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News from March 2011

OPEC sees “acceptable” oil peak at $120

OPEC sees “acceptable” oil peak at $120 thumbnail

OPEC believes the oil price is approaching $120 per barrel but unlikely to go higher, a level that is “acceptable” and will not hinder global growth, Iraqi oil minister Abdul-Kareem Luaibi said on Tuesday. “Global oil prices are moving towards $120 a barrel. We consider this an acceptable price that will not harm global growth,” […]


Heinberg: Won’t Innovation, Substitution, and Efficiency Keep Us Growing?

Heinberg: Won’t Innovation, Substitution, and Efficiency Keep Us Growing? thumbnail

I want to believe in innovation and its possibilities, but I am more thoroughly convinced of entropy. Most of what we do merely creates local upticks in organization in an overall downward sloping curve. In that regard, technology is a bag of tricks that allows us to slow and even reverse the trend, sometimes globally, […]


Nuclear Plant’s Fuel Rods Damaged, Leaking Into Sea

Nuclear Plant’s Fuel Rods Damaged, Leaking Into Sea thumbnail

Radiation leaked into the sea from Japan’s crippled nuclear plant, raising concern that seafood may become tainted, while the site’s operator moved closer to restoring power to critical cooling pumps. Five kinds of radioactive materials released by damaged fuel rods were detected in the sea, Tokyo Electric Power Co. said on its website. Levels if […]


Peak Oil Theory Misses 2010’s New Peak

Peak Oil Theory Misses 2010’s New Peak thumbnail

Like the TV show Twin Peaks in the 1990s, “Peak Oil” theory also has a cult following. A day doesn’t go by that we do not hear about peak oil, and a lot of time is devoted to these types of conspiracy theories without solid analysis. The message becomes the foundation for erratic thinking, and […]


300 years of fossil fuels in 300 seconds

300 years of fossil fuels in 300 seconds thumbnail

From Tod Brilliant of PCI: Last week we asked for your help with the YouTube/See3 DoGooder Nonprofit Video Awards. Thousands of organizations participated and four were awarded the top prize. THANKS TO YOU and your support, Post Carbon Institute secured the Best Video in the Small Nonprofit category. For this we are grateful and proud. […]


US Wind Energy Installations Collapsed in 2010

US Wind Energy Installations Collapsed in 2010 thumbnail

I’m amazed I hadn’t heard about this already – there is obviously some important gap in my set of blog/news subscriptions.  I just decided I wanted to know whether the growth in US wind installations had continued in 2010, so I went to the American Wind Energy Association website, and ended up at their Q4 […]


A History of Rigged & Fraudulent Oil Price

A History of Rigged & Fraudulent Oil Price thumbnail

Below, please find excerpts from an interview forwarded to me by Mr. Lars Schall of chaostheoren.de with oil expert F. William Engdahl. You may find the full transcript of this interview here. Whether you agree or disagree with Mr. Engdahl’s theories, his insight always presents perspectives given almost zero coverage by the mainstream media and for […]


Nuclear plant workers restore power to two reactors as Japanese admit radiation has got into Tokyo’s tap water

Nuclear plant workers restore power to two reactors as Japanese admit radiation has got into Tokyo’s tap water thumbnail

Engineers ready to start cooling two reactors But they may have to release radioactive steam from another unit Villagers told not to drink tap water because of radioactive iodine Government bans sale of spinach near Fukushima Death toll estimate hits 18,000 Iodine tablets handed out to 540 Britons Radiation from Japan’s stricken nuclear power plant […]


Taking the ‘war’ out of US air wars

Taking the ‘war’ out of US air wars thumbnail

Start this way: American “air superiority” in any war the US now fights is total. In fact, the last time American jets met enemy planes of any sort in any skies was in the First Gulf War in 1991, and since Saddam Hussein’s once powerful air force didn’t offer much opposition – most of its […]


Yemeni generals defect to opposition

Yemeni generals defect to opposition thumbnail

Tanks and armored vehicles deployed in the Yemeni capital on Monday after a three top army commanders announced they were defecting to the opposition. “We announce our peaceful support for the peaceful revolution of the youth and their demands and we carry out our duty … in ensuring security and stability in the capital,” top […]


Doomsters Abound But None Saw Arab Political Squall Coming

Doomsters Abound But None Saw Arab Political Squall Coming thumbnail

Could anyone have predicted the political storm that in just a few short weeks has shaken the Arab world and knocked down some of its most diehard leaders like kings on a chess board, overpowered by undervalued pawns? After months of upheaval, the winds of change have swept across North Africa to the oil-rich Persian […]


Jim Berkland – A Major Earthquake in North America Imminent

Jim Berkland – A Major Earthquake in North America Imminent thumbnail

Earthquake forecaster Jim Berkland warns of a ‘high risk’ seismic window and potential for a massive quake poised to strike somewhere in North America in between the dates of March 19th and 26th. Berkland points to the recent mass fish die-off at King Harbor near Redondo Beach as a harbringer of a potential catastrophic quake […]


Libya to give weapons to one million people: report

Libya to give weapons to one million people: report thumbnail

Libya‘s government has begun distributing arms to more than one million people and will complete the operation within hours, the state news agency reported on Sunday. Jana news agency quoted sources in Libya’s defense ministry as saying they “expected the operation to end in the next hours to arm more than a million men and […]


Radiation discovery fans food fears in Japan

Radiation discovery fans food fears in Japan thumbnail

At a bustling Tokyo supermarket Sunday, wary shoppers avoided one particular bin of spinach. The produce came from Ibaraki prefecture in the northeast, where radiation was found in spinach grown up to 75 miles (120 kilometers) from the crippled Fukushima nuclear plant. Another bin of spinach — labeled as being from Chiba prefecture, west of […]


New Oil Spill Reported Near Deepwater Drilling Site in Gulf

New Oil Spill Reported Near Deepwater Drilling Site in Gulf thumbnail

The Coast Guard is investigating reports of a potentially large oil slick in the Gulf of Mexico not far from the Deepwater Horizon site. According to a knowledgeable source, the slick was sighted by a helicopter pilot on Friday and is about 100 miles long. A fishing boat captain said he went through the slick yesterday and it was […]


Peak Oil: the end of the world as we know it?

Peak Oil: the end of the world as we know it? thumbnail

That the whole world’s economic and social models completely depend on the consumption of fossil fuels is perhaps a well-known fact. Amongst these, petroleum has been called “the life bloodof modern civilization” (Hirsch:2009).  Beyond its use as a raw material for the manufacture of such products as plastics and medicines, it provides 99% of the […]


Saudi Aramco Agrees to Supply Oil to Chinese Refinery

Saudi Aramco Agrees to Supply Oil to Chinese Refinery thumbnail

State-owned Saudi Arabian Oil Co. Sunday said its unit Aramco Overseas Co., signed a memorandum of understanding with PetroChina Co. Ltd., a subsidiary of China National Petroleum Corp. to supply crude to a planned grassroots refinery in southwest China. Aramco, the world’s biggest oil company, will supply as much as 200,000 barrels a day of […]


5 Theories Why We’re Experiencing Increased Earthquake Activity

5 Theories Why We’re Experiencing Increased Earthquake Activity thumbnail

Planet Earth has experienced a very noticeable up-tick in earthquake activity and intensity over the last five years. Leading up to the great Japan quake, we’ve witnessed the utter devastation from the 2004 Indian Ocean megathrust earthquake and tsunami, the catastrophic Haiti quake, an axis-moving Chile quake in 2010, massive and multiple quakes in New […]


U.S. Tomahawk Cruise Missiles Hit Targets in Libya

U.S. Tomahawk Cruise Missiles Hit Targets in Libya thumbnail

U.S. military officials have confirmed the first American tomahawk cruise missiles have been fired at targets inside Libya from ships in the Mediterranean Sea. The move is the first direct U.S. involvement in the international operation mobilizing to stop Libyan leader Moammar Gadhafi’s attacks on opposition strongholds and enforce a U.N.-backed no-fly zone. Pentagon officials […]


Geologists Say California Quake May Be Next

Geologists Say California Quake May Be Next thumbnail

“Newsweek reports that first there was a violent magnitude-8.8 event in Chile in 2010, then a horrifically destructive Pacific earthquake in New Zealand on February 22, and now the recent earthquake in Japan. Though there is still no hard scientific evidence to explain why, there is little doubt now that earthquakes do tend to occur […]


Libya says may give oil deals to China, India

Libya says may give oil deals to China, India thumbnail

Libya is considering offering oil block contracts directly to China, India and other nations it sees as friends in its month-long conflict with rebels, Libya’s top oil official said on Saturday. Oil companies have pulled out staff and shut operations in the country, formerly Africa’s third-largest producer, due to the uprising against Muammar Gaddafi’s rule, […]


Chossudovsky: Libya no-fly zone means war

Chossudovsky: Libya no-fly zone means war thumbnail

The UN Security Council adopted a resolution establishing a no-fly zone over Libya. Michel Chossudovsky, director of Centre for Research on Globalization, says western nations are interested in Libyan oil and other resources, not protecting the people and that is why they care more about the fight in Libya, than elsewhere in the Arab world.


Caldicott: UN lies about nuclear threat

Caldicott: UN lies about nuclear threat thumbnail

Japan’s nuclear crisis is reminiscent of the past — both Three Mile Island and Chernobyl. Helen Caldicott, the author of “Nuclear Power is not the Answer” explained disasters like this could cause global nuclear catastrophe and are exactly why nuclear power is not a viable option for solving the planet’s energy woes. She argued accidents […]


French planes fly over Libya; Gaddafi hits Benghazi

French planes fly over Libya; Gaddafi hits Benghazi thumbnail

French reconnaissance planes flew over Libya on Saturday, in the first sign that international air strikes may be imminent while Muammar Gaddafi’s forces tried to push into the rebel-held city of Benghazi. “There are French reconnaissance aircraft over Libya,” a French military source told Reuters at 2:15 p.m. British time. The advance by Gaddafi’s troops […]


What Happens in Japan Stays in Japan –NOT

What Happens in Japan Stays in Japan –NOT thumbnail

An economic chain ties us all together. Take your calendar and circle March 11th. The Day the World Changed That was the day your life began changing no matter where you live. You probably didn’t notice any change then, other than the pain and horror of watching this triple disaster unfold on the news, but […]


Google backs biomass fuel

Google backs biomass fuel thumbnail

The venture capital arm of Google Inc has invested in a start-up that is developing technology to produce fuel from inedible biomass such as grass and wood chips. The process, deployed by CoolPlanetBiofuels, also produces a byproduct that can capture carbon and also be added to soil to improve crop yields, leading to what Google […]


Radiation hampers efforts to restore power to nuclear plant in Japan

Radiation hampers efforts to restore power to nuclear plant in Japan thumbnail

Efforts to try to restore power to reactors at the Fukushima Daiichi complex are interrupted as high radiation forces the withdrawal of workers. But it’s unclear whether a return of power will help. Spent fuel rods remain the biggest concern. LA Times


Saudi King Orders Billions more in Handouts

Saudi King Orders Billions more in Handouts thumbnail

Saudi King Abdullah announced on Friday billions of dollars in handouts for his people and boosted his security apparatus in a renewed effort to shield the world’s top oil exporter from unrest rocking the Arab world. In a rare televized address to the nation, the ageing king made a brief statement congratulating Saudis for their […]


Jay Hanson: Denial Defense Mechanisms

Jay Hanson: Denial Defense Mechanisms thumbnail

So many people have been brainwashed by obsolete Freudian nonsense, that I put that piece about “denial” on my web site: http://www.jayhanson.org/_Biology/NotDenialItsPolitics.html The *powers that be* aren’t in “denial,” they are simply lying. You want political change? See http://www.jayhanson.org/#your_tactics Jay EnergyResources


Make Money as the World Goes Mad

Make Money as the World Goes Mad thumbnail

“You need to live in a community of like-minded individuals. Everybody has to be on the same page… And everyone needs to know their role.” That was one of the main bullet points legendary investor Mike Schaefer offered at the 2008 Peak Oil Summit. We were having dinner at the Lodge at Whitefish Lake, near […]


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