Stories in topic "Miscellaneous"

ASPO-USA Early Registration ends Monday

Just a reminder about the ASPO USA Denver World Oil Conference on November 10-11, 2005. Early registration ends on Monday Oct 17th (ie the fee goes up from $200 to $250 after that).

Perhaps this is a quiet week ?

(Perhaps as in  . . .before the storm?)
The tables that Jean Laherrerre used for the amount of reserves that Saudi Arabia has, was, in his paper, drawn from two sources.  In an earlier post on those numbers, I cited only the IHS data from the table that he had published.  The other source is Wood Mackenzie (WM) and in an article yesterday in Rigzone it is noted that WM is seeing that the incentives for new exploration may outweigh that of buying other oil companies.
A study by oil consultants Wood Mackenzie has modelled the effect of oil prices on the profitability of exploration. Assuming they could sell the oil they have discovered for $40 a barrel, the best explorers would have made returns of more than 20 percent on every dollar they have ploughed into finding new oil supplies over the past 10 years.

Even the worst performers out of the 28 top international oil firms surveyed would have made a 12 percent return.

Although WM suggest that the industry will have to spend $40 bn to find enough oil to replace that which is being produced.  Of course this gets us back to the question as to whether, even if they spent that money, would they actually be successful in finding that much oil.  Certainly the fact that companies are not making those investments might be an indication that they, themselves, might not think it feasible.

Mid-week open thread...

For your threading pleasure.  

(yes, I'm still alive.  just had a lot going on over the past week.)

Syriana: the next oil awareness movie

Last night I saw a trailer for the movie Syriana. Much like The Deal and Oil Storm before it, Syriana is a movie in which bad things happen as a result of fuel shortages. Unlike those two movies, however, Syriana is a big budget Warner Brothers film starring George Clooney, Matt Damon, Jeffrey Wright, Chris Cooper and a bunch of other big names.

Perhaps more interesting than the movie itself is the fact that it's affilated with a new movie production company called Participant Productions, which also brings us the website Participate.net.  

Weekend Open Thread

Place to keep track of new developments and new ideas. Please be nice to each other, now....

Open thread

Clearly you guys need an open thread. Play nice. We'll be back soon with commentary from the actual scientists who spoke at Petrocollapse. Perhaps you'll be happier with us then.

Fantasy Writers Weigh In

Not having read much fantasy fiction since I was a teenager, I wouldn't have looked to that quarter for inspiration, but I found this this essay at Energy Bulletin fascinating
For those of you who have been living under a rock these last few years, Lord of the Rings is an epic story by English don J.R.R. Tolkien; it is set in an imaginary world peopled by fairy-tale beings and beset by demonic evil. At least once a year I re-read it, enchanted by the tautly-told tale of small, stout-hearted people who, though perpetually on the brink of disaster, manage to snatch an improbable victory in the face of overwhelming odds though courage, loyalty, stealth and guile. By no means the least of their strengths is that they inhabit a higher moral plane than their terrible enemy. Thus when I learned of Peak Oil a few months ago, it was all very familiar.

I have no doubt that we humans are on the brink of a great change, or perhaps even a great disaster. As in Tolkien's book, the world as we know is coming to an end, for better or worse. Within my lifetime, what is left of it, most of what I have grown to know, if not love, will pass away, forever. I may not survive this change. You may not. Nothing is certain. On one side lies disaster, on the other only hope: Gandalf's `fool's hope' perhaps, but hope nonetheless and while there is hope we must struggle and perhaps, just perhaps, we will come at last, if not to the Quays of Avallone in the Undying Lands then to our warm and comfortable Hobbit-hole in the Shire.

The whole thing at this link.

Petrocollapse: Last minute promotion

For those of you in or near New York City, don't forget about the Petrocollapse Conference on Wednesday, Oct 5. Payment is on a sliding scale, so if you can't afford the $100 VIP tickets, no problem. Call in sick and come anyway!

This conference features some speakers that haven't yet appeared everywhere else:

And, if you're lucky, you might get to meet me and peakguy! But if you can't come, peakguy and I will have a round-up of the events hopefully by the end of the week.

Monday Open Thread...

Because it's thread-a-licious...

Weekend Open Thread...

keepin' it real...