Central Asia as Iran’s saviour

Tehran’s high echelon is trying to find new opportunities to enter the Asian markets as U.S. and European economic sanctions strengthen against Iran. The bans on the import of Iranian oil to such countries as China and India is gradually having more influence on the economy as a result of the Western sanctions in connection […]

Joe Rogan: Hurricane Sandy, Peak Oil, Glimpses of Apocalypse

Audio taken from episode #279 – Duncan Trussell, Brian Redban Joe and Duncan talk about Hurricane Sandy, sudden climate changes, peak oil, and the glimpse of apocalypse we see when natural disasters hit civilization.

Worms, termites, microbes offer food security

Worms and termites are not likely to win hearts and minds, but they, along with lichens and microbes, are vital to food security, say biodiversity specialists who attended this month’s United Nations conference on the Convention on Biological Diversity (CBD) in this south Indian city. “Worms, termites, lichens and soil microbes may well be the […]

China eyes change to one-child policy

The world awoke to some very encouraging news out of China this morning.  The country may scrap a 30-year-old policy that has resulted in millions of orphans. The Chinese government leaked a report on the country’s one-child policy that it commissioned from a high profile Chinese think tank called the China Development Research Foundation.  The […]

4 Questions to Kjell Aleklett: What will happen when oil flow declines?

  (Annick Hulth asked these questions in ”Nya horisonter”, [New Horizons] that is Uppsala University’s magazine on research, education and the interplay between these two activities. The magazine is published twice annually in April and October in both Swedish and English. New Horizons is distributed to decision makers, alumni, the media, the university’s collaborators and […]

Natural gas surge called “redefining global phenomenon”

The old ways of looking at energy no longer apply, speakers told a standing-room only-crowd at Rice University Thursday. “This will be the redefining global phenomenon, from a finite world to a surplus world,” said Ken Hersh, co-founder and CEO of NGP Energy Capital Management. He spoke at the 2012 Rice Energy Finance Summit, a […]

Getting On The Train – The Rail Resurrection Gets Underway

Getting On The Train Given emerging data in 2012, it’s becoming increasingly clear that the post-war automobile era in the United States is now in well-articulated decline. Accordingly, it makes sense to note the beginning of a long-term supertrend that is just getting started: the resurrection of America’s rail system. At Seattle’s historic King Street Station (a […]

The Blast Light: Peak Oil

Created by Vancouver Film School students through the VFS Entertainment Business Management Program: (Season 10) Producers: Carlos Serrano, Chaman Malhi, Sean Shi Da Wang Host: Megan Phillips Cinematographer: Ian Berg Editor: Ian Berg Senior Producer: Peter D. Marshall Production Coordinator: Jocelyn Spencer-Mills Executive Producer: Jessica Leigh Clark-Bojin

Post-Sandy Gas Lines Go On And On And On (And Will Continue To)

Let the siphoning begin? “Guy on W96th ‘borrowing’ a gallon from his friend.”(@coreykilgannon) The great post-Sandy gas shortage continues! Though officials say they’re working to alleviate the problem, don’t expect to see lots of fuel flowing at the pumps just yet. See, distributing the stuff is very difficult under the circumstances. So if you can […]

Somebody Should Start The ‘Stuff Costs Too Much’ Party

Stuff costs too much.  Seriously.  Every time I go to the grocery store these days, I am absolutely horrified by the prices.  I try not to buy anything that is not on sale, but the problem is that I am discovering that the new sale prices are the old regular prices.  So now paying what […]

Predicting the Next Shock to the Global Economy

The growing gulf between the behavior of investors enamored with monetary and fiscal largess and the reality of globally weakening economies — a phenomenon I call the Grand Disconnect — is profoundly unhealthy. It will end, sooner or later, in any case. One way it could be eliminated is through the rapid expansion of economies […]

What no candidate says about energy and the economy

This election is being framed as a choice between two different approaches to return to robust economic growth. But what if both sides are missing a critical underlying factor in our economic troubles? What if tools of the past no longer fit the economy of the future?  Economic growth, as we have known it, is […]

Alaska North Slope Output Rises as Prudhoe Bay Ramps Up

Alaska North Slope oil production increased 11 percent in October from a month earlier as fields in Prudhoe Bay ramped up production. Output averaged 571,269 barrels a day in October, up from 516,296 in September, the state’s tax division said on its website today. “This was part of the normal ramp-up following the planned summer […]

“Brooklyn Is Out Of Gas,” Wait For Fuel Can Last Hours

An aerial shot of the wait for gas in the Bronx.(@CEOGuddaHouse) There may be hundreds of thousands of gallons of gasoline in the Arthur Kill between Staten Island and New Jersey but there doesn’t appear to be much of that liquid gold at the pumps. In the wake of Hurricane Sandy reports are coming in […]

Electric Car Sales Increase 228 Percent

Automakers operate on a different calendar, in which the 2012 model year recently came to a close.  As my colleague, Luke Tonachel, explains, this was the year of the green car, with record new fleet fuel efficiency, a 55 percent increase in hybrid sales, and more than a three-fold increase in plug-in electric car sales.  […]

U.S. natural gas inventories notch record high

U.S. natural gas inventories climbed last week to an all-time high, the fourth straight year a record high has been hit at this point in the season, according to data released Thursday by the Energy Information Administration. The EIA report showed that total domestic gas inventories climbed last week by 65 billion cubic feet to […]

The cities that power the global economy are the ones most at risk of flooding

Millions upon millions of people live in coastal cities—not just New York and the Boston-Washington corridor, Los Angeles, San Francisco, Miami, and New Orleans, but also many of the great cities in the emerging economies of Asia, India, and around the world. Their coastal locations are what fueled their growth in the first place, as […]

NYC taxi firms run out of fuel as gasoline crunch deepens

New York taxi and car service companies started pulling vehicles off the road on Thursday as the fuel crunch deepened, with the vast majority of storm-hit service stations in the greater New York area now out of gasoline or without power. Power outages and fuel shortages have forced many gasoline stations to shut, and now […]

Another Reason to Welcome Out the Age of Oil…

A new study by UCLA scientists has shown that even brief exposure to ultra-fine particles found near freeways is enough to boost the tissue inflammation that exacerbates asthma. Air pollution particles one-thousandth the width of a human hair incited inflammation deep in the lungs. peak oil blues

Libyan oil workers vie for regional vs central control

Libya’s National Oil Corporation is reviewing a proposal for a Benghazi branch as officials contend with opposition by NOC staff in Tripoli versus protests and threats of output cuts by workers in the oil-rich east who want more control there. The NOC in early October issued a resolution to open a branch in the eastern […]

NZ Maari Oil Field to last another Decade

OMV New Zealand, a subsidiary of Austrian oil giant OMV, announced Thursday that the offshore Maari oil field in the Taranaki Basin, New Zealand has produced 20 million barrels of oil since production started at the field in 2009. The company also confirmed that it expects Maari – which is currently the largest producing field […]

Conflicting accounts on ARAMCO hack underscore difficulty of attribution

A recent report suggests that the devastating cyber attack that wiped out thousands of computers belonging to Saudi Arabia’s national oil company was the work of a lone hacker – days after the US Secretary of Defense cited it as an example of a state-sponsored attack. But what do we really know? On October 25th, […]

Shell Completes 2012 Arctic Drilling Program

Shell has concluded its 2012 exploratory drilling programs in the Beaufort and Chukchi Seas, the company said in a statement Wednesday. The mandatory close of the offshore Alaska drilling window “ends a season in which we once again demonstrated our ability to drill safely and responsibly in the Arctic,” Shell said. “The work we accomplished […]

Radioactive Fish Near Fukushima Suggest Ongoing Contamination

The fish off Fukushima remain radioactive more than a year after the earthquake and subsequent tsunami triggered three meltdowns at the Daiichi nuclear power plant. In fact, bottom-dwelling greenling fish caught in August 2012 bore the highest levels of radioactive particles seen to date—25,000 Becquerels per kilogram. (A becquerel is a unit of the rate […]

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