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Petroleum’s end game, Part 1

May 09, 2019 by Denis Pombriant

Part 1 Evidence that we’ve reached Peak Oil, the limits of how much petroleum can be produced is everywhere if you know where to look. Any peak is followed by a fall and there’s evidence the decline has started. That’s why we need a new energy paradigm, a way to...

Hydrothermal Heat Mining

September 26, 2017 by Denis Pombriant

There are two general ways to mine heat—hydrothermal heat mining and Enhanced Geothermal Systems (EGS). For simplicity let’s look at hydrothermal heat mining here and EGS in a separate post. Hydrothermal heat mining’s modern uses for electricity generation from go back at least 100 years on every continent. Also, people...

Supply and demand

September 26, 2017 by Denis Pombriant

What happens when the supply of any product continues to dwindle is predictable? First prices rise because of simple supply and demand economics. If demand is not that elastic as is the case for energy, consumers will have to find ways to pay the price. Even when supplies dwindle and...