Peak Oil….Coda

One final word about peak oil. During my series last week I never reproduced an actual chart of peak oil, so here’s one now. The chart below is from former oil company executive Colin Campbell, and his method of constructing it is simple: he estimates oil production from every possible source, including future production from […]

Russia Plans Risk-Based Taxes for Oil Sector

The gradual depletion of the countryThe Financial Express

Oil’s Imminent Decline Will Impact Us All

What if the price of a gallon of gas goes to $5 within a few years? What impact would it have on your life? Would you still take vacations by car? Would you be able to afford your commute to work? What would the cost increase in heating and cooling your home do to your […]

Planet Destruction Shown in UN Atlas

An atlas of satellite photographs published by the UN environmental agency has exposed the physical damage wrought by the growing human population, including deforestation, retreating icecaps, dried seas, sprawling cities and pollution. UNEP said the book, One Planet, Many People, gives a clear illustration of major environmental changes that develop gradually over years without being […]

Audio from Mike Ruppert presentation on Peak Oil

Listen to last night’s talk with Mike Ruppert here!

Last night at the Northwest Neighborhood Cultural Center, Mike Ruppert gave a lively presentation to a packed audience about peak oil, global domination, 911 and the “inevitable” crash of the American economy. The presentation went on for approximately 3 hrs and ended with a 30 minute Q&A session after a brief intermission. The last few minutes of the presentation is missing (sorry) because I ran out of tape.

Below is the original audio from the event.

Audio

[Apparently, you need a pretty fast connection or it won’t work]

The Rising Cost of Oil

Rising oil prices have spooked the financial markets and threatened to put a brake on global economic growth. So what’s to be done? Should we be focussed on producing more oil or reducing our reliance on fossil fuel? Stephen Sackur talks to Claude Mandil, who as Executive Director of the International Energy Agency represents the […]

Peak Oil mitigation: Venezuelan style

Workers at Venezuela’s state-run oil company are preparing to take part, along with up to 5,000 troops, in a large-scale military exercise. Venezuela Hugo Chaves recently admitted that the US had refused to provide assistance with technology acquired by Venezuela before his rise to power in 1999, including F-16 aircraft. But he added that “friends […]

Japan Squeezes to Get the Most of Costly Fuel

Article describes how Japan is moving forward with a top-down plan to reduce fuel consumption at household levels. Readers of Collapse will not be surprised given Japan’s track record of pushing environmentally sound policies from above.

NYT

EIA’s Cook: Oil Price Has Seen Its Lows, Will Set New Record

Oil prices will set new record highs during the second half of the year, as demand growth chips away at spare production capacity and oil inventories until there isn’t enough to cover an unexpected supply hiccup, the U.S. Department of Energy’s top oil statistician said. In an interview late Thursday, John Cook, director of the […]

Peak Oil: Russian Style

The concept of peak oil is gathering strength. And evidence from Russia suggests that one way or another, the world’s number two oil producer is trying to provide substantive proof that the days of rising production are a thing of the past. The declining state of the Russian oil industry is not new. We’ve covered […]

Oil Crisis Film Takes Market Fears to Living Rooms

Think $55 a barrel oil is bad? Wait till a hurricane knocks out a U.S. pipeline and a port at the same time that militants are killing hostages in Saudi Arabia, sending oil prices over $150 a barrel. That’s the premise of “Oil Storm,” a television docudrama set to premiere in the United States on […]

Plenty of Time to Produce US Heating Oil for Winter – EIA

The U.S. refining industry has plenty of time to head off any shortage of heating oil next winter, an analyst with the federal Energy Information Administration said Thursday. “There’s certainly time to make up for any shortage,” said Doug MacIntyre, an analyst with the EIA, the statistics arm of the U.S. Department of Energy. The […]

Crude Oil Rises on Speculation of Supply Strain in Second-Half

Crude oil rose, heading for its biggest two-week gain since January, on speculation refiners may lack the capacity to produce enough heating oil for the northern hemisphere winter. Forecasts for more and stronger hurricanes than usual this year are also raising concern supplies may be disrupted, as they were last year by Hurricane Ivan, said […]

US DOE Fossil Energy Policy Advisor Resigns

Mark Maddox, the U.S. Department of Energy’s primary policy advisor on oil, coal and natural gas issues, announced his resignation Friday from the department. Maddox has served in the Office of Fossil Energy since 2003 as the principal deputy assistant secretary for fossil energy. Prior to that, Maddox served as a senior policy advisor to […]

OPEC Exports -290,000 B/D to June 18 Vs 4Wks Ago – Analyst

OPEC crude shipments are set to drop by 290,000 barrels a day according to spot and term oil tanker charters, a leading tanker tracker said Thursday. Exports of oil from the Organization of Petroleum Exporting Countries will hit 24.26 million b/d for the four weeks to June 18, compared with four weeks earlier, Roy Mason, […]

EU to Push OPEC Next Week for Oil Output Boost, Piebalgs Says

The European Union will urge the Organization of Petroleum Exporting Countries next week to boost production to prevent oil prices from doing more harm to Europe’s economy, said the EU’s top energy official. The EU will also seek to help European energy companies such as BP Plc raise investments in oil-producing nations when the 25- […]

BA says high oil prices will cost airlines

BRITISH Airways chief executive Rod Eddington today warned that the aviation industry could lose as much as

The ties that bind China, Russia and Iran

The military implementation of the George W Bush administration’s unilateralist foreign policy is creating monumental changes in the world’s geostrategic alliances. The most significant of these changes is the formation of a new triangle comprised of China, Iran and Russia.

Iraq War China Warning

Two years into the U.S.-led war against Iraq, and a year after it was officially declared over, the world remains unsure of the reasons why the war was launched in the first place. Initially, the threat of weapons of mass destruction (WMD) and the need to remove a tyrannical leader from power were considered a […]

Breaking Ice At Vladivostok

The June 2 meeting of foreign ministers of Russia, China and India in Vladivostok was a watershed event. They arrived specially for the occasion and did not meet on the sidelines of some international conference as one might have imagined. Energy and strategy dominated the discussion agenda, and for good reasons. The meeting might have […]

The Dragon and the Chrysanthemum

At first glance, the growing tension between China and Japan seems almost inexplicable. Massive anti-Japanese demonstrations in China over events that took place more than half a century ago? A heated exchange filled with mutual threats over an offshore petroleum field that Western oil companies think is not worth exploiting? Have a Shinto shrine and […]

Premier wants national debate over nukes (Australia)

THE nation’s longest-serving premier has pressed for a national debate on nuclear energy as an alternative to fossil fuels, to combat the catastrophic effects of global warming.NSW Premier Bob Carr said nuclear energy could be no more dangerous than burning coal to produce electricity.

Decades of drought predicted for southern Africa

Countries in the Sahel region of Africa will receive more rainfall and floods, while southern Africa will experience persistent drought in the coming decades, say researchers. James Hurrell of the US National Centre for Atmospheric Research and Martin Hoerling of the US National Oceanic and Atmospheric Administration say the changes are linked to temperature changes […]

India to double LNG imports, eyes $4 bln gas pipe

India hopes to sign a deal next week to double liquefied natural gas (LNG) imports and begin negotiations for a $4 billion gas pipeline from Iran, as the energy-hungry nation seeks to secure new supplies. When Mani Shankar Aiyar lands in Islamabad on Sunday, the first visit by an Indian oil minister to Pakistan in […]

Natural gas pipeline to link West Asia, Europe

Energy company leaders from five Asian and European countries have decided to jointly set up a firm to lay a pipeline for transporting natural gas from West Asia to Europe, Bulgaria’s newspaper the Monitor reported Friday. Oil and natural gas company leaders from Turkey, Bulgaria, Romania, Hungary and Austria have recently held a meeting in […]

Russia’s Reverberating Verdict

Undoubtedly, the Kremlin trusts it’s taught Russian oligarchs a lesson by singling out Mikhail Khodorkovsky – once the richest man in the country – for prosecution on tax and fraud charges, then this wekk sentencing him and his business partner to nine years in prison. The lesson is: Don’t use your wealth to challenge the […]

Brazil’s oil production hits new record

Brazil pumped a record 1.73 million barrels of oil a day in May and expects to reach self-sufficiency within a year, the federal oil company Petrobras said Thursday.  May output was 1.5 percent higher than in April and fully 21.1 percent more than a year earlier, Petrobras said. 

Indonesia fails to oil the pumps

Indonesia, the fourth-most populous country in the world, has been a net oil importer since 2004. After years of exploitation, crude oil output has steadily declined to current production levels of around 1 million barrels per day (bpd) and the country is currently unable to meet its OPEC (Organization of Petroleum Exporting Countries) output quota […]

Iraq’s other resistance

Oil workers in Basra are ready to fight privatisation (…) In maintenance too, the Iraqi workers have outmatched their private-company counterparts. Walking round the Basra refinery, I pointed to the creaking and rusty equipment and asked the manager whether there were a lot of accidents, arising from failures of equipment under high pressure. The refinery manager said that accidents were rare, because however old the equipment it is constantly checked. “For an Iraqi refinery operator, the refinery is part of him,” he said. Contrast this with the disastrous safety record of British and American refineries. There, the frequent accidents are caused largely by lack of maintenance and inspection – which are in turn caused by the drastic downsizing of the workforce.

The Guardian

Can we break the oil habit?

Ohio’s dirty coal can become clean. Hydrogen can supplant gasoline. Fuel cells can replace today’s car engines. But time is running out to find a way to do it before fossil fuel use reaches a crisis point, warned speakers at a national energy conference Thursday on the campus of Case Western Reserve University in Cleveland. […]

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