Production at the world’s oil fields will decline faster in coming years, putting more pressure on future oil supplies, the International Energy Agency said on Wednesday.
As current fields fade with age and the industry moves offshore and into smaller fields, decline rates will accelerate, the agency found, and more investment will be required to make [...]
1913 Intel
International Conflict, Western World Threats and Geopolitical Intelligence
IEA Says Fading Oil Production Threatens Supply
Posted by Matt in November 13th, 2008 | no comment
Published in Oil, Crunch, Decline Rates, Iea, International Energy Agency, New Oil, Oil Fields, Oil Production, Oil Supply, peak oil, Peak Year, Shortfall
China on brink of electricity shortfall
Posted by Matt in July 16th, 2008 | no comment
Published in China, Energy, Brink, China Provinces, Coal Prices, Coal Shortage, Dozens, Electricity Tariffs, Faces, Government Set, Losses, Peak Summer Season, Power Plants, Power Shortage, Shortfall
China faces its worst power shortage in at least four years as soaring coal prices and government-set electricity tariffs force dozens of small power plants to shut rather than face mounting losses.
Almost half of China’s provinces have started to ration electricity as the country enters the peak summer season, facing what analysts describe as its [...]
British planners feared tea shortage after nuclear attack
Posted by Matt in May 4th, 2008 | no comment
Published in Britain, Aftermath, British Tea, Contingency Planners, Dramatic Shortage, Hydrogen Bombs, Nuclear Attack, Radiation, Shortfall, Tea
Never mind the radiation: British contingency planners worried there would be a dramatic shortage of tea in the aftermath of a nuclear attack, recently declassified documents showed Monday.
The shortfall of the staple British beverage would be “very serious” if the country were to come under attack with atomic and hydrogen bombs, said according to a [...]
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