The Oil Drum

Last updated
The Oil Drum
OwnerInstitute for the Study of Energy and Our Future (a 501(c) organization)
Created byProfessors Kyle Saunders and Dave Summers
URL www.theoildrum.com
CommercialNo
LaunchedMarch 2005 (2005-03)
Current statusCeased publishing August 31, 2013 (2013-08-31); Archives available
Content license
CC-BY-SA icon orange.svg Attribution-ShareAlike 3.0 United States

The Oil Drum was a website devoted to analysis and discussion of energy and its impact on society that described itself as an "energy, peak oil & sustainability research and news site". [1] The Oil Drum was published by the Institute for the Study of Energy and Our Future, a Colorado non-profit corporation. [2] The site was a resource for information on many energy and sustainability topics, including peak oil, and related concepts such as oil megaprojects, Hubbert linearization, and the Export Land Model. The Oil Drum had over 25 online contributors from all around the globe. In 2013, the site ceased publishing new articles. As of October 2016, the site continues to function as an archive.

The Oil Drum was rated one of the top five sustainability blogs of 2007 by Nielsen Netratings, [3] and was read by a diverse collection of public figures, including Roscoe Bartlett, [4] Paul Krugman, [5] James Howard Kunstler, [6] Richard Rainwater, [7] and Radiohead. [8] In 2008, the site received the M. King Hubbert Award for Excellence in Energy Education from the U.S. chapter of the Association for the Study of Peak Oil and Gas (ASPO). [9]

The Oil Drum was started in March 2005 by Kyle Saunders (username "Prof. Goose"), a professor of political science at Colorado State University, and Dave Summers (username "Heading Out"), a professor of mining engineering at Missouri University of Science and Technology (then known as University of Missouri-Rolla). [10] The site first rose to prominence following its coverage of the impact of Hurricanes Katrina and Rita on oil and gas production. [11] [12] The staff grew by dozens and became well known for rigorous, quantitative analysis of energy production and consumption. [13] A notable example is former editor Stuart Staniford's analysis of the depletion of Saudi Arabia's Ghawar oil field (Depletion Levels in Ghawar). [14]

The site started out on the Blogger platform, moved to Scoop in August 2005, and to Drupal in December 2006. [15]

In 2013, The Oil Drum announced that it would stop publishing new content and would turn into an archive resource. Reasons cited for this change include server costs and a dwindling number of contributors of high-quality content. [16]

Related Research Articles

The Hubbert curve is an approximation of the production rate of a resource over time. It is a symmetric logistic distribution curve, often confused with the "normal" gaussian function. It first appeared in "Nuclear Energy and the Fossil Fuels," geologist M. King Hubbert's 1956 presentation to the American Petroleum Institute, as an idealized symmetric curve, during his tenure at the Shell Oil Company. It has gained a high degree of popularity in the scientific community for predicting the depletion of various natural resources. The curve is the main component of Hubbert peak theory, which has led to the rise of peak oil concerns. Basing his calculations on the peak of oil well discovery in 1948, Hubbert used his model in 1956 to create a curve which predicted that oil production in the contiguous United States would peak around 1970.

<span class="mw-page-title-main">Ghawar Field</span> Oil field in Saudi Arabia

Ghawar is an oil field located in Al-Ahsa Governorate, Eastern Province, Saudi Arabia. Measuring 280 by 30 km, it is by far the largest conventional oil field in the world, and accounts for roughly a third of the cumulative oil production of Saudi Arabia as of 2018.

<span class="mw-page-title-main">M. King Hubbert</span> American geologist (1903–1989)

Marion King Hubbert was an American geologist and geophysicist. He worked at the Shell research lab in Houston, Texas. He made several important contributions to geology, geophysics, and petroleum geology, most notably the Hubbert curve and Hubbert peak theory, with important political ramifications. He was often referred to as "M. King Hubbert" or "King Hubbert".

<span class="mw-page-title-main">Hubbert peak theory</span> One of the primary theories on peak oil

The Hubbert peak theory says that for any given geographical area, from an individual oil-producing region to the planet as a whole, the rate of petroleum production tends to follow a bell-shaped curve. It is one of the primary theories on peak oil.

<span class="mw-page-title-main">Peak oil</span> Point in time when the maximum rate of petroleum extraction is reached

Peak oil is the theorized point in time when the maximum rate of global oil production will occur, after which oil production will begin an irreversible decline. The primary concern of peak oil is that global transportation heavily relies upon the use of gasoline and diesel fuel. Switching transportation to electric vehicles, biofuels, or more fuel-efficient forms of travel may help reduce oil demand.

<span class="mw-page-title-main">Colin Campbell (geologist)</span> British petroleum geologist (1931–2022)

Colin J. Campbell was a British petroleum geologist who predicted that oil production would peak by 2007. He claimed the consequences of this are uncertain but drastic, due to the world's dependency on fossil fuels for the vast majority of its energy. His theories have received wide attention but are disputed and have not significantly changed governmental energy policies at this time. To deal with declining global oil production, he proposed the Rimini protocol.

<span class="mw-page-title-main">Richard Heinberg</span> American journalist and educator (born 1950)

Richard William Heinberg is an American journalist and educator who has written extensively on energy, economic, and ecological issues, including oil depletion. He is the author of 14 books, and presently serves as the senior fellow at the Post Carbon Institute.

Oil depletion is the decline in oil production of a well, oil field, or geographic area. The Hubbert peak theory makes predictions of production rates based on prior discovery rates and anticipated production rates. Hubbert curves predict that the production curves of non-renewing resources approximate a bell curve. Thus, according to this theory, when the peak of production is passed, production rates enter an irreversible decline.

The Rimini Protocol is a proposal made by the geologist Colin Campbell. It is intended to stabilise oil prices and minimise the effects of peak oil. It is named after the XXIX. Annual Conference The Economics of the Noble Path: Fraternal Rights, the Convival Society, Fair Shares for All of the Pio Manzù International Research Centre in Rimini, Italy on 18-20 October 2003, where Campbell presented his idea of an oil depletion protocol. A few months later, he published together with Kjell Aleklett, the head of the Uppsala Hydrocarbon Depletion Study Group, a slightly refined text under the name Uppsala Protocol.

<span class="mw-page-title-main">Ali Morteza Samsam Bakhtiari</span>

Ali Morteza Samsam Bakhtiari was an Iranian author and oil expert employed by the National Iranian Oil Company (NIOC). He held a number of senior positions with this organization beginning in 1971. He was also an adviser to the Oil Depletion Analysis Centre.

<span class="mw-page-title-main">Hubbert linearization</span>

The Hubbert linearization is a way to plot production data to estimate two important parameters of a Hubbert curve, the approximated production rate of a nonrenewable resource following a logistic distribution:

Peak gas is the point in time when the maximum global natural gas production rate will be reached, after which the rate of production will enter its terminal decline. Although demand is peaking in the United States and Europe, it continues to rise globally due to consumers in Asia, especially China. Natural gas is a fossil fuel formed from plant matter over the course of millions of years. Natural gas derived from fossil fuels is a non-renewable energy source; however, methane can be renewable in other forms such as biogas. Peak coal was in 2013, and peak oil is forecast to occur before peak gas. One forecast is for natural gas demand to peak in 2035.

Peak coal is the peak consumption or production of coal by a human community. Peak coal can be driven by peak demand or peak supply. Historically, it was widely believed that the supply-side would eventually drive peak coal due to the depletion of coal reserves. However, since the increasing global efforts to limit climate change, peak coal has been driven by demand. This is due in large part to the rapid expansion of natural gas and renewable energy. As of 2024 over 40% of all energy sector CO2 emissions are from coal, and many countries have pledged to phase-out coal.

Terry Backer, born Terrance Eddy Backer, was an American politician who served in the Connecticut House of Representatives from 1993 until his death in 2015.

<span class="mw-page-title-main">Predicting the timing of peak oil</span>

Predicting the timing of peak oil involves estimation of future production from existing oil fields as well as future discoveries. The initial production model was Hubbert peak theory, first proposed in the 1950s. Since then, many experts have tried to forecast peak oil.

<span class="mw-page-title-main">Sustainability measurement</span> Quantitative basis for the informed management of sustainability

Sustainability measurement is a set of frameworks or indicators used to measure how sustainable something is. This includes processes, products, services and businesses. Sustainability is difficult to quantify. It may even be impossible to measure as there is no fixed definition. To measure sustainability, frameworks and indicators consider environmental, social and economic domains. The metrics vary by use case and are still evolving. They include indicators, benchmarks and audits. They include sustainability standards and certification systems like Fairtrade and Organic. They also involve indices and accounting. They can include assessment, appraisal and other reporting systems. The metrics are used over a wide range of spatial and temporal scales. For organizations, sustainability measures include corporate sustainability reporting and Triple Bottom Line accounting. For countries, they include estimates of the quality of sustainability governance or quality of life measures, or environmental assessments like the Environmental Sustainability Index and Environmental Performance Index. Some methods let us track sustainable development. These include the UN Human Development Index and ecological footprints.

Peak minerals marks the point in time when the largest production of a mineral will occur in an area, with production declining in subsequent years. While most mineral resources will not be exhausted in the near future, global extraction and production has become more challenging. Miners have found ways over time to extract deeper and lower grade ores with lower production costs. More than anything else, declining average ore grades are indicative of ongoing technological shifts that have enabled inclusion of more 'complex' processing – in social and environmental terms as well as economic – and structural changes in the minerals exploration industry and these have been accompanied by significant increases in identified Mineral Reserves.

Ugo Bardi is a professor of physical chemistry at the University of Florence.

Escape from Suburbia: Beyond the American Dream is a 2007 Canadian documentary film written and directed by Gregory Greene, as a sequel to Greene's film The End of Suburbia, and set to address what is termed "the upcoming energy crisis". Through interviews with individuals, Gregory Greene outlines potential solutions to the coming energy crisis.

References

  1. "The Oil Drum". Twitter. Institute for the Study of Energy and Our Future. Retrieved 28 September 2018. A web-based/interactive energy, peak oil & sustainability research and news site; hosted by the nonprofit 501c3 Institute for the Study of Energy and Our Future
  2. "Support The Oil Drum". The Oil Drum. 2009-04-22.
  3. "ONLINE CONSUMERS CALL FOR GREATER TRANSPARENCY IN STRATEGIES FOR ENVIRONMENTAL SUSTAINABILITY, ACCORDING TO NIELSEN ONLINE" (PDF) (Press release). Nielsen Online. 2008-03-31.
  4. Bartlett, Roscoe (2008-02-28). "Congressional Record: PEAK OIL" (PDF). Archived from the original (PDF) on 2008-07-30.
  5. Krugman, Paul (2008-04-19). "Commodity prices: Deja vu all over again". New York Times . …the peakers I read…
  6. Kunstler, James Howard. "Jim Kunstler's Forecast 2007". Archived from the original on 2008-06-20. …the web's best oil debate site…
  7. Ryan, Oliver (2005-12-26). "The Rainwater Prophecy". Fortune. Reference appears in print version only; corroborated by http://allfinancialmatters.com/2005/12/20/read-what-richard-rainwater-reads-oil-blogs/ .
  8. "DEAD AIR SPACE". Radiohead. Archived from the original on 2007-08-16.
  9. "2008 ASPO-USA Peak Oil Conference Proceedings" (PDF).
  10. "Staff Biographies". The Oil Drum.
  11. Vallance, Chris (2005-08-29). "Up All Night Pods and Blogs program summary". BBC Radio 5 Live.
  12. Maciulis, Tony (2005-09-22). "Connected: Coast to Coast: What's on the show Wednesday". NBC News.
  13. Lavelle, Marianne (2008-01-07). "Beyond the Barrel: The Oil Drum: $100 a Barrel Quickens the Beat". U.S. News & World Report.
  14. Hamilton, James D. (October 2007). "Running Dry". Atlantic Monthly.
  15. "Software upgrade". The Oil Drum. 2008-12-25.
  16. "The Oil Drum | an End to Eight Years of the Oil Drum".