Posted by: drgeophysics | July 1, 2016

USGS Assessment of seismic hazards from induced events and energy outlook forecasts

Sorry for the gap in posts!  Geophysics continues to be central to everything. Lately I’ve spent some time living in Berlin and continue working in the areas of induced seismicity and seismic monitoring.  I enjoyed Berlin, it is one of the world’s great cities, and Berlin reminded me somewhat of New York City in the 1980s.  What a place.

The USGS has released their hazard assessment for induced earthquakes in several key regions of the United States.  As usual they have excellent resources; check this URL: http://earthquake.usgs.gov/research/induced/

The Open File Report (OFR) (there never seem to be enough TLAs, Three Letter Acronyms in the world I guess) can be found here: https://pubs.er.usgs.gov/publication/ofr20161035

Seismic hazard communication is important.  This web-based insurance estimation (?) tool is really unexpected and does not incorporate the new induced database (it uses the older USGS seismic hazard assessment for natural events), but you might find the presentation interesting: http://temblor.net/

The downturn in the energy industry has also focused my attention on longer term guesses at the energy framework globally over the next couple of decades.

Having experienced directly the downturn of the 1980’s I think that this latest crash was just as bad.  The energy industry trends in booms and busts, but this was somewhat extreme given the desire of a major energy player to preserve market share.  The price of oil has probably stabilized, although the shale gale (vast amounts of natural gas and gas liquids resulting from horizontally drilling, hydrofracturing, and more accurate geophysical characterization) will probably continue to decrease the natural gas prices through this year.  BP had a couple of excellent web-based events.  Their energy outlook through 2035 documents can be found here: http://www.bp.com/en/global/corporate/energy-economics/energy-outlook-2035.html

If you wish to jump directly to their download pages for the Energy economics, statistical review use this URL: http://www.bp.com/en/global/corporate/energy-economics/statistical-review-of-world-energy/downloads.html

BP Magazine reduced this interesting outlook to 7 points at this URL: http://www.bp.com/en/global/corporate/bp-magazine/observations/outlook-explained-7-things-to-know-about-the-energy-future.html

On an unrelated topic I was shocked at the Brexit vote.  I’ll spare you the campy you tube videos about this, but honestly still cannot believe the outcome.   IHS and other groups have been trying to present and incorporate economic scenarios related to Brexit to energy professionals, but we are collectively off the map at this point.  There are so many questions that I was interested to note that CarbonBrief has summarized 94 unanswered questions related to energy policy and climate related to Brexit: Find their list here: http://www.carbonbrief.org/brexit-94-unanswered-questions-for-climate-and-energy-policy

On an unrelated (dogs!) topic, I enjoyed this idea greatly: http://m.caltech.edu/news/domesticated-wolves-may-have-given-humans-leg-conquering-early-world-269

The Atlantic article is charming imo; check it here: http://www.theatlantic.com/technology/archive/2012/05/humanitys-best-friend-how-dogs-may-have-helped-humans-beat-the-neanderthals/257145/

Hope you are enjoying the summer.

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Responses

  1. My pleasure! Thanks for your site.


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