Thursday, August 22, 2013

‘Peak Car’…It’s All Downhill From Here

There have been a number of recent research reports addressing the notion of ‘Peak Car’ – whether driving has peaked per person in the US. So here are a bunch of interesting tidbits and nuggets I have gleaned from the reports ‘A New Direction‘ and ‘Has Motorization in the US Peaked?’, as well as an update on miles driven….it’s all downhill from here.

Pedal to the Metal

–From the end of World War II to 2004 (known as ‘the Driving Boom’), Americans drove more miles nearly every year
–The driving boom coincided with the Baby Boom -  a bubble of those born between 1946 and 1964
–By 2004, the average American was driving 85% more miles than in 1970
–Between 1980 and 2010, freeway capacity (measured in lane-miles) expanded by 35%

Hitting The Brakes

–The peak driving age group is that of 35-54 year-olds
–The total number of 35-54 year-olds is set to tail off by the end of this decade
–Meanwhile, the share of the population of those 65 and older is set to increase dramatically by 2040


–In 1980, the age group of 65 and older made up 11% of the population. By 2040 this share is expected to reach 21%
–By 1992, 90% of the driving age population could drive, but by 2011 this had fallen to 86% – the lowest level in 30 years
–In 2011, 67% of 16-34 year-olds had a license, the lowest level since at last 1963
–Inflation-adjusted gasoline prices have doubled in the last decade
–Young people aged 16 -34 drove 23% fewer miles in 2009 than in 2001
–From 2001 – 2009,  the number of passenger miles traveled by those aged 16-34 on public transport increased 40%
–Americans took nearly 10% more trips via public transportation in 2011 than in 2005

Driving It Home

–The absolute number of cars peaked in 2008, at 236.4 million
–This translates to nearly 2 vehicles per household, over 1 car per licensed driver, and 0.75 vehicles per person

–Although ‘The Great Recession‘ is likely to blame for the drop-off in vehicles since 2008, a growing population (increasing 11% from 2011 to 2025) means we will likely see a higher number of vehicles on the road in the future

Conclusion

–Although we may not have peaked in terms of total vehicles in the US, we have likely peaked in terms of ‘Peak Car’ – aka miles driven per person
–Whether this slow-down is due to telecommuting, changing demographics, higher fuel costs, online shopping, or increased use of public transport, the evidence points to a turning tide in terms of miles driven:

Thanks for playing, and keep on trucking…or don’t, as the case may be…


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*Lead Software Testing Manager (El Segundo, CA)

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Line Cook (Valencia)

Breakfast, Lunch and Dinner Menu. You must have experience.

All candidates must be: friendly, outgoing, self-motivated and team players. Please have reliable transportation.

We are looking for long-term employment with future candidates with the opportunity to grow within the company.

Breakfast and dinner cooks needed! Must have endurance, the ability to move fast and experience in a fast-paced kitchen. We are looking for cooks with a passion for cooking and pride in presentation. We want our cooks to have free-range of making daily lunch and dinner specials... so be creative! There is plenty of room to grow in this company, so show us what you've got!

If you fit into the above positions by meeting the requirements we are looking for, and would like to join a fun team, send us over your resume. Please COPY AND PASTE your resume into your inquiry; we will NOT open any attachments. Only apply if you meet the above requirements.
California Food handling card is needed. Posting ID: 3679442377

Posted: 2013-03-13, 3:24PM PDT

Edited: 2013-03-13, 3:24PM PDT

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Coiled Tubing Service Operator - Cudd Energy Services - Robstown, TX

The primary role of the coiled tubing service operator is to help with the operation of coiled tubing equipment, rig up and rig down equipment, perform maintenance of equipment, maintain and submit drivers' logs and time sheets in a timely fashion, and follow required safety and operational procedures.
Responsibilities: Promote and participate in all required safety, compliance and certifications programs. Participate in rig up of connection hoses and high-pressure iron equipment. Maintain all required log books and inspection reports. Complete pre- and post-trip inspections, and fuel and service units. Maintain assigned equipment and perform daily inspections to ensure compliance with operational and safety requirements. Report all operational deficiencies to supervisor and maintenance personnel. Proficiently perform equipment inspection and maintenance as requested and complete paperwork. Operate equipment in accordance with company procedures. Monitor well control parameters and calculations before and during job applications. Follow proper rig-up and rig-down procedures. Maintains general housekeeping, clean up, repair, and preparation of equipment for the next job. Practice safe driving procedures when travelling to and from locations. Participate in required company training and service line career development training.

Qualifications:
Skills: Excellent communication, technical writing, and public speaking skills Able to be on call 24/7 when scheduled to work Willing to work long hours Able to pass DOT physical and drug screen Able to understand and carry out routine oral and written instructions Able to lift 50 pounds on a regular basis Safely operate, maintain, and perform minor repairs on equipment Maintain effective working relationship with other employees
Education: High School Diploma or equivalent General knowledge of the oil and gas industry
Certifications: Class "A" CDL license with hazmat endorsement, and a satisfactory driver record with no DWI convictions within the past three (3) years or current DWI charges
Environment: The coiled tubing service assistant will work in a physically demanding role, often under harsh environmental conditions.
Cudd Energy Services - 17 hours ago - save job - block

Energy is the key to growth for Key Energy Services, one of the US's largest well-servicing and workover companies. The company provide...

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Entry - Level Office Assistant (Inglewood, CA)

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Deep-water drilling expansion will strain workforce, study says

Chevron's Tahiti platform (Simone Sebastian/Houston Chronicle) Chevron’s Tahiti platform (Simone Sebastian/Houston Chronicle)

Global spending on deep-water wells will surge to $114 billion by 2022, compared to $43 billion last year, creating a critical need for offshore rig workers, according to a new analysis by Wood Mackenzie.

Deep-water markets are expanding rapidly, the research and consulting firm notes, projecting a 150 percent jump in the number of exploration, appraisal and development wells drilled by 2020. It also projects expansion of Arctic drilling by the end of the decade, though Arctic wells will remain a fraction of all wells drilled — just three percent through 2022.

Recruiting: Energy company hopes video game will help fill long list of job openings

“To meet the forecasted well demand, the fleet will require 95 additional deep-water rigs to be constructed between 2016 and 2022, representing $65 billion of investment,” Malcolm Forbes-Cable, senior management consultant at Wood Mackenzie and author of the study, in a written statement. “This will require the longest period of deep-water rig construction to date, representing a change for the deep-water sector from cyclical to sustained growth.”

The Future of Global Deepwater Markets report projects rig contractors will need to expand their payrolls by 37,000 workers over the next decade to meet demand for rigs. That’s an impossible target to meet under the current rate of recruitment, Wood Mackenzie says.

Subsea: Feds hope more rigs will become reefs with policy revisions

The analysis notes that deep-water projects have become central to growth plans for many international oil companies, but that creates challenges for budget constraints, risk management and human resources.

“Deepwater has accounted for most of the discovered volumes during this time, but this has not been without increasing technical and commercial challenges,” said Malcolm Forbes-Cable, Senior Management Consultant at Wood Mackenzie and author of the study.

Also on FuelFix:

Shell is moving mountains for deep-water Gulf oil

Shell's Olympus platform prepares for Gulf journey

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System Administrator (Security Expert)

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