Thursday, April 4, 2013

Thursday Links

  • An on-the-ground report that is skeptical that Chinese "ghost cities" are actually ghost at all.  The website, Vagabond Journey, looks like an interesting resource generally.
  • Jim Hamilton has a retrospective at the peak-oil debate from around 2005.  He concludes that those of us saying that oil supply couldn't go much higher were a lot closer to the truth than those claiming there would be ample supply.
  • More Kim Jong Un sabre rattling.  Here's the Wiki page on him for background.
  • Japan goes big on quantitative easing.

2 comments:

Mitch Schindler said...

I first started learning about peak oil in May of 2005, by coincidence. At it's core, the theory was/is simply that the production of crude oil would peak and then decline. The chart in Jim Hamilton's post certainly shows a peaking trend since 2005, but it would be better if it went back more than 5 years previous (to 2000). This would more effectively demonstrate that the last 8 years are actually a peaking phenomenon within the context of, say, the last 50. He has Texas oil production going back that long, but global would be better, I think. Any chance you put up a historical chart of only global crude production? For me, that is what the peak oil theory is about.

sunbeam said...

Natural gas liquids can't be turned into gasoline or diesel?

I suspect they can, it just might be a good idea energetically.

That said is there a difference between natural gas liquids, and condensate that they collect from certain oil wells?