le 21 mars à 12 h 30.
L'Osmose Université de Moncton
Parrainé par :
Grand Moncton Post Carbone
Réserve de biosphère de Fundy
ACORN
Le réseau d’action de la sécurité alimentaire du N.-B.
L’Université de Moncton
Aucun frais d'admission
+++
March 21 at 12:30 pm.
L'Osmose Université de Moncton
Co-sponsored by:
Post Carbon Greater Moncton
Fundy Biosphere Reserve
ACORN
NB Food Security Network
L’Université de Moncton
No admission fee
3.07.2010
'Peak Oil Demand,' Yes... But Not the Nice Kind
Why There Will Be No Recovery
By Chris Nelder
Friday, March 5th, 2010 (source: www.energyandcapital.com)
When oil crossed $120 a barrel for the first time in May 2008, oil cornucopians knew they were in trouble...
Prices had quadrupled in just five years, yet had failed to bring new production online. Regular crude had flatlined around 74 million barrels per day (mbpd). The case for peak oil was looking stronger with every new uptick in crude futures.
The following month, prominent peak oil critic and cornucopian Daniel Yergin of IHS-CERA changed his stance: The peak oil threat would be neutralized by peak demand. Gasoline consumption had peaked in the U.S. and Europe, he argued, due to the combined effects of increasing efficiency, biofuels, and the recession.
In 2009 the peak demand story seemed confirmed, as prices stabilized around $70 in June, and U.S. consumption remained well off its previous high. Most people thought the nearly 2 mbpd decline in U.S. petroleum demand from 2007 through 2009 owed to efficiency and people driving less.
In reality, only about 15% owed to reduced gasoline demand. The other 85% was lost in the commercial and industrial sector: jet fuel, distillates (including diesel), kerosene, petrochemical feedstocks, lubricants, waxes, petroleum coke, asphalt and road oil, and other miscellaneous products.
Very simply, when oil got to $120 a barrel it cut into real productivity, and forced the world's most developed economies to shrink. At $147, it wreaked serious damage.
Full article here
By Chris Nelder
Friday, March 5th, 2010 (source: www.energyandcapital.com)
When oil crossed $120 a barrel for the first time in May 2008, oil cornucopians knew they were in trouble...
Prices had quadrupled in just five years, yet had failed to bring new production online. Regular crude had flatlined around 74 million barrels per day (mbpd). The case for peak oil was looking stronger with every new uptick in crude futures.
The following month, prominent peak oil critic and cornucopian Daniel Yergin of IHS-CERA changed his stance: The peak oil threat would be neutralized by peak demand. Gasoline consumption had peaked in the U.S. and Europe, he argued, due to the combined effects of increasing efficiency, biofuels, and the recession.
In 2009 the peak demand story seemed confirmed, as prices stabilized around $70 in June, and U.S. consumption remained well off its previous high. Most people thought the nearly 2 mbpd decline in U.S. petroleum demand from 2007 through 2009 owed to efficiency and people driving less.
In reality, only about 15% owed to reduced gasoline demand. The other 85% was lost in the commercial and industrial sector: jet fuel, distillates (including diesel), kerosene, petrochemical feedstocks, lubricants, waxes, petroleum coke, asphalt and road oil, and other miscellaneous products.
Very simply, when oil got to $120 a barrel it cut into real productivity, and forced the world's most developed economies to shrink. At $147, it wreaked serious damage.
Full article here
3.01.2010
2.10.2010
La fin du pétrole : catastrophe ou bienfait? avec Tim Moerman.
Lieu : Bibliothèque publique de Moncton
Date : le jeudi 18 février 2010
Heure : 12 h à 13 h
Coming soon: English presentation with Tim Moerman “The End of Oil: Catastrophe or Blessing?”
Date : le jeudi 18 février 2010
Heure : 12 h à 13 h
Coming soon: English presentation with Tim Moerman “The End of Oil: Catastrophe or Blessing?”
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