For Better or For Worse

Author Richard Heinberg on new book “Our Renewable Future: Laying the Path for One Hundred Percent Clean Energy”. Plus plankton expert Dr. Michael Behrenfeld: is the foundation of ocean life in trouble? Radio Ecoshock 160629 Download or listen to this Radio Ecoshock show in Ecoshock 160629 Lo-Fi (14 MB) or Ecoshock 160629 CD Quality (56 […]

Energy Limits: Why We See Rising Wealth Disparity and Low Prices

Last week, I gave a fairly wide-ranging presentation at the 2016 Biophysical Economics Conference called Complexity: The Connection Between Fossil Fuel EROI, Human Energy EROI, and Debt (pdf). In this post, I discuss the portion of the talk that explains several key issues: Why we are right now seeing so many problems with respect to wealth […]

Oil or nothing

The United States has more oil than Saudi Arabia, says a new study by Norwegian consultancy Rystad Energy. The size of American reserves, at 264 billion barrels, is around a fifth higher than what is estimated to be located in the desert kingdom. That’s a surprise. But it’s also beside the point. Oil supremacy goes […]

Zero Growth Can be Dynamic

Growth is considered the foremost driver of prosperity. The growth rate of Gross Domestic Product (GDP) gives an immediate measure of how well a national economy is functioning. Such economic growth drives business expansion and job creation. The relatively low US growth rates in recent years have coincided with low labor force participation rates, a much more […]

US oil reserves larger than those of Saudi Arabia or Russia

The United States has overtaken industry giants Saudi Arabia and Russia in recoverable oil reserves, an international study released Monday says. The U.S. is sitting on 264 billion barrels, 8 billion barrels more than Russia and 52 billion more than Saudi Arabia, the dominant member of the Organization of Petroleum Exporting Countries (OPEC), according to […]

Climate, Energy, Economy: Pick Two

We used to have this saying that if someone asks you to do a job good, fast and cheap, you’d say: pick two. You can have it good and cheap, but then it won’t be fast, etc. As our New Zealand correspondent Dr. Nelson Lebo III explains below, when it comes to our societies we […]

Fossil Fuels Still Dominate U.S. Energy Consumption

Source: U.S. Energy Information Administration, Monthly Energy Review   Three fossil fuels—petroleum, natural gas, and coal—have provided more than 80% of total U.S. energy consumption for more than 100 years. In 2015, fossil fuels made up 81.5% of total U.S. energy consumption, the lowest fossil fuel share in the past century. In EIA’s Annual Energy […]

The money Jeremy Corbyn received from Iran demands an explanation

REUTERS/Toby Melville You can respect Jeremy Corbyn for being a man of principle. You can respect him for rebuilding the Labour party with a massive influx of new members who were previously unengaged with politics. And you can respect the fact that, daily, he has to deal with a hostile Conservative tabloid press that has […]

World’s Top Oil Trader Says Prices Won’t Rise Much Further

Oil prices won’t rise much further over the next year and a half as demand growth slows and refiners comfortably meet gasoline consumption, according to the world’s largest independent oil-trading house. “I cannot see the market really roaring ahead,” Vitol Group of Cos. Chief Executive Officer Ian Taylor told Bloomberg Television in an interview. “We […]

A Long List of Advances, a Short List of Setbacks – including Brexit

The list of main setbacks for the global energy transition in June includes a potentially big one: Brexit. But when you view that vote in the light of the month’s long list of main advances, and the other such long lists for January through May 2016, plus the three years before, dots join to tell […]

Demand Destruction and Peak Oil

We are fully under the influence of petroleum demand destruction. The global oil market can’t function without real oil production price discovery, which doesn’t exist in the currently deflationary global economy, which forces indebted producers to sell far below cost. Both supply and demand seem to cyclic in nature and we are not finished with […]

Population – What Explosion?

Many doomsday predictions are cited to express the urgency of the ‘problem’ of population growth. It is commonly held that reducing the population levels provides a partial solution to poverty, while some environmentalists consider the population problem as one of the most pressing ecological problems. The over-population argument is simple. Global population is 7 billion […]

Deadly Bombing Strikes Baghdad

As celebrations for the Muslim holy month of Ramadan stretched past midnight into Sunday in central Baghdad, where Iraqis had gathered to eat, shop and just be together, a minivan packed with explosives blew up and killed at least 143 people — the third mass slaughter across three countries in less than a week. The […]

Kunstler: Out Out, Damned Email!

The mighty Shakespeare in his direst night sweats could not have conjured up the Clinton family in all their sharp angles and dark corners, but we can try to reconstruct the scene last week on Loretta Lynch’s plane out on the Phoenix airport tarmac. Former president Bill steps aboard: Loretta:   What the fuck are you […]

The Carbonate Solution

Beyond the “brute force” approach that I wrote about last week, I want to cover three other ways to exploit the chemistries of common carbonate minerals for large scale carbon capture and storage. They are less direct, and each has its own issues, but all three are much more energy-efficient than brute force calcination of […]

Our Economic Freedom Isn’t Free

Our economic freedom is the foundation of all freedoms and there are forces in this country yet today who would deny it and enslave all of us if they could. Let’s celebrate our independence by thanking those who have sacrificed life, limb and the pursuit of happiness for it. Let’s thank our veterans who answered […]

The Scoop On Poop

The Dr. Pooper Papers, Issue #4: If you know of the name Dan Chiras, then you’ve probably heard it in reference to the multitude of books he’s written on alternative energy sources, alternative building methods, and more. But as important as his previous works have been, his latest book, on an alternative food source, is […]

Why The Collapse Of The U.S. Economic & Financial System Has Accelerated

By the SRSrocco Report, The collapse of the U.S. economic and financial system accelerated this year, thus pushing the country closer to a third-world status.  Most Americans are unaware of the dire consequences facing the nation, so they continue to believe business as usual will continue indefinitely. Unfortunately, lousy reporting by the Mainstream media along […]

50% of the population will not survive the next great ‘natural selection’ collapse event

(NaturalNews) Humankind has overreached to the point of suicide. Many of the systems that currently perpetuate modern life are entirely unsustainable and doomed to inevitable collapse. These systems include global debt and fraudulent finance, the mass poisoning of the food supply with agricultural chemicals, the destruction of ecosystems, deforestation, soils destruction, the usurpation of individual […]

The Great Brexit Clusterfuck: A Collapse Week in Review

    Discuss this article at the Geopolitic Table inside the Diner Collapse NOW and Beat the Rush!  There IS NO PLAN B! It is now the Monday After the Great Brexit Clusterfuck, and I am going to write this article across the rest of the week as events unfold.  So things may change along […]

Mega-Fracs Are The Reason The Depletion Of US Oil Production Has Muted During The World Glut

We have all heard about improved production per foot in current oil and gas unconventional wells.  This improvement has been going on for a very long time, and started with completion styles that break up rock better close to the well bore.  This is the reason we have seen a much slower decline in US […]

Huge Discovery For Hess, Exxon; $70 Billion At Current Prices

Later, 7:45 p.m. Central Time: this ExxonMobil – Guyana story is getting a lot of press. This may be quite a story: ExxonMobil and its partner Hess Corp. have announced that the major discovery off the coast of Guyana, is a discovery that is much larger than previously expected. The Liza field could turn out […]

When the Trucks Stop Running

Alice J. Friedemann is the author of “When Trucks Stop Running: Energy and the future of transportation.”  She is also the creator of the excellent website: http://energyskeptic.com/. Ms. Friedemann is perhaps best known for “Peak Soil,” edited by David Pimentel at Cornell, Tad Patzek at U.C. Berkeley, and Walter Youngquist (author of “Geodestinies”). She lives […]

Even in crisis, EU not a lead actor in world oil

The European Union’s crisis holds political and economic leaders transfixed, but for the oil market it merely underlines the region’s established role as only a secondary engine to global energy demand. Britain’s vote to leave the European Union and strikes that crippled France’s energy industry in May, elicited barely a lasting ripple on global energy […]

Why Oil Prices are Going Up, and Will Continue to Go Up

Oil prices are going up as oil supply and demand are approaching a more balanced situation, writes geophysicist Jilles van den Beukel. And they will continue to go up as supply is expected to fall below demand in the 2018-2020 period. The key factor in supply reduction is that cost cutting is leading to higher […]

Limits to Growth is on schedule. Collapse likely around 2020

Climate scientists and others have in the past few years issued a steady stream of analyses showing that without immediate remedial actions, a disastrous future is headed our way. But is it a four-decade-old study that will prove prescient? That study, issued in the 1972 book The Limits to Growth, forecast that industrial output would […]

Oil production in continental U.S. has fallen sharply since 2015 peak

Oil production in the nation’s lower 48 states has dropped by 800,000 barrels a day in the 12 months after it peaked, one of the biggest reasons why the world’s oil glut has eased. A dramatic surge in oil drilling and fracking across Texas and North Dakota pushed production outside of Alaska and the Gulf of […]

The Oil World’s Little Secret

Everything about oil is big: the money; the political stakes. Back in the day, even the hair on “Dallas” wasn’t small. But in one crucial respect, small has become more fashionable. This year, spending on developing oil and gas fields is forecast to be $462 billion worldwide, its lowest since 2009, according to Rystad Energy, an […]

The Emerging Democratized Economy

A coal miner in Appalachia, 1946. Photo by Russell Lee We’ve all heard of small towns whose economies have been devastated by the depression of a national industry that employs most of the townspeople. Appalachian coal mining towns are becoming the latest victim of this phenomenon due to the decreasing cost of renewable energy. These towns’ […]

Who are the Niger Delta Avengers?

IN THE early hours of June 16th a pipeline belonging to Nigeria’s state-owned oil company exploded. This was the latest in a string of attacks claimed by the Niger Delta Avengers, a new group taking out pipelines and oil platforms in the southern, oil-pumping part of the country. Since it started wreaking havoc in January […]

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