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Egypt looks to secure LNG production and supply

Consumption

With its significant reserves of liquefied natural gas (LNG), Egypt has been a key exporter for regional consumers over the past decade but with growing domestic consumption and a number of fiscal constraints, the country has been looking to secure additional supplies by expanding LNG capacity. In May the Egyptian government signed a letter of […]


Only 5% of the world’s population have ever been on an airplane

Only 5% of the world’s population have ever been on an airplane thumbnail

Though the aviation sector is growing rapidly, according to the statistics only 5% of the world’s population has ever flown on an airplane. Many people, especially from the underdeveloped regions, have never ever been in an aircraft and it is not likely that they will have an opportunity to fly in all of their lives. […]


Oil experts say demand will stay high

Consumption

Every year in August there is a week-long event — “The Oil & Gas Conference.” It draws an international audience and by most accounts EnerCom is the best on the schedule. This year 118 companies made presentations. If I could only hear one presentation, and attend one breakout session, I’d choose Netherlands-based Core Labs — […]


Understanding Economies of Scale

Understanding Economies of Scale thumbnail

This week’s podcast epsiode, the Failure of Permaculture, has created a lot of debate and some controversy. A first point is expressed in the below quote from @ajtarnas. “The podcast doesn’t include any case studies of permaculture or agroforestry projects failing, it shows cases of small farmers (two of whom were hobby farmers) failing. Bren […]


Russia-China Deal Will Supply Siberian Natural Gas to China’s Northern, Eastern Provinces

Russia-China Deal Will Supply Siberian Natural Gas to China’s Northern, Eastern Provinces thumbnail

Source: U.S. Energy Information Administration, International Energy Outlook 2013, IHS Energy, Eastern Bloc Research Note: Volumes shown for Russia-China gas deal assume minimal contract obligations. Increases in these volumes will lessen the amount needed from LNG imports and other contracts. China’s natural gas demand has been growing as the government seeks to move away from […]


Turn natural gas into gasoline for $1 per gallon

Turn natural gas into gasoline for $1 per gallon thumbnail

The clear liquid flowing from a collection of pipes and wires in a Hayward industrial park smells just like gasoline, and for all practical purposes, it is. But it wasn’t made from crude oil. Instead, it came from natural gas, the fuel whose sudden abundance in America is reshaping the country’s energy landscape. Siluria Technologies says it […]


Peak Oil & Climate Change Solutions: Permaculture

Peak Oil & Climate Change Solutions: Permaculture thumbnail

http://localfuture.org Permaculture or “permanent culture” offers an opportunity to address climate change, peak oil, and financial instability. Permaculture educator Nathan Ayers explains the roots of permaculture, how it addresses peak oil and climate change, its connection to transition towns and sustainability, and the guiding permaculture principles. This is part two of two of a 30-minute […]


Italy: the story of the donkey and the economist

Italy: the story of the donkey and the economist thumbnail

Italy’s “Energy Efficiency” plotted as a ratio of the GDP (constant dollars) to the energy consumption (data from the World Bank) There is an old story in Italy (but also in other Mediterranean regions) that tells of a man who tried to train his donkey to work without food. So, he gradually reduced the beast’s […]


Chinese Coal Consumption Just Fell For The First Time This Century

Chinese Coal Consumption Just Fell For The First Time This Century thumbnail

Sources: Compiled from China National Bureau of Statistics and China National Coal Association statistical releases. There may be a light at the end of the long dark tunnel: It appears China’s coal boom is over. While positive signs have been emerging from China for well over a year, it appears the ‘war on pollution‘ is […]


Peak Oil means the loss of knowledge

Consumption

David Schutt discusses the results of what he believes will be the impending deindustrialization of human society that will be caused by ‘peak oil’, the end of inexpensive and easily accessible fossil fuels – WATCH THE ENTIRE INTERVIEW – http://bit.ly/schutt The context for this video is an article published in Haaretz newspaper on July 8, […]


Natural Gas as A Fuel for Trucking Failing to Deliver

Natural Gas as A Fuel for Trucking Failing to Deliver thumbnail

Much has been made of the potential for natural gas as a fuel for the trucking and rail industries. The dramatic fall in natural gas prices in recent years has spurred investment in refueling stations for the road trucking industry and forced the rail industry to review their position regarding the economics of using natural […]


Tanzania: Why Gas Outshines Other Sources of Energy

Consumption

FIREWOOD is a common source of energy in rural areas. Charcoal is abundantly used in urban area but have both a negative environmental repercussion. (File photo) MORE gas discoveries are being made but experts are showing concern over more focus on short-term benefits and are advising the government to also focus on increasing local consumption […]


Energy And The Economy – Twelve Basic Principles

Energy And The Economy – Twelve Basic Principles thumbnail

There is a standard view of energy and the economy that can briefly be summarized as follows: Economic growth can continue forever; we will learn to use less energy supplies; energy prices will rise; and the world will adapt. My view of how energy and the economy fit together is very different. It is based […]


Russian Oil Flows East as Relations With West Sour

Consumption

As Moscow’s relations sour with the West, Russia’s energy sector is pivoting to Asia, with oil exports to the region jumping to record highs and analysts predicting a boost for some Asian energy companies. Russia has sent more than 30% of its oil exports—more than 1.2 million barrels a day, the most ever—to Asia this […]


Forget Peak Oil, We’re At Peak Everything

Consumption

The idea that we’re running out of oil may have faded slightly from the list of concerns, but that’s just one of any number of precious natural resources we’re using up far too quickly. Peak oil is the concept that new discoveries of commercially exploitable oil resources do not keep pace with growing demand. By […]


Crude Oil Prices Fall, But Relief For Consumers Limited

Consumption

Grain and crude oil supplies are growing and weighing on futures prices, but the impact on consumers may be limited as other factors remain in the marketplace. Grain prices fell sharply in the past few months in anticipation of a huge U.S. harvest this fall, and news from the U.S. Department of Agriculture did not […]


Next energy revolution will be on roads and railroads

Consumption

From modest beginnings in the Barnett shale beneath the city of Fort Worth, unnoticed by most energy analysts, horizontal drilling and hydraulic fracturing spread across North America and transformed all aspects of the energy landscape in under 10 years. Now the most important question for energy analysts is what technology will revolutionize the system next. […]


Is Sub-$100 Oil the New Normal?

Is Sub-$100 Oil the New Normal? thumbnail

Even with conflicts sprouting up in the Middle East between Israel and Gaza, along with Northern Iraq, crude oil has managed to find itself well below the $100 per barrel mark. What happened to all those magazine covers that were plastered with fears of “peak oil” and oil crippling our economy at $200 a barrel? […]


Peak mileage and the diminishing returns of technology

Peak mileage and the diminishing returns of technology thumbnail

Peak mileage and the diminishing returns of technology This graph, from “economonitor,” is very interesting because it contains so much relevant information. (However, note one detail: the title of the graph, “Miles Driven” is somewhat misleading; it should be “mileage”, as the text of the post clearly says.) The relation of mileage to hourly wages […]


Can Walkable Urbanism Boost the Economy?

Can Walkable Urbanism Boost the Economy? thumbnail

Has the United States finally reached peak sprawl? Recent research, including a new study out of the George Washington University School of Business, suggests that the end of the era of automobile-oriented suburban growth is upon us. In Foot Traffic Ahead: Ranking Walkable Urbanism in America’s Largest Metros [pdf], Christopher B. Leinberger and Patrick Lynch […]


The “sharing” economy and its impact on raw materials

Consumption

What would happen if the American consumer, the most voracious buyer the world has ever seen, becomes more efficient at purchasing? That is the question that could shape our future economics as the sharing of goods and services continues to proliferate with the aid of smart phones and social media. Will ride sharing services like […]


Robert Rapier: Why Natural Gas Prices Collapsed

Consumption

Over the course of the next two columns, I plan to finish up the recent look at BP’s Statistical Review of World Energy 2014. The final two columns will focus on renewable energy, and carbon dioxide emissions. Today I want to provide an update on the natural gas picture, as prices declined sharply at the end […]


Oil prices hit nine-month low on IEA ‘glut’ warnings

Oil prices hit nine-month low on IEA ‘glut’ warnings thumbnail

Oil prices have fallen to a nine-month low as surging supply from Opec and the US floods the market and fresh demand wilts, leading to an “oil glut” in the Atlantic region despite the twin crises in Iraq and Russia. The International Energy Agency (IEA) cut its forecast for the rise in global consumption to […]


Can Europe Survive Without Russian Gas?

Consumption

The western world has placed many sanctions on Russia and its economy. However, Russia holds major leverage over Europe; it has oil and Europe needs it (and may just do a ‘deal’).     Source: Visual Capitalist As Saxo Bank notes, Tensions rise in Eastern Europe, as the western world hits Russia with new sanctions. […]


The Long Descent – Peak Oil And Decline

Consumption

Western Decline Paradigm Redux The current re-edited version of “The Long Descent” from New Society Publishers, by John Michael Greer was first published in 2008 when things looked mighty different for many things, including the economy. In 2008 oil briefly hit $147 per barrel in Nymex trading. Using the doctored US official CPI figures we […]


Sprawling From Grace

Consumption

For as long as most Americans can remember the car has been the embodiment of the American dream. But with more than 250 million cars and trucks on the road, Americans have become slaves to this freedom. How can we reverse the ravages of suburban sprawl?


SUV Back in Vogue

SUV Back in Vogue thumbnail

SUV redux Until the second half of the 2000s, big SUVs were undisputed road royalty in the United States. But then Katrina and her sisters made gas prices spike by destroying oil infrastructure in the Gulf of Mexico and the Great Financial Crisis made the economy tank, forcing a lot of people to downsize. Add […]


Peak Driving

Peak Driving thumbnail

Pundits have talked about peak oil and peak water, and peak nearly every finite resource. A peak in certain behavior is suggestive of a potential social shift. Paul Kedrosky at Bloomberg tweeted this Great Graphic from dshort.com.   It shows the change in miles driven by Americans adjusted for population.  It peaked in June 2005, and […]


Stop Growing or Meet the Four Horsemen?

Stop Growing or Meet the Four Horsemen? thumbnail

I took some time off from writing this summer, as I was busy getting unmarried and moving back to my original home, Florida. Don’t ever change your name—it’s a real hassle to change it back, from Logan to Odum. The divorce was quite amicable, after almost 40 years together, and Alaska provides few obstacles to […]


Megan Quinn Bachman – Peak Oil, Community & The Future

Consumption

Megan Quinn Bachman – Peak Oil, Community & The Future


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