You’ve heard of peak oil, but you may soon start hearing about “peak steel”. Or you will if you listen to Eiji Hayashida, chief executive of JFE Steel of Japan. The head of the world’s fifth biggest steelmaker told the FT that from around 2015 world steel output will reach a plateau for at least […]
If you could get any data about OPEC oil, what data would you most like to get? I started wondering about this question when I was reading the new thriller Garden of Betrayal by Lee Vance, a retired former partner at Goldman Sachs who was head of their energy trading for a number of years. […]
Little known and always avoided, the United States faces THE single greatest issue of its existence in the 21st century. “What is it?” you ask. Top environmental experts respond, “Overpopulation!” We ignore, evade and suppress this issue at every level in America. Citizens pursue their daily tasks without understanding the ramifications of this civilization adding […]
The US Environmental Protection Agency partially waived its 10% limit on ethanol in motor fuels, allowing up to 5% more for model year 2007 or newer cars and light trucks. Fuel ethanol advocacy organizations said the move fell short, while the National Petrochemical & Refiners Association and American Petroleum Institute criticized it. Gregory M. Scott, […]
Over the last several months, the American Petroleum Institute, among other industry groups, have mounted a full-court press against several Obama administration proposals and initiatives in Congress, including Environmental Protection Administration rules to tighten federal standards for ozone; proposals to eliminate oil industry tax breaks; EPA’s plans to control greenhouse gases under the Clean Air Act; […]
A short brief on Peak Oil by R.C. Knight, president of ISFuel Inc. Resouce Links: Peak Oil http://en.wikipedia.org/wiki/Peak_oil Impending Oil Crisis Will Overshadow Global Climate Change http://www.prnewswire.com/news-releas… Home Page: ISFuel Inc. http://www.isfuel.com/
The Obama administration lifted its moratorium on deepwater drilling for oil and gas on Tuesday, after imposing new rules intended to prevent another disaster like the Gulf of Mexico rig explosion that led to the largest offshore oil spill in American history. “We have made and continue to make significant progress in reducing the risks […]
Ralph Nader helped conclude a cutting-edge energy conference Oct. 9 in Washington, DC by describing what the public must do to reduce predicted new job losses and similar hardship. “Deal with public sentiment,” he told a rapt audience at the annual convention of Association for the Study of Peak Oil & Gas, USA (ASPO-USA) in […]
Iraq says it has 25 per cent more proved oil reserves than the last time it looked. The revised estimate is 143bn barrels, the world’s third-largest after Saudi Arabia and Venezuela (excluding Canada’s oil sands). Iraq’s oil minister said there might be further upward revisions over time. Brazil says one of its recent discoveries could […]
Iraq says it has 25 per cent more proved oil reserves than the last time it looked. The revised estimate is 143bn barrels, the world’s third-largest after Saudi Arabia and Venezuela (excluding Canada’s oil sands). Iraq’s oil minister said there might be further upward revisions over time. Brazil says one of its recent discoveries could […]
Ever since belching smokestacks arose during the Industrial Revolution, greenhouse gases and human population have climbed in lockstep to higher and higher levels. And while scientists warn that humanity must dramatically slash future carbon-dioxide emissions to avert extended droughts, floods and other climate catastrophes, they have generally avoided a rigorous examination of how slowing population […]
IAEA has always played an important role in facilitating safe and environmentally responsible nuclear energy sources. A year after the IAEA was founded, it supported the first fusion conference in 1958. Later, in 1972 the International Fusion Research Council (IFRC) was created to provide the IAEA Director General expert advice to help steer the Agency’s […]
Cuba’s anticipated development of its offshore oil resources would profoundly affect its national economy, but have more political impacts on relations with the US, experts generally agreed at a forum on Oct. 8. “What we’re seeing could be a potential game changer,” said Kirby Jones, president of the Alamar Associates consulting firm. “For the first […]
Freshwater is fundamental for maintaining human health, agricultural production, economic activity, and critical ecosystem functions. But as populations and economies grow, new constraints on water resources are appearing, raising questions about ultimate limits to water availability. Such resource questions are not new. The specter of “peak oil”–a peaking and then decline in oil production–has long […]
Framed by banana and eucalyptus trees, the caramel-colored Mekong River rolls through this lush corner of Yunnan Province in southwestern China with an unerring rhythm that is reassuring in its seeming timelessness. Yet as recently as April, a fearsome drought had shriveled the Mekong to its narrowest width in 50 years. Water levels were so […]
The first comprehensive look at the expected impacts of climate change on Canada offers an embarrassing and misleading “don’t worry, be happy” vision, citing more golf days and better access to northern deposits of oil and gas courtesy of global warming, critics say. “The chart needs to be withdrawn,” said climate scientist Danny Harvey of […]
Iran is ready to hold talks with six major powers over its nuclear program “in late October or early November,” Foreign Minister Manouchehr Mottaki said on Saturday. “We think late October or early November will be an appropriate date for the talks by the representatives of Iran and 5+1 countries,” Mottaki told a news conference. […]
The banking authorities were shocked – shocked – to discover last week that an awful lot of mortgage paper in this country is not quite in order… appears to contain, er, irregularities… seems less than kosher… frankly, exudes an odor like unto dead carp or, shall we say, a heap of dead carp the size […]
The Coming Middle-Class Anarchy True story: A retired couple I know, Brian and Ilsa, own a home in the Southwest. It’s a pretty house, right on the manicured golf course of their gated community (they’re crazy about golf). The only problem is, they bought the house near the top of the market in 2005, and […]
Wang Fuchang, director of China’s Department of Equipment Industry, delivered a speech at the 2010 International Forum on the Development of the Chinese Automotive Industry held on September 5th stating: “It is estimated that automobile ownership in China will exceed 200 million in 2020, causing serious energy security and environmental issues. Striving to promote the […]
The most influential progressive think tank in Australia, The Australia Institute based in Canberra, recently published a paper on peak oil and its importance for the government. Summary of the content and conclusions: Like climate change, the possibility of peak oil poses an uncomfortable challenge to citizens and governments alike in the 21st century. ‘Peak […]
Sitka, Alaska, is home to one of the world’s most spectacular lakes. Nestled into a U-shaped valley of dense forests and majestic peaks, and fed by snowpack and glaciers, the reservoir, named Blue Lake for its deep blue hues, holds trillions of gallons of water so pure it requires no treatment. The city’s tiny population—fewer […]
Crumbling mud-brick walls mark the ancestral fortress of the Saudi royal family in Diriyah, north-west of Riyadh. The opulent palaces of the offspring of King Abdul-Aziz bin Abdul-Rahman al-Saud, the founder of the modern kingdom, are dotted around this lush valley. The contrast between the palaces testifies to the remarkable transformation brought about by the […]
Jim Baldauf, a co-founder of ASPO-USA, provided the opening remarks to the Plenary Sessions of the day. He noted that with a coal mine explosion, the concern over hydrofracks, and the Gulf oil spill, this year could be considered Hydrocarbon Hell. The Macondo well is evidence that we are now having to seek the more […]
One of the speakers commented, just at the beginning of the ASPO 2010 Peak Oil Conference, that we would be subject to enough information that it would seem that we were standing under a fire hose. Well the Conference has had its first day, or at least afternoon, our first fire alarm (we got to […]
Zeitgeist: Moving Forward, by director Peter Joseph, is a feature length documentary work which will present a case for a needed transition out of the current socioeconomic monetary paradigm which governs the entire world society. This subject matter will transcend the issues of cultural relativism and traditional ideology and move to relate the core, empirical […]
There are voices, and influential ones, emphasizing on absolute independence and moving away from the Middle Eastern oil. There are others talking of environmental considerations and the necessity of switching away from fossil fuel to alternatives. At the same time, the echo of ‘Peak Oil’ fails to die down. This all is despite the fact […]
Jim Baldauf, co-founder of a cutting-edge energy group, began its briefing at the National Press Club Oct. 7 by citing the BP Gulf oil disaster, drought in Russia at up to 130 degrees, and massive flood-devastation in Pakistan as evidence that this is the worst year for the environment in recent history. “I would submit,” […]
UAE Oil Minister Mohammed al Hamli said on Saturday that there was still some oversupply in the global oil market and that he was not concerned with prices hovering above the $80 threshold. Oil prices hovered near $82 per barrel on Friday, after rising during the week on a weaker dollar, but tempered by signs […]
Alberta Energy Minister Ron Liepert said this week that Alaskan natural gas would likely flow through the province ahead of gas from the Mackenzie Delta. Not so long ago, such a statement would have been regarded as treasonable. Now it appears merely common economic sense. In fact, the real issue is whether either source of […]
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