Rob's Blogeconomics
World Peak Oil
In my last post I wrote a bit about Canadian oil production vs. our proven reserves and gave some projections on how long our reserves might last. Our government says that our oil reserves will last 200 years, however I showed that that is subject to the fragile assumption that there will be no increase [...]
Canadian Peak Oil
One thing that interested me back in my university days was peak oil – the idea that at some point, our ability to produce oil will at some point peak and then decline. It seemed very logical to me that given a finite resource and an ever-increasing demand for it, we will eventually run out. [...]
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