Archive for the 'Hydrocarbon Depletion' Category

Gas Prices Increase, Fuel Poverty Down?

Friday, February 17th, 2006

Well what do you know, gas prices are up again. The BBC report:
22% rise from British Gas (about 55% of market)
14.7% rise from EDF (London Energy, Seeboard and SWEB)
15% rise from Scottish Power (UK’s 5th largest supplier)
This of course shouldn’t come as a surprise to anyone reading this but there are a few […]

EU Commission Responds to Peak Oil Question

Sunday, February 12th, 2006

Last month I wrote about the question submitted to the EU Commission by Green Party MEP Caroline Lucas where she asked directly about the Commissions position regarding peak oil. The reply describes early peaking as “no more than a theory” and as such the Commission has no plan to address it.
Here is the full […]

Economic Warning from the Archives

Monday, January 30th, 2006

The BBC reported today what could be regarded as little more than a political historic curiosity but when considered against the situation we find ourselves in now makes an interesting point. Previously secret governments papers, released under the 30-year rule illustrate the then concern within government for a devolved and potentially independent Scotland. […]

Kuwaiti Reserve Reverse

Friday, January 20th, 2006

Today we receive the incredible news that Kuwait’s oil reserves may actually only be half what they are said to be. The Reuters article says:

Kuwait oil reserves only half official estimate-PIW
OPEC producer Kuwait’s oil reserves are only half those officially stated, according to internal Kuwaiti records seen by industry newsletter Petroleum Intelligence Weekly (PIW).
“PIW […]

MEP Demands EU Statement on ‘Peak Oil’

Wednesday, January 18th, 2006

This is an encouraging development. Green Party MEP Caroline Lucas has directly asked the EU Commission:
“What is the Commission’s position on this debate? When does the Commission anticipate that peak production will occur? What is its strategy for responding to the challenges posed by peak oil?”
Very rarely do we see prominent environmentalists raising the […]

French Nuclear Contribution

Tuesday, January 17th, 2006

Nuclear power is often touted as a solution for fossil fuel depletion with France held up as a shining example as what can be done. An example of a country successfully running on nuclear power, proving for all the world to see, how viable nuclear is. I thought I’d better look at the […]

Mexico’s Pemex Press Release

Monday, December 12th, 2005

A quick update to last week’s story about Mexico’s Cantarell super giant oil field peaking. An 8th Dec 2005 press release from Pemex the Mexican national oil industry has confirmed that they expect Cantarell to have peaked and for production to decline from this point forward:
La estimación de nuestros modelos para predecir la producción […]

Energy Information Administration Forecast

Saturday, December 10th, 2005

Have we, the hydrocarbon depletion aware folk of this world got it wrong? Is it reasonable to think that this small band of retired geologists, academics, amateurs and energy enthusiasts have a clearer idea of what’s going on in the world than the prestigious governments and energy agencies? Someone once suggested to me […]

Word from Mexico

Saturday, December 3rd, 2005

Although Vital Trivia has been mainly concerned with hydrocarbon depletion from a UK perspective, as we really do have ringside seats for the main attraction with our indigenous oil, gas and coal extraction rates simultaneously collapsing as reserves deplete and our nuclear power stations reaching the end of their lives, today we turn our attention […]

Launch of Independent Energy Scrutiny Panel

Tuesday, November 29th, 2005

On Wednesday 23rd I attended the Oil Supply Summit at the Palace of Westminster chaired by John Hemming MP. The meeting was attended by representatives from the Chemical Industries Association (CIA), National Farmers Union (NFU), Energy Institute (EI), Ofgem, New Energy Foundation (NEF) and Powerswitch with the aim to review the fossil fuel situation […]