The moral of the natural gas/winter weather story

If the ancient Greek storyteller Aesop were alive today, he might have written a fable about North American energy markets. Aesop’s sheet of papyrus may have ended with the moral: “If you wait long enough, gas prices will go up.” Last week, the ticker showed the highest continental natural gas prices in four years, momentarily […]

Peak Oil Denial: Nonsense Keeps Rolling Along # 7

At the risk of starting a cat fight where truth may too quickly become a casualty, why don’t we more forcefully challenge those who deny peak oil (and global warming) and who do so for reasons that generally ignore reality in favor of narrowly-defined interests? Those motivations will ultimately do nothing but promote more eventual […]

Orlov: How To Time Collapses

Over the past half a decade I’ve made a number of detailed predictions about collapse: how it is likely to unfold, what its various manifestations are likely to be, and how it will affect various groups and categories of people. But I have remained purposefully vague about the timing of collapse and its various stages, […]

Natural Gas isn’t a Bridge Fuel, it’s a Gateway Drug

In his State of the Union, President Obama added to the conventional wisdom that supplanting coal with natural gas will act as a bridge toward a climate solution. Unfortunately, gas is more of a gateway drug than a bridge to a clean energy future. 1) It’s still a major greenhouse gas.  Sure, natural gas is […]

Why a “one world” economic structure is fragile and dangerous

Bilderberg 2013 The dangers of a single global economy very well articulated from the gates of Bilderberg. If anyone can tell me who this man is I would like to know.

Oh no! The oil price could fall

While I rarely agree with Ambrose Evans-Pritchard I do appreciate his continual columns on the energy industry and related topics. One recent column of his looked at oil price movements in the near term, predicting that oil prices may fall due to a surge in supply (and moving on to the even less likely conclusion […]

Congress seeks to jack up fees on home heating oil

Congress’ mammoth farm bill restores the imposition of an extra fee on home heating oil, hitting consumers in cold-weather states just as utility costs are spiking. The fee — two-tenths of a cent on every gallon sold — was tacked on to the end of the 959-page bill, which is winding its way through Capitol […]

North Dakota Flares $100m of Natural Gas a Month

It is well known that advances in technology have enabled the US to experience a huge boom in oil production over the past several years. Since 2007, oil production from North Dakota’s Bakken formation has increased by 4,000%, and turning the state into the second largest oil producer after Texas. The problem is that a […]

The shareable economy: Don’t let the perfect be the enemy of the good

Last fall at the Shareable Cities Summit in Portland a panelist from Getaround, the car sharing service, made the astounding statement that car sharing had the potential to reduce the number of cars on the road by an order of magnitude–for the math-impaired that means 90 percent. What makes this seemingly fantastical development possible is […]

Big oil companies find it harder to turn a buck

Judging by pump prices, drivers might think oil companies were rolling in profits that only move higher. Lately, though, the big boys in the global oil industry are finding that earning a buck isn’t as easy as it used to be. Royal Dutch Shell, for instance, just announced that fourth quarter earnings would fall woefully […]

Nicole Foss aka Stoneleigh A Century of Challenges Peak Oil & Economic Crisis

Nicole Foss aka Stoneleigh A Century of Challenges Peak Oil & Economic Crisis videos.. Please click here to subscribe to my channel.. The world is changing any day, and just powerful people can live in a good condition in this world order. The way to be powerful is know something.. Subscribe to my channel to […]

Jean Laherrere uses Hubbert linearization to estimate Bakken shale oil peak in 2014

In his latest research on shale oil French oil geologist Jean Laherrere from ASPO France http://aspofrance.viabloga.com/texts/documents estimates a Bakken shale oil peak in 2014. He uses a Hubbert linearization to calculate a total of 2,500 mb to be produced In global terms, a total cumulative of 2.5 Gb is just around 10% of annual crude production […]

The New Wildcard in the US Energy Poker Game

Talking to countless energy executives in recent years, I can vividly recall conversations with various senior leaders of major energy companies who adamantly told me the price of natural gas would remain depressed for years to come. Ever a ‘glass half full’ debater, I often posed the very simple question: What if natural gas prices were […]

Economic Crisis Made Simple

Jenna Orkin, author of “The Moron’s Guide to Global Collapse” (http://www.amazon.com/The-Morons-Guid…), explains in seven minutes the core problem underlying our current economic mess.

Yemen’s main oil pipeline bombed, crude flow stops

Armed tribesmen bombed Yemen’s main oil pipeline on Saturday, halting crude flow to the country’s main export terminal less than a month after it was repaired, oil and local officials said. The attack occurred in the Serwah district in the central oil-producing province of Maarib, they said, and caused a huge fire that prompted the […]

Peak Oil vs. Peak Chocolate Chip Cookies

Peak Oil is a controversial concept. Some people actually think that the production of oil in nature is continuous (which is a tiny bit, but hardly at all, true) so we can keep pumping oil out of the ground and it will just keep being produced by tiny microbes. But aside from that particular, and […]

“The “Impossible” But Inevitable Solution: Decentralization

What lies beyond the current failing, unsustainable versions of Capitalism and Socialism? Decentralization. Correspondent John D. recently sent in a link to an interview with energy expert and author Jeremy Leggett. The title, “Make no mistake, this is an energy civil war” is a bit sensationalist, but the gist of his point is that centralized control of […]

Sorry, Shale. Iraq Is The Real Oil Revolution

After pushing up domestic crude oil production by about three million barrels a day (mb/d) in the United States, shale oil has inspired speculation about radical shifts in the global oil market. Radical shifts are certainly on the horizon, but something other than shale is likely to be driving them. That something is Iraq. Iraq […]

Industry proposes solution to flaring

Flaring has challenged North Dakota. Despite significant investments in gathering natural gas — about $5 billion since 2006 — the percentage of burned-off gas remains nearly constant. Exploration continues to greatly exceed the reach of gathering pipelines. It’s wasteful. It represents lost revenue for the owners of mineral rights, oil and gas producers and the […]

Production of Natural Gas From Shale: A Resource Blessing or Curse?

By Jason P. Brown – Economic Review, Federal Reserve Bank of Kansas City The extraction of natural gas from shale and tight gas formations is one of the largest innovations in the U.S. energy sector in several decades. According to the Energy Information Agency’s (EIA) 2013 Annual Energy Outlook, total U.S. recoverable natural gas resources […]

Mass sea star deaths off US west coast puzzle scientists

Starfish have been mysteriously dying by the millions in recent months along the US west coast, worrying biologists who say the sea creatures are key to the marine ecosystem. Scientists first started noticing the mass deaths in June 2013. Different types of starfish, also known as sea stars, were affected, from wild ones along the […]

Train Carrying Fuel Oil Derails, Spills In Mississippi

A Canadian National Railway Co train carrying fuel oil and other hazardous materials derailed and was leaking in southeast Mississippi on Friday, forcing the evacuation of nearby residents, officials said. No one was injured in the incident which involved the derailment of 21 railcars, eight of which have spilled their contents, a Canadian National Railway […]

Iraq army prepares to storm militant-held Falluja

Iraqi security forces are preparing to storm Falluja and break a month-long standoff with militants who are in control of the city, senior security officials and troops told Reuters on Saturday. Anti-government fighters, among them insurgents linked with al Qaeda, overran two cities in the Sunni-dominated western province of Anbar on January 1. against a […]

Looking for Energy in All the Wrong Places

With the surprising deep and long freeze, liquefied natural gas (LNG) importers are suddenly busy. The busiest import terminals and regasification facilities are found in the northeast, including New Brunswick, Massachusetts, Maryland and Georgia.  They are owned by Repsol (French), GDF Suez (French), Dominion Resources (D) and Kinder Morgan’s (KMI) El Paso Pipeline Partners (EPB). […]

Apocalypse, Man: World’s End According to Michael C. Ruppert

In Episode two, Michael C. Ruppert talks fracking, police militarization, and Occupy. Then he has a jam session with his bandmate, Doug Lewis, and his singing dog, Squishy. “Apocalypse, Man” is an intimate portrait of a man convinced of the imminent collapse of the world, but with answers to how the human spirit can survive […]

Billions needed to meet natural gas demand

The $10 billion worth of natural gas processing infrastructure already built in the Marcellus and Utica shale region is only a fraction of what Blue Racer Midstream CEO Jack Lafield believes is needed in the coming years. Lafield estimates $30 billion must be spent in midstream infrastructure to keep up with demand. If he is […]

Report Opens Way to Approval for Keystone Pipeline

The State Department released a report on Friday concluding that the Keystone XL pipeline would not substantially worsen carbon pollution, leaving an opening for President Obama to approve the politically divisive project. The department’s long-awaited environmental impact statement appears to indicate that the project could pass the criteria Mr. Obama set forth in a speech last summer […]

From PetroDollar To PetroYuan – The Coming Proxy Wars

Why would the central bank of Nigeria decide to sell dollars and buy Yuan? At first glance it might not seem the most interesting or pressing question for you to consider. But I think it is one of those little loose threads that if pulled upon carefully begins to unravel the hints and traces of […]

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