Sentences with phrase «at peak oil»

His recent book, Peaking at Peak Oil, is a superb summary.

We are not at peak oil yet but if we do not use more renewables we could be there within the next few decades so clean renewables are and will be very useful tech speaking and economically speaking but they will not replace all fossil fuels and not should they...

We are also at peak oil.

Many bright minds inside the industry think we are already at peak oil.

We really should also be looking at peak oil more seriously and how we currently use around 20 million barrels of oil each day in America.

He posits that not only are we at peak oil, but we are at peak energy.

Not exact matches

Transporting sand, drilling pipe, and crude oil furnished only 4.5 % of UP's volumes at the peak in 2014.

At its peak, in the spring of 2012, light oil at Edmonton was trading at a discount of almost $ CDN 40 per barrel to Brent prices, and at a discount of almost $ CDN 20 / barrel to U.S. mid-continent priceAt its peak, in the spring of 2012, light oil at Edmonton was trading at a discount of almost $ CDN 40 per barrel to Brent prices, and at a discount of almost $ CDN 20 / barrel to U.S. mid-continent priceat Edmonton was trading at a discount of almost $ CDN 40 per barrel to Brent prices, and at a discount of almost $ CDN 20 / barrel to U.S. mid-continent priceat a discount of almost $ CDN 40 per barrel to Brent prices, and at a discount of almost $ CDN 20 / barrel to U.S. mid-continent priceat a discount of almost $ CDN 20 / barrel to U.S. mid-continent prices.

On June 16, 2014, Brent crude oil peaked at $ 116 a barrel.

Neither cut was a particular surprise: Buffett had previously said he erred in buying Conoco at a peak price for oil (though now, of course, the commodity's rising price is putting a different cast on the investment) and he had publicly protested Kraft's 2010 purchase of Cadbury, which he thought not in the interests of Kraft's shareholders.

Even with oil prices still down by half from the peak, improvements in well development productivity have enabled US producers to make money at much lower oil prices.

And unlike with the oil industry, no «fracking» method has been invented yet to extract gold from hard - to - reach areas, though Barrick — the world's largest producer by output — has been experimenting with sensors at its Cortez project in Nevada.What Pierre is talking about, of course, is the idea of «peak gold.»

The stock peaked at over $ 40 in 2014 but dipped to around $ 20 as oil bottomed out this year.

For instance, they expect Brent crude to peak at $ 82.50 per barrel in July and copper to peak at $ 8,000 per ton in December, but they have forecast lower prices for both oil and copper in 2019.

But the playing field has changed significantly over the past two years, and U.S. producers are indeed able to make money at far lower oil prices than at the peak.

But oil is still far cheaper than at the peak of the previous eight - year boom that began in 2006 North Dakota's Bakken oil patch and supercharged the city of Williston.

U.S. oil production peaked in April at 9.6 million barrels per day, and since then oil imports have started to move up, jumping more than a half million barrels per day.

That is the lowest for both in at least a decade and down from $ 3.9 billion for metals and $ 5.6 billion for oil in 2008 when the commodity supercycle peaked.

Russia's economy grew at 7.2 % per year from 2000 to the peak of the global financial crisis in 2009, fueled by huge oil and gas revenues.

The Conference Board report also predicts direct employment at oil producers «will expand by just 2,150 net new positions» over the next four years, when it will reach «66,470 jobs, which is still below the 2015 peak» of 72,600 jobs.

Thanks mainly to rising oil prices, it kept going up well into the summer, when it peaked at 5.5 percent.

Oil demand will peak at 100 million barrels per day by 2020, dropping to 70 million barrels per day by 2030.

The crude oil ETF, which invests in futures contracts, trades near its 10 - year low price of $ 10.48 as of Oct. 18, 2017, after peaking at more than $ 100 on Jan. 1, 2008.

At its peak in the 1970s oil and natural gas accounted for nearly 70 per cent of the world's use of commercial energy.

I substituted honey for agave nectar, increased nutmeg to 1 1/2 tsp & separated eggs, stirred yolks with honey & oil (whipped whites to soft peaks & folded in at the end).

Yet, while president after president emphasised the importance of tackling the problem, US net oil imports kept rising, until they peaked in 2005 at about 12.5 million barrels of oil per day, 65 % of total US demand.

At 7 p.m., Astorino will attend and deliver remarks at the Independent Oil and Gas Association of New York Conference, Peek n» Peak Resort, 1405 Old Rd., ClymeAt 7 p.m., Astorino will attend and deliver remarks at the Independent Oil and Gas Association of New York Conference, Peek n» Peak Resort, 1405 Old Rd., Clymeat the Independent Oil and Gas Association of New York Conference, Peek n» Peak Resort, 1405 Old Rd., Clymer.

The fraction of crude oil consumed in the U.S. that was imported went from 35 % immediately before the 1973 oil crisis, peaked at 60 % in 2005, and then returned to 35 % by 2013 [7] thanks to increased domestic production [8] from the shale oil boom.

Second, German North Sea hydrocarbons output has always been minuscule in comparison to UK output: the former peaked in 2003 at around 40 thousand barrels of oil equivalent per day (KBOED) and is currently running at around 26 KBOED, whereas the latter peaked in 1999 at 4.6 million barrels of oil equivalent per day (MMBOED), and is currently running at around 1.4 MMBOED (i.e. thirty five times more than Schleswig - Holstein production at its peak).

* Foreign Reserves have peaked at $ 40b, the highest level in about four years, and up from $ 24 billion just a year ago, even though when we came in, the price of oil had crashed woefully.

In the face of the decline in North Sea oil and gas, the looming early likelihood of peak oil, and the UK's growing dependence on volatile African and Middle Easter state for its fuel, the government has no sure plan to prevent the lights going out at the end of this decade.

«Peak oil» embraced The modern biophysical economics movement may be relatively young, but the ideas at its roots are not.

Among the greatest concerns is that compounds in oil called polycyclic aromatic hydrocarbons (PAHs) could have long - term sublethal effects on marine organisms that were at the peak of their spawning season when the spill began.

It is difficult to find fault with at least its title, considering that the average price of oil over the preceding 10 years was $ 28 a barrel but rose to $ 45 over the ensuing decade to reach a peak of almost $ 150 in 2008.

By contrast, the US Department of Energy, usually optimistic, predicts total US shale oil production will peak at just 1.3 mb / d in 2027.

«At its peak in production, which occurred in 1970s, the U.S. produced about 10 million [barrels of oil] a day,» Kaufman says.

At its peak this month, there were almost 1200 fires burning across Indonesia — most of them lit illegally to clear land for palm oil and timber.

Charles Hall, a professor at the State University of New York who researches energy and wealth, in graph after graph showed that almost every oil - producing country has reached its peak of oil production.

They peaked in 1973, before the 1974 oil crisis, at the equivalent of 178 million tonnes of carbon.

Peak oil is the point at which the world's oil producers are drawing as much oil out of the ground as they will ever be able to.

Worse, after the supply crunch of 2008 that sent the price soaring to $ 147 per barrel and was widely mistaken for the global peak, the world is now swimming in oil once more, and the price languishes at around $ 50.

Exactly 50 years later, crude oil production peaked at 70 mb / d, and because it then made up the bulk of oil supply, this caused the temporary plateau of global oil production that helped pitch the global economy into recession.

At the start of this century, talk of peak oil flooded the energy debate.

A great choice for the summer when oily skin is at its peak, this product is a favorite of many in terms of efficiency to absorb oil and keep your skin looking fresh all day.

It is very crucial to check oil levels at regular intervals in order to keep the car performance at the peak level.

The optional Track pack for the 2015 Shelby GT350 adds an oil and transmission cooler to keep the GT350 at peak performance while on the track, along with a stiff front strut - tower brace.

The oil burner is tuned to produce 84 bhp at 3200 rpm and 230 Nm of peak torque and comes paired to the G - 28 5 - speed all - synchromesh manual transmission.

The BMW R1200GS is powered by a 1170cc air / oil cooled flat twin engine that produces a maximum power output of 110 BHP at 7750 RPM with a peak torque of 120 Nm at 6000 RPM, mated to a 6 - speed gearbox.

Opt for the oil burners, and you'll be looking at peak output between 190 horsepower for the 420d, and 313 horsepower for the 435d xDrive.

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