Oils of War: Pentagon Cementing Iraq Footprint?

Publicly, the US’s backing of the pro-democracy uprisings in the Middle East often consists of a statement saying that people must determine their own future. Behind the scenes, though, it is widely acknowledged there is a lot more interference.

Kunstler: A Flea In His Ear

Imagine the fright mask that the Sofitel Hotel maid’s face turned into when a black swan in the form of an international banking poobah waddled out of the suite’s bathroom with wings rampant. Black swans appear now in the unlikeliest places. I bet you a million Euros that Dominque Strauss-Kahn’s lawyer will say that his […]

When it comes to oil, Pirrong is clear: the dollar does matter

Craig Pirrong has long been known as the academic who probably most closely follows, and is widely quoted, on the impact that trading is having on the price of oil. His expertise is at the nexus of speculation/fundamentals/financial conditions, and how that’s driving the price of oil. At a luncheon this week in Houston, the […]

Where Will We Spend Our Vacation?

Watching TV this time of year, we are bombarded with commercials extolling the wonders and enjoyment to be had vacationing in their particular state. Some of these states are close by, others far away. Vacation 2011 isn’t looking very promising for most families this year. We are all seeking some escape from the constant bombardment […]

MrEnergyCzar Video: Peak Oil Debt

Getting out of debt is one way to prepare for Peak Oil. Loans are given out because it is assumed that future growth and rising incomes will be able to pay back the interest and loan balance. Peak Oil and the end of growth may cause the lending of money to stop.

Media Silent About Plutonium Contamination of Japanese Rice

The Japanese Business Press reported on May 14 that a rice field more than 50 kilometers away from the Fukushima nuclear plant has tested for high levels of deadly plutonium. A “certain food manufacturing company” conducted the independent test that reported data different from data the Japanese government released, according to a translation of the […]

US Oil & Gas Industry Shoots Itself in the Foot

As Pogo said, “We have met the enemy and he is us.” I think that a large portion of the US oil & gas industry has basically shot itself in the foot, by agreeing with, or failing to confront, assertions such as the following by CERA, ExxonMobil and OPEC: CERA: “Rather than a ‘peak,’ we […]

The Arab Spring’s second wave

Unlike the current uprisings, Tunisia and Egypt were characterised by quick transitions and the successful mobilisation of mass protest movements [GALLO/GETTY] With the Arab Spring stretching toward summer, the feel-good memories of Egypt and Tunisia are receding into the distance. Marred by ugly sectarian violence in Egypt and on-going scuffles between police and protesters ahead […]

Libya’s oil giant turns off the pump until the fighting stops

Libya — The spokesman for Libya’s biggest petroleum company says it will not produce oil until the war ends, and that probably applies to the entire country. Information director Abdeljalil Mohamed Mayuf of Arab Gulf Oil Company said the company stopped production for fear of further attacks by ruler Moammar Gadhafi’s forces. The decision came […]

Blackwater founder builds mercenary force in UAE

The crown prince of Abu Dhabi has hired the founder of private security firm Blackwater Worldwide to set up an 800-member battalion of foreign troops for the United Arab Emirates, the New York Times said Sunday. The Times said it obtained documents that showed the unit being formed by Erik Prince’s new company Reflex Responses […]

Peak Oil: A Chance to Change the World

Worcester Polytechnic Institute in Worcester, MA invited Rex Tillerson, CEO of ExxonMobil, to give the commencement speech at its 2011 graduation ceremonies on May 14. When students heard this, many were surprised and upset. As Linnea Palmer Paton of Students for a Just and Stable Future put it in a letter to the college president, […]

IMF WEO 2011: Oil Scarcity, Growth, and Global Imbalances

The latest International Monetary Fund (IMF) World Economic Outlook (WEO) published last month (April 2011) makes for very interesting reading, Chapter 3 specifically: “Oil Scarcity, Growth, and Global Imbalances”. Considering the findings of the report, it’s remarkable the relatively little press the report has received, and I can find none in the Irish media. All […]

Secret Map Shows Massive Radiation Cloud Heading Toward U.S And Canada

New forecasts show a very predominate cloud of radiation that seems to blanket most of the United states in the next few days. Looking at the map you can see that the brunt of this cloud will hit the Western United States as well as Canada very hard. With steady winds flowing from japan and […]

The danger of overpopulation

The United Nations again raised its world human population projections within 90 years to reach 10.1 billion human beings on this already ecologically devastated planet. Humans add 10,000 babies net gain per hour, 240,000 per day and 80 million annually. Our species adds another 1.1 billion every 13 years. All the while, we wreak havoc […]

Kurt Cobb: Would vested interests starve the world?

In his latest book entitled Bottleneck sociologist and ecologist William Catton Jr. explains in detail why he believes human society is destined for a major dieoff, a “bottleneck” from which few survivors will emerge. One cause, he says, is an array of vested interests who manipulate the media and the power structure, oblivious to the […]

What will a post collapse society look like?

Here is Dmitry Orlov’s book reinventing collapse (highly recommended) – http://amzn.to/l9tEih Dmitry Orlov – Why superpowers collapse (short clip) http://www.youtube.com/watch?v=x3rloGDFinM Post collapse, best practices (long talk) http://fora.tv/2009/02/13/Dmitry_Orlov_Social_Collapse_Best_Practices 5 stages of collapse http://cluborlov.blogspot.com/2008/02/five-stages-of-collapse.html Michael Ruppert – Preparation http://www.youtube.com/watch?v=Fn4UjHp20OM A talk in May 2010 http://www.youtube.com/watch?v=Evluem1X0lc God Bless

Saudi Aramco Plans to Double Power Supply, Conserve Energy to Save Crude

Saudi Aramco, the world’s largest state-owned oil company, plans to double its power-generating capacity to 4,000 megawatts by 2015 to supply all the electricity it expects to need to produce crude and natural gas. The company is expanding power plants at existing oil and gas sites and aims to build generators for refineries and other […]

Tech Talk – The Railroad Commission of Texas

When I have written about oil and natural gas production from individual wells, in previous posts, I have referred to the website of the Texas Railroad Commission as the source of my information. You might wonder why they are in charge. Well it all began back in the days after Texas first became a State, […]

Israel gas deal sparks attacks in Egypt

Flames shot into the sky in the northern Sinai desert, close to Egypt’s border with Israel. It was the second attack this year on the al-Sabil gas terminal – and the third attempt to sabotage a network of pipelines that supplies Israel with natural gas. It’s not clear who carried out the attack on April […]

Your cell phone may be killing the honeybees

The world’s population of honeybees is dwindling, and for years scientists have been trying to discover the cause. Bee researcher Dr. Daniel Favre thinks he may have found the problem, and you, dear reader, might be part of it. The doctor believes that mobile phones may be a major factor in bee colony decline, leading […]

A Former BP Exec Explains Why Peak Oil Is Real

This morning, President Obama announced plans to ease restrictions on oil and gas drilling in the U.S. and off its coasts. His move comes in the wake of recent gas prices, which may now be moderating slightly. But will it be enough? Former BP Chief Petroleum Engineer Jeremy Gilbert gave an excellent presentation on peak […]

Quarter of UK households predicted to turn off heating

Rising fuel bills may force a quarter of homes to turn off their heating at some point next winter, a price comparison site claims. Uswitch says that last winter, an estimated 20% of people it surveyed had regularly turned off their heating. And it predicts that with fuel tariffs expected to rise, the number will […]

Fukushima – One Step Forward and Four Steps Back as Each Unit Challenged by New Problems

Gundersen says Fukushima’s gaseous and liquid releases continue unabated. With a meltdown at Unit 1, Unit 4 leaning and facing possible collapse, several units contaminating ground water, and area school children outside the exclusion zone receiving adult occupational radiation doses, the situation continues to worsen. TEPCO needs a cohesive plan and international support to protect […]

Japan’s Hamaoka nuclear plant suspends operations

The operator of Japan’s ageing Hamaoka nuclear power plant, located near a tectonic faultline southwest of Tokyo, suspended its operations Saturday, officials said. The plant’s number-five reactor stopped generating power at 10:15 am (0115 GMT) and was due to be shut down a few hours later with workers inserting control rods, Chubu Electric Power Cp. […]

Peak Coal This Year?

In August last year, the journal Energy published A global coal production forecast with multi-Hubbert cycle analysis by Tadeusz W. Patzek and Gregory D. Croft. I’ll let National Geographic introduce the findings. A new study seeks to shake up the assumption that use of coal, the most carbon-intensive fossil fuel, is bound to continue its […]

How to invest for long-term inflation

It’s no secret that food and energy prices are volatile and rising of late. Yet what’s missing from the latest inflation hand-wringing is what’s down the road. Some commodities are becoming scarcer and that will drive long-term inflation. While few invest based on scarcity, it’s a prudent long-term strategy. This is not something that will […]

Preparing for Economic Collapse

“How can I prepare for an economic collapse?” is one of the most common questions I get. It usually takes me a second to start to explain how complex such a question is. It’s like asking an auto mechanic, “Say, how do you build a car?” or asking a computer engineer, “What’s all that stuff […]

Thar She Blows: Whale Age Teaches Us about Oil

I’d strike the sun if it insulted me.” — Captain Ahab A couple of years ago Robert Wagner Jr., a well-known Houston energy banker, read the famous novel Moby Dick by Herman Melville, a former whaler. It’s a rambling and gritty tale about the 19th whaling industry and America’s first energy boom. The narrative, which […]

Word from the IEA: Oil demand falling, but world needs more supply

The International Energy Agency’s latest monthly oil market report contained what may on the surface appear to be contradictory messages of falling oil demand but a need for additional supply.  The cut in the IEA’s headline forecasts was relatively modest, with the agency saying it now expects demand to grow by 1.29 million b/d in […]

Who will feed the world?

THE world is in a tough spot. Food and water supplies are running out, population is growing and the climate is getting warmer. Respected science journalist and author of The Coming Famine, Julian Cribb, believes all these issues will lead to the world becoming virtually unsustainable. Mr Cribb was in WA last week addressing the […]

« Previous Page — Next Page »

LATEST NEWS HEADLINES

• Why the IEA is Wrong About Peak Oil Demand
• Did we inadvertently speed global warming?  
• Venezuela’s Oil Monopoly Eases
• Why Germany is Choosing Natural Gas Over Nuclear Power
• U.S. coal-fired electricity generation decreased in 2022 and 2023

• America Cracks Down on Methane Emissions from Oil and Gas Facilities
• Meet America’s Newest Oil Trader Extraordinaire: Joe Biden
• Is It Time To Refill America’s Strategic Petroleum Reserve?
• Oil prices set to end year 10% lower as demand concerns snap winning streak
• What’s Driving America’s New Oil and Gas Boom?
• China’s peak oil demand bombshell eviscerates Danielle Smith’s energy strategy