They’re Lying to You About Peak Oil, and Making a Fortune in the Process

The end of oil as we know it … Oil has crashed.  But a short-term drop in the price of oil is nothing compared with the end of demand for oil as we know it.  The more extreme scenario is what Bernstein Research is now talking about. Energy analyst Neil Beveridge is out with a […]

Where Does The U.S. Get Its Oil?

Ever wondered where the United States imports its oil from? Howmuch.net came out with some infographics to show that from 2000 to 2015. What we would highlight here is the notable shift from the U.S. depending heavily on Middle East countries and Mexico, to depending more on America’s neighbor to the north, Canada. In 2000, […]

Declining Energy Prices Lower the Cost of Living

Source: U.S. Energy Information Administration, based on Bureau of Labor Statistics Since June 2014, decreases in crude oil and natural gas prices have reduced household energy costs. According to initial figures from the U.S. Bureau of Labor Statistics (BLS), the chained consumer price index for urban consumers (C-CPI-U) decreased by 1.2% from June 2014 to […]

If Something Is Going To Destroy Humanity

Global catastrophes—events that wipe out at least 10% of the world population—obviously don’t happen very often. But they have happened in the past; the plague in the 14th century, for example, killed as much as 17% of the global population. More recently, the Spanish flu in 1918 killed between 50 to 100 million people—not quite […]

Consumers Are Underestimating Just How Dependent We Are on Pesticides

The time may be upon us to get real about pesticides. While railing against the likes of Monsanto for using chemicals deemed “probably carcinogenic” may be tempting, it appears that many consumers do not practice, or at least fully understand, what they preach. A new report released by the European Crop Protection Association (ECPA) found […]

Water shortage to shrink global economy

Economies across the globe could shrink dramatically by mid-century as fresh water grows scarce due to climate change, the World Bank said in a report released on Tuesday. West Asian countries could be hardest hit, with its gross domestic product (GDP) growth slipping as much as 14% by 2050 unless measures are taken to reallocate […]

Despite Shale Glut, U.S. Imports More Foreign Oil

The U.S. is importing more foreign crude than it has in years, becoming one of the last ports of call for many oil-producing nations despite a glut of crude from domestic companies. Oil imports this year have surged 20% to about eight million barrels a day since early May 2015, when they approached a 20-year […]

How To Get Prepared For The Coming Earthquakes And Volcanic Eruptions

All over the world seismic activity is increasing.  In recent weeks we have seen a dramatic earthquake in Ecuador, more than 600 earthquakes have experts extremely alarmed about what is happening to Japan’s southern Island, and 37 volcanoes around the planet are erupting right now.  Most of the large earthquakes and volcanic eruptions that we have witnessed lately have […]

How Will We Feed the Megacities of the Future?

Urban farms may provide a delicious source of delicate salad greens, honey, and even the occasional eggs, but they’re a long way from feeding entire cities. As rural areas continue to house much of the world’s poor, the question of who feeds these dense, agriculture-scarce areas becomes even more important. Linking small or subsistence farmers […]

Peak Oil Could Hit In Just 14 Years, But It Might Not Be What You Think

For years, the “peak oil” theory made people think that the world would start running out of oil, and prices would increase exponentially. But a research firm that serves Wall Street has turned the whole idea on its head — it says “peak oil” is coming, but it’s not in any way what people thought […]

North Dakota Official Exalts Oil Boom “Is Coming Back With A Rush”

Great News!! As OilJobFinder.com reports, North Dakota’s top oil regulator sent out a message the other day to the leaders of Williston: Get Ready. “This is going to come back pretty hard and pretty rapidly,” Helms said told members of Williston’s Chamber of Commerce. “And we’ll be back running to stay ahead of it.” You […]

Time To Get Serious Pt 4

A fossil fuel-driven-and-made-possible life is all any of us have ever known. There are virtually no aspects of commerce, leisure, transportation, or consumption which do not depend in some part on inexpensive, readily-available and easily-produced fossil fuels. That is most certainly not going to change dramatically overnight, but the situation we’ll soon be facing simply […]

China’s Declining Oil Demand Not Hurting Oil Prices

China’s demand for oil is less than it used to be. A lot less, based on first quarter data. Don’t worry oil bulls, if Barclays is right this thing is going to $54 before the rally dies. Crude oil markets remain supported by the persistence of large supply outages that have tightened the physical markets […]

Australia to double ethanol production

ReNew Economy reports that a ethanol and cogeneration plant is to be built in Queensland that will almost double biofuel production in Australia – Huge, $800m bio-energy project in Queensland gets boost from ARENA grant. Global biofuel production is still increasing at a reasonable clip (in the the 5% to 10% per annum range – […]

The Saudis may know something about oil the rest of us don’t

Investors may be salivating for a piece of Saudi Aramco when the kingdom of Saudi Arabia sells a small chunk of its gigantic state-owned oil company, probably in 2017. But potential buyers ought to beware. “I think they’re hedging the uncertainty that their oil is going to be worth less,” Matthew Weatherly-White, founder of the […]

We’re More At Risk Of Death From Climate Change, Pandemic, Than A Car Crash

A new report has found that the average person is five times more likely to die in an “act of human extinction” than an act of human error. And while this may be good news for those with a fear of driving, for the rest of us the future looks grim. The media has hinted […]

Smashing the Fortress

This week, we take a look at the tens of thousands of migrants tapped in limbo in Europe, facing down the prospect of being deported back to the war zones they’ve just escaped. If you love what we do, consider supporting us! For the musical break, we’ve got The Haymarket Squares, with Let’s Start a […]

Peak Fracking, Perpetually Higher Oil Prices

Summary Peak Fracking occurred in June 2015 with production falling 672,000 barrels per day; by March 2017 decrease will exceed the 1973 Oil Embargo. Rig counts dropped from 1840 in December 2014 to 420 in April 2016. Fracking wells deplete quickly. Without 1840 active drilling rigs, fracking production will deplete quickly. Fracking companies are $200 […]

The Prospects for Political Stability in Iraq

Ghanem Nuseibeh, Cornerstone Global Associates founder, discusses the prospects for political stability in Iraq with Bloomberg’s Manus Cranny and Andrew Barden on “Bloomberg Markets Middle East.”

The Revolution will not be Market Gardenized

It was suggested to me recently that I might like to pen some thoughts on Jean-Martin Fortier’s book The Market Gardener1. And indeed I would. Here they are. At one level, I think the book is very, very good. It’s packed with useful information on how to establish and run a successful, small-scale, local, organic […]

Brexit: What could it mean for the North Sea’s oil?

In less than two months UK citizens will make one of their biggest political decisions in more than 40 years: whether to remain or leave the EU trading bloc they have been part of since 1973. While an exit from the EU could mark a major milestone for the UK economy — the government fears […]

Coal Demand Has Fallen in Nearly Every State Since 2007

Source: U.S. Energy Information Administration, Power Plant Operations Report Form EIA-923 Consumption of steam coal used for electricity generation in the U.S. electric power sector fell 29% from its peak of 1,045 million short tons (MMst) in 2007 to an estimated 739 MMst in 2015. Consumption fell in nearly every state, rising only in Nebraska […]

Kunstler: Send Out the Clowns

I n this decade of maximum peril, a prankish God delivers two maximally detested candidates to lead the faltering nation as events run ahead of all the convenient narratives. For instance: the idea that Republican “insiders” can block Trump’s path to the nomination. The insiders may be phantoms after all. For instance, the loathsome Koch […]

Europe’s Migration Crisis: No End In Sight

According to France’s Defense Minister, Jean-Yves Le Drian, 800,000 migrants are currently in Libyan territory waiting to cross the Mediterranean. The multitude of very costly social problems that Muslim migration into Europe has caused thus far, do not exist in this whitewashed European Union report, where the “research” indicates that migrants are always a boon. […]

Human Extinction Isn’t That Unlikely

Nuclear war. Climate change. Pandemics that kill tens of millions. These are the most viable threats to globally organized civilization. They’re the stuff of nightmares and blockbusters—but unlike sea monsters or zombie viruses, they’re real, part of the calculus that political leaders consider everyday. And according to a new report from the U.K.-based Global Challenges […]

The Coming Global Pension Crisis

The Aging of the World’s Population and Its Implications for Capital Flows Author Laura D’Andrea Tyson, Haruhiko Kuroda, Dr. Norbert Walter, Robert C. Pozen, Thomas W. Jones, Alice M. Rivlin, Marshall Carter, Olivia S. Mitchell, Russell J. Cheetham, Yves Guerard, Jan Svejnar, David Hale, Martin S. Feldstein, Robert D. Hormats Content Type Working Paper Institution […]

Why you can’t argue with a “modern”

The modern world is filled with things many of us regard as antiquated and old-fashioned. Modern people often say that ancient rituals are mere superstition, that science tells us what is real and what is not, and that we are now free from ideas including untestable ideas from religion that have slowed continual improvement in […]

How many people can the Earth actually hold?

Earth may only be a tiny blip on the map relative to the entire universe, but for our purposes, it’s pretty darn big. Of course, the vast majority of earth – about 70% – is comprised of water. Taking that into account, the actual area of land on earth is estimated to be around 150 million […]

Hillarism

“The Irish Water crisis, the slow collapse of public health and education, resurgent child poverty, the epidemic of loneliness, offshore tax-avoidance havens, the collapse of ecosystems, Occupy Hong Kong, Australian greedy banks, and the rise of Donald Trump link to a single bad gene in our political DNA.”  It is the political silly season, although […]

Taking The ‘Petro’ Out Of The Dollar

Saudi Arabia has been in the news recently for several interconnected reasons. Underlying it all is a spendthrift country that is rapidly becoming insolvent. While the House of Saud remains strongly resistant to change, a mixture of reality and power-play is likely to dominate domestic politics in the coming years, following the ascendency of King […]

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