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News from October 2012

Speculators Vindication

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As oil prices soared to a record high in 2008, traders, politicians and regulators were stunned as oil made a move of historical portions. Some said we hit peak oil! Others said it was an oil company conspiracy! And others said it was a sign of pure market manipulation by speculators! We heard from Michael Masters […]


Global Shale Energy Revolution: It Has Barely Begun

Global Shale Energy Revolution: It Has Barely Begun thumbnail

The Earth has barely been explored in terms of its vast energy potential. New sources of energy are cropping up in unlikely places, on an almost daily basis. Shale and other unconventional gas resources have been identified in France, Germany, Hungary, Italy, Netherlands, Poland, Romania, Spain, Sweden, Switzerland and the UK. Land and license acquisition, […]


Can the US survive Peak Oil?

Can the US survive Peak Oil? thumbnail

In this video I take a look at the oil production and consumption of the world – countries and regions. Can the US survive Peak Oil? What would happen if WWII started? Does the US have energy and food security? BP Statistical Review 2011: http://www.bp.com/sectiongenericarticle800.do?categoryId=9037130&contentI…


Robert Rapier Interviews John Hofmeister: A difficult decade ahead for oil prices and supplies

Robert Rapier Interviews John Hofmeister: A difficult decade ahead for oil prices and supplies thumbnail

Potential for Expansion of Global Oil Production I, along with my editor Sam Avro, recently conducted a broad-ranging interview with John Hofmeister, former President of Shell Oil. The topics touched upon included future oil supplies and prices, climate change, U.S. energy policy, and topics familiar to R-Squared Energy readers such at Peak Lite and the […]


Iran’s rial plunges as Western sanctions bite

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Iran’s currency has lost more than a quarter of its value against the dollar over the past week, a sign that Western sanctions are having a serious impact on the country’s economy. “This speaks to the unrelenting and increasingly successful international pressure that we are all bringing to bear on the Iranian economy“ – Victoria […]


Russian General: “The USSR Collapsed and the Same Fate Has Been Prepared for the USA”

Russian General: “The USSR Collapsed and the Same Fate Has Been Prepared for the USA” thumbnail

In the following video commentary Russian General Konstantin P. Petrov (Ret.) asks some interesting questions and includes his own thoughts (perhaps the non-official Russian position) about a variety of topics that include the end of US dollar hegemony, the orchestration of the 9-11 attacks to engage America in a mid-east war, the puppeteers behind the […]


Energy New Front in Economic Warfare

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Opposition leaders in Canada suggested a string of cyber security threats to domestic companies might be the work of Chinese hackers. Twice last week, the Canadian government confirmed two separate companies -– both in the energy sector — were the target of cyber-attacks. In the United States, meanwhile, the Obama administration said national security interests […]


Is energy independence a fantasy?

Is energy independence a fantasy? thumbnail

Can America’s vast shale oil and gas reserves – combined with fracking and drilling technlogies – drive the U.S. to complete energy independence? It looks doubtful. The U.S. has become the world’s second-biggest oil producer – having passed Russia, and trailing only Saudi Arabia. But can America’s vast shale oil and gas reserves – combined […]


Crude Oil New $75 Floor Price

Crude Oil New $75 Floor Price thumbnail

Oil analysts, pundits and commentators are getting a hold on the rising threat of what is called “severe correction” hitting oil markets. The 2008-2009 sequence where Nymex prices crashed from a peak around $147 a barrel to about $40 are relatively fresh in the mind. The rebound was also dramatic, pushing prices through 2010 back […]


Food Security by Numbers

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Earth Day Food insecurity is on the rise and is likely to get worse as the global population approaches nine billion people by 2050. In today’s feature, we show how this form of insecurity is inextricably linked to the price of commodities and the increasing challenges posed by climate change.   Prepared by: ISN staff […]


Stuff They Don’t Want You To Know – Peak Oil

Stuff They Don’t Want You To Know – Peak Oil thumbnail

FAIR USE NOTICE: This video may contain copyrighted material. Such material is made available for educational purposes only. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 U.S.C. section 106A-117 of the U.S. Copyright Law. + Videos are for educational purposes only with the purpose of promoting social, […]


What if the U.S. economy stopped growing — forever?

What if the U.S. economy stopped growing — forever? thumbnail

“There was virtually no economic growth before 1750, suggesting that the rapid progress made over the past 250 years could well be a unique episode in human history,” writes Robert J. Gordon, an economist at Northwestern University. “Economic growth may not be a continuous long-term process that lasts forever.” In his bleak paper, “Is U.S. […]


Spin from the American Petroleum Institute

Spin from the American Petroleum Institute thumbnail

According to the American Petroleum Institute (API), the lobbying arm of the oil and gas industry, “America needs a balanced energy policy that promotes energy efficiency, conservation and greater supplies of all forms of energy, including domestic oil and natural gas. The industry has proven it can develop these resources safely and in an environmentally […]


Alarm bells on the longevity of oil wells in Saudi Arabia

Alarm bells on the longevity of oil wells in Saudi Arabia thumbnail

A headline in the Telegraph of September 6 said “Saudi oil well dries up”, which is the newspaper way of sensationalising a report published by Citigroup earlier about Saudi Arabia production that raised alarms not only in Saudi Arabia but around the world. The report titled “Saudi Petrochemicals — The End of the Magic Porridge […]


Global Fisheries Approaching Collapse

Global Fisheries Approaching Collapse thumbnail

A new report by the Sustainable Fisheries Group (SFG) has confirmed the suspicions held by many researchers that the thousands of fisheries that there isn’t much data on, that’s nearly 80 percent of the world’s fisheries, are in steep decline but could potentially recover to a degree if they are properly managed. The report, titled […]


Rising Diesel Fuel Prices Driving Independent Truckers Crazy

Rising Diesel Fuel Prices Driving Independent Truckers Crazy thumbnail

Some American truckers discussing the impacts of high fuel prices. March 2012


Kunstler: In Full Flight

Kunstler: In Full Flight thumbnail

      Flying at higher platitudes in the thin upper air of his own mind last week, Republican candidate Mitt Romney remarked apropos of airplane travel: “[T]he windows don’t open. I don’t know why they don’t do that. It’s a real problem. So it’s very dangerous.”      It turned out that Mitt meant […]


Mitigation of Peak Oil

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The mitigation of peak oil is the attempt to delay the date and minimize the social and economic impact of peak oil by reducing the world’s consumption and reliance on petroleum. By reducing petroleu… Mitigation of Peak Oil – Wiki Article – http://wikiplays.org Original @ http://en.wikipedia.org/wiki/Mitigation_of_peak_oil All Information Derived from Wikipedia using Creative Commons License: […]


China Bails Out World’s Largest Maker Of Solar Panels

China Bails Out World’s Largest Maker Of Solar Panels thumbnail

Chinese local governments are facing the prospect of major unemployment problems should the swathe of solar panel makers, that have been subsidized from birth to now-near-death, continue to suffer from US and European tariffs (as well as simple gross mis-allocation of capital amid massive over-capacity). However, as is the way of the mal-investing world today, […]


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