Egypt’s Morsi issues state of emergency after dozens killed in riots

Egypt’s Islamist president issued state of emergency and called for political dialogue after at least 48 people were killed in clashes since Friday. An angry Mohammed Morsi vowed in a televised address on Sunday he would not hesitate to take more action to stem the latest eruption of violence across much of the country, issuing […]

Dubai looks to Qatar for oil as flow from Iran cut

Dubai’s government-run oil company says it has started importing supplies from Qatar and is seeking other sources in apparent moves to replace Iranian crude lost because of international sanctions. Sunday’s statement from the Emirates National Oil Co. said it could seek to expand imports from the Middle East and Asia to help meet rising demand […]

Sabotage! Key Iranian nuclear facility hit?

An explosion deep within Iran’s Fordow nuclear facility has destroyed much of the installation and trapped about 240 personnel deep underground, according to a former intelligence officer of the Islamic regime. The previously secret nuclear site has become a center for Iran’s nuclear activity because of the 2,700 centrifuges enriching uranium to the 20-percent level. […]

Peak Oil Files – In High Demand

Peak oil is where oil production rates fall after hitting a peak. Supply will no longer be able to meet demand causing dramatic increases in oil price. This will have a major impact on us and our economies in a world thoroughly dependent on oil. This is the first chapter in an in depth, multi […]

Is Fracking a ‘Happy Solution’ to our Energy Needs?

A few weeks ago, John Mauldin called fracking a “happy solution” that will produce jobs, potentially solve our trade deficit and generate new tax revenue, though energy prices may rise in the process. But how excited should we be about the “shale revolution”? Over the last few years, we have seen increasing enthusiasm – bordering […]

Shale gas boom now visible from space

Oil companies at the heart of the US shale oil boom are burning off enough gas to power all the homes in Chicago and Washington combined in a practice causing growing concern about the waste of resources and damage to the environment. The volume of unwanted gas being flared off in North Dakota, the state […]

Spain’s Catalonia Declares Independence

Europe breaks up… bound to happen… will send the world into the next ‘great recession’ (or depression) In American football, there’s a concept best described as “fatiguing the defense”….where the opposing team’s offense is so good…that the defenders finally get overwhelmed. We are fast approaching this point with global govts and the rotten carcass of […]

The End Of An Era

The economy as we know it is facing a lethal confluence of four critical factors – the fall-out from the biggest debt bubble in history; a disastrous experiment with globalisation; the massaging of data to the point where economic trends are obscured; and, most important of all, the approach of an energy-returns cliff-edge. Through technology, […]

Oil supply grows, but so does price

It’s basic economics: An increase in the supply of a product coupled with a decrease in demand results in a drop in price. But that isn’t happening with oil. Since 2008, oil production in the United States has surged a stunning 28 percent as the controversial practice of fracking unlocks new supplies in North Dakota and Texas. […]

Roadmap for Fusion Power Released

While solar and wind power may be hot topics at the moment, it is nuclear fusion which many scientists are looking to for providing clean power to the world. The ITER experiment is an effort by multiple nations to build the first prototype, commercial fusion reactor. Now researchers at the European Fusion Development Agreement have […]

Russia’s Gazprom joins shale oil race

Gazprom Neft, oil arm of the energy giant Gazprom, is drilling for shale oil in Western Siberia. Realization of the shale oil project is believed to breathe new life into oil development as traditional deposits have been showing signs of dwindling. ­Gazprom Neft has started exploration of Bazhenov formation that potentially contains minimum 8-9 billion […]

US ‘shale boost’ provokes EU fears and indecision

A US industrial boost following its ability to tap abundant shale gas reserves is provoking fears that imperilled energy-intensive European businesses will find it harder than ever to compete. But calls for the EU to deliver a ‘silver bullet’ and emulate the US by tapping shale gas through ‘fracking’ (see background) remain controversial because of […]

Peak Oil: a Talk by Dan Miner

Binghamton, NY; December 4, 2008

Global demand offsetting surge in U.S. oil production

It’s basic economics: An increase in the supply of a product coupled with a decrease in demand results in a drop in price. But that isn’t happening with oil. Since 2008, oil production in the United States has surged a stunning 28 percent as the controversial practice of fracking unlocks new supplies in North Dakota […]

Kissinger Predicts Nuclear War with Iran

Globalist kingpin, renowned war criminal and Rockefeller co-conspirator Henry Kissinger is talking up a nuclear conflagration. Speaking at the one-worlder confab held in Davos, Switzerland, Kissinger said a crisis involving a nuclear Iran in the “foreseeable future” will lead to a nuclear war and “a turning point in human history,” the BBC reports. “There has […]

Are human populations increasing or decreasing?

With 7 billion people living on Earth, the global demographics experts are considering the planet’s future in space along with the Earth’s human population. However, the global population count could begin dropping in the next few years. Actress Alexandra Paul thinks couples should either produce one child or have no children. She desires a planet […]

In crisis, Greeks turn to wood-burning and choke

Fireplaces were long a status symbol for Greece’s up-and-coming middle class, like the second car and the flat-screen TV. Now, they are increasingly their owners’ only defense against the encroaching winter cold. A steep increase in heating costs has led many Greeks to switch from heating oil to wood-burning. But the price of using cheaper […]

Where’s the Real Bottleneck for Natural Gas? Distribution.

As a scientist and an unabashed nerd, I love data. Particularly, I love it when ready access to data reveals things that are surprising in the face of conventional wisdom. An interesting case comes up with this year’s colder winter in New England. (Thankfully, I’m located in damp, icy East Tennessee, where even the threat […]

Peugeot Citroen to introduce compressed air hybrid by 2016

PSA Peugeot Citroen’s Hybrid Air technology that combines an ICE with compressed air energy storage technology Image Gallery (7 images) Various compressed air-powered vehicles – of both the two- and four-wheeled variety – have graced our pages over the years, but with a few exceptions, such as Volvo’s Air Motion Concept, major automotive manufacturers have […]

America’s Nuclear Energy Future

When it comes to nuclear energy, Dr. Burton Richter is Mr. Credible. Winner of the 1976 Nobel Prize for discovering a new sub-atomic particle, Richter has advised presidents and policymakers for almost 40 years. Richter has been a Breakthrough Senior Fellow since 2011, and is technical adviser to the forthcoming documentary, “Pandora’s Promise,” about pro-nuclear […]

Davos Shell Station Shut Down By Arctic Oil Drilling Protestors

Activists with a big fake polar bear have occupied a Shell service station in the Swiss resort of Davos to protest Royal Dutch Shell PLC’s oil drilling in the Arctic. About 25 activists from around Europe chained gas pumps together Friday at the station near where the World Economic Forum was being held and hung […]

Energy Return on Investment (EROI) for U.S. Oil and Gas Discovery and Production

Oil production in the US peaked in 1970. The easy “sweeter” stuff has been extracted. What remains is deeper in the ground or farther off-shore, requires much more energy to extract, and is more toxic to produce. It takes energy to make energy. Energy Return on Investment (EROI) also known as ERoEI (Energy Returned on Energy Invested), […]

Biochar 101

Charcoal retains the carbon cell structure of plants from which it is made and, when buried, the carbon can stay in the ground for hundreds or thousands of years. Most fertile soil contains charcoal from ancient or recent forest fires and, until the introduction of synthetic fertilisers, charcoal was widely used by cultivators for enhancing […]

The Truth about U.S. Oil Reserve Ranking: 89th from the Top!

My blog post of November 19, 2012, showed that it was highly unlikely that the United States could produce more oil than Russia and China by 2020. To underscore that point even further, the table below provides a listing of proved oil and gas reserves for Saudi Arabia, Russia and the United States. Notice that […]

Australia to rival Saudi Arabia in oil reserves?

An Australian company claims it has found an untapped shale oil field with estimated reserves that could potentially put the country next to remarkably oil-rich Saudi Arabia. Still, extracting the discovered treasure poses a huge technical challenge. ­Brisbane-based company Linc Energy has presented two estimates by respected independent consultants claiming that drilling and seismic exploration […]

Peak oil and other fallacies

“The limit of production in this country (the United States) is being reached, and although new fields undoubtedly await discovery, the yearly (oil) output must inevitably decline, because the maintenance of output each year necessitates the drilling of an increasing number of wells. “Such an increase becomes impossible after a certain point is reached, not […]

Terrifying Tim from Tullett: Perfect storm; energy, finance and the end of growth

READERS may feel your blogger is a bit on the gloomy side but, believe me, there are a lot more pessimistic commentators out there. Take Tim Morgan of the brokers Tullett Prebon, whose boss Terry Smith is a regular guest on BBC financial discussion slots. Tim has just produced an 82-page note (complete with lots […]

Chesapeake Energy to Host EPA in Study of Fracking Risk to Water

Natural gas producer Chesapeake Energy Corp. (CHK) has agreed to let the Environmental Protection Agency conduct extensive tests at one of its drilling sites as part of an investigation into the safety of hydraulic fracturing, an administration official said. The testing, which will involve water sampling before and after drilling takes place, will serve as […]

How High Oil Prices Lead to Recession

There is ample evidence that spikes in oil prices leads to recession, at least in the US, which is an oil-importing nation. James Hamilton has shown that 10 out of the last 11 US recessions were associated with oil price spikes. How does this happen? An analogy can perhaps help explain the situation. This analogy […]

Energy Efficiency and Energy Use: The Rebound Effect is Overplayed

Trying to put the rebound effect for energy efficiency in its rightful place is like playing a game of wack-a-mole. Predictably every couple of years, someone new discovers the counter-intuitive appeal of showing how more efficient energy policies may lead to more energy use. Wham! Told you there’s something wrong with those clean-car standards. Well, […]

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