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News from October 2013

UK could face power blackouts in winter 2014/15

UK could face power blackouts in winter 2014/15 thumbnail

* Power system under strain especially in winter 2014/15 * Government should speed up power market reform – report Britain could see widespread power blackouts during next year’s winter if a series of unforeseen events such as a cold snap or unplanned station outages occurs simultaneously, a report for an advisory body to the prime […]


An Oil and Gas Boom for Southeast Asia ?

An Oil and Gas Boom for Southeast Asia ? thumbnail

“The Financialist” ( a creation of Credit Suisse, apparently) has an article on the competition for south east Asia’s offshore oil reserves – An Oil and Gas Boom for Southeast Asia?. Weirdly it’s published as one large image…   Peak Energy


World Vasectomy Day Encourages Men to Cut … The Population

World Vasectomy Day Encourages Men to Cut … The Population thumbnail

October 18th, believe it or not, is World Vasectomy Day. According to the holiday’s designated website, World Vasectomy Day (WVD) is the “largest male-oriented global family planning event ever. The goal is to have 1,000 vasectomies performed across 25 countries in 24 hours.*” This event, which includes live screenings of the 15-minute procedure and other such […]


Commoning in the City

Commoning in the City thumbnail

In the architecture museum on the island of Skeppsholmen, in the heart of Stockholm, eleven of us have been brought together to spend two days thinking aloud around the theme of Commoning the City. The human rights researcher Saki Bailey provides a forensic analysis of the foundations of property law. The artist Fritz Haeg tells […]


Peak Oil And The Reality Of What’s Coming

Peak Oil And The Reality Of What’s Coming thumbnail

Michael Ruppert, Colin Campbell and other experts explain what is coming!


Chase Bank Limits Cash Withdrawals, Bans International Wire Transfers

Chase Bank Limits Cash Withdrawals, Bans International Wire Transfers thumbnail

Preparing for looming financial crisis in U.S.? Chase Bank has moved to limit cash withdrawals while banning business customers from sending international wire transfers from November 17 onwards, prompting speculation that the bank is preparing for a looming financial crisis in the United States. Numerous business customers with Chase BusinessSelect Checking and Chase BusinessClassic accounts […]


No Safe Havens in Increasingly Acid Oceans

No Safe Havens in Increasingly Acid Oceans thumbnail

Oil, gas and coal are contaminating the world’s oceans from top to bottom, threatening the lives of more than 800 million people, a new study warns Tuesday. “It took a year to analyse and synthesise all of the studies on the impacts of climate change on ocean species,” Camilo Mora, an ecologist at University of […]


Heinberg: Chapter 4 – Fracking Wars, Fracking Casualties

Heinberg: Chapter 4 – Fracking Wars, Fracking Casualties thumbnail

This article is an excerpt from Richard Heinberg’s new book SNAKE OIL: How Fracking’s False Promise of Plenty Imperils Our Future. Given the urgency and importance of the issues we are serializing the book here at Resilience.org. Read Part 4: Chapter 3 – A Treadmill to Hell BUY THE BOOK News item, dateline February 14, 2013: Ben […]


Save the Oceans, Feed the World

Save the Oceans, Feed the World thumbnail

In 1614, Captain John Smith arrived off the coast of Maine searching for minerals, whales, and wealth. But the greatest bounty he discovered was actually fish. Smith and his crew stumbled upon vast schools of cod, a valuable commercial fish and a kitchen staple in Europe. Dried or salted, the nourishment from North America’s rich […]


Why Food Should be a Commons not a Commodity

Why Food Should be a Commons not a Commodity thumbnail

Food is treated as a private good in today’s industrial food system, but it must be re-conceived as a common good in the transition toward a more sustainable food system that is fairer to food producers and consumers. If we were to treat food as a commons, it could be better produced and distributed by […]


Kevin Carson’s response to John Michael Greer

Kevin Carson’s response to John Michael Greer thumbnail

John Michael Greer (“The Flight to the Ephemeral,” The Archdruid Report, Oct. 2) was kind enough to address an earlier post of mine on this blog a few weeks back (“When Ephemeralization is Hard to Tell From Catabolic Collapse,” P2P Foundation Blog, Sept. 19). Here are my responses, in no particular order of importance.   […]


Extreme Energy and Reason

Extreme Energy and Reason thumbnail

The topic of ‘extreme energy’ should be a relatively easy one to dispense with for any reasonably informed Transitioner. Extreme energy, as defined by the UK’s first Extreme Energy Gathering, who by virtue of their killer name should know, “is the process where energy extraction methods grow increasingly more intense over time, as easier to […]


University of Maryland researchers address economic dangers of ‘peak oil’

University of Maryland researchers address economic dangers of ‘peak oil’ thumbnail

Researchers from the University of Maryland and a leading university in Spain demonstrate in a new study which sectors could put the entire U.S. economy at risk when global oil production peaks (‘Peak Oil”). This multi-disciplinary team recommends immediate action by government, private and commercial sectors to reduce the vulnerability of these sectors. While critics […]


North Dakota farmer makes crude discovery: largest oil spill on US soil

North Dakota farmer makes crude discovery: largest oil spill on US soil thumbnail

When Steve Jensen saw crude oil bubbling up from the ground on his North Dakota farm, he knew immediately he wasn’t having a Jed Clampett moment. Unlike the classic “Beverly Hillbillies” character who struck it rich with oil, Jensen figured the “black gold” was coming from the pipeline that runs under his 1,800-acre wheat farm, […]


Five reasons why government shutdown points to breakup of U.S.

Five reasons why government shutdown points to breakup of U.S. thumbnail

Secession is not just for unreconstructed Confederates anymore. On both the right and the left, Americans increasingly see Washington as the problem and local autonomy as the solution. Despite all the talk, the federal government shutdown hasn’t greatly affected daily life for most Americans so far. Some have been hit hard, especially federal employees, those […]


The sun is setting on dollar supremacy, and with it, American power

The sun is setting on dollar supremacy, and with it, American power thumbnail

All great empires – from the Greek, to the Roman, the Spanish and the British – have at their heart a dominant means of exchange which is very much part of their political and social hegemony. Once upon a time, it was Roman coinage which was the world’s pre-eminent currency. In more recent times it […]


North Dakota Farmer Stumbles on Massive Oil Leak

North Dakota Farmer Stumbles on Massive Oil Leak thumbnail

A farming harvesting his fields in North Dakota has come across a massive oil spill, undetected long enough to become the size of seven football fields.   Local media reports cite farmer Steve Jensen as saying the crude appeared to becoming from a rupture in an underground pipeline operated by Tesoro Corp. The farmer noted […]


Goldman Sachs – “360 projects to change the world”

Goldman Sachs – “360 projects to change the world” thumbnail

The fact that they have now begun to produce oil from Kashagan and that we know the project costs are $48 billion gives me reason to look at a report that Goldman Sachs presented in March 2012, ”360 projects to change the world”. They have studied how much oil and gas the various projects are […]


“Once In A Decade Storm” Batters Fukushima

“Once In A Decade Storm” Batters Fukushima thumbnail

While the broader public’s attention continues to be distracted by the circus that America’s legislative and executive branches have become (an expected development at a time when the monetary branch reigns supreme), the real, non-scripted and truly devastating catastrophe continue to unfold in Japan, and specifically in Fukushima, where both TEPCO and the government have […]


3 Oil and Gas Tax Loopholes and Subsidies You Didn’t Know About

3 Oil and Gas Tax Loopholes and Subsidies You Didn’t Know About thumbnail

As one of the most mature and profitable industries in the country, it seems impossible that the oil and gas industry pays less in taxes than the standard federal corporate income tax rate of 35%. In fact, according to data from the U.S. Energy Information Administration, the top major oil and gas corporations paid, on […]


Energy, Ecology, & Economics — Part II

Energy, Ecology, & Economics — Part II thumbnail

This is part two of a three-part series revisiting HT Odum’s classic Ambio paper on the 3Es, which was written 40 years ago for a special issue of the Royal Swedish Academy of Science’s Energy in Society issue (Ambio, 1973). The article was republished in Mother Earth News, and the reprint is still available online […]


North Dakota Oil Output Could Hit 1 MMbod by Year-End

North Dakota Oil Output Could Hit 1 MMbod by Year-End thumbnail

Oil production in North Dakota, home to the prolific Bakken formation, could hit 1 million barrels per day (bpd) as early as at the end of this year, the head of the state’s Mineral Resources Department said on Tuesday. Data issued by the department on Tuesday showed production rose 35,000 bpd in August to more […]


U.S. Becomes World’s Top Oil Producer in 2013, PIRA Says

U.S. Becomes World’s Top Oil Producer in 2013, PIRA Says thumbnail

The U.S. is expected to overtake Saudi Arabia as the world biggest total supplier of oil this year when natural gas liquids and biofuels are added to crude, PIRA Energy Group said. The U.S. is projected to produce an average of 12.1 million barrels a day of liquids in 2013, 300,000 barrels a day higher […]


ITER Fusion Reactor to Postpone Basic Physics Research

ITER Fusion Reactor to Postpone Basic Physics Research thumbnail

In light of construction delays of the first fusion reactor being designed to generate self-sustaining reactions, a committee has decided to postpone some basic physics research and other studies considered non-essential to the project’s target, Nature.com reports. The International Thermonuclear Experimental Reactor (ITER) is being built in southern France to test the so-called tokamak method […]


Understanding the Continued Dominance of Fossil Fuels

Understanding the Continued Dominance of Fossil Fuels thumbnail

We live in a time where rapid change is pretty much the only certainty, but one thing that continues to rather stubbornly maintain the status quo is our energy mix. As shown below, fossil fuels still completely dominate global energy consumption and, since the nuclear boom ended a little more than two decades ago, those dirty […]


Global Oil Demand Is About To Peak — Here’s How To Profit

Global Oil Demand Is About To Peak — Here’s How To Profit thumbnail

Repeated predictions of the world’s oil shortage in coming years simply failed to account for our ability to tap into deeper, more complex seams of energy, buried under the ocean floor or the Arctic tundra. It may become more expensive to get at those new pockets of oil, but it’s hard to see how we’ll […]


Fossil Fuel Euphoria: Hallelujah! Oil and Gas Forever!

Fossil Fuel Euphoria: Hallelujah! Oil and Gas Forever! thumbnail

For years, energy analysts had been anticipating an imminent decline in global oil supplies.  Suddenly, they’re singing a new song: Fossil fuels growing scarce?  Don’t even think about it!  The news couldn’t be better: fossil fuels will become ever more abundant.  And all that talk about climate change?  Don’t worry about it, they chant.  Go […]


When Countries Go Broke

When Countries Go Broke thumbnail

It’s become almost cliche these days to point out how many governments are broke beyond belief. In Japan, where the country’s debt level already exceeds 200% of GDP, the government has to finance 46% of its budget by issuing more debt. In the United States, the governments add a trillion dollars each year to the […]


Kunstler: The “Aggregation Of Rackets” That American Life Has Become Is Rolling Over

Kunstler: The “Aggregation Of Rackets” That American Life Has Become Is Rolling Over thumbnail

Things that can’t go on, the prophet Herb Stein once observed, go on until they can’t. Criticality eventually bushwhacks credulity. The aggregation of rackets that American life has become is rolling over like a great groaning wounded leviathan and the rest of the world is starting to freak out at the spectacle. Instead of a […]


Saudi Arabia to Join US as Shale Gas Producer

Saudi Arabia to Join US as Shale Gas Producer thumbnail

OPEC heavyweight Saudi Arabia is preparing to be among the first countries outside North America to use shale gas for power generation and thereby save more of its crude oil for lucrative exports. Inspired by a shale gas boom in the United States, which has transformed the country from the world’s largest gas importer to […]


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