While filling my car’s gas tank the other day I had a sense of foreboding. Watching the dollars add up as each gallon registered, I suspected $4.25 a gallon was going to look good by this time next year. What’s happening? Why are prices steadily going up? You can thank oil speculators for that. Those […]
There were some interesting developments coming out of Libya that It seems behind the scenes a transitional government is already being put in place, and contracts are being signed for the resumption and export of Oil to Libya`s trading partners. Rebels Making Oil Deal The finance minister for the Libyan opposition, a University of Washington […]
French forces have taken over the airport in Abidjan as forces loyal to Cote d’Ivoire’s presidential rivals continue to battle for control of the West African country’s main city. Reporting the French intervention, state television urged the city’s residents to mobilise and protect Laurent Gbagbo, the incumbent president. The channel also accused Nicolas Sarkozy, the […]
Courtesy of Open Culture, Inside Job, the scariest Wall Street “horror movie” ever produced can now be seen for free. Charles Ferguson’s masterpiece is a must watch for anyone and everyone who has even a passing interest in the intersection of finance, economics, politics, corruption, crime, complacency and above all, the human inability to predict […]
Lost among the calamities in the Middle East, North Africa and Japan is some of the best news in decades for the energy sector. America, like Jed Clampett of old, finds itself sitting on a new found bonanza of natural gas and oil reserves. These reserves not only hold the promise of energy independence for […]
In 1981, Bill Mollison gave a Permaculture Design course for which Dan Hemenway produced lecture notes. While these originally were made available as a set of pamphlets for a small copying fee, they have been available on the web for quite some time, in PDF form, like here (6mb PDF), for example. While the social […]
US and Egyptian special forces have reportedly been offering covert armed training to rebel fighters in the battle for Libya, Al Jazeera has been told. An unnamed rebel source related how he had undergone training in military techniques at a “secret facility” in eastern Libya. He told our correspondent Laurence Lee, reporting from the rebel-stronghold […]
1) A full scale meltdown at Fukushima-Daichi is underway spewing radiation into the surrounding air, water, soil, and sea. A change in wind direction is all that it will take to make Tokyo uninhabitable for the next hundred years. But the media is focusing on? The start of baseball season, Snooki Polizzi, and pretty much […]
Why settle for one form of renewable energy when you can produce power with two? That’s exactly what scientists from the University of Liverpool have done by upgrading an everyday wind turbine with a new set of spinning solar blades. The team, led by Dr. Joe King, came up with the innovative solution to stymie […]
Transocean Ltd. gave its top executives bonuses for achieving the “best year in safety performance in our company’s history” – despite the explosion of its oil rig that killed 11 people and spilled 200 million gallons of oil into the Gulf of Mexico. The company said in a regulatory filing that its most senior managers […]
Food — its availability and its price — is becoming a major concern around the world, and this time it includes the United States where citizens have seldom had to worry about their food supply. We are more concerned over the second highest obesity rate in the world. The current situation is due to a […]
IMAGINE a foreign policy version of the movie “Groundhog Day,” with Bill Murray playing the president of the United States. The alarm clock rings. Political mayhem is again shaking the Middle East, crude oil and gasoline prices are climbing, and an economic recovery is under threat. President Nixon woke up to the same alarm during […]
Dominic Di-Natale has the latest from Japan where international nuclear experts believe melted fuel is causing a chain reaction at the Fukushima plant.
I will discuss each particular myth in detail below, but the five myths I addressed were: Fighting in Libya is sending gas prices higher. Tapping the Strategic Petroleum Reserve is a smart way to reduce gas prices. Oil companies produce less in the spring to make gas prices increase. The Obama administration is driving up […]
“Be fantastic, don’t use plastic!” chanted a troop of 10-year- olds from President Thomas Jefferson Elementary School in Honolulu at the conclusion of an international conference on the millions of tonnes of trash that enter the oceans every year, with serious consequences for marine life and habitats as well as to human health and the […]
I received this from an MIT alumni of mine and since I personally met Gene Mallove, I have to take this quite seriously. I hope you do too. In 1998 an American named Stanley Meyer, (probably Ohio’s most famous inventor) was poisoned and died clutching his throat outside a restaurant in his hometown of Grove […]
A particularly annoying question I am often asked and have come to hate is: “How do I invest my money for it to survive financial, political and commercial collapse?” The short answer is: “Nohow. Money will not survive collapse; not yours, not anyone else’s.” But that answer is not acceptable, because accepting it would require […]
Peak Moment 192: “There are no real solutions, there are only responses.” So say the expert contributors in The Post Carbon Reader, pointing to society’s complex, interdependent systems squeezed by growing demand and declining resources. Co-editor Daniel Lerch tells us renewable energy will never be able to replace fossil fuels. Thus resilience – the capacity […]
Bill Gross has said the US will default on its bonds because it is the only way the country can cope with its massive debt pile. The PIMCO chief investment officer says the US has a total debt burden of $75 trillion if entitlements such as those for medical care and social security are included. […]
“Peak oil” describes the point at which the production of petroleum reaches its final high-point and begins a terminal decline. Given that oil is a finite resource, everyone agrees that a peak is inevitable, but views differ about when it is likely to happen and what the impacts will be. Some experts argue that the […]
As Moammar Gadhafi’s inner circle showed possible signs of cracking Friday, heavily armed forces loyal to the Libyan leader continued pounding cities that were once some of the country’s most prosperous places. Officials and analysts said the surge in firepower from the Libyan government sends a message: Gadhafi is determined to prevail, and defections of […]
India added more than 181 million people to its swelling population in the past decade, growing to more than 1.21 billion, according to census data released yesterday. “We are now over 17 percent of the world population, and India is 2.4 percent of the world’s surface area,’’ said C. Chandramauli, India’s census commissioner. The census’s […]
There are so many issues that the Japanese must deal with in the immediate aftermath of their huge quake and tsunami — humanitarian relief, damaged nuclear reactors, and general disruptions and shortages of all kinds. While the ongoing troubles at the Fukushima reactors generate global attention, several recent articles have touched on shortages of liquid […]
Executives at state-owned ANCAP told Efe Thursday that the company had discovered the first traces of oil in Uruguay, a country that depends on imported crude for 60 percent of its energy. “For the first time in Uruguay’s history, free oil has been found in small proportions, emanating from the bedrock,” Juan Gomez, member of […]
This week Max Keiser and co-host, Stacy Herbert, report on American household wealth declining by 23% while billionaires see their wealth rise by 25%. In the second half of the show, Max talks to Dmitry Orlov for an update on the state of economic collapse in America.
As the radioactive waste from the Fukushima nuclear plant settles, the clean-ups continue in Christchurch and large parts of Queensland and instability becomes the new norm in the Middle East and North Africa, perhaps it is time to ponder whether we are we approaching the most significant transformation in employment and labour since the industrial […]
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