Kunstler: When Collapse Goes Kinetic

I suppose many who think about the prospect of economic collapse imagine something like a Death Star implosion that simply obliterates the normal doings of daily life overnight, leaving everybody in a short, nasty, brutish, Hobbesian free-for-all that dumps the survivors in a replay of the Stone Age — without the consolation of golden ages […]

The Queen and the Philosopher: the hidden story of Boudica’s revolt against the Roman Empire

    We know very little about Queen Boudica of the Iceni (20 AD (?) – 61 AD) and most of what we know is probably deformed by Roman propaganda. But we may still be able to put together the main elements of her story and how it was that she almost threw the mighty […]

Mexico’s Next President Aims To End Foreign Fuel Imports In Three Years

Mexican President-elect Andres Manuel Lopez Obrador will seek to end the country’s massive fuel imports, nearly all from the U.S., during the first three years of his term while also boosting refining at home. The landslide winner of the country’s recent election told reporters on July 7 before attending private meetings with members of his future […]

Global Warming Could Be Double What Models Predict

An international team of researchers suggest that future global warming may eventually be twice as warm as projected by climate models Global warming could be much worse than predicated by current climate models. Researchers often use records of Earth’s past to predict changes in the future. A latest assessment of past warm periods shows that […]

THE ENERGY CLIFF APPROACHES: World Oil & Gas Discoveries Continue To Decline

As the world continues to burn energy like there is no tomorrow, global oil and gas discoveries fell to another low in 2017.  And to make matters worse, world oil investment has dropped 45% from its peak in 2014.  If the world oil industry doesn’t increase its capital expenditures significantly, we are going to hit […]

Energy Is The Key To Everything

When people are sitting around making lists and deciding what they need to survive or just get by in the future there is one thing they need to give great thought to. Energy is the basis of everything. Energy takes many forms such as food, electricity, liquid fuels, mechanical, nuclear, solid fuels, solar and wind […]

For 9 months, I’ve asked environmentalists why they don’t address immigration as population issue

For 9 months, I’ve had scores of conversations with environmental leaders and thinkers about immigration’s impact on the U.S. population and environment. I heard some of this: I hope the Trump administration is successful at reducing future immigration flows because such incessant population growth is inhibiting our ability to conserve other species’ habitats. But I […]

10 years after the oil price spike

Ten years ago this week—July 11, 2008 to be exact—the price of a barrel of oil on the New York Mercantile Exchange hit an intraday high of $147.27, its highest price ever. By the following autumn the world economy was in shambles and the price of oil was tumbling. The oil price eventually bottomed out […]

Inflation Rearing Its Ugly Head

The world of finance and investment, as always, faces many uncertainties. The US economy is booming, say some, and others warn that money supply growth has slowed, raising fears of impending deflation. We fret about the banks, with a well-known systemically-important European name in difficulties. We worry about the disintegration of the Eurozone, with record […]

The Two Biggest Threats To The Natural-Gas Boom

The International Energy Agency is bullish on the prospects for natural gas. IEA sees gas as a versatile player with vast growth potential, in large part because it can solve local air pollution in Asian cities. But IEA Executive Director Fatih Birol warned last week that two threats could derail the growth of the natural gas industry. “We think gas […]

Why The Coming Oil Crunch Will Shock The World

My years working in corporate strategy taught me that every strategic framework, no matter how complex (some I worked on were hundreds of pages long), boils down to just two things: Where do you want to go? (Vision) How are you going to get there? (Resources) Vision is the easier one by far. You just […]

Kunstler: Summer of Tough Love

The golden Colossus of Trump looms over the national scene this summer like one of Jeff Koons’s giant, shiny, balloon-puppy sculptures — a monumental expression of semiotic vacancy. At the apogee of Trumpdom, everything’s coming up covfefe. The stock market is 5000 points ahead since 1/20/17. Little Rocket Man is America’s bitch. We’re showing those […]

Iran’s Guards threatens to block oil shipments in Gulf

An Iranian Revolutionary Guards commander said on Wednesday that Tehran will block oil shipments through the Strait of Hormuz in the Gulf if the United States bans Iranian oil sales. “If they want to stop Iranian oil exports, we will not allow any oil shipment to pass through the Strait of Hormuz,” Ismail Kowsari was […]

Trump May Tap Strategic Petroleum Reserve To Lower Prices At The Pump

As Independence Day approaches, AAA reports that a record-breaking 46.9 million Americans will travel 50 miles or more away from home, an increase of more than five percent compared with last year – the highest number since the travel agency began tracking the numbers 18 years ago. One of the biggest scuttlebutts in offices around America […]

USA and World Oil Production

All data below is from various sources. All US data is from the EIA. Unless otherwise noted is in thousand barrels per day. USA data is through April. C+C production was almost flat in April, down 2,000 bpd. Texas through April. Texas production was up 30,000 bpd in April. North Dakota through April. North Dakota […]

Global Emissions are Up, in BP’s Analysis

French consultancy Cedigaz sees global gas demand growing by 1.4%/year between 2016 and 2040, a major reduction cumulatively from last year’s 1.8% compound annual growth rate. It does however see the fuel playing a growing role in the energy mix at the expense of the other fossil fuels, it said July 3. “The gradual shift […]

Nuclear Fusion Reactor in France 55 Percent Complete

There may be lingering disagreements among China, the European Union, India, Japan, South Korea, Russia and the United States, but there is one complex project these seven entities have in common that is on track for success – the world’s largest nuclear fusion facility. This first global collaboration on building a nuclear fusion reactor is […]

Fourth of July holiday gas prices hit 4-year high

Fourth of July gas prices will notch their highest mark since 2014 but remain sharply lower than their all-time high for the holiday. At about $2.86 per gallon as of Tuesday morning, the national average price of gasoline is about 63 cents higher than a year ago, according to AAA. Prices have been stable over the […]

Oh Say Can You See?

“Patriotism is supporting your country all the time, and your government when it deserves it.”  ― Mark Twain   As we celebrate the nation’s Independence, a virtual pallor seems to hang over the proceedings like a shitmist. There will be parades, fireworks, cookouts and picnics, and the attendant mindlessness of a hot summer day. There will […]

US Oil Production 9% higher than peak in 1970 and will be about 20% higher next year

US oil production set a new record back in February, 2018 to surpass the previous oil production peak set in the 1970s. EIA estimates that U.S. crude oil production averaged 10.9 million barrels per day (b/d) in June. EIA projects that U.S. crude oil production will average 10.8 million b/d in 2018, up from 9.4 […]

Energy: The Good, The Bad, and The Ugly

Even though energy is my specialty, I hadn’t intended to write about the topic again this week. However, recent events in the oil and gas sector are so significant, they compel me to once again focus on energy. The stakes are enormous not just for energy, but for investors of all stripes. The fortunes of […]

India Folds Under Pressure, Halts Iranian Oil Imports

In more dour news for Iran, India (the world’s fourth largest oil importer) is planning to cut oil imports from the embattled OPEC member. India’s oil ministry has asked refiners to prepare for a ‘drastic reduction or zero’ imports of Iranian oil from November, Reuters said on Thursday, citing two industry sources. The news comes […]

Kunstler: A Turn for the Worse

  The Democratic Party has steered itself into an exquisitely neurotic predicament at a peculiar moment of history. Senator Bernie Sanders set the tone for the shift to full-throated socialism, and the primary election win of 28-year-old Alexandria Ocasio-Cortez in a New York congressional district seems to have ratified it. She promised voters free college […]

Overpopulation Problem? What Overpopulation Problem?

Some people seem to be horrified at the sight of these images. For me, it is more a sensation of melancholy. These masses of people can exist only for a brief moment in the history of humankind. Overpopulation is a problem that will solve itself rather quickly although, unfortunately, not without pain. I keep reading […]

EVs Alone Could Peak Oil Demand In The Late 2020s

Equipment and machinery are seen on the production line at the second phase of the Chery Jaguar Land Rover Automotive Co. plant in Changshu, China, on Wednesday, June 27, 2018. Jaguar Land Rover is planning to build an electric vehicle in China as the iconic British manufacturer steps up its game in a fast-growing market […]

Have we reached Peak Sand?

CC BY 2.0 Wikipedia/ Illegal sand mining in India Yet another thing we are running out of. For years on TreeHugger, we have talked about Peak Everything, having started with Peak Oil. so it seems really odd to talk about Peak Sand. But in fact, we appear to be running out of the stuff. The […]

China Will Need More US Natural Gas

there’s room for all gas (and oil) exporters in China, the need for imports is surging that fast Looking out to just 2030, about 65% of China’s gas demand could need to be met by imports BEIJING, CHINA – NOVEMBER 09: (CHINA MAINLAND OUT)China President Xi Jinping and wife Peng Liyuan welcome US President Donald […]

The Most Important Geopolitical Meeting This Year

Relations between the United States and Russia have deteriorated dramatically over the years due to Moscow’s intervention in neighbouring Ukraine and its annexation of Crimea. This change in foreign policy has some analysts talking about a ‘new cold war’. Moscow’s participation and support for President Assad of Syria put Russian interest and soldiers against America’s. […]

Here’s why oil’s surge is far from over, and $100 per barrel could be in the cards

With oil rallying 14 percent in the second quarter alone, investors might be tempted to take some profits. That would be a mistake, says one widely followed energy strategist. “What we’re looking for now in WTI is we’re looking to go to $77,” Helima Croft, global head of commodity strategy at RBC Capital Markets, told […]

Is the decline of coal a national security problem?

As the Trump administration seeks to resuscitate the moribund American coal industry, it has decided to invoke “national security” as the justification for a plan to subsidize coal-fired power plants. Three things are notable about the administration’s proposal. First, invoking “national security” has become a favored tool for getting around existing regulations, precedents and the […]

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