The Rotten State of U.S. Oil Reserves

Bryan Mound, nestled in a 500-acre marshland south of Houston, is among the heavily guarded salt caverns on the Gulf Coast of Texas and Louisiana. There, the government keeps the national emergency oil stash, known as the Strategic Petroleum Reserve (SPR), stored more than 2,000 feet underground. The pipelines at Bryan Mound are capable of […]

The Humanity Party

Anons throughout the world united together to form a first-of-its-kind Anonymous Political Party they have named The Humanity Party®, http://www.humanityparty.com. In March of 2015, various Anons discreetly met via the Internet and Skype to vote on a Board of Directors to lead the movement. The Board appointed one of its Anons as its Voice of […]

Low Oil Prices Fuel Reconsideration Of Petroleum Reserves

The U.S. Department of Energy is considering the future of a public asset worth tens of billions of dollars: the Strategic Petroleum Reserve. The SPR was created after a 1973-’74 oil embargo of the United States and other countries. Arab oil-producing countries stopped selling crude to the U.S. because they were upset over its support […]

What happens to oil if there’s a Brexit?

If the U.K. public votes to leave the European Union (EU) on Thursday, Societe Generale’s head of oil market research predict the price of would fall — but not for long. In the week leading up to the vote, global markets are firmly focused on the British vote on EU membership with a positive reaction […]

Kunstler: Burnt Toast

At a most troubled moment in history, both major political parties appear set to nominate time-bomb candidates for president with a fair percentage chance of blowing up their own campaigns and the parties themselves. We’ve been living in the era of anything goes and nothing matters — that is, the era of no consequences — […]

Noam Chomsky on the Breakdown of American Society and a World in Transition

The US is facing uncertain times. While it remains the only global superpower, it is no longer able to influence events and outcomes to its liking, at least not for the most part. Frustration and worry about the risk of upcoming disasters seem to far outweigh US voters’ hopes for a more rational and just […]

Our Fossil-Fuel Economy Destroys the Earth and Exploits Humanity

I am a Mexican immigrant and a senior at Columbia University who’s been organizing around fossil fuel divestment since freshman year. Two years ago, I had a bit of a crisis. I suddenly felt disillusioned with the movement—not with the tactic of divestment, but rather with the fact that national campaigns were solely focused on […]

Deaths, arrests as looting erupts in Venezuela

Venezuelan police have arrested hundreds of people as the country’s food crisis erupted into deadly looting this week, heightening hardship and political uncertainty in the impoverished oil-producing nation. Dozens of bakeries, supermarkets and hardware shops were looted on Tuesday in the eastern city of Cumana, the latest flashpoint in a crisis that has killed at […]

France Turns Up the Heat

In this report, we catch up with some of the recent developments in France, where the Nuit Debout movement is going strong, workers everywhere are going on strike, and a growing, decentralized movement is turning into a laboratory for innovative street fighting tactics. And to top it all off… Euro2016 is just starting!

A rare tour of the Strategic Petroleum Reserve

The world’s largest emergency stockpile of crude oil is quickly falling apart. The stockpile’s infrastructure, which currently stores 695.1 million barrels at four sites along the US Gulf Coast, is nearing the end of its design life and in need of a roughly $2 billion makeover, US Department of Energy officials claim. “We’ve had several […]

BLOCK EVERYTHING

This week we catch up on the multi-layered insurrection taking place in France, where the state is struggling to get a handle on things, amidst regular protests, strikes, fuel shortages, and the general drunken chaos of soccer hooliganism. If you love what we do, consider supporting us! For the musical break, we’ve got Skalpel (of […]

Powerful Saudi prince to meet Obama

Saudi Arabia’s powerful deputy crown prince flew to the United States on Monday for meetings with U.S. President Barack Obama and U.N. Secretary-General Ban Ki-moon, Saudi media reported. The visit of Mohammed bin Salman, whose powers include his role as defense minister, comes amid a diplomatic row with the United Nations and policy differences with […]

Noam Chomsky, Tick… Tick… Tick…

He hadn’t been in office three months when he went to Prague, capital of the Czech Republic, and delivered remarks on the world’s nuclear dilemma.  They proved to be of a sort that might normally have come from an antinuclear activist or someone in the then just-budding climate change movement, not the president of the […]

Is oil industry’s doom approaching?

The chorus of doom surrounding the financial future of the oil sector added another voice last week, the consulting firm McKinsey & Co. The firm revised earlier rosy predictions and is now forecasting that global oil demand could peak in 2030 if electric cars gain momentum and the world shifts to more recycled plastic, a […]

Hot Brain Cool Brain

“Voting these days is like choosing between the hot faucet and the cold faucet, but only the hot faucet works.“   Lion and wolf cubs, when they learn to stalk prey, learn fairly quickly that they must delay the urge for immediate gratification if they are to be successful. They have to cultivate patience. Babies […]

Anti-petroleum alarmists’ plans to soak oil companies

The oil and gas industry was born in Pennsylvania on Aug. 27, 1859, when Edwin L. Drake drilled the world’s first commercial oil well. A critic said Drake should leave the oil underground because it was needed to fuel the fires of hell, and to pump it out would protect the wicked from their eternal […]

Bilderberg Caused The 1973 Oil Crisis

The Bilderberg Group orchestrated the 1973 Oil Crisis and talked OPEC into playing along to ensure that Anglo-American oil companies with ties to Bilderberg would profit from oil exploration in the North Sea. Now that’s a deep secret they won’t teach you in school because, frankly, Bilderberg doesn’t want you to know. http://www.infowars.com/did-you-know-…

Does Iran have the upper hand in OPEC oil war?

Traditional rivals, Saudi Arabia and Iran, continue to fight to prove their supremacy in OPEC. Neither gives up an opportunity to hurt the other, whenever and wherever they can, and oil seems to be their favorite playground. With Saudi Arabia scuttling any chances of a production freeze in Doha in April, Iran has followed suit […]

No Borders

Engaging new international collaborative anarchist video series “No Borders” kicks off with an episode about social struggle in New York City. “The first season of this web series was realized with the collaboration of Black Rose Anarchist Federation Locals (EEUU), Anarchistisches Radio Berlin (Anarchist Radio Berlin, Germany, part of IFA / International of Anarchist Federation) […]

Venezuela Is at a Breaking Point

Every week, hosts Tori Stilwell, Dan Moss and Aki Ito bring you a jargon-free dive into the stories that drive the global economy. Venezuela, home to the world’s biggest oil reserves, is in the throes of economic crisis. With inflation projected at nearly 300 percent this year, how do Venezuelans live amid six-hour lines for […]

Big Oil’s Footprint in Washington Shrinks With Price of Crude

Tumbling crude and natural gas prices have weakened the energy industry’s influence in Washington as cutbacks in the oilfield have spread to the nation’s capital. Casualties include the army of lobbyists battling new regulations and the rosters of trade groups trying to elect friendly candidates in November. The Independent Petroleum Association of America has shed […]

Once upon a time Congress knew an energy crisis was coming

Extracts from the 2005 Senate hearing “High Costs of Crude” [ In Mason Inman’s outstanding biography of M. King Hubbert, “The Oracle of Oil”, he shows five different models Hubbert used to predict the continental peak of U.S. production that all came up with roughly the same, correct answer. Here are some other forgotten predictions […]

Are Saudi reforms realistic?

Saudi Arabia plans to more than triple the government’s non-oil revenues and clamp down on public-sector salaries over the next five years. As Ivor Bennett reports, Saudi ministers say the reforms will reduce the economy’s dependence on oil and build a sustainable future.

Kunstler: Nausea Rising

Considering that the 2016 election looks like a Dark Age puppet show — Pantalone and La Signora smacking each other with dildos — we forget this spectacle is serious. Rather large matters are at stake, such as the continuity of governance, the legitimacy of the two major political parties, the credibility of our financial arrangements, […]

Where Will You Be When the End Game Begins?

Sometime after oh dark thirty it will begin, the previously cocked trigger suddenly released to wreck havoc throughout the world’s financial system. Like an intricate and interwoven design made entirely of standing dominoes, all it takes is a slight disturbance to knock one off its base and start the cascade of toppled consequences running down […]

Scotland Bans Fracking… Forever

The Scottish Parliament voted to ban fracking countrywide on Wednesday, making a moratorium on the controversial technique a permanent affair. The narrow vote can after the legislative body temporary outlawed fracking in January 2015 while it conducted a public health impact assessment and consulted environmental experts. The Scottish Greens, the Liberal Democrats, and the Labour […]

Saudi’s deputy crown prince to visit US

Saudi Arabia’s powerful deputy crown prince is expected to visit Washington in mid-June for talks with top U.S. officials, possibly including President Barack Obama, amid growing friction between the longtime allies, three sources familiar with the matter said on Friday. Mohammed bin Salman, son of Saudi Arabia’s King Salman, has been leading a drive to […]

A Renewable Energy Economy will Create More Jobs

In a tidal wave of good news stories, infographics and Facebook memes about renewable energy job creation, the implicit, unquestioned assumption is that More Jobs = A Healthier Economy. A popular Facebook meme, based on the Stanford University Solutions Project, celebrates the claim that in a renewable energy-powered Canada, 40% more people will work in […]

Water Scarcity, Excess And The Geopolitics Of Allocation

“When the well is dry, we learn the worth of water,” said Benjamin Franklin. Much of the world has taken water for granted over the years, but that situation is quickly changing. Today, the use of this essential resource is being more closely scrutinized as shortages proliferate worldwide. Population growth, the rising middle class and […]

Donald Trump’s dangerous, nonsensical energy plan

Donald Trump’s energy “plan” seems to attracted pretty much universal condemnation. The Washington Post dubbed it “dangerous and nonsensical“, pointing out the bizarre contradictions embedded within it – “Mr. Trump’s headline policy is “complete American energy independence” by “lifting these draconian [regulations]” so that “we are no longer at the mercy of global markets.”” Criticism […]

« Previous Page — Next Page »

LATEST NEWS HEADLINES

• Why the IEA is Wrong About Peak Oil Demand
• Did we inadvertently speed global warming?  
• Venezuela’s Oil Monopoly Eases
• Why Germany is Choosing Natural Gas Over Nuclear Power
• U.S. coal-fired electricity generation decreased in 2022 and 2023

• America Cracks Down on Methane Emissions from Oil and Gas Facilities
• Meet America’s Newest Oil Trader Extraordinaire: Joe Biden
• Is It Time To Refill America’s Strategic Petroleum Reserve?
• Oil prices set to end year 10% lower as demand concerns snap winning streak
• What’s Driving America’s New Oil and Gas Boom?
• China’s peak oil demand bombshell eviscerates Danielle Smith’s energy strategy