BP Faults Deepwater Spill Claims Overseer

A federal judge denied BP PLC’s plea to halt payments from a settlement fund set up to reimburse businesses and individuals for losses from the 2010 Deepwater Horizon accident. During a hearing in New Orleans Friday morning, U.S. District Judge Carl Barbier rejected BP’s arguments that the fund administrator, Patrick Juneau, was misinterpreting how claims […]

Turkey, Iraq, and Oil

Though the pace of growth of the Turkish economy has slowed significantly, one of Ankara’s priorities over the coming years is to meet the country’s growing energy demands. The clearest solution is to diversify suppliers of oil and gas, with the autonomous Iraqi Kurdistan (KRG) area being one potential source for such fuels. Had you […]

KunstlerCast: Rappin’ with Dmitry Orlov

James Howard Kunstler raps with Dmitry Orlov, author of Reinventing Collapse and the forthcoming new book, “The Five Stages of Collapse.” We delve into some heretofore unpublicized details of Mr. Orlov’s personal history as a young emigre from the old Soviet Union in the 1970s, and his journeys back to Russia (both Soviet and post-Soviet) […]

Two Energy Revolutions Vie Across the Atlantic

A front-page article in the Washington Post reported on the trend of energy-related investments in the US by European companies.  This is another aspect of the competing energy revolutions I mentioned a few weeks ago, in my comments on President Obama’s State of the Union speech.  Germany’s 2000 Renewable Energy Law introduced feed-in tariffs for wind and solar […]

Feeding a Population vs. Climate Change: Global Food Security by 2050

On April 3rd, the Energy, Resources and Environment Global Leaders Forum at the John Hopkins University Paul H. Nitze School of Advanced International Studies welcomed Dr. Robert L. Thompson to speak on the important matter of global food security within the next 40 years. The question posed in Dr. Thompson’s speech was one of growing […]

Fukushima meltdown driving increased abnormalities among US infants

  In wake of disaster, children on the west coast almost one-third more likely to suffer from thyroid abnormalities Infants on the West Coast of the United States are showing increased incidents of thyroid abnormalities, which researchers are attributing to radiation released following the March 2011 meltdown at the Fukushima Daiichi nuclear power plant. A […]

World`s population will stop growing in 2050

Using research gained from monitoring world population trends for the last 110 years, investigators at the Autonomous University of Madrid predict that the number of people on Earth will level off around the year 2050. This report mirrors statements from the United Nations, forecasting a leveling off of population growth in the decades to come. […]

Rockefeller buys into Russian oil business

Stephen Clark Rockefeller’s UK-based oil company has reached an agreement with VTB Bank to purchase a 100% stake in Tehneftinvesta for $1 billion. VTB Capital facilitated the sale which give Rockefeller Oil over 180 million tonnes of oil reserves, and 20 billion cubic meters of natural gas, Kommersant newspaper reported on Thursday. Vitaly Kryukov, an […]

How I’ve Responded to the Financial Crisis

Since reading Herman Daly’s “Nationalize Money, not Banks,” my head has been whirling with notions of how to help restructure the financial system to support a steady-state economy that respects ecological limits. The current system creates debt-based money by allowing banks to hold only a very small fraction of demand deposits while lending out the […]

Study: 28% Increase In Thyroid Problems In Babies Born After Fukushima in Alaska, California, Hawaii, Oregon and Washington

Is Fukushima Causing Health Problems In the United States? Infants are much more vulnerable to radiation than adults. And see this. However, radiation safety standards are set based on the assumption that everyone in the world is a healthy man in his 20s. Now, a medical doctor (Janette D. Sherman, M. D.) and epidemiologist (Joseph […]

North Korea Says It Will Restart Reactor

North Korea announced plans on Tuesday to restart a mothballed nuclear reactor, the latest in a series of provocations by its leader, Kim Jong-un, to elicit a muted response from American officials, who believe they can wait out Mr. Kim’s threats until he realizes his belligerent behavior will not force South Korea or the United […]

Gas Starts Flowing from Israel’s Levant Basin, What Now?

The first gas has started flowing from Israel’s supergiant Tamar gasfield in the Levant Basin. Where it will go will redraw the Mediterranean energy map and the geopolitics that goes along with it. The Tamar field stakeholders announced on 30 March that the gas had started flowing, raising the value of Texas-based Noble Energy Inc. […]

Crescent Group: Global energy demand undergoing rapid change

The world’s energy demand is growing with increasing population and rapid development in emerging markets. Today, about 1.1 billion people in the developed world consume 110 million barrels of oil equivalent per day (boe/d) in primary energy. The developing world’s 5.8 billion people consume 140 million boe/d. What this means is that if the developing […]

Statoil Oil Sands Production Up more than 60% in 2012

Statoil announced Thursday that it boosted production from its Canadian oil sands activities by more than 60 percent during 2012, while the Norwegian firm reduced its carbon dioxide intensity by almost 24 percent. Statoil said that its 2012 Oil Sands Report demonstrates clear progress in reaching the firm’s ambitious targets for responsible oil sands production […]

Peak Oil: Energy Transition

An observation worth noting … and pondering, from Dean Fantazzini, Mikael Höök, and André Angelantoni: [S]trictly speaking, for the last 150 years we have not transitioned from previous fuel sources to new ones — we have been adding them to the total supply. We are currently using all significant sources (coal, oil, gas and uranium) […]

Energy revolution sparks ‘peak oil demand’ theory

There’s a new ‘peak oil’ theory doing the rounds, this time with a twist: instead of an imminent peak (and subsequent decline) in global oil supplies that causes oil prices to soar, oil demand growth is expected to slow down more quickly than expected and this will result in lower oil prices going forward. In […]

The death of peak oil

“Peak oil is dead,” Rob Wile declared last week. Colin Sullivan says it has “gone the way of the Flat Earth Society”, writing Those behind the theory appear to have been dead wrong, at least in terms of when the peak would hit, having not anticipated the rapid shift in technology that led to exploding […]

Understanding the potential of fusion energy

With fusion energy research about to reach a pivotal goal, many of us remain in the dark about this important energy source and its implications. What is it? How does it work? Why do we need to know? Where will the opportunities lie? When will it be mainstream and have economic impact? Who are Canada’s […]

The Shocking Implications of the Rebuke of Peak Oil Theory

Peak oil theory has gained widespread recognition at various points over the past several decades, usually during times when fears about oil supply shortages have been at their highest. The theory, which espouses the very commonsensical view that the world’s crude oil resources are finite, essentially states that at some point in the future, oil […]

Chevron Cuts CEO’s Pay

Chevron Corp. docked compensation for its chief executive and two other top officials over accidents last year, trimming bonuses and other incentive pay while increasing their salaries. The oil giant reduced the bonus for CEO John S. Watson by 13%, or $520,000, to $3.5 million. Mr. Watson’s salary rose by $100,000, to $1.8 million. Chevron […]

China to Surpass U.S. as World’s Top Crude Importer, OPEC Says

China is on course to overtake the U.S. as the world’s top crude importer by 2014, as the Asian country’s growing refining capacity boosts demand and America’s fracking boom cuts the need for foreign oil, OPEC said today. Imports to China may surpass 6 million barrels a day by the end of this year, according […]

Peak Urbanization?

Emerging markets are driving global growth, and 3.5 billion people are moving to cities. That’s $20 trillion of infrastructure to lay down. It’s either a big problem or an opportunity. — Peter Henry, dean of NYU’s Stern School of Business, New York Times Magazine. Global investors have focused on the opportunities offered by urbanization in […]

How BP Is Joining Big Oil Retreat From Renewals

BP has put its U.S. wind farm operation, one of the largest in the country, up for sale, marking the continued retreat of big oil companies from renewable energy investments while oil and gas projects offer them better returns. The British oil company has already sold or earmarked for sale some $38 billion worth of […]

Cheap Natural Gas Draws European Manufacturers to US

 A number of European steel, chemical, and manufacturing companies are increasing their investments in the United States, driven in large part by a steep decline in U.S. natural gas prices. According to The Washington Post, German chemical giant BASF has announced wide-ranging expansion plans for the United States, thanks to natural gas prices that are […]

Our Parasitic Fed is Triggering the Five Stages of Collapse

[Download MP3s: Hour 1: Our Parasitic Fed is Triggering the Five Stages of Collapse Hour 2: Our Parasitic Fed is Triggering the Five Stages of Collapse ] [itunes] Ellen Hodgson Brown and Dmitry Orlov will discuss the continuing collapse of western society thanks to the parasitic behavior of our banking establishment. With outright confiscation of […]

The Myth Of U.S. Energy Independence

Let’s begin with the Federal Reserve. Adding $1 trillion a year to its balance sheet sounds like big money. The Congressional Budget Office recently projected an $845 billion federal deficit in 2013. States and localities will likewise disburse more than they take in taxes — so altogether let’s say it adds up to $2+ trillion […]

Natural gas makes Iowa rich ground for fertilizer

Iowa, it seems, has become a destination for companies that want to produce ammonium nitrate fertilizer. Gov. Terry Branstad has announced two such deals, one in Lee County and one in Woodbury County, each requiring more than a $1 billion in corporate investment in the past 12 months. There’s also talk of a third potential […]

Peak Oil is Near – Ross Jackson

OccupyWorldStreet Peak Oil is Near – Ross Jackson  

Arctic Methane: Why The Sea Ice Matters

For more information about us please visit: http://www.envisionation.co.uk/arctic… Film featuring world renowned experts: Dr James Hansen, Dr Natalia Shakhova, Dr Peter Wadhams, David Wasdell (Apollo-Gaia Project).

Robert Rapier: Wall Street Journal Energy Panel

Last week I made my debut as a contributor to the Wall Street Journal’s (WSJ) new feature The Experts: Journal Reports. The idea is that the WSJ poses questions to the panel, and each panel member provides a response of 300 words or so. The first 4 questions that were asked — and answered — […]

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