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News from May 2010

Saudi King slams intelligence leak

Saudi King slams intelligence leak thumbnail

The King of Saudi Arabia has strongly criticized the country’s intelligence officials for disclosing a secret document, which shows Riyadh has links with terrorist activities carried out by al-Qaeda in Iraq. According to a report by Iraq’s Buratha news agency on Friday, King Abdullah bin Abdul Aziz ordered a special committee to investigate the intelligence […]


Iraq supergiants to hit 2.1m bpd by year-end

Iraq supergiants to hit 2.1m bpd by year-end thumbnail

Iraq expects crude output from its southern oilfields, Rumaila, Majnoon and West Qurna Phase one, to reach about 2.1 million barrels per day by the end of this year, the head of South Oil Company (SOC) said. State-run SOC gave the estimates after international firms presented development plans and started issuing tenders for work in […]


Economic Collapse inevitable as Oil production declines

Economic Collapse inevitable as Oil production declines thumbnail

Department of Energy and Oil producers predict a Peaking of Oil Production between 2011 and 2015. 10% decline in Oil production by 2015 is foreseen in DOE report and oil supply deficit in 2015 equal to output of Saudi Arabia. By 2027, Oil production will only be able to supply 50% of World’s needs unless […]


BP’s Oil Blog

BP’s Oil Blog thumbnail

The mainstream media is also reporting that so-called exerts are saying the amount of oil being released is far more than the 5,000 barrels thought to be leaking in the ocean on a daily basis by BP. Experts? How is anyone an expert in oil leaking from the ocean floor at about a mile below […]


Is There Rehab For This Oil Overdose?

Is There Rehab For This Oil Overdose? thumbnail

Every person who has chosen to research Peak Oil, climate change, global economic meltdown, species extinction, and population overshoot is not unlike an addict who has some moment of clarity in which he can actually choose to walk to the nearest rehab facility and fall on his face screaming for help. None of us can […]


Feds demand that BP provide confidential Gulf oil spill data

Feds demand that BP provide confidential Gulf oil spill data thumbnail

BP has yet to comply with federal requests to produce confidential internal data regarding the Gulf of Mexico oil spill. Nor is it providing direct answers to an order that it use another, less toxic dispersant to mitigate the oil. In a press conference with reporters Friday, however, BP Chief Operating Officer Doug Suttles downplayed […]


What Insiders Don’t Want You to Know About “Peak Oil”

What Insiders Don’t Want You to Know About “Peak Oil” thumbnail

At the world’s largest energy forum in Cancun, Mexico on March 30-31, the power brokers of the oil industry saw the future. And it isn’t pretty. The biennial International Energy Forum (IEF) drew ministers from 64 countries, members of the International Energy Agency (IEA), OPEC, and other dignitaries. In short, all the heavy hitters on […]


Iran to officially accept nuke deal

Iran to officially accept nuke deal thumbnail

Also on Friday, IRNA quoted a top Iranian cleric as saying that the deal was a “powerful response” that “put the ball in the West’s court.” He reportedly stated that far from being a ploy meant to facilitate enrichment for military use, the deal should be seen as a confidence-building measure. Meanwhile in Turkey, UN […]


SPILL CAM

SPILL CAM thumbnail

We can’t stop the spill, but we can watch it on a live webcam. Direct from BP


Dr. Noam Chomsky – Collapse of Climate Talks – Change & Obama

Dr. Noam Chomsky – Collapse of Climate Talks – Change & Obama thumbnail

This is the original English version of the interview with Naom Chomsky at the University of Mainz/Germany on March 24, 2010. Just click on the headline above. In this 40-minute interview with Kontext-TV Chomsky talks extensively about Barack Obama as a centrist Democrat, the threats against Iran, Nuclear-Weapon-Free Zones in Africa and the Middle East, […]


On ‘Global Warming,’ Can There Really Be Two Sides To the Story?

On ‘Global Warming,’ Can There Really Be Two Sides To the Story? thumbnail

Hey Mainstream Media, before you dismiss legitimate scientists who disagree with your global warming meme as “deniers,” how about listening to an actual, open-minded scientist who agrees with you? One of the most electrifying moments of the Heartland Institute’s Fourth International Climate Change Conference was when Professor Scott Denning of Colorado State University asked to […]


US military warns oil output may dip causing massive shortages by 2015

US military warns oil output may dip causing massive shortages by 2015 thumbnail

(Sunday 11 April) “By 2012, surplus oil production capacity could entirely disappear, and as early as 2015, the shortfall in output could reach nearly 10 million barrels per day,” says the report, which has a foreword by a senior commander, General James N Mattis. It adds: “While it is difficult to predict precisely what economic, […]


PetroChina lines up $60b to boost overseas oil output

PetroChina lines up $60b to boost overseas oil output thumbnail

Chinese oil companies led by CNPC and Sinopec have quickened their overseas expansion pace in recent years, a move analysts said was necessary to cope with the rising domestic energy demand. CNPC agreed on Wednesday to acquire a 35 percent stake in Royal Dutch Shell’s oil and gas unit in Syria. The company also plans […]


India’s Govt doubles price of nat gas

India’s Govt doubles price of nat gas thumbnail

The government has doubled the price of natural gas produced by ONGC and Oil India from nomination blocks that will make the fuel used in automobiles and households in Mumbai and National Capital Region. “The price of compressed natural gas (CNG) may increase by 20%, but will depend from city to city,” said joint secretary […]


BP’s “top kill” method to stanch the spill could also break it wide open.

BP’s “top kill” method to stanch the spill could also break it wide open. thumbnail

BP is preparing to launch a procedure as early as Sunday to clog the flow of oil and gas from the month-old Deepwater Horizon spill in the Gulf of Mexico. But the proposed “top kill” method is untested at the 5,000-foot depth of the spill, and could easily join the growing list of fixes thwarted […]


Peak Oil Activist Michael Ruppert in Burlington VT

Peak Oil Activist Michael Ruppert in Burlington VT thumbnail

Los Angeles based Michael Ruppert, author of Confronting Collapse, speaks on the tangible steps that must be taken to confront the grave global reality of our oil dependence. Sponsored by Chelsea Green Publishing, Vermont Commons, The Candidates for Vermont Independence and Free Vermont Radio, along with local sponsors. CCTV


CFTC Set to Limit Oil Speculation With Senate Backing

CFTC Set to Limit Oil Speculation With Senate Backing thumbnail

The top U.S. commodity regulator is poised to impose new rules on oil speculators as Congress and the European Commission attempt to rein in trading in the $615 trillion over-the-counter derivatives market. A bill by Senate Democrats to overhaul financial regulation would require the Commodity Futures Trading Commission to set limits on the number of […]


What is The Right Price of Oil?

What is The Right Price of Oil? thumbnail

The big question now is, what is the right price of Oil. Fadel Gheit, a Senior analyst at Oppenheimer had opined in March that any price of Oil above $60 is a result of speculation. Mukesh Ambani, of Reliance while addressing fellow refiners at Mumbai last week had asked them to be ready for oil […]


Toyota Partners With Tesla to Make Electric Cars

Toyota Partners With Tesla to Make Electric Cars thumbnail

Toyota just announced that it will invest $50 million in Tesla Motors and the two companies will partner to manufacture electric vehicles to meet California’s growing demand for greener cars. Bay Area residents should be especially excited, as this venture is expected to create thousands of new jobs to San Francisco, and is sure to […]


Post Peak Oil Production, Aleklett, president of ASPO

Post Peak Oil Production, Aleklett, president of ASPO thumbnail

Lecture given by Kjell Aleklett, president of ASPO International, in Berlin May 18, 2010, in connection to the yearly ASPO Germany meeting. PT 2 PT 3 PT 4 PT 5 PT 6


How Would You Spend Your Daily 100 watts?

How Would You Spend Your Daily 100 watts? thumbnail

Using this handy-dandy calculator I learned that mindless Watt-for-Watt replacement will cost me approximately 13 years worth of electric bills. That suggests that the cost of one year’s electric bills would supply approximately 1/20th of my current usage! If my math is correct, that works out to 200 Watts during the daylight hours or 100 […]


Peak oil crisis just ain’t sexy enough

Peak oil crisis just ain’t sexy enough thumbnail

The question of why climate change is sexy and peak oil is not, is an interesting one. You may all have your own ideas, but today I’ll put down what I think the difference is. I believe the answer lies in the above observation about newsworthiness. Climate change is undoubtedly a wild card. Nobody really […]


BP says it is capturing 5,000 barrels of oil a day from gulf spil

BP says it is capturing 5,000 barrels of oil a day from gulf spil thumbnail

BP said Thursday that it is now capturing 5,000 barrels a day of crude oil and 15 million cubic feet of natural gas from a leaking pipe at the bottom of the Gulf of Mexico, the first official admission that earlier estimates of the amount of oil spilling into sea were too small. The amount […]


US Climate Bill May Cut Oil Imports 40%

US Climate Bill May Cut Oil Imports 40% thumbnail

If Kerry and Lieberman’s climate-change bill became law, oil imports in 2030 would likely fall to a range of 6.6 million to 7.4 million barrels, or 9 percent to 19 percent below the business-as-usual estimate, the report said. Kerry and Lieberman’s legislation revamps a cap-and-trade bill that stalled in the Senate after narrowly passing the […]


Richard Sears: Planning for the end of oil

Richard Sears: Planning for the end of oil thumbnail

As the world’s attention focuses on the perils of oil exploration, we present Richard Sears’ talk from early February 2010. Sears, an expert in developing new energy resources, talks about our inevitable and necessary move away from oil. Toward … what? About Richard Sears Richard Sears thinks hard about the post-oil world. He’s a visiting […]


How Much Oil Has Leaked Into the Gulf of Mexico?

How Much Oil Has Leaked Into the Gulf of Mexico? thumbnail

Nobody knows for certain how much oil has leaked into the Gulf of Mexico since last month’s oil rig explosion. What we do have are estimates — from the National Oceanic and Atmospheric Administration, from outside experts, from British Petroleum — of how fast crude is flowing out of two remaining leaks (a third was […]


Researchers Invent More Efficient Solar Cells

Researchers Invent More Efficient Solar Cells thumbnail

By achieving a power conversion efficiency of 9.5%, the new design boasts a superior performance compared with its silicon counterparts, such as solar cells that incorporate nanowires, nanotubes, and other optically active nanostructures. The best of these designs has an efficiency of a little more than 5%. The researchers of the new study, Kui-Qing Peng […]


The Perfect Storm: Six Trends Converging on Collapse

The Perfect Storm: Six Trends Converging on Collapse thumbnail

My intention is not just to bum you out, but to do my part in sounding the alarm for a massive wake up call to start taking the sort of wide ranging actions that will be required in order to succeed in changing the course of our “Titanic” (planet Earth) to dodge the iceberg of […]


Global Cooling Is Coming and Beware the Big Chill

Global Cooling Is Coming and Beware the Big Chill thumbnail

Contrary to the commonly held scientific conclusion that the Earth is getting warmer, Dr. Don Easterbrook, emeritus professor of geology at Western Washington University and author of more than 150 peer-reviewed papers, has unveiled evidence for his prediction that global cooling is coming soon. “Rather than global warming at a rate of 1 F per […]


Colin Campbell – The Problems Faced by Britain

Colin Campbell – The Problems Faced by Britain thumbnail

Colin Campbell discussing the problems faced by Britain becoming sustainable, politics and nuclear power.


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