Investing in Precious Metals 101 Ad

Tag Archives: shale gas

  • Insider
    Shutterstock

    Off The Cuff: Twilight In The Desert Has Begun

    An oil engineer's dark take on the Ghawar oil field decline
    by Adam Taggart

    Tuesday, April 9, 2019, 4:45 PM

    6

    In this week's Off The Cuff podcast, Chris and Art Berman discuss:

    • Is the Ghawar oil field truly in decline?
    • If so, what are the implications?
    • What other important revelations does the Saudi Aramco prospectus contain?

    In the light of the huge surprise contained in the recent Saudi Aramco prospectus, that Saudi Arabia's massive Ghawar “crown jewel” conventional oil field is in decline (currently at a maximum output of 3.8 million barrels per day vs the previous estimate of 5.8mbd), we rushed to interview seasoned petroleum geologist Art Berman on the news.

    Is he as concerned about the revelation as we are?

    Yes. In fact, he suspects the 3.8mbd is likely still an overly-exagerrated figure, and that the field's true max output is even lower.

    In his estimation, the fiction the world has been telling itself — that Peak Oil isn't real — is about to be rudely disproven. The recent (and much more expensive) shale bonanza will prove to be a short-lived distraction, and we'll soon be face-to-face with the predicament of how to power the global economy with less net energy.

    Click to listen to a sample of this Off the Cuff Podcast or Enroll today to access the full audio as well as all of PeakProsperity.com's other premium content.

    Enroll Now
    Or Sign In with your enrolled account.

    Read More »

  • Blog
    Shutterstock

    The Shale Oil Revolution Actually Reflects a Nation in Decline

    Faster consumption + no strategy = diminished prospects
    by Chris Martenson

    Friday, January 11, 2019, 4:48 PM

    11

    For several decades now the US has been getting its energy policy very badly wrong.  It's so short-sighted, and rely so heavily on techno-optimism, that it barely deserves to be called a 'policy' at all. 

    Which is why we predict that in the not-too-distant future, this failure to plan will attack like a hungry wolfpack to bite down hard on the US economy’s hamstrings and drag it to the ground.

    Read More »

  • Podcast

    Art Berman: The Coming Moonshot In Oil Prices

    Today's low prices mask an approaching supply crunch
    by Adam Taggart

    Sunday, July 3, 2016, 1:47 PM

    23

    In spite of the recent low prices for oil and natural gas, an energy supply crunch is looming warns geological consultant Arthur Berman.

    Berman's perspective should not be lightly dismissed: he has 37 years of experience in petroleum exploration and production with 20 of those years at Amoco (now known as BP). He has published more than 100 articles and reports on geology, technology and the petroleum industry during the past five years –more than 20 of those focused on the shale industry including the Barnett, Fayetteville, Haynesville, Bakken and Eagleford plays.

    Read More »

  • Blog
    Peak Prosperity

    Shale Oil – Crash Course Chapter 21

    Expensive. Over-hyped. And short-lived.
    by Adam Taggart

    Friday, November 14, 2014, 11:38 PM

    4

    If you've watch the previous video chapter on Peak Cheap Oil, you may be wondering how any of that could be still be true given all the positive recent stories about shale oil and shale gas , many of which have proclaimed that “Peak Oil is dead”.

    The only problem with this story is that it is misleading in some very important ways. And entirely false in others.

    Read More »

  • Insider
    nikkytok/Shutterstock

    The Trouble With Natural Gas

    The current 'bonanza' isn't nearly as good as promoted
    by Chris Martenson

    Tuesday, August 26, 2014, 12:56 AM

    20

    One of the areas where there's an overblown amount of overtly politicized and outrageously propagandized information is shale natural gas (NG).

    The US, for obvious geopolitical reasons, would love to supply Europe with NG and cut out Russia. But as we'll soon see, the basic facts just don't back up that desire just yet.

    Enroll Now
    Or Sign In with your enrolled account.

    Read More »

  • Blog
    JRMurray76/Shutterstock

    Reality-Optional Economics

    Cockamamie Stories Infecting the Body Politic
    by JHK

    Wednesday, July 9, 2014, 5:10 PM

    7

    The total tonnage of economic malarkey being shoveled over the American public these days would make the late Dr. Joseph Goebbels (Nazi Minister of “Public Enlightenment and Propaganda”) turn green in his grave with envy. It’s a staggering phenomenon because little about it is conspiratorial; rather, it’s the consensual expression of a public that wants desperately to believe things that are untrue, and an economic leadership equally credulous, unmanned, and avid to furnish the necessary narratives that might preserve their jobs and perqs.

    Read More »

  • Blog
    Oleg Yarko/Shutterstock

    US Gas Will Never Replace Russian Gas For Europe

    Economically & energetically implausible
    by Chris Martenson

    Friday, April 18, 2014, 8:10 PM

    32

    Recent entreaties by various US politicians to help wean Europe off of Russian gas are simply preposterous.  The numbers don't add up, and they never will.

    Let's begin with the facts:

    Read More »

  • Daily Prep
    Screen Capture: http://shalebubble.org/the-map/

    Interactive Fracking Map

    Dynamic mapping resource for visualizing fracking locations
    by Jason Wiskerchen

    Tuesday, April 30, 2013, 8:12 PM

    0

    A great resource for visualizing and determining where the big gas fracking plays are occurring and help you determine what places may meet your overall homestead and resiliency building needs.  It is always good to know where growth and development are taking place and what impacts they might have in your long-term planning and quality of life. 

    http://shalebubble.org/the-map/

    Read More »

  • Blog

    The Really, Really Big Picture

    There isn't going to be enough net energy
    by Chris Martenson

    Wednesday, January 16, 2013, 1:54 AM

    54

    [Many longtime followers of the Crash Course have asked Chris to update his forecasts for Peak Oil in light of the production increases in shale oil and gas over recent years. What started out as a modest effort at clarification morphed into a much more massive 3-report treatise as Chris sifted through mountains of new data that ultimately left him more convinced than ever we are facing a global net energy crisis despite misguided media efforts intended to convince us otherwise. His reports are being released in series over the next several weeks; the first installment is below.]

    There has been a very strong and concerted public-relations effort to spin the recent shale energy plays of the U.S. as complete game-changers for the world energy outlook.  These efforts do not square up well with the data and are creating a vast misperception about the current risks and future opportunities among the general populace and energy organizations alike.  The world remains quite hopelessly addicted to petroleum, and the future will be shaped by scarcity – not abundance, as some have claimed.

    This series of reports will assemble the relevant data into a simple and easy-to-understand story that has the appropriate context to provide a meaningful place to begin a conversation and make decisions.

    Read More »

  • Blog

    Daily Digest 12/20 – Iceland Offers Economic Lessons for Ireland, Retail Hit by Show Chaos, Gas Prices Quadruple in Iran

    by DailyDigest

    Monday, December 20, 2010, 4:00 PM

    0
    • Seoul Unveils Levy on Banks’ Foreign Debt
    • Iceland Offers Economic Lessons For Ireland
    • Shops Hit By Snow Chaos And Panic Buying
    • Success of Appliance Rebate Program Raises Questions about Environment, Economy
    • Emergency Unemployment Benefits Reauthorized
    • Cuts in Subsidies Quadruple Gas Prices in Iran
    • Will Shale Gas Turn Out To Be An Energy Sink?

    Crash Course DVDOwn the Crash Course Special Edition Set with Presenter’s Pack (NTSC or PAL)

    Read More »