What is Peak oil?
"The term Peak Oil refers to the maximum rate of the production of oil in any area under consideration, recognising that it is a finite natural resource, subject to depletion."
--Colin Campbell
Der Spiegel: “Full Throttle Ahead: US Tips Global Power Scales with Fracking”
Submitted by Kjell Aleklett on Wed, 2013-02-06 22:15.
In the German in issue 5/2013 (January 28, 2013) of DER SPIEGEL you can read about fracking, shale gas and shale oil from a European horizon. The article is translated to English and presented in Spiegel Online International with the title “Full Throttle Ahead: US Tips Global Power Scales with Fracking”. When you read it you should also look at the “Photo Gallery: Natural Gas Boom Redistributes Global Power”, the Video Special (intro, part 1, part 2, part 3, part 4 – you cannot come to part 2 to 4 from the article) and the Info Graphic Galley: America Steps on the Gas.
I will not make any comments just now. I think that you should read, see and listen and ask your self – what more do I need to know? Don’t forget the flaring.
If you like to discuss this article and related articles you can go to Aleklett’s Energy Mix.
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