Gulf ‘media blackout’ hits MSM

CBS, CNN, the New York Times — these are not fringe media outlets. And when Anderson Cooper and Katie Couric complain about press barricades, you know that not only is the rumored media blackout very real, but it is clearly also very serious: When reports started trickling in a month ago about journalists being prevented […]

Saudi oil capacity ‘comfortable’ to 2020

Saudi Arabia was unlikely to need to boost its crude production capacity beyond 12.5 million barrels per day (bpd) until 2020, the Kingdom’s oil minister said in remarks published on Thursday. “We are very comfortable now and I believe we will be comfortable until 2020… that is just my gut feeling,” Ali Al-Naimi said in […]

Lloyds on Peak Oil, Climate Change, Resource Depletion

Nothing about the role of communities, but then this is a report aimed at business.  It does, however, state that any business seeking to be successful in the future will need to be prepared for ‘dramatic changes in the energy sector’, and that energy dependency will become a key vulnerability. It is interesting also that […]

Several New Oil Discoveries In India

The discovery is significant as this play fairway is expected to open more oil pool areas, leading to better hydrocarbon potential within the block. The block CB-ONN-2003/1 is located at a distance of about 130 kms from Ahmedabad in Gujarat, in the Cambay basin. The block covers an area of 635-sq km in two parts, […]

Matt Simmons Explains Peak Oil at Cal Tech

Just the basic facts from Matthew Simmons, chair and CEO of Simmons & Company International, is a prominent oil-industry insider and one of the world’s leading experts on the topic of peak oil. Part 2 Part 3 Part 4 Part 5 Part 6

Think gas is too pricey? Think again.

Some of the best work on this subject has been done by Ian Parry, a senior fellow at Resources for the Future. His calculations — plus some data from other sources and studies — suggest that adding all the quantifiable costs into the price of oil would increase the cost of each gallon by about […]

Liquid Fuel Nuclear Reactors

Dr. Hargrave and Dr. Moir lay out the advantages of the MSR/LFTR approach, Liquid fuel thorium reactors offer an array of advantages in design, opera- tion, safety, waste management, cost and proliferation resistance over the traditional configuration of nuclear plants. Individually, the advantages are intriguing. Collectively they are compelling. And indeed they are as the […]

SPILL CAM is ONLINE

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

Russia becomes leading oil producer

Russia overtook Saudi Arabia to become the world’s leading oil producer in 2009, while global oil consumption fell the most since 1982, BP has said. According to the oil giant’s latest Statistical Review of World Energy, Russia increased oil production by 1.5% in 2009, claiming a 12.9% market share. Production in Saudi Arabia fell 10.6%, […]

Pat Murphy — Beyond Sustainability: Surviving Peak Oil

Community How Cuba Survived Peak Oil” (2006) and author of the forthcoming book “Plan C: Community Survival Strategies for Peak Oil and Climate Change.” The International Conference on Peak Oil and Climate Change: Paths to Sustainability explores the root cause of rising gas prices, global warming, biodiversity loss and other indicators of global unsustainability. localfuture.org […]

More Failure for Peak Oilers & Energy Dreamers

Despite the sharp decline in production and demand, the industry’s boom cycle investments in the search for more oil continue to pay off. Global oil reserves remained steady after a significant jump in 2008. The reserve growth is more significant for the long period that consumption has exceeded production. In other words, the industry has […]

M.King Hubbert Explains Peak Oil in 1976

Classic Video — M.King Hubbert

Countering Peak Oil: Slide Presentation

The war of words over Peak Oil has just begun, so has the tussle to control prices. Indian oil producer and refiner Mukesh Ambani said yesterday that refiners must prepare to face an oil price band from $80 to $100. However crude prices at Cushings slipped to $73 as US Energy department announced excess stockpiles […]

US Senate upholds greenhouse gas rules ‎

The US Senate on Thursday beat back an effort led by President Barack Obama’s Republican foes to curb the US government’s power to regulate greenhouse gas emissions tied to global warming. After a bitter debate focused on stalled efforts to advance comprehensive legislation to battle climate change, lawmakers voted 53-47 to block action on a […]

Prince of Wales calls for population control in developing world

“In the next 50 years, we face monumental problems as the figures rocket.” The Prince said the Earth could not “sustain us all”, particularly if a “vast proportion” is consuming natural resources at “Western levels”. “It would certainly help if the acceleration slowed down, but it would also help if the world reduced its desire […]

When you should not adapt in place

For some people, “getting out of Dodge” is the way to go. That is, I think that some people should absolutely consider leaving where they are, and doing so sooner, rather than later, because they have little or no hope of successfully remaining in place. In the next decades there are going to be a […]

The Oil Supply Picture, Post-Spill

Energy experts, for the most part, say it is too early to say. Much depends on how long a moratorium on new deepwater drilling will last. Last month President Obama extended an earlier moratorium, and the long-term future of deepwater drilling in the United States may depend on the findings of a new bipartisan commission […]

Chief Scientist lends voice to “Peak Oil” warnings

After famously stating that the threat from climate change is graver than that posed by terrorism, former government chief scientist Sir David King has this week issued another stark warning, arguing that oil supplies could peak far sooner than anticipated by politicians and businesses. Speaking this week in his role as director of the Smith […]

‘Bow down to Peak Oil!’

Peak Oil is a scare story  talked up by greenie catastrophists on every possible occasion to justify higher taxation, greater government intervention, global rule by people like the Hon Sir Jonathon Porritt and Al Gore and massive bonanzas for anyone involved in the wind farming or solar power industry. Somehow, Newsnight had managed to twist […]

Criticism of the New York Times Peak Oil Story

I gained a valuable insight from the recent New York Times article about Peak Oil and the Transition Movement [“Imagining Life Without Oil, and Being Ready,” by John Leland, June 5, 2010], but this was not insight about the subject matter itself. What I learned was that even in a time of a great oil-caused […]

Is the SPILL CAM Dead?

Is the SPILL CAM no more? Peak Oil Spill Cam

BP spill response plans severely flawed

The names and phone numbers of several Texas A&M University marine life specialists are wrong. So are the numbers for marine mammal stranding network offices in Louisiana and Florida, which are no longer in service.  BP’s 582-page regional spill plan for the Gulf, and its 52-page, site-specific plan for the Deepwater Horizon rig are riddled […]

I Can’t Believe It’s Oil!

It’s no surprise that most petroleum products are used to generate energy. Gasoline and diesel fuel power our cars and trucks, and kerosene and jet fuel keep our airplanes flying. Some of the propane we use is separated from crude oil during the refining process. On average, a 42-gallon barrel of refined crude oil yields […]

Small print of BP Statistical Review of World Energy is troubling

Big as BP’s problems are as a result of failed risk assessments, it will very probably soon become worse. Growing numbers of people doubt its annual review of oil reserves, published today. Society builds its oil dependency on key cultural statements of faith about secure supply, such as BP’s annual announcement that there is 40 […]

Stunning String of Lethal Oil and Gas Accidents is no Accident

With headlines focused on the largest disaster, the Deepwater Horizon oil spill, you may have missed a story or two about other recent oil and gas disasters. Make that three, at least: 1) June 7: Gas drilling fire burns 7 workers in W. Virginia A fireball and explosion burned seven members of a crew drilling […]

Would Countries Collapse After Oil Vanishes?

Friedrichs predicts that “increasing conflict over scarce energy would undermine the very foundations of the world-wide social, economic and political normalization processes” of the past few centuries. He looks at how the possibility of resource shortages helped shape Japan’s imperialist strategy following WWI and how the disruption of subsidized oil from the Soviet Union in […]

Making Solar Technology a Competitive Force

A Lawrence Berkeley National Laboratory study, Tracking the Sun II, found that PV costs declined from 1998 through 2007, causing a considerable impact on the overall installed cost of solar. But costs have remained stagnant since. In identifying the elements that drive this side of the equation, we can find areas for improvement. For instance, […]

Scientists Challenge BP Containment Claims

Some scientists are taking issue with BP’s statement that a containment cap placed over a gushing well could be capturing “the vast majority” of oil spewing into the Gulf of Mexico. They suggest it’s misleading, if not irresponsible, to make such a statement when the company has acknowledged it doesn’t know how much oil is […]

Iran Building First Gas Pipeline to Europe

Iran started to build a long-planned pipeline to export natural gas to Europe with an investment of at least 1.3 billion euros ($1.55 billion), state television reported today. Iran plans to complete its section of the pipeline by 2013, the TV network said, without citing a source. The system will pass through Turkey and have […]

Iraq to increase oil output

Iraq Minister of Oil Hussain Shahristani said in Kuala Lumpur that Iraq intends to increase its oil outcome in the upcoming years in order to answer the ongoing increase in Asian demand. Shahristani said on the sidelines of an oil international conference that Iraq production is nowadays about 2.5 million barrels per day and the […]

« Previous Page — Next Page »

LATEST NEWS HEADLINES

• Is It Time To Abandon the Idea of Phasing Out Oil and Gas?
• More than 20% of global refining capacity at risk of closure
• Charles Hugh Smith Blog: Fire, Then Ice Our Deflationary Future
• Saudi Aramco CEO Amin Nasser says energy transition strategy ‘visibly failing’
• 100 million-degree ‘artificial sun’ sets new records in hunt for energy’s ‘Holy Grail’

• China’s peak oil demand bombshell eviscerates Danielle Smith’s energy strategy
• US seeks to buy up to 3 million bbls of oil for Strategic Petroleum Reserve
• Desertification: the world is losing healthy land at an astonishing rate
• US oil production will keep booming in 2024, setting up a possible showdown with Saudi Arabia
• Saudi Arabia piles pressure on UAE to shift COP28 focus away from oil and gas
• US Warship, Commercial Ships Under Attack In Red Sea