Richard Heinberg’s New Book

by Richard Heinberg, Hal Ginsberg, originally published by Radio Monterey  | TODAY Download Richard Heinberg on his new book Afterburn: Society Beyond Fossil Fuels. In the interview Richard talks about how we are living in an era that might be called “the great burning”.

Iran, U.S. interpret nuclear deal differently

The recent breakthrough in the Iranian nuclear talks has raised hopes of a once-and-for-all solution for the 12-year-old standoff between Iran and the West. However, there is still a tough road ahead before a comprehensive final accord could be reached as Tehran and Washington seem to have different interpretations on some details outlined in the […]

The Oil Price War

In a stunning but little-known speech delivered in 2007, Gen. Wesley K. Clark claimed that America underwent a ‘policy coup’ at the time of the 9/11 attacks. He had documented the progress of that coup in a book titled Winning modern wars, Iraq, terrorism and the American Empire that Gen. Clark had published in 2003. […]

Supreme Leader Backing of Nuclear Deal

Iran’s military chief congratulated Supreme Leader Ayatollah Ali Khamenei for negotiators’ success in reaching a nuclear agreement with six world powers, in an open backing of President Hassan Rouhani’s government. In praising the outcome of the talks, General Hassan Firouzabadi highlighted rifts between Rouhani and critics who say negotiations don’t serve Iran’s national interest. While […]

California Drought Tests History of Endless Growth

For more than a century, California has been the state where people flocked for a better life — 164,000 square miles of mountains, farmland and coastline, shimmering with ambition and dreams, money and beauty. It was the cutting-edge symbol of possibility: Hollywood, Silicon Valley, aerospace, agriculture and vineyards. But now a punishing drought — and […]

Big Guns Still Betting On Oil Comeback In 2015

Surprisingly, the flow of crude oil is still accelerating, much like the money going into crude oil funds. Three of the largest crude oil funds include USO, OIL, and UCO. UCO is unique due to the fact that it’s an exchange-traded fund that uses leverage, mostly in the form of derivatives, to correspond to twice […]

How to live in a Transition Town

Philippa Young Although the term €˜Transition Town has stuck, what we are talking about are Transition suburbs, Transition islands, Transition valleys, Transition anywhere-you-find-people. (Transition Towns New Zealand Aotearoa) Decreasing oil supplies, climate change and the unpredictability of future food production have driven the idea of Transition Towns. HOW DID THE TRANSITION MOVEMENT START? The concept […]

The hidden reasons behind slow economic growth: Declining EROI, constrained net energy

It should seem obvious that it takes energy to get energy. And, when it takes more energy to get the energy we want, this usually spells higher prices since the energy inputs used cost more. Under such circumstances there is less energy left over for the rest of society to use, that is, for the […]

The Oil Price, Total Global Debt And Interest Rates

In several posts I have presented my exploration of any relations between total global debt, interest rates and the oil price. Sometimes I am left with the impression that when societies’ are looking for a scapegoat for its ills, their reactions bring forth memories from a scene of the movie “Casablanca”, where Captain Renault confronted […]

Saudis Raise Crude Oil Pricing to Asia on Signs of Demand Growth

Saudi Arabia, the world’s largest crude exporter, raised pricing for all May sales to Asia, after the country’s oil minister said global demand was improving. State-owned Saudi Arabian Oil Co. narrowed the discount for its Arab Light grade to Asia to the least since December, setting the crude at a discount of 60 cents a […]

Why we all should care about the oil platform explosion that just happened in Mexico

Early Wednesday morning the Pemex oil platform, Abkatun Alpha blew up off the West coast of the Yucatan peninsula. The explosion killed four people and sent 16 to the hospital. 300 people managed to escape the blazing wreckage. Three people are still missing. This image, one of several that were made available to Greenpeace by […]

Owners of Fukushima land are unknown

The central government has not been able to identify half of some 2,400 owners of land in Fukushima Prefecture where it plans to build storage facilities for contaminated soil from the nuclear crisis, sources said. The government intends to build the complex on around 16 sq. km of land in the towns of Okuma and […]

Safe, Responsible Arctic Drilling For Our Future

News that the Interior Department has reaffirmed Shell’s right to drill in the Chukchi Sea off the Alaskan coast is an important step toward to Arctic energy development. While the company still must secure individual drilling permits and overall federal approval of its exploration plan, this week’s action advances the larger objective of safe and […]

Sewchar Surfers

” Transforming sewage sludge into biochar can enhance soil fertility without simultaneously spreading dangerous pollutants.” –>   On a recent visit to the Caribbean we happened to ask our waiter, who, as it turned out, was the owner of the small outdoor restaurant where we sipped our coffee, what local hotels did with their sewage. We […]

Walmart and Other Corporate Giants Call for Clean Energy Choices

Leading national companies in North Carolina want more choice and competition when it comes to energy, including where it comes from and who they buy it from. That’s the message recently delivered to the North Carolina legislature in a letter signed by 10 corporate giants in the state. The list of companies calling for action […]

Americans Want More Solar, Wind, Natural Gas

Link See the full polling results from Gallup As part of their annual nationwide Environment Poll, Gallup asked respondents whether the United States should put more emphasis as it does now on producing domestic energy from each of the following sources: GALLUP Poll March 7-10, 2013 All Americans Republicans Independents Democrats Solar power 76 68 […]

ISIS ‘Only Few Kilometers’ From Assad

Islamic State has taken control of 90 percent of a Palestinian refugee camp on the Damascus outskirts where 18,000 civilians have suffered years of bombing, army siege and militia control, a monitoring group said on Saturday. The hardline group’s offensive in Yarmouk gives it a major presence in the capital. Islamic State, the most powerful […]

Russia to train rebels in Ukraine

Russia’s natural gas will continue to flow to Ukraine, following a new deal. The deal comes despite ongoing tensions between the two neighbors over the conflict in eastern Ukraine where Russian military trainers have arrived to support pro-Russian rebels. While a shaky ceasefire takes hold in more areas, news media report Russia is reducing its […]

Crude oil could hit $15

CNBC “Fast Money” panelist and financial expert Dennis Gartman has bad news for oil: It’s going to go “stunningly” lower. In an interview with CNBC.com’s “Futures Now,” the “Commodities King” said that a combination of a rapidly rising inventories and a strong dollar could lead to $15 oil by the end of the year. “For […]

Nigeria Is a Case Study in the Curse of Oil

Muhammadu Buhari won the Nigerian presidential election based on his promises to clean up one of the world’s most corrupt countries. Alas, similar hopes attended the rise of outgoing president Goodluck Jonathan, who initially fooled many of us watching Africa but wound up turning Nigeria into a case study in how not to manage an […]

Mapping Iran’s Nuclear Program And Oil Facilities

Iran Nuclear “Deal” Post-Mortem, with data courtesy of “The Geopolitics of Iran: Holding the Center of a Mountain Fortress” Mapping Iran’s Nuclear Program And Iran’s Oil Facilities After double overtime negotiations in Lausanne, Iran and six world powers have announced a framework deal that largely covers the key points of a nuclear agreement but that […]

Oil, gas violations largely unreported

A report from the Natural Resources Defense Council finds “it is virtually certain” oil and gas violations are never reported because of inadequate enforcement. NRDC published a report Thursday that says not all violations of oil and natural gas safeguards are detected. “It is virtually certain that some violations are never detected due to inadequate […]

ExxonMobil CEO Says Arctic Oil Is Needed to Meet Future Demand

The Arctic is the next great frontier for oil and gas — and one of the most environmentally fragile places on Earth. An Energy Department advisory council study adopted last week said the U.S. should start exploring for oil and gas in the Arctic soon in order to feed future demand, and that the industry […]

What Will The Death Of The Great Bakken Oil Field Look Like?

Very few Americans realize just how bad the domestic energy situation will become in the next several years.  While U.S. shale oil production has surged over the past five years giving Americans a false sense of energy security, the next five years will certainly destroy this myth once and for all. Unfortunately, there still seems […]

The case for an extraction tax

Governor Wolf has proposed a 5 percent extraction tax on Marcellus Shale gas. The new tax is projected to raise an additional $1 billion in revenue each year. Will this work in Pennsylvania? First, some background on U.S. natural gas sources and markets. Most of our country’s gas is consumed in the major population centers […]

How the Eastern Mediterranean Could Supply Natural Gas to Europe

As Europe is seeking sources of natural gas to serve as an alternative for the politically sensitive Gazprom supply, a massive gas source presents itself for exploration and production. Whether this will happen or not depends on Turkey, a potential transit country. The development of the Leviathan field offshore Israel and of the Aphrodite natural-gas […]

The Competitive Exclusion Principle

Evolution is all about a struggle for survival and reproduction. For predators it becomes an arms race. For hundreds of millions of years predatory animals have honed their offensive weapons while prey animals have evolved ever more effective defensive adaptations. Each animal, predator or prey, carved out their particular niche and occupied that niche until […]

California Farmers On Drought: ‘You’re Going To See Higher Prices’

Governor Jerry Brown’s mandatory statewide water restrictions, announced Wednesday amidst escalated effects of the state’s historic drought, mean big changes for the residents of California. As water continues to become more scarce and the state grows drier, Governor Brown’s goal is to reduce water usage by 25 percent. Instrument’s such as NASA’s Soil Moisture Active-Passive […]

It’s Time to Get Serious About Systemic Solutions to Systemic Problems

It’s getting harder and harder to be an optimist. A deep economic crisis has given way to a profoundly unequal recovery. Climate catastrophe is steadily unfolding across the globe. And the work of building a racially inclusive society appears to be stalled — indeed, in many areas, to be losing ground. All of this in […]

Iran Deal May Be Slow to Affect Oil Sector

The breakthrough in nuclear talks with Iran on Thursday has the potential to cause a seismic shift in global energy markets over the long term, but energy experts said any appreciable impact on an already glutted global oil market was highly doubtful for at least six months and probably more than a year. Since the […]

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