-2050). The light gray box gives the particular area where the Figures below are zooming in. Click to Enlarge.

Fig 5.- Production forecasts assuming no visible peak. Click to Enlarge.

Fig 6.- Forecasts by PeakOilers based on bottom-up methodologies. Click to Enlarge.

Fig 7.- Forecasts by PeakOilers using curve fitting methodologies. Click to Enlarge.

Fig 8.- Year-on-Year production growth. Click to Enlarge.
Table II. Summary of
all the
forecasts (figures are in mbpd) as well as the last EIA estimates.1Productive
capacities. 2Difference
between the observed production for 2007 and the predicted value (in
mbpd), the value in bold indicates the best forecast (i.e. the oldest
with the lowest difference.
January 2007
December 2006
November 2006
October 2006
September 2006
- mbpd= Million of barrels per day
- Gb= Billion of barrels (109)
- Tb= Trillion of barrels (1012)
- NGPL= Natural Gas Plant Liquids
- CO= Crude Oil + lease condensate
- NGL= Natural Gas Liquids (lease condensate + NGPL)
- URR= Ultimate Recoverable Resource
EIA Last Update (February)
Data sources for the production numbers:
- Production data from BP Statistical Review of World Energy 2006 (Crude oil + NGL).
- EIA data (monthly and annual productions up to February 2007) for crude oil and lease condensate (noted CO) on which I added the NGPL production (noted CO+NGL).
The All liquids peak is still July 2006 at 85.47 mbpd, the year to date average production value in 2007 (2 months) is down from 2005 for all the categories except for NGPL. The peak date for Crude Oil + Cond. is May 2005 at 74.15 mbpd (see Table I below).

Fig 1.- World production (EIA data). Blue lines and pentagrams are indicating monthly maximum. Monthly data for CO from the EIA. Annual data for NGPL and Other Liquids from 1980 to 2001 have been upsampled to get monthly estimates. Click to Enlarge.
| Category | Feb 2007 | Feb 2006 | 12 MA1 | 2007 (2 Months) | 2006 (2 Months) | Share | Peak Date | Peak Value |
|---|---|---|---|---|---|---|---|---|
| All Liquids | 84.68 | 84.41 | 84.48 | 84.26 | 84.46 | 100.00% | 2006-07 | 85.43 |
| Crude Oil + NGL | 81.59 | 81.43 | 81.30 | 81.24 | 81.30 | 96.35% | 2005-05 | 82.08 |
| Other Liquids | 3.09 | 2.98 | 3.18 | 3.02 | 3.16 | 3.65% | 2006-08 | 3.54 |
| NGPL | 8.24 | 7.97 | 7.99 | 8.15 | 7.96 | 9.73% | 2007-02 | 8.24 |
| Crude Oil + Condensate | 73.35 | 73.47 | 73.31 | 73.09 | 73.34 | 86.62% | 2005-05 | 74.15 |
The share of CO is now only 86.6% of the total liquid production.

Fig 3.- Share of each liquid category to the total liquid production. Click to Enlarge.
The figure below is giving the general context where all the forecasts are situated, in the following we will focus on the 2000-2025 period shown as a gray box.

Fig 4.- World oil production (Crude oil + NGL) and various forecasts (1940-2050). The light gray box gives the particular area where the Figures below are zooming in. Click to Enlarge.
Business as Usual
- EIA's International Energy Outlook 2006, reference case (Table E4, World Oil Production by Region and Country, Reference Case).
- IEA total liquid demand forecast for 2006 and 2007 (Table1.xls).
- IEA World Energy Outlook 2006 : forecasts for All liquids, CO+NGL and Crude Oil (Table 3.2, p. 94).
- IEA World Energy Outlook 2005 : forecast for All liquids (Table 3.5).
- IEA World Energy Outlook 2004 : forecast for All liquids (Table 2.4).
- A simple demographic model based on the observation that the oil produced per capita has been roughly constant for the last 26 years around 4.4496 barrels/capita/year (Crude Oil + NGL). The world population forecast employed is the UN 2004 Revision Population Database (medium variant).
- CERA forecasts for conventional oil (Crude Oil + Condensate?) and all liquids, believed to be productive capacities (i.e. actual production + spare capacity). The numbers have been derived from Figure 1 in Dave's response to CERA.

Fig 5.- Production forecasts assuming no visible peak. Click to Enlarge.
PeakOilers: Bottom-Up Analysis
- Chris Skrebowski's megaprojects database (see discussion here).
- The ASPO forecast from April newsletter (#76): I took the production numbers for 2000, 2005, 2010, 2015 and 2050 and then interpolated the data (spline) for the missing years. I added the previous forecast issued one year and two years ago (newsletter #58 and #46 respectively). There was no revision since August 2006.
- Rembrandt H. E. M. Koppelaar (Oil Supply Analysis 2006 - 2007): "Between 2006 and 2010 nearly 25 mbpd of new production is expected to come on-stream leading to a production (all liquids) level of 93-94 mbpd (91 mbpd for CO+NGL) in 2010 with the incorporation of a decline rate of 4% over present day production".
- Koppelaar Oil Production Outlook 2005-2040 - Foundation Peak Oil Netherlands (November 2005 Edition).
- The WOCAP model from Samsam Bakhtiari (2003). The forecast is for crude oil plus NGL.
- Forecast by Michael Smith (Energy Institute) for CO+NGL, the data have been taken from this chart in this presentation (pdf).
- PhD thesis of Frederik Robelius (2007): Giant Oil Fields - The Highway to Oil: Giant Oil Fields and their Importance for Future Oil Production. The forecasts (low and high) are derived from this chart.

Fig 6.- Forecasts by PeakOilers based on bottom-up methodologies. Click to Enlarge.
PeakOilers: Curve Fitting
The following results are based on a linear or non-linear fit of a parametric curve (most often a Logistic curve) directly on the observed production profile:- Professor Kenneth S. Deffeyes forecast (Beyond Oil: The View From Hubbert's Peak): Logistic curve fit applied on crude oil only (plus condensate) with URR= 2013 Gb and peak date around November 24th, 2005.
- Jean Lahèrrere (2005): Peak oil and other peaks, presentation to the CERN meeting, 2005.
- Jean Lahèrrere (2006): When will oil production decline significantly? European Geosciences Union, Vienna, 2006.
- Logistic curves derived from the application of Hubbert Linearization technique by Stuart Staniford (see this post for details).
- Results of the Loglet analysis.
- The Generalized Bass Model (GBM) proposed by Prof. Renato Guseo, I used his most recent paper (GUSEO, R. et al. (2006). World Oil Depletion Models: Price Effects Compared with Strategic or Technological Interventions ; Technological Forecasting and Social Change, (in press).). The GBM is a beautiful model that has been applied in finance and marketing science (see here for some background). The estimation in Guseo's article was based on BP data from 2004 (CO+NGL).
- The so-called shock model proposed by TOD's poster WebHubbleTelescope . You can find a description of his approach on his blog here as well as a review on TOD. The current estimate was done in 2005 based on BP's data (CO+NGL).
- The Hybrid Shock Model is a variant of the shock model described here. The forecast is based on EIA data (up to 2006) for crude oil + condensate, the ASPO backdated disovery curve and assumes no reserve growth and declining new discoveries.

Fig 7.- Forecasts by PeakOilers using curve fitting methodologies. Click to Enlarge.
Production Growth
The chart below gives the year-on-year production growth (or decline) for each month. Growth has been weak (below 1%) since 2005..
Fig 8.- Year-on-Year production growth. Click to Enlarge.
| Forecast | 2005 | 2006 | 2007 | 2010 | 2015 | Diff2 | Peak Date | Peak Value |
|---|---|---|---|---|---|---|---|---|
| All Liquids | ||||||||
| Observed (All Liquids) | 84.56 | 84.51 | 84.26 | NA | NA | 2006-07 | 85.43 | |
| IEA (WEO, 2004) | 82.06 | 83.74 | 85.41 | 90.40 | 98.69 | -1.16 | 2030 | 121.30 |
| IEA (WEO, 2005) | 84.00 | 85.85 | 87.64 | 92.50 | 99.11 | -3.38 | 2030 | 115.40 |
| Koppelaar (2005) | 84.06 | 85.78 | 86.61 | 89.21 | 87.98 | -2.36 | 2011 | 89.58 |
| Lahèrrere (2005) | 83.59 | 84.47 | 85.23 | 86.96 | 87.77 | -0.97 | 2014 | 87.84 |
| EIA (IEO, 2006) | 82.70 | 84.50 | 86.37 | 91.60 | 98.30 | -2.11 | 2030 | 118.00 |
| IEA (WEO, 2006) | 83.60 | 85.10 | 86.62 | 91.30 | 99.30 | -2.36 | 2030 | 116.30 |
| CERA1 (2006) | 87.77 | 89.52 | 91.62 | 97.24 | 104.54 | -7.36 | 2035 | 130.00 |
| Lahèrrere (2006) | 83.59 | 84.82 | 85.96 | 88.93 | 92.27 | -1.70 | 2018 | 92.99 |
| Smith (2006) | 85.19 | 87.77 | 90.88 | 98.94 | 98.56 | -6.62 | 2012-05 | 99.83 |
| Crude Oil + NGL | ||||||||
| Observed (EIA) | 81.45 | 81.33 | 81.24 | NA | NA | 2005-05 | 82.08 | |
| GBM (2003) | 76.06 | 76.27 | 76.33 | 75.30 | 67.79 | 4.91 | 2007-05 | 76.34 |
| Bakhtiari (2003) | 80.24 | 80.89 | 80.89 | 77.64 | 69.51 | 0.34 | 2006 | 80.89 |
| ASPO-46 | 81.00 | 80.95 | 80.80 | 80.00 | 73.77 | 0.43 | 2005 | 81.00 |
| ASPO-58 | 81.00 | 82.03 | 83.10 | 85.00 | 79.18 | -1.86 | 2010 | 85.00 |
| Staniford (High) | 77.45 | 77.92 | 78.31 | 79.01 | 78.51 | 2.92 | 2011-10 | 79.08 |
| Staniford (Med) | 75.81 | 75.94 | 75.97 | 75.52 | 73.00 | 5.27 | 2007-05 | 75.98 |
| Staniford (Low) | 70.46 | 70.13 | 69.71 | 67.92 | 63.40 | 11.53 | 2002-07 | 70.88 |
| IEA (WEO, 2006) | 80.10 | 81.38 | 82.67 | 86.50 | 92.50 | -1.43 | 2030 | 104.90 |
| Koppelaar (2006) | 81.76 | 82.31 | 83.68 | 91.00 | NA | -2.44 | 2010 | 91.00 |
| Skrebowski (2006) | 80.90 | 81.42 | 82.59 | 87.32 | NA | -1.35 | 2010 | 87.92 |
| Smith (2006) | 80.53 | 82.81 | 85.45 | 91.95 | 88.60 | -4.21 | 2011-02 | 92.31 |
| Loglets | 81.12 | 82.14 | 83.02 | 84.65 | 83.26 | -1.78 | 2012-01 | 84.80 |
| ASPO-76 | 77.92 | 79.00 | 81.35 | 90.00 | 85.00 | -0.11 | 2010 | 90.00 |
| Robelius Low (2006) | 81.45 | 82.19 | 82.50 | 81.84 | 72.26 | -1.26 | 2007 | 82.50 |
| Robelius High (2006) | 81.45 | 84.19 | 86.67 | 93.40 | 92.40 | -5.44 | 2012 | 94.54 |
| Shock Model (2006) | 80.76 | 80.43 | 80.01 | 78.27 | 73.74 | 1.23 | 2003 | 81.17 |
| Crude Oil + Lease Condensate | ||||||||
| Observed (EIA) | 73.65 | 73.39 | 73.09 | NA | NA | 2005-05 | 74.15 | |
| ASPO-46 | 72.80 | 72.56 | 72.25 | 71.00 | 63.55 | 0.84 | 2005 | 72.80 |
| Deffeyes (2004) | 69.81 | 69.81 | 69.71 | 68.90 | 65.88 | 3.38 | 2005-12 | 69.82 |
| ASPO-58 | 73.00 | 73.80 | 74.65 | 76.00 | 69.50 | -1.56 | 2010 | 76.00 |
| IEA (WEO, 2006) | 70.80 | 71.78 | 72.77 | 75.70 | 80.30 | 0.32 | 2030 | 89.10 |
| CERA1 (2006) | 76.49 | 76.89 | 78.60 | 82.29 | 83.83 | -5.51 | 2038 | 97.58 |
| ASPO-76 | 71.11 | 72.10 | 73.66 | 78.00 | 72.00 | -0.57 | 2010 | 78.00 |
| HSM (2007) | NA | 73.56 | 73.53 | 72.82 | 69.53 | -0.44 | 2006 | 73.56 |
Next update probably in September.
Previous Update:
Februray 2007January 2007
December 2006
November 2006
October 2006
September 2006
OilWatch last issue:



Khebab: Great article. The way you lay it out with the summary drilling down to more and more detail is absolutely perfect.
An absolutely state of the art summary, thank you very much. What a pity the usual media (even sites such as The Nation or Die Tageszeitung) do not pay more attention to this.
ciao,
Bruce
Actually, Die Tageszeitung ran a longer piece on Deffeyes and the Thangsgiving Peak Prediction in November 2005 (which had the benefit of alerting me to the subject) but after that, they pretty much went back to ignoring the subject altogether. They have joined the Global Warming bandwagon in a large way, though, but most of their readers are greenish yuppies now, not Green radicals like 20 years ago, so they prefer to run stories about the Solar Future and our cars running on hydrogen instead of confronting depletion angst...
Well, the "bad" thing about PO is that the advocacy "cause" aspect of it always ends up shooting itself in the foot. The story never seems to get any traction because of cry wolf syndrome...
It is much easier for liberals and liberal publications to ride the GW train (so to speak) because the weather takes so damn long to change, and plus, it is a lot more excusable for some reason in the MSM to have all these wildly varying models for GW... but when it comes to PO it seems as if the interest wanes a lot more. I don't know why this is...
*But*, I do know that Democrats and liberals everywhere do not want to talk about PO... It is a political loser...
The propaganda mission for liberals seems to be use GW as an excuse to reduce fossil fuels use that way we don't even need to discuss PO!
I think the problem with trying to talk to the masses in the US about oil depletion is that most of them would either tell you the problem is "gouging" (the more suburban liberal bent), if not that then it is "they aren't allowed to drill" (the dyed-in-the-wool right-wing corporate apologist).
Then you have people like BenjaminCole, who agree PO is coming eventually, but modulate down into a no-brainer--ie, cow shit is gonna power our fleets of Boeings for the next 5 decades, etc etc...
Well, the cry wolf syndrome is a problem for more than just PO -- this is also true for the whole environmental movement. A lot of the stuff predicted back in the 70s was premature (but not otherwise wrong). I agree with you that GW and even the environmental movement are "safer" than PO. PO takes an axe to our whole way of life sooner than does GW. All you have to do about GW or the environment is send in a check to your favorite group. What does one do about PO? It's a statement that our whole way of life is becoming impossible in the next few decades.
One side note. I'm also one of those tinfoil hat guys on 9-11 (as is Colin Campbell along with some other PO people). The interesting part is that a lot of 9-11 people don't buy PO at all -- it's just a conspiracy by the oil companies to jack up prices. So while these people are able to adjust to the horrible implications of the 9-11 story, the idea that our whole way of life is not sustainable is somehow just too much to bear.
More, PO doesn't really seem to be a movement yet -- it's a research project. There's no simple set of answers to the problem. Even those who agree on PO do not agree on what it will mean and what's possible to do about it. The only thing PO does right now is say: do you see the freight train coming down the tracks?
This is mostly true except for the part that it was "premature", especially with respect to climate change.
The underlying cause for concern always was and still is that of run-away Climate Change. GW concerns really started in the 1980's. Twenty years later we are undergoing an anthropogenically enhanced abrupt and non-linear (unpredictable) climate change -- one that for all practical intents and purposes will likely be very soon humanly irreversible.
Was it really "premature" to warn of this then?
According to James Hanson, from an adaptation of a talk delivered in February, and printed in The Nation (May 7.2007 issue):
"There's a huge gap between what is understood about global warming by the relevant scientific community and what is known about global warming by those who need to know: the public and policy-makers. We've had, in the past thirty years, one degree Fahrenheit of global warming. But there's another one degree Fahrenheit in the pipeline due to gases that are already in the atmosphere. And there's another one degree Fahrenheit in the pipeline because of the energy infrastructure now in place--for example, power plants and vehicles that we're not going to take off the road even if we decide that we're going to address this problem.
"The Energy Department says that we're going to continue to put more and more CO2 in the atmosphere each year -- not just additional CO2 but more than we put in the year before. If we do follow that path, even for another ten years, it guarantees that we will have dramatic climate changes that produce what I would call a different planet -- one without sea ice in the Arctic; with worldwide, repeated coastal tragedies associated with storms and a continuously rising sea level; and with regional disruptions due to freshwater shortages and shifting climatic zones."
Had we thought to address this as a serious concern, worthy of the precautionary principle, even 15 years ago we wouldn't be faced with the dire problem we are today as Hanson (among many, many other scientists) now sees coming no matter what we do. For civilization as we know it it will likely prove to be an unstoppable disaster.
Once set in motion climate change is a beast and will not readily relent to our late and still haphazard efforts to mitigate it. The lesson is a tragic one, in that those who were accused of "crying wolf" back were not at all premature with such an intractable threat.
Instead of learning our lesson, today's PO promoters are in the same boat that CC theorists were in 20 years ago. There is another "freight train coming down the tracks", which according to the Hirsch Report (along with many, many other thinking people, like ourselves):
"The peaking of world oil production presents the U.S. and the world with an unprecedented risk management problem. As peaking is approached, liquid fuel prices and price volatility will increase dramatically, and, without timely mitigation, the economic, social, and political costs will be unprecedented. Viable mitigation options exist on both the supply and demand sides, but to have substantial impact, they must be initiated more than a decade in advance of peaking." {my emphases}
Among their quoted conclusions:
• World oil peaking is going to happen, and will likely be abrupt.
• Oil peaking will adversely affect global economies, particularly those most dependent on oil.
• Oil peaking presents a unique challenge (“it will be abrupt and revolutionary”).
• The problem is liquid fuels (growth in demand mainly from transportation sector).
• Mitigation efforts will require substantial time.
• 20 years is required to transition without substantial impacts
• A 10 year rush transition with moderate impacts is possible with extraordinary efforts from governments, industry, and consumers
• Late initiation of mitigation may result in severe consequences.
Gee, this all sounds awfully familiar.
By the time we do wake up to recognizing PO for what it is, like CC, it will be too late to do much to mitigate the worst of its effects upon civilization as we know it.
By my way of reckoning, this new crying wolf "research project" is only interesting in the same way that any of us cares to give studied witness to the progression of our ultimate demise. For myself and civilization as I know it, I've grown weary of this new yet same old drama.
Of course it ain't over til its over, but the plot is essentially the same and I see no reason to believe the outcome won't be any different than the CC one already set in motion.
It really is a once in a long historical lifetime we are stuck in, and all I can do is sit back comfortably while preparing as best I can to enjoy the show while it lasts. Tragically, so it goes...
Why do some of you seem to have this interminable need to refer everything back to climate change or, amazingly enough, 9/11 theories?
For goodness sake, show some respect!
Khebab has spent a hell of a lot of time putting together a really good, professional post on peak oil and you precious ponies what to hijack the thread to talk about your pet subjects.
If you want to spout about those sorts of things, there are plenty of other forums to do it in (including the daily drum).
Please, stop polluting the research and analysis threads with this sort of stuff.
I absolutely agree concerning the 9/11 stuff, but you must know the climate change story started in scientific circles and has always been run by professionals. Any indication to the otherwise has always been, and still is, industry disinformation.
Want to _really_ know about climate change? Read the scientific literature. There is no substitute.
ciao,
Bruce
Critical_Mind, I hope you weren't referring to me. I was simply offering my opinion, not trying to be disrespectful of Khebab (who's work I not only respect, but thoroughly appreciate.)
I was just responding to a comment... I thought that's what the comment section was for. Comments and discussion. I hate to be smug, but I think I'm right (like most people).
Sometimes when someone responds to a comment I've posted I feel the need to engage the person's comment further so as to expound my analysis and/or position. And I think I have done so, now let my text speak for itself.
There is a disconcerting tendency for people that accept peak oil being a reality to concurrently hold unfounded conspiratorial beliefs about 9/11.
This is a problem for the TOD community, and the "movement" as a whole as it discredits much of the hard work that you are imploring us to respect. I humbly believe it is important for anyone who takes peak oil seriously to vocally distance themselves from the the so-called "theories" of the 9/11 truth meme. It needs to be stated that 9/11 may have been taken advantage of (to invade Iraq) on dubious premises, but that does not in any way somehow implicate Dick Cheney in giving Mr. Atta the "go" command (and don't ask my opinion of Cheney...) It needs to be stated in somewhat arguably-important venues that this is uncalled for, and damages not only the Left, but peak oil awareness as well. A quick google of "peakoil" and "9/11" will come up with some pretty discrediting stuff and is a superficial and easy (yet effective) way for propagandists to filter and diminish *critical* thought when it comes to "energy and our future", as the TOD masthead says.
I do preemptively apologize for adding yet even more clutter, but this is the goddamn internet--give me a break!
In my opinion, 9/11 is not an appropriate topic for this blog but climate change is because climate change is intimately tied to fossil fuels.
Additionally, I didn't see where Professor Goose made you a moderator of TOD. Oh he didn't? Then why are you worrying your head about it? The editors and contributors of TOD will police it (or not) as they see fit.
Ghawar Is Dying
The greatest shortcoming of the human race is our inability to understand the exponential function. - Dr. Albert Bartlett
Grey: Neither topic is appropriate here IMO but most 9/11 bloggers do specifically relate the events to fossil fuel depletion (necessitating Iraq oil grab).
I believe that you are flatly incorrect about climate change as there have been many main articles on TOD itself in the past on that very topic but none, ever, about 9/11 conspiracy theories. If Professor Goose has allowed articles about climate change here and if those articles have been posted (both of which are true) then discussion of climate change is part of this blog.
Ghawar Is Dying
The greatest shortcoming of the human race is our inability to understand the exponential function. - Dr. Albert Bartlett
I've also noticed the stark absurdity of the 9/11 "truth" demographic when it comes to acknowledging elementary geology. Obviously an interesting psychological phenomenon--or, more realistically, *problem*. I don't know if this is the appropriate place to ask, but when you say tin-foil-hat-wearing do you mean the the government had prior knowledge of 9/11? I always tended to think that our government is way to inept to organize such a murderous conundrum, but I know history has a lot to say in opposition.
Regarding the cry wolf syndrome being indicative of the problems of environmentalism, you are certainly right that the massively incorrect predictions emanating from the late '60s and early '70s gave ample firepower to propagandists in the opposing camps (Hoover, Heritage, Hudson et al). But in reality, there is no big conspiracy. Just a government that Madison set up to keep the wealthy business classes--now morphed into corporate descendants--in power over the economy. In the early 20th century this just became an industrialized version of Madison's experiment, and along with industrialism came an explosion of media, almost entirely corporate owned. So, to sum up, our society's psychological fabric consists of private interests and propaganda--the two pillars standing in the way of, for lack of a better term, the "awareness train". Entertainment is the best propaganda you can buy. These pillars have been in place since slavery, and they still impede consciousness raising to this very day... However, in addition to private interests and propaganda, we can also throw in the sheer imaginative ability of the Homo Sapien. We may be sick little monkeys but we're also quite stunning in our abilities of invention (think religion, for a good sprawling anthropological example) and intelligence (think math, science).
Point is...
I'm sure that even if the horrendous predictions made by prominent academics in the 70s were never made--that "environmentalism" still would be probably right where it is today... Which is to say, nowhere.
davebygolly, you succinctly wrote:
"The only thing PO does right now is say: do you see the freight train coming down the tracks?"
And the amazing thing is that many people do not--or they claim it's moving at .001mph and won't hit us for at least 30 years, and by then we won't even be standing on the tracks anymore... (We'll be living in our "sustainable" [subsidized] corn stalk homes!)
I don't know if this is the appropriate place to ask, but when you say tin-foil-hat-wearing do you mean the the government had prior knowledge of 9/11?
It's not the right place to ask or answer, so I will only say: I mean a lot worse than that.
This is one of those issues that is impossible to speak about in person to anyone, including liberals. I've seen the videos and I must say that at the very least, the government has to answer some major questions. I believe "Popular Mechanics" ran a rebuttal to many of the points, but even that left me unsatisfied. Where was NORAD? Why was Building 7 in particular the third steel-structured building in world history to fall due to fire (the first two being the ones that airplanes hit). I know there are many questions I'd like my government to answer, and put me at (somewhat more) ease.
It seems quite apparent to me by now, however, that the main reason for going into Iraq (which 9/11 enabled) was an oil-grab. I would just like some of these questions to be taken seriously instead of dismissed offhand. Funny how the only people who dare ask important questions are seen as traitors. To me, as teachers have told me before, "there is no stupid question".
davebygolly wrote,
"One side note. I'm also one of those tinfoil hat guys on 9-11 (as is Colin Campbell along with some other PO people). The interesting part is that a lot of 9-11 people don't buy PO at all -- it's just a conspiracy by the oil companies to jack up prices. So while these people are able to adjust to the horrible implications of the 9-11 story, the idea that our whole way of life is not sustainable is somehow just too much to bear."
Well, in this particular case (again, it changes form if you shift to another part of the political spectrum) it is an ability to over fantasize. There is no direct link, to the extent that PO is related to 9/11... In my view the status quo explanation is correct. Government incompetency coupled with the blow back of a determined fundamentalist suicidal death cult. National security, to the extent that it works, is *supposed* to protect us. The 9/11 truth people seem to go the hot air route of BenjaminCole (just to continue upon my assault on him throughout this thread!) They say something is true--but do so without the backup of sensible argument coupled with hard evidence. They hem and haw for their "beliefs" in the the presence of devastating arguments against holding them (much like heavily religious, personal-god type people).
To the extent that there are questions about collapse, I don't believe they hold up. When the buildings began construction in the mid-60s they were a totally original design, no building of that stature had ever been constructed where essentially the exterior of the building would be holding together the structure. They used an entirely new system of building a skyscraper to... By the time they were finished, in the 70s the buildings were relics of an bygone era of building--but they obviously stood intact perfectly fine (that is until jetliners were flown into them at high speeds). That they collapsed, to me, is unsurprising and I don't believe one needs to imagine thermite in the staircases, etc etc, to conclude that they collapsed as a result the complicated physics of massive jet-liners slamming into very experimentally gargantuan buildings. Given how, and when the they were built, in addition to recognizing the immensity of them, it doesn't surprise me.
It is just inconceivable that my own government would "plan" the attacks--and that type of thinking gives the far left (of which I would count myself) a very bad name and makes me ashamed to be a liberal (as do very many other things purported "liberals" say and do.) I might also note here that there is probably some cognitive dissonance amongst those that can't believe that they came down as a consequence of the physics resulting purely from the impacts. I remember on that day, during the "event", while the two towers were will still standing--I don't think anyone imagined (or wanted to) that they would fall... Maybe this is part of it? I'm unsure, but I think there is some type of relation between the "truthers" and an inability to grasp, perhaps, American descent, failure, collapse (ironically enough), etc--ie, "it is all just the big corporations controlling us! But, everything will keep on going fine, we just hate them controlling us!" Of course strikingly, there are people on the otherside, who are evangelical about corporate benevolence and sacredness... Two sides of the same hysterical coin?
However, given all this (you started it, tin-foil-wearer! :-] ) I still wholeheartedly agree that our government did and has exploited 9/11 to the fullest extent allowable by human consciousness and has inexcusably whitewashed it--but that is just realpolitik. Iraq is clearly the manifestation of Hawkish tendencies in AEI and it's swarm of bees. And yes, that hive is essentially a strategic planning unit for US Imperialism and control of the world's economy, and energy reserves (not surprisingly--we've gotta use our half a trillion dollar military budget doing something!)
And when do we start to lose our grasp? Iraq is a harbinger of our inability to control a world that we have become dependent on.
It is very dismaying to me that people involved in the peak oil issue would traffic in the absurdities of 9/11 conspiracy theory. I suppose it shows that the delusional thinking endemic to highly-stressed societies is not limited to evangelicals, CNBC-cheerleaders, Nascar morons, and White House policy aides.
Jim Kunstler
Saratoga Springs, NY
I agree completely. Absolutely amazed that the 9/11 conspiracy movement has any traction among otherwise reasonable people (in my institute there are at least two true believers... these guys are scientists but it is impossible to shake them... the underlying reason is perhaps that physicists don't know anything about the physics of buildings... the only way to learn the relevant stuff is to read what building engineers have to say about the subject and then the silly nature of the 9/11 "theories" becomes clear).
ciao,
Bruce
Bruce: Personally, I am amazed that you guys are so convinced that you know exactly what happened on 9/11. I have no idea what exactly happened, but I would say that the probability is that the official conspiracy theory as relayed by the MSM is inaccurate (it almost always is).
Logic problem also relevant to Peak Oil (the only reason I respond): of course I don't know _exactly_ what happened. But preposterous claims made by the conspiracy crowd are not an appropriate response. It is like the believers in endless oil, who try to force the rest of us to predict, _exactly_ when the oil peak (or population crash, or other problem) will take place. If we cannot (of course we cannot), then they claim their position is justified. It is what I mentioned earlier about false premise. The fact that no human has been to the far side of the moon does not make it likely aliens have built buildings there now does it.
If we incorrectly claim oil will peak on 21 July 2007, and we are found to be wrong, then there will always be oil, right?
ciao,
Bruce
The reason the scientists (physicists?) are "unshakable" is because it is absolutely impossible to simultaneously believe both in Newton's laws and the gov't story. The gov't story also defies the laws of probability. Once again a choice is forced. I'm a math and physics guy. No one will survive a debate with me on the issue if they restrict themselves to logic and the known facts -- and foreswear ad hominens. But it can't be here -- I agree -- even though there is a very definite connection to PO. That's why Colin Campbell devotes a whole chapter in the middle of his book OIL CRISIS to the topic. But this topic, unlike GW, generates enormous amounts of heat in comparison to the amount of generated light, which is a distraction from the main issue of this site.
Wow, I always thought you were just a tiny bit on the nutty side (not that you care, I know, and I applaud that), but you are 100% correct (IMO) on this 9/11 issue. Peak oil is a logical intuitive resource constraint issue. But 9/11 conspiracies are almost entirely fantasy.
Unbelievable! Mr. Doom himself. Mr. The suburbs are the greatest waste of America, Mr. I live in upper state New York and will survive, thinks that conspiracy theories are hokum. Wow! Did you wake up one day and see how close you are to the edge and say "I better distance myself or no one will buy my books or book anymore talks"? Oh well. I guess the kooks have to draw a line somewhere. Or are you a kook?
What gives? You think WTC7 fell because of a little fire? You think that Bush lying us into Iraq was a simple mistake? You think that the nose of a plane would have made it through the second twin tower intact? Three towers fell on 9/11. How many people even know that?
By the way, I am half the time a great fan of your monday blog. But you seem to have a blind spot. Why is that? Do you close your eyes at videos like "loose change"?
I can read about 9/11 theories and climate change disasters in any number of other places.
However, I can only read about Khebab's analysis of oil production history and future scenarios here - on this thread.
You get a daily drum every day where you can discuss this other stuff.
On "specialist" threads, I'm more interested in reading about how others view the specialists' analyses.
I don't want you to stop discussing these other issues, however I do find it distracting when threads such as this one end up with large chunks of totally off-topic comments.
The EIA's May International Petroleum Monthly is just out. Late but it finally arrived. It has the March production data.
http://www.eia.doe.gov/ipm/
Ron Patterson
thanks, I was expecting it earlier.
The updated version of the IPM only changes your numbers slightly (they are still playing with the 2005 data to get it into final form, I expect similar revisions in the monthly energy review next month as they had finally gotten the numbers to "match" for 2005).
A slightly higher value for May 2005 (C+C) and a lower value for NGL's (7.9 MMBPD) for Feb 2007 but it's still the maximum.
Maximum liquids reduced a little (to 85.38 MMBPD) in July 2006 and the crude plus NGLs creeps up to 82.20 MMBPD in May 2005.
Of course they would release it just after you've completed you work!
Good job!
Update of Bottom Up Forecast for EIA March 2007 data
First, as usual, excellent work, Khebab! Every key post should have an executive summary like yours.
The updated world total liquids supply forecast shows a peak plateau from 2006 to 2009 with production between 85 and 86 mbd. This plateau is the result of decreased production of crude oil and lease condensate (C&C) being offset by increasing production from natural gas liquids and biofuels (mainly ethanol). The fall in total liquids production from 2009 to 2012 is similar, in magnitude, to the rise in production from 2002 to 2006. As supply falls short of demand, prices will continue increasing.
Fig 1 – Peak Oil Plateau – click to enlarge
The figure below shows crude oil and lease condensate (C&C) production declining at a rate of 1%/yr until end of 2008. Afterwards, the decline rate is 4%/yr from 2009 to 2012.
World C&C for Feb 2007 was 73.49 mbd. In Mar 2007, it was 73.36 mbd, a small drop of 0.13 mbd. Significant falls over the same time period include Nigeria down 0.21 mbd, due to militant attacks and the North Sea (primarily UK, Norway, Denmark), down 0.13 mbd. The North Sea produced 4.30 mbd in Mar 2007. Unfortunately, as this decline rate continues, the North Sea will be probably be producing less than 4 mbd by late 2007. Other significant sources of decline include China, down 0.05 mbd; Australia, 0.07 mbd; and Canada, 0.05 mbd.
Offsetting significant production increases include 0.06 mbd from Venezuela; USA, 0.08 mbd; Angola, 0.04 mbd; Azerbaijan, 0.06 mbd; Iraq, 0.05 mbd; Kazakhstan, 0.04 mbd; and UAE, 0.04 mbd.
Fig 2 – Crude Oil & Lease Condensate to 2012 – click to enlarge
One of the key drivers of the above forecasts is Saudi Arabia’s production forecast. It is assumed that Saudi Arabia has total ultimate recoverable C&C of 175 Gb and that the C&C production rate does not cause the depletion rate of remaining reserves to exceed 5.3%/yr. The blue line in the figure below shows Saudi Arabia’s C&C production decline curve.
Fig 3 – Saudi Arabia to 2020 – click to enlarge
The figure below shows Saudi Arabia’s C&C production since the late 1930s forecast to 2080. Saudi Arabia has probably passed peak production as the production from the scheduled megaprojects and infill drilling will probably be insufficient to create a new production peak.