A World On The Verge Of War?

Here is a summary of where the world stands: Unable to reach a compromise over the weekend, South Africa is now in an all out labor strike, with the police again firing rubber bullets at miners with lethal escalation guaranteed Back from vacation, the once again penniless citizens of Spain, Greece, and Portugal have resumed […]

Tech Talk – China’s Coal Industry

In this run-up to the election, the American Energy future seems to have faded into the quiet background. Gone are the concerns of past years, as both parties seem to have bought into the idea that the nation is well on track toward a much reduced need to import oil. Wood Mackenzie is forecasting that […]

Saudi Arabia Not at Risk of Being Oil Importer

Saudi Arabia, the world’s No. 1 crude exporter, can boost its output capacity and isn’t at risk of becoming a net importer of oil, an energy analyst said, rebutting a report by Citigroup Inc. Mohammad Al-Sabban said a Citigroup study published on Sept. 4 assumes that Saudi Arabia will maintain its production capacity for years […]

Tar sands, oil shale, and heavy oil: Why the conventional wisdom about unconventional oil is likely to be wrong

In the old days, that is before 2010, the oil industry used to regale the public with tales of plenty that revolved around what is commonly called “conventional oil.” Conventional oil refers to oil in a liquid state occurring naturally and coming from a well on land or water. It’s what most people think of […]

Neoliberalism, Degrowth and the Fate of Health Systems

There are unprecedented and widely unappreciated dangers posed to public health, nursing, medicine and allied health professions by the ongoing global economic contraction. This is a multilayered and, frankly, emotionally difficult topic to digest. Before discussing how health systems are affected we first lay out the larger social-ecological context of modern society’s predicament. This includes […]

Nigeria: The Concern Over Population Explosion

THE seeming national debate of late on the rising population of Nigeria, and concern over its implications for development and security is healthy. It is equally in tandem with global interest over the issue, which has necessarily become important in terms of size and composition. Ultimately, government should fathom out an appropriate policy from the […]

The Energy Holy Grail 12.0: Is Our Quest At Its End?

I’ve been working with new energy inventions and their creators for almost 15 years now.  I don’t know how many times I’ve heard a new technology described as “the Holy Grail”:  solving all of the world’s problems forever. Well, here’s the newest one using the Holy Grail cliche: a supposedly carbon-neutral method of using microbes […]

Report to Galactic Command: the eradication of humans is in progress

From: Earth Orbital Outpost To: Galactic Central Command (note: time spans in this report are measured in Earth orbital revolutions. One Earth orbital revolution corresponds to 4e-10 Galactic years) Progress report: Human eradication plan – Strategic Summary The Earth Orbital Outpost is pleased to report to Galactic Command that the eradication of the intelligent beings […]

Iran’s Revolutionary Guards commander says its troops in Syria

Members of Iran’s elite Islamic Revolutionary Guards Corps are in Syria providing non-military assistance and Iran may get involved militarily if Syria comes under attack, its commander said on Sunday. The statement is the first official acknowledgement from a senior military commander that Iran has a military presence on the ground in Syria where an […]

Kuwaitis rally for democratic reforms

  More than 3,000 Kuwaitis have protested in front of the parliament demanding the election of a prime minister from outside the ruling al-Sabah family. Monday’s protest was also against a government move to amend the electoral law and was attended by 21 lawmakers from the opposition-majority parliament which was elected in February before being […]

Libya – ‘Death To America’

Try to imagine more deluded reporting than this by America’s Presstitute “free press.” For 11 years Washington in pursuit of its rightful hegemony has been sending troops, bombers, jet fighters, helicopter gunships, drones, and assassination teams into seven Muslim countries. Two of the Muslim countries, Iraq and Libya, and perhaps more depending on how you […]

Saudi Kingdom addresses domestic energy consumption head-on

THE flame of oil is not eternal – none can dare deny. Suspicions concerning longevity and indeed eternity of crude supplies continue to linger. Citigroup said in a recent report – the onus is back again on the supply side of the global energy equation. Having sailed through scare of ‘Peak Oil’ – in not […]

Day of Rage in Arab World Tests New Arab Governments

Protesters against an anti-Muslim film stormed the American Embassy compound in Tunisia and targeted diplomatic missions in Sudan and Yemen, while in Egypt the main Islamist groups sought to ease tensions with the U.S. The day of turmoil across the Arab and Muslim world put new Arab Spring leaders in nations such as Tunisia and […]

Iraq sees exports reaching 6 mln bpd by 2017

Iraq laid out more milestones on its path back to oil producing power, targeting 6 million barrels per day exports by 2017, and confirming it was currently pumping more than neighbour and fellow OPEC member Iran. Iraq’s Oil Minister Abdul-Kareem Luaibi said on Saturday he expected oil exports will reach 2.9 million bpd next year […]

10 Shocking Quotes About What QE3 Is Going To Do To America

Ready or not, QE3 is here, and the long-term effects of this reckless money printing by the Federal Reserve are going to be absolutely nightmarish.  The Federal Reserve is hoping that buying $40 billion worth of mortgage-backed securities per month will spur more lending and more economic activity. But that didn’t happen with either QE1 […]

Review: “Reinventing Fire” by Amory Lovins

This book continues the presentation of the Lovins perspective, essentially the claim that there is great scope for conservation measures and alternative technologies to solve our problems and enable maintenance of rich world economies and lifestyles. He says at least 80% of US power, and possibly all of it can come from renewable energy sources […]

US scrambles to rush spies, drones to Libya

The U.S. is sending more spies, Marines and drones to Libya, trying to speed the search for those who killed the U.S. ambassador and three other Americans, but the investigation is complicated by a chaotic security picture in the post-revolutionary country, and limited American and Libyan intelligence resources. The CIA has fewer people available to […]

BofA Sees Fed Assets Surpassing $5 Trillion By End Of 2014… Leading To $3350 Gold And $190 Crude

Yesterday, when we first presented our calculation of what the Fed’s balance sheet would look like through the end of 2013, some were confused why we assumed that the Fed would continue monetizing the long-end beyond the end of 2012. Simple: in its statement, the FOMC said that “If the outlook for the labor market […]

The Arab mess — and America’s dilemma

This week’s terrorist attack on the U.S. consulate in Benghazi, Libya — which claimed four American lives, including that of our superb ambassador, Christopher Stevens — reflects a much broader and deeper long-term problem for our national security: The Arab world as a whole is a massive failure. It is failing big, it is failing […]

Airlines grapple with food vs. biofuel debate

Airlines battling to cut costs and pollution may not find a quick fix in biofuels, as concerns grow that using feedstocks to create an alternative to kerosene will push food prices higher. The European Union plans to impose a limit on the use of crop-based biofuels, in a major shift in the region’s much-criticized biofuel […]

Is It Peak Silver Redux?

As prices at the pump gradually move back up, one finds no shortage of people calling for new financial regulations. Frequently blamed on speculators, higher gasoline prices are – as some politicians say – the result of lax laws regulating the financial system. Nevertheless, can it really be only speculators that are driving up the […]

Russia Faces a Troubled Future

Russia of today is an oil-rich country controlled by corrupt politicians, mafias and wealthy elitists who buy foreign goods and keep their wealth in foreign banks; send their children to Western schools and universities; take vacations abroad; and even seek health care in the Europe and the United States. Vladimir Putin exemplifies this focus on […]

Laissez-Faire Failing World’s Dwindling Water Resources

Growing water shortages in many countries are a major threat to global security and development and should be a top priority at the U.N. Security Council, a panel of experts said in a new report. However, that report ignores the biggest threat to water security: neoliberal policies of the free market economic system laying waste […]

Let’s Not Let L, N and G Spell “Stupid”

My journalist daughter always reminds me “Don’t bury your leads”, so here goes:  we are not just ill-advised, but downright foolish to expand the export of liquefied natural gas (LNG). There are several reasons why. World LNG prices are based on the price of crude oil or its products.  This ignores the fact that natural […]

Gas pipeline proposed for British Columbia

A Houston energy company announced it signed a preliminary deal to develop plans for a natural gas pipeline to service LNG export facilities in western Canada. Spectra Energy Corp., which has headquarters in Texas, announced it signed a development agreement with BG Group to build a gas transit system for liquefied natural gas export facilities […]

Japan Aims to Abandon Nuclear Power by 2030s

Japan’s government said it intends to stop using nuclear power by the 2030s, marking a major shift from policy goals set before last year’s Fukushima disaster that sought to increase the share of atomic energy to more than half of electricity supply. Japan joins countries such as Germany and Switzerland in turning away from nuclear […]

India Increases Diesel Prices Again

India’s first increase in diesel prices in 14 months and signs it will open its aviation industry to investment by foreign airlines may reflect a more assertive Prime Minister Manmohan Singh as he seeks to trim the fiscal deficit and raise growth. Higher fuel prices brought calls for a rollback from Singh’s allies, pressure he […]

QE3: Fed Primes Pump, Americans To Pay Even More At Gas Pump

The Federal Reserve announced a third round of quantitative easing Thursday afternoon, and it is big: A net $40 billion a month in additional purchases of mortgage-backed securities. And policymakers said additional accommodation will continue “for a considerable time after the economic recovery strengthens.” But the impact of a big, open-ended QE3 is not so […]

Venezuela oil production was 2.99 million bpd in August

Venezuela’s oil production has not risen above 3 million barrels per day (bpd) this year, despite the assertions of President Hugo Chavez’s government, according to an internal report seen by Reuters. Chavez’s socialist administration wants to ramp up the OPEC nation’s crude output – its main source of revenue – but has not published certified […]

Angry protests spread over anti-Islam film

Demonstrations over US-made film said to insult Islam are spreading across Middle East and North Africa. Protesters angered by an anti-Islam film have stormed the US embassy compound in Yemen’s capital, Sanaa, as similar demonstrations have spread to several countries across the Middle East and North Africa. The protesters on Thursday removed the embassy’s sign on the outer wall and […]

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