Iran plans to increase crude oil production, up to 5.2 million barrels per day by 2016

Iran’s oil minister has said the country plans to increase its oil production capacity to up to 5.2 million barrels per day by early 2016. A Sunday report by state TV quotes Rostam Ghasemi as saying this requires some $300 billion investment in the oil industry. He says current capacity is about four million barrels […]

Almost half of Fukushima children now have thyroid disorders from radiation poisoning, officials blame ‘too much seafood’

Not much information comes out of Japan about Fukushima anymore, and the American MSM seems to have forgotten what watered down reporting they had done earlier. But the human suffering has begun in Japan, and even the Japanese government is trying to pretend it’s not happening. The curtain is pulled over the total impact of […]

A new world of American energy independence

The United States is soon to be awash in oil and natural gas, positively brimming with the stuff whose scarcity and unreliability of supply has plagued us since the end of World War II. It is a remarkable, stunning turn of events — largely unforeseen just a few years ago yet now an imminent although […]

Back to serfdom: Not as outlandish as we might think

At first glance at the title of my article, some may be tempted to believe that I deal in fiction, but that is certainly not the case. As I shall explain here, this might actually happen. It will likely be gradual enough to avoid initial collective detection, and it is not imminent enough to qualify […]

WTI Crude Oil To Test $65 Level in 2013

WTI closed November just shy of $89 a barrel on hopes of an improving economy. I think there is an argument for an improving economy in 2013, but it is just too early to tell how things are going to come together with the economy, and all the ramifications of basically an anti-business and social […]

Russian Oil Output Hits Record 10.5 Million Barrels a Day

Russia’s crude oil and condensate output climbed to a post-Soviet record of 10.503 million barrels a day in November, beating the high reached the previous month, according to the Energy Ministry’s CDU-TEK unit. Crude and condensate production rose 0.5 percent compared with revised data for October and 1.5 percent from November of last year, according […]

Kuwait elects new parliament on record low turnout

Kuwaitis elected a new parliament that is expected to be more cooperative with the government than its predecessor after an opposition boycott of the poll and protests that divided the Gulf Arab state. The election was the second this year in the oil-rich state, where a series of assemblies have collapsed due to a long-running […]

As Middle East becomes more unstable, so does the mental state of the Israel Lobby

It’s not fun being a lobbyist for Israel these days. Palestine is due to become a non-voting state observer at the United Nations, opening the door for full membership in the international organization’s specialized agencies; Israeli “moderate” Defense Minister Ehud Barak is retiring from politics; the governing Likud Party of Israel has purged itself of […]

Peak Oil: The End Of Oil

A film by Bruce Weaver on how oil has shaped our modern world. November 2012

UK to Shift Focus from Renewable Energy to Natural Gas

The UK government has finally released its long overdue energy policy, and it seems that Chancellor George Osborne won. The problems that were facing the coalition decision makers in regards to setting the new energy bill were three fold: 1.    Sufficient power must be available to meet demand. 2.    Energy bills must not increase too […]

Greeks turn to the forests for fuel as winter nears

It is early Sunday. The sun has barely risen above the chestnut forest that lies somewhere near the crest of Mount Pelion, but loggers’ pick-up trucks are already streaming through the muddy slush, their cargo bouncing in the back. Theirs are rich pickings, much in demand as winter envelopes the villages and towns of an […]

The High Cost Of Our Throwaway Culture

As I said in my previous column, we are the biggest force in moving the planet’s rocks and sediments around. Our global extractions are environmentally damaging and depleting some resources to the extent that they are in danger of running out. Many of those resources find their way into the goods, gadgets and machines that […]

Peter Thiel, Bill Gates, Khosla Get Behind Energy Storage Start-Up LightSail in $37M Deal

A clean-tech start-up that thinks it has solved a problem that has vexed engineers for decades–how to effectively store energy generated by wind and sunshine–has gained some heavyweight financial backers. Danielle Fong and her co-founders are attempting to solve a problem that has long bedeviled engineers. An investment group that includes Bill Gates and Peter […]

World Energy Report 2012 The Good, the Bad, and the Really, Truly Ugly

Rarely does the release of a data-driven report on energy trends trigger front-page headlines around the world.  That, however, is exactly what happened on November 12th when the prestigious Paris-based International Energy Agency (IEA) released this year’s edition of its World Energy Outlook.  In the process, just about everyone missed its real news, which should […]

Good Morning! It’s The 70th Anniversary Of The Start Of Nationwide Rationing At The Pump

Good morning, it’s Saturday, Dec. 1, the 336th day of 2012. There are 30 days left in the year. We’ll start the day in the 60s and should warm up into the upper 70s this afternoon under a sunny sky. Temperatures overnight will drop into the upper 50s. On December 1, 1942—70 years ago today–nationwide […]

U.S. gives Iran until March to cooperate with IAEA

The United States set a March deadline on Thursday for Iran to start cooperating in substance with a UN nuclear agency investigation, warning Tehran the issue may otherwise be referred to the UN Security Council. The comments by U.S. diplomat Robert Wood to the board of the International Atomic Energy Agency signaled Washington’s growing frustration at […]

The End of THEIR World

http://m0therfuck.in/_W0rlD 1. Pajama Jammy Jam 2. Egypt’s Re-Revolution 3. NATO 5 4. Molotovs for Alex 5. Spain’s anti-video ninja laws 6. Like pigs in milk 7. I’m moving to Indiana 8. ΕΞΤΑΣΗ ΤΕΑΜ 9. Natives stop gas pipelines

With Pemex Overhaul, Mexico’s New Prez Is Set To Be Big Oil’s B.F.F.

As he takes office next week, Mexico‘s dashing new President Enrique Peña Nieto is set to become Big Oil’s new pal in Mexico City. (For you old fogies B.F.F.=Best Friends Forever) For the past year — first during campaign stops, and now as president-elect — the 46-year-old political star has gone out of his way […]

Dispersant makes oil from spills 52 times more toxic

For microscopic animals living in the Gulf of Mexico, even worse than the toxic oil released during the 2010 Deepwater Horizon disaster may be the very oil dispersants used to clean it up, a new study finds. More than 2 million gallons (7.5 million liters) of oil dispersants called Corexit 9527A and 9500A were dumped […]

World Population Will Peak At 8.5 Billion In 2030

I write about this every now and then, because human fertility is falling faster then most demographers expect. Using the CIA Factbook for data, the present total fertility rate for the world is 2.47 births per woman that survives childbearing. Last year it was 2.50, and in 2006 it was 2.90.  2.10 is replacement rate. At […]

The US DOI plans to sell leases for wind farms offshore RI, Mass., and Va

The US Department of the Interior plans to sell leases for wind farms offshore Rhode Island, Massachusetts, and Virginia, marking the first lease sale for wind energy on the Outer Continental Shelf, officials said from Washington, DC, on Nov. 30. Interior Sec. Ken Salazar announced competitive lease sales are planned for 2013 in two areas. […]

Ready For The Apocalypse?

I am not really a doomer. But I do think that societies and individuals that do not prepare for the worst (and hope for the best) are needlessly endangering themselves. Tail risk events happen. An MIT study earlier this year predicted that the global economy would collapse by 2030. A new national survey by National […]

US Power Grid Vulnerable To Just About Everything

As Washington hunts ill-defined al-Qaeda groups in the Middle East and Africa, and concerns itself with Iran’s eventual nuclear potential, it has a much more pressing problem at home: Its energy grid is vulnerable to anyone with basic weapons and know-how. Forget about cyber warfare and highly organized terrorist attacks, a lack of basic physical […]

The Giant Currency Superstorm That Is Coming To The Shores Of America When The Dollar Dies

By recklessly printing, borrowing and spending money, our authorities are absolutely shredding confidence in the U.S. dollar.  The rest of the world is watching this nonsense, and at some point they are going to give up on the U.S. dollar and throw their hands up in the air.  When that happens, it is going to […]

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