Next energy revolution will be on roads and railroads

From modest beginnings in the Barnett shale beneath the city of Fort Worth, unnoticed by most energy analysts, horizontal drilling and hydraulic fracturing spread across North America and transformed all aspects of the energy landscape in under 10 years. Now the most important question for energy analysts is what technology will revolutionize the system next. […]

Norway’s oil production up 8 percent

Oil production from Norway, one of Europe’s top producers, in July was 8 percent higher than the previous month, the government said Thursday. The National Petroleum Directorate, a government regulator, said preliminary production figures for July show an average daily production of 1.93 million barrels of oil, natural gas liquids and condensate, about 8 percent […]

It Is My Shale Gas and I Want It Now

The shale gas that lies beneath the surface of Upstate New York belongs to real people who need it now. It’s time they stood up for themselves! I recently read a comment on an online anti-drilling site that made me laugh out loud.  I have made and read many comments on many articles, but surely this one […]

Is Sub-$100 Oil the New Normal?

Even with conflicts sprouting up in the Middle East between Israel and Gaza, along with Northern Iraq, crude oil has managed to find itself well below the $100 per barrel mark. What happened to all those magazine covers that were plastered with fears of “peak oil” and oil crippling our economy at $200 a barrel? […]

Can Pemex Handle New Oil Reserves in Mexico?

“Foreign Affairs” Editor Gideon Rose and Bloomberg’s Olivia Sterns examine Mexico opening up energy reserves to big oil companies. They speak with Tom Keene and Adam Johnson on “Bloomberg Surveillance.”

The US Humanitarian Intervention in Iraq: The Oil and Water Angle

The success of stated limited U.S. humanitarian goals for the latest intervention in Iraq could hinge on more than the fate of minorities trapped on top of the Mount Sinjar. That is because the Islamic State in Iraq and Syria (ISIS) has taken control of critical water and oil infrastructure including the Mosul Dam.  Flooding […]

Peak mileage and the diminishing returns of technology

Peak mileage and the diminishing returns of technology This graph, from “economonitor,” is very interesting because it contains so much relevant information. (However, note one detail: the title of the graph, “Miles Driven” is somewhat misleading; it should be “mileage”, as the text of the post clearly says.) The relation of mileage to hourly wages […]

Ukraine destroys Russian military convoy

Ukraine said on Friday it had destroyed part of a Russian military convoy that entered onto its territory in an incursion that has sent cross-border tensions rocketing. NATO accused Russia of active involvement in the “destabilisation” of eastern Ukraine, where pro-Kremlin separatists have been fighting against Kiev for four months. The two countries have also […]

Billions in oil investments at risk from low crude prices

More than half a trillion dollars of investments in major oil projects over the next decade are at risk from high costs and low crude oil prices, an environmental think tank said on Friday, warning that shareholders’ returns could suffer. To meet anticipated future demand, oil majors including BP , Chevron, and Eni, are spending […]

Central America braces for drought-linked food crisis

Low rainfall linked to the El Nino weather phenomenon has led to drought in parts of Central America, causing widespread damage to crops, shortages and rising prices of food, and worsening hunger among the region’s poor. An unusually hot season and extended dry spells have brought drought to areas in eastern and western Guatemala and […]

The Ice-Wall Go-eth – Japan Scraps Fukushima Freezing Plan

On the heels of our previous aggregation of all things Fukushima, we were ‘shocked’ to see the flashing red headline tear across the Bloomberg exclaiming that “The Japanese government has decided to abandon the ‘frozen water wall’ solution to Fukushima’s meltdown.” When they unveiled this “Game of Thrones”-esque 1.4km long ice-wall a year ago, we […]

Children are children, not bundles of carbon producers

I guess it takes global warming hysteria to get the bioethics movement to criticize what is known in the trade as “artificial reproductive technologies” or ART. But now, in the ever more radical Journal of Medical Ethics, Cristina Richie, of Boston College’s Department of Theology, argues that these technologies should be regulated to limit the […]

Peak oil and energy policy—a critique

Abstract Energy policy has frequently been based upon assumptions about future oil prices. At the end of the 1970s it was assumed oil prices would continue to rise. Now a similar assumption pervades policy design. This article critiques the peak oil hypotheses which lie behind these forecasts and policy beliefs, and considers that, from a […]

Richard Heinberg on Peak Oil and Dan Geer on Internet Privacy and Securit

On Wednesday, Mexican President Enrique Pena Nieto signed a historic reform bill that will allow foreign companies to access oil and gas fields in the country. The reform is meant to make Mexico’s oil industry more competitive and drive economic growth in the world’s 15th largest economy. Erin takes a look. Then, Erin is joined […]

Can Walkable Urbanism Boost the Economy?

Has the United States finally reached peak sprawl? Recent research, including a new study out of the George Washington University School of Business, suggests that the end of the era of automobile-oriented suburban growth is upon us. In Foot Traffic Ahead: Ranking Walkable Urbanism in America’s Largest Metros [pdf], Christopher B. Leinberger and Patrick Lynch […]

Fukushima: We’ve Opened the Gates of Hell

Preface: we’ve written thousands of articles on Fukushima and radiation. But this post will spotlight recent articles from EneNews … with which we have no affiliation of any nature whatsoever. The American media hasn’t covered Fukushima for a long time. But that doesn’t mean there hasn’t been any news. It just means that the  U.S. and Japanese governments have worked hard to cover […]

The “sharing” economy and its impact on raw materials

What would happen if the American consumer, the most voracious buyer the world has ever seen, becomes more efficient at purchasing? That is the question that could shape our future economics as the sharing of goods and services continues to proliferate with the aid of smart phones and social media. Will ride sharing services like […]

IEA report implies US crude production may start to peak 2016

The Medium Term Oil Market Report of the International Energy Agency (IEA, Paris),  published in June 2014,  contains a graph which implies that US crude production will start to peak in 2016. Few took notice although the world is continuously occupied with oil and energy related conflicts and wars in Ukraine, Libya and Iraq. So […]

Utica Shale Exceeds 1000 Horizontal Wells Drilled

The Utica Shale continues to make headlines, with its third milestone moment coming last week when the Ohio Department of Natural Resources (ODNR) released data showing that more than 1,000 horizontal wells have been drilled in the formation. That rounds out a hallmark stretch that’s come over the last eight months. As of Aug. 9, […]

ITER Nuclear Fusion Could Be “The Way” to Solve World’s Energy Problems

Huge ITER Cryosat to Tap Energy Generation Of Stars The word “politician” is almost an obscenity these days, but looking back at an event involving Ronald Reagan, Mikhail Gorbachev and Jacques Chirac, we may be reminded politicians sometimes try to do good. In November 1985, these three large-than-life figures signed an agreement for a $12.8 […]

Peak Oil: Dismissing Concerns Won’t Make Them Disappear

So instead of a more self-reflexive populace that understands everyone — including oneself — is full of contradictions, and more importantly, that it’s entirely natural to have some analytical imperfections, we’ve become a society of self-denial, where a person’s opinions can be easily discredited unless they practice an impossibly monastic lifestyle. [1] If one is […]

Dark Age America: A Bitter Legacy

Civilizations normally leave a damaged environment behind them when they fall, and ours shows every sign of following that wearily familiar pattern. The nature and severity of the ecological damage a civilization leaves behind, though, depend on two factors, one obvious, the other less so. The obvious factor derives from the nature of the technologies […]

Busting the Bureau of Land Management’s Frackopoly

Even without looking at a photo album, I can picture in my mind’s eye a vacation photo from the gorgeous BLM-managed (Bureau of Land Management) land near Moab, Utah. That image of my family and friends on a bicycle trip in the red rock lands, perfectly faded by time, carefully preserved for posterity. Nowhere in […]

Putin Says The Petrodollar Must Die, “The Dollar Monopoly In Energy Trade Is Damaging Russia’s Economy”

On one hand, despite initial weakness following Europe’s triple-dip red alert, futures declined only to surge higher after some headline or another out of Russia was again spun to suggest imminent Ukraine de-escalation (something which Russia whose only interest is to keep crude prices high, has absolutely zero interest in), perpetuating a rumor which was […]

Robert Rapier: Why Natural Gas Prices Collapsed

Over the course of the next two columns, I plan to finish up the recent look at BP’s Statistical Review of World Energy 2014. The final two columns will focus on renewable energy, and carbon dioxide emissions. Today I want to provide an update on the natural gas picture, as prices declined sharply at the end […]

The Oil Market QE Premium Is Coming out of Price

The Fed Giveth & Taketh with Policy The Fed may pat themselves on the back for creating the ‘wealth effect’ in stocks, and hope like heck that some of this wealth trickled down and through the rest of the economy, but it is quite evident what the Fed giveth on one hand they taketh away […]

Oil prices hit nine-month low on IEA ‘glut’ warnings

Oil prices have fallen to a nine-month low as surging supply from Opec and the US floods the market and fresh demand wilts, leading to an “oil glut” in the Atlantic region despite the twin crises in Iraq and Russia. The International Energy Agency (IEA) cut its forecast for the rise in global consumption to […]

Can Europe Survive Without Russian Gas?

The western world has placed many sanctions on Russia and its economy. However, Russia holds major leverage over Europe; it has oil and Europe needs it (and may just do a ‘deal’).     Source: Visual Capitalist As Saxo Bank notes, Tensions rise in Eastern Europe, as the western world hits Russia with new sanctions. […]

The Long Descent – Peak Oil And Decline

Western Decline Paradigm Redux The current re-edited version of “The Long Descent” from New Society Publishers, by John Michael Greer was first published in 2008 when things looked mighty different for many things, including the economy. In 2008 oil briefly hit $147 per barrel in Nymex trading. Using the doctored US official CPI figures we […]

EIA Sees US 2014 Natgas Output Up 5.3% From 2013’s Record

The U.S. Energy Information Administration on Tuesday raised its estimate for U.S. natural gas production in 2014 to 5.3 percent over 2013’s record high levels. In its August Short-Term Energy Outlook (STEO), the EIA said it expects marketed natural gas production in 2014 to rise 3.71 billion cubic feet per day (bcfd) from 2013 to […]

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