Turkmenistan to seek partners to build EU gas link

Turkmenistan is in talks with international companies to assist in construction of a cross-country pipeline to pump gas from the world’s second-biggest field to the gateway of a potential new supply route to Europe, a senior official said on Thursday. Amanali Khanalyev, chairman of state gas firm Turkmengaz, said a new pipeline system would enable […]

Australia backflips on uranium to India

resh from her Asia-Pacific Economic Forum meeting in Hawaii and on the eve of President Barack Obama’s arrival in Canberra on November 15, in an opinion piece published in an Australian newspaper, Prime Minister Julia Gillard announced that at the next month’s Labor Party annual convention she would seek support from her party to end […]

World Bank backs Morocco concentrating solar power megaproject

Ouarzazate is only the first part of Morocco’s ambitious plan of developing 2000 megawatts in solar energy capacity by 2020. The first stage is a concentrated solar thermal power design, using parabolic trough mirrors. The World Bank today approved $297 million in loans to Morocco to help finance the Ouarzazate Concentrated Solar Power Plant Project, […]

Peak oil and Global Warming

Professor Heinberg discusses the links between peak oil and global warming. We need to reduce our use of fossil fuels to prevent climate change. This would reduce the risk of oil wars and help stabilize oil prices as the global economy transitions to renewable energy.

ASPO USA 2011 conference presentations now online

ASPO-USA Conference 2011:  Peak Oil, Energy & the Economy We look forward to welcoming you to Washington DC for the 2011 (7th annual) ASPO-USA conference at the Capitol Hill Hyatt We have an impressive line-up of speakers to provide new analysis, new insights, and new perspectives on the energy challenges and opportunities facing America and […]

Money and Energy

EXCERPT: Money and energy have always been linked. For example, a gold currency was essentially an energy currency because the amount of gold produced in a year was determined by the cost of the energy it took to extract it. If energy (perhaps in the form of slaves or horses rather than fossil fuel) was […]

Prices of Rare Earth Metals Declining Sharply

After nearly three years of soaring prices for rare earth metals, with the cost of some rising nearly thirtyfold, the market is rapidly coming back down. International prices for some light rare earths, like cerium and lanthanum, used in the polishing of flat-screen televisions and the refining of oil, respectively, have fallen as much as […]

Biggest Find in Decades Becomes $39 Billion Cautionary Tale

After 11 years and $39 billion of investment, Exxon Mobil Corp., Royal Dutch Shell Plc (RDSA) and their partners have yet to sell a drop of oil from what was touted as the world’s biggest discovery in four decades. Centered on a man-made island 70 kilometers (44 miles) from Kazakhstan’s coast, the Kashagan project is […]

Spot The Peak Oil Denier Test Criteria

I have written a number of posts (most recently here, with other links therein) about the follies of those who do their damnedest to debunk the reality of Peak Oil with what can be charitably described as almost-factual claims. Common themes and buzzwords seem to populate most of the efforts, as if they are all […]

2011 ASPO-USA Conference: Day 2

Day 2 of the ASPO-USA Truth in Energy conference continued the wide ranging discussion about our current energy predicament, the reasons society isn’t talking about it, and potential ways to begin preparing for a world with increasingly scarce liquid fuels. (See also the Day 1 Summary. Presentations from the conference can be found here.) Interim […]

Meeting global food demand

Improved agricultural technology is needed to decrease world hunger, reduce conflict, and give consumers choices, according to Rob Aukerman, president of U.S. operations for Elanco Animal Health. Jo Luck, president of Heifer International and one of two 2010 World Food Prize laureates, said that through inspiration and education, people can develop the plans needed to […]

Peak Oil? These Insiders Aren’t Too Concerned

Peak oil, or the point in time when petroleum extraction has reached its maximum and production declines, has drawn a lot of attention from speculators. The impacts of oil supply not meeting demand is often expected to have devastating consequences on the world’s economy and quality of life, but industry analysts like Robert Rapier are […]

The Peak Oil Crisis: Transitioning to Cold Fusion

Events move quickly these days. Two weeks ago we were watching Bologna, Italy where an entrepreneur and a retired physics professor claimed to have discovered the Holy Grail of energy – cold fusion or as it is now known: Low Energy Nuclear Reactions. At the time, there was (and still is) widespread concern that the […]

Prices of Rare Earth Metals Declining Sharply

After nearly three years of soaring prices for rare earth metals, with the cost of some rising nearly thirtyfold, the market is rapidly coming back down. International prices for some light rare earths, like cerium and lanthanum, used in the polishing of flat-screen televisions and the refining of oil, respectively, have fallen as much as […]

India: Green energy leap can tide over power crises

A research study by Pune-based World Institute of Sustainable Energy has said that renewable energy capacity addition plans must be revised by the Centre and the states.The authorities must take multiple measures to prioritize lending to the renewables sector and a revised realistic renewable energy resource assessment to achieve renewable energy targets set in the […]

Conflict Rising in Iraq Over Oil Contracts and Revenues

In a development that surprises no-one except armchair analysts, trouble is brewing in Iraq over the sharing of oil revenues between Iraq’s largely autonomous Kurdish region and the central authorities in Baghdad over the Kurdistan Regional Government’s unilateral agreement just signed with U.S. oil giant, Texas-based Exxon Mobil, to develop the region’s oil resources. The […]

Rare-earth shortage to hamper clean energy: EU study

Looming shortages of metals that are in high demand and dominated by a single supplier – China – threaten Europe’s goals for cleaner transport and sustainable energy, says a new study prepared for the European Commission. The study by the Joint Research Centre says supply shortfalls of component metals in the next two decades risk […]

IEA head: oil market tight, high oil price a threat

The oil market is tightening and high oil prices are already hurting growth in developing economies and threaten any economic recovery in Europe, the head of the International Energy Agency (IEA) said on Wednesday. Brent crude has averaged over $111 a barrel this year, up from just over $80 in 2010, adding to manufacturing costs […]

Russia may contest EU energy rules in WTO – source

Russia, on the brink of joining the World Trade Organization, is considering challenging EU energy regulations that would limit gas export monopoly Gazprom’s control over its European pipeline assets, a government source said on Wednesday. WTO ministers are expected to invite Russia to join the global trade rules body in December after 18 years of […]

Is it really possible to decouple GDP Growth from Energy Growth?

In recent years, we have heard statements indicating that it is possible to decouple GDP growth from energy growth. I have been looking at the relationship between world GDP and world energy use and am becoming increasingly skeptical that such a decoupling is really possible. Figure 1. Growth in world energy consumption (based on BP […]

Peak demand and positive stories

There’s been lots of talk about peak oil and just where world oil production is on that curve. Kris Bevill covered a report this week on another world oil peak, this time for demand.    By 2020, world oil demand will peak at just 4 percent above current levels and, by 2035, the Ricardo study suggests, […]

Economic Collapse? We’re Soaking In It!

A rather unobservant or at the very least “unlucky” man strolls across a faulty bridge; weathered, termite ridden, and over-traveled. He hops and skips and jumps about like a brain damaged orangutan without a care in the world. He does this not only because he is oblivious to the fundamental physics behind the workings of […]

U.S. Energy Independence – The Big Lie

“We are the generation that will win the war on the energy problem and in that process, rebuild the unity and confidence of America.” – President Jimmy Carter, 1979 “We have it in our power to act right here, right now. I propose $6 billion in tax cuts and research and developments to encourage innovation, […]

Selling the oil illusion, American style

“The task of the real intellectual consists of analyzing illusions in order to discover their causes.” ~ Arthur Miller US production of crude oil peaked in 1970 at 9.637 mbpd (million barrels per day) and has been in a downtrend for 40 years. Recently, however, there’s been a tremendous amount of excitement at the prospect […]

Saudi Oil Production Declining

Saudi oil production has been declining modestly for the last 2-3 months (depending on your preferred data source) while the oil rig count in country has continued to increase.  See above graph (the black line is the average of five sources of production information on the left scale, while the red curve in the lower […]

TansCanada says it will reroute planned Keystone XL pipeline

Canadian pipeline developer TransCanada will shift the route of its planned oil pipeline out of the environmentally sensitive Sandhills area of Nebraska, two company officials announced Monday night. Speaking at a news conference at the Nebraska Capitol, the officials said TransCanada would agree to the new route, a move the company previously claimed wasn’t possible, […]

The Crisis of Civilization: Trailer

The Crisis of Civilization crisisofcivilization.com is a documentary feature film investigating how global crises like ecological disaster, financial meltdown, dwindling oil reserves, terrorism and food shortages are converging symptoms of a single, failed global system. Weaving together archival film footage and animations, film-maker Dean Puckett , animator Lucca Benney and international security analyst Dr. Nafeez Mosaddeq Ahmed […]

Peak Oil for Dummies

This is almost… almost comical. Why Peak Oil is Nonsense: A Look at Small and Mid Cap Domestic Oil Stocks wants readers to believe, “Peak oil, the belief that the US is running out of domestic oil or natural gas, is increasingly being discredited…” The article goes on to talk about the large oil reserves […]

China Inspects Rare-Earth Production

China has started a new round of inspections aimed at strengthening the monitoring of rare-earth production, in a sign that Beijing is likely to continue to keep a tight control over production of the key minerals into next year. The inspections, which China’s Ministry of Industry and Information Technology disclosed late on Monday, are intended […]

European renewables caught in perfect storm

Three of Europe’s top renewable energy companies became the latest victims of a global collapse in prices, massive oversupply and governments slashing subsidies in light of growing debt piles, echoing recent comments from overseas peers. SolarWorld, Q-Cells and Nordex are among the latest renewable energy companies to be hit by a mix of high inventories, […]

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