Collapse has ARRIVED!

Discuss this article at the Energy Table inside the Diner Due to my High & Mighty position as a Global Collapse Pundit, I am often asked the question of when precisely will Collapse arrive?  The people who ask me this question all come from 1st World countries.  They are also all reasonably well off with […]

Albert Bates: The Way

“Patterns of regenerative thinking augur regenerative patterns of living and the reverse is also true.| “   Ten years ago, Brian Eno suggested a word to convey the extreme creativity that groups, places or “scenes” can occasionally generate. The word he came up with is “scenius.” Scenius is like genius, only embedded in a scene […]

Saudi Arabia vs. Russia: The fight to become China’s top oil supplier

Crashing oil prices brought Russia and Saudi Arabia closer together than ever. But now, a race to satisfy China’s huge energy needs threatens to drive them apart. Russia and Saudi Arabia have closely coordinated their efforts to eliminate a massive oil supply glut that sent crude prices crashing last year to unthinkably-low prices. They agreed, […]

The First Impact of the Climate Deal Withdrawal

The real, measurable impacts of Trump’s decision to pull out of the Paris climate agreement are going to be few and far between, but the first one we’ve seen thus far has been a drop in the price of oil. This won’t hurt Trump with his voters: market participants think that the U.S. will now […]

The USGS Finds Fracking is Not Contaminating Groundwater

Fracking is not contaminating groundwater according to the USGS; a fact that has been proven enough to sound like a broken record. What does it take to change someone’s opinion on a subject? Many people believe the moon landing was fake and not even Buzz Aldrin could convince them otherwise. Some people still hold on […]

Crude Oil Begins To Flow Through Controversial Dakota Access Pipeline

Crude oil is now flowing through the Dakota Access Pipeline, despite months of protests against it by Native American tribes and environmental groups. The pipeline spans more than 1,000 miles from North Dakota to Illinois and cost some $3.8 billion to construct. It is expected to transport approximately 520,000 barrels of oil daily. “Construction on […]

Who Will Win The Oil Wars? US Shale, OPEC Or Consumers?

In less than a decade, the U.S. shale oil revolution has brought consumers worldwide billions of dollars in savings, driving down the price of gasoline, fuel oil, air travel, plastics and countless other household budget items. Before a fresh supply of shale oil drove U.S. crude output to records in 2013 and 2014, U.S. benchmark oil often […]

Budget Cuts to Science and Research Could Bring Back Peak Oil Concerns for the U.S.

Natural oil seeps have been known for millennia in places like Southern California’s doubly-named La Brea Tar Pits in downtown Los Angeles.  There, Native Americans used the oily material seeping out of the ground for many purposes, including sealing wooden boats. Move forward in time and to the other side of the country to where […]

Oil Price Target: $0

This is not a joke, but neither should you worry if you are long oil, as the price will most likely hit (at least) $100 long before it heads south, and that is due to a rising deficit between oil production and new oil discoveries (exhibit 1). Exhibit 1: Oil discoveries vs. oil production (globally) […]

Kunstler: Covfefe Land

“This is one of the things I find funny about the radical Left protests on campus…. You want to have it both ways. You want to be a fledgling member of the elite and a champion of the underprivileged. So, how narcissistic can you get? You want to have all the benefits of having all […]

Has Permian Productivity Peaked?

The U.S. shale industry might have just received a huge windfall with the nine-month extension of the OPEC cuts. Shale output was already expected to come roaring back this year, but the extension of the cuts provides even more room in the market for shale drillers to step into. The sky is the limit, it […]

China’s Next Step To Destroy The Dollar?

China is currently modifying the terms of its oil trade with Saudi Arabia. Specifically, China is working on a deal to pay for Saudi oil using Chinese yuan. This effort poses a direct threat to the security of the dollar. If this China-Saudi deal happens — yuan for oil — it’s another step closer to […]

Energy Return on Investment of Canadian Oil Sands Extraction from 2009 to 2015

Abstract : Oil sands, as unconventional oil, are so essential to both Canada and the world that special attention should be paid to their extraction status, especially their energy efficiency. One of the most commonly used methods to evaluate energy efficiency is the Energy Return on Investment (EROI) analysis. This paper focuses on EROI analysis […]

The Race to 9 Billion

Planet 2050: What Is the Race to 9 Billion™? Susan Goldberg, Editor in Chief, National Geographic Magazine Robert Kunzig, Senior Environment Editor, National Geographic Magazine Population growth and urbanization are redefining our society. Hear the big picture from National Geographic.

‘Axis of love’: Saudi-Russia detente heralds new oil order

A meeting between the two men who run Russia and Saudi Arabia’s oil empires spoke volumes about the new relationship between the energy superpowers. It was the first time that Rosneft (ROSN.MM) boss Igor Sechin and Saudi Aramco chief Amin Nasser had held a formal, scheduled meeting – going beyond the numerous times they had […]

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