Balls on the Line For Planet Earth – World Vasectomy Day

Australia hosts the world’s-first vasectomy-athon asking men to take a very personal action to save the planet, protect their families and do right by themselves. On October 18, 2013, men all over the world who are ready to exit the gene pool will dedicate their vasectomy to Planet Earth. 1,000 men in 25 countries will […]

The Most Expensive Gas In The World

At an incredible $9.98 per gallon, Turkey has the most expensive gasoline in the world – almost triple that of the US – closely followed by Norway at $9.97. In fact, as Bloomberg notes, the US can celebrate its good fortune at being only the 51st most expensive country in the world for gasoline. (click […]

More on Land, Energy, and Time

Land We may assume, then, that every economic actor* in a community has been assigned a portion of contiguous land of equal value excluding the most desirable locations of all – normally coast lines, river banks, the best scenic outlooks, and the best locations for intensive energy collection, which will be retained by the community […]

Population Growth: Malthus Rolls Over

Last week, Oxford Computer Science Professor Steven Emmott published an excerpt of his book, Ten Billion, in The Guardian. The tone of his excerpt breaks all of the rules about communication on environmental issues. It uniformly grim and offers no solutions—verboten on two counts if you actually want people to listen, hear the message, and […]

The shale gas revolution: is it already over?

link to data The production of natural gas in the US has not been increasing for about two years. Fitted with a Gaussian function, it shows a peak in the second half of 2012 and, from then on, a tendency to decline. Decoupled in its various components, the data show that shale gas production is […]

Is Peak Oil a Scam or a Reality?

The current state of oil dependency on this planet may not be necessary due to alternative energy sources, but the fact remains that under this current paradigm, with the tools and products available to us, oil is still unfortunately a fundamental part of our every day lives. Photo: Usaherald By JG Vibes Intellihub.com July 4, […]

Jon Talton’s Failed Peak Oil Predictions Show Why The Free Market Works

It is a simple reality that you are more careful with your own money than with others’. The latest example comes from Seattle Times business columnist Jon Talton, who has argued repeatedly that the world is about to run out of oil. The theory, called “Peak Oil,” says that since oil is a finite resource, […]

R.I.P. The Oil Drum 2005-2013 {Peak Oil proclaimers giving up}

It was with some dismay that I read this morning of the impending end of The Oil Drum, perhaps the leading “peak oil” blog … … due to scarcity of new content caused by a dwindling number of contributors. Despite our best efforts to fill this gap we have not been able to significantly improve […]

The anatomy of gas prices

From the oil field to the refinery to the gas station, an index of numbers that reflect upon the price of a gallon of gas. Enlarge Photo Hoeven wants to fine-tune law North Dakota saw record high gas prices in May due to refinery outages while our neighbors to the west stayed lower. Read more […]

41 IMF Bailouts And Counting – How Long Before The Entire System Collapses?

Broke nations are bailing out other broke nations with borrowed money.  Round and round we go – where we stop nobody knows.  As of April, 41 different countries had active financial “arrangements” with the IMF. IMF Loans (in thousands of SDRs) Sometimes they are called “bailouts” and sometimes they are called other things, but in […]

‘Conned’: a German view of Ireland

Last week, the German newspaper ‘Süddeutsche Zeitung’ published an article about the ‘conning’ of Ireland – over several decades – by its political masters. We talk to the writer, reprint the article and add some footnotes of our own Original introduction: Chancellor Merkel has “contempt” for Ireland’s bankers. But they are just one part of […]

What’s Life Like in an Entirely Car-Free Town?

Every morning, along with brushing our teeth, we fight traffic—rush hour has us eating smog, texting at red lights and honking that hallowed horn. We drive because we have to. But do we? Meet Mackinac, Michigan. This town, located in the center of its namesake islet in Lake Huron, has existed motorcar-free for 115 years […]

Eye-popping predictions on world population

The news on the population front sounds bad: Birth rates are not dropping as fast as expected, and we are likely to end up with an even bigger world population by the end of the century. The last revision of the U.N. World Population Prospects, two years ago, predicted just over 10 billion people by […]

Egypt Causes Turmoil for Oil Prices

The Schork Report Editor Stephen Schork on concerns the unrest in Egypt would interrupt the shipping of oil through the Suez Canal.

China’s Currency “On Its Way To Becoming Global Reserve Currency”

Following the most recent shift ‘away’ from a USD-centric world (with the China-Australia direct currency convertibility), it seems the possibility of China’s Yuan as the next global reserve currency is getting closer. The Brits, Germans, and now the Swiss (who just signed a free-trade-agreement with China) are all actively vying to become Europe’s Yuan trading […]

NIOC Finds $550 Billion Worth of Oil, Gas Reserves in One Year

The National Iranian Oil Company (NIOC) announced that it discovered 552.5 billion dollars of oil and gas reserves last year, while it spent only 229 million dollars for exploration operations. The NIOC announced it explored oil and gas reserves in a number of blocks last year and managed to find 1.891 billion barrels of oil […]

Egypt crisis: Oil giants BP and BG Group withdraw expat staff as violent clashes erupt

Oil giants BP and BG Group have pulled about 160 expatriate staff out of Egypt as violent clashes erupt across the country. BP said it had withdrawn about 60 people, leaving only 40 essential expat workers in the country. BG Group, which usually has about 150 expat staff and dependents in Egypt, said it had […]

Humanity’s predicament: Can new technologies save us?

Our high standard of living from fossil fuel burning comes at the expense of increased global warming. Growing carbon dioxide levels are now 31 percent higher than in the last million years. Temperatures and weather extremes are increasing. Humanity must limit these increases. Our predicament is that developing countries like China and India are increasing […]

‘The real threat to our future is peak water’

As population rises, overpumping means some nations have reached peak water, which threatens food supply, says Lester Brown Peak oil has generated headlines in recent years, but the real threat to our future is peak water. There are substitutes for oil, but not for water. We can produce food without oil, but not without water. […]

Egypt A Peak Oil Revolution

What is happening or just happened in Egypt could be the first Peak Oil revolution which is sure to replicate many times over in many countries around the world. The root cause of Tahrir I as well as Tahrir II was the economic condition of Egypt which put the middle class and the working classs […]

Is The United States Becoming More Energy Efficient?

The American Council for an Energy-Efficient Economy (ACEEE) have released a White Paper entitled “Energy Efficiency: Is the United States Improving?” in which they begin what they hope to be “an annual effort to examine and characterise the overall state of energy efficiency in the United States and determine whether it has improved, declined, or […]

EPA Pressured to Weaken Oil, Gas Science and Environmental Protection

On the eve of Independence Day, when I’d like to celebrate everything I love about America, I got a powerful reminder of something I don’t like: efforts by a polluting industry–and its friends in government–to squash scientific investigation intending to determine whether people are being harmed by toxic contamination of their drinking water. ProPublica published an important article […]

Somebody somewhere should do something about this sometime

“They should do something about this!” “Why doesn’t somebody sort this out?” If I’d had a pound for each time I heard these two comments, I’d have a nicely stocked piggy bank. Usually the speaker means by “they” and “somebody” anybody but them. Anybody who supposedly has the position/power/influence/time (insert whichever one you recognise) which […]

Hitler Finds Out About Peak Oil

This video shows the famous meltdown scene from the German film “Downfall.” This parody is done from the peak oil perspective. See what happens to Hitler when he realises the full implications of peak oil. Inspirations for the this video include the writing of James Howard Kunstler and Derrick Jensen.

Thorium nuclear reactor trial begins in Norway

At a test site in Norway, Thor Energy has successfully created a thorium nuclear reactor — but not in the sense that most people think of when they hear the word thorium. The Norwegians haven’t solved the energy crisis and global warming in one fell swoop — they haven’t created a cold fusion thorium reactor. […]

19 Reasons To Be Deeply Concerned About The Global Economy

Is the global economic downturn going to accelerate as we roll into the second half of this year?  There is turmoil in the Middle East, we are seeing things happen in the bond markets that we have not seen happen in more than 30 years, and much of Europe has already plunged into a full-blown […]

We need a new monetary system

And if thy right hand offend thee, cut it off, and cast it from thee: for it is profitable for thee that one of thy members should perish, and not that thy whole body should be cast into hell. – Matthew 5:30 Defects of our present monetary system My Incomplete List I do not need a list of […]

Islamist protests hit cities across Egypt, at least 24 dead

At least 24 people died across Egypt on Friday as Islamists opposed to the overthrow of President Mohamed Mursi took to the streets to vent their fury at what they say was a military coup. Fierce clashes in the Mediterranean city of Alexandria left 12 dead and 200 injured, while in Cairo, five people were […]

Texas’s Amazing Shale Oil And Gas Abundance

I’m often asked my opinion on what the prices of oil or natural gas are going to do. My answer is always the same: If I had the slightest idea what the prices of oil or natural gas were going to do in the future, nobody in my family would ever have to work another […]

US Energy Transitions: 1776 to 2076

In 1776, Britain’s thirteen American colonies ran on a 100-percent renewable portfolio standard and a distributed (wood- and horse-based) energy economy. Today, as the EIA graph shows, natural gas is ascendant in the U.S. while coal is in decline and nuclear power has plateaued. Petroleum rules the world. Renewable energy survives as the small mammal […]

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