Let’s carefully use our power supply to invest in new sources

Two weeks ago, a new manufacturing facility in Eastern Idaho was connected to Idaho Power’s grid. At 82 megawatts, it’s a hefty load, requiring as much power as Micron did during its peak needs in Idaho. The fact that manufacturing requires a lot of energy isn’t surprising. What did catch some folks as interesting, at […]

Exxon See Natural Gas Reshaping Global Demand through 2040

Demand to be about 30 percent higher in 2040 versus 2010 as population grows and global GDP doubles; demand in developing nations rises nearly 60 percent. Less-carbon-intensive fuels, particularly natural gas, gain market share, while coal peaks and begins a decline for the first time in modern history. Gas from shale and other unconventional rock […]

IEA sees a world run on solar

The International Energy Agency has outlined, in detail, its vision of how solar energy technologies could form the backbone of the world’s electricity network, providing half its electricity needs by 2060. The scenario, outlined in the IEA’s Solar Energy Perspectives, released last week, was first canvassed in late August. Essentially, it looks at the options […]

John Michael Greer: What Peak Oil Looks Like

There are times when the unraveling of a civilization stands out in sharp relief, but more often that process makes itself seen only in the sort of scattered facts and figures that take a sharp eye to notice and assemble into a meaningful picture. How often, I wonder, did the prefects of imperial Rome look […]

The Peak Oil Crisis: E=mc2

There have been some interesting developments in the cold fusion, or the now-preferred name Low Energy Nuclear Reactions (LENR), story in the last couple of weeks that are worth noting. For the last 20 years a small band of ill-funded scientists have been laboring away at combining either palladium or nickel with hydrogen in an […]

PetroChina finds shale gas reserves

PetroChina has discovered shale gas in China’s Sichuan province, confirming that the energy-hungry country is sitting on vast reserves of this unconventional fuel source. Shale gas, or natural gas trapped inside deposits of shale rock, is expected to transform China’s energy supply in future decades by providing a potentially cheap and plentiful new source of […]

Scrapped Nuclear Plants Open Energy Gaps in Daimler’s Hometown

Matthias Schuele’s aluminum foundry stands a 30-minute drive from a nuclear reactor that supplied power for more than three decades until German Chancellor Angela Merkel switched it off in March. Nine months on, his furnaces are backstopped by electricity generated in Austria while Merkel’s government spars with utilities including EON AG over how to add […]

With 140 Million Automobiles, China Stokes Global Energy Fears

The number of automobiles in China has shot past the 100 million mark. And it is expected to double within the next decade given that some 50 million cars were registered in the country from 2006 to 2010 alone. As of last month, the total number of registered vehicles amounted to 140 million in the […]

Greenpeace stunt at French nuclear plant revives debate

The future of nuclear power in France is back in the spotlight after Greenpeace activists broke into a power plant on Monday in a move designed to highlight the lack of security at nuclear plants. The stunt has reignited a row over nuclear power that is set to play a pivotal role in next year’s […]

Electric car rental scheme hits Paris streets

Pay-as-you-drive electric car rentals are expected to help cut pollution and reduce traffic in Paris, as the new fleet of fully electric Autiolib’ vehicles hits the French capital. As of Monday (5 December), Parisians could take the bubble cars for a ride from more than 1,200 parking spots where they rest for recharge. A subscription […]

How Saudi oil could start World War III

“I want to go to war with China,” said presidential hopeful Rick Santorum in a recent GOP debate, showing the cavernous lack of any good sense that has become his trademark. Nonetheless, Santorum was probably speaking for many Americans who fear that China may soon overtake the US as the world’s single great power. By […]

Debt Slavery – Why It Destroyed Rome, Why It Will Destroy Us Unless It’s Stopped

Book V of Aristotle’s Politics describes the eternal transition of oligarchies making themselves into hereditary aristocracies – which end up being overthrown by tyrants or develop internal rivalries as some families decide to “take the multitude into their camp” and usher in democracy, within which an oligarchy emerges once again, followed by aristocracy, democracy, and […]

Industry study touts large economic impact of shale-gas drilling

A new national study asserts that the shale-gas revolution is having deep, sustained economic benefits by creating jobs, reducing consumer costs, and stimulating growth. The industry-sponsored study by IHS Global Insight found that natural gas production in formations such as Pennsylvania’s Marcellus Shale supported more than 600,000 jobs nationwide in 2010 and is projected to […]

Energy supplies safe from Arab Spring: Qatar

Energy-rich Qatar moved on Monday to reassure consumer countries that the Arab Spring will not disrupt supplies from the Gulf, as Saudi Arabia stressed its goal to ensure stability on oil markets. Iran’s oil minister, meanwhile, dismissed EU threats of sanctions on Tehran’s financial and oil sectors, after a top official in Tehran warned that […]

World Energy Demand Growth is Cause for Economic Optimism, Says Tillerson

Future growth in world energy demand is a cause for optimism because it will signal economic recovery and progress, Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation (NYSE:XOM), said today. ExxonMobil is forecasting the global economy to more than double in size between 2010 and 2040, and during that time energy […]

How low can oil prices really go?

With the global economy teetering, the Organization of Petroleum Exporting Countries is coming under pressure to lower the price of oil before another worldwide recession does it for them. Every recession since the 1970s has been preceded by a spike in oil prices, and it would appear as though we have just experienced another such […]

High oil prices may threaten growth: BP

The fragile economic recovery could be negatively affected by high oil prices, especially in the United States, BP’s (BP.L) chief executive said on Tuesday. Despite the looming threat of a sharp economic slowdown in Europe affecting demand for oil around the world, oil prices have remained above $100 for most of 2011 thanks largely to […]

Has the War with Iran Already Begun?

The evidence of an extensive Western covert program against Tehran, and Iranian retaliation, is now too obvious to ignore Two incidents that occurred on Sunday—Iran’s claim of a shoot-down of a U.S. drone, and an explosion outside the British embassy in Bahrain—may have been unrelated. But they appear to add to growing evidence that an […]

BP: Halliburton Destroyed Test Results On Deepwater Horizon Cement

BP on Monday accused oilfield-services giant Halliburton of destroying unfavorable results from tests on cement used to plug the leaking well in the Deepwater Horizon disaster. Halliburton prepared the cement mix that BP had used to plug the deep-water well that blew out in April 2010, killing 11 and unleashing a huge oil spill. In […]

Trump Explains How To “Take The Oil”

Donald J. Trump has shocked audiences for months – and gotten several standing ovations — with his assertion that we should just “take the oil” from Iraq to repay the U.S. for liberating the country from Saddam Hussein​. But how do you just “take it?” In his explosive new book, Time to Get Tough, Trump […]

A reality check on U.S. oil imports and the shale revolution for Mortimer Zuckerman

Mortimer Zuckerman, the chairman and editor in chief of U.S. News & World Report, announced on November 25, 2011 that America’s energy problems are over thanks to the shale gas revolution. He delivered the good news in an op-ed in The Wall Street Journal called “How American Can Escape the Energy Trap”. The article’s subtitle […]

Nigeria: The Senate and the oil industry magicians

THE Nigerian Senate chamber has a fiery red rug but a fiery red rug should have ideally adorned the chamber of the House of Representatives. That is because honourable members are fiery. But distinguished senators lately showed fangs like a dragon when they hosted a minister; and now it has become more difficult to differentiate […]

Korea invests in rare earth resources mine in S. Africa

The Korea Resources Corp. will begin developing rare earth resources abroad. Such rare metals are called “industrial vitamins” that are being disputed among countries as they are necessary for the production of TVs or electric cars. The corporation said Sunday, “We have signed a contract to acquire a 10-percent of a project to develop a […]

China strives to standardize rare earth market

China has made great strides since a campaign that targets illegal rare earth exploitation, rare earth smuggling and excessive exploitation was launched by three central government departments on Nov. 10 Last month, the Ministry of Industry and Information Technology, Ministry of Environmental Protection and General Administration of Customs of China jointly launched an investigation into […]

Big oil returns to West, OECD nations for oil supply

BIG Oil is redrawing the energy map. For decades, its main stomping grounds were in the developing world – exotic locales like the Persian Gulf and the desert sands of North Africa, the Niger Delta and the Caspian Sea. But in recent years, that geographical focus has undergone a radical change. Western energy giants are […]

Peak Oil – Club Of Rome – Ian Dunlop

Ian Dunlop is Deputy Convener of the Australian Association for the Study of Peak Oil. Working with the Club of Rome, Ian wrote and helped produce this presentation on Peak Oil, also available as a Flash application here (Mac Only): http://sydneypeakoil.com/downloads/COR_peak_oil_ian_dunlop.app.zip

Kunstler: Suspended Civlization

Question du jour: why is Jon Corzine still at large? In what fabulous Manhattan restaurants has he been enjoying plates of cockscombs and lobster with sauce hydromel and cinghiale ai frutti di bosco, while less well-connected citizens of this degenerate republic have to order their suppers from the dumpster in the WalMart parking lot where […]

Syria given 24 hours to sign Arab League deal or face sanctions

Syria has been given a final deadline by the Arab League to accept international observers into the country or face sanctions. The Qatari prime minister, Sheikh Hamad bin Jassim al-Thani, said on Saturday that the league had given Bashar al-Assad’s regime 24 hours to sign its initiative. “If they want to come [and sign] tomorrow […]

Peak Oil – Roger Bezdek at the Smart Conference

Dr. Roger Bezdek, the President of Management Information Services, Inc., delivers the keynote presentation on Day 2 of the Smart Conference in Sydney, Australia on Thursday, June 21, 2007. Dr. Bezdek outlined the results of the two Hirsch Peak Oil Reports and details some serious implications for Australia’s distribution supply chains. Filmed for ASPO Australia […]

Iran Military Shoots Down US Drone

Iran’s military said on Sunday it had shot down a U.S. reconnaissance drone aircraft in eastern Iran, a military source told state television. “Iran’s military has downed an intruding RQ-170 American drone in eastern Iran,” Iran’s Arabic-language Al Alam state television network quoted the unnamed source as saying. “The spy drone, which has been downed […]

« 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