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"It is not possible to continue infinite consumption and infinite population growth on a finite planet.ā€
-- Michael Ruppert, WSJ, 4/11/09


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News from August 2007

In Colorado, Real Estate Occupies Two Different Universes

In Colorado, Real Estate Occupies Two Different Universes thumbnail

Will the boom ever bust? Maybe, Travis says. Maybe when the buyers are all dead. Or at least too old to want a palace in the mountains. Retiring baby-boomers are driving this real estate rush in the mountains, and when they


Peak Oil Passnotes: Where Do We Go From Here?

Peak Oil Passnotes: Where Do We Go From Here? thumbnail

As we normally take a look at factors hustling the oil market, like storms, war, debt and fiscal madness, it is time we stopped. Let us have a quick look at where the oil market actually stands at the moment. In general the market is in backwardation; that is crude oil at around $74 per […]


Life During Wartime

Life During Wartime thumbnail

…In recent years, we have witnessed an accelerating degeneration of the U.S. political system, from rule of law to rule by force. Most of us have avoided confronting the shocking meaning of this change. As Al Gore writes in The Assault on Reason, the executive branch, with the complicity of the legislative and judiciary branches, […]


The future is just overhead

The future is just overhead thumbnail

We need to drastically change our energy mix, relying far more on renewable energy. If we can make this shift, we might avoid the most disastrous effects of global climate change. Over the last 600,000 years, the carbon-dioxide content of the atmosphere varied between 200 and 290 parts per million. It started to climb out […]


Spreading deserts threaten world food supply-UN

Spreading deserts threaten world food supply-UN thumbnail

GENEVA, Aug 31 (Reuters) – Spreading deserts and degradation of farm land due to climate change will pose a serious threat to food supplies for the world’s surging population in coming years, a senior United Nations scientist warned on Friday. M.V.K. Sivakumar of the U.N.’s World Meteorological Organisation (WMO) said the crunch could come in […]


Sweet Biofuels Research Goes Down On The Farm

Sweet Biofuels Research Goes Down On The Farm thumbnail

Oklahoma State University’s sorghum-related biofuels research is taking a localized approach, with the aim of making possible the effective production of ethanol in the farmer’s own field. Sweet sorghum can be grown throughout temperate climate zones of the United States, including Oklahoma. It provides high biomass yield with low irrigation and fertilizer requirements. Corn ethanol, […]


First Things First: Let

First Things First: Let thumbnail

Our leaders must step up and tell the nation the truth: We need coal. A number of West Virginia political leaders are promoting the conversion of coal into liquid fuels. They see coal-to-liquid technology — a decades-old process – as a common-sense strategy for a nation that needs a dependable supply of transportation fuel. Those […]


Oil-producing nations will have to control gas flaring

Oil-producing nations will have to control gas flaring thumbnail

Dubai: Companies in the Middle East will have to look at corporate sustainability seriously in the coming years as environment and climate change issues gain momentum, according to industry leaders. “According to satellite data, in 2006, oil producing countries and companies burned about 170 billion cubic metres (BCM) of natural gas worldwide or nearly five […]


Stuck in guzzlers on road to nowhere

Stuck in guzzlers on road to nowhere thumbnail

George Bush will talk climate change at APEC, but at home the big car culture reigns regardless The Democratic presidential candidate John Edwards took a huge political gamble this week. He told an audience of unionists in Florida that they needed to make a big sacrifice: give up their four-wheel-drives in the interests of combating […]


Oil prices higher on storm threat

Oil prices higher on storm threat thumbnail

World oil prices climbed on fears that a severe storm is threatening Gulf of Mexico energy installations amid already tight supplies in the United States, analysts said Friday. …Oil prices were well underpinned by a potential storm forming in the Atlantic which re-ignited fears that supply from Gulf of Mexico oil installations could be squeezed. […]


Pressure at the pump

Pressure at the pump thumbnail

Todd Jacobson wouldn


Who’ll Pay America’s Energy Bill?

Who’ll Pay America’s Energy Bill? thumbnail

Chicken Little here, reporting for duty. As we reach the final days of August, with the Congress doing whatever Congresspeople do during their recesses (perhaps we’re better off not knowing), I’m flapping around wondering about the near-total contradiction between the world of energy as I see it and the parts of the 2007 energy bills […]


Oil: Could This Be The End For Suburbia

Oil: Could This Be The End For Suburbia thumbnail

Is America The American middle class consumer though indebted still travels to the fry pits and big box retail stores lining the eight lane highways. And they are still spending money with that good old up tempo American resilience to jolts from the outside world. In spite of the fact that they can no longer […]


ECONOMIC WARFARE IN THE FINAL PHASE

ECONOMIC WARFARE IN THE FINAL PHASE thumbnail

This week the French President, Nicolas Sarkozy, warned against Russia Russia is not only engaged in a military buildup. Russia wants to use its economic muscles. You might ask what economic muscles Russia could have? It is bankrupt, backward, hobbled, demoralized and generally dismissed as an effective economic actor. We must remember, however, that positions […]


Big Questions For Big Oil

Big Questions For Big Oil thumbnail

As summer draws rapidly to its conclusion, eyes are already turning to the colder months ahead and, inevitably, to the price of oil. In recent weeks, Goldman Sachs analysts have suggested that oil could reach $100 before the end of 2007. A record number of options to buy oil at $100 a barrel have been […]


The Oil Drum: EROEI Short #3: Price-Estimated EROEI

The Oil Drum: EROEI Short #3: Price-Estimated EROEI thumbnail

We have previously discussed the difficulty in accounting for all relevant energy inputs to a given energy production process. Drawing a boundary for what energy inputs will be accounted small enough to facilitate practical accounting necessarily excludes energy inputs that, I have argued, are quite relevant to the resulting EROEI ratio. Today I will argue […]


New Zealand: Biofuel likely as Kiwis go green

New Zealand: Biofuel likely as Kiwis go green thumbnail

AIR New Zealand is reducing carbon emissions with a series of innovative programs likely to include the groundbreaking use of biofuels. The airline is working with aircraft and engine manufacturers to explore new technologies and alternative fuels. “We’ve had two or three projects under way looking at biofuels,” chief executive Rob Fyfe said this week. […]


Global food crisis looms: climate change, population growth strip fertile land

Global food crisis looms: climate change, population growth strip fertile land thumbnail

‘Ignorance, need and greed’ depleting soil. Experts warn competition will lead to conflict Climate change and an increasing population could trigger a global food crisis in the next half century as countries struggle for fertile land to grow crops and rear animals, scientists warned yesterday. To keep up with the growth in human population, more […]


Spinning Atoms

Spinning Atoms thumbnail

Like it or not, our future is nuclear. You don’t remember the debate? That’s the power of good PR The images could scarcely be breezier; the double take more, well, shocking. Over the past two years, millions of Canadians have tuned in to a soothing corporate advocacy campaign of almost unrivalled effectiveness, the centrepiece of […]


US biofuel output moves up a gear

US biofuel output moves up a gear thumbnail

Biofuel production has stepped up another gear in the USA, with two big new factories coming on stream this month and the government pouring another $97m (“The US biodiesel industry is committed to enhancing America’s energy independence by replacing foreign oil with environmentally friendly, domestically-produced renewable fuels,” said Manning Feraci, of the National Biodiesel Board. […]


Canada poised to join U.S.-led nuclear ’solution’

Canada poised to join U.S.-led nuclear ’solution’ thumbnail

Initiative also would be a way to control global movement of enriched uranium Canada is poised to join an elite club of “advanced nuclear nations” that – led by U.S. President George W. Bush – plans to promote nuclear energy as a key solution to global warming and to control the international movement of enriched […]


Global Warming to Fuel More Severe Tornadoes and Thunderstorms

Global Warming to Fuel More Severe Tornadoes and Thunderstorms thumbnail

Global warming will make severe thunderstorms and tornadoes a more common feature of U.S. weather, NASA scientists said today. Climate models have previously shown that Earth will see more heavy rainstorms as the atmosphere warms, but a new climate model developed by NASA researchers is the first to show the difference in strength between storms […]


Porter ties U.S. withdrawal from Iraq to $9 gasoline

Porter ties U.S. withdrawal from Iraq to $9 gasoline thumbnail

WASHINGTON — Gasoline prices could rise to about $9 per gallon if the United States withdraws troops from Iraq prematurely, Rep. Jon Porter said he was told on a trip to Iraq that ended this week. The Nevada Republican, who returned Tuesday from his fourth trip to Iraq, met with U.S. Army Gen. David Petraeus, […]


United States, China Clash over Peak Oil May Endanger World Peace

United States, China Clash over Peak Oil May Endanger World Peace thumbnail

Peak Oil may have put the United States on a collision course with China as the two nations compete for African oil reserves. “Peak Oil” refers to the fact that worldwide, per capita petroleum production peaked in 1979. Owing to population growth, even though more actual barrels of oil per day are extracted, the amount […]


FTC: high gas prices in 2006 not fixed

FTC: high gas prices in 2006 not fixed thumbnail

WASHINGTON – The Federal Trade Commission said Thursday it found no evidence of market manipulation by refiners and other sellers in gasoline prices spiking at more than $3 a gallon during the summer of 2006. Three-quarters of the run-up in the average retail price of gasoline from $2.28 a gallon in February 2006 to a […]


Unpaid bills for natural gas are up sharply

Unpaid bills for natural gas are up sharply thumbnail

About 20,000 CenterPoint customers have been disconnected — at least double the number in previous years. About 160,000 CenterPoint Energy customers across Minnesota are in arrears on their natural gas bills, up from a 70,000 to 100,000 at the end of summer in years past, the company said Tuesday. About 20,000 customers have been disconnected […]


Venezuela — Alo Presidente!

Venezuela — Alo Presidente! thumbnail

In a world where the National Petroleum Council talks about “continuing risks” to the oil supply, Venezuelan president Hugo Chavez is said to pose a significant threat to the interests of the Organization for Economic Co-operation and Development (OECD) member countries. Venezuela’s production has declined since 2000, and the country is home to the world’s […]


Right, schmight, left, schmeft

Right, schmight, left, schmeft thumbnail

I had the pleasure of reading an advance copy of Richard Heinberg’s new book, Peak Everything recently, and I found it to be typical Heinberg – engaging, wise, scrupulously balanced. It comes out this month, I believe, and it is well worth a read. My personal favorite thing about it, however, was not the writing […]


Heat stressing California’s power grid

Heat stressing California’s power grid thumbnail

SACRAMENTO, Calif. – Scorching temperatures across California created a near-record demand for electricity Wednesday, drawing down the state’s energy reserves and prompting officials to urge residents to restrict their use of appliances. With Californians seeking relief via air conditioners, pools and sprinklers, the state’s electricity grid manager declared a Stage 1 emergency, the first of […]


Phoenix to Set Heat Record: 29 Days of 110+

Phoenix to Set Heat Record: 29 Days of 110+ thumbnail

PHOENIX The urban heat island is partly to blame, said Tony Haffer, a meteorologist at the National Weather Service office in Phoenix. Concrete, pavement and buildings retain more heat than the natural landscape. That heat is released slowly, causing morning temperatures to be about


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