Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


News from July 2013

Egypt condemned to continued chaos without its earnings from oil!

Egypt condemned to continued chaos without its earnings from oil! thumbnail

On the ASPO Sweden website Martin Saar has written a good article on Egypt and how declining income from oil production is a source of that nation’s current problems. It is definitely a problem for their future. (The text is translated to English by Michael Lardelli). Egypt condemned to continued chaos without its earnings from […]


The Shale Oil Revolution Is Already Ending And Oil Prices Are Going To Surge

The Shale Oil Revolution Is Already Ending And Oil Prices Are Going To Surge thumbnail

AllianceBernstein’s Bob Brackett has weighed in on the debate over whether the global shale revolution is merely hype. And his answer is: yes —in part. As far as U.S. shale gas goes, it’s pretty much living up to the talk: the newer plays are seeing strong recovery rates over large acreage, meaning gas will keep […]


New Great Depression Will Collapse Civilization

New Great Depression Will Collapse Civilization thumbnail

In today’s video, Richard Duncan author of ‘The New Depression’ explains how a four decade long expansion of 50 trillion dollars in credit will collapse civilization in less than 10 years.


Shale Drillers Squeeze Costs as Era of Exploration Ends

Shale Drillers Squeeze Costs as Era of Exploration Ends thumbnail

The pioneers of America’s shale gas and oil revolution have done their work. Now it’s time for the factory crews to take over. After spending $53 billion on a land binge to find hydrocarbons, the petroleum industry is counting on technological innovations — better imaging data, speedier and longer horizontal drilling, among them — to […]


Peak oil’s death has been greatly exaggerated

Peak oil’s death has been greatly exaggerated thumbnail

Fans of the the Oil Drum website are blaming the success of fracking for its demise. Not so fast Sad news from the world of Peak Oil-awareness. On July 3, the Oil Drum, a fabulous one-stop-shop for news, analysis and discussion of energy issues, announced it was shutting down after an informative eight-year run. As […]


A well in the Gulf of Mexico is leaking oil due to a “loss of control.” Here’s what that means

A well in the Gulf of Mexico is leaking oil due to a “loss of control.” Here’s what that means thumbnail

The US coast guard confirmed today that a well in the Gulf of Mexico is leaking light oil and natural gas. The oil has reportedly formed a sheen about four miles long and three-quarters of a mile wide on the surface of the Gulf. Five workers on the well platform, Ship Shoal Block 225 Platform […]


Using the Sun to Produce Oil

Using the Sun to Produce Oil thumbnail

Glasspoint Solar CEO Rod MacGregor on manufacturing solar steam generators for the oil and gas industry.


Pipeline vs. Rail: Canada Oil Train Crash

Pipeline vs. Rail: Canada Oil Train Crash thumbnail

By EconMatters   Almost exactly like the 2010 movie “Unstoppable” which tells the story of a runaway freight train carrying hazardous chemicals, another unmanned 73-tanker runaway train full of crude oil also was passing through a small town of Lac-Megantic in Quebec, Canada on an early Saturday morning, July 6.  However, in the movie, the runaway […]


Gulf platform evacuated after leak from decades-old well

Gulf platform evacuated after leak from decades-old well thumbnail

Semi-subermisible oil rigs and jackup drilling units in the Gulf of Mexico off the coast of Cameron, La. (Aaron M. Sprecher/Bloomberg) Five workers were forced to evacuate a platform in the Gulf of Mexico on Monday evening when gas condensate began escaping from a Talos Energy well. The decades-old well south of Louisiana has been […]


BP to Ask Court to Reject Costly View of Oil Spill Deal

BP to Ask Court to Reject Costly View of Oil Spill Deal thumbnail

BP Plc (BP/), with billions of dollars at stake, seeks to lower payments from its partial Gulf of Mexico oil spill settlement by persuading a federal appeals court to order stricter standards for evaluating claims. The administrator, Patrick Juneau, is approving millions of dollars in “fictitious” payments for business losses based on what BP believes […]


Charter of the Deep Future: Enough, For Everyone, Forever

Charter of the Deep Future: Enough, For Everyone, Forever thumbnail

Below is a short excerpt from Samuel Alexander’s new book, Entropia: Life Beyond Industrial Civilisation. This book is a creative work of fiction – a ‘utopia of sufficiency’ – which envisions a simple living community that became isolated on a small island after the collapse of industrial civilisation. Looking back from the future, the book […]


Why Seaweed Biofuels Cannot Save the Planet

Why Seaweed Biofuels Cannot Save the Planet thumbnail

“Seaweed biofuels: a green alternative that might just save the planet“ My general rule of thumb is that if you read headlines “X will save the planet” or that biofuels will do anything at all it’s better to just flip the page. However a report in the Guardian last week informs that seaweed biofuels can […]


JET: The fellowship of the Plasma Ring

JET: The fellowship of the Plasma Ring thumbnail

    The fellowship of the Plasma Ring JET’s 30th anniversary To Paul Thomas, and many others who now are part of the ITER team, JET … Thirty years after its first plasma and two decades after its first burst of fusion power … www.iter.org/newsline/273/1635 Some 25 former members of JET’s staff gathered in the ITER […]


Outlook for world cities: rapid growth, competition

Outlook for world cities: rapid growth, competition thumbnail

As globalization has taken hold in the world economy, a second trend will continue to develop in the 21st century: urbanization. As city populations grow, agglomerations – the fusion of different communities into a single socio-economic entity, in terms of communications and labor markets – will only increase. These agglomerations will not necessarily mean a union in terms of government, […]


Peak Oil Will Not Be Televised

Peak Oil Will Not Be Televised thumbnail

Before I get into my post, I wanted to share this article. As gross as it is, considering my experience with C. Diff over the past (more than) several years, people should know just how important the bacteria flora living on and in your body is to your health. I had occasion to reach out […]


India asks oil companies to buy dollars from single bank

India asks oil companies to buy dollars from single bank thumbnail

India’s central bank has asked state-run oil companies to buy dollars from a single bank, said a source privy to the advice from Reserve Bank of India, as the government struggles to stem the declining rupee. The rupee fell to a record low of 61.21 against the dollar on Monday, exacerbating fears about the funding […]


Los Angeles, Paris Participate in Megacities Carbon Project

Los Angeles, Paris Participate in Megacities Carbon Project thumbnail

Cities are responsible for 70 percent of greenhouse gas emissions from fossil fuels. Los Angeles and Paris are both participating in the Megacities Carbon Project, a research study by NASA’s Jet Propulsion Laboratory to develop and test methods for more accurately measuring greenhouse gas emissions from cities and power plants. The stated goal of the […]


Shale Truth Interviews Arthur Berman segment #3 price uncertainty

Shale Truth Interviews Arthur Berman segment #3 price uncertainty thumbnail

The Delaware Riverkeeper Network is presenting a series of interviews with experts on the impacts of the shale gas industry. In this segment energy industry analyst Arthur Berman discusses the difficulty in predicting future prices of natural gas.


Different Peak Oil Denial Nonsense Is Still Nonsense [Pt 4]

Different Peak Oil Denial Nonsense Is Still Nonsense [Pt 4] thumbnail

I began the first post in this series with this observation: “Some day (soon, I hope) audiences for whom peak oil denial nonsense is intended will ask themselves: what are the reasons—and supporting evidence—for these kinds of assertions?” This is a follow-up to last Monday’s post, offering more samplings from a Forbes piece published a […]


Will the Collapse of Civilization Begin With Global Corporatist Totalitarianism?

Will the Collapse of Civilization Begin With Global Corporatist Totalitarianism? thumbnail

  STAGE WHAT COLLAPSES SIGNS OF COLLAPSE E.G. OF CULTURE AT THIS STAGE COPING/RESILIENCE MECHANISMS 1. Financial Collapse banks, currencies, the value of savings & assets bank failures/rescues, stock/housing market collapses Iceland during 2008 crisis eliminating and repudiating debts, using community currencies, let the banks fail 2. Commercial Collapse credit availability, trade, businesses, tax revenues, […]


Let’s Talk About Oil

Let’s Talk About Oil thumbnail

Given its role in touching nearly every aspect of life across the globe and given the higher and volatile prices over the past half-decade, oil supply has been an incessant topic of conversation for much of our recent memory. Yet the tone of the conversation has dramatically pivoted recently from arguments about whether peak oil […]


China smog cuts 5.5 years from average life expectancy

China smog cuts 5.5 years from average life expectancy thumbnail

China’s air pollution has cut life expectancy by an average of 5.5 years in the north of the country and caused higher rates of lung cancer, heart attacks and strokes, according to a groundbreaking study. The worsening toxic smog in northern China became an issue of national concern after air pollution spiked to record levels […]


Biofuel mandates produce widespread collateral damage

Biofuel mandates produce widespread collateral damage thumbnail

Aclever ActionAid U.K. video asks Londoners to sign a petition that claims “greedy people in developing nations are eating huge amounts of food that could easily be turned into biofuel to power our cars.” They refused. The stunt underscores how biofuel programs turn food into fuel, convert cropland into man-made hydrocarbon deposits, disrupt food supplies […]


At least 51 killed in Egypt, Islamists call for uprising

At least 51 killed in Egypt, Islamists call for uprising thumbnail

At least 51 people were killed on Monday when the Egyptian army opened fire on supporters of ousted president Mohamed Mursi, in the deadliest incident since the elected Islamist leader was toppled by the military five days ago. Protesters said shooting started as they performed morning prayers outside the Cairo barracks where Mursi is believed […]


Collapse Awareness and the Tragic Consciousness

Collapse Awareness and the Tragic Consciousness thumbnail

by Jamey Hecht, Ph.D. Infinite growth on a finite planet is suicide. Industrialization is destroying the world. Resource depletion, pollution, and climate change will make industrial civilization impossible much sooner than is generally admitted. It is traumatic to realize this, and the process involves an intense need to discuss the issue. But the predicament of […]


Are You Strong? Remembering Randy Udall

Are You Strong? Remembering Randy Udall thumbnail

JR: After a weeklong search, Randy Udall’s body was found in Wyoming Wednesday. He appears to have died of natural causes during a solo camping trip. Randy was the brother of Sen. Mark Udall (D-CO), who released a family statement, which ended “Randy left this earth doing what he loved most: hiking in his most […]


If you care about the environment, you should welcome natural gas fracking

If you care about the environment, you should welcome natural gas fracking thumbnail

Shale gas is reshaping America’s economy, environment and politics in still surprising ways. It was an unpredicted phenomenon, but shale gas, now more than a decade old, accounts for 40% of the natural gas in the US. The success of shale production, that has reached large areas of America where no gas development previously existed, […]


Good growth – does the world need it or get it?

Good growth – does the world need it or get it? thumbnail

PwC’s Malcolm Preston asks if western governments are pursuing the right sort of growth Returning from an overseas business trip last month I read a report of Obama’s climate action plan. It described it as adding-up to “one of the most extensive reorganisations of the US economy since the 1930s”. A few paragraphs later, the […]


Japan Utilities Apply to Regulator for Atomic Plant Restarts

Japan Utilities Apply to Regulator for Atomic Plant Restarts thumbnail

Kansai Electric Power Co. (9503) and three other regional utilities applied to Japan’s nuclear regulator for safety checks, a step toward restarting reactors idled after the Fukushima atomic disaster in March 2011. The applications filed today by Kansai Electric, Shikoku Electric Power Co. (9507), Hokkaido Electric Power Co. (9509) and Kyushu Electric Power Co. (9508) […]


Building a resilient homestead of your own

Building a resilient homestead of your own thumbnail

“Imagine inheriting a food forest,” farmer and author Ben Falk suggests in The Resilient Farm and Homestead: an Innovative Permaculture and Whole Systems Design Approach. And although Falk does eventually go on to describe exactly how one would go about creating a low-maintenance, edible forest garden, the idea he poses ignites a greater question – […]


« Previous PageNext Page »



Oil News Categories


Recent Board Topics


Archive


LATEST NEWS HEADLINES


PO Real Time

No tweets available