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News from November 2010

UN launches World Population Report

UN launches World Population Report thumbnail

The United Nations Population Fund (UNFPA), has launch this year’s edition of the State of the World’s Population Report to guide policy makers and researchers to institute measures to prevent conflicts and enhance development. The report under the theme: “From Conflict and Crisis to Renewal: Generation of Change,” draws attention to how protracted conflicts are […]


Sorting Out the Peak Oil Confusion

Sorting Out the Peak Oil Confusion thumbnail

There’s a peak oil heckler outside my office. I pass him every morning in the parking lot. Like a gnat, he buzzes around and refuses to leave me alone, no matter how much I swat… My own personal fan, as I like to call him. Each verbal prod or poke causes me to react in […]


Oil shock warning to government from UK business

Oil shock warning to government from UK business thumbnail

An industry taskforce has called on the government to act to protect the UK economy against a new threat of rising oil prices. A consortium of British business, including retailers Kingfisher and transport group, Stagecoach, say the UK must prepare for the next oil shock. It says not to do so would present energy security […]


Welcome back to the Seventies, America

Welcome back to the Seventies, America thumbnail

Mounting deficits. Economic stagnation, high unemployment and fears of worsening inflation. Peak oil. Calls for a return to the gold standard. Declining American power. Deepening pessimism and an unpopular president. And what’s with the shaggy hair? High school students look like the cast of That 70s Show. Which is fitting, I suppose, because it increasingly […]


EU energy chief: Worldwide oil availability has peaked

EU energy chief: Worldwide oil availability has peaked thumbnail

The availability of oil worldwide has already peaked, the European Union’s energy chief Guenther Oettinger said on Wednesday. “My fear is that the global consumption of oil is going to increase, but European oil consumption has already reached its peak. The amount of oil available globally, I think, has already peaked,” Oettinger told a news […]


Aircraft and Lubricants after Peak Oil with Robert L. Hirsch

Aircraft and Lubricants after Peak Oil with Robert L. Hirsch thumbnail

Robert L. Hirsch describes his new book about World Oil Decline. “The Impending World Energy Mess” In this question he discusses which industries will not benefit from alternative sources of electricity.


Regenerative Agriculture in a Peak Oil World

Regenerative Agriculture in a Peak Oil World thumbnail

Regenerative Agriculture in a Peak Oil World Written by Professor Chris Rhodes Thursday, 11 November 2010 17:28 In the face of peak oil and in order to curb carbon emissions, methods of farming that depend less on oil and natural gas, respectively to run machinery and to make synthetic fertilizers, must be sought. Such options […]


It’s growth rate, not size that matters

It’s growth rate, not size that matters thumbnail

It’s growth rate, not size, that matters November 14, 2010 – 12:39PM The federal opposition says the size of Australia’s population in the coming decades is irrelevant provided it comes about as the result of sustainable growth. A Treasury briefing prepared for Prime Minister Julia Gillard states that even if net migration is reduced to […]


China’s Coal Crisis

China’s Coal Crisis thumbnail

The idea of peak oil—the point at which global production reaches its maximum—has fixated the energy industry for years. Now, China is grappling with a new worry: peak coal. State-run media reported that Beijing is considering capping domestic coal output in the 2011-2015 period, partly because officials worry miners are running down reserves too quickly […]


Chris Martenson: “Prepare For peak Oil While There Is Time”

Chris Martenson: “Prepare For peak Oil While There Is Time” thumbnail

Alexander Ac: You have obtained your PhD in neurotoxicology. How have you come to such a different topic as peak oil? What is your motivation? Chris Martenson: Technically my degree came from the pathology department at Duke, although my specialty was neurotoxicology. Pathology is all about risks. As a pathologist, somebody might say: “Hey, my […]


Reading between the lines of the IEA report

Reading between the lines of the IEA report thumbnail

One of the more interesting occasions each year is learning just how far the International Energy Agency has come in the last 12 months towards publicly admitting that days of boundless cheap oil are over, just how high global oil production will ever get, and when the inevitable decline in production will set in. The […]


The Food Inflation Nightmare Is About To Hit 40% Of The World’s Population

The Food Inflation Nightmare Is About To Hit 40% Of The World’s Population thumbnail

Overnight, the threat of further Chinese tightening multiplied as a result of food price inflation. A basket of 18 key vegetables saw their prices increase by 62.4%, year-over-year, in the first 10 days of November. But just how likely is Chinese tightening? Waverly Advisors feel that it is now a near certainty, based on the […]


Kjell Aleklett: World Energy Outlook 2010 – a cry for help

Kjell Aleklett: World Energy Outlook 2010 – a cry for help thumbnail

When the IEA compares the OECD nations with the rest of the world it predicts that OECD oil consumption will fall from today’s 41.7 mb/d to 35.3 mb/d by 2035. This means that all OECD nations, including Australia, must revise downward their future consumption prognoses. Nations outside the OECD are now expected to increase their […]


How best to interpret oil demand projections

How best to interpret oil demand projections thumbnail

The International Energy Agency’s latest monthly oil market report, released late last week, highlights one of the surprising difficulties in interpreting oil market forecasts: the difference between world oil demand in outright terms and the implied year-on-year growth. In simple terms, you might think that the focus should surely be on the outright demand figure, regardless of whether the […]


Peak Oil Was Reached In 2008

Peak Oil Was Reached In 2008 thumbnail

Jim Puplava (FSN) interviews Collin Campbell who says peak oil was reached in 2008. If that’s true, then humanity now faces the long decline (what James Howard Kunstler calls “The Long Emergency”) down the backside of the Hubbert curve. Global economic contraction, civil unrest, famine, war, and a dramatic reduction in worldwide population are all […]


More economists thinking about Peak Oil

More economists thinking about Peak Oil thumbnail

I’m sure I haven’t yet come to grips with the views expressed by commenters on my last post about economics and peak oil, but here is another paper on economics, Hubbert’s Peak, and peak oil.  In short the authors  model resource extraction scenarios in the manner that economists sometimes do, and conclude that the timing […]


Water Crisis in the Arab World

Water Crisis in the Arab World thumbnail

The Arab world is heading for a huge water crisis in just five years. A recent report by the Arab Forum for Environment and Development (AFED) found that water levels are already dangerously low for the region, which contains 5% of the world’s population—about 360 million people—but only 1.4% of freshwater access. Today, the Arab […]


Iran says oil at $100 would not hurt world economy

Iran says oil at $100 would not hurt world economy thumbnail

Iran said on Sunday that the world economy is in a position to absorb an oil price of 100 dollars a barrel even as it finds the current price range suitable for investments. “Oil prices increasing to 100 dollars (per barrel) would not hurt the global economy,” Mohammad Ali Khatibi, Iran’s representative at the Organisation […]


The Limits of Incompetence

The Limits of Incompetence thumbnail

Of course, the label of generalized American incompetence seems to cast too wide a net. After all, most of us have the competence to not starve when provided with cans of baked beans and a can opener. But it seems that each and every one of us is forced to plead incompetence when presented with […]


Saudi Arabia: Peak Oil Forecasts Are Ridiculous Because We’ll Keep Prices Cheap For A Very Long Time

Saudi Arabia: Peak Oil Forecasts Are Ridiculous Because We’ll Keep Prices Cheap For A Very Long Time thumbnail

Saudi Arabia’s Prince Turki Al Faisal Al Saud has thrown cold water on forecasts for an oil price superspike, speaking to energy industry peers at Rice University. His nation has the capacity to handle surging demand from both China and other rapidly developing nations: Hellenic Shipping News: While many energy analysts are predicting a sharp […]


Is ‘Peak Oil’ Behind Us?

Is ‘Peak Oil’ Behind Us? thumbnail

Peak oil is not just here — it’s behind us already. That’s the conclusion of the International Energy Agency, the Paris-based organization that provides energy analysis to 28 industrialized nations. According to a projection in the agency’s latest annual report, released last week, production of conventional crude oil — the black liquid stuff that rigs […]


Still Wondering: Where Are We Going?

Still Wondering: Where Are We Going? thumbnail

“[B]y 2050 another 130 million people are projected to be living in the United States; by 2100 the Census Bureau’s high estimate is more than 1 billion. Providing infrastructure and transportation for this expanding population will generate a long list of required equipment and materials….”[1] That’s a lot of energy demand and usage under the […]


Video: Peak Oil Canada

Video: Peak Oil Canada thumbnail

Jeff Rubin and Andrew Nikiforuk discuss the future of the Canadian oil economy. Recorded Apr 30, 2010


OPEC output takes a significant upward move

OPEC output takes a significant upward move thumbnail

Platts’ monthly survey of OPEC production can be found here. With prices rising, new supply can’t be anything but welcome to consumers. But if the price rise is being driven solely by dollar economics, will it matter?


Iraqi Political Maneuverings

Iraqi Political Maneuverings thumbnail

Among the sovereign ministries, Oil appears to be the biggest prize, with all three blocks angling for it. The current oil minister, Hussain al-Shahristani, is part of Maliki’s State of Law coalition. “Of course we are thinking of the Oil Ministry,” said Kamal Saidi, MP and top ally of Maliki, “But will the political agreement […]


Peak phosphorous: mankind’s latest threat

Peak phosphorous: mankind’s latest threat thumbnail

SOME believe that dwindling supplies of potable water is humanity’s great resource challenge; others think it is the imminent prospect of “peak oil”. But an equally important milestone in modern history will be an inevitable tightening of global supplies of phosphorus. Phosphorus has underpinned the leaps made in agricultural productivity since World War II, and […]


A User’s Guide to the Crisis of Civilization: And How to Save it – A Review of Nafeez Mosaddeq Ahmed’s Latest Book

A User’s Guide to the Crisis of Civilization: And How to Save it – A Review of Nafeez Mosaddeq Ahmed’s Latest Book thumbnail

Anyone who has spent much time discussing peak oil, the collapse of civilizations, climate change or modern security issues eventually confronts the issue of historical antecedents. The [Insert choice of vanished civilization here] collapsed because of X, and that’s the same thing that is happening now . . . . For those who have delved […]


Panic Time for Peak Oil Pundits

Panic Time for Peak Oil Pundits thumbnail

It seems the panic time for both green enthusiasts and peak oil pundits. According to a new paper by two researchers at the University of California – Davis, it would take 131 years for replacement of gasoline and diesel given the current pace of research and development; however, world’s oil could run dry almost a […]


Peak Oil: Not if but when

Peak Oil: Not if but when thumbnail

Each year the world’s oil consumption grows. And as consumption grows, so do fears of shortages and rocketing petrol prices. According to the International Energy Agency, the planet’s oils fields are already in decline – meaning that oil production is about to peak before significantly falling behind demand. The question is therefore not ‘if’ we’ll […]


The problem with “Peak Oil” from an economist’s point of view

The problem with “Peak Oil” from an economist’s point of view thumbnail

The National Geographic Daily News blog cites a new International Energy Agency report that pins 2006 as the year in which oil production rates attained a pace that will not be again matched. Or, in other words, 2006 was the year of “Peak Oil.”  That projection is just one scenario of several looked at by […]


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@paulcurrion @RodZeidan @giancarlotorpi @BrankoMilan Willingly or by force we are going to make the transition because there is no alternative. The problem is what level of economic output we'll have after it. I doubt for example that we are going to see electrical planes. Will we have energy rationing like in the 40s ? #PeakOil

@paulcurrion @RodZeidan @giancarlotorpi @BrankoMilan If renewables were easy to implement and they had good EROIs then I wouldn't worry. But since most renewables have very low EROIs then I think we are heading towards catastrophe. Many industries depend on fossile fuels. And we need a hard rudder turn... #PeakOil

@RodZeidan @paulcurrion @giancarlotorpi @BrankoMilan And Growthers should give us a realistic way to increase fossile fuels production. But they ignore the problem and then wishfully hope that something like fusion power is going to come to the rescue. That's foolishness at its best ! #PeakOil