Peak Oil is You

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News from August 2018

Rapid population growth: to worry or not to worry?

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From an early age, the issue of rapid growth in population has greatly intrigued me. Contrary to popular opinion, I do not think the planet is heading towards destruction because of over-population. The fear related to over-population is nothing new, it dates back to the eighteenth century. In Robert Malthus’ essay The Principle of Population, […]

Snyder: Society Is Unraveling

The thin veneer of civilization that we all depend upon on a daily basis is disappearing at a staggering pace. On Sunday, the young men that gathered to participate in the Madden Championship Series tournament in Jacksonville probably never imagined that they would be in any sort of danger, but then gunfire erupted around 1 […]

The US Dollar Will Collapse Next Week – Peter Schiff

The catalyst for the rise in gold and the decline in the dollar, I believe, was the dovish speech given by Jerome Powell today in Jackson Hole. Whether or not the speech is perceived as dovishly as I believe it is, I think we’re going to have to see if we are going to get […]

CIA and Saudi Arabia Conspired To Keep 9/11 Details Secret

It’s easier to bury uncomfortable facts than to confront them. So this September 11, the ceremonies marking the 2001 attacks on New York and Washington, D.C., will simply honor the dead. In Manhattan, tourists and mourners will gather where the World Trade Center Towers once stood, lowering their heads in memory of the 2,606 who […]

The Road Away from Fossil Fuels

President Andrzej Duda’s authoritarian government can expect a rough political ride in December, when politicians, diplomats and campaigners stream into Katowice, Poland, for the next UN summit on climate change. Poland’s so-called climate policy – to aim for “carbon neutrality” by discounting emissions from the coal industry with carbon sucked up by its forests – […]

The AI that could help make limitless fusion power

An AI is set to try and work out how a potentially limitless supply of energy can be used on Earth. It could finally solve the mysteries of fusion power, letting researchers capture and control the process that powers the sun and stars. Researchers at the U.S. Department of Energy’s (DOE) Princeton Plasma Physics Laboratory (PPPL) and […]

The Coming Collapse of the American Economic System with Richard Wolff

Economist Richard Wolff discusses the coming economic collapse of the United States of America with journalist Chris Hedges.

Richard Heinberg: Human Predators, Human Prey

Society as Ecosystem in a Time of Collapse, Part II This is part 2 of my 3-part essay that uses predation as a metaphor to unpack power relations in human societies. For part 1 see here. 4. Our current context: the adaptive cycle, conservation, and release As we’ve seen, predator-prey relationships shape the flow of […]

End Of Petrodollar Hegemony May Happen Soon and Badly Impact Indebted America

The United States is currently waging economic warfare against one tenth of the world’s countries with cumulative population of nearly 2 billion people and combined gross domestic product (GDP) of more than $15 trillion. These include Russia, Iran, Venezuela, Cuba, Sudan, Zimbabwe, Myanmar, the Democratic Republic of Congo, North Korea and others on which Washington […]

China May Scrap Two-Child Policy, Ending 40 Years Of Limits

Chins is getting desperate about its demographic slide. One week after we reported that China floated a proposal to tax all working adults aged under 40 with the money going to a “maternity fund” to reward families who have more than one child, Beijing appears poised to scrap the limit on the number of children […]

wondering what will happen when the world’s resources become scarce

The global scarcity of vital resources combined with the emerging effects of climate change has the potential to unleash a tidal wave of civil unrest and conflict between nations. The inevitable wave of refugees and the resulting backlash from communities in resource rich countries is likely to eclipse current anti-immigration sentiment and will accentuate the […]

Saudi Aramco loses its ‘in perpetuity’ oil and gas rights

Saudi Arabia has cut the length of time that its state energy company has exclusive rights to the kingdom’s vast oil and gasfields, raising questions about Saudi Aramco’s long-term production and revealing a power struggle between the company and the government. Saudi Aramco’s concession agreement with the state has limited the amount of time in […]

Energy: Missing from the Nuclear Story

One of my first memories of watching TV during the early 1950s was ads promoting leaded gasoline for reducing engine knock. Little did I suspect the strange history of that gas. By the beginning of World War I, it became clear that the internal combustion automobile was edging out its rival steam cars and electric cars. Shortly afterwards, Thomas Midgley […]

Iran says it has full control of Gulf, U.S. Navy does not belong there

Iran has full control of the Gulf and the U.S. Navy does not belong there, the head of the navy of Iran’s Revolutionary Guards, General Alireza Tangsiri, was quoted by Tasnim news agency as saying on Monday. Tehran has suggested it could take military action in the Gulf to block other countries’ oil exports in […]

Saudi King Shelved Aramco IPO To Teach Son, Prince Bin Salman A Lesson

Less than a year after Saudi Arabia’s unprecedented monetary shakedown of wealthy princes and other Saudi oligarchs in November 2017, which among others ensnared Prince Alwaleed bin Talal who was an involuntary “guest” at the Riyadh Ritz-Carlton for months – until he emerged a free man after an undisclosed settlement – and also eliminated potential […]

Why World Worries About Russia’s Natural Gas Pipeline

A planned new natural-gas pipeline into Europe from Russia is shaking up geopolitics. Nord Stream 2, as it’s called, worries leaders in Eastern Europe, has stirred the ire of U.S. President Donald Trump and has put German Chancellor Angela Merkel on the hot seat. 1. What is Nord Stream 2? It’s a planned new 1,230-kilometer […]

Bahrain Sees Beyond Oil and Gas, Eyes a Path To Tech Greatness

Offering unique benefits, this Persian Gulf country attracts a wave of tech startups, from food to fintech to fitness. Bahrain 25.930414° N, 50.637772° E view map 1,492,584Population Arabic, EnglishSpoken Language $51,846GDP Per Capita ManamaCapital City Indian tech entrepreneur Amjad Puliyali had worked for a decade in Dubai, but in 2016, he relocated to tiny Bahrain […]

Alaska is witnessing an oil renaissance

Crude oil output at Alaska’s North Slope could increase by as much as 40% in the next eight years. Fewer bureaucratic barriers and recent technology advancement continue to make North Slope popular among oil exploration operators. Alaska has the infrastructure for oil production, and was responsible for almost a fourth of US oil in 1997. […]

Sun 24×7: Calculation of EROEI

Over the past 10 years, solar energy has rapidly moved from “toys” to the most serious projects, and the continuation of the curve of this takeoff promises in the future total domination of this type of generation. Or not? In the attempts to predict here, a lot of copies and major claims have been broken: […]

A Plan to Unlock Billions of Barrels of Oil From Utah’s Sands

Utah is a yawn amid the drilling frenzy that has upended the energy picture in recent years. It accounts for just one of every 100 barrels of oil produced nationwide. But a couple of executives who have spent decades hunting for oil across the Middle East, South America and Canada are betting that the next […]

US of waging ‘psychological war’ against Iran

Iranian FM says the US was targeting Iran and its business partners but Washington would not achieve its goals. Iran’s Foreign Minister Mohammad Javad Zarif has accused the United States of waging a “psychological war” against Tehran and its business partners. US sanctions were re-imposed on August 7, just months after US President Donald Trump […]

Angels in Carbon Paradise

“Being co-evolutionary, Gaia tried to keep pace with our evolution but lately has given that up and gone its own way.” My friend Clinton Callahan plays around with game theory. In his latest communication he says whether we think about it much or not, we all play the game of picking a favorite illusionary paradise. […]

Society Is Made Of Narrative. Realizing This Is Awakening From The Matrix.

In the movie The Matrix, humans are imprisoned in a virtual world by a powerful artificial intelligence system in a dystopian future. What they take to be reality is actually a computer program that has been jacked into their brains to keep them in a comatose state. They live their whole lives in that virtual […]

Energy Department teams up with Bill Gates to move mini-nuclear plants to market

The Energy Department is participating in major push with electric utility Southern and a company founded by Microsoft founder Bill Gates to develop small nuclear power reactors that are less expensive and more efficient than their much larger cousins. “Molten salt reactors are getting a reboot,” the Energy Department tweeted late Wednesday, offering a schematic […]

When and Why the World Went Wrong

What exactly has gone wrong, and when and why? The open, democratic world order based on egalitarian rights and the rule of law — liberalism, for lack of a better term — is under increasing pressure. The signs, serious and less so, are everywhere. The trend has now hit so many nations that the explanation has to […]

Oil-rich Venezuela takes desperate measures to bolster economy

Venezuela, once considered one of the richest countries in the world, is now suffering from skyrocketing inflation, emigration, starvation and political unrest. The national currency, the bolivar, has become almost useless. President Nicolas Maduro blames it on what he calls an “economic war” against his country. His critics say widespread corruption and the government’s mismanagement […]

“Thank God This Is Happening” Russia Says Time Has Come To Ditch The Dollar

With the US unveiling a new set of sanctions against Russia on Friday, Moscow said it would definitely respond to Washington’s latest sanctions and, in particular, it is accelerating efforts to abandon the American currency in trade transactions, said Russia’s Deputy Foreign Minister Sergei Ryabkov. “The time has come when we need to go from […]

Blind Spot and Fuel: a Review of Two Peak Oil Documentaries from 2008

Blind Spot: Peak Oil and the Coming Global Crisis A documentary directed, written, photographed and edited by Adolfo Doring Music by Randall Wallace Produced by Michelle Cicalese, David Gil, Randall Wallace and Amanda Zackem Presented by Wallace Global Fund in association with Dislexic Films Release Date: October 2008 Running time: 1 hour, 26 minutes Fuel […]

Michael Lynch: North To Alaska! The Next Oil Boom

The media was all atwitter about the announcement that Alaska might be the next oil boom province, based on a new report from IHSMarkit which estimated that 28 billion barrels of recoverable resources remain in the Alaskan North Slope (where supergiant Prudhoe Bay lies), as well as significant amounts of natural gas (geologically significant, but […]

An ethical approach to global challenges

What has the power of faith to do with environmental action? A lot, these days more than ever. Think about it: if your community or political representative suggested planting a tree, versus your faith leader, which one would you more likely follow? Chances are, a representative of your faith would outdo the elected official. Increasingly, […]

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