PCE To Investigate ‘Fracking’
Good news from the Parliamentary Commissioner for the Environment:28th March, 2012 PCE To Investigate ‘Fracking’ Initial scoping work being done on hydraulic fracturing (fracking) has been stepped up...
View ArticleFracking Benefits Overblown?
Why is it that oil and gas companies such as TAG Oil and Apache are so aggressively pursuing exploration of gas fields in New Zealand when US gas prices are at a 10 year record low of US$2.176 per...
View ArticleNew Zealand’s Potential for Oil Independence in an Uncertain World
Ever since United States oil production peaked in the 1970s there has been debate about the ability of North America to become self reliant by producing all its own oil. Fast forward forty years and...
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Predicting the Future: The Link Between Crude Oil Prices and Recessions
Prediction is a messy business at the best of times. It has a well known tendency to leave those with strong opinions on how the future will turn out looking silly when events inevitably play out...
View ArticleThe Reasons Why The Marsden Point Refinery Expansion May Not Happen
Interesting news surrounding plans to significantly extend refining capacity at Marsden Point has come to light. It appears that not everyone involved is as enthusiastic towards the plans as was first...
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Seven Myths Deniers Use To 'Debunk' Peak Oil, Debunked
Peak oil is a fact, not a theory. From US conventional oil production peaking in 1970 to global conventional oil production peaking in 2006 the figures are indisputable. Even institutions such as the...
View Article$365 Million Marsden Point Refinery Upgrade Approved
Shareholders voted on Friday to approve the $365 Million Marsden Point Refinery upgrade despite the rejection of the plans by two major oil companies. Sixty-five percent of investors voted in favour of...
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Peak Cycling?: Modern Bicycles Are Oil Hungry Beasts
I am a keen cyclist. When I lived in Vancouver last year I would cycle the seven kilometres to and from work six days a week during the warmer months. Unfortunately my job here back in New Zealand...
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Building Highways To Nowhere: Transport Planners Refuse To Acknowledge Peak Oil
James Henderson at The Standard has kindly given permission to syndicate this post - the original is found here.Holiday Highway Even Less AffordableThe case for the Puhoi to Wellsford Holiday Highway...
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Drill, Baby, Drill! More Drilling Doesn't Necessarily Mean More Oil
The United States has a problem. An oil problem. No matter how many wells are drilled oil companies just can't seem to raise production to anywhere near the figures required to reach the holy grail of...
View ArticleReview: Jeff Rubin on The End of Growth, Capilano University, Vancouver,...
Last night I went to see Jeff Rubin speak on his new book, The End Of Growth. As the former Chief Economist for CIBC World Markets he brings an intimate knowledge of financial markets and how they work...
View ArticleElectric cars will save us all (not)
James Henderson at The Standard has kindly given permission to syndicate this post - the original is found here.You know how, whenever someone points out that spending $12 billion on highways that make...
View ArticleBrace Yourself For The Next Global Recession: It’s Already Begun
The global economy is based on transportation networks that are propped up by cheap energy. Because of this we can be relatively certain that when demand for energy begins to fall that the economy is...
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Myth Busting The Polyannas 1: Roger Harrabin
From Dictionary.com:Pol·ly·an·nanoun1. an excessively or blindly optimistic person.adjective2. (often lowercase) Also, Pol·ly·an·na·ish. unreasonably or illogically optimistic: some pollyanna notions...
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The New Paradigm: Volatile Oil Markets
One of the many hypotheses put forward by peak oil theorists is that as the production of conventional oil peaks we will see increasing volatility in oil markets. The basic reason for this is that oil...
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Update - The New Paradigm: Volatile Oil Markets
It was kindly pointed out to me last week by erich, a commenter on my article at Energy Bulletin that the data set I had used had not been adjusted for inflation. I had originally argued that it...
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Running on Empty: Big Airlines in Big Trouble
I have a joke with a friend of mine that airline pilots are nothing but glorified bus drivers. As cynical as this may be, for the majority of us with regular jobs who fly economy air travel is...
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Mind the Gap: The Difference Between Brent and WTI
There is much talk in the media about “oil prices” especially when it begins to hurt consumers at the fuel pump. Prices are sometimes referred to as Brent crude or West Texas Intermediate (WTI) or...
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Don't Worry, There's Plenty of Oil
Reposted from Energy Bulletin. By Richard Heinberg. In recent months we've seen a spate of articles, reports, and op-eds claiming that peak oil is a worry of the past thanks to so-called "new...
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Oil Consumption & GDP Growth
The economy is getter better, isn’t it? It seems that no matter how hard the New Zealand government tries to convince us there are a range of statistics released from it’s own departments that pour...
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