In this broadcast, we examine the fascistic, genocidal underbelly of the Peak Oil doctrine—one which asserts that the world is running out of oil and that drastic measures must be taken as a result. The Peak Oil phenomenon is discussed in FTR#’s 478, 506. A paper written and published by leading figures in the Peak […]
The future of nations is not written in the stars but in their demographics. In particular, a futurist can study national fertility rates, urbanisation trends and the age structure of population groups to get a picture of a country’s long-term future. Remarkable polymath Benjamin Franklin was one of the founding fathers of America and, back […]
As solar and wind power grow, another renewable energy source with vast potential — the power of tides and waves — continues to lag far behind. But progress is now being made as governments and the private sector step up efforts to bring marine energy into the mainstream. In the Pentland Firth, a strait that […]
International Thermonuclear Experimental Reactor (ITER), is a massive fusion reactor being built by 35 countries in southern France. Much like CERN, in that it is falling under the “order” of global rule and accomplishment, it is not just one country that will be taking the credit for any discoveries in nuclear fusion. The size and […]
Since the Second World War, one of the realities of the upstream oil and gas industry is that it often has to operate in dangerous parts of the world. Being a precious commodity that much of the modern world relies upon in order to function, access to oil itself is a driver of political turmoil, […]
… appealing to people to restrain themselves [by] self-enforced abstinence alone is a waste of time. By and large, we consume as much as our incomes allow…. changes… cannot take place without constraints that apply to everyone rather than everyone else. Manmade global warming cannot be restrained unless we persuade the government to force us […]
The idea that we’ll soon run out of fossil fuel is both popular and frightening. But is it accurate? Orion editor Andrew Blechman speaks with Charles C. Mann, who argues that the premise of “peak oil” is not only false, but a dangerous distraction from a much bigger problem: climate change. Mann’s essay on the topic, “Peak […]
The resilience of U.S. shale producers has surpassed all expectations as they have wrung extra efficiencies out of their operations and pulled rigs back to the most prolific sections of existing plays. The shale sector’s ability to cut costs and sustain their output in the face of plunging prices has been extraordinary and testament to […]
Summary A macroeconomic view on the future of Big Oil in my lifetime. Declining reserves of economically viable oil create a pessimistic view for Big Oil companies. Political initiatives to cut reliance on oil for energy security. ‘Big Oil’ is described as the Supermajors of the oil companies that operate around the world. This list […]
If one were to turn on the television right now, the mainstream media would be painting the picture of an economy that is in a recovery and a U.S. dollar that is strong as ever. Yet there is a strong contingency of people on the Internet declaring the U.S. dollar is heading for a major collapse […]
The United States is in decline. While not all major shocks to the system will be devastating, when the right one comes along, the outcome may be dramatic. Not all explosives are the same. We all know you have to be careful with dynamite. Best to handle it gently and not smoke while you’re around […]
Thibaut Lepouttre is a highly educated and well respected economist from Belgium. But unlike many of his counterparts who often toe the line of mainstream politicians and financial pundits, he’s not one to sugarcoat the seriousness of the current global economic, financial and monetary environment. According to Lepouttre, while the Federal Reserve has worked feverishly to […]
While increasing cries from the West demand an end to all association with Saudi Arabia, the U.K. government described lucrative public contracts with the notorious human rights abuser as a “priority market.” Government departments have been actively — even aggressively — steering U.K. businesses into bidding for contracts with the Saudis in the health, justice, […]
Interview with Spanish website FUHEM Ecosocial “This economic system cannot be sustained, and the longer we cling to it, the worse and fewer our options will be as it fails.” FUHEM Ecosocial: Oil and gas extracted by fracking from slightly porous rocks, such as schist, are part of the so-called “unconventional oils”. What does this […]
Almost half a century ago, in 1968, Aurelio Peccei convened for the first time the group that was later to be known as the “Club of Rome”. The aim of the group was not what the Club was to become known for, “The Limits to Growth”. At that time, the concept of limits was vague […]
In late summer 2015, commercial oil reserves of Saudi Arabia reached 326.6 million barrels, thus setting a new record for the world’s largest oil supplier since 2002. Thus, the level of oil reserves in July amounted to 320.2 million barrels, while oil exports fell from 7.28 million barrels per day in July to 7 million […]
The legacy mainstream media has a collective brain like dog’s — it exists in an eternal present, so that whatever’s happening right now is all there is. Thus, Hillary’s performance in the first Democratic debate, being as bad but not worse than her competitors’, means she has a lock on the nomination for president. The […]
The fall in oil prices heralds a momentous shift in world energy markets from the BRIC era of emerging markets (Brazil, Russia, India and China) to the Shale Era. An oil tanker sits anchored off the Fos-Lavera oil hub near Marseille, France, Oct. 15. © Reuters Yet there are two continuing puzzles about the price […]
“This is what democracy looks like” goes the popular protest chant. However, it’s not democracy that captures the imagination, provides answers, and drives today’s resistance movement. Something much more interesting has been taking place during protests, forums and intentional communities. In his book The New Left the anthropologist David Graeber states that anarchy has become […]
The latest IMF Article IV consultation report on Saudi Arabia was published on 9 September 2015. http://www.imf.org/external/country/sau/ Extract: Government spending has increased substantially in recent years. Consequently, the breakeven oil price rose to $106 a barrel in 2014 from $69 a barrel in 2010. As a result, with the large decline in oil prices, the […]
“To address the risk of catastrophic wildfire and improve air quality, the District has teamed with other public and private stakeholders to … sequester carbon from biomass waste in a highly stable biochar, and produce renewable energy from the energy-rich byproduct syngas. “ It is no secret we live in house on fire. This December […]
We all know Goldilocks from the story of Goldilocks and the Three Bears in which the young maiden wanders into the home of the bears and samples some porridge that happens to be sitting on the dinner table. The first bowl is too hot, the second is too cold and the third is just right. […]
There is a war, a currency war, and the war is, ultimately, on us. In many respects, Americans have fallen far, and hard, from the liberty they once had. Rather than living under a sound currency, modern Americans live under an economic despotism. There are monopoly men who tightly control the money, and are all […]
The hunt for new stores of oil and gas has been dramatically curtailed amid a global crude slump, with exploration budgets at the largest oil companies expected to tumble 50 percent next year from their peak levels in 2013, according to a new analysis. Investment banking firm Tudor, Pickering, Holt & Co., which tracked exploration […]
The United States was set to issue conditional sanctions waivers for Iran on Sunday, though it cautioned they will not take effect until Tehran has curbed its nuclear program as required under a historic nuclear deal reached in Vienna on July 14. Several senior U.S. officials, who spoke to reporters on condition of anonymity, said […]
The only sign of trouble aboard a Norfolk Southern train, hauling roughly 9,000 tons of Canadian crude in western Pennsylvania last year, was a moderate sway in the locomotive as it entered a bend on the Kiskiminetas River. The first 66 cars had passed safely around the curve when the emergency brakes suddenly engaged, slamming […]
The idea of a carbon bubble — the scenario in which fossil fuel-related investments become “stranded assets” as the world moves away from fossil fuels — has been gaining mainstream credence in recent months. From coal communities seeking help to transition from fossil fuels to vastly improved renewables that are competing directly with carbon emitting […]
As Niels Bohr famously said: “predictions are difficult, especially about the future.” And they are doubly difficult if you are talking about the future of oil. The more uncertain the future, the more vehemently each side presents its case. For years a debate has raged about peak oil, the dreaded moment when we start running out of accessible […]
Fidgety oil companies and investors heaved a sigh of relief in August when Kenya and Uganda announced they had picked a route for the world’s longest heated pipeline. Finally, there was a plan for getting the estimated 1 billion barrels in Kenya’s remote northwest out of the country. The proposed route cut from northern Uganda’s […]
Citing low oil prices and lack of company interest, the Obama administration moved Friday to prevent oil and natural-gas drilling in the Arctic Ocean. The Interior Department announced Friday it was canceling a pair of offshore oil and natural-gas lease sales it had scheduled to hold next year and in 2017, and said it was […]
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