Resource depletion: Opportunity or looming catastrophe?

Imagine a world of spiralling food prices, water shortages and soaring energy costs. For many living in the world today, this nightmare scenario is already a reality. Even for the well-off living in developed economies, it is becoming all too familiar. And on current projections, it’s going to get a whole lot worse. Short-term fluctuations […]

Myth of Perpetual Growth is killing America

Yes, everything you know about economics is wrong. Dead wrong. Everything. The conclusions of economists are based on a fiction that distorts everything else. As a result economics is as real as one of the summer blockbusters like “Battleship,” “The Avenger” or “Prometheus.” The difference is that the economic profession is a genuine threat, not […]

Al-Naimi: Maybe There Is Need For Higher Oil Output

Saudi Arabian Oil Minister Ali al-Naimi said Monday there might be a need for higher oil production above OPEC’s current ceiling, and the kingdom will continue to meet its customers’ demand. “I said maybe… When customers…say ‘we want oil’, what do you do, we give it to them,” Mr. Naimi told reporters in Vienna in […]

US Exempts Seven Countries From Iran Oil Sanctions

The U.S. added seven nations to the list of countries exempted from Iran oil sanctions, Secretary of State Hillary Clinton said. The countries are India, Malaysia, South Korea, South Africa, Sri Lanka, Turkey and Taiwan. They “have all significantly reduced their volume of crude oil purchases from Iran,” Clinton announced today in an e-mailed statement. […]

Jeff Rubin: Who’s in the driver’s seat?

Persuading North Americans that their oil-guzzling days are over is a hard sell – but that doesn’t change the facts. The old economic order is shifting, notes economist Jeff Rubin, author of The End of Growth. Here is an excerpt from Chapter 7, Zero-Sum World: Why China can afford triple-digit oil prices while America can’t […]

Balancing population growth and resources

The world’s population reached seven billion in October 2011. The sixth billion was reached in 1999 and it is significant that the seventh billion took the same number of years (12) to add as the sixth. This is relevant because prior to that there had been a progressive shortening of the time taken to add […]

Stanford biologists call for humanity to ‘scale itself back’

It’s a dire message, but that’s the point. The quote comes from a paper by Stanford biology Professors Paul Ehrlich and Gretchen Daily, with the Nature Conservancy’s Peter Kareiva, published in Nature’s new Rio+20 issue. The successor to the United Nations’ 1992 Conference on Environment and Development in Rio de Janeiro, Rio+20 begins on June […]

Labor Supply Poses Challenge for Canada’s Oil Sands

Collaboration will be critical in addressing labor challenges surrounding development of Canada’s oil sands resources, according to a recent report by Deloitte, “Balancing the People Equation: How enhanced collaboration can help solve labour challenges in the oil sands”. Demand for workers in Canada’s oil sands industry in particular poses as a challenge for Canada’s energy […]

Iraq Says Oil Price Decline Is Severe; Surplus ‘Tremendous’

The latest crude price decline has been severe and there’s “tremendous” surplus in the market, Iraqi Oil Minister Abdul Kareem al-Luaibi said. “It is very clear that there are tremendous surplus quantities that led to this severe decline in the prices,” al- Luaibi said today in Vienna, where he is attending the meeting of the […]

Heinberg: Neither a borrower nor a lender be

Part 1 of 3 of an update to Richard Heinberg’s 2011 book The End of Growth: Adapting to our New Economic Reality. In The End of Growth, published in September 2011, I made the observation that world economic expansion, which has been barreling along for the past few decades, is now stalling. The book further […]

Former President of Exxon Arabian Gulf Says We Have Exploited Much of the Easy to get Oil

Dr. Gerald Bailey tells FutureMoneyTrends.com that “the cheap oil is pretty much behind us.” Though he is not a believer in peak oil, he does believe the world has exploited much of the easy to get oil. In this 11 minute interview with FutureMoneyTrends.com, Dr. Bailey covers the state of the current oil markets and […]

Amory Lovins: A 40-year plan for energy

In this intimate talk filmed at TED’s offices, energy innovator Amory Lovins shows how to get the US off oil and coal by 2050, $5 trillion cheaper, with no Act of Congress, led by business for profit. The key is integrating all four energy-using sectors—and four kinds of innovation. Amory Lovins was worried (and writing) […]

Arab World ‘needs to create 75 million jobs’

The Arab World will need to create a staggering 75 million jobs in the coming decade – an increase of 40 per cent more than what currently exist – to keep pace with the young and fast-growing population set to enter the workforce, a report said. However, with the substantial jobs-skills mismatch currently plaguing the […]

Global summit aim to fund population control

World leaders to meet in London in July to pour cash into family planning in the developing world A major summit is being planned for July that aims to pour money into family planning in the developing world after almost two decades of neglect, particularly during the Bush years. Parallel to this, millions of dollars […]

Iran Seeks to Build New ‘Hub’ for Crude Exports

Iran will build a $5.2 billion export terminal in the southern port city of Jask and turn it into the new “hub” for crude exports, the Oil Ministry’s website, Shana, reported. Some 20 million barrels of crude will be kept at the storage terminal, which will be located on the Gulf of Oman, east of […]

Will the Pentagon be forced to buy oil?

Congress may force DOD to save money and scrap biofuels. Right move or short-sighted? CNN’s Chris Lawrence reports.

North American Natural Gas is Fueling an International Political Power Shift

North American exports of natural gas threaten the dominance of gas exporting giants like Russia, Qatar and Algeria who currently control much of the world’s gas supplies. First U.S. natural gas exports are still three years away, but it’s already creating a buzz. Rivals who dominate the business now are trying to play down the […]

What will happen when Earth is overpopulated?

The following inquiry came from an eighth-grader in Pennsylvania. Q. In science class, we learned that one day there will be too many people to produce enough food and shelter for all of them. I asked my science teacher two questions that he wasn’t sure how to answer. What will happen when the world becomes […]

Germany’s Energy Revolution Hits Potholes

When the German government decided last year to phase out nuclear energy by 2022, following the catastrophe at the Fukushima power plant in Japan, it was clear that the process would require extraordinary effort, not only in further developing alternative energy sources, especially renewables, but also in upgrading the country-wide electricity grid. Germany’s nuclear power […]

US “disappointed” by failure of Iran-IAEA atom talks

Lack of progress in talks between Iran and the International Atomic Energy Agency is disappointing and it shows Tehran’s continued failure to abide by its commitment to the U.N. nuclear watchdog, a U.S. envoy said on Saturday. The IAEA and Iran failed at talks on Friday to unblock an investigation into suspected atom bomb research […]

Tech Talk – Saudi Arabia and Natural Gas Liquids

The price of crude oil has been shown to have significant impact on the global economy, and in the current somewhat fragile state of the various parts of that economy the current lower prices help. Yet Stuart Staniford has commented that, given the Saudi need for income to hold off “Arab Spring” dissatisfaction, they are […]

Daniel Yergin: America’s New Energy Reality

AMERICA needs a new political discourse on energy. This would recognize the emerging reality that the United States has turned around as an energy producer and is on a major upswing. And the impact will be measured not just in energy security and the balance of payments. Energy development also turns out to be an […]

Iran condemns oil quota ‘violators’ of OPEC

Iran on Saturday blasted fellow OPEC members Saudi Arabia, Kuwait and the United Arab Emirates as oil quota “violators”, accusing them of depressing global crude prices by over-pumping. Iran’s OPEC representative, Mohammad Ali Khatibi, said Tehran had officially protested to the OPEC that Saudi Arabia was “saturating the market” under pressure from the United States […]

What About $67 Oil?

The story so far: 1: There was a bubble in oil prices in 2008. The evidence for that is it popped which is a pretty good clue; although so far no one has figured out what drove the bubble. Yes it was probably speculators with access to easy money, but sadly no smoking gun has […]

Michael C. Ruppert on Occupy, Peak Oil, Environment and The Shift

12/17/11: The Refreshment Center’s Gabrielle Price interviews Michael C. Ruppert at his home in Sebastopol, California. We talk about Occupy and how the collapse of industrial civilization is coinciding with the most dynamic protest movement since the 60’s. Mike touches upon geopolitics, energy depletion and environmental issues that humanity faces and the spiritual awakening that […]

The Long Descent: The End of the Industrial Age

John Michael Greer on peak oil and the end of the industrial age. In his compelling book The Long Descent, John presents a challenging new vision of the future, traces the decline and fall of an industrial society fatally out of balance with planetary limits and shows how personal change and local action can shape […]

Iran may build gas pipeline in Iraq

Iraqi officials have expressed interest in using experts from Iran to build a section of a natural gas pipeline on their side of the border, an official said. Javad Oji, managing director of the National Iranian Gas Co., said talks with Iraqi officials in Baghdad resulted in agreements between the countries to move ahead with […]

Wave Energy Device Tested In Black Sea

Israel-based wave power designer and manufacturer Eco Wave Power (EWP) has completed the first open water phase of testing for its new wave energy device. The company said it successfully installed a medium-scale wave energy power plant in the Black Sea during April. The latest phase of testing follows on from the initial lab-based testing of the device at the Institute […]

Bill Rees: Why We’re in Denial

Bill Rees discusses cultural denial and how we could start adapting to our ecological challenges through a new cultural narrative. From the recent International Conference on Degrowth in the Americas.

U.S. likely to cap gas exports

Industrial lobbying in the United States is likely to put a cap on potentially huge natural gas exports, benefiting domestic industries such as petrochemicals and refining, but limiting export profits from gas-hungry Asia and Europe. The U.S. has experienced a boom in shale gas exploration, which will potentially turn it from a net importer of […]

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