Don’t Move Resources from Development to Security

Twenty years ago, when I was starting my functions as Prime Minister of Portugal, the world was surfing a wave of optimism. The Cold War had ended, technological prosperity was in full swing, the internet was spreading and there was the idea that globalisation would not only increase global wealth, but that it would trickle […]

The Problem With Climate Doomsday Reporting

It’s not often that an article about climate change becomes one of the most hotly debated issues on the internet — especially in the midst of a controversial G20 summit. But that exact thing happened following the publication of a lengthy essay in New York Magazine titled “The Uninhabitable Earth: Famine, Economic Collapse, a Sun that Cooks […]

Brother of Iran’s President Arrested

The brother of Iran’s moderate president, Hassan Rouhani, has been arrested amid escalating tensions between the government and the country’s hardline judiciary ahead of his swearing-in ceremony next month. Hossein Fereidoun, a top presidential aide who played a senior role in more than two years of high-level negotiations between Iran and the west over Tehran’s […]

Electric Vehicles: Imminent Breakout or Breakdown?

The media flavor of the day is “Peak Oil Demand.” It’s being predicted due to plummeting battery costs for electric vehicles, which are on the verge of reaching a point where electric vehicles become competitive with internal combustion vehicles, resulting in a drop in oil consumption.  Bloomberg New Energy Finance believes they will be as cheap as […]

Antarctica’s new 1.1-trillion-ton iceberg is already breaking into enormous pieces

A 300-foot-wide, 70-mile-long rift in Antarctica’s Larsen C ice shelf, as seen in November 2016. John Sonntag/IceBridge/NASA Goddard Space Flight Center Earlier this week, a crack in Antarctica’s Larsen C ice shelf caused a 1.1-trillion-ton block of ice to calve, forming a colossal iceberg roughly the area of Delaware. Just days after breaking off the continent, the iceberg, now […]

Kunstler: Boomerangski

The strenuous effort of “Resistance” passengers in the Limousine-of-State to shove Donald Trump out of the driver’s seat continues into what would normally be the news-wasteland of midsummer. Last week it was the smoking popgun of Trump Junior’s meeting with a Russian lawyer purported (by British music promoter Rob Goldstein) to be associated with the […]

Staving Off the Coming Global Collapse

Humans have a virtually unlimited capacity for self-delusion, even when self-preservation is at stake. Contests, events & more from Tyee and select partners The scariest example is the simplistic, growth-oriented, market-based economic thinking that is all but running the world today. Prevailing neoliberal economic models make no useful reference to the dynamics of the ecosystems […]

Coal to edge out natural gas in 2017

By a thin margin, coal will be the top source for U.S. power generation in 2017, according to the U.S. Energy Information Administration’s monthly Short Term Energy Outlook released Tuesday. The EIA report projects coal will fuel 31.3 percent of electricity in the U.S. in 2017, compared with 31.1 percent for natural gas. In 2016, […]

Road Trip to the End of the World

“Who you with?” “I’m a science journalist,” I said, jolted from my reverie on the shoulder of I-68 in Maryland, where a crowd of geologists had gathered on a field trip to poke at some rocks revealed by the highway department’s dynamite. The rocks, slate gray and studded with pebbles from a punishing ice age, […]

Fukushima’s Nuclear Waste Will Be Dumped Into the Ocean, Japanese Plant Owner Says

Toxic waste produced by one of the world’s worst nuclear disasters will be dumped into the sea, according to the head of the Japanese company tasked with cleaning up the radioactive mess, despite protests from local fishermen. Takashi Kawamura, chairman of Tokyo Electric Power Company (TEPCO), told foreign media that nearly 777,000 tons of water […]

Pi’s tiger and the Anthropocene

Science studies scholar Bruno Latour is fond of the film “Life of Pi” for the metaphor it provides for our current predicament. The main character of the film, Pi, ends up in a lifeboat with a tiger, and not a friendly one. Though Pi builds a raft to give himself distance from the tiger, he […]

Aramco CEO Nasser: Peak oil demand scenario misplaced

SAUDI Aramco President and Chief Executive Officer Amin H. Nasser has said that as the global oil market rebalances, the industry needs to avoid letting short-term factors overshadow the need for long-term investments. Oil will play a key role in meeting future global energy demand despite scenarios of peak demand and stranded resources, which are […]

OPEC: Can it ride out the storm?

For cartel OPEC — created in 1960 with the aim of supporting a sustainable price on the oil market — it is in some ways a perfect storm. Stocks have surged thanks to the rapid emergence of oil from US shale deposits. And due to the abundant supply, the price of oil now stands at […]

Worker shortage slows Bakken oil development

North Dakota oil production decreased 1 percent in May but remained slightly above 1 million barrels per day, according to the Department of Mineral Resources. Oil producers are drilling Bakken wells faster than they can bring them online due to a shortage of experienced workers, Director Lynn Helms said Friday. “There’s a great amount of […]

Aramco’s Odd Response to a Future Oil Shortage

Let’s say you’re the holder of the world’s largest reserves of conventional, low-cost crude oil and you believe the supply outlook is “increasingly worrying” due to a lack of investment. Enhancing production capacity so as to cash in when prices soar would seem like a good idea. Apparently not if you’re Saudi Aramco. Saudi Arabian Oil […]

Research Team Debunks ‘Global Warming’

As world leaders, namely in the European Union, attack President Trump for pulling out of the Paris Climate Agreement which would have saddled Americans with billions upon billions of dollars in debt and economic losses, a new bombshell report that analyzed Global Average Surface Temperature (GAST) data produced by NASA, the NOAA and HADLEY proves the President […]

Eternal Sunshine of a Spotless Mind on Crude Oil

Crude oil prices are on the rise today, but energy investors have been on quite a tumultuous ride so far this year. The severe ups and downs have led to excessively negative sentiment. Perhaps investors would benefit from a memory wipe. United States Oil (USO) has risen 0.95% so far on Friday. Energy stocks, on the […]

Magnitude 4.2 quake strikes near Cushing, Oklahoma, oil storage hub

An earthquake with a preliminary magnitude of 4.2 on Friday struck Stroud, Oklahoma, about 20 miles (32.2 km) from the key oil storage hub in Cushing, Oklahoma, the Oklahoma Geological Survey (OGS) said. There were no reports of damage from the quake, Oklahoma Corporation Commission (OCC) spokesman Matt Skinner said by phone. The OCC and […]

Promoting a viable population growth policy

The world population has witnessed a remarkable growth during the recent decades. In 1965, it stood at 3.3 billion people. In 2017 -52 years later- the global population reached a staggering 7.5 billion people corresponding to more than a doubling of the Earth’s residents over the last half-century. Humans have been blessed with access to […]

High-speed Hyperloop project ready for key test in Nevada

Engineers will soon conduct a crucial test of a futuristic technology championed by entrepreneur Elon Musk that seeks to revolutionize transportation by sending passengers and cargo packed into pods through an intercity system of vacuum tubes. Hyperloop One, the Los-Angeles-based company developing the technology, is gearing up to send a 28-foot-long (8.5 meter-long) pod gliding […]

There Could Be A Nuclear Strike Against The United States Coming Soon

For approximately the past five years, the Mainstream Media (MSM) and the Obama-administration supported research “think-tanks” for monitoring the North Korean situation have had a field day.  They consistently (along with the brain-dead public’s crowds of naysayers) and intentionally understated the capabilities of North Korea.  The experts in the field (such as Dr. Peter V. […]

Refocus On Four Strategic Issues More Pressing Than ‘Peak Demand’

The concept of “peak oil demand” has been gaining more traction over the last year. While many long-term forecasts have long anticipated some slowing of demand as efficiencies improve and energy intensity falls, recent conversations about the viability of EVs has made peak demand feel more real and more imminent. While Stratas Advisors predicts a […]

Tillerson Sees Qatar Crisis Lingering

U.S. Secretary of State Rex Tillerson said a dispute between a Saudi Arabian-led bloc and Qatar may last “quite a while” as the two sides still refuse to speak to each other directly and are no closer to resolving the key demands made after the crisis started. Despite leaving the Middle East after four days […]

Future Of Energy: The Big Picture

Summary Overview of factors involved in determining energy prices. How the various factors influence supply and demaind. Major shifts coming in the energy sector. A low risk, long-term investment in energy. Introduction This is the initial installment of a series I will be writing (at least once weekly until completed) to provide readers with a […]

The Coming ‘Peak Oil Plateau’ And Higher Oil Prices

Summary Oil demand and supply are both in the process of balancing and peaking. Oil supply will fall before oil demand, creating a period of significantly higher priced oil. OPEC and shale will be the main beneficiaries of higher oil prices. According to the EIA, global oil supply and demand are roughly in balance right […]

Are Supermajors Spooked By Peak Oil Demand?

Will the world’s appetite for crude oil ever be sated? For decades, it was widely presumed that demand for petroleum would grow steadily in line with the expansion of the global economy, as more people drove, more cities were built and more energy was needed to fuel industrial expansion. But a number of major energy […]

Major Oil Deposit in Gulf of Mexico

One of Mexico’s earliest private-sector energy investors says that it has struck it big with a significant oil discovery in Mexican waters. Britain’s Premier Oil PLC, along with partners Talos Energy of Houston and Sierra Oil & Gas of Mexico City, said Wednesday that exploratory drilling in the Zama-1 field, located in the shallow waters […]

Oil demand to grow: IEA

Renewed investment in upstream sector key to meeting projected demand growth The International Energy Agency (IEA) expects demand for oil to continue increasing in coming years, a forecast said to be contrary to some other consultants. “We think oil demand will continue to grow in years to come, unlike some others who think oil demand […]

NASA Plans to Use Nuclear Reactors on MARS

KiloPower Design – Image Source: Dasari V. Rao, Patrick McClure, Los Alamos National Laboratory as published in R&D Magazine 02/14/17 The reactors would use highly enriched uranium as a fuel to power fission processes. The development of the technology would also require completion of the design and flight qualification of the Advanced Stirling Radioisotope Generator. (ASRG) […]

One-Third of BC’s Oil and Gas Wells Leaking Significant Levels

About 35 per cent of British Columbia’s 11,000 active oil wells, abandoned wells and water injection wells in the northeastern part of the province are leaking significant amounts of methane, according to a forthcoming new study. The report will be released later in the summer and submitted to the industry-funded BC Oil and Gas Commission. […]

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