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News from June 2010

Iraq’s Oil in Kurdistan still under dispute

Iraq’s Oil in Kurdistan still under dispute thumbnail

Now when U.S. combat troops are slated for withdrawal there is still no federal oil law. The result is that Kurdistan has gone ahead and passed its own oil law and some oil companies have contracts with the Kurds that are not approved by the central government. Baghdad and the Kurdish Regional Government(KRG) constantly argue […]


Oil Spill a Planet Killer

Oil Spill a Planet Killer thumbnail

Minister Lindsey Williams, who once served as a chaplain for the oil companies operating in Alaska, shared what he claimed to be the “real story” behind the Gulf oil crisis. Williams observed that the overwhelming amount of dangerous gasses, which are also being released from the disaster, could be swept along the East Coast should […]


David Strahn, Author of the last oil shock, explains Peak Oil

David Strahn, Author of the last oil shock, explains Peak Oil thumbnail

Nuclear Energy and Alternatives are a complete irrelevance. “There is no short-term supply solution”


Gasland, talks about the potential dangers of fracking

Gasland, talks about the potential dangers of fracking thumbnail

..benzene, toluene, xylene. You know, the residents on the ground and everywhere that I went where this is a problem, chemicals migrating into the water supply from the drilling process. I mean, the natural gas industry maintains that this was naturally occurring. However, the jury is still out about what kinds of gases liberates. When […]


China plans biofuels air cargo industry

China plans biofuels air cargo industry thumbnail

Boeing, PetroChina and Air China have begun to evaluate setting up a sustainable aviation biofuels industry in China. Other US participants include AECOM, Honeywell’s UOP and United Technologies. The project will look at all phases of sustainable aviation biofuel development including agronomy, energy inputs and outputs, life cycle emissions analysis, infrastructure and government policy support. […]


What happens when energy resources deplete?

What happens when energy resources deplete? thumbnail

nergy expenditures are not a big share of income for high income people, but they are for the many people getting along on minimum wage, or close to minimum wage. If oil prices go up, these folks find the price of food and gasoline going up, and perhaps the price of home heating and electricity […]


Noam Chomsky on U.S. poilicy towards Iran

Noam Chomsky on U.S. poilicy towards Iran thumbnail

Noam Chomsky tell us the real reason for U.S. aggression towards Iran. In summary, the U.S. “owns the world” and Iran is suppose to be a “U.S client-state.”


Relocalization: Businesses Meeting Local Needs

Relocalization: Businesses Meeting Local Needs thumbnail

Peak Moment 173: How can you contribute your skills towards meeting real needs now and in the future? Sarah and Paul Edwards , the authors of Home-Based Business for Dummies, focus on the “Elm Street Economy” of locally-owned businesses rather than “Main Street”, which we hear so much about, but is comprised mainly of franchises. […]


Global Scenarios for the Century Ahead

Global Scenarios for the Century Ahead thumbnail

Great Transition envisions a values-led shift in which the citizens of the world drive fundamental change toward a just, sustainable, and livable future. The ascendant development paradigm is rooted in popular values stressing human solidarity, environmental stewardship, and quality of life. The emergence of far more equitable social arrangements and effectual institutions for global governance […]


Matt Simmons Retires and Shorting BP Stock

Matt Simmons Retires and Shorting BP Stock thumbnail

Matt Simmons abruptly announced today that he would retire from the board of Simmons & Co.–the company he founded in 1974–effective June 30. Meanwhile, Simmons & Co. also issued a statement in an apparent attempt to distance itself from its founder.  As Houston Business Journal reports: “..on June 14, [Simmons & Co] issued a statement dated May 12 in […]


World Population Requires 70% Increase in Food Production by 2050

World Population Requires 70% Increase in Food Production by 2050 thumbnail

The Food and Agriculture Organisation (FAO) said feeding a global population of 9.15 billion people in 2050 requires an increase in total food production of some 70 per cent (nearly 100% in the developing countries). Giving the alert, the organization said in its “long-term Outlook for Global Agriculture”, the demand for cereals is projected to […]


Matt Simmons Believes Oil Covers 40% Of Gulf Beneath The Surface

Matt Simmons Believes Oil Covers 40% Of Gulf Beneath The Surface thumbnail

Matt Simmons was on Bloomberg earlier, adding some additional perspective to his original appearance on the station, in which he initially endorsed the nuclear option as the only viable way to resolve the oil spill. Simmons refutes even the latest oil spill estimate of 45,000-60,000 barrels per day, and in quoting research by the Thomas […]


Iran oil exports top 844mn barrels

Iran oil exports top 844mn barrels thumbnail

Iran exported well over 844 million barrels of oil in the one year to March 21, 2010, averaging around 2.3 million barrels a day. The exports included around 259 million barrels of light crude and more than 473 million barrels of heavy crude oil, reported IRIB. The remaining 112 million were other types of crude. […]


WOW

WOW thumbnail

A swim anyone?


A Peak Oil Garden…

A Peak Oil Garden… thumbnail

Learning to grow food is an important skill to acquire when preparing for Peak Oil…One family is preparing for Peak Oil over a 10 year period and this is their garden after the third year..


Michael Ruppert – BP Oil Disaster a Symptom of Peak Oil

Michael Ruppert – BP Oil Disaster a Symptom of Peak Oil thumbnail

Max Keiser interview of Michael Ruppert on the Keiser Report. Discussion of how the Gulf of Mexico Oil Disaster is a symptom of Peak Oil.


Industrial Agriculture Reduces Greenhouse Gas Emissions

Industrial Agriculture Reduces Greenhouse Gas Emissions thumbnail

Modern high-yield farming lowered the amount of greenhouse gases pumped into the Earth’s atmosphere toward the end of the 20th Century by a massive amount, according to a surprising study from researchers at Stanford University. “Our results dispel the notion that modern intensive agriculture is inherently worse for the environment than a more ‘old-fashioned’ way […]


Top 10 Enemies of Corn Ethanol

Top 10 Enemies of Corn Ethanol thumbnail

#10: Business Week/Ed Wallace (Bloomberg) #9: GRIST #8: “Big Oil” #7: Grocery Manufacturers Association #6: David Pimentel #5: Robert Rapier #4: Tim Searchinger #3: Wall Street Journal (editorial board) #2: California Air Resources Board #1: Time Magazine (Michael Grunwald) Of course, Waterman can write whatever he likes, but the fact that the ethanol boosters would […]


Oil Disaster Will Be End of Life As We Know It

Oil Disaster Will Be End of Life As We Know It thumbnail

“The media coverage of the BP oil disaster to date has focused largely on the threats to wildlife, but the latest evaluation of air monitoring data shows a serious threat to human health from airborne chemicals emitted by the ongoing deepwater gusher,” the Institute for Southern Studies blog reported on May 10. Any one of […]


Obama’s address on the Gulf oil spil

Obama’s address on the Gulf oil spil thumbnail

Good evening. As we speak, our nation faces a multitude of challenges. At home, our top priority is to recover and rebuild from a recession that has touched the lives of nearly every American. Abroad, our brave men and women in uniform are taking the fight to al-Qaida wherever it exists. And tonight, I’ve returned […]


Oil leaking 2.52M gallons daily

Oil leaking 2.52M gallons daily thumbnail

A government panel of scientists said Tuesday that the Gulf well is leaking between 1.47 million and 2.52 million gallons a day of oil. The increase over previous estimates puts the maximum size of the spill at 2.1 million gallons per day, the Associated Press reports. “This estimate brings together several scientific methodologies and the […]


Food Prices Forecast to Rise This Decade on Population, Diets

Food Prices Forecast to Rise This Decade on Population, Diets thumbnail

World food prices will rise this decade, boosted by a growing population and changing diets, the OECD and the United Nations’ Food and Agriculture Organization said in their annual outlook report. “Real prices of all products other than pig meat are expected to be above their average 1997-2006 level,” the Paris- based Organization for Economic […]


Risky Decisions Before BP Well Blowout

Risky Decisions Before BP Well Blowout thumbnail

The choice of a tapered string meant that the well had only two barriers to upward gas flow that could cause a blowout: cement near the bottom of the well and a seal assembly near the top. The congressmen described three flawed decisions relating to the cement, and said the company also decided not to […]


Peak Metals – What happens when we run out?

Peak Metals – What happens when we run out? thumbnail

Put simply, the extraction of virgin ores from the earth’s crust will peak – indeed, it already has for many. Although the theory is not without its detractors, there is no doubt that the metals that drive our society are finite resources – and extracting them from the earth has to end. The question is […]


Why we may never be able to say goodbye to oil

Why we may never be able to say goodbye to oil thumbnail

It is not what most of us want to hear, but energy demand growth will remain focused on oil and gas because there are no ready alternatives. Nuclear power will continue to supply a proportion of the world’s energy needs, but questions remain over public confidence, commerciality, and waste disposal. Renewables and alternative sources of […]


Rethinking Disposable

Rethinking Disposable thumbnail

Create, use, toss Disposable is a classic example of cradle-to-grave thinking, the design philosophy that has dominated much of humankind’s development. We create something, use it for a while, ship it off to the dump when we are done with it and then just get a new one. But cradle-to-grave thinking has a critical weakness: […]


Air travel in 2050 will be safe, clean and delay-free, says industry

Air travel in 2050 will be safe, clean and delay-free, says industry thumbnail

Under the organization’s Vision 2050 plan, in 40 years the world’s airlines will be “very close to zero accidents” and emitting half the carbon with the help of locally-produced biofuels from jatropha, camelina, algae or even urban waste, which could “break the tyranny of oil.” “Today’s jet fuel cannot sustain our industry,” said Bisignani, “our […]


A Look Back at a Decade of Change in Russian Oil

A Look Back at a Decade of Change in Russian Oil thumbnail

The last 10 years have been witness to nothing short of a revolution in the post-Soviet oil and gas industry. When the millennium dawned in 2000, private Russian companies held the best reserves. Today, those reserves are the property of the state. Once an oligarch, Mikhail Khordokovsky languishes in exile in an East Siberian prison. […]


Iran sees slight increase in oil demand H2 2010

Iran sees slight increase in oil demand H2 2010 thumbnail

“Supply in the market is enough,” Hojjatollah Ghanimifard, deputy director of the National Iranian Oil Co., told Reuters. The monthly report from the Organization of the Petroleum Exporting Countries, which pumps more than one in every three barrels of oil, said world oil demand would rise by 940,000 barrels per day (bpd) in 2010, 10,000 […]


China picking up lots of oil in Iraq

China picking up lots of oil in Iraq thumbnail

From among the most outspoken of critics of the 2003 U.S.-led invasion to topple Saddam Hussein, China has emerged as one of the biggest economic beneficiaries of the war, snagging five lucrative deals. While Western firms were largely subdued in their interest in Iraq’s recent oil auctions, China snapped up three contracts, shrugging off the […]


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