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News from February 2013

The global water grab

The global water grab thumbnail

Writing in National Geographic in December 2012 about “small-scale irrigation techniques with simple buckets, affordable pumps, drip lines, and other equipment” that “are enabling farm families to weather dry seasons, raise yields, diversify their crops, and lift themselves out of poverty” water expert Sandra Postel of the Global Water Policy Project cautioned against reckless land […]


Peak Oil: The Basics of Oil Depletion in 5 minutes

Peak Oil: The Basics of Oil Depletion in 5 minutes thumbnail

A really well put together video by Sustainable Guidance january 2011


Bruce Soltani interviews Rep. Congressman Roscoe Bartlett

Bruce Soltani interviews Rep. Congressman Roscoe Bartlett thumbnail

This is one of those rare species, an honest politician Roscoe Bartlett sharing his views on peak oil.April 2012


Nate Hagens: Things are not going to be as easy over the next 40 years

Nate Hagens: Things are not going to be as easy over the next 40 years thumbnail

Recently Karen Rybold-Chin interviewed Nate Hagens, former editor of The Oil Drum and former Lehman Brothers vice president, questioning him about a future economy without growth and an environment suffering climate change. Nate Hagens asks whether ultimately – contrary to our animal nature – we are willing and able to plan for future generations by […]


Pulsing paradigm or steady state?

Pulsing paradigm or steady state? thumbnail

Seldom do you come across arguments that truly question the premise of a steady state economy. Sure, growth-obsessed pundits make arguments against it all the time, but these can typically be refuted by reviewing a few facts. After all, the world is finite, and there are real limits to growth. However, when such an argument […]


Peak Oil: Evasion

Peak Oil: Evasion thumbnail

An observation worth noting … and pondering, from Abraham Lincoln: You cannot escape the responsibility of tomorrow by evading it today At some point, the realities of geology and economics will become unavoidable to all but the genuinely delusional among us. Our oil production upswing has been occurring in recent months because oil prices have […]


Gravedigger in Uniform

Gravedigger in Uniform thumbnail

This Week: 1. Greece’s civil war rages on 2. Egypt’s Black Bloc 3. Steven Seagal joins la migra, well sort of 4. Camover Berlin’s counter-surveillance game 5. Anonymous Pwns the Federal Reserve **Music Break: NWA’s “100 Miles and Runnin’** 6. Christopher Dorner: Gravedigger in Uniform http://www.submedia.tv/stimulator/201…


Orlov: The wrong math

Orlov: The wrong math thumbnail

This is an excerpt from The Five Stages of Collapse: Survivors’ Toolkit. Please order your copy for shipment in May. An argument can be made that lending at any rate of interest above 0 percent eventually leads to a deflationary collapse followed by a quick but painful bout of hyperinflation thrown in at the very […]


New Zealand should prepare urgently for coming oil shortages

New Zealand should prepare urgently for coming oil shortages thumbnail

New Zealand should prepare urgently for coming oil shortages It may be a very serious mistake to assume that oil will continue to be readily available, Bruce Robinson a Peak Oil expert said today. Trouble in the Middle East, such as Iran being bombed, might cause a sudden world oil shortage, as 20% of the […]


The Most Lucrative Countries For Oil And Gas Workers

The Most Lucrative Countries For Oil And Gas Workers thumbnail

The oil and gas industry has been a true bright spot amid the economic downturn. Regions with rampant drilling like south Texas and North Dakota have among the lowest unemployment rates in the nation. In Dickinson, N.D. workers at McDonald’s can get a $300 signing bonus and wages of $15 or more an hour. There’s […]


Goodbye Bond Vigilantes, Hello Brent Vigilantes

Goodbye Bond Vigilantes, Hello Brent Vigilantes thumbnail

The flood of Central Bank liquidity into the world’s asset markets has worked wonders for the optics of ‘wealth’ in the last few years. While correlation is not causation, the divergence from any sense of fundamental reality (and sheer miracle expectations of the future) simply reflect back to the leaking of that central bank liquidity […]


Plunder The Planet

Plunder The Planet thumbnail

Professor Ugo Bardi appears on the ‘From Alpha To Omega’ podcast, where he discusses his upcoming book ‘Plundering the Planet’. Our discussion covers the role of volcano’s in regulating the planets atmosphere, Georg Bauer – the ‘Father of Mining’, Gaia and homeostatis, and the terrifying risks of anthroprogenic climate change. Prof. Bardi is the Professor […]


It’s not the economy, it’s the stupid paradigm

It’s not the economy, it’s the stupid paradigm thumbnail

Dr. Williams wrote her dissertation on “The role of social paradigm in human perception and response to environmental change.“ She is the director of UAA’s Office of Sustainability. Americans’ level of concern for the environment waxes and wanes, depending on how the economy is faring, as illustrated in the 2011 Gallup chart below. The chart […]


BP: Shale gas, tight oil to reshape global markets by 2030

BP: Shale gas, tight oil to reshape global markets by 2030 thumbnail

The North American shale gas and tight oil revolution will reshape global markets, changing economic expectations and rebalancing trade flows, BP PLC said in its BP Energy Outlook 2030. “As the US becomes 99% self-sufficient by 2030, oil imports’ share of its trade and services deficit will approach zero,” said Mark Finley, general manager for […]


US DOE moves carefully on LNG export

US DOE moves carefully on LNG export thumbnail

The US Department of Energy plans to move carefully as it considers applications to export LNG to countries that do not have free trade agreements (FTAs) with the US, Christopher A. Smith, deputy assistant US energy secretary for oil and gas in DOE’s fossil energy office, said at a meeting of state utility regulators. “This […]


Kunstler: State of the Union

Kunstler: State of the Union thumbnail

   The fog of chatter about Federal Reserve money-printing shenanigans, currency wars, fiscal intransigence, exchange rates, and alphabetized rescue operations conceals the central reality of the historical moment: that all industrial economies now face epic contraction, even rip-roaring China in its absurd and spectacular bid to become the latest drive-in utopia. The so-called advanced nations […]


IEA: Global oil demand revised upwards for 2012

IEA: Global oil demand revised upwards for 2012 thumbnail

Global oil demand estimates for 2012 were revised upward to 89.8 million b/d based on stronger than expected fourth-quarter data, according to the International Energy Agency’s latest monthly Oil Market Report. This adjustment was underpinned by an uptick in oil demand seen in China, the US, and Brazil in last year’s final quarter, IEA said. […]


The Petroleum Rollercoaster

The Petroleum Rollercoaster thumbnail

I wrote the following in a previous posting http://ergobalance.blogspot.co.uk/2012/03/can-solar-fuels-avert-imminent.html but there are a number of points of issue, which I shall now address. In particular, the aspect of the apparent rate of decline of oil production needs clarification, and indeed what exactly is meant by “oil”. “It has been estimated that the world’s road transportation […]


Can Leak Detection End the Pipeline Impasse?

Can Leak Detection End the Pipeline Impasse? thumbnail

Pipelines used to be things that were just built without blinking. It is said that there are enough pipelines now in the US to encircle the Earth 25 times with enough left over to also tie a bow around it. Today, getting a pipeline built is not so easy – there are too many environmental […]


Renewables now cheaper than coal and gas in Australia

Renewables now cheaper than coal and gas in Australia thumbnail

ReNew Economy has a look at a new study from BNEF showing that renewables are now cost competitive with fossil fuels in Australia – Renewables now cheaper than coal and gas in Australia. A new analysis from research firm Bloomberg New Energy Finance has concluded that electricity from unsubsidised renewable energy is already cheaper than […]


World Banker Makes Stunning Confession

World Banker Makes Stunning Confession thumbnail

Confession [kənˈfɛʃən] n 1. the act of confessing 2. something confessed 3. an acknowledgment or declaration, esp of one’s faults, intentions, misdeeds, or crimes… THE FORMER PRESIDENT OF THE WORLD BANK, JAMES WOLFENSOHN, MAKES STUNNING CONFESSIONS AS HE ADDRESS GRADUATE STUDENTS AT STANFORD UNIVERSITY. HE REVEALS THE INSIDE HAND OF WORLD DOMINATION FROM PAST, TO […]


Argentina’s Financial Collapse – Past Is Prologue

Argentina’s Financial Collapse – Past Is Prologue thumbnail

The following rather stunning documentary provides a critical insight into what Europe (and Argentina once again) could well be progressing towards. There is a reason we highlight the ‘scariest chart in Europe’ as that of youth unemployment and with the central banks printing money at ever increasing paces and the next round of global competitive […]


Peak Oil’s Impact: Winter Storms

Peak Oil’s Impact: Winter Storms thumbnail

Oil plays an essential role in almost everything that touches our everyday lives. From the food we eat to the means by which we transport ourselves, our goods, and our services, to what we grow, build, have, own, need, and do, oil is almost always an important element. But the painful truth now and soon […]


Gas prices rising due to refinery closings, shortages

Gas prices rising due to refinery closings, shortages thumbnail

Today news report on gas prices going higher!!.Febuary 2013


Putin Turns Black Gold Into Bullion as Russia Out-Buys World

Putin Turns Black Gold Into Bullion as Russia Out-Buys World thumbnail

When Vladimir Putin says the U.S. is endangering the global economy by abusing its dollar monopoly, he’s not just talking. He’s betting on it. Not only has Putin made Russia the world’s largest oil producer, he’s also made it the biggest gold buyer. His central bank has added 570 metric tons of the metal in […]


We Are Entering A ‘Strange World’, Where The Dollar Gets Stronger, And Things Get Way More Unstable

We Are Entering A ‘Strange World’, Where The Dollar Gets Stronger, And Things Get Way More Unstable thumbnail

On Friday, the US trade deficit shrunk by far more than expected, in large part thanks to declining oil imports. From CSMonitor.com: The oil and gas picture is improving. The trade deficit for petroleum-based goods alone shrank from $326 billion in 2011 to about $291 billion last year. That’s still a big deficit, but oil […]


Japan offers nuclear help to Saudi to free up oil

Japan offers nuclear help to Saudi to free up oil thumbnail

Japan has offered to help Saudi Arabia build nuclear power stations to free up more oil for exports, Kyodo news agency reported on Sunday, but a visiting Japanese minister said he was not seeking a supply increase now. Trade Minister Toshimitsu Motegi’s visit at the weekend was aimed at securing extra oil from the world’s […]


BP Energy Outlook 2030: An exercise in wish fulfillment

BP Energy Outlook 2030: An exercise in wish fulfillment thumbnail

“Like dreams, statistics are a form of wish fulfillment,” French philosopher Jean Baudrillard once said.  Substitute “forecasts” for the word “statistics,” and you’ll have a good understanding of the public reaction to the recently released BP Energy Outlook 2030. The psychoanalytic definition of wish fulfillment is “the satisfaction of a desire, a need, or an […]


Greeks Fight For Food: “I Never Imagined That I Would End Up Here”

Greeks Fight For Food: “I Never Imagined That I Would End Up Here” thumbnail

Once a bastion of European success and center of tourism, the country of Greece has become the harbinger of things to come for the rest of the world’s developed nations. Not long ago Greeks were enjoying high paid salaries, early retirements, excess cash, and seemingly never ending economic growth. Today, just a short time after […]


Mali a foothold for 21st century resource wars in Africa

Mali a foothold for 21st century resource wars in Africa thumbnail

“In Syria, the terrorists are friends of Hollande. And now they are accusing the ‘terrorists’ in Mali in trying to overthrow a sovereign state. But in Syria, it seems to be ok to overthrow the sovereign state. So we are there to defeat the ‘terrorists’ in Mali, but they are friends in Syria. This is […]


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