Orlov: Down the Skyscraper

It was Andrew Lawrence, the inventor of the skyscraper index, who pointed out that the building of the world’s tallest buildings is a good proxy for dating the onset of major economic downturns. His index has stood the test of time; the few times when it made an incorrect prediction can be adequately explained by […]

Translating “Peeking at Peak Oil”

The leader of the world’s foremost Peak Oil research group is Kjell Aleklett, Professor of Physics at the University of Uppsala in Sweden. He has just published a book on Peak Oil that summarises a decade of scientific research. Kjell’s book is truly remarkable but not only as an unparalleled analysis of the reality and […]

Professor Azadgan on “Peak Oil Theory”

International Political Economy Class

We Are Living As If We Had One and a Half Planets

The new WWF Living Planet Report warns of a significant decline in biodiversity, particularly in low-income countries, and a huge increase in the ecological footprint of high-income countries. Released ahead of the Rio+20 Earth Summit, it calls on the world to modify production and consumption patterns and turn to renewable energy sources. “Overall, biodiversity has […]

Chris Skrebowski on Peak Oil Phase 1

April 2012 – Chris Skrebowski on Peak Oil Phase 1 (2005 – ? )

Reflections on Peak Oil from an “Undeveloped World” Immigrant

Emotional Reactions I learned about Peak Oil (and all the other disasters: financial breakdown, climate change, resource depletion beyond oil – water, food, etc.) about five months ago. The first weeks I was numb and obsessive: I wanted to read more, know more. I watched videos and talked about the subject incessantly. I became frantic […]

Former U.S. Official Calls for Arming South Sudan Army

The United States should move in to provide ant-aircraft defense systems to South Sudan in order to discourage Khartoum from launching aerial attacks and persuade it into returning to negotiations, former special envoy to Sudan said. Since South Sudan gained its independence from the north in July 2011, it has accused its northern neighbor of […]

Clean Tech Headed for Stagnation

To be sure, the U.S. clean energy industry has been in a period of rapid growth, largely due to historic federal investments in the research, development, deployment, and manufacture of clean technologies. From 2009 through 2014, the federal government will invest a total of $150 billion, or the equivalent in magnitude to government support for […]

Arab Spring not over, oil to stay volatile

Oil prices have found a long-term floor at $90-95 per barrel and nearby spot oil prices could rise sharply if Middle East tensions increase again, the co-heads of trading company Mercuria said on Monday. Marco Dunand and Daniel Jaeggi, who together founded and run the Swiss-based energy and commodities trader, said prompt oil prices would […]

PetroDollars: South Korea tries to tame gasoline prices

Irresistible force is meeting immovable object in South Korea. Rising crude prices–or at least, rising until recently–is running up against the country’s regulation of gasoline prices and its desire to keep them as low as possible. Mriganka Jaipuriyar discusses the dilemma in this week’s Oilgram News column, PetroDollars. ———————————————————————————————————— The South Korean government can’t be […]

How high priced oil is changing our lives

Fewer cars and commuters, but also lower emissions Only rich people will be able to afford cars. Everyone else will be taking public transit. Commuters will move into Toronto and other urban centres, leaving the suburbs to revert to their former status as farmland. The only provinces creating jobs will be those with oil. The […]

Kunstler: Still Standing Amid the Wreckage

The New Urbanists held their big annual meet-up for four days last week and I stomped a big carbon footprint flying down to West Palm Beach for the doings. I don’t know who exactly picked West Palm, but it was at once peculiar, disheartening, instructive, and exhausting.    The Congress for the New Urbanism has […]

Major oil companies on peak oil

Background: Production from oil fields is known to peak and then decline. Oil production in a large and growing number of oil producing countries has peaked and declined. Because the world oil resource is finite, it is undeniable that world oil production will peak and decline also. However, it is extremely difficult to predict when […]

Updating world deepwater oil & gas discovery

his a guest post by Jean Laherrère, a long time guest contributor to TheOilDrum. Defining deepwater oil as the offshore resource found in water depths over 500 m, the data available as of October of 2010 was pointing to an ultimate around 150 Gb. This is the result of an extrapolation made last year: Figure […]

Peak Oil Denial: A New Batch Of Almost-Truths

People who like conspiracy theory are well served by the Oil Establishment’s ceaseless quest to present world oil supply as sufficient if not ‘abundant’, denying the evidence of Peak Oil, and accessorily keeping a lid on oil prices. [1] A Peak Oil Denial Sampler We who feel an urgent imperative to explain the reality and […]

What Is Our Energy Future?

Global energy consumption will double by mid-century, regardless of what the United States does. It’s not from the 1 billion people already using vast amounts of electricity, or the 1 billion using modest amounts of electricity.  It results from the 1.6 billion people that do not have any access to electricity whatsoever, the 2.4 billion that […]

Japan to Experience Power Shortages This Summer

Kansai Electric Power Co. (9503) and two other Japanese utilities may have power shortages this summer without supplies from nuclear reactors, a government panel said. Kansai Electric, the utility most dependent on nuclear power, may face the biggest shortage of 14.9 percent, the independent committee said in a draft report published May 12. Kyushu Electric […]

Peak Oil: The Sun Also Rises

The Net Exports Debate I concede the point on Net Exports.  In particular, after a discussion in the comments with Jeffrey Brown (the geologist who created the concept), I believe Net Exports help to clearly explain the combined dangers of peak oil and oil subsidies. Why did I persist in my resistance to the net exports concept so long? […]

Oil prices could double by 2022, IMF warned

Global trade would be profoundly affected if crude prices permanently doubled from current historic high of $113 a barrel The International Monetary Fund (IMF) has been warned by its internal research team that there could be a permanent doubling of oil prices in the coming decade with profound implications for global trade. “This is uncharted […]

The 10 Cities That Are Most Screwed By Peak Oil

Gas prices may finally be cutting into American sprawl, as cities have started growing faster than suburbs and people are driving less than they used to. So what happens if gas prices keep going higher? You can’t live in a cities like Merriam, Kansas without driving everywhere, as Maggie Koerth-Baker observes in Before the Lights […]

Saudi says $100 per barrel great price for oil

Top crude exporter Saudi Arabia wants an oil price of around $100 a barrel and would like to see global inventories rise before demand picks up in the second half of the year, Oil Minister Ali al-Naimi said on Sunday. International Brent crude settled at $112.26 on Friday, well off a peak of over $128 […]

The difficult future facing black gold

Oil is the leading source of energy in the world today, but its future is riddled with problems and experts disagree about the long term prospects for ‘black gold’, as swissinfo.ch discovered.   Historian Daniele Ganser is head of the Swiss Institute for Peace and Energy Research (SIPER) in Basel and chairman of the Swiss […]

EPA Grossly Misrepresents The Toxicity Of Corexit Used In Gulf Of Mexico

Quite incredibly, the EPA issued a positive report on May 1, 2012 regarding the safety and toxicity of various dispersants use in the BP Gulf Oil Spill. Included in this assessment was the use of Corexit. This report “indicated that all eight dispersants had roughly the same toxicity, and all fell into the “practically non-toxic” […]

It’s time for the truth about drilling

There is no doubt the oil and gas industry has been a topic of great discussion in New Zealand in recent months. Protests, Facebook pages, Twitter updates, websites – opposing deepsea oil drilling, hydraulic fracturing and even seismic testing. As a representative of the oil and gas industry I have heard it all. So first […]

How to Make Population Growth Reverse Itself

Most people seem to think that to reverse population you’d need violence, epidemics, or forced sterilization. Actually, you need literacy; read on. Many other people think technology will save us. Probably the greatest technological advance ever implemented to ease the likelihood of population-induced starvation was the Green Revolution. Engineered to end hunger, the Green Revolution […]

200 Year Supply Of Oil In Green River Formation

The Green River Formation, the world’s largest oil shale deposit, is located in a largely vacant region of mostly federal land on the western edge of the Rocky Mountains that includes portions of Wyoming, Utah, and Colorado (see map above). Here’s an excerpt from testimony about the Green River Formation that was provided on Thursday […]

Erik Townsend Interviewed by Unconventional Finance

PEAK OIL – Erik Townsend Interviewed by Unconventional Finance Erik Townsend’s Website: http://www.eriktownsend.com/

Iran discovers 26 trillion cubic feet of natural gas in Persian Gulf

The latest exploration operations at the Kish gas field, which is located in the Persian Gulf, show that it contains at least 66 trillion cubic feet of natural gas, which is a rise of 26 trillion cubic feet over previous estimates, according to an official of the National Iranian Oil Company. And explorations are underway […]

Potential China link to cyberattacks on gas pipeline companies

Investigators hot on the trail of cyberspies trying to infiltrate the computer networks of US natural-gas pipeline companies say that the same spies were very likely involved in a major cyberespionage attack a year ago on RSA Inc., a cybersecurity company. And the RSA attack, testified the chief of the National Security Agency (NSA) before […]

How will peak oil affect the economy

Economist Richard Douthwaite discusses the impact of peak oil, May 2011

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