Based on the true story of journalist Gary Webb. The film takes place in the mid-1990s, when Webb uncovered the CIA’s past role in importing huge amounts of cocaine into the U.S. that was aggressively sold in ghettos across the country to raise money for the Nicaraguan Contras’ rebel army. Despite enormous pressure not to, […]
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 Antarctica has shed an iceberg that’s big enough to fill Lake Michigan. It weighs about 1 trillion metric tonnes. It may be the third-largest iceberg recorded since satellites began taking photos of Earth. Human […]
We will have to wait until the second half of the century for fusion reactors to start generating electricity, experts have announced. A new version of a European “road map” lays out the technological hurdles to be overcome if the processes powering the Sun are to be harnessed on Earth. The road map has been […]
When energy analysts and investors couldn’t figure out oil markets this year, they blamed one group: algorithmic traders. On various days over the first six months of 2017, even amid signs of tightening supply, oil prices fell sharply, eventually sinking into bear market territory. Such moves confounded longtime watchers of oil, who said that based […]
When Bob Dudley, chief executive officer of British oil giant BP Plc, was asked at a recent conference when oil demand will peak, he had a precise answer: June 2, 2042. The audience at the annual St. Petersburg International Economic Forum burst into laughter, knowing it’s impossible to predict such an event down to the day. […]
The world might be heading for an oil supply shortage following a steep drop in investments and a lack of fresh conventional discoveries, Saudi Aramco’s chief executive said on Monday. Unconventional shale oil and alternative energy resources are an important factor to help meet future demand but it is premature to assume that they can […]
There are a lot of reasons why people prep for disasters, but there’s one reason that’s far more popular than the others. What people fear most when they think about what would happen if society collapsed, isn’t hunger, disease, or exposure. They fear what other people might do to them when the chips are down. […]
Despite Big Agriculture claiming for years that their pesticides only kill pests, a report published in late June in the Journal Science proved what many people have suspected for years: the type of pesticides that Bayer pioneered, known as neonicotinoids, are responsible for diminishing numbers of honeybees. “Two studies, conducted on different crops and on two continents … find […]
A “biological annihilation” of wildlife in recent decades means a sixth mass extinction in Earth’s history is under way and is more severe than previously feared, according to research. Scientists analysed both common and rare species and found billions of regional or local populations have been lost. They blame human overpopulation and overconsumption for the […]
Oil major bosses and energy ministers are meeting at the World Petroleum Congress in Istanbul, with the outlook clouded by the low price of crude oil, currently trading at around US$45 a barrel. Amin al-Nasser, Chief Executive of state oil company Saudi Aramco. (ERIC PIERMONT/AFP) 11 Jul 2017 01:17AM (Updated: 11 Jul 2017 01:20AM) Share […]
Some disagree about when and whether the world will begin using less oil, but some energy companies are already planning for an oil-free future.
Five years ago, when Hugo Chávez was president and Venezuela was a much different place, Ana Margarita Rangel could still afford to go to the movies and the beach, or to buy the ingredients she needed to bake cakes. Even three years ago, when the country’s economy was beginning a severe contraction,Rangel earned enough for […]
Elon Musk usually tweets about mundane topics, from LA traffic to Tesla projects. On Thursday he was more dire. “The world’s population is accelerating towards collapse, but few seem to notice or care,” Tesla’s CEO tweeted to his nearly 10 million followers. He pointed to a November article in New Scientist magazine titled, “The world […]
Environmental Protection Agency head Scott Pruitt had a genuine howler the other day. On NBC’s Meet the Press, he said, “Since the fourth quarter of last year until most recently, we’ve added almost 50,000 jobs in the coal sector. In the month of May alone, almost 7,000 jobs.” Try instead maybe 1,000 jobs in […]
Image: Advertisement for the municipal electricity utility in Hamburg (round 1900) In Germany, there is a strong movement to claim the gas, electricity and heating networks back from private corporations. Initiated by civil organisations, they are pushing the political arena to take action towards a remunicipalisation of the energy system. This is a very interesting […]
The disgrace of America’s putative intellectual class is nearly complete as it shoves the polity further into dysfunction and toward collapse. These are the people Nassim Taleb refers to as “intellectuals-yet-idiots.” Big questions loom over this dynamic: How did the thinking class of America sink into this slough of thoughtlessness? And why – what is […]
With gas cheaper than it has been in at least 50 years — strongly suggestive that there is plenty of it available and will be for some time to come — Volvo has announced its decision to build nothing but expensive plug-in hybrid and full-on electric cars beginning after the 2019 model year. Cue the […]
I. ‘Doomsday’ Peering beyond scientific reticence. It is, I promise, worse than you think. If your anxiety about global warming is dominated by fears of sea-level rise, you are barely scratching the surface of what terrors are possible, even within the lifetime of a teenager today. And yet the swelling seas — and the cities […]
A Guest Post by George Kaplan Part I Discoveries and Reserves The following are a few charts and observations concerning the US Gulf of Mexico production, with data mostly taken from BOEM for the OCS and a bit from EIA. The BOEM data site has been updated and makes it easy to get the raw […]
The world has anticipated the “rapid exhaustion” of crude oil supplies for at least 100 years.Will it go on being close to running out of crude for the next 100? “Peak Oil” — the idea that global oil production will soon reach a maximum and then begin to decline — attracted a significant number of […]
Geopolitical conflicts are not a threat to OPEC: S&P Global Platts Friday, 7 Jul 2017 | 2:32 AM ET | 03:46 Oil supply could easily be threatened by geopolitical risks, and such a disruption could cause oil prices to skyrocket, experts tell CNBC. Neil Dwane, global strategist and chief investment officer of European equity at […]
After years of being oil’s biggest cheerleader, “oil god” Andy Hall, who starting with the OPEC Thanksgiving massacre in 2014 has had several abysmal years, in the process losing the bulk of his AUM, finally threw in the towel last week when in a July 3 letter to investors, he admitted that “the facts have changed” […]
The coal industry has faced headwinds for the past decade. Burdensome regulations and competition from cheap natural gas have taken their toll. Conventional wisdom now suggests the sun is setting on the U.S. coal industry, but the assumptions driving that thinking are far from certainties. Energy experts point to falling costs for renewables and the […]
Basic parameters of the world’s longest 101.2 s high confinement discharge achieved on EAST (Bt=2.5T, PRF=3.0MW, ne/neGW=0.55, Te=4.0KeV, H98y2=1.1, Upper single null configuration) Credit: EAST Team China’s Experimental Advanced Superconducting Tokamak (EAST) made an important advance by achieving a stable 101.2-second steady-state high confinement plasma, setting a world record in long-pulse H-mode operation on the […]
AS THE world tries to ween itself off fossil fuels, scientists are racing towards one of the biggest breakthroughs in history that could provide virtually unlimited energy. Theoretical physicist Professor Steven Cowley spruiked the immense potential of fusion, which he described as a “perfect energy source”, in a “deliberately provocative” talk at Syndey University on […]
Although there are some alternative energy oil sources, whether renewable or non-renewable, but it still occupies second place after oil, because they could not, or could not technological development, until the present time, to find an alternative that matched oil features General Overall, which gives some energy sources, large energy equivalent times what gives oil […]
“What generally occurs when a civilization over-extends is not a complete disappearance but a rapid decline in complexity.“ Detroit: Theater Ruins The collapse of the Classic Maya period, around 900 CE, is an active academic field, with many conflicting theories and a mountain of literature. While traveling in the Yucatán we are reading Arthur Demarest’s Ancient […]
AUSTRALIA has missed its chance to avoid a potential “economic apocalypse”, according to a former government guru who says that despite his warnings there are seven new signs we are too late to act. The former economics and policy adviser has identified seven ominous indicators that a possible global crash is approaching — including a […]
Crude oil prices sold off almost 5% on what many people attributed to a story that some unnamed Russian oil company source said that Russia was against a production cut. Today those sources are still unknown, but really the sell-off in oil probably had more to do with the fact that Saudi Arabia cut prices […]
But if Mr. Trump agrees to work with Mr. Putin despite a list of Russian transgressions beginning with the annexation of Crimea and ending with its interference in the 2016 presidential election, he will also look weak while Mr. Putin can claim that he reconstructed the relationship. —The New York Times America wakes up to […]
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