It’s the end of the world we’ve known since WWII

Summary: This is an updated status report about the end of the post-WWII world. The global recession has accelerated the transition, revealing the current order’s weaknesses, and showing the people in the emerging nations that they have outgrown it. The major nations continue to defend the current systems, a futile effort wasting time and resources […]

America’s Jaw-Dropping Shale Gas Boom Is Starting To Slow Down

Everyone’s raving about the American shale gas revolution, which could make the country the next Saudi Arabia of energy. Indeed, the growth rate in shale gas production has gone geometric. However, things are showing signs of slowing down. Credit Suisse’s Oil & Gas Exploration & Production research team led by Arun Jayaram is out with […]

Will All the Money Printing Lead to Hyperinflation?

Fiat money is a wonderful thing is it not? Truly one of the more useful developments in society since humans first learned to think / speak, that one can put in a day’s work and be rewarded with a piece of paper, which can itself be exchanged for something as marvelous as a punnet of […]

Generation Y not driven to drive

To Shoshana Gurian-Sherman, driving seemed like a huge hassle. “Part of it was laziness,” the 23-year-old Minneapolis resident recalled. “I didn’t really want to put in the effort to learn how to drive … I knew how to ride the buses, so it was not necessary. “And the other thing was, it was just scary, […]

Natural Gas for Automotive Fuel

It is difficult to say which of the growing number of fuel options will power the cars of the future. But natural gas, given its domestic abundance, low price and lesser carbon footprint, is certainly a contender, at least as far as researchers at the federally funded Argonne National Laboratory are concerned. Some of the […]

Tech Talk – a new Energy Report from Harvard makes unsupportable assumptions

The OGPSS posts of the last few months have been following a path of looking in a relatively realistic manner at crude oil production with emphasis on that coming from the United States, Russia and Saudi Arabia – the current focus of the weekly pieces. An earlier piece, looked at a Citigroup report of considerable […]

Iran: There will be war — and we’ll win

Just days after the breakdown of talks with the West over Iran’s nuclear program, the deputy chief commander of the Revolutionary Guards announced that there soon will be war – and that Allah will ensure his forces are victorious. The last round of talks between Iran and the P5+1 (the United States, Britain, France, China, […]

WSJ: Has Peak Oil Actually Peaked?

WSJ’s Liam Denning takes a seat on Mean Street to attempt to answer the question, has peak oil actually peaked?

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