Malthus’s theory, 200 years later

On November 15 of this 2022, humanity reached an unprecedented milestone, as the number of the world’s inhabitants reached eight billion people. This is a turning point in the history of human evolution. Until the beginning of the 19th century, Earth’s population had not reached one billion people. But in less than a century, this […]

Western Civilization Is Ceasing to Exist

I often explain that we are losing civilization. The risks come from many sources.  Among them is the growing risk of nuclear war; the rising police state in which behavior protected by the Constitution is criminalized despite the Constitution; unity supplanted by a Tower of Babel; fomented race and gender hatreds that serve Identity Politics; […]

The U.S. is now energy independent

For decades, politicians have talked about the U.S. achieving energy independence, a seemingly elusive goal of producing enough fuels to avoid relying on the rest of the world to fill up gas tanks and keep electricity flowing. The intrigue: It’s elusive no more. The U.S. produced more petroleum than it consumed in 2020, and the […]

Peak oil is another reason to shun OPEC club

Guyana is the Groucho Marx of oil producers. The comedian famously didn’t want to belong to any club that would accept him as a member. The tiny South American nation is similarly resisting overtures to join the Organization of the Petroleum Exporting Countries, the Wall Street Journal reported on Monday, preferring to pump the black […]

India’s Russian oil buying scales new highs

India’s rising imports of Russian oil hit a record high of about 1.95 million barrels per day (bpd) in May denting purchases from Iraq and Saudi Arabia fell, tanker data from trade and industry sources showed. India, the world’s third biggest oil consumer and importer, buys more than 80% of its oil from overseas markets. […]

Micro-Scale Nuclear Fusion: The Key to Unlimited Clean Energy?

The quest for unlimited clean energy has been a driving force behind scientific research and technological advancements in recent years. As the world faces the growing threat of climate change and the need to reduce our reliance on fossil fuels, scientists have been exploring various alternative energy sources. One of the most promising and intriguing […]

China Completes Its Longest Deepwater Oil Pipeline

China has completed installing its longest deepwater pipeline for oil and gas in a project led by China National Offshore Oil Corporation (CNOOC) Ltd, achieving a breakthrough in the country’s construction capacity for deepwater technology, according to a report from the China Global Television Network (CGTN). The submarine pipeline is a crucial component of the […]

Exxon: New Fracking Technology Can Double Oil Output

The U.S. shale revolution dramatically reshaped the world energy markets. The shale boom was one of the most impressive growth stories, from take off in 2008 to the Permian stealing the mantle from Saudi Arabia’s Ghawar as the world’s highest producing oilfield in a little over a decade.  Overall, Reuters has estimated that, “U.S. petroleum […]

OPEC Excludes Bloomberg, Reuters and WSJ Reporters From Meeting

OPEC hasn’t invited reporters from three major news organizations to cover the group’s meetings this weekend in Vienna. The organization’s secretariat typically gives accreditation to any journalist who wants to cover the meeting at their headquarters. This time, that opportunity wasn’t offered and invitations were sent directly to reporters. As of Wednesday evening, nobody from […]

Oil sands face uncertain future in post-peak world

The long-term prospects for the sector may depend on the rate of decline in global oil consumption Supporters and critics of Canada’s oil sands sector are broadly optimistic in their short- and medium-term outlooks, but they diverge sharply when looking further ahead. In the longer term, proponents are optimistic about Opec+ cohesion and crude prices […]

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