I didn't pick up on this a few days ago, but it appears to signal a major change of tactics by our planet's largest oil producer, Saudi Arabia. According to EV World, King Abdullah has ordered some newly discovered, smaller oilfields to be left untapped for future Saudi generations, and he has also effectively put a cap on oil exports at 12.5 Million barrels per day.
"This is likely to result in an earlier occurrence of global peak oil output than many consumers yet recognize."
"the geologic oil supply constraints that we are feeling in many other parts of the world are going to close in on us earlier and more severely than we previously thought."
Genuine 'Peak Oil' may, or may not, have already been reached, depending upon whose data you consider, but it looks as if 'tactical' Peak Oil is definitely already here. With fuel prices currently at record highs, and some oil futures already trading at above $130, expect a rough ride ahead.
So, the big question is, what will come first - the £5 loaf of bread or the £10 gallon of fuel?
Junkk.com promotes fun, reward-based e-practices, sharing oodles of info in objective, balanced ways. But we do have personal opinions, too! Hence this slightly ‘off of site, top of mind' blog by Junkk Male Peter. Hopefully still more ‘concerned mates’ than 'do this... or else' nannies, with critiques seen as constructive or of a more eyebrow-twitching ‘Oh, really?!' variety. Little that’s green can be viewed only in black and white.
Showing posts with label FUEL. Show all posts
Showing posts with label FUEL. Show all posts
Thursday, April 24, 2008
Monday, June 18, 2007
Vivoleum - made for the people by the people.
Ashes to ashes? Perhaps that should be Oil to Oil?
This is absolutely hilarious – it has to be one of the best stunts ever pulled on the Big Oil fraternity. See Daily Kos - Vivoleum .
It does, however, have some potentially serious undertones – they couldn’t really be thinking of making a replacement fuel out of human carcasses ……… could they?
Shades of Soylent Green ….. but this time as a fuel rather than as feedstuff?
This is absolutely hilarious – it has to be one of the best stunts ever pulled on the Big Oil fraternity. See Daily Kos - Vivoleum .
It does, however, have some potentially serious undertones – they couldn’t really be thinking of making a replacement fuel out of human carcasses ……… could they?
Shades of Soylent Green ….. but this time as a fuel rather than as feedstuff?
Monday, March 26, 2007
H2 Oh... yeah!
I am again grateful to Dave of Solarventi for this encouraging notion on Hydrogen.
This is a fuel I have some significant faith in, IF it can be produced to a reasonable enviROI.
There is also the small matter of reduction. As water, in the form of vapour, is still a greenhouse gas, I don't want to find we substitute one man-made exhaust pollutant for another, no matter how seemingly benign it may be.
This is a fuel I have some significant faith in, IF it can be produced to a reasonable enviROI.
There is also the small matter of reduction. As water, in the form of vapour, is still a greenhouse gas, I don't want to find we substitute one man-made exhaust pollutant for another, no matter how seemingly benign it may be.
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