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News from February 2013

China Wants More Oil

China Wants More Oil thumbnail

Think gasoline prices are coming down this year? Think again.  Between supply constraints, the usual suspects in the Middle East, and China, oil demand is seen hefty enough to keep prices stable to high for the foreseeable future.  In fact, China’s oil demand is seen rising by 5% this year on the backs of an […]


Mexico tells Pemex to explain ‘loan’ to own labour union

Mexico tells Pemex to explain ‘loan’ to own labour union thumbnail

Mexico has ordered state oil monopoly Pemex to provide details about a controversial multi-million dollar loan it made to its trade union, Interior Minister Miguel Angel Osorio Chong has told a Mexican newspaper. Overhauling Pemex, which has been dogged by allegations of corruption, is one of the government’s top priorities in 2013, and this week […]


Carolyn Baker Interviewed By Alex Smith

Carolyn Baker Interviewed By Alex Smith thumbnail

Dr. Thomas Lovejoy, is the father of “biodiversity”. He advises Presidents and the World Bank. Thomas Lovejoy visits Radio Ecoshock. Next science vs. spirituality with Dr. Carolyn Baker She says: go positive in a negative world. Alex investigates why millions of people in America, Europe & Australia can’t come up with $500 (300 Pounds). Song […]


The quest for bio-polystyrene

The quest for bio-polystyrene thumbnail

I have this draft on bio-styrene for a couple of months now but has never been able to post it given that there are not many companies within the renewable chemicals industry developing plant-based styrene monomer alternatives. However, on February 14 during his final State of the City address, the mayor of the city of […]


Is Europe Next for a Shale Natural Gas Boom?

Is Europe Next for a Shale Natural Gas Boom? thumbnail

Chevron (NYSE: CVX) and Royal Dutch Shell (NYSE: RDS.A) are getting an early start on shale exploration campaigns in eastern European countries. With the United States fast emerging as a shale natural gas leader, European economies eager to bolster their own energy independence are working to follow suit. Shell plans to spend more than $400 […]


Chinese Solar Power Innovation Producing Cheaper Panels

Chinese Solar Power Innovation Producing Cheaper Panels thumbnail

Future cost drops from Chinese crystalline silicon solar producers will not be as steep as recent years, but they will still be significant. Stephen Lacey, via GreenTechMedia The cost of producing a conventional crystalline silicon (c-si) solar panel continues to drop. Between 2009 and 2012, leading “best-in-class” Chinese c-Si solar manufacturers reduced module costs by […]


Peak Oil: The Transition

Peak Oil: The Transition thumbnail

An observation worth noting … and pondering, from Richard Heinberg: The great transition of the 21st century will entail enormous adjustments on the part of every individual, family, and community, and if we are to make those adjustments successfully, we will need to plan rationally. Implications and strategies will have to be explored in nearly […]


Kunstler: Scale Implosion

Kunstler: Scale Implosion thumbnail

Back in the day when big box retail started to explode upon the American landscape like a raging economic scrofula, I attended many a town planning board meeting where the pro and con factions faced off over the permitting hurdle. The meetings were often raucous and wrathful and almost all the time the pro forces […]


Fright in perspective

Fright in perspective thumbnail

A tip for survival in 21st Century America: When someone on television warns of grave threats to human welfare from the environmental consequences of some regular activity, change channels. When someone approaches in person with a similar message, turn and run. These people want to frighten you, and fright is bad for the heart. Fright […]


Oil Supply Flatness Continues

Oil Supply Flatness Continues thumbnail

January oil supply numbers are out – chart above.  Still no real sign of supply increases – there was a very small bump up in November, but it has now faded. This is becoming a pretty interesting situation. Early Warning


Declining global oil export capacity

Declining global oil export capacity thumbnail

The Export Capacity Index (ECI): A New Metric For Predicting Future Supplies of Global Net Oil Exports By:  Jeffrey J. Brown February 18, 2013 In this paper, I briefly review recent global crude oil and liquids production numbers, and I review the Export Land Model (ELM).   I also introduce the concept of the Export Capacity […]


The Case for Grid-Connected Energy Storage

The Case for Grid-Connected Energy Storage thumbnail

This past week, I attended the Midwest Energy Forum at the University of Chicago.  The Forum focused on the future of the U.S. electricity grid and the technologies that are likely to transform it over the next 30 years.   Experts in many of these technologies, including energy storage, wind, solar, nuclear, gas, and high voltage […]


Bomb disables Iraq fuel oil pipeline

Bomb disables Iraq fuel oil pipeline thumbnail

Attackers bombed and disabled a pipeline carrying fuel oil from Iraq’s largest refinery to a province north of Baghdad, the oil ministry said on Sunday. “A bomb attack led to an explosion in the 16-inch pipeline transporting fuel oil from Baji refinery to Nineveh province,” said ministry spokesman Asim Jihad. He said the ministry expected […]


Matthew Simmons – The 51st State: Peak Oil Denial

Matthew Simmons – The 51st State: Peak Oil Denial thumbnail

Matthew Simmons – Chairman, Simmons & Co. International 2006 Peak Oil Conference – A Midnight Ride for Peak Oil Boston University, October 26-27 Association for the Study of Peak Oil & Gas USA See all ASPO-USA conference videos at tv.aspousa.org


James Howard Kunstler: The Dangers of the Age of Delusion

James Howard Kunstler: The Dangers of the Age of Delusion thumbnail

It’s characteristic of the time that we’re living in that there simply is no sense of consequence. And that’s exactly what you get when you have a Federal Reserve that’s out of control and a public that is filled with technological narcissistic visions of Santa Claus delivering rescue remedies on demand. And so there’s no […]


As world population explodes, genetically modified rice is our best hope

As world population explodes, genetically modified rice is our best hope thumbnail

Rod Wing, director of the Arizona Genomics Institute, has played a major role in mapping the structure and function of the world’s primary cereal crops. Rice is the one that needs our immediate attention, he says. Wing, who will deliver the fourth “Genomics Now” lecture for the University of Arizona’s College of Science on Wednesday, […]


Why Japan Can’t Quit Nuclear Power

Why Japan Can’t Quit Nuclear Power thumbnail

Hiroko Sata, an 87-year-old nurse, walked out into the Tokyo street on Nov. 11 to see about the commotion. To her left, more than 1,000 people were banging drums and shouting slogans. “What in the world is going on there?” she asked me and my translator, grimacing at the disturbance. The protesters, we told her, […]


Direct threat to Canadian economy posed by U.S. shale oil production

Direct threat to Canadian economy posed by U.S. shale oil production thumbnail

Remember Peak Oil, the theory that global crude oil supplies have peaked and are in irreversible, long-term decline? The concept got a lot of media play but never really passed the smell test, since it didn’t account for the impact of technological change or rising oil prices. In any case, the notion of Peak Oil […]


Apache natural gas well has leak beneath floor of U.S. Gulf

Apache natural gas well has leak beneath floor of U.S. Gulf thumbnail

Natural gas from a well being drilled by Apache Corporation in the U.S. Gulf of Mexico has flowed underground, leading U.S. regulators to order the company to prepare to drill a relief well to control the flow if necessary, the U.S. Bureau of Safety and Environmental Enforcement said. Apache shut in the well on February […]


Iran’s Leader says U.S. will receive a proper response if it acts logically

Iran’s Leader says U.S. will receive a proper response if it acts logically thumbnail

Supreme Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has said that the United States will receive an appropriate response if it revises its illogical attitude in practice. The Leader made the remarks during an address to thousands of people from the city of Tabriz, the capital of the northwestern Iranian province of East […]


G20 has agreed to avoid currency war

G20 has agreed to avoid currency war thumbnail

French Finance Minister Pierre Moscovici said on Saturday that the Group of 20 had agreed to avoid a currency war, affirming a shared view that exchange rates should reflect market fundamentals. “We all agreed on the fact that we refuse to enter any currency war,” Moscovici told reporters after G20 policy makers worked late on […]


Aage Figenschou – Peak Oil and the Road to Damascus

Aage Figenschou – Peak Oil and the Road to Damascus thumbnail

Aage Figenschou – Simmons & Co. International 2007 Peak Oil Conference – Houston, We Have an Opportunity Houston, TX, October 17-20 Association for the Study of Peak Oil & Gas USA See all ASPO-USA conference videos at tv.aspousa.org  


Oil in China

Oil in China thumbnail

FU CHENGYU has global ambitions. In 2005 he led CNOOC, a state-run Chinese energy giant, to make an audacious takeover bid for Unocal, an American oil-and-gas firm. That provoked a protectionist backlash, and CNOOC retreated. (It has since won approval to buy Nexen, a Canadian energy firm.) In 2011 Mr Fu took over as boss […]


Bakken Shale Oil

Bakken Shale Oil thumbnail

The New Oil Landscape The fracking frenzy in North Dakota has boosted the U.S. fuel supply—but at what cost? When Susan Connell arrives at the first oil well of the day, she tosses her stylish black-rimmed glasses onto the dashboard of her 18-wheeler, climbs down from the cab, and pulls the zipper on her fire-resistant […]


Is the Dollar Dying? Why US Currency Is in Danger

Is the Dollar Dying? Why US Currency Is in Danger thumbnail

The U.S dollar is shrinking as a percentage of the world’s currency supply, raising concerns that the greenback is about to see its long run as the world’s premier denomination come to an end. When compared to its peers, the dollar has drifted to a 15-year low, according to the International Monetary Fund, indicating that […]


Map Shows What US-Wide High Speed Rail Might Look Like

Map Shows What US-Wide High Speed Rail Might Look Like thumbnail

California Rail Map/CC BY-SA 3.0 We Can Dream, Can’t We? Alfred Twu, a high-speed rail activist and mapmaker, has created the map above, showing what a cross-country high-speed rail network might look like in the United States. Mr. Twu describes his map-making process this way: Having worked on getting California’s high speed rail approved in […]


Natural Gas Drilling = A Future of Dependence

Natural Gas Drilling = A Future of Dependence thumbnail

Contrary to the folktales the gas companies spin, shale gas development is not about energy independence, increased jobs, or protection from climate change. Shale gas development is about profits for the gas companies regardless of the harms or costs to the United States of America and us as citizens. It’s important not to be fooled […]


Reports of ‘Peak Oil’ Have Always Been Exaggerated

Reports of ‘Peak Oil’ Have Always Been Exaggerated thumbnail

M. King Hubbert, a geologist with Shell Oil Co., first proposed the idea of peak oil in 1956. Hubbert was respected in his field. His outlook on oil production, now called the Hubbert curve, seemed prescient when U.S. domestic production began to decline in the 1960s and ’70s. Both the Hubbert curve and the concept […]


Sierra Club Gets Radical on Tar Sands

Sierra Club Gets Radical on Tar Sands thumbnail

The term “civil disobedience” takes its roots from an 1849 essay by U.S. poet, philosopher and environmentalist, Henry David Thoreau, originally entitled “Resistance to Civil Government”. Civil disobedience is often used as a non-violent tool of protest against widespread injustices, such as in the American Civil Rights Movement of the 1950s and 1960s. On the […]


The End Game for Oil, Gas Juniors: Interview with Chris Cooper

The End Game for Oil, Gas Juniors: Interview with Chris Cooper thumbnail

The oil and gas game can be a tricky one for junior companies, but if played right the pay-off can be massive. At a time when juniors are risking a lot in volatile venues in the Middle East and Africa, Canada’s Aroway Energy (ARW) is planting its feet firmly in homeland soil and in conventional […]


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