Peak Oil Warning From an IMF Expert : Interview with Michael Kumhof

Michael Kumhof is the deputy chief of the modeling division at the research department of the International Monetary Fund (IMF). Together with other researchers from IMF, this 50 years old German economist has published several papers focused of “peak oil”, sending warnings regarding the possible imminence of a decline of world oil production and its […]

Peak Oil or Peak Energy? – A Happy Solution

A consistent theme in this letter has been the connections between items that may seem to be far removed from each other but are actually linked at the very core. If you push on one end you get a reaction in what would seem to be the most unlikely spots. Today we explore the connection […]

The Cover Up: E-mails Show BP Lied To Authorities On The Deepwater Horizon Spill

BP has always claimed that it shared all information with the public and with the federal government about the extent of the Deepwater Horizon oil spill, and the rate of flow of the leaking oil. BP has stated that it never knew of the true quantity of oil escaping the well until a few months […]

Will U.S. oil consumption continue to decline?

A lot of attention has been given to the optimistic assessments of future U.S. and Iraqi oil production in the IEA’s World Energy Outlook 2012. However, perhaps even more dramatic is the report’s prediction of a significant long-term decline in petroleum consumption from the OECD countries. For example, the report predicts about a 1 mb/d […]

Top 3 Catastrophes Linked to Natural Gas Fracking

Thanks to hydraulic fracturing, often referred to as fracking, there’s a ton of natural gas available on the market right now. Those in the industry hail the practice as a blessing, allowing gas companies to access deposits locked in previously impenetrable rock. Although many have trumpeted the resulting decline in gas prices as proof that fracking needs […]

Peak Oil is Nonsense … Because There’s Enough Gas to Last 250 Years

The title is a condensate of the latest rendition from Nigel Lawson, who served Margaret Thatcher’s government, both as Secretary of State for Energy and Chancellor of the Exchequer. In a recent interview, published by the Daily Mail, Lord Lawson makes various assertions, each of which invite some consideration and question. At bold face, his […]

OPEC Seen On Track to Maintain Current Oil Production Ceiling

The Organization of the Petroleum Exporting Countries Monday appeared to still be on track to maintain its current oil production ceiling, after officials from member countries said conditions in the market support the status quo. OPEC’s internal forecasts show demand for its crude oil continuing at around 30 million barrels a day in 2013, in […]

Europe Still Slowly Sinking

A quick round-up of some European stats. Above is the unemployment rate which continues to steadily worsen (through October). Then there’s retail sales: October was a bad month and it continues a downward trend since mid 2010. Next is GDP, down in Q3 as it was in Q2: Finally industrial production has also been trending […]

North American oil and gas—2: The pressure on Mexico

  Elements of change are in place in Mexico. Nothing guarantees they’ll be activated. But as new promise for oil supply comes to light in the US and Canada, the mere possibility that Mexico will make essential reforms enhances the promise of a North American boom. With oil and gas, Mexico has been xenophobic since […]

Watching Government: General concern turns specific

The broad question of possible problems in having 20 separate federal departments and agencies evaluate a breakthrough oil and gas exploration and production technology has become specific. Republican leaders of the US House Energy and Commerce Committee expressed concerns on Nov. 30 that a Department of US Health and Human Services (HHS) agency’s director may […]

Kunstler: Christmas Story

On Saturday, the town next to us, Cambridge, New York, put on its annual Christmas breakfast in the main theater of its old opera house, Hubbard Hall. Cambridge is a farming town in a farming economy that died and is just beginning to be re-born. The town occupies a landscape of tender hollows and gentle […]

Thoughts For Engineering Majors And Graduates Inspired By Ambrose Evans Pritchard And The ASPO-USA Peak Oil Conference

NOTE: This piece was originally an email to my two engineering major sons. “We just heard the International Energy Agency saying the United States would overtake Saudi Arabia by 2017, which is only five years away, to become the world’s biggest oil producer, essentially because of the shale gas and shale oil revolution. Because of […]

China’s Economic Planners Approve Shale Project

China’s top economic planning body has approved a shale-oil exploration project between China National Petroleum Corp., the country’s largest energy producer, and a foreign partner in the northwestern Xinjiang Uyghur autonomous region, it said Monday on its website. The National Development and Reform Commission approved the project in November. It didn’t name the foreign company […]

Hofmeister: US Could Tap into 1.6 Trillion Barrels of Oil Resource

I, along with my editor Sam Avro, recently conducted a broad-ranging interview with John Hofmeister, former President of Shell Oil and currently the head of Citizens for Affordable Energy, a non-profit group whose aim is to promote sound U.S. energy security solutions for the nation. Previous interviews with Mr. Hofmeister were: A Difficult Decade Ahead […]

Conflict And Change In The Era Of Economic Decline: Part 1: The 21st Century Landscape Of Conflict

Many of the readers of postcarbon.org, Energy Bulletin, and now Resilience.org, have come to share a certain view of the world. It’s probably fair to say that, as a group, we see resource depletion, financial chaos, and environmental disasters (principally associated with global climate change) as looming storms converging on industrial civilization. We also tend […]

Psychological Self-Defense for the Newly Unemployed

Got a pink-slip?  Are you one of the unlucky ones who had to face the chopping block?  Here are a psychologist’s ten best suggestions for managing emotionally when economic bad times hit your family. (1) Make a pact that hard times come and go, but your relationship, your family, is here to stay. Financial pressures […]

Natural gas supply seen to remain tight

STANDARD & Poor’s Ratings Services expects natural gas prices to remain “regionalized” over the next few years, which would allow existing gas producers to continue enjoying a “favorable pricing power.” In a report titled “Liquefied Natural Gas Producers will Likely Benefit from Regional Pricing a While Longer,” S&P said structural and regulatory factors were causing […]

CNOOC pledge small step for China transparency, sceptics abound

CNOOC’s promise of transparency, pledged to win approval from Canada for its $15.1 billion purchase of Nexen Inc, looks like a positive step on the face of it but is unlikely to represent a sea change in Chinese business practices. To be sure, the details of commitment are not clear. The state-controlled energy firm has […]

Saudi says foreign group behind cyber-attacks

A Saudi official says the cyber-attacks that hit the country’s oil giant Aramco and Qatari natural gas producer RasGas in August originated outside the kingdom. Interior Ministry spokesman Maj. Gen. Mansour al-Turki said in a statement Sunday that an investigation concluded that an “organized foreign group … was behind the attacks” and that Aramco employees […]

Iran condemns US nuclear test

Iran condemned the United States’ latest nuclear test on Saturday, saying it reflected “inattention to full disarmament which is a deep-seated demand of international public opinion.”   Foreign ministry spokesman Ramin Mehmanparast made the remarks to state television, the Agence France-Presse reports, after the U.S. Energy Department on Wednesday conducted a “subcritical” test at an […]

Is Real Food Too Expensive?

Please don’t claim real food is “too expensive” to eat. What’s “too expensive” is unhealthy processed and fast foods. It is a truism that food is expensive in America. What if we ask, “is real food expensive in America?” Let’s define “real food” as unprocessed or minimally processed: raw fruits and vegetables, whole grains, unprocessed […]

Preppers Who Make Surviving The Apocalypse Even Less Fun

Being forced to endure and survive a catastrophic macro event like a monetary or social collapse is perhaps one of the worst experiences I could imagine.  Such a crisis leads to just about every crime and inhuman action in existence, and, the time required for a culture to right itself and rebuild is severely protracted.  […]

Global consumption outpacing population growt

Meat: It’s something that people around the world take for granted–but maybe not for much longer. Demand for meat is increasing worldwide. One reason is the burgeoning global population, which is forecast to reach 9.3 billion in 2050. But that is not the only factor. As per capita income increases in line with economic development, […]

Tech Talk – Iranian Oil and the Global Future

There is a lot going on in the Middle East at the moment. There is the revolution in Syria which seems now to be entering some form of end game, and there are the riots in Egypt. There are some signs that these events might move on to countries such as Jordan. Increasing levels of […]

The one chart about oil’s future everyone should see

When people read about a long-term forecast of world oil supply–say, out to 2030–they often believe that the forecasters are merely incorporating our knowledge of existing fields and figuring out how much oil can be extracted from them over the forecast period. Nothing could be further from the truth. Much of the forecast supply has […]

Be honest: Apocalypse seems kind of exciting, in a way

If you’ve got dinner reservations for December 22, there’s probably no point in changing them on account of an apocalyptic prophecy. December 21, 2012, is the endpoint of the 5,126-year Great Cycle marked on the Mayan people’s “Long Count” calendar. Some say that could be the end of everything. Or not. We’ve noticed a few […]

Middle East beginning to embrace solar energy

overing nearly 300 football fields in a remote patch of desert, the Shams 1 solar project carries off plenty of symbolic significance for the United Arab Emirates. It will be the first, large-scale solar project in the oil-rich country when it is completed at the end of the year, and the largest of its kind […]

John Michael Greer: Consuming Democracy

For most of a year now, my posts here on The Archdruid Report have focused on the nature, rise, and impending fall of America’s global empire.  It’s been a long road and, as usual, it strayed in directions I wasn’t expecting to explore when this sequence of posts began last winter. Still, as I see […]

Russian Oil Industry at a Crossroads as Infrastructure Ages

The Russian oil industry is at a crossroads. In the aftermath of the collapse of the Soviet Union, Russian oil output plummeted from an all-time high of 11.4 million barrels a day in 1987 to a low of 6 million barrels a day in 1996. But with the start of the new century, a stunning […]

Peak Oil: Global Crisis Explained

A well put together short film on oil depletion.Uploaded by vengance89 November 2010

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