Experts See Big Changes in World Energy Market

As world population grows so does the demand for energy, driving fierce competition for diminishing resources. Many energy experts believe world oil production will soon peak and no alternative energy has been developed that can fill the demand. But at a forum held this week in Houston, energy experts examined trends that could radically transform […]

Auto Sales – The Next Bubble

Peak oil is the point in time when the maximum rate of global petroleum extraction is reached, after which the rate of production enters terminal decline. This concept is based on the observed production rates of individual oil wells, projected reserves and the combined production rate of a field of related oil wells. The aggregate […]

Rebecca Gerendasy: David Korten: Capitalism, Democracy, and Food

In this video interview, David Korten, noted author, and co-founder of Yes! magazine shares his views on the importance of building local, community-based economies, in which sustainable agriculture has a key role to play. Korten explains that our existing industrial agriculture system receives essential public subsidies (and tax support) that offset the real costs of energy, and food production. […]

Military thinktank urges US to cut oil use

An influential military thinktank is urging America to cut its oil use by 30% over the next decade, as a national security imperative.   In its report, the Military Advisory Board said the US should aim to drastically reduce its energy imports over the next decade – or else risk exposing the economy to devastating oil price shocks.   […]

US Oil Consumption

It’s been a while since we’ve checked in on US oil consumption.  The above graph shows the EIA’s data since 2000 – both the weekly and the monthly series.  The monthly series is believed to be more accurate, but the weekly series is more up to date – going through the week before last, versus […]

Oil Puts the Squeeze On the Economy

Peak Moment 204: This turbulent, troubled global economy is precisely what Chris Martenson predicted in early 2010, “When Exponential Meets Reality” (episode 166). He asserts that we can no longer look at the economy without factoring in the terminal decline of its master resource — oil. The author of “The Crash Course: The Unsustainable Future […]

Orvlov: Stages of Collapse Revised: Joined at the Wallet

My neat and tidy taxonomy of collapse, “The Five Stages of Collapse,” has been read more than 70,000 times just on my blog alone since I first published it in February of 2008. It continues to be popular: there were over 10,000 hits to the page in the last year alone. People must still be […]

Preparing for Peak Oil

One family prepares for “peak oil” by converting their home to a net-zero solar powered home. The world oil supply crisis may cause global inflation, unemployment, and depletion of other energy sources.

Cheap Oil Isn’t Coming Back

As the world urbanizes, demand for oil could outstrip many nations’ abilities to get it out of the ground. Most new discoveries have been made in difficult territory, where the costs of extraction dwarf inexpensive Middle Eastern crude. Consumers may have to get used to high prices at the pump, with or without the threat […]

Carsharing The Future Of Driving? GM, Ford, Toyota Say Yes

Earlier this month, General Motors announced it will help millions of GM vehicle owners to rent out their cars. The new peer-to-peer car sharing service—a partnership with a start-up company called RelayRides—is intended to “reduce traffic congestion in America’s largest cities and address urban mobility concerns,” according to Stephen Girsky, GM vice chairman. What?! GM is encouraging people to reduce […]

Why Are Millions Of Preppers Preparing Feverishly For The End Of The World As We Know It?

In America today, there are millions of “preppers” that are working feverishly to get prepared for what they fear is going to happen to America.  There is a very good chance that some of your neighbors or co-workers may be preppers.  You may even have noticed that some of your relatives and friends have been […]

China oil demand analysis: higher, yet slower

Year-on-year, Chinese oil demand continues to rise. But that annual comparison continues to decline just a little bit each month. September was no different. You can read about Platts’ analysis of the data here.

Are We Running Out Of Resources?

A few facts from Steve Horwitz, PhD St. Lawrence University

Toyota’s Jim Lentz Predicts Peak Oil by 2020

The Future of the Auto Industry with Toyota’s James Lentz

U.S. hunger problems worse than China

What happened to the once robust America, what about the world-famous ‘American Dream’, in which the USA once promised the possibility of prosperity and success for both its citizens and immigrants from around the world? The Obama administration should explain such failures to the American public. Hit by the global recession 2008-2009 and now the […]

The Role of Energy in Economic Growth

Ecological economist David Stern recently wrote a paper on the importance of energy for economic growth aptly titled ‘The Role of Energy in Economic Growth’. His overview paper follows a long chain of biophysical research on this topic from Schumpeter in the 50s to Georgescu-Roegen in the 70s to Herman Daly, Charles Hall, Cutler Cleveland etc. in the present day. This type […]

Jeff Rubin: Peak oil is about price, not supply

Heading down to Washington to speak at the Association for Peak Oil-USA‘s Truth in Energy conference on Nov. 2, I sense a general malaise within the peak oil movement. The pequists, as they have become known, appear to be on the defensive these days as they once again roll back their dating of the dreaded […]

Peter Bane – How I’m Preparing for the Local Future: Permaculture

Permaculture – (n) agricultural system or method that seeks to integrate human activity with natural surroundings so as to create highly efficient self-sustaining ecosystems Educator Peter Bane is preparing for the local future, beyond the global economy and after peak oil. Bane’s talk is the story of the history of permaculture, and how he has […]

Countdown to $100 oil – no normal recession

David Cameron describes the economic downturn as “no normal recession” UK Prime Minister David Cameron to party conference, 5th October 2011. This is the fourth post in the series following the oil price, markets and general health of the global economy examining the simple theory that OECD recession may result from annual average oil price exceeding $100 […]

The worsening oil crisis and views of a German military think tank

The global economic crisis shows no sign of significantly abating, with extremely sluggish growth and sometimes economic contraction occurring across Europe and the US in particular. While the problem of credit remains the main focus of economists, there is also another factor to consider that many seem to have overlooked. The world is running out […]

Reducing Ireland’s Oil Dependence: some initial thoughts

The recent ASPO/SEAI event, which was headlined by a presentation from the IMF on Chapter 3 of their April 2011 WEO, has prompted some further thinking on the issue of Ireland’s strategy for risk management and resilience building. Probably the most important statement by Dr. Kumhof was If there is a non-negligible risk of future oil scarcity in the near […]

High bills force more UK homes into ‘fuel poverty’

Higher energy bills forced an extra 1m British households into “fuel poverty” in the space of a year, according to an official study. Calculations by the Department of Energy and Climate Change, published on Thursday, showed a rising number of households compelled to spend at least 10 per cent of their annual incomes on natural […]

Peak oil and agriculture issues (A Farm For The Future)

Peak oil Farm Extract fom : A Farm For The Future

Heinberg: Our Problems are Resolvable In Principle

Here’s a fact that’s hard for most Americans to swallow: economic growth is over. Given the finite nature of our planet and its resources, the recent trend of global economic expansion was destined to end. No stimulus package or slashing of social programs is going to flip the economy back to an expansionary trajectory. We’ve hit […]

On the cusp of collapse: Complexity, energy & the globalised econom

      The systems on which we rely for our financial transactions, food, fuel and livelihoods are so inter-dependent that they are better regarded as facets of a single global system. Maintaining and operating this global system requires a lot of energy and, because the fixed costs of operating it are high, it is […]

Food Prices Set to Rise Further

 Food price volatility featuring high prices is likely to continue and probably increase next year, making poor farmers even more vulnerable to poverty and food insecurity, the global report on food insecurity released Monday by the United Nations’ three Rome-based food agencies predicts. Small, import-dependent countries, particularly in Africa, are especially at risk. “Many of […]

China’s LNG demand questioned

The Australian has a stunningly suspect article downplaying the prospects for Australian LNG exports to China. Given that these LNG projects only get built when long term supply deals are signed with Asian customers (who often take an equity stake in the projects) its hard to understand the motive here (no pipeline from Russia seems […]

Kunstler: Occupy Everything

“Recession Officially Over,” The New York Times’ lead headline declared around 7 o’clock this morning. (Watch: they’ll change it.) That was Part A. Part B said, “US Incomes Kept Falling.” Welcome to What-The-Fuck Nation. I suppose if you include the cost of things like the number of auto accident victims transported by EMT squads as […]

Nicole Foss – How I Prepared My Home for Peak Oil and Economic Uncertainty

Nicole Foss, senior editor of financial blog The Automatic Earth, where she writes as Stoneleigh, describes her personal preparation for peak oil and economic uncertainty. Foss returns to North America in November 2011 for the International Conference on Sustainability, Transition and Culture Change: Vision, Action, Leadership organized by Local Future non-profit, and directed by Aaron […]

Anatomy Of A Food Price Spike

        I have been posting updates on the most recent, global food price spike since February 2011 – most recently in June.  Yesterday, the Food and Agriculture Organization of the UN (FAO) released its most recent data on the prices of food in international trade.  As seen in the graph above, the overall index and its various components […]

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