Confounding Collapse

“As brilliant as your conceptual breakthrough may be, there is no escaping your cultural milieu.” The Paris Agreement calls for deep decarbonization by 2050 (net neutrality) and drawdown of all the legacy carbon thereafter, returning humans to the comfortable Holocene from which we evolved. A recent study by Energy Innovation Reform Project (a pro-nuclear, pro-coal […]

The New Oil Reality

The global oil market is so different today as compared to what it was three years ago that it’s borderline unrecognizable. These changes are being hammered out in a battle between petrostate producers on the one side pushing for a rebalancing of supply and demand by cutting their own output, and a group of upstarts on the other, led by […]

Kunstler: A Monster Eating the Nation

Is there any question now that the Deep State is preparing to expel President Donald Trump from the body politic like a necrotic organ? The Golden Golem of Greatness has floundered pretty badly on the job, it’s true, but his mighty adversaries in the highly politicized federal agencies want him to fail spectacularly, and fast, […]

The Unstoppable Destruction of Forests

The world’s forests are being degraded and lost at a staggering rate of 3.3 million hectares per year. While their steady destruction in many Asian countries continues apace, deforestation of the world’s largest tropical forest – the Amazon – increased 29 per cent from last year’s numbers. And some of the most precious ecosystems in […]

Oil to Jihad and 9/11: The Highs and Lows of U.S.-Saudi Ties

Trump in Saudi Arabia is latest chapter of 7-decade alliance Curtailing Iran likely high on agenda for president’s visit What to Expect When Trump Visits Saudi Arabia That Donald Trump chose Saudi Arabia for the first stop on his first overseas trip as president reflects a seven-decade alliance based on the premise of oil for […]

The End Of Oil Within 10 Years?

WOW for this week is regarding Oil “We are on the cusp of one of the fastest, deepest, most consequential disruptions of transportation in history.” So says Stanford University economist Tony Seba in a detailed report. The report paints a pretty grim picture for oil bulls, and an even grimmer one for one horse economies such as […]

Can CRISPR feed the world?

As the world’s population rises, scientists want to edit the genes of potatoes and wheat to help them fight plant diseases that cause famine. By 2040, there will be 9 billion people in the world. ‘That’s like adding another China onto today’s global population,’ said Professor Sophien Kamoun of the Sainsbury Laboratory in Norwich, UK. […]

Can Renewables Power the World?

  Is the net energy of renewables high enough to actually power human civilization? Or will replacing fossil fuels prove too difficult on an energetic basis? What is the state of the art in net energy analysis, and can biophysical economics yet prove to be policy relevant, and not just an arcane field of study […]

Will Exxon Mobil Buy BP?

Summary Exxon Mobil holds the best balance sheet; thus, is in a position to consolidate the industry. Big deals have happened when oil prices were low. BP is very cheap relative to the huge reserves the company owns. XOM could finance such an acquisition relatively easily via a 50% equity/50% cash deal. Regulatory headwinds and […]

Google, Amazon and Apple ‘set to enter’ energy supply business

Giant tech companies such as Google, Amazon and Apple, along with major car companies, are set to move into the energy supply business over the next decade due to a technological revolution that has already begun. That is the prediction of Dieter Helm, Professor of Energy Policy at University of Oxford. Speaking at a seminar […]

Third of world population WIPED OUT even in SMALL nuclear war

Scientist Paul Doherty says simulations suggest a hundred multimegaton bombs would be exchanged if war broke out between smaller nuclear-armed countries.That is enough – at even conservative estimates – to wipe out a third of the world’s population. It would have a lasting impact, even for people living on the other side of the globe […]

Saudi Arabia, Russia push to extend oil output cut until March 2018

Saudi Arabia and Russia, the world’s top two oil producers, agreed on Monday on the need to extend output cuts for a further nine months until March 2018 to rein in a global crude glut, pushing up prices. Saudi Energy Minister Khalid al-Falih and his Russian counterpart Alexander Novak said in a statement they would […]

Peak oil will be demand driven

We were supposed to run out of oil eventually. They called it peak oil. But it will never happen now. At least not how you expected. Can you imagine the early Stone Age humans worrying about running out of stones to make their tools? Or Bronze Age tribes arguing over what would happen to their […]

Oil market re-balancing is here and will continue, IEA says

The oil market has essentially reached a balance and will continue to accelerate in the near term, the International Energy Agency (IEA) said in its monthly report published Tuesday, just nine days before OPEC‘s much anticipated ministerial meeting. “We think the rebalancing is here and the rebalancing will continue,” Neil Atkinson, head of the oil […]

One in three people ready to ditch cars for apps

One in three people say the ability to book a taxi or minicab through their smartphone is an alternative to owning a car, in a sign of the potential upheaval vehicle manufacturers are facing to their business models. Carmakers are grappling with the prospect of falling vehicle ownership in large cities, where parking costs and […]

Make the Anthill Great Again! The Ant Colony and the Human Ones

Imagine yourself as an ant. What would be your perception of the world? Mainly, it is other ants from the same colony. As an ant, you are nearly blind but you have an excellent sense of smell and most of you sensorial inputs are the pheromones you receive from your sister ants that then you transmit […]

Death spiral for cars. By 2030, you probably won’t own one

By 2030, you probably won’t own a car, but you may get a free trip with your morning coffee. Transport-As-A-Service will use only electric vehicles and will upend two trillion-dollar industries. It’s the death spiral for cars. A major new report predicts that by 2030, the overwhelming majority of consumers will no longer own a […]

Chris Martenson: The Way To Save Ourselves

It’s time to be blunt: Humans are headed towards disaster.  Most of us already know this.  Some consciously, others unconsciously. Those aware to the many predicaments we face may understand them intellectually, such as through the data provided in The Crash Course. Or they may sense them intuitively as a feeling in their gut that […]

Five dirty truths about clean technology

The planet is changing. The complacency is changing. The energy business is changing. And–after more than two centuries of hydrocarbon use and 150 years of extracting oil–history is changing as a growing number of companies and public-sector entities try to transform the fossil-fuel era in real time. The clock is clearly ticking as we confront […]

The trouble with infrastructure

The trouble with infrastructure is that it breaks down and needs to be repaired, it wears out and needs to be replaced, and it gets destroyed and needs to be rebuilt. All that requires energy, resources, labor and money. Conceptually, here’s the problem we face. The bigger we make any part of our infrastructure–roads, pipelines, […]

Fukushima, a land where few return

IITATE, FUKUSHIMA PREF. – Some day when I have done what I set out to do, I’ll return home one of these days, where the mountains are green, my old country home, where the waters are clear, my old country home. — “Furusato,” Tatsuyuki Takano A cherry tree is blooming in the spring sunshine outside […]

Texas is back as King of the oil world

Weekly US oil production is back to 9.3 million barrels per day and is nearing the 9.6 million barrel peak in mid-2015. OPEC raised its outlook for U.S. production growth by 285,000 barrels a day to 820,000 a day in 2017. The number of drilling rigs operating in the country has more than doubled since […]

Has Venezuela’s Crisis Reached A Tipping Point?

Venezuela’s ongoing economic and humanitarian crisis has assumed graver proportions over the past five weeks and pressure is mounting for a regime change, even as doubts persist over the likelihood of the next presidential elections, originally set for October 2018. Fresh protests broke out after President Nicolas Maduro earlier this month signed an order aimed […]

Crude Oil: Flip A Coin

Summary With confirmed break above $49/bbl (“heads”), crude will likely resume its uptrend. With confirmed break below $47/bbl (“tails”), crude will likely begin a new downtrend. In the short run, supply and demand is a mere headline and has little effect on price direction. Introduction Last week, we outlined a bearish case for crude oil […]

The oil and gas industry has a problem – and the industry knows it

Oil and gas company executives believe that they’re doing right by the world. Most people disagree. In a survey conducted by the consulting firm EY, 75 percent of oil and gas executives rated themselves as good corporate citizens. But only 37 percent of the general public said the oil industry can be trusted to do […]

Corruption, Terrorism, And Mafia: The Global Black Market For Oil

The value of the crude oil production alone is worth a staggering $1.7 trillion each year. Add downstream fuels and other services to that, and oil is a money-making machine. As VisualCapitalist’s Jeff Desjardins notes, both companies and governments take advantage of this resource wealth. More of the world’s largest companies work in the oil […]

Why More Coal, Oil, And Natural Gas Investments Are Needed

“I think that, in the end, these hydrocarbons are a huge resource for humanity. And I don’t think we’ve got any good substitute. People think that all these hydrocarbons are going to be stranded and the whole world’s going to change. I think we’re going to use every drop of the hydrocarbons, sooner or later.” […]

OPEC to U.S.: Please produce less oil for the ‘prosperity of the world economy’

OPEC, the oil cartel really cares about the world. That’s the message of a new monthly report issued Thursday. OPEC says what the world needs now is a bit less supply on the global oil market. In particular, they would really appreciate it if the United States would stop producing so much damn oil…for the […]

Deep State Pushes Coup Against Trump Over Comey Firing

The shadow government is once again pushing its months-old agenda to overthrow Trump, this time using Tuesday’s firing of FBI Director James Comey as the casus belli. Not long after the news broke that Comey was sacked, a nasty article appeared in Foreign Policy – a premiere globalist mouthpiece – demanding the removal of Trump […]

Fukushima Nuclear Disaster Radiation Affected Everyone On Earth

Japan’s 2011 Fukushima nuclear disaster had an impact on every single person on Earth, according to scientists. The meltdown hit everyone on the planet with a dose of radiation, but fortunately, not enough to have a real impact. The disaster dosed everyone on Earth with radiation equivalent to that of a single x-ray, according to […]

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