Heinberg talk reported in the North Bay Biz Journal
June 3, 2013
Post Carbon Senior Fellow Richard Heinberg’s recent talk on Navigating the New Economic Reality was reported in the North Bay Biz Journal.
From the article:
According to Mr. Heinberg, we are rapidly depleting cheap oil while some say we have 100 years of inexpensive natural gas and tar sands that could fill energy demand virtually forever.
However, prospectors today are going after lower-quality resources using slant drilling, cluster pad drilling and hydrofracturing techniques to glean oil from impermeable rocks. The problem is the high investment required to get it. Tar sands are another story.