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Peak Oil and Public Transport. ABC TV Stateline (WA), Dec 4th 2009. Story featuring Dr Jim Buckee, past President and CEO of Talisman Energy, ASPO, public transport, WA Minister for Transport
Brisbane Courier Mail summary of Macquarie and Guardian stories below (21 November 2009)
The UK Guardian: Nov 9th 2009
http://www.guardian.co.uk/environment/2009/nov/09/peak-oil-international-energy-agency
The world is much closer to running short of oil than official estimates admit, according to a whistleblower at the International Energy Agency who claims it has been deliberately underplaying a looming shortage for fear of triggering panic buying.
The senior official claims the US has played an influential role in encouraging the watchdog to underplay the rate of decline from existing oil fields while overplaying the chances of finding new reserves.
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The Peak of the Oil Age - analyzing the world oil production Reference Scenario in World Energy Outlook 2008 by ASPO President Prof Kjell Aleklett and a team including Adelaide's Michael Lardelli
Just published, this paper details the errors in IEA analysis and their 25% overestimates of future oil production, as outlined in Prof Aleklett's tour of Australia in June. "In total, our analysis points to a world oil supply in 2030 of 75 Mb/d, some 26 Mb/d lower than the IEA predicts".
IEA output forecasts are 'outside reality': In a direct shot at the most widely followed estimates of future oil flows, a leading peak oil proponent said the International Energy Agency's supply projections are significantly inaccurate
The IEA World Energy Outlook 2009 was released in London 10th November. It offers nothing much new about oil production, and repeats the unsubstantiated claims made in WEO-2008, that are refuted clearly and simply by the Uppsala Global Energy Systems Group (above). They do provide free the chapter from WEO-2008 about global oil field decline rates. (here)
Peak oil expected in 2009: Macquarie
Spare capacity of 5.2 million bpd will be wiped out by 2012, Australian bank saysLONDON — Reuters Sep. 16, 2009 Peak oil supply will be hit this year after the economic crisis and low prices in the first quarter of 2009 slashed much needed investment, a senior executive at Australian investment bank Macquarie said.
“This is our view – capacity has pretty much peaked in the sense that declines equal new resources,” Iain Reid, head of European oil and gas research at Macquarie, told Reuters. (this was covered in North America papers, but not in Australia)
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Prof Kjell Aleklett heads the Global Energy Systems group in the Department of Physics at the University of Uppsala, and he is President of ASPO-International. He and his colleagues have published widely about Peak Oil and future oil supply forecasts, and about the rate of decline of giant oil field production. He was in Australia as a plenary speaker for the Supply Chain and Logistics Conference, SmartConference, in Sydney, June 10th 2009.
A highlight was the SmartConference workshop,(details below)
Sydney Morning Herald article "Highly vulnerable to oil shortages" (11th June)
Media alert here Media contacts welcome via Bruce Robinson 0427 398 708
( or Bruce dot Robinson at ASPO-Australia dot org dot Au )
His plenary lecture was entitled "Future Transportation Fuels: Business-as-usual is not an option" (download)
University of Adelaide public seminars: 10 am June 5th , and 5pm June 5th
Canberra June 9th. Departmental briefing at BITRE (download ) and a public Senate committee inquiry hearing (investment in public transport) download , Hansard transcript
Public forum: Peak oil by 2012? Will Sydney’s transport system cope? Professor Aleklett, spoke about peak oil and forecasts for supply (download ). Dr Garry Glazebrook (UTS) outlined the transport needs of the greater Sydney region (download ) and Councillor McInerney presented transport plans for the City of Sydney (June 11th at UTS)
Recent papers and articles from Prof Aleklett and the Global Energy System group
IEA output forecasts are 'outside reality': In a direct shot at the most widely followed estimates of future oil flows, a leading peak oil proponent said the International Energy Agency's supply projections are significantly inaccurate. Platts Conference, Geneva 28th May 2008
Peak-Oil and the Evolving Strategies of Oil Importing and Exporting Countries:
Facing the hard truth about an import decline for the OECD countries (actual OECD PDF version)
European Conference of Ministers of Transport,
Joint OECD/ECMT Transport Research Centre September 2007
Fossil motor fuels around 2050
Abstract of paper to be presented at the Royal Swedish Academy of Sciences international energy symposium, Energy2050, to be held on 19-20 October 2009
Giant oil field decline rates and their influence on world oil production
Mikael Höök, Robert Hirsch & Kjell Aleklet Energy Policy, June 2009, 2262-2272
Oil production limits mean opportunities, conservation
Oil & Gas Journal 21st August 2006
In the face of looming oil production shortfalls, all individuals as well as nations as a whole will have to use less oil. And now is the time to begin developing programs accommodating the need for less oil. The coming shortage could provide excellent opportunities for those able to identify them and act strategically.
Mikael Höök (completing a PhD with the Global Energy Systems Group) gave a valuable presentation to the "Managing Risks in Oil and Gas Exploration Forum", Amsterdam, 4th June.
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The Senate inquiry into Public Transport has been holding hearings around Australia.
Details of the inquiry, lists of submissions on the Senate website etc here.
ASPO-Australia made a main submission, one from ASPO-Sydney and one from the Defence and Security working group. We were invited to appear at the Perth hearing (Hansard)
As well there were individual submissions from Dave Kilsby, Garry Glazebrook, Alan Parker and Matt Mushalik (with the prize for the biggest submission, 18MB), and from the Cycling Promotion Fund and Prof. Peter Newman amongst the 142 published so far
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We have prepared a submission to Infrastructure Australia.
Download the full report: Peak Oil and Australia's National Infrastructure: Submission to Infrastructure Australia.
The Executive Summary is reprinted below.
Executive SummaryWorld oil production is at or near its historic peak and will most likely begin to decline within several years. Net exports of oil available on the world market have probably entered a decline that will continue more steeply than the declining rate of production. Compounded by the impact of geopolitical circumstances, extreme weather events and other economic trends, the decline in oil availability will see dramatically increasing and highly volatile oil and fuel prices, oil supply shocks and impacts on economic growth, employment, demographics and transport patterns.
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Executive Summary: http://www.iea.org/weo/docs/weo2008/WEO2008_es_English.pdf
Key graphics: http://www.iea.org/weo/key_graphs_08/WEO_2008_Key_Graphs.pdf
Press release: http://www.iea.org/Textbase/press/pressdetail.asp?PRESS_REL_ID=275 .
As a result of all the leaks and pre-release publicity, the actual release has not attracted as much notice as it deserves.
The New York TImes had covered the pre-release of the Executive Summary of the IEA World Energy Outlook 2008 :
The global economic slump that has curbed energy demand and pushed oil prices down in recent months may provide only a short-lived respite for consumers, according to the world’s top energy forecaster. The International Energy Agency, which advises industrialized nations on energy policy, warned on Thursday that the supply shortfalls that pushed oil prices into triple-digit territory this year are far from resolved, and could lead to a new period of high prices.
The IEA asked us (10th November) to remove our copy of the Executive Summary which was released on Thursday 6th November but not made publicly available in spite of media reports to the contrary. The formal release for the full report was Wed 12th November (links above)
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Jeremy Gilbert, previously Chief Petroleum Engineer for BP worldwide, visited Australia. He gave a presentation to the Municipal Association of Victoria, (1st October) and the keynote address to the Fuelling Food conference at the University of Western Australia (3rd October). He gave a seminar at UWA on 6th October, "Reserves Growth, the Myth in the Peak Oil Debate".
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ASPO-Australia has written to Prof Garnaut, suggesting that much more consideration be given to oil depletion in the lead-up to the 2009 Copenhagen conference.
"We are deeply concerned that your Draft Report explicitly rejects the notion that oil depletion will constrain economic growth within the next 50 years despite very strong evidence to the contrary. In our view the resulting analysis, conclusions and policy recommendations are flawed and will probably exacerbate the climate change mitigation problem.
The purpose of this letter is to draw your attention to growing acceptance of oil depletion in the scientific community and even by the IEA in its revision of the energy forecasts and emissions scenarios in the forthcoming World Energy Outlook 2008, a document intended in large part to inform negotiations in Copenhagen. Our view is that this will substantially improve the prospects for an effective agreement around a target atmospheric CO2 concentration of 450ppm."
The full detailed letter to Garnaut (written by Stuart McCarthy in Brisbane) is available here.
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Pedro Prieto, of ASPO-Spain, has written to say the final program of the seventh ASPO conference is available at www.ASPO-Spain.org/ASPO-7 20th-21st October 2008
The theme of the conference is "From below ground to above ground" and more detailed information is available from the conference website above, and in the letter from Pedro Prieto below
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Peak oil - the trigger for global sustainability Ian Dunlop, Deputy Convenor, ASPO-Australia, (etc) ABC Radio "Ockham's Razor" presentation 27th July. Transcript and Audio available
http://www.abc.net.au/rn/ockhamsrazor/stories/2008/2313512.htm#transcript
Future oil shortages prominent in Customs forward planning document.
Main Trends to 2015 Availability of oil and oil-based fuels will become a critical issue http://www.customs.gov.au/webdata/resources/files/strategic_outlook.pdf
News Release, 25th July 2008
An attack on Iran could cripple Australia's transport
An attack on Iran could cripple Australia's transport, Bruce Robinson, Convenor of ASPO-Australia said. A third global oil crisis is very likely if Iran is attacked, as 20% of the world's oil is shipped through the narrow Strait of Hormuz. Iran also produces about 5% of the world oil (~4 M bbl/day).
A conflagration in the Persian Gulf could make a 30% reduction in petrol and diesel supplies, similar to WA's gas shortage, but with much more severe and widespread consequences.
In the 1973 and 1979 oil crises, Australia was shielded by Bass Strait production, but these fields have been in decline since 1985, and almost 80% of our petroleum products now come from imported oil. Australia is now exceptionally vulnerable to a sudden petrol and diesel shortage.
ASPO-Australia called on Foreign Minister Stephen Smith to caution Condoleeza Rice against any attack on Iran, because of its probable impact on Australia. We are not well prepared to handle a sudden petrol shortage. There are no adequate plans in place to allocate scarce fuel to those in greatest need. If there is petrol rationing, then we will also need to ration public transport, as it does not have enough spare capacity.
Contact Bruce Robinson 08-9384-7409 0427 398 708
Reference: Australian Institute of Petroleum http://www.aip.com.au/industry/supplyreliability.htm
In 2006-07, Australian refineries supplied around 75% of total Australian demand for petroleum products. That is, around 25% of product demand was met by imports. Around 70% of crude oil used in Australian refineries is imported (30% is from Australian oilfields). Australia exports a fair proportion of its oil production while importing other oil, so our overall net oil self-sufficiency is higher than the figures above, but we are very vulnerable in the short-term if imports drop.
The Sydney Morning Herald, one of the nation's leading papers, sums it up in a perceptive cartoon
CSIRO Future Fuels Forum released its report "Fuel for thought - The future of transport fuels: challenges and opportunities" at GM Holden, Melbourne on 11th July 2008.
Petrol tipped to hit $8 a litre by 2018 ABC News
A new report by the CSIRO has warned the cost of petrol could rise to as high as $8 a litre in the next 10 years. The Fuel for Thought study by the Future Fuels Forum says that would be the worst-case scenario if oil production does not keep up with increasing demand.
Petroleum engineer Phil Hart from the Australian Association for the Study of Peak Oil and Gas believes it will not be long before the demand for oil will outstrip supply. "Oil production has been essentially flat since 2005, and we have only another couple of years at this same sort of level of production before we start seeing oil production going into decline," he said.
Doctor John Wright from the CSIRO has told ABC's AM program the study also suggests that such an oil shock would have a greater impact than a carbon emissions trading scheme.
Media coverage naturally focussed on the $8/litre scenario, examples below
http://www.abc.net.au/news/stories/2008/07/11/2300646.htm
www.smh.com.au/news/national/petrol-to-hit-8-a-litre/2008/07/10/1215658037458.html
http://www.news.com.au/business/money/story/0,25479,24002278-5017313,00.html
http://www.thewest.com.au/aapstory.aspx?StoryName=496960
Phil Hart on ABC Stateline, http://www.youtube.com/watch?v=hk1HyUnZAgk
ASPO-Australia contacts for further comment, if needed
Phil Hart 0438 037 567
Convenor, Bruce Robinson 0427 398 708 08-9384-7409, Perth
Sydney David Bell, 0413 594 154 Ian Dunlop 0412 586 798
Brisbane Stuart McCarthy 0447 095 141
Adelaide Sam Powrie 0414 307 413
Preparing for the Petrol Droughts. An evidence-based approach
Peak Oil, and what we can do, a review. Bruce Robinson 11th July 2008
Global oil production is quite likely to halve by 2030, with the decline possibly starting very soon. A Federal Office of Oil Vulnerability and a National Oil Vulnerability Mitigation Strategy (as being prepared in Queensland) are essential urgent first steps for Australia. We need to collect and analyse the evidence on which to base future policies to reduce our oil vulnerability across all portfolios.
ASPO Australia spokesperson Phil Hart gave this speech at the launch of the report:
The Australian Association for the Study of Peak Oil congratulates CSIRO for leading the Future Fuels Forum and thanks all the participants for the constructive dialogue that led to this final report. We have all learnt new things along the way. I have been personally encouraged to hear of the many changes businesses have been making – there are more pro-active changes under way than even I realised.
2007 began with oil prices falling back to near $50 a barrel – because the speculators got it wrong. Many forum participants would have choked on a prediction of $8/litre early last year, but tight supply and the rapid increase in prices since then have given them courage to accept these dramatic model outcomes now. No one can know the precise future of oil prices, but such high figures reflect how hard it is to transform our cities and economies built on cheap oil when we are faced with declining oil production.
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The Peak Oil, oil crisis, and petrol rationing plans are topics that should have been on the agenda at the 2020 summit. Bruce Robinson, Convenor of ASPO-Australia, says that governments are ignoring the probability that global oil shortages will start to hit Australia in the next few years, just as our own production continues to decline. We could be facing a crippling oil trade deficit of $100 billion pa by 2015, four times the figure mentioned by Martin Ferguson, unless we can take serious steps to reduce our oil vulnerability. Many bnght people from the Australian Association for the Study of Peak Oil nominated for the summit, but none were selected.
ASPO is concerned that the threats that Peak Oil poses are being systematically ignored and there will be chaos if oil shortages hit Australia. We should plan well ahead for petrol droughts and oil crises, just as we do for cyclones and bushfires. Oil vulnerability assessment should be a routine risk management feature, not a rarity. The most probable date for Peak Oil is 2012 (+/- 5 years)
ABARE's determined forecasts of falling oil prices have been consistently wrong for five years, as it is geological limits that control oil production not economics. Economists do not realise that geological forces are more powerful than market forces. A random number generator would perform better than ABARE's forecasters. See graph at www.ASPO-Australia.org.au/References/Bruce/abare-mar-08.jpg
For more information contact Bruce Robinson 08-9384-7409 0427 398 708 or David Bell 0413 594 154
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The DVD is now available to buy from Aquila Productions.
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Transcript of an address given March 4 to the Brisbane Institute by the Honourable Andrew McNamara, Queensland Minister for Sustainability, Climate Change and Innovation.
I’d like to pay my respects to the traditional owners of the land on which we gather this evening.
I want to thank the Board of the Brisbane Institute for the invitation to address this gathering.
Tonight I want to talk about capital S Sustainability.
By that I don’t mean the usual narrow environmental concept of sustainability in agricultural production and land use.
I mean the future of our society, our economy and our environment; the
structure of our cities, their energy and water sources and demand
profiles; the treatment of these sources of our wealth; the imminent
peaking of world oil supplies; our use of finite resources like gas and
coal; and the way we dispose of those resources when we’re finished
with them.
I will begin by considering what sustainability means to me.

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Speech to Parliament
Ms Rachel Nolan MP - Member for Ipswich
13th March 2008
Ms NOLAN (Ipswich—ALP):
On Monday night in Ipswich two local engineers, Steve Posselt and
Stuart McCarthy, in conjunction with the Ipswich Chamber of Commerce
and Industry and Ipswich Green—an organisation of which I am a
cofounder—ran an Ipswich leaders forum to outline to the community the
serious challenge of sustainability.
Their timing could not have been better. Today the price of a barrel
of West Texas crude oil passed through the $US110 mark. This is the
highest price oil has ever reached, either in current or inflation
adjusted terms.
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Peak oil, prices, and supplies - Feb 8
-Branson warns that oil crunch is coming within five years -Tony Hayward: BP's straight-talking chief on evolution not revolution -Endless Oil: Peak...
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Beyond Copenhagen - Now what?
Are current corporate-dominated international institutions inadequate to the task...
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Peak Oil Review
A weekly roundup of peak oil news, including:
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Characterizing the incalculable
It is simply impossible to assign a clear, calculable probability to any scenario for climate change or future oil supplies....
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Entropy revisited
One way of looking at our current set of predicaments is that we've been on a binge, consuming energy considerably...
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