<p>English summary: Total has agreed to present on my blog its scenario on world future oil production. No peak oil in sight according to Total, provided the industry puts on stream 45 Mb/d in the next 15 years. How can this tremendous task may be achieved ? Huge uncertainties remain in this unpublished scenario. </p>

<p>Digest: The BP Statistical Review has the merit of releasing every year free and convenient updated historical data on energy. This data is recopied from what is reported by national agencies, avoiding diplomatic conflicts. Despite the heterogeneity of the data, the report displays a ridiculous high number of digits, in contradiction with the real accuracy of the sources.

<p><span class="inline inline-left"><img src="http://www.energybulletin.net/sites/default/files/images/ASPO -USAlogo80.jpg" alt="" title="" class="image image-thumbnail" width="80" height="80" /></span>A weekly roundup of peak oil news, including:<br />
-Oil and the global economy<br />
-The Middle East<br />
-India's power grid<br />
-Kurdistan<br />
-Quote of the week<br />
-Briefs</p>

<p><span class="inline inline-left"><img src="http://www.energybulletin.net/sites/default/files/images/ODAC.thumbnail.JPG" alt="" title="" class="image image-thumbnail" width="100" height="45" /></span>US oil and gas reserves grew faster than at any time in the past 35 years according to figures released this week by the EIA.

<p>-Big Oil and Gas industry writing down billions in U.S. shale gas assets<br />
-EPA finds remaining water safe in famous fracking town<br />
-Shale gas drilling depths argue against Pennsylvania’s Marcellus<br />
-The Real Story Behind the Fracking Debate</p>
<p><a href="http://www.energybulletin.net/stories/2012-08-01/shale-gas-aug-1">read more</a></p>

<p>-Saudis, Emirates push nuclear power plans<br>-No easy substitutes for fossil fuels<br>-BP Statistical Review 2012 Part 2 Australia proved oil reserves overreported by a factor of 2</p>
<p><a href="http://www.energybulletin.net/stories/2012-07-31/energy-july-31">read more</a></p>

<p>-Frackers Fund University Research That Proves Their Case<br />
-Doing Some Math on Fracking Propaganda<br />
-Industry money and questionable ethics contaminate UT Austin fracking study<br />
-Nationwide Mutual Declines to Cover Fracking<br />
-U.S. calls New York anti-drilling lawsuit premature</p>

<p>- Peak Oil Reloaded (1/2)<br />
- « Nier l’imminence du pic pétrolier est une erreur tragique », dit l’ancien expert pétrolier de l’AIE<br />
- Nicole Foss: The Guardian Is Ignoring The Critical Paradox Of Peak Oil<br />
- How Many Years Of Oil Do We Have Left To Run Our Industrial Civilization, Keeping In Mind That Oil Is A Resource And Has An Economical End?<br />
- Europa am Peak

<p><span class="inline inline-left"><img src="http://www.energybulletin.net/sites/default/files/images/shutterstock-ostrich-donkey-feat.thumbnail.jpg" alt="" title="" class="image image-thumbnail" width="100" height="60" /></span>Evidently growing public concern about the inevitable decline in world oil production has rankled some powerful people, who’ve been knotting their ropes in search of a b

<p><span class="inline inline-left"><img src="http://www.energybulletin.net/sites/default/files/images/ODAC.thumbnail.JPG" alt="" title="" class="image image-thumbnail" width="100" height="45" /></span>This week saw further confirmation that all is not well in the shale gas industry as ExxonMobil CEO Rex Tillerson admitted "We are all losing our shirts today."..."We're making no money.

<p>At some point personal behavior changes aren’t enough. To become sustainable, we need large-scale investments, which require capital. How can we get access to the financial tools necessary to build a sustainable world? The answer may be through public banking, and one state, North Dakota, points the way.</p>

<p>- The Potential Upside of Captivity<br />
- The Death of Petro-State Risk<br />
- Is Peak Oil Dead?<br />
- Dave Cohen: Should We Still be Concerned with Peak Oil?</p>
<p><a href="http://www.energybulletin.net/stories/2012-06-26/peak-oil-june-26">read more</a></p>

<p><span class="inline inline-left"><img src="http://www.energybulletin.net/sites/default/files/images/ODAC.thumbnail.JPG" alt="" title="" class="image image-thumbnail" width="100" height="45" /></span>Oil prices plunged to less than $89/barrel this week, an eighteen-month low, amid deepening economic gloom.

<p><span class="inline inline-left"><img src="http://www.energybulletin.net/sites/default/files/images/ODAC.thumbnail.JPG" alt="" title="" class="image image-thumbnail" width="100" height="45" /></span>This week saw the release of the annual BP statistical energy review. In the words of the press release 2011 was a year of "disruptions to supplies and ever-increasing demand".

<p><span class="inline inline-left"><img src="http://www.energybulletin.net/sites/default/files/images/ODAC.thumbnail.JPG" alt="" title="" class="image image-thumbnail" width="100" height="45" /></span>Fears that Spain may be heading for a bailout, weaker than anticipated US growth, and signs that China is not about to embark on any major fiscal stimulus saw oil prices drop again sharply on Wedne