- 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.
Thursday, April 4, 2013
Thursday Links
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2 comments:
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.
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?
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