Cold Fusion Validated by Swedish Skeptic’s Society

Yet another test of Andrea Rossi’s Energy Catalyzer (E-Cat) has been performed on a 4.5 kW version near the University of Bologna. This time a new set of observers were present, one of which is the chairman of the Swedish Skeptics Society, who confirmed that Copper is being formed from Hydrogen and Nickel — cold […]

Thousands rally in Japan against nuclear power

Thousands of people rallied in Japan Saturday to demand a shift away from nuclear power after an earthquake and tsunami sparked the world’s worst atomic crisis since Chernobyl a quarter-century ago. Braving spring drizzle, thousands of demonstrators gathered at a park in Tokyo’s Shibuya district, many holding hand-made banners reading: “Nuclear is old!” and “We […]

Feeding world stirs debate

Creve Coeur-based Monsanto, the world’s largest agricultural biotech company, has for years made clear that it could benefit from a rising global population and rising food demand, particularly in developing countries. And recent spikes in food prices worldwide, combined with a protracted economic downturn, have sparked debate over whether biotechnology represents the answer to feeding […]

JPMorgan : Oil Producers Not Matching Demand

JPMorgan Chase & Co. raised its oil- price forecasts because OPEC and other producers aren’t matching rising demand and consumers will take time to react to higher prices. The bank boosted its 2011 Brent crude forecast to $120 a barrel from $110, and changed its estimate for West Texas Intermediate crude to $109.50 from $99. […]

Every Barrel Counts: EROEI of Texas pumpjacks

For a long time I’ve been wondering about the amount of effort it takes to obtain energy, whether it’s pumping oil, digging coal or manufacturing solar panels. In this first post, I’ll explore a simple concept: the Energy Return on Energy Invested (EROEI) of that icon of oil production, the pumpjack. To be more specific, […]

ASPO Australia’s David Bell: world must adjust to higher oil prices

David Bell, convenor at the Australian Association for the Study of Peak Oil and Gas, talks with Bloomberg’s Bernard Lo from Sydney about the outlook for crude oil supply and demand, and the impact of rising prices on business.

Putting on Blinders – the EIA Budget cuts

If you read many of the pieces that I write here, you will soon notice that I am convinced that this country and most of the civilized world has a problem with future oil supply. That problem is getting worse rather rapidly, and this is causing the price increases that you have noticed every time […]

Richard Douthwaite: How will peak oil affect the economy?

Economist Richard Douthwaite discusses the impact of peak oil on the world economy. Our current economic model requires sustained growth based on cheap fossil fuels; oil depletion, rising oil prices and climate change will cause a global economic crisis.

Peak Oil 101: What You Should Know About The “End” of Oil

One of the greatest – and most imminent – challenges looming on America’s economic horizon is the threat of global peak oil production. You may have heard of the phrase “peak oil” from television, newspapers, or other media sources. But what exactly does “peak oil” mean? Well, just like everything else, there is a simple […]

ASPO 9 Conference Presentations

The era of cheap energy is ending due to the depletion of low cost high quality fossil fuel deposits. First effects are being felt in Europe in the growing reliance on Middle-East, Caspian and Russian Oil & Gas, significantly higher fuel and chemical prices, and an international struggle over remaining fossil fuel extraction contracts. These […]

The World has Passed Peak Oil, says Top Economist

Despite high prices, crude oil production has stayed basically flat for roughly five years. It seems this is the all-time high-water mark, according to Fatih Birol, chief economist for the International Energy Agency. “We think that crude oil production for the world has already peaked in 2006,” he told the Australian Broadcasting Corporation. “I think it would […]

Economic Resilience #5. A Multiplicity of Financial Vehicles

Previously in this discussion of what we can do about economic contraction, we reminded each other than the economy is basically the sum total of transactions between people.  At that same basic level, “money” is simply the markers we use to record those transactions.  There is no mandate that transactions between people can only be […]

The most surprising demographic crisis

DOES China have enough people? The question might seem absurd. The country has long been famous both for having the world’s largest population and for having taken draconian measures to restrain its growth. Though many people, Chinese and outsiders alike, have looked aghast at the brutal and coercive excesses of the one-child policy, there has […]

Gasoline Gangsters Episode 18: Transport Revolutions

In this episode I cover a recent presentation by Richard Gilbert, the co-author of Transport Revolutions. Richard tells Post Carbon Toronto about his life in England at the beginning of their oil age and gives us some of his solutions for moving people and freight in the post peak oil world. youtube.com

Peak Oil In Perspective

Sometimes, as they say, a picture is worth a thousand words. I was recently at a scientific conference on the development of sustainable biofuels, this being my lab’s research focus. Much data was presented and much was said of substance. But the one slide I made sure to get a copy of was this one […]

Interview: Nate Hagens from The Oil Drum

Nate Hagens from The Oil Drum answers questions on people’s acceptance of peak oil, its seriousness, EROEI, the credibility of biofuels and the role of the market. Association for the Study of Peak Oil and Gas Interviewee: Nate Hagens

How Much is Oil Worth?

The reason that oil company profits are so volatile is that sometimes the price of oil becomes pretty disconnected from the cost to produce it and convert it into finished products. This is because oil is a globally traded commodity, and like other commodities such as corn, iron, and pork bellies, the price is set […]

Glut of natural gas beginning to shrink

A global natural gas glut is disappearing sooner than expected, thanks to rebounding economies and troubles in Japan and the Middle East, panelists said at the Offshore Technology Conference on Wednesday. The global recession, combined with a surge in natural gas production from prolific shale formations in the United States, sent supplies of the blue-burning […]

John Michael Greer: The Downside of Dependence

I’m not sure if last week’s Archdruid Report post hit a nerve, or if thoughts similar to the ones I discussed there have been busy all by themselves stirring up nightmares in the deep places of our collective imagination, but it’s been fascinating to note how many blog posts over the past few days have […]

Can the World Feed 10 Billion People?

The world’s demographers this week increased their estimates of the world’s population through the coming century. We are now on track to hit 10 billion people by 2100. Today, humanity produces enough food to feed everyone but, because of the way we distribute it, there are still a billion hungry. One doesn’t need to be […]

Where will China find the oil to power its economy?

With OPEC tapped out, where will China find the oil to power future economic growth? The obvious answer is it will take a big chunk out of the 19 million barrels the U.S. economy burns every day. And China doesn’t have to build a blue water navy or engage in an arms race to take […]

The Peak Oil Crisis: Peak Oil Elasticity

Earlier this week the U.S. Department of Energy announced that the average national price for regular gasoline in the U.S. was now $3.96 a gallon. Don’t feel too bad though; last week the Kremlin banned gasoline and diesel exports from Russia to alleviate domestic shortages sending gasoline prices in Germany to a record $9.10 a […]

China’s push for atomic energy inevitable

China’s development of nuclear energy is inevitable, a Chinese expert said Monday, indicating that it will be difficult for the country to change its overall energy policy. Peng Yuanzheng, vice president of the China Petroleum Enterprise Association, said China has no reason to modify its policy tack of developing and utilizing nuclear energy as it […]

Arctic ice melt ‘alarming’

Ice in Greenland and the rest of the Arctic is melting dramatically faster than was earlier projected and could raise global sea levels by as much as 1.6 metres by 2100, says a new study. The study released on Tuesday by the Arctic Monitoring and Assessment Program (AMAP) said there is a “need for greater urgency” […]

Alaska Oil April Output Declines in North Slope Field Fall-Off

Alaskan crude-oil production slipped 2.1 percent in April from last year in a natural decline of the state’s North Slope fields that may eventually affect operations of the Trans Alaska Pipeline System. Production in April averaged 640,477 barrels a day, a decline from 654,366 a year earlier, according to the Alaska Tax Division. Output fell […]

Saudi unlikely to lift oil output quickly

Saudi Arabia is unlikely to boost oil production quickly to ease the rise of crude prices, because it needs high prices for its own increased spending, analysts at an international banking think tank said Tuesday. After producing 8.6 million barrels a day in 2010, the world’s leading oil supplier will only kick up production to […]

European Commission: Act now on peak oil or curtail mobility

The European Commission’s director-general for transport and mobility policy has warned at a conference on peak oil that it would be a “fatal mistake” for the EU to postpone measures to reduce oil dependency. “If action is delayed, in the not-too-distant future we may be forced to drastically reduce all our mobility and import technological […]

EU Times: Bin Laden’s corpse has been on ice for nearly a decade

Hameed Gul is a retired Pakistani Army three star general known for heading the Inter-Services Intelligence (ISI), the premier Pakistani intelligence agency, after the Soviet-Afghan War. The timing was incredible! By mid May 2011, the US Army was set to be thrown out of Pakistan by the Pakistani government and just weeks before that, bang! […]

ITER brings fusion onto horizon

The “glorious dream” of a limitless and harmless supply of energy is “somewhat closer than most people realise” – claims an article in Time magazine. It continues: “In laboratories in the US, the Soviet Union, western Europe and Japan scientists are involved in a spirited competition to become the first to achieve one of the […]

UN forecasts global population to reach 10.1 billion by 2100

The world’s population, long expected to stabilize at just above 9 billion in the middle of the century, will instead keep growing and may hit 10.1 billion by the year 2100, the United Nations projected in a report released yesterday. Growth in Africa remains so high that the population there could more than triple in […]

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