Russia’s Gazprom (GAZP.MM) demanded a $1.66 billion pre-payment from Ukraine for June gas deliveries on Tuesday, saying the neighboring country had only half its requirements in storage to ensure a trouble-free winter. Citing a preliminary bill, Moscow pressed ahead with its demand that Ukraine pay for June deliveries early next month, heightening a dispute over […]
The book is at the printer’s and approved the final proofs this morning. Also as if this moment there are exactly 72 copies yet to be claimed, so please place your order if you haven’t done so already. This week we showcase an article by Jason Heppenstall, a travel writer. He wrote about his experiences […]
Population – its all about the people… Population density The map above show the global population density. The darker or more concentrated the red colour the more people who live in one square mile.While India and China’s economies are in full bloom, in terms of population density both places are seeing red. As it stands, […]
The next time your throat is as dry as a bone and the Sun is beating down, take a glass of clean, cool water. Savour it. Sip by sip. Vital and appreciated as that water is, it will be even more precious to those who will follow you. By the end of this century, billions […]
Last Tuesday, G7 energy ministers wrapped up a special meeting in Rome discussing how Europe, which relies on Russia for about one third of its natural gas supplies, could replace Russian natural gas. DW (Deutsche Welle) reports that the meeting of ministers from the US, UK, Germany, Canada, Italy, France, and Japan is “part of […]
Everyone has to eat in order to survive and the production of almost all food can be traced back to farmland around the world in some way. Demand is growing for farmland as the world’s population and global needs for food increase. What many don’t realize is that the supply of farmland is not changing, […]
This week: 1. Worldwide May Day actions 2. Jeremy Hammond‘s May Day message 3. Against Me! Baby I’m and Anarchist Medley 4. ABC’s of prisoner support -> Anarchist Black Cross Federation -> EcoPrisoners -> Anarchist Prisoners Download HD (550mb) • Download SD (101mb) • Download OGG (58mb) • Download MP3 (14mb) • Torrent • Vimeo […]
Westport Innovations CEO David Demers discusses the U.S. natural gas industry and fracking on Bloomberg Television’s “In The Loo Bloomberg
Several colleagues in Ashland had become increasingly annoyed by the latest developments at FTW. They felt that writing the Burning Bridge article was in itself an act of burning the bridge home; if Mike came back, particularly so soon, FTW’s credibility would be trashed. Now that he’d relinquished his role as CEO, Mike could best serve the website, they maintained, by acting as […]
In order to break the addiction to oil, economies dependent on oil will need to invest huge amounts of money and energy in building new social and economic infrastructures that are not so heavily dependent on oil (e.g. efficient public transport systems to incentivise people to drive less, organic food systems, renewable energy systems, etc.). […]
SUMMARY Author Richard Heinberg on geopolitics, finance, and environment of the slow crash. Global Crossing and Green Festivals President Kevin Danaher on transition to green economy. Unicyclist for climate Joseph Boutelier. Radio Ecoshock 140507 1 hour. Welcome to Radio Ecoshock. I’m Alex and in this program we’ll visit with Kevin Danaher, a founder of Global […]
I recently wrote to David Black, newspaper owner/manager, in response to his support for the oil/gas pipelines and refinement industry. After watching the ‘Gasland 2′ documentary on Youtube, even he had to admit the toxicification of our aquifers by fracking for natural gas is, quote, “Alarming”. I recommend taking the time to view ‘Gasland 2′ […]
There are some ominous signs that we are beginning to reach a point where it is less economic to look for and develop new supplies of oil, as costs rise, return on investment becomes less certain, and alternate opportunities exist for the funds that promise a better return with a lower initial investment. The problem, […]
Even as big U.S. oil companies call for an end to a 1970s-era law banning exports of crude, they are exploiting a loophole that last year enabled them to export record amounts of gasoline and other petroleum products. The loophole allows oil companies to export products that they refine from crude oil, though not the […]
Russian Deputy Energy Minister Anatoly Yanovsky said on Monday a long-awaited deal for natural gas producer Gazprom (GAZP.MM) to supply China with gas was close to completion. “We hope that the negotiations will be completed as scheduled,” Yanovsky told reporters, a little more than a week before President Vladimir Putin visits China. “The contract is, […]
In his new book Groundswell: The Case for Fracking, Sun News Network’s Ezra Levant explores the promise of natural gas that fracking has made possible and the controversy that is preventing the exploitation of this resource around the world and here in Canada. In this excerpt, Levant looks at the situation in New Brunswick where […]
An article published on the website of the Los Angeles Times on Saturday says that a possible disagreement over the number of centrifuge machines that Iran would be allowed to keep operational under a final nuclear deal may prove a major obstacle in the process of talks between Tehran and the major powers aimed at […]
The US economy is a house of cards. Every aspect of it is fraudulent, and the illusion of recovery is created with fraudulent statistics. American capitalism itself is an illusion. All financial markets are rigged. Massive liquidity poured into financial markets by the Federal Reserve’s Quantitative Easing inflates stock and bond prices and drives interest […]
They don’t come any smarter than Rep. Roscoe Bartlett, a former Member of Congress from Maryland. With a Ph.D. in Physiology, Dr. Bartlett had a number of high tech patents that had made him a very wealthy man. He was also a successful farmer, professor, and real estate developer. As his Legislative Director, I quickly […]
JHK’s conversation with KMO of the C-Realm Podcast. KMO, who goes by that tag for his public persona, is one of the best interviewers in the podcast world. I’ve been listening to him for years, and have been on his podcast more than once, so it’s a treat to have him on mine. KMO is […]
During the historical development of waterjets there was not a lot of change from the time of the Ancient Greeks, who found water flow being used to uncover and move minerals such as gold, and the Northern British miners of the 1800’s who were still using this tool in a form known as “hushing” as […]
Crews from Union Pacific Railroad worked to clear a six-car oil train derailment that leaked some crude into a ditch Friday in northern Colorado. State and local emergency officials determined that one car of the 100-car train was leaking after the 8 a.m. derailment near LaSalle, about 45 miles north of Denver. The cause of […]
Meet Nate Hagens A good friend of mine said something to me the other day that I thought was profound. Nate Hagens is a former editor for The Oil Drum, and has written and lectured extensively on the risks of resource depletion. Nate holds a Master’s Degree in Finance from the University of Chicago and […]
This worries me. Is talking about these issues a potential market tactic? There are global leaders that could seize the Peak Oil issue and use it simply to create some chaos and impart economic harm on the west. Those with oil reserves would be further motived as it could increase the price of oil as […]
Summary Oil majors face serious challenges, for decades, resource nationalization has kept them out of many of the cheapest fields. They’re struggling to replace existing reserves and production with new reserves and production. Climate change could present them with a staggering $28 trillion bill. They are amongst the biggest and most profitable companies in the […]
The most lasting change in the U.S. energy landscape may not be that we’re producing more oil — but that we’re using less. Demand for oil has fallen in recent years, as Americans drive less and buy more fuel-efficient cars. Daily consumption is down nearly 2 million barrels since 2005, a 9 percent decline. The […]
[The] increased oil expenditure is drawing money away from the rest of the economy. Overall, were it not for the price increase [from the historical average of $25.00 per barrel], the US would have an extra $1.5 billion per day to spend in the broader economy, or $543 billion per year. Instead, all that money […]
America’s Bureau of Labor Statistics reports inflation in the US running at 1.5 percent. This is dangerous nonsense. The 1.5 percent number depends on a misrepresentation of a key component: food. And it is this statistical hocus-pocus that is at the heart of wealth and income gaps (and revolutionary tendencies) in the US and around […]
Experts on Capitol Hill Thursday warned that an electromagnetic pulse (EMP) attack aimed at the nation’s electrical grid could leave the majority of Americans dead. The hearing, “Electromagnetic Pulse (EMP): Threat to Critical Infrastructure,” before the House Homeland Security Committee’s Subcommittee on Cybersecurity, Infrastructure Protection, and Security Technologies explored the effects an EMP would have. […]
Preface: We believe that Soviet communism was an abomination. Stalin was certainly a tyrant: he killed countless political enemies or threw them into insane asylums. We also have littler tolerance foruseful idiots who defend communism as a force for good. In short, we hate Soviet era communism. And Putin also runs Russia like it’s plaything, […]
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