Nuclear chief: U.S. plants safer after Japan crisis

Two years after the nuclear crisis in Japan, the top U.S. regulator says American nuclear power plants are safer than ever, though not trouble-free. A watchdog group calls that assessment overly rosy. “The performance is quite good,” Nuclear Regulatory Commission Chairman Allison Macfarlane said in an interview with The Associated Press. All but five of […]

The great unskilling

The cost of learning In a society where people tend to be defined by what work they do, the question: “So what do you do?” is one that I find difficult to answer. I’m a classic Jack of all trades, master at none, and naming all the skills that I’ve collected over more than four […]

Emerging Market Demand to Support Oil Prices, Goldman Sachs Says

Oil prices will be supported by emerging market demand, a lack of spare supply and improvements in transporting U.S. output, Goldman Sachs Group Inc. (GS) said. Relatively low oil inventories around the world, limited spare capacity in the Organization of Petroleum Exporting Countries and continued demand growth among emerging-market economies will sustain the market’s current […]

Necessary Extinction

When the environment changes, smart creatures adapt. And, in the face of a changing climate and changing economics, smart people are backing green energy. In 2011 almost a third of new electricity came from renewable sources. But, just as the first mammals had to contend with a world of dinosaurs, the pioneers of green energy […]

Kunstler: Fortress of Lies

History has a special purgatory where it sometimes stashes feckless nations punch drunk on their own tragic choices: the realm where anything goes, nothing matters, and nobody cares. We’ve surely crossed the frontier into that bad place in these days of dwindling winter, 2013.      Case in point: Mr. Obama’s choice of Mary Jo […]

BP sees growing diversity of oil, gas supply

The oil and gas industry faces a growing diversity of reserves worldwide ranging from shale plays to Arctic drilling, BP PLC Chief Executive Bob Dudley said in an opening keynote address Mar. 6 to attendees at IHS CERAWeek in Houston. “The opportunities are plentiful, but they are also complex and difficult,” Dudley said. “And from […]

Sequestration will affect federal energy activities

The automatic budget cuts under the impending federal budget sequestration will adversely affect federal energy activities, warned Heather Zichal, US President Barack Obama’s chief energy and environmental policy advisor. Oil and gas producers should expect additional delays in permit application processing and regulatory decisions, she said during a Feb. 27 seminar at the Center for […]

From El Salvador to Iraq

When the Iraq war was in full swing the phrase “The Salvador Option” was used to describe the death squad operations that afflicted the country for a couple of years. Paul McGeough at the SMH points this this pair of articles in The Guardian on the men who implemented this strategy – From El Salvador […]

Noam Chomsky: Can Civilization Survive Capitalism?

There is “capitalism” and then there is “really existing capitalism.” The term “capitalism” is commonly used to refer to the U.S. economic system, with substantial state intervention ranging from subsidies for creative innovation to the “too-big-to-fail” government insurance policy for banks. The system is highly monopolized, further limiting reliance on the market, and increasingly so: […]

‘Tempered optimism’ for the oil and gas industry

In speech after speech at a cavernous hotel here, top oil and gas executives telegraphed the same message: Life is good. This overwhelming optimism underscores the new energy reality that the United States is one of the best places in the world for the oil and gas industry to do business. But you might not […]

Bahamas says it will allow offshore oil exploration, then call referendum…

Offshore oil exploration will be allowed off the Bahamas, the environmental minister said Sunday, adding that a voter referendum on whether to go forward with full production will be held only after it is determined whether the island chain has commercially viable reserves. The exploratory drilling will not likely produce enough information to make a […]

NY to Amsterdam flight fueled by cooking oil

A Dutch airliner is flying from New York to Amsterdam on a fuel mix that includes leftover oil from frying Louisiana’s Cajun food. The KLM flights from Kennedy Airport are powered by a combination of 25% recycled cooking oil and 75% jet fuel. After the first such flight Friday, the concept will be tested on […]

Chavez Death Could Affect Oil Prices, Production and Pollution

Download MP3 A Venezuelan oil minister once referred to his country’s main export as the “devil’s excrement.” We’ll see how the death of Hugo Chavez affects production levels of this Faustian fuel—which influences both the global oil market and the climate. Venezuela’s oil has problematic qualities. The thick, tar-like oil requires extra heat to flow. […]

Peter ‘Dollar Demise’ Schiff Versus John ‘Dollar Reprise’ Mauldin

Based on the coming ‘oil revolution’, John Mauldin makes the point that the US can run $300-400 billion deficits and the Fed “can print trillions” and the dollar will surge (since the rest of the world demands it). Peter Schiff begins quietly adding that “we don’t have that much oil” then goes on to discuss […]

China’s ragtag shale army a long way from revolution

China’s plans to unlock what could be the world’s biggest shale gas reserves risk running further off track after 16 firms awarded exploration rights in the latest auction lacked one core skill – not one has drilled a gas well before. Beijing is hoping shale gas can transform the country in the same way as […]

Lower Oil Prices Are Not A Slam Dunk

My view on energy is probably less clear than it was two years ago, when I was working in oil trading, but for what it’s worth, here’s what I think now. I think we’ll be in quite a wide, but higher-than-expected, range for oil (OIL, USO, BPT) for the foreseeable future. For Brent (the true […]

Oil’s average price posts new records and they’re telling us it’s abundant!

It is a slick piece of public relations to convince people to disregard what is right in front of them and believe the opposite. And yet, that is what the oil industry has achieved with an oh-so obviously coordinated campaign to tell the public and policymakers that there is no need to be concerned about […]

Qatar Finds First Natural Gas Deposit in 42 Years

Qatar, the emirate with the third- largest global reserves of natural gas, found a deposit with 2.5 trillion cubic feet of the fuel, its first discovery since uncovering the world’s biggest gas field 42 years ago. State-run Qatar Petroleum, Wintershall AG and Mitsui & Co (8031) plan to develop the reservoir in a 544 square-kilometer […]

Every Day Is a Fukushima Memorial

Japan prepares to mark the second anniversary of the Mar. 11 triple disaster – an earthquake, tsunami and a critical nuclear reactor accident – with much soul searching across the country. For Yukiko Takada from Otsuki-cho, a scenic fishing town in Iwate prefecture that was turned into rubble in a few hours on that fateful […]

Chris Martenson talks to the students at Ecotech Institute

Part 2 of a very informative interview with Chris Martenson on natural gas,fracking,algae to diesel etc. 19 Febuary 2013

Michael Ruppert on Peak Oil and Collapse

In this Media Mayhem REMIX on YouTube, Collapse-author Michael Ruppert talks about what the downside is looking like for society since the oil wave has already crested–From food and transportation, to alternative methods of extracting energy and the need for new wars.

Keystone XL and Oil Sands: ‘The Most Responsible Choice’

Joe Oliver, Canada’s minister for natural resources, making the case for approval and construction of the full Keystone XL pipeline – on economic and environmental grounds – at IHS CERAWeek: “By any objective measure the most responsible source (for imported oil) is Canada. … There’s enough oil in the oil sands to meet the U.S. […]

Should You Move To Another Country To Escape The Collapse Of America?

Why are so many people leaving the United States right now?  Over the past couple of years, an increasing number of Americans have decided that moving to another country is the best way to prepare for the collapse of America.  According to the U.S. State Department, an all-time record of more than 6 million Americans […]

Can Natural Gas Replace Regular Gasoline?

Natural gas is abundant, clean and far cheaper than diesel. That has the U.S. transportation and auto industries looking for ways to kick their dependence on dirtier fossil fuels. After years of debating how to tap domestic energy sources, new innovations in the sector have created a boom in U.S. energy production. And natural gas […]

Contemplation And The Collapse Of Global Civilization

You don’t have to spend a lot of time on social media websites like Facebook to realize that most people are not acknowledging the possibility of an economic—or any other kind of—collapse. There’s still a very small number of of us who have spent time contemplating just how fragile our energy, environmental, and economic systems […]

Peak Coal in Britain

Figure 1. British coal production from 1815 to 2004. The data from 1815 to 1860 are from Cook and Stevenson, 1996. The data from 1860 to 1946 are from Kirby 1977; the data from 1947 up to present are from the British Coal Authority (accessed 2006). The production data are fitted with a Gaussian function […]

Meet The New US Petroleum Pipelines

Still confused why crony capitalist #1, the “rustic” Octogenarian of Omaha, and Obama tax advisor #1, Warren Buffett has been aggressively attempting to corner the railroad market, while the administration relentlessly refuses to allow assorted new, and very much competing petroleum pipelines from America’s neighbor to the north to cross through the US (in gratitude […]

FedEx CEO: Truck Fleets to Shift to Natural Gas From Diesel

Truck fleets are likely to make a major shift to natural-gas fuels and away from diesel over the next decade, with FedEx Corp. a likely adopter, said Frederick W. Smith, chairman and chief executive of the shipping company. In an interview with The Wall Street Journal, Mr. Smith said he expects between 5% and 30% […]

Dwindling Production Has Led to Lesser Role for Venezuela as Major Oil Power

President Hugo Chávez relished using Venezuela’s oil wealth to project power internationally, nudging OPEC to raise oil prices when he could, showering allies like Cuba and Nicaragua with subsidized oil shipments, and mocking the United States while selling it his crude. But Mr. Chávez’s death on Tuesday has had surprisingly little impact on global oil […]

Across US, Health Concerns Vie with Fracking Profits

Peter “Pete” Seeger is a 93-year old U.S. folk legend who resides near Wappingers Falls in southern New York. He can be spotted occasionally on the traffic-heavy Route 9, flanked by world peace signs and armed with a banjo. Seeger is famous for his protest songs – which tackle topics ranging from U.S. wars abroad […]

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