Ghana’s Jubilee to Reach Peak Oil Output Later Than Planned

Ghana’s Jubilee oil field may reach peak production in August or September, a month later than planned, after boosting output to as much as 80,000 barrels a day since the start of this month, according to Tullow Oil Plc (TLW), the field’s operator. “Output will rise to 120,000 barrels per day,” Gayheart Mensah, spokesman for […]

China offshore oil spill spreads 320 square miles

Oil that spewed from an offshore drilling rig in northeastern China for two weeks last month has spread over 320 square miles, government officials acknowledged Tuesday, amid uproar over why it took so long for fishermen, local residents and environmental groups to be informed of the spill. News of the accident emerged in late June […]

John Michael Greer: Salvaging Energy

The peak oil blogosphere this year seems to have decided that the Fourth of July needed a Grinch of its own to compete with Christmas, and a fair number of blogs duly went up denouncing the day and its entertainments. I can’t say that these added much to the peak oil dialogue or, really, to […]

Tepco Shuts Down Cooling System At Fukushima Daini Nuclear Power Plant After Sparks Detected

The cooling system at Fukushima’s Daiichi sister plant was closed earlier today after Tepco announced that “sparks were detected”. According to TEPCO this is no cause for alarm and the situation will be restored back to normal shortly. According to yet other news, after 4 months of lies, TEPCO has started telling the truth. From […]

Namibia Sees 11 Billion Barrels In Offshore Oil Reserves

An estimated 11 billion barrels in oil reserves have been found off Namibia’s coast, with the first production planned within four years, mines and energy minister Isak Katali announced Wednesday. The finding could put Namibia on par with neighboring Angola, whose reserves are estimated at around 13 billion barrels and whose production rivals Africa’s top […]

7.9 Magnitude Earthquake Strikes Off Samoa; Sparks Tsunami Warning for New Zealand

A powerful earthquake of magnitude 7.9 struck off the South Pacific island nation of Samoa on Tuesday, triggering a tsunami warning and sending coastal residents fleeing to higher ground. The quake was strong enough for the Pacific Tsunami Warning Centre to issue a tsunami warning for a large swathe of the South Pacific including Fiji, […]

India: Unfazed by Nuclear Suppliers’ New Rules

Confident in the large market it offers to the world’s nuclear suppliers, India has decided to shrug off new restrictions by a 46-nation cartel on the transfer of uranium enrichment and reprocessing technologies that potentially have military applications. India, which has refused to sign the Nuclear Non-proliferation Treaty (NPT) on the grounds that it is […]

Economical and Social impacts of Peak Oil

Recent reports of potential reductions in petrol prices will be welcome relief to many motorists.It was only about 10 or 15 years ago that petrol prices were less than half of what they are now. Unfortunately petrol prices are not likely to stay down for long. In fact I wouldn’t be surprised if within the […]

Iceland Volcano Prepares To Blow

The news of a possible imminent eruption comes just over a month after this year’s violent eruption at the Grimsvoetn volcano, in the south-east of the country. That eruption subsided after less than a week, having spit out far more ash than Eyjafjoell, but due to more favourable winds for Europe caused far less air […]

How long will oil sands producers be disconnected from world prices?

Oil sands producers in Alberta can’t but help notice the nearly $20 per barrel spread between landlocked West Texas Intermediate and global prices such as Brent Crude. Even the U.S. Department of Energy is charging world oil prices (Light Louisiana Sweet – whose price mimics Brent) for the 30 million barrels it is releasing from […]

Iran, Iraq to discuss natural gas transference to Europe

Iraqi Ambassador to Iran Mohammad Majeed al-Sheikh said Tuesday Tehran and Baghdad are set to discuss transferring Iran’s natural gas to Europe via Iraq and Syria, the local Press TV reported. Mohammad Majeed al-Sheikh said that the two sides will discuss the issue during a visit by Iran’s First Vice President Mohammad- Reza Rahimi to […]

Uranium supply update

Will uranium supply be adequate for planned nuclear electrcity? This question has seen sharply differing views. The purpose of this post is to give an update, showing where we are now. The supply situation is recently looking better, partly because of an increase in uranium supply from Kazakhstan and partly because of cutbacks in plans for new […]

An alternative version for three of the “key graphs” in IEA’s 2010 World Energy Outlook

Recently Jorgen Randers (best known for being one of the co-authors of The Limits to Growth, 1972) asked me to do some modelling work on the World3-Energy model, an updated version of the classic World3 computer model that was used in The limits to Growth that includes a much larger amount of information about energy. […]

Oil Supply: Peak Oil and the Role of Enhanced Oil Recovery

“Peak Oil” is a reality that will continue to play a critical role in the lives of billions of people who live in the 195 countries of the world who depend on oil. Matthew Simmons, one of the leading and most knowledgeable advocates of Peak Oil before his untimely death in 2010, wrote a highly […]

The Peak Oil Crisis: At Mid-Year

The last six months have been a wild ride. The Arab awakening, the Japanese tsunami, the EU’s continuing economic crises, rising temperatures, drought, floods, and another major surge in oil prices have combined to darken the outlook for the months ahead. Political stagnation continues in Washington, where nearly everybody knows we have a problem, but […]

Is Super Wheat a Solution to Global Food Shortage?

We’ve been honest before on TGB that we are torn on the concept of GMO crops or even significantly cross-bred crops and evil. We wish the conversation were unnecessary, but to a certain degree the ship has sailed and it may be too late to get rid of them entirely. Additionally, the increasing world population […]

Dick Smith’s Population Crisis

Population Crisis. Dick Smith in conversation Dick Smith’s Population Crisis is Smith’s new book exploring the crucial issue of unsustainable population growth around the world including, in his view, in Australia. In this interview with SlowTV’s Nick Feik, Dick Smith explains why population is the issue that lies at the heart of many of the […]

Natural gas discoveries mean growth ahead in the Northeast

Cheap and abundant natural gas has revitalized the Gulf Coast’s petrochemical industry, after demand for its plastic products took a beating in the recession. But some of the chemical comeback isn’t coming back to Texas. Discussions about the industry’s growth are increasingly focused a thousand miles northeast, in the booming Marcellus Shale region. The natural […]

Restoring A Ruined Earth: The Heroic Mission of Thomas Berry

Industrial civilisation has changed everything. At the dawn of the petrochemical age in 1750, atmospheric levels of carbon dioxide were estimated to be 280 parts per million (ppm). In 1960, they were around 360 ppm. In May 2011 levels of atmospheric carbon dioxide had reached over 394 ppm. The oceans of the earth are presently […]

Road to Endless War – The Final Chapter – All Trends Togethe

Episode 2: All Trends Together Alternative News Links: Russia Today http://rt.com/ Russia Today on YouTube http://www.youtube.com/user/RussiaToday Press TV http://www.presstv.com/ Press TV – YouTube http://www.youtube.com/user/PressTVGlobalNews Al Jazeera http://english.aljazeera.net/ Al Jazeera – YouTube http://www.youtube.com/user/AlJazeeraEnglish?feature=chclk World United News http://worldunited-stewart.blogspot.com Set You Free News http://www.setyoufreenews.com Wide Awake News http://www.wideawakenews.com STRATFOR — Global Intelligence — YouTube Channel http://www.youtube.com/user/STRATFORvideo Support Links: […]

Peak Oil means the loss of knowledge

David Schutt discusses the results of what he believes will be the impending deindustrialization of human society that will be caused by ‘peak oil’, the end of inexpensive and easily accessible fossil fuels – WATCH THE ENTIRE INTERVIEW – http://bit.ly/schutt

Are We Running Out of Resources?

Saudi Arabia is not exporting the amount of oil they had hoped. Many analysts are saying that the Middle East may be running out of oil. It humors me that “Peak Oil” is considered a lefty view and that it is even called “Peak Oil”, when it really just says that the earth is going […]

We Are Approaching Peak Car Use

Many major cities have seen a decline in driving over the past few years. The reasons for this are varied, but if it’s a continuing trend, it’s going to mean drastic changes for the way we shape our cities. Even major oil companies admit that we are reaching peak oil–the point when the maximum rate […]

Brazilian Oil Production

The above graph show Brazilian oil production since 1991 through Jan 2011, according to the Oil and Gas Journal.  You can see that Brazil is a story of steady growth.  Tropical rivers have dumped a lot of organic matter off the coast of Brazil for a very long time, and the result is quite a […]

Gail Tverberg: The Fifth Option: Is This how Governments Will Fix Their Debt Problems?

We have all read about the standard “fixes” for a governmental debt problem – (1) inflate your way out of the problem, (2) cut programs and/or raise taxes, and (3) restructure debt, perhaps delaying repayment and giving bondholders a “haircut” on promised payouts. A fourth one seems to circulate through peak oil circles, namely “debt […]

Chinese coal use slows global warming

The decrease in global warming between 1998 and 2008 – often cited as evidence against man-made climate change – was actually caused by an increase in coal use in China, a study has found. It seems that while geoengineers have been dreaming up a range of schemes to get sulphur into the atmosphere and reflect […]

Goodbye gasoline? GM gives natural gas cars a boost

American automobiles have a limited diet, but gasoline’s monopoly at the pump may be ending. The giant of U.S. automakers is turning to something cheaper and cleaner: natural gas. General Motors Corp (GM.N) announced plans this week to develop its first natural gas-powered engine, overcoming its long aversion to alternative fuels and joining a host […]

Gasoline Gangsters 26: Goodbye & Sayonara Japan

Japan consumes roughly 4.5 million barrels a day in gasoline and diesel fuel but none of it is produced by the country. In 1996 Japanese oil consumption peaked near 6 million barrels a day and has never recovered. The country is also facing deflation and kamikazi attacks by zombie banks. The only thing that has […]

Peak Oil by Chris Martenson

On peak oil and overpopulation. Crash course.

The decline of agriculture?

Wendy Johnston with Oakwyn Farms in Athens, West Virginia, is deeply concerned about how shifting weather patterns are impacting farmer’s ability to feed the global population. “This year we’re off to a slow start,” Johnston, who farms 40 hectares, told Al Jazeera. “Last year in April we were able to plant, but this year we […]

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