By that date, the world population is predicted to increase from 7 billion to 9 billion people, a nearly 30 percent increase. To feed all those hungry people, agricultural scientists are look-ing to biotechnology to find ways to boost crop yields and improve the nutritional value of the food farmers in Nebraska and elsewhere raise. […]
F unny how, in the current national rapture of techno-narcissism, it is harder than ever to do something that for generations used to be as simple as pie: to get somebody on the telephone. It’s especially funny in a time when phones have become a prosthetic extension of every human hand and pretty much the […]
The mainstream media may have long forgotten about the Fukushima tragedy (as it certainly goes against the far more popular and palatable meme of a Japan “recovery” courtesy of Abenomics) but that does not mean it is fixed or even contained. Quite the contrary. As a rare update from Japan’s Jiji news agency reminds us, […]
Some of the biggest oil producers in the world are about to make it a lot easier for Western oil companies to do business with them. For years, Mexico, Iran, Iraq, Algeria and Libya—most of them among the top 10 producers world-wide—were fiercely nationalistic when it came to oil. They either offered Western companies punitive […]
‘The multiple forecasts of regional and global peaks that have been made since the 1950s have frequently proved premature. More optimistic forecasts have often proved equally incorrect, but it takes longer for their errors to become evident.’ Q: Where does this leave the broader energy dialogue in terms of the role of peak oil and […]
We have previously profiled the “holy grail” gas deal between Russia and China on several occasions, and noted last week how it is expected to be signed this week – pending some final price negotiations. It appears that was spot on as Reuters reports, Russian state-run Gazprom said it was still “one digit” away from finalising a 30-year gas […]
Industrialised countries could be facing the prospect of an oil supply squeeze and higher prices later this year unless production is lifted, according to a report just released by the International Energy Agency. In its latest Oil Market Report, the IEA says recent production gains will not be sufficient to meet market needs in the […]
While lots of attention has been focused recently on a “60 Minutes” report on BP’s claims of fraud in the settlement over the 2010 Deepwater Horizon oil spill, a report on HBO’s “Vice,” airing over this week, sharply criticizes the company’s use of chemical dispersant in its cleanup efforts. “Crude Awakening,” which premiered Friday (May […]
Big oil is eager for another crack at drilling in the oil- and gas-rich Arctic offshore. But that renewed interest comes amid intense scrutiny in the aftermath of the Deepwater Horizon spill in the Gulf of Mexico in 2010. Encouraged by higher crude prices, better technology and steep costs that pose barriers to entry for […]
Signals from Washington are getting clear. A new variable – the US crude – may soon be entering and indeed impacting the global crude markets. The US government is reportedly considering doing away with a four-decade-old law that bans the sale and export of American oil abroad. The ban was put in place in reaction […]
Having asked for some water, Mike inspected the glass dubiously, like a connoisseur of housekeeping; the fluted part at the base was murky. “Jenna, we’re going to have some work to do,” he laughed. “I scrubbed and scrubbed,” I protested. “Don’t you use the dishwasher?” “I don’t know how.” This was within two or three days of […]
Jean Laherrere sent me the below post and asked me to post it in reply to comments posted by Dennis Coyne and Political Economist on my post Bakken Update, March Production Data. But that was several days ago, the comments are stale. Also it was too large for a comment. So since we are a […]
During my graduate school days–which featured 1,000 pages plus of assigned reading in history each week–I used to fall asleep watching late-night reruns of “Star Trek: The Next Generation” after returning home from evening trips to the gym. (Given the circumstances, you’ll understand that curling up to good book was not my way of unwinding […]
When Russia seized Crimea in March, it acquired not just the Crimean Peninsula but also a maritime claim more than three times its size with the rights to underwater resources potentially worth trillions of dollars. Russia portrayed the takeover as reclamation of its rightful territory, drawing no attention to the oil and gas rush that […]
In this podcast, Steve details various aspects of the Peak Oil phenomenon, with the various definitions that come with that. Also covered is how credit constraints affect the economy and geopolitical effects around the globe. How long will the game last? In Part III to come, Steve and I hash out our varying interpretations of […]
The source of the radioactive leak at the earthquake-stricken Fukushima Daiichi nuclear power plant was finally identified by the facility’s operator TEPCO to be in the primary containment vessel of reactor 3, authorities reported. It was in January when the crew of the plant first noticed that water was leaking through to the drain on […]
Earth’s biosphere is collapsing and dying as human industrial growth overwhelms ecosystems and abruptly changes climate. Equity, education, condoms, and lower taxes and other incentives to stabilize and then reduce human population are a huge part of the solution. THE FALL Earth in overshoot; human growth is killing her; the end of being. The […]
While the world population is expected to grow to 8.3 billion by 2030, public transport will remain the backbone of multi-modal mobility services in the future. This was affirmed by a transport expert, who predicted a significant spike in the use of public transport in the region by 2025. “Day-to-day public shuttle trips are (expected) […]
Nicole Foss – How I Prepared My Home for Peak Oil and Economic Uncertainty video
The world is overpopulated. The street are clogged, traffic is in a snarl, and people are living – both figuratively and literally – right on top of each other. There’s hardly enough room to swing a cat these days, right? Wrong. The world is not overcrowded at all. There are vast swaths of unpopulated land […]
Time for another roundup of some of the better peak oil stories from the last few months: Former BP geologist: Peak oil is here and it will ‘break economies’ (Raw Story) US Army colonel: world is sleepwalking to a global energy crisis (The Guardian) Peak oil theory, as originally conceived by Hubbert and his followers, […]
It was time to move again, Mike felt, before he got on Barry’s wife’s nerves. He was coming to Brooklyn where he’d be able to meet with Ray to sort out the trust, and be with me. I had become the next goal. This was a dream come true: To have Mike on my turf […]
This is a brief update on Eagle Ford Crude plus Condensate (C+C) output through February 2014. It can also be found at Peak Oil Climate and Sustainability. Figure 1- RRC Data provided by Kevin Carter I have used my usual method of estimation where I find the percentage of total Texas(TX) C+C output that is from […]
In the past several years, one of the topics covered in detail on these pages has been the surge in such gimmicks designed to disguise lack of demand and end customer sales, used extensively by US automotive manufacturers, better known as “channel stuffing”, of which General Motors is particularly guilty and whose inventory at dealer […]
Losses of managed honey bee colonies in the US totalled 23.2% last winter, according to a report by the US Department of agriculture. The report, produced with industry group the Bee Informed Partnership, showed that the death rate for October 2013 to April of this year was better than the 30.5% losses for 2012 to […]
A top Iranian naval commander said that he is prepared to order suicide attacks, drone strikes, and missile technology to “destroy the U.S. Navy” in any upcoming confrontation, according to an interview printed in Iran’s state-run media. Iranian Naval Commander Rear Admiral Ali Fadavi, a member of Iran’s elite Islamic Revolutionary Guard Corps (IRGC), said […]
Ireland’s oil potential may “hold some intrigue” but exploration carries “real risk”, according to a BP executive. While many believe waters off Ireland could prove lucrative, Bernard Looney, chief operating officer in production at the energy giant, said the sheer size, depth and hostility of some of the areas makes it “exceptionally challenging”. During a […]
FT: Opec “will need to increase production significantly in the second half of the year in order to meet world demand, according to the west’s energy watchdog.” “While production gains of about 400,000 barrels a day in April have gone some way towards easing tight global markets, the International Energy Agency says a bigger increase […]
Generals and others have talked about the dangers of conflicts and/or wars being generated as resources are depleted (Natural Resource Depletion and the Changing Geopolitical Landscape). A conflict between Vietnam and China is an example of the tensions that can arise – in this case oil is the resource (China Blames Vietnam). But as the […]
The Iraqi government has repeatedly said oil sales bypassing Baghdad are illegal and has threatened to sue any company involved in the trade. Israeli and U.S. oil refineries have joined the growing list of customers for crude from Iraqi Kurdistan, a region locked in a bitter struggle with the central government in Baghdad that says […]
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