Egypt Plans to Build Channel Parallel to Suez Canal

Egypt plans to dig a new channel parallel to the Suez Canal in an $8.4 billion venture to boost capacity at the vital global waterway, marking a new era of regeneration after the 2011 revolution. Construction of the new passage is scheduled to take three years, though President Abdel-Fattah El-Sisi has ordered it to be […]

CFR: The Bigger Oil Story Behind the Headlines

While we fixate on sexy headlines about Chinese military threats in the South China Sea, for instance, or Washington ‘lifting the ban’ on crude oil exports, we miss the bigger stories—and we miss the reality. China’s relentless resource quest has the greatest impact on trading prices, which may not make for headline news, but is […]

David Stockman: The Collapse of the American Imperium

im·pe·ri·um noun 1. command; supreme power. 2. area of dominion; sphere of control or monopoly; empire. 3. a nation having or exerting supreme power; superpower. David Stockman, former director of the OMB under President Reagan, former US Representative, best-selling author of The Great Deformation, and veteran financier is an insider’s insider. Few people understand the ways in which Washington DC, The Fed, and Wall Street work and intersect better than he does. He’s extremely concerned […]

Natural Fracking: How Long Did It Take?

Hydraulic fracturing is in the news because more natural gas has meant substantially fewer carbon emissions – and it has also been implicated in a variety of environmental issues. Man is doing what nature has always done, albeit on a different time scale. A new GSA BULLETIN study  examines how long it takes natural Earth processes […]

Why Does The U.S. Government Have An ‘Office Of Population Affairs’?

Did you know that the federal government has an “Office of Population Affairs”?  I didn’t realize this either until someone sent me a link to their website.  The Office of Population Affairs operates under the umbrella of the Department of Health & Human Services, and it might as well be called “The Office of Population Control” […]

Big Oil Companies Pay A 11.7 Percent Tax Rate

Big oil companies pay 23.3 percentage points less in tax than the rate typically imposed on corporations, according to a new report. The report, published by Taxpayers for Common Sense, found the U.S.’s 20 largest oil and gas companies paid 11.7 percent in taxes from 2009 to 2013. That’s significantly less than the statutory corporate […]

Energy & The Financial System Presentation

The financial system as an accelerator and multiplier of the economic and social impacts of energy depletion. Presentation to Energy Systems Conference (June 2014)

Robert Rapier: King Coal Deposed in West, but Reigns in East

This is the 3rd installment in a series that examines data from the recently released Statistical Review of World Energy 2014. The previous posts – World Sets New Oil Production and Consumption Records and The US and Russia are Gas Giants – delved into world oil and natural gas production and consumption figures. Today’s post looks at the […]

Energy politics can be tough on Massachusetts politicians

Practicing politics in Massachusetts must be like steering a ship toward a safe harbor while running away from a hurricane. Certainly Massachusetts Governor Deval Patrick, who is being battered by environmentalists, must feel that way. On July 31, three members of the state Global Warming Solutions Act Implementation Advisory Committee resigned and criticized the administration’s […]

Bakken Shale Gas Flaring Highlights Global Problem

High rates of natural gas flaring in the Bakken shale formation are symptomatic of infrastructure limitations that prevent this gas from reaching a market. Although various technical options could reduce flaring from high-output well sites, none matches the benefits of developing large-scale outlets for the gas. The Wall St. Journal recently reported on the high […]

The Slide To Collapse Is Greased With Self-Interest

Self-interest is intrinsically self-liquidating on a systemic level. One enduring if rarely stated principle of Neoliberal Democracy is that the single-minded pursuit of self-interest magically produces an equilibrium which serves everyone’s interests well enough to avoid the destabilization of rebellion or systemic collapse. Let’s start by defining Neoliberal Democracy: neoliberalism sees markets as the only efficient, […]

Shale gas: ‘The dotcom bubble of our times’

Comment: output from shale wells declines so quickly that they will never be profitable – when investors realise this, the industry will collapse, writes Tim Morgan Public opinion has been divided very starkly indeed by the government’s invitation to energy companies to apply for licences to develop shale gas across a broad swathe of the […]

Peak Oil and the Infinite Growth Monetary Paradigm Conference in NYC

Originally Published on Jun 3, 2014 John Jay College of Criminal Justice, The City University of New York – Sunday, June 1, 2014

Money Creation – “So Simple The Mind Is Repelled”

As John Kenneth Galbraith famously stated, “The process by which money is created is so simple the mind is repelled.” As Peak Prosperity’s Chris Martenson explains (as part of his excellent Crash Course), essentially, money is lent into existence though fractional reserve banking. The dollars you deposit at the bank? They turn into nearly 10x […]

Urgency and the long Game

While I was walking my dog this morning under the sparkly blue skies I’ve grown used to, I detected a slight shift in the angle of the light, reminding me that the earth rotates on its axis and it’s heading back around the sun. This summer has been a bounty of sub-tropical and Mediterranean weather, […]

Angst… that the Energiewende will work

Energy Transition has a look at the German “Energy Transition” to renewable energy and some of the misconceptions spread about it by its critics – Angst… that the Energiewende will work. Unlike the Swedes and Italians, the Germans knew how to replace nuclear back in 2002 – and they have even replaced all of the […]

Palestinian Conflict; The Natural Gas Twist

The International media today is extremely busy in trying to depict the assault on Ghaza as a war that is justified and rightful. With over 500 unarmed civilian casualties incurred in just a few days, and that too, of mostly women and children; this is not a war, it’s not a conflict; its systematic genocide […]

Why China Wants Control Of The South China Sea

A stunning $5.3 trillion in goods cross South China Sea every year, and as we previously explained, 190 trillion cubic feet of gas reserves sit below the ocean floor – enough to replace China’s natural gas imports for over a century – so it is hardly surprising that the world’s largest importer of oil wants […]

Sanctions Target Russian Oil, But Will That Persuade Putin?

Both the United States and Europe announced this week against Russia for its role in the conflict in Ukraine. Among other things, Western companies will no longer be able to sell Russia new technologies to develop its oil fields. The move comes at a time when oil exports have become more important than ever for […]

Matt Simmons – What Peak Oil Is & What It Is Not

Matt Simmons – What Peak Oil Is & What It Is Not

The Amazing Story of America’s Coming Energy Independence

Dependence on foreign oil has long been an economic and political concern for the U.S., but over the past decade, the country has quickly reduced that reliance as domestic drilling exploded and consumers began using less fuel. By late next year, the U.S. will begin exporting a significant amount of natural gas, something it has imported […]

Islamic State captures Iraqi oil field, defeating Kurds

Islamic State Sunni insurgents have captured the northern Iraqi town of Zumar and a nearby oil field in their first major defeat of Kurdish fighters, witnesses said on Sunday. The al-Qaeda offshoot, which swept through northern Iraq in June almost unopposed by the U.S.-trained army, poses the biggest challenge to the stability of Iraq since […]

China Halts U.S. Grain Imports Due to GMO Concerns

Of 613,678 tons that were reported at Chinese customs in April, 600,000 tons tested positive as GMO China has somewhat of a history when it comes to refusing GMOs from the United States. Now, due to fears that genetically modified grains will find their way in, China recently put the brakes on some U.S. grain […]

Internationalists Are Pushing The World Towards Globally Engineered Economic Warfare

Over a year ago I published an essay entitled ‘The Linchpin Lie: How Global Collapse Will Be Sold To The Masses’. This essay addressed efforts by the ever malicious Rand Corporation to create a false narrative surrounding the possibility of global collapse. Linchpin Theory, as it was named by it’s originator and Rand Corp. employee, […]

BP Oil Spill: Deepwater Horizon Toxins Consumed By Ocean Bacteria

Since the BP (NYSE:BP) Deepwater Horizon offshore oil rig spilled 201 million gallons of oil into the Gulf of Mexico four years ago, BP has spent more than $14 billion cleaning up the mess. But the whole time, a few microscopic ocean residents have been playing their part, too. Florida State University researchers have found that […]

Sanctions will thwart Rosneft’s ambitions to join the ranks of oil’s superpowers

THE close bond between Igor Sechin, Rosneft’s boss, and Vladimir Putin, Russia’s president, can work both ways. His seat in Mr Putin’s inner circle brings rebuke. Mr Sechin is on an American blacklist, and Rosneft is barred from seeking longer-term finance from American banks, over Russia’s behaviour in Ukraine. But it brings rewards too. This […]

Has the Gulf of Mexico Hit Peak Oil?

There are enough articles on the “myth of peak oil” floating around the Internet to fill a boo. There are enough books on the subject to fill a small library. One of the common threads throughout these publications is their lack of credible sources, because not only is peak oil real, but we’re rapidly approaching […]

Mike Ruppert’s Story Part 72: The Beginning

I first met Mike at a symposium to observe the third anniversary of September 11.  I’d been invited to speak on the environmental disaster that had ensued from the collapse of the buildings and which I’d come to know intimately because at the time, my son had been a student at Stuyvesant High School, located four […]

Battery Life ‘Holy Grail’ Discovered

It comes top of almost all ‘most wanted’ polls, but manufacturers rarely listen. Battery life has become the great unloved element of the modern smartphone and it has built an entire industry of spares, charge cases, mini power cables and much more as a consequence. But that could all change after scientists announced they have […]

Gaza Crisis: Isis Pledge to Join the Palestinian Fight Against ‘Barbaric Jews’

The Islamic State of Iraq and the Levant (Isis) has told the Palestinian people that it is “only a matter of time” before they reach Palestine to join the fight against “barbaric Jews”. The Islamic militant group, who last month announced a “Caliphate” straddling the Iraqi-Syrian border and renamed themselves the Islamic State, released the […]

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