Why We Need Innovative Nuclear Power

In 2006, Bill Gates and I took a hard look together at all the options humanity has for powering the 21st century. At that time, 81 percent of the world’s primary energy—the raw form, before it is converted to electricity, gasoline, etc.—came from fossil fuels. Back then, you might recall, oil prices were soaring. Many […]

Transition US Honors Movement Leaders

As part of “Unleashing the Collective Genius: Celebrating 10 Years of Transition in the US!” the first national online summit hosted by Transition US on October 27, 2018, members of the Transition US Collaborative Design Council presented seven awards to 10 individuals and organizations who have made significant contributions to community resilience-building efforts here in […]

Oil Trades Near $62

Oil was steady after eight days of losses as investors weighed the potential outcome of an OPEC meeting this weekend against a bigger-than-expected gain in American crude stockpiles. Futures in New York were little changed, after an 8.8 percent drop since Oct. 26. The Organization of Petroleum Exporting Countries and its allies may discuss the […]

UAE and Saudi join major Arab military drills in Egypt

The armed forces of the UAE, Saudi Arabia and four other Arab states began a joint training exercise in Egypt this weekend in the first major drills of what may become a regional military alliance to counter Iran. Alongside the UAE, Saudi Arabia and Egypt, Jordan, Bahrain and Kuwait are taking part in the 16-day […]

Major Math Error Puts Widely-Cited Global Warming Study On Ice

An widely-circulated study which concluded that global warming is far worse than previously thought has been called into question by a math error, reports the Daily Caller‘s Michael Bastasch. Princeton scientist Laure Resplandy and researchers at the Scripps Institution of Oceanography concluded in October that the Earth’s oceans have retained 60% more heat than previously thought over […]

Why we get bad diagnoses for the world’s energy-economy problems

The world economy seems to be seriously ill. The problem is not overly high oil prices, but that does not rule out energy as being a major underlying problem. Two of the symptoms of the economy’s malaise are slow wage growth and increasing wage disparity. Tariffs are being added as solutions to these issues. Radical […]

Tree Teachings: How Fossil Fuels and Climate Change Are Altering the Global Forest

Aerial survey showing dead and dying trees in California, August 2016. Climate change is killing off trees in several ways. Photo by Pacific Southwest Region 5 / CC BY 2.0. The world’s most ancient trees are failing. And their demise is telling us something about the dramatic impact of climate change on the natural world, […]

The Twilight of the Intelligentsia

I promise, I didn’t time this sequence of posts so that this one would come out the morning after one of the most bitterly fought midterm elections in memory.  Nor, of course, did I have advance notice of the outcome, though it wasn’t a surprise to me that the much-ballyhooed “blue wave” would flop as […]

Oil Could Hit $100 If Supply Crunch Worsens

Oil prices are likely to be “biased to the upside” for the rest of the year as demand from refineries rises in November and December, according to Citigroup Inc. An average price of $80 a barrel for this quarter is “realistic,” with spikes to $90 or even $100 possible if further disruptions worsen a supply […]

So Much for King Hubbard’s “Peak Oil” Theory

When M. King Hubbard concluded in 1956 that the world would shortly run out of oil, his theory was adopted by environmentalists and government meddlers as the basis for interference in the energy business. Hubbard’s theory initially predicted that U.S. crude oil production would peak at around 1970. Revisions to the theory pushed the peak […]

Iran able to sell as much oil as it needs despite US pressure

Iran has been able to sell as much oil as it needs despite U.S. pressure, Iranian Vice President Eshaq Jahangiri was quoted as saying on Tuesday. The United States on Monday restored sanctions targeting Iran’s oil, banking and transport sectors and threatened more action to stop what Washington called its “outlaw” policies, steps Tehran called […]

Army Major Exposes The US Military’s Empire Of Secrecy

“Democracy dies in darkness.” That’s an old saying that The Washington Post recycled as its motto at the dawn of the Trump era. Truth is, the journalists at the Post don’t know the half of it; nor do they bother to report on the genuine secrecy and increasing lack of transparency in the Department of Defense. […]

Iranian marchers chant “Death to America” on eve of US oil sanctions

Iranians chanting “Death to America” rallied on Sunday to mark both the anniversary of the seizure of the U.S. Embassy during the 1979 Islamic Revolution and the imminent reimposition of U.S. sanctions on Iran’s key oil sector. Thousands of students in the government-organised rally in the capital Tehran, broadcast live by state television, burned the […]

Ex-Pentagon Official: US Working To Replace Saudi Prince

Following outrage over the killing of Jamal Khashoggi, Prince Mohammad bin Salman might face troubles at home. As analysts told RT, some in Saudi Arabia are keen to see the Crown Prince go. Much of the mounting international outrage over the murder of journalist Jamal Khashoggi is attributed to Mohammad bin Salman, the 33-year-old Crown […]

Hope from Havana

Where I am staying in Havana there is no internet. There is an international hotel within walking distance where you can buy minutes for a few CUCs. Internet access, like travel for USAnians, was looking promising not too long ago as Cuba and the US embarked upon a slow reconciliation process. Hotel and restaurant developers […]

Erdogan blames Saudi state for Khashoggi murder

Turkish President Recep Tayyip Erdogan has said the order for journalist Jamal Khashoggi’s killing came from the “highest levels” of the Saudi government but said he does not believe King Salman ordered the hit. In an opinion piece in the Washington Post, Erdogan said that Saudi Arabia still has many questions to answer about the […]

Responding to Collapse, Part 2: Climate Change

Discuss this article at the Environment Table inside the Diner       These squash just climbed up and helped themselves to a seat. The title for this series of posts started out as “Preparing for collapse”, but in my last post I immediately went into a rant about how I see a hard, fast, […]

Crude’s Collapse & The ‘C’ Word

Why aren’t more people talking about this? It’s a huge development and nary a peep anywhere. The mainstream media is filled with baited expectations for 3% wage growth on Payroll Friday. All eyes are on the labor market, which is a lagging indication, instead of on the oil market, which is forward looking. As of […]

US Is Said to Offer an Iran Sanctions Oil Waiver to 8 Nations

The U.S. has reportedly agreed to let eight nations continue to buy Iranian oil after trade sanctions are reimposed on the nation on Nov. 5. Bloomberg’s Stuart Wallace reports on “Bloomberg Markets: European Open.” (Source: Bloomberg)

Russian Oil Output Nears All-Time High

Russian oil production moved closer to an all-time high before the nation meets with OPEC partners to discuss future supply. The country’s crude and condensate output averaged 11.412 million barrels a day last month, according to data from the Energy Ministry’s CDU-TEK unit released Friday. That’s about 160,000 barrels a day more than two years […]

Venezuelans Face Gasoline Shortages

Cars, motorcycles and buses wrapped around Caracas’ gas stations earlier this week as oil production and refining becomes increasingly erratic in the former petro giant. The fuel shortages have expanded across the country as Petroleos de Venezuela SA’s refineries run at the lowest rates seen this year amid a lack of crude oil and as […]

Michael Lynch: A Better Approach to Conventional Oil Exploration

The advent of commercial production of oil and gas from shale has made geological risk seem, to many, a thing of the past. But the history of oil exploration is one of trying to overcome the odds; for small companies, one too many dry holes means failure and substantial amounts of research and effort have […]

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