New energy extraction methods are touted as an answer to high oil prices, Cobb writes, but they more closely resemble emergency measures designed to forestall an inevitable decline in the world's fossil fuel resources.
The notion that the world will never run out of oil is misleading, writes Kurt Cobb. The real issue is about the rate of oil production.
Burning all the US's landfill waste would provide an extra 33 gigawatts – the equivalent of 33 large electricity generating plants, says Philipp Schmidt-Pathmann, founder of Zero Landfill Initiative. Could trash help power the future?
California has been abuzz for the past couple of years about the prospect of vast new oil wealth supposedly ready for the taking in the Monterey Shale. But new estimates appear to bolster the view that the US shale oil boom will peter out by the end of this decade, Cobb writes.
If President Obama fails to approve the Keystone XL pipeline soon or rejects it outright, the Canadians may challenge the delay or rejection under the provisions of the North American Free Trade Agreement (NAFTA), Cobb writes. This move opens up a politically attractive option on Keystone XL.
US crude oil exports have been offered as a way to help Ukraine and Europe wean off Russian oil as tensions rise in Ukraine. But exporting US oil would do little abroad and have a perverse impact domestically, Cobb writes, leading to greater US imports of foreign oil.
The notion that oil is becoming abundant all over again is contradicted by the levitating price, Cobb writes, and by the evidence that actual worldwide crude oil production is either flat or growing at an infinitesimal rate.
The Ukraine crisis has led many to call on the US to use its growing oil and natural gas production to help Ukraine and Europe wean itself off Russian energy. There's one very big problem with this view, Cobb writes: The US is still a net importer of both oil and natural gas.
Most of us think of ammonia as a pungent household cleaning agent that disinfects and deodorizes, Cobb writes, but ammonia can also be used as a carbon-free, relatively safe form of fuel.
As we develop a renewable-energy economy powered by clean-energy technologies, we must in the meantime find ways to cut down on resource consumption, Cobb writes. Car sharing and other elements of the 'shareable economy' can help.
The hydraulic fracturing and horizontal drilling used to extract oil from shale deposits is supposed to glut the world with oil and drive down the price. The record so far is not compelling, Cobb writes, and talk of an American energy renaissance is essentially baseless.
There are many, many things that the public and policymakers know for sure about energy that just ain't so, Cobb writes. Here are seven alternative takes on conventional energy wisdom for 2014.
When Royal Dutch Shell pulled the plug on its US gas-to-liquids project recently, the company said it was because it saw opportunities elsewhere. But abandoning the gas-to-liquids plant speaks much more loudly about shale gas than what Shell is saying in public, Cobb writes.
The practiced confidence of oil and gas industry executives, captive Wall Street analysts and fake think tank academics has convinced the public that there is nothing to worry about when it comes to America's energy future, Cobb writes. But, the realities of our energy situation suggest that we should have little confidence in such pronouncements, especially given their self-interested nature.
The oil age may not be over yet, Cobb writes, but projections of shale gas and oil fueling US energy independence are vastly overblown. We are wasting precious time being lulled to sleep by the oil optimists when we should be preparing for a post-peak-oil world.
Thirty years of oil-shale failure suggests that such a development remains far off, Cobb writes. And, in a world that is trying to wean itself from fossil fuels because of climate change and the risks of depletion, time may run out unless more realistic technologies are developed.
Keystone pipeline protests are aimed at highlighting the need to address the causes of climate change by reducing our use of carbon-based fuels, Cobb writes. But advocating for a carbon tax might be a better way to spur innovation in energy efficiency and renewable energy production.
Concerns over future supplies of oil and gas are often met with a 'They'll-think-of-something' mentality, Cobb writes. But the only sensible response to the looming possibility of depleted resources is to begin reducing our energy use now in earnest.
Buzz is building around a deposit of oil in Texas that some in the oil industry say is the largest deposit in the world. It's no surprise then that the industry is trotting out the America-as-the-new-Saudi-Arabia theme once again, Cobb writes, a theme that many have shown to be pure bunkum.