Saudis Halt to Yemen Operation Saying It Achieved Goals

The Saudi-led coalition intervening in Yemen’s civil war called a halt to its campaign of airstrikes, saying their goals were achieved and the focus will move to reviving talks on a political settlement. Operation Decisive Storm succeeded in eliminating threats to the kingdom and other countries in the region, by destroying heavy weapons and ballistic […]

California as Drought Has Water Tables Plunging

Near California’s Success Lake, more than 1,000 water wells have failed. Farmers are spending $750,000 to drill 1,800 feet down to keep fields from going fallow. Makeshift showers have sprouted near the church parking lot. “The conditions are like a third-world country,” said Andrew Lockman, a manager at the Office of Emergency Services in Tulare […]

Saudi Arabia’s Oil-Price War Is With Stupid Money

Saudi Arabia is not trying to crush U.S. shale plays. Its oil-price war is with the investment banks and the stupid money they directed to fund the plays. It is also with the zero-interest rate economic conditions that made this possible. Saudi Arabia intends to keep oil prices low for as long as possible. Its oil production increased to 10.3 […]

US warship heads to Yemeni waters; could block Iran weapons

In a stepped-up response to Iranian backing of Shiite rebels in Yemen, the Navy aircraft carrier USS Theodore Roosevelt is steaming toward the waters off Yemen to beef up security and join other American ships that are prepared to intercept any Iranian vessels carrying weapons to the Houthi rebels. The deployment comes after a U.N. […]

Farmer George — Growing Animals Like Grandpa Did

“Our animals live in the pasture – birds, pigs and cows. Everybody gets to roam free in fresh air and sunlight…not only are they getting the food at its best, but they’re also leaving behind the waste products that rejuvenate that grass and keep the system going.” Farmer George Vojkovich keeps a close eye on […]

Getting from Here to There

World Scientific Publishing Co., 2014 Business-as-usual is sure to deliver us a future that is both unsustainable and undesirable, with climate change arguably our most pressing problem. Had we begun to tackle it when first identified, incremental changes and modest actions along the way might have done it. With all the procrastinating, transformative change is […]

Sluggish Oil Demand Emerges As A Potent Factor In The Peak Oil Debate

Peak oil isn’t what it used to be. That’s not simply because the theory of global oil supply peaking has been postponed courtesy of the U.S. production rebound, it is also because a second meaning to the expression is making a return, and that’s peak demand. A fresh glimpse of demand for oil peaking came […]

49% now believe Muslims view United States as enemy

The number of voters who believe terrorists are winning the fight against the United States and its allies continues to grow, while views of Muslims in general and U.S. relations with the Islamic world have worsened. A new Rasmussen Reports national telephone survey finds that just 29% of Likely U.S. Voters believe the United States and […]

White, Wealthy, and Whiney: An Environmental Movement in Need of a Makeover

On the 45th Earth Day this week, environmentalists deserve a pat on the back — and an image overhaul. Now that I’ve gotten your attention with an over-the-top headline, understand that I don’t really buy it. Not completely, anyway. But millions of Americans do, and because of that, pushback against environmental initiatives is both strong […]

Peak Oil, Ten or So Years On

This blog began seven years and almost a thousand posts ago, and I thought it a good time to take stock. Since the blog itself was inspired by the “peak oil” movement, and since it’s been ten years, by some measures, since the peak, I wanted to assess the state of that community as well. […]

Oil Will Continue to Run the World

  While all the buzz surrounds oil prices, the global demand side remains on solid footing: up. Supplying 33% of all energy, oil is the world’s primary fuel. Oil is so important that global demand is ever-growing: 67 million b/d in 1990, 77 million b/d in 2000, and 91 million b/d in 2014. I’ll never […]

Oil Rigs’ Biggest Risk: Human Error

In a third-floor room of an office building here, a cluster of equipment mounted with dials, wheels and screens mimics the controls of a deep-water oil rig so workers can practice reacting to dangerous situations. BP PLC set up the drilling simulator at its campus two years ago and designed a program that not only […]

Saudi intervention in Yemen ‘a bad idea’

John McCain, the Republican chairman of the Senate Armed Services Committee, has accused the Obama administration of going soft on Iran’s regional ambitions in pursuit of what he sees as a bad nuclear agreement with Tehran, and has praised “our Arab partners” for intervening in Yemen. “The prospect of radical groups like Iranian-backed Houthi militants” […]

Oil Executives Circle Iran

International sanctions have yet to be lifted on Iran, but Western oil executives this past week showed an appetite for doing business there at a stately hotel a few blocks from the Danube River. A little-publicized conference, the South Caspian Region Petroleum & Energy 2015 Summit, drew energy executives from Houston and London to Vienna […]

Any notion that nuclear power is clean is obsolete

The world must phase out nuclear power because it is absolutely not clean from the mining processing of uranium to the generation of high-level radioactive waste, Kevin Kamps for the radioactive waste watchdog Beyond Nuclear, told RT. It’s been four years since the most powerful earthquake in Japan’s history struck the Fukushima nuclear power plant. […]

Iraqi forces retake most of Iraq’s largest refinery

Iraqi forces retook most of the country’s largest refinery from Islamic State on Saturday, officials said, reversing gains by the militants who seized parts of the sprawling complex in northern Iraq this week. A spokesman for the U.S.-led coalition fighting Islamic State said troops had recaptured all of Baiji refinery at 11:30 GMT (7.30 a.m. […]

The Global Clamor For Oil And Gas

Turkey’s Prime Minister Tayyip Erdogan, center meets with lawmakers from Azerbaijan, left row, in Ankara, Turkey, Oct. 14, 2009 to stabilize the south Caucasus with its vulnerable energy.  Turkey is quietly emerging as a global energy hegemon. LONDON — Russia and the United States’ hegemonic ambitions were laid bare in March 2014 over the highly […]

Slight Production Declines Hide Bigger Oil Storage Issues

Storage Builds Everyone this week focused on the slight production declines that this was a sign to go long oil, but what seemed to go under the radar was another build in both Cushing and the Gulf Coast storage hubs. Cushing added another 1.3 million barrels to weekly storage and stands at 61.5 million barrels. […]

Oil Firms, Nations Agree to End Gas Flaring

Twenty-five major oil companies, oil-producing nations and development institutions agreed Friday to end the practice of routine flaring of natural gas by 2030 at thousands of oil production sites around the world. Royal Dutch Shell, Statoil, Kuwait Oil Co., Russia, Norway and the Asian Development Bank are among those making the commitment, which was announced […]

Yemeni Crisis Deepens

US-orchestrated/Saudi-led terror-bombing continues murdering defenseless Yemeni men, women and children daily. Genocide is occurring in plain sight. Media scoundrels ignore what demands screaming headlines of condemnation. Obama bears full responsibility. Saudis and other involved despotic regimes share it. So do Western leaders supporting an atrocity they should make every effort to stop. The World Food […]

Is Saudi Arabia Setting The World Up For Major Oil Price Spike?

 In order to maintain a grip on market share by pushing U.S. shale producers out of the market, Saudi Arabia (and OPEC) is willing to use up its spare capacity. That could lead to a price spike. Saudi Arabia produced 10.3 million barrels per day in the month of March, a 658,000 barrel-per-day increase over […]

The Renewable Revolution

Don’t hold your breath, but future historians may look back on 2015 as the year that the renewable energy ascendancy began, the moment when the world started to move decisively away from its reliance on fossil fuels. Those fuels — oil, natural gas, and coal — will, of course, continue to dominate the energy landscape […]

Teaching Peak Oil to 6th Graders

Teaching Peak Oil to 6th Graders

Heinberg: The Great Burning

In this short video, Richard Heinberg explores why The Great Burning — the combustion of oil, coal, and natural gas — must come to an end during the next few decades. If the twentieth century was all about increasing our burn rate year after blazing year, the dominant trend of twenty-first century will be a […]

Emergency Shut Down Of West Coast Fisheries: “Populations Have Crashed 91 Percent”

Earlier this week Michael Snyder warned that the bottom of our food chain is going through a catastrophic collapse with sea creatures dying in absolutely massive numbers. The cause of the problem is a mystery to scientists who claim that they can’t pinpoint how or why it’s happening. What’s worse, the collapse of sea life […]

Saudi Arabia Oil Output Rises To Highest In 30 Years As US Output Levels Of

Saudi Arabian oil production has increased to its highest level in three decades, just as U.S. output is expected to drop from its 30-year high. Fearing a loss of global market share, the oil-rich kingdom has kept its crude oil spigots open despite a U.S. oil boom that’s contributed to a glut driving prices to about […]

Unconventional but normal

WHEN the oil price crashed last year, many assumed that the earliest casualties would be the small, nimble American companies that specialise in getting “unconventional” oil out of shale, tar-coated sand and the like. After all, with their high production costs and heavy debts, these firms were inherently more vulnerable to price shocks than big […]

Al Qaeda in Yemen Seizes Airport and Oil Terminal

  People took items from a government bank that was hit by an airstrike in Saada in northern Yemen on Thursday. Credit Reuters  DOWAAN, Yemen — Al Qaeda’s branch in Yemen took control of a major airport and an oil export terminal in the southern part of the country on Thursday. The gains were the […]

More Thoughts on the Current Oil Market

WTI surged to close at $56.01 a barrel on Wednesday, while Brent closed at $62.86 after the US crude oil inventories showed a ‘less-than-expected increase’. The latest weekly inventory (week ending April 10) from EIA showed an increase of 1.3 million barrels, much less than the 10.9 million barrels of build from the previous week. […]

John Michael Greer: The Retro Futureby

Is it just me, or has the United States taken yet another great leap forward into the surreal over the last few days? Glancing through the news, I find another round of articles babbling about how fracking has guaranteed America a gaudy future as a petroleum and natural gas exporter. Somehow none of these articles […]

« Previous Page — Next Page »

LATEST NEWS HEADLINES

• Why the IEA is Wrong About Peak Oil Demand
• Did we inadvertently speed global warming?  
• Venezuela’s Oil Monopoly Eases
• Why Germany is Choosing Natural Gas Over Nuclear Power
• U.S. coal-fired electricity generation decreased in 2022 and 2023

• America Cracks Down on Methane Emissions from Oil and Gas Facilities
• Meet America’s Newest Oil Trader Extraordinaire: Joe Biden
• Is It Time To Refill America’s Strategic Petroleum Reserve?
• Oil prices set to end year 10% lower as demand concerns snap winning streak
• What’s Driving America’s New Oil and Gas Boom?
• China’s peak oil demand bombshell eviscerates Danielle Smith’s energy strategy