Slashdot Mirror

Hugh Pickens writes "The NY Times reports that according to a report by the International Energy Agency, the U.S. will overtake Saudi Arabia as the world's leading oil producer by about 2017, will become a net oil exporter by 2030, and will become 'all but self-sufficient' in meeting its energy needs in about two decades — a 'dramatic reversal of the trend' in most developed countries. 'The foundations of the global energy systems are shifting,' says Fatih Birol, chief economist at the Paris-based organization, which produces the annual World Energy Outlook. There are several components of the sudden shift in the world's energy supply, but the prime mover is a resurgence of oil and gas production in the United States, particularly the unlocking of new reserves of oil and gas found in shale rock. The widespread adoption of techniques like hydraulic fracturing and horizontal drilling has made those reserves much more accessible, and in the case of natural gas, resulted in a vast glut that has sent prices plunging. The agency's report was generally 'good news' for the United States says Michael A. Levi, senior fellow for energy and environment at the Council on Foreign Relations, because it highlights the nation's new sources of energy but Levi cautions that being self-sufficient does not mean that the country will be insulated from seesawing energy prices, since those oil prices are set by global markets. The message is more sobering for the planet, in terms of climate change. Although natural gas is frequently promoted for being relatively low in carbon emissions compared to oil or coal, the new global energy market could make it harder to prevent dangerous levels of warming (PDF). 'The report confirms that, given the current policies, we will blow past every safe target for emissions,' says Levi. 'This should put to rest the idea that the boom in natural gas will save us from that.'" The folks over at The Oil Drum aren't quite so optimistic: shale reserves may have an abysmal EROI. And, of course, Global Warming is a liberal myth.

ColdWetDog writes "The Oil Drum (one of the best sites to discuss the technical details of the Macondo Blowout) is typically focused on ramifications of petroleum use, and in particular the Peak Oil theory. They run short guest articles from time to time on various aspects of energy use and policies. Today they have an interesting article on small nuclear reactors with a refreshing amount of technical detail concerning their construction, use, and fueling. The author's major thesis: 'Pick up almost any book about nuclear energy and you will find that the prevailing wisdom is that nuclear plants must be very large in order to be competitive. This assumption is widely accepted, but, if its roots are understood, it can be effectively challenged. Recently, however, a growing body of plant designers, utility companies, government agencies, and financial players are recognizing that smaller plants can take advantage of greater opportunities to apply lessons learned, take advantage of the engineering and tooling savings possible with higher numbers of units, and better meet customer needs in terms of capacity additions and financing. The resulting systems are a welcome addition to the nuclear power plant menu, which has previously been limited to one size — extra large.'"

Gooseygoose writes "The Pentagon revealed recently that Afghanistan has as much as $1 trillion in mineral wealth, a potential game changer in the ongoing conflict there. Many news outlets have picked up this story, some simply repeating the official talking points, while others raise serious concerns. Is this 'discovery' just hype, or will it truly alter the landscape of the Afghan war? Perhaps more importantly, can this mineral wealth (whether real or illusory) pave the way to a peaceful and prosperous Afghanistan, or is it more likely to drive geopolitical feedback loops that plunge the region further into turmoil?" Relatedly, Marc Ambinder wrote a few days ago in the Atlantic that the US had knowledge of vast mineral deposits in Afghanistan several years ago, giving the recent announcement the appearance of a PR campaign.

Gooseygoose writes with a link to this analysis by Boston University professor Cutler Cleveland. "Some reports in the media attempt to downplay the significance of the release of oil from the Deepwater Horizon accident by arguing that natural oil seeps release large volumes of oil to the ocean, so why worry? Let's look at the numbers." Read on for a few more stories on the topic of the Deepwater Horizon spill. theodp writes with some information on the remote-controlled efforts to stanch the oil's flow: "The work Tito Collasius does sounds a little like science fiction: Men on ships flicking joysticks that control robots the size of trucks as they rove miles beneath the sea in near-freezing depths no man could hope to reach. But BP's spill efforts rest in the hands of underwater remote-operated vehicle (ROV) pilots, who 'fly' the ROVs from command centers aboard ships, joysticks in hand and large banks of screens in front of them offering a view of the challenges they confront in the waters below. ROVs are typically used for commercial (as in the oil industry), oceanographic (science research and exploration), and military (mine reconnaissance and recovery) missions. If you're interested in joining Tito, training's available." Even if BP were to effect a perfect block for the oil, though, there's still quite a bit of it swirling in the Gulf — you've probably seen some gut-wrenching pictures of the affected wildlife. Reader grrlscientist writes "Some people claim that we should euthanize all oiled birds immediately upon recovering them. But I argue it is our ethical responsibility to protect, clean, and save these birds, even after they've been oiled, just as we should preserve and clean their habitats."

Engineer-Poet wrote a piece a few months back that focuses on electricity production; or rather how or what we will need to do to keep pace with people's demands while balancing that with environmental and economic impact. Lengthy but well-reasoned and good reading.

Prof. Goose writes, "This article is a comprehensive assessment of world oil exports, defined has the total amount of liquid hydrocarbons that are surpluses in producing countries. This assessment is made by projecting into the future fixed change rates that reflect current trends in liquids production and consumption in all countries where presently the difference between the two factors is positive. The outcome of this assessment is rather worrisome." Here is the money graph through 2020.

Prof. Goose writes, "This article is a comprehensive assessment of world oil exports, defined has the total amount of liquid hydrocarbons that are surpluses in producing countries. This assessment is made by projecting into the future fixed change rates that reflect current trends in liquids production and consumption in all countries where presently the difference between the two factors is positive. The outcome of this assessment is rather worrisome." Here is the money graph through 2020.

IamTheRealMike writes "Vinod Khosla, venture capitalist and co-founder of Sun, has a new obsession these days. Ethanol is the fuel touted by many as an alternative to dwindling oil stocks, but is it all it's cracked up to be? Whilst Khosla is an avid supporter of ethanol as an alternative fuel (video link) his optimistic views have been rigourously challenged by Robert Rapier, an oil industry insider who is also engaged in a quest to discover alternatives. Recently the two debated via phone the merits of an ethanol economy, and Mr Rapier has now written up a report of the debate. What will be powering our cars 10 years from now?"

IamTheRealMike writes "Vinod Khosla, venture capitalist and co-founder of Sun, has a new obsession these days. Ethanol is the fuel touted by many as an alternative to dwindling oil stocks, but is it all it's cracked up to be? Whilst Khosla is an avid supporter of ethanol as an alternative fuel (video link) his optimistic views have been rigourously challenged by Robert Rapier, an oil industry insider who is also engaged in a quest to discover alternatives. Recently the two debated via phone the merits of an ethanol economy, and Mr Rapier has now written up a report of the debate. What will be powering our cars 10 years from now?"