Oil Demand Is Growing Nearly Everywhere

Earlier today I delivered the keynote address at the Uintah Basin Energy Summit in Vernal, Utah. The Uintah Basin is an oil-producing region predominantly in the eastern portion of Utah. Like many other oil-producing states, Utah saw its oil production more than double from 2004 to 2014, before retreating in the face of the oil price […]

Kunstler: A Hot Mess

It wasn’t until more than a week after Hurricane Katrina slammed into New Orleans in 2005 that the full extent of the damage was recognized and so it will go with the hot mess where Houston used to be. Mostly, it is inconceivable that the business activity which made Houston the nation’s fourth largest city […]

The world could run out of food two decades earlier than thought

By 2027 the world could be facing a 214 trillion calorie deficit, says Sara Menker, founder and chief executive of Gro Intelligence, an agricultural data technology company. In other words, in just a decade, we won’t have enough food to feed the planet. We’ve long known that we might reach a point where we have […]

US Releases 1 Million Barrels Of Oil From Strategic Reserve

The U.S. Energy Department on Thursday released 1 million barrels of oil from the Strategic Petroleum Reserve and a White House adviser said more could flow after Tropical Storm Harvey inundated Gulf Coast refineries and drove up motor fuel prices. In the first tapping of the reserve for an emergency since Hurricane Isaac in 2012, […]

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