The Fabrics of Society

“Yoga pants are destroying the Earth” Reet Aus We know to avoid plastics because they are made of non-renewable fossil fuels, they are not biodegradable, and they leach hormones and toxic chemicals. What many of us are unaware of is that plastics make up the fabric of our everyday life. Look down at your shoes, […]

America’s Oil And Gas Reserves Double With Massive New Permian Discovery

America’s energy security just got a lot more secure. On November 28 The United States Geological Survey (USGS) published an assessment of continuous (unconventional or ‘tight’) resources in a part of the prolific Permian oil and gas basin that straddles Western Texas and Southeastern New Mexico. Located in the Wolfcamp Shale and overlying Bone Spring Formation, […]

The Great Saudi Muddle

Does the Senate want Crown Prince Muhammad bin Salman to own up to the murder of dissident journalist Jamal Khashoggi?  Is it really seeking an end to Saudi Arabia’s war of aggression against Yemen?  The answer to both questions is: kind of, sort of, not really.  That’s the takeaway from a couple of resolutions the chamber approved […]

On the right path to fusion energy

A new report on the development of fusion as an energy source, written at the request of the U.S. Secretary of Energy, proposes adoption of a national fusion strategy that closely aligns with the course charted in recent years by MIT’s Plasma Science and Fusion Center (PSFC) and privately funded Commonwealth Fusion Systems (CFS), a recent […]

What Will Oil Prices Be In 2019?

After a run up earlier this year, crude oil prices have been collapsing in recent months. Prices dropped nearly 25 percent in November alone, the biggest monthly loss in a decade, as traders stress over a possible glut in global supplies. Record production in the United States, Russia and Saudi Arabia has helped plummet oil […]

Baghdad’s Green Zone opens its gates to public after 15 years

For 15 years, most Iraqis have been unable to access the heart of Baghdad. But the tall concrete walls and barbed wire that have closed off the Green Zone for years are finally coming down. The Green Zone, a 10 square kilometre area in central Baghdad, has been partially open to the public since December […]

Endless War Has Been Normalized And Everyone Is Crazy

Since I last wrote about the bipartisan shrieking, hysterical reaction to Trump’s planned military withdrawal from Syria the other day, it hasn’t gotten better, it’s gotten worse. I’m having a hard time even picking out individual bits of the collective freakout from the political/media class to point at, because doing so would diminish the frenetic […]

IEA’s WEO Presents Three Futures of World Oil Demand

You know the old adage, it takes two to tango. In the global oil market, this means the dance between supply and demand. As analysts and commentators analyzed the recent OPEC agreement to cut global production by 1.2 million barrels per day (Mbd), supply-side dynamics captured the limelight of intrigue. But should supply always steal […]

The Psychological Warfare Behind Economic Collapse

The concept of using the economy as a weapon is not an alien one to most people. Generally, we understand the nature of feudalism and how various groups can be herded onto centralized plantations to be exploited for their labor. Some people see this as a consequence of “capitalism,” and others see it as an […]

Nigeria To Run Out Of Oil In 52 Years

Nigeria To Run Out Of Oil In 52 Years, Says DPR If new crude oil discoveries are not made to add to Nigeria’s current reserves of 36.971 billion barrels (bbls), the country will run out of oil in about 52 years, the Department of Petroleum Resources (DPR) has disclosed. The DPR also explained that the […]

Exxon asks EPA to regulate methane emissions from oil and gas

Flames from a flaring pit near a well in the Bakken Oil Field in North Dakota. Photo: Orjan F. Ellingvag/Corbis via Getty Images ExxonMobil Corp., the world’s biggest publicly traded oil company, is calling on the Environmental Protection Agency to regulate emissions of methane from all new and existing oil and gas wells across the […]

Saudi Energy Minister Confident that OPEC+ Will Extend Cuts in 2019

OPEC, Russia and other oil producers will continue to trim production next year to balance the market, according to Saudi Arabian Energy Minister Khalid Al-Falih. “We will meet in April and I’m certain that we will extend it,” Al-Falih told reporters in Riyadh, referring to the next meeting of OPEC+ members to discuss whether to […]

This Isn’t News. This Is War Crimes Apologia.

The fact that George W Bush has given Michelle Obama two pieces of candy is once again making headlines in mainstream outlets like Time, The Hill, and Newsweek. He has not given her any new pieces of candy since the last time he did so at his father’s funeral. He also has not ceased to […]

Iran Claims It Holds The Most Oil, Gas Reserves In The World

Despite the U.S. sanctions, Iran continues to explore and discover new oil and gas reserves and now ranks “first in terms of oil and gas reserves in the world,” Iranian media quoted Seyyed Saleh Hendi, head of exploration at the National Iranian Oil Company (NIOC), as saying. “Based on our Five-Year Development Plan, we have […]

The challenges of water scarcity

Water scarcity is a global challenge with rapid population growth around the world placing extreme pressure on finite water resources. The United Nations forecasts the world’s population will increase from seven billion today to 9.7 billion by 2050, leading to a 55 per cent increase in demand for water. As a result more than 40 […]

The Flight from Nature

A couple of weeks ago one of my readers pointed me to an op-ed piece on climate change by Canadian journalist David Moscrop, titled “It’s time for climate change defeatists to get out of the way.” If you’ve watched the slow-motion train wreck of climate change activism for more than a year or two, you […]

The path to the Global Depression

The world economy has never faced a more perilous situation. While many have just started to debate whether a recession will start in 2019 or 2020, very few perceive the ’black hole’ the global economy is about to get sucked into… The hole has two main “gravitational forces”: the wide-spread mispricing of risk and stagnating […]

Oil Plunge Threatens to Leave Even Parts of Permian Under Water

The plunge in U.S. oil prices has wells in some parts of the Permian Basin below break-even levels, threatening to put the brakes on the record flow from the prolific field. Oil produced from the Permian in Midland, Texas, is now trading below $40 a barrel for the first time since August 2016, according to […]

Historical and Social Reasons Why Sacrifice As a Plan Fails

There were some emails about my article about being able to feed 40 billion people with today’s agricultural productivity. I indicated that I had many articles about food, energy, water, and ecosystems. I know food, energy, water, and ecosystems are connected. I have thousands of articles going through it in detail. Let me discuss my […]

“Saudi Arabia Is Going Bankrupt” Taleb Exclaims After Seeing Kingdom’s Latest Budget

In all the noise surrounding the latest market moves, political news and frenzy over tomorrow’s Fed rate hike (or pause), an important development was missed by many when Saudi Arabia released its budget for 2019 earlier on Tuesday, which at 1.106 trillion riyals, or $295 billion – the largest in the kingdom’s on record – […]

How We Grow and Eat Food Is Going to Kill Us All

A years-long study of global food production shows that the entire system is insane. Over the weekend, more than 200 nations reached an agreement for reducing greenhouse-gas emissions over the coming decades. Even without U.S. participation, it’s a significant step in affirming the Paris climate accord. Unfortunately, it’s still only a small step toward the […]

Buenos Aires takes on the car, and it’s not alone

The global effort to reduce reliance on gasoline and diesel may be fought on the streets of the world’s cities. In Buenos Aires , officials are making it easier to get around by bike and public transport, even on foot, to reduce car traffic and fight climate change. “We are increasing the level of service […]

Richard Heinberg: The Big Picture

Humanity has a lot of problems these days. Climate change, increasing economic inequality, crashing biodiversity, political polarization, and a global debt bubble are just a few of our worries. None of these trends can continue indefinitely without leading to a serious failure of our civilization’s ability to maintain itself. Taken together, these metastasizing problems suggest […]

Mexico Targets 50% Jump in Oil Output

Mexico aims to lift oil and gas production by almost 50 percent in the next six years and in January will award infrastructure and drilling contracts to develop 20 fields, state oil firm Petroleos Mexicanos said on Saturday. Octavio Romero, chief executive officer of the company generally known as Pemex, said the new government would […]

Will peak oil save Earth’s climate?

This year, international delegates gathered in Katowice, Poland for the thirty-second international climate meeting in 40 years. As they dithered over whether they should “welcome” or “note” the 1.5°C pathways report they had commissioned, our world was on pace to set another all-time record of 10.88 billion tonnes of annual carbon emissions. Carbon-dioxide in our […]

Too Many People Heating Up the Planet

The Trump Administration released the Fourth National Climate Assessment on Friday November 23, which concluded: “time is running out” to correct a coming climate catastrophe. Make no mistake about it, the only reason they released it at all is because publication was mandated by law. The conclusions in Climate Assessment #4 are, to say the least, […]

Brexit: Stage One in Europe’s Slow-Burn Energy Collapse

Everyone’s talking about Brexit. Some about the French riots. But no one’s talking about why they are happening, and what they really mean. They might think they are, but they are usually missing the point. On 6th May 2010, the Conservative Party took the reins of power for the first time since 1992, propped up […]

What Would The End Of OPEC Mean?

The Organization of the Petroleum Exporting Countries – the oil market institution that has exerted an unyielding power over the price of crude for nearly 60 years – is now in deep crisis. The latest OPEC meeting in Vienna offered new insights into the cartel’s raging civil war that is tearing it apart and threatens […]

At UN, Gore Demands “Ubiquitous” Population Control for Climate

KATOWICE, Poland — Amid freezing temperatures and heavy snowfall, former U.S. Vice President Al Gore arrived at the United Nations COP24 “climate change” summit to preach about a looming “dark age” and a “hell on earth” if humanity refuses to accept his solutions to alleged man-made global warming. “It is real!” Gore (shown) pleaded Wednesday. […]

Global oil supply to tighten quickly in 2019

The Paris-based IEA kept its 2019 forecast for global oil demand growth at 1.4 million barrels per day. The global oil market could move into deficit sooner than expected thanks to Opec’s output agreement with Russia and to Canada’s decision to cut supply, the International Energy Agency said on Thursday. The Paris-based IEA kept its […]

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