The Strange-But-True Story of Dr. Hubbert and Peak Oil (video)

I was invited to address the New Orleans Chapter of the Society of Independent Professional Earth Scientists (SIPES) on January 21, 2020.

The title of my talk was “The Man Who Would Be King: The Strange-But-True Story of Dr. Hubbert and Peak Oil.” I’d given this talk a few years ago at an industry luncheon in Lafayette, but with newly-updated data and a few new graphs, the story has come into sharper focus.

The audience on this occasion was mostly earth science professionals. In spite of moderate technical content, it should appeal to a broader audience as a tale of a forgotten slice of American history, radical politics, and the philosophy of growth and resource development.

A video of the presentation available at this link.

Sorry, I’m unable to embed the video. If you go to the website, scroll down until you find me.


Source: Maley's Energy Blog

Russia Still Elusive On Deeper OPEC+ Oil Production Cuts

Russia is still reviewing the recommendation of the OPEC+ technical panel for additional cuts of 600,000 bpd in response to the slump in oil demand over the coronavirus outbreak, Russian Energy Minister Alexander Novak said on Tuesday, as Moscow continues to avoid a direct comment on last week’s proposal that the OPEC+ coalition deepen the production cuts. Last week, the ...

Source: Oilprice.com

Chevron Ramps Up Oil Production In Venezuela

Chevron has boosted oil production at its joint venture with Venezuela’s PDVSA to the highest in almost a year, Bloomberg reports, adding that the Maduro government is considering giving foreign oil field operators more control over their joint business with PDVSA as a way of advertising Venezuela’s oil industry and increasing revenues. “The likely goal is to make it so ...

Source: Oilprice.com

About 13% of U.S. electricity generating capacity can switch between natural gas and oil

In 2018, 138 gigawatts (GW), or 13%, of the total operating electric generating capacity within the United States is made up of generators capable of switching between natural gas and petroleum liquid fuels, according to the U.S. Energy Information Administration's (EIA) most recent annual survey of electric generators. Fuel switching refers to a generator's ability to completely but temporarily replace one generation fuel source with another.

Source: EIA: Today in Energy