Richard Heinberg

Richard Heinberg is a senior fellow with the Post Carbon Institute and author of 11 books, including The End of Growth and, most recently, Snake Oil.

Climate & Energy

Why the Peak Oilers are still right

The oil and gas boom in the U.S. has some people arguing that we no longer need to worry about fossil-fuel supplies. Au contraire.

Is the global oil tank half-full, is it half-empty … or are we running on fumes?

Cross-posted from Post Carbon Institute. In his article in the New York Times Sept. 24, “Oil Industry Sets a Brisk Pace of New Discoveries,” staff reporter Jad Mouawad cites oil discoveries totaling 10 billion barrels for the first half of 2009. The Tiber field in the Gulf of Mexico alone accounts for four to six billion barrels of crude that may eventually find its way into the world oil system. Indeed, this year has seen discovery results that could end up being the best since 2000. But, the article notes, the new oil was expensive to find, it will be …

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