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News from September 2016

Apocalypse Tourism? Cruising the Melting Arctic Ocean

Apocalypse Tourism? Cruising the Melting Arctic Ocean thumbnail

On Aug. 16, the Crystal Serenity set out from Seward, Alaska, carrying 1,700 passengers and crew, and escorted by a comparatively minuscule, 1,800-ton icebreaker. She circled west and north around the Alaska Peninsula and through the Bering Strait before heading east into the maze of straits and sounds that constitute the Northwest Passage. For centuries, […]


Peak oil by any other name is still peak oil

Peak oil by any other name is still peak oil thumbnail

One of the most compelling charts I have ever seen is the “Growing Gap” chart that used to appear on the front page of every ASPO Newsletter. This is the one from the last ASPO Newsletter, written by Colin Campbell and published in April 2009. Since then, more than seven years have passed, and peak […]


Tribes Secure Limited Victory with Partial Halt on Dakota Pipeline

Tribes Secure Limited Victory with Partial Halt on Dakota Pipeline thumbnail

U.S. District Judge James Boasberg on Tuesday reportedly denied an emergency request for a restraining order filed by the Standing Rock Sioux, however, the hearing is being seen as a partial victory for the tribe. In a press conference, a representative for the tribe explained that an “agreement” was reached, however, under which the Dakota […]


China Aims For Superpower Status

China Aims For Superpower Status thumbnail

China mobilises for a big event like nowhere else. Hangzhou on the eve of the G20 is a certain kind of awesome. A city rebuilt. Filled with brand new security kit and locked down manhole covers, it has been emptied of a third of its population. The switch was flicked to off in factories for […]


Art Berman: Central Bankers Don’t Understand – The Economy Runs on Energy, Not Money

Art Berman: Central Bankers Don’t Understand – The Economy Runs on Energy, Not Money thumbnail

The following is a summary of our recent interview with Art Berman, which can be listened to in full on our site here or on iTunes here. There’s a lot of confusion when it comes to energy markets and the idea of peak oil, according to Art Berman, a well-known geological consultant, director of Labyrinth […]


Intermittent Renewables Can’t Favorably Transform Grid Electricity

Intermittent Renewables Can’t Favorably Transform Grid Electricity thumbnail

Many people are hoping for wind and solar PV to transform grid electricity in a favorable way. Is this really possible? Is it really feasible for intermittent renewables to generate a large share of grid electricity? The answer increasingly looks as if it is, “No, the costs are too great, and the return on investment […]


World Population Growth Is Speeding Up, Not Slowing Down; No Peak in Sight and Consequences Will Be Catastrophic

World Population Growth Is Speeding Up, Not Slowing Down; No Peak in Sight and Consequences Will Be Catastrophic thumbnail

Leon is an Advisory Board Member and Senior Writing Fellow with CAPS. A wildlife biologist, and environmental scientist and planner, Leon is the author of “Where Salmon Come to Die: An Autumn on Alaska’s Raincoast” and was a contributing writer to “Life on the Brink: Environmentalists Confront Overpopulation.” In a career that spans three decades, […]


Daniel Yergin Thinks The Worst Is Over

Daniel Yergin Thinks The Worst Is Over thumbnail

Summary Daniel Yergin thinks the worst is over for oil prices. Prices are too low to ensure enough supplies for the rest of the decade. September volatility ahead as headline risk coupled with bearish maintenance season plays out. IHS‘s Vice Chairman and author of best-sellers like ” The Prize“, Daniel Yergin, thinks the worst is […]


Half The Forms Of Life On Earth Will Be Gone By 2050

Half The Forms Of Life On Earth Will Be Gone By 2050 thumbnail

Humanity should start saving nature and switch to 80 percent renewables by 2030, otherwise the Earth will keep losing species, and within 33 years around 800,000 forms of life will be gone, conservation biologist Reese Halter told RT’s News with Ed. Humans have changed the Earth so much that some scientists think we have entered […]


Oil-Pipeline Protest Turns Violent in North Dakota

Oil-Pipeline Protest Turns Violent in North Dakota thumbnail

Tribal officials say burial and cultural sites destroyed by Dakota Access Pipeline construction crews ENLARGE Native American protesters and their supporters confront security guards during a demonstration against work being done for the Dakota Access Pipeline near Cannonball, N.D., on Saturday. Photo: Robyn Beck/Agence France-Presse/Getty Images Associated Press Sept. 3, 2016 11:53 p.m. ET 0 […]


Stable Oil Market Needs Russian, Saudi Cooperation

Stable Oil Market Needs Russian, Saudi Cooperation thumbnail

Russia’s Putin discusses oil with Saudi Deputy Crown Prince Countries to cooperate to stabilize global oil markets Global oil market stability is impossible without the cooperation of Russia and Saudi Arabia, the world’s biggest crude producers, the kingdom’s influential deputy crown prince said after speaking with Vladimir Putin ahead of an OPEC meeting later this month. […]


These Oil Wells in Iraq Have Been Burning For Months

These Oil Wells in Iraq Have Been Burning For Months thumbnail

  Image: NASA Earth Observatory images by Joshua Stevens, using Landsat data from the U.S. Geological Survey. A camera aboard the Landsat 8 satellite has been tracking the progress of oil fires in Iraq that have been burning since June. The dark plumes of smoke, which are wreaking havoc on local communities, are a stark […]


Saudi Arabia’s oil industry has an overlooked risk

Saudi Arabia’s oil industry has an overlooked risk thumbnail

Last week, a rocket originating from Yemen hit a power-relay facility in southern Saudi Arabia, the state-run Saudi Press Agency reported, as was cited by Bloomberg. Yemeni rebels said they hit Saudi Aramco facilities, but the kingdom’s state-run oil company announced that “all of its oil, gas, and refining plants were operating as normal” in the […]


Revolution Rising: Colossal Protests Rock Socialist Venezuela

Revolution Rising: Colossal Protests Rock Socialist Venezuela thumbnail

Anti-socialist protesters flooded Venezuela’s capital in one of the largest mass protests against President Nicolas Maduro’s rule in over a decade – and one of the largest protests in world history. Revolution Rising: Colossal Protests Rock Socialist Venezuela https://t.co/wUPWIZZBtW @DRUDGE #tcot #altright @mises pic.twitter.com/ALyNySnKEa — Kit Daniels (@KitDaniels1776) September 2, 2016 Chanting “this government will […]


Putin on the globalist destruction of the Middle East

Putin on the globalist destruction of the Middle East thumbnail

The Project for the New American Century (PNAC) was a neo-conservative think tank that operated between 1997 and 2006. It openly advocated for the total global military domination by the United States. PNAC members held the highest-level positions in the George W. Bush administration, including Robert Kagan (husband of Victoria Nuland) , Dick Cheney, Donald […]


This ‘Star in a Jar’ Could Produce a Nearly Unlimited Supply of Energy

This ‘Star in a Jar’ Could Produce a Nearly Unlimited Supply of Energy thumbnail

Fusion energy has long been heralded as the power-supply of the future, but the sad joke is, it always will be. The experimental energy source is perennially 30 years away from being viable on a mass-scale. Still, fusion energy could provide us with a low-cost, sustainable energy resource—if only physicists could figure out how to […]


The Flimsy Ladder to Solid Ground

The Flimsy Ladder to Solid Ground thumbnail

Ed. note: Part 1 of this article can be found on Resilience.org here. Having arrived on Earth and become subject to her laws, I find it very hard to communicate with my friends and neighbours. Though we stand together on the same soil, nevertheless, we are subjects of very different realms. Theirs is the vast, […]


Driving to the end of the Oil Age

Driving to the end of the Oil Age thumbnail

Falling demand — not an oil shortage — will create the energy industry’s next revolution, a futurist tells Grant Bradley. Oil consumption will peak within 15 years because of the penetration of electric vehicles, according to a futurist. The $8 trillion energy industry is about to be turned on its head, says a futurist and […]


Venezuela’s Oil Output Set To Collapse As 1 Million Take To The Streets

Venezuela’s Oil Output Set To Collapse As 1 Million Take To The Streets thumbnail

Hundreds of thousands of protesters took to the streets in Caracas on September 1, demanding the removal of Venezuelan President Nicolas Maduro. Estimates peg the number of protesters at about 1 million, clogging the capital’s streets amid the country’s worst economic crisis in its modern history. “We are going to defeat hunger, crime, inflation and […]


A Systems Approach To Production Optimization

A Systems Approach To Production Optimization thumbnail

In a low oil price environment, the industry is shifting its priorities from major capital projects to refocus on maximizing the value from operating existing conventional oil and gas assets. As a consequence of reservoir depletion, oil and gas production characteristics change during the life of a well or field. In most cases these changes […]


Our Oil Output Is Increasing, Says Putin

Our Oil Output Is Increasing, Says Putin thumbnail

Vladimir Putin said he’d like OPEC and Russia, producers of half of the world’s oil, to reach a deal to freeze supply and expects the dispute over Iran’s participation can be resolved. The Russian president sat down with Bloomberg News Editor-in-Chief John Micklethwait for an exclusive interview in Vladivostok, Russia, ahead of the annual G-20 […]


How The Synthetic Diamond Industry Is Revolutionizing The Geothermal Energy Market

How The Synthetic Diamond Industry Is Revolutionizing The Geothermal Energy Market thumbnail

According to a study published late last year by Transparency International, the synthetic diamond market is anticipated to reach $28.8 billion by 2023 – that’s a CAGR of nearly 7%. Unlike naturally occurring diamonds, synthetic diamonds are prepared by subjecting carbon to High Pressure High Temperature (HPHT) conditions or Chemical Vapor Deposition (CVD) processes that […]


Earth Church

Earth Church thumbnail

On a hot day in late June, about ten of us,[i] and some of our children, gathered at the water’s edge of Lake Michigan.  We had found a secluded spot, with a dry sandbar sheltered by willows reaching towards the water.  Although a windless day, it was still cooler this close to the lake, and […]


U.S. And Russia Emerging As Winners 2 Years Into The Oil War

U.S. And Russia Emerging As Winners 2 Years Into The Oil War thumbnail

Summary Each oil producers’ fortune differs depending on fundamentals. Demand is still extraordinarily high. Inventory remains very high, especially in the U.S. U.S. shale oil and to a lesser extent Russia are emerging as winners. “However beautiful the strategy, you should occasionally look at the results.” — Winston Churchill Everyone knows the story. Saudi Arabia […]


Iran granted exemptions to nuclear accord

Iran granted exemptions to nuclear accord thumbnail

The US and other members of the international community granted Iran exemptions to its requirements under the agreement that sought to curb its nuclear program, according to a new report by the Washington-based Institute for Science and International Security. The alleged granting of “secret” exemptions to Iran by the Joint Commission, the deal’s implementing body, […]


Japan Will Reactivate The Fukushima Nuclear Reactor

Japan Will Reactivate The Fukushima Nuclear Reactor thumbnail

Plans to restart the Fukushima nuclear plant in Japan got a major boost Wednesday after a local politician who vehemently opposed the plan declined to run for reelection. Japanese laws do not require utilities to obtain approval from local officials before reactivating power systems, but it is the expected practice. The shares of Tokyo Electric Power […]


Montreal’s Anti-Pipeline Resistance

Montreal’s Anti-Pipeline Resistance thumbnail

A week of Anti-Pipeline resistance kicked off with a disruption of the meetings of the National Energy Board which seeks to approve the Energy East Pipeline, a project that aims to transport oil from Alberta’s Tar Sands to the East Coast. The disruption successfully shut down the meetings indefinitely. This was followed up by a […]


Oil Prices Crash as Traders Brace for End of Peak Demand Season

Oil Prices Crash as Traders Brace for End of Peak Demand Season thumbnail

Oil prices crashed on Thursday, extending their losses from the prior session as a larger-than-expected increase in weekly oil inventories, and the approaching end of peak oil demand season had traders readjusting their positions, anticipating future losses. Oil futures declined 3% on Wednesday, to close at a three-week low, but the commodity managed to gain […]


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