Saudi Arabia, home to more proven oil reserves than any other nation, has an energy problem. HSBC estimates that this year the kingdom will burn 1.2 million barrels of oil a day to generate electricity, double the amount burned in 2010. With the amount of crude oil burned domestically climbing sharply, it is leaving less and less […]
I analyzed someone’s Peak Oil readiness in an urban area. He is better prepared than most. Blog: http://MrEnergyCzar.blogspot.com/
Demonstrating that there might well just be more than one way to skin the fusion cat, a couple of British companies have joined what some UK scientists might consider the “other” international mega fusion project. The BBC reports that the two companies – AWE and Rutherford Appleton Laboratory – are now card-carrying members of the […]
The case for cutting meat consumption has never been more compelling. Yet we remain stubbornly addicted to big protein hits in animal form. Could that be about to change? If you share the typical British appetite, you will have worked your way through more than 1.5kg of meat this week as part of your annual […]
The United States boasts over 260 billion short tons of recoverable coal reserves, or roughly 28% of the planet’s total coal reserves, according to the U.S. Energy Information Administration. Based on these estimates, the EIA concludes that the U.S. will not exhaust its recoverable coal reserves at current mining levels for 222 years. Not everyone […]
Professor Heinberg explains the effects of ?peak oil?. The theory of peak oil says that global oil production is in decline. Because our economies rely so heavily on cheap oil, global oil depletion will affect everything from transport to housing to food supply.
I am saddened that it is politically inconvenient to acknowledge what everyone knows: the Iraq war is largely about oil – Alan Greenspan (2008) Alan Greenspan is not my favourite macroeconomist or central bank chief, although his presence on a bandstand with the great jazz saxophonist Stan Getz deserves almost as much respect as the […]
Peak oil remains the subject of great debate but there is little doubt we have reached the peak for cheap oil. It is becoming increasingly difficult and expensive to extract enough conventional oil to maintain global output at its current level of around 87m barrels a day. Technological advances have transformed the natural gas market […]
Our video host Stefan Molyneux speaks with Casey Research Managing Director David Galland about the debt situation in the US and whether the federal government can do anything about it… assuming they’d even want to. TRANSCRIPT David Galland – We’re Living in a Degraded Democracy Stefan: Hi everybody, it’s Stefan Molyneux, host of Conversations with […]
China may need to step in to help keep region secure; US reduces its dependence on Saudi oil as Chinese demand soars. The US and China are likely to find themselves competing for access to Middle East oil as China’s booming economy demands increasing amounts of energy and the US becomes increasingly reliant on the […]
Chapter Six from the feature length documentary, What a Way to Go: Life at the End of Empire, produced by Sally Erickson and Timothy Scott Bennett. Please visit http://www.whatawaytogomovie.com/ to purchase a copy and support the filmmakers. And visit http://bluehagbooks.com/ to learn about Bennett’s new novel, All of the Above. Thanks!
UK oil production fell below 1 million barrels per day (bpd) for only the second time in more than 30 years this summer as maintenance exacerbated a decline in output from depleted North Sea oilfields. The British sector of the North Sea pumped 984,000 bpd of oil in June, down from just over 1 million […]
With just 4 inches of rain a year, Saudi Arabia is already one of the driest places on earth. But unlike neighboring Israel, conservation is not part of the culture. Saudi water use is profligate, almost twice the world average of 500 cubic meters per capita annually. But it’s not that cliche of oil-rich extravagance […]
When theorists approach the peak oil problem from the perspective of finding a substitute that will allow us to maintain our present energy infrastructure, their conclusion is one of despair. There may be many substitutes for oil as a concentrated form of storable energy, but none of them are nearly as good as oil itself. […]
BBC documentary on the precient global farming and food crisis, filmed in the UK. Featuring Martin Crawford (Agroforestry Research Trust), Fordhall Farm, Richard Heinberg and others. Topics covered are the influence of oil on the food production, peak-oil, food security, carbon emissions, sustainability and permaculture. The media material presented in this production is protected by […]
If there is a way to get through the loss of fossil fuels, it lies in developing new and more efficient ways to generate renewable energy and more efficient ways of utilizing the fossil fuels we have left. Renewable sources currently provide only 16 percent of our energy in the U.S. and 11 percent of […]
Tony Hayward’s $2.1 billion deal for oil assets in Iraq’s Kurdistan region may spark a battle for resources from the area as its export prospects brighten. Vallares Plc, an investment firm led by the ex-BP Plc chief executive officer who left the company following the Gulf of Mexico spill last year, announced plans yesterday to […]
What is Peak Oil? What are the consequences? What are the solutions? Watch the short animation and find out more @ connect.clubofrome.org
As the world population nears 7 billion people, the Center for Biological Diversity today launched a new national campaign highlighting the close connection between human overpopulation and the global species extinction crisis. As part of the “7 Billion and Counting” campaign, the Center is giving away 100,000 of its popular Endangered Species Condoms, launching a […]
Some areas of farmland the U.S. grain belt are selling for as much as double their worth five years ago as the price of commodities continues to rise. U.S. Department of Agriculture experts argue that these values are not sustainable; however, the rising global population and growing need for food may change how farmland is […]
* Saudi per capita water consumption almost double world average * Middle East and North Africa ‘high stress’ in terms of water * Desalination can deplete amount of oil available for export By Reem Shamseddine and Barbara Lewis Long before it understood the value of oil, the desert kingdom of Saudi Arabia knew the worth […]
Will plug-in cars be a success? If by success, we mean “sell lots of vehicles” the answer is probably “no” unless the price comes down a lot–say 50% from today’s prices, so that price is in line with what common people can afford. People don’t pay more for a car than the loan officer will […]
Russia can double its oil reserves if the government is determined to exploit the potential in the Arctic, a senior Lukoil Holdings executive said Wednesday. “The development of Arctic fields needs political will and support from the government,” Sergey Chaplygin, chief executive of Lukoil International Trading and Supply Co. said, but didn’t elaborate. Lukoil is […]
Covering the Leaking Reactors At Fukushima With Tents Will Only INCREASE Global Exposure to Radiation When I first heard that Tepco will place large tents over its leaking Fukushima reactors, I reacted with derision, as did Tyler Durden: Artist’s impression of this latest Japanese venture: My reaction a couple of weeks later – after seeing […]
“According to World Public Opinion website, 85% of the British and 76% of the Americans who participated in a survey believed that the world is running out of oil,” says an anonymously authored OilVoice article. But that’s just about the dumbest thing I’ve ever read. It’s so nice that the article manages to ignore all […]
Any serious oil spill in the ice of the Arctic, the “new frontier” for oil exploration, is likely to be an uncontrollable environmental disaster despoiling vast areas of the world’s most untouched ecosystem, one of the world’s leading polar scientists has told The Independent. Oil from an undersea leak will not only be very hard […]
Sometimes I wonder how it was that Cassandra, the Trojan prophetess, had so much trouble in convincing her fellow Trojan citizen that it was not such a good idea to demolish the city walls to let in that big, wooden horse. Maybe she spoke in riddles and using obscure language, as fitting for a prophetess. […]
Science is built up of facts, as a house is built of stones. But an accumulation of facts is no more a science than a heap of stones is a house – Henri Poincare I’ve been discouraged by the lack of careful thinking in my field about our current situation worldwide. We’ve been in the […]
Long-time followers of Global Resource Investments Founder and Chairman Rick Rule know he is an energy bull. He sees increasing demand as an inevitable outcome of global mathematical formulas. “Around the world, in emerging and frontier markets, 3.5 billion people aspire to your lifestyle, but haven’t been able to compete with you for the last […]
Chevron Corporation (NYSE: CVX) today announced a new oil discovery at the Moccasin prospect in the deepwater U.S. Gulf of Mexico. The Keathley Canyon Block 736 Well No. 1 encountered more than 380 feet of net pay in the Lower Tertiary Wilcox Sands. The well is located approximately 216 miles off the Louisiana coast in […]
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