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News from April 2011

Peak Oil Aware Biologist John Janovy, Jr. Predicts Future Human Evolution

Peak Oil Aware Biologist John Janovy, Jr. Predicts Future Human Evolution thumbnail

What Will Human Life Be Like in a Couple of Thousand Years? Obviously there is no way to answer this question of the title for certain, but we can do a little thought experiment that might suggest some answers. Picture yourself in what is now Israel at the time of Jesus’ crucifixion attempting to predict […]


John Perkins: Libya’s Not About Oil, It’s About Currency and Loans

John Perkins: Libya’s Not About Oil, It’s About Currency and Loans thumbnail

World Bank President Robert Zoellick Thursday said he hopes the institution will have a role rebuilding Libya as it emerges from current unrest. Zoellick at a panel discussion noted the bank’s early role in the reconstruction of France, Japan and other nations after World War II. “Reconstruction now means (Ivory Coast), it means southern Sudan, […]


Fukushima still a threat: senior officials

Fukushima still a threat: senior officials thumbnail

Two senior Japanese officials have warned that there is still a real risk of a catastrophic disaster at the stricken Fukushima nuclear power plant. Since Japan’s devastating earthquake and tsunami seven weeks ago an army of emergency workers has stabilised two of its six reactors but the other four remain volatile. The head of the […]


Gasoline Gangsters Episode 17: Dead Malls

Gasoline Gangsters Episode 17: Dead Malls thumbnail

With the onset of peak oil many North American shopping malls will wither and die. This is the story of five shopping malls where retail dream are already a shoppers worst nightmare. I visit the Honeydale, Rexdale, Gallaria, Wellesworth & The Crossroads Mall. youtube.com


The razor edge of oil prices in our future

The razor edge of oil prices in our future thumbnail

Urbanist James Howard Kunstler recently offered a succinct explanation of rising oil prices in a world where demand is increasing while production and new discoveries have irretrievably plateaued: You will recall, perhaps, that hoary old concept, the “bumpy plateau” of the peak oil story. This was the idea that the actual tippy-top “peak” of peak […]


Shale Oil and the Bakken Shale are all hype

Shale Oil and the Bakken Shale are all hype thumbnail

Shale Oil and the Bakken Shale are all hype! The world is currently on oil production plateau. An oil production plateau is peak oil. The easy to get oil has mostly been used up. Oil extraction is becoming harder, more expensive and more energy intensive. The Bakken Formation: How Much Will It Help? http://www.theoildrum.com/node/3868 Shale […]


Oil and Gas Reserves, Ultimate Recovery, and Resource

Oil and Gas Reserves, Ultimate Recovery, and Resource thumbnail

We are not running out of oil and we are not running out of gas. Surely the time for alternatives will eventually come but for now their present value is essentially zero and with massive government subsidies it becomes negative, a huge burden on society and economy. More than 160 billion barrels of oil are […]


What happened to our millions?

What happened to our millions? thumbnail

Fifty-six, I told the financial planner. That was the magical number I wanted to retire at. My husband said 62. At the time, I had an 18-month-old daughter who I was caring for full time, a husband who had just been promoted, and two 401Ks that were heavily funded in our 20s, as we had […]


China may have bankrupted itself building high-speed rail

China may have bankrupted itself building high-speed rail thumbnail

We’re all about high-speed rail, but not if it’s going to bankrupt the world’s second largest economy. Zhao Jian, a professor at Beijing Jiaotong University and a longtime critic of high-speed rail, said he worries that the cost of [the country’s high speed rail] project might have created a hidden debt bomb that threatens China’s […]


What’s a Home Garden Worth?

What’s a Home Garden Worth? thumbnail

With the global economy spiraling downward and Mother Nature preparing to reach upward, it’s a good question to ask and a good time to ask it. There isn’t one right answer, of course, but I’ll give you mine: $2149.15. Last year, my wife Jacqueline suggested to me that we calculate the total value of the […]


Freedom through Frugality & Transition Towns

Freedom through Frugality & Transition Towns thumbnail

Montpelier resident Jane Dwinell has followed the method in Your Money or Your Life to live frugally and retire in her mid-fifties. She celebrates and elaborates on the method in her new book, Freedom through Frugality. Annie McCleary is coordinator for Transition Town Montpelier, part of the worldwide Transition movement, which helps Vermonters take control […]


80% Improvement In Solar Cell Efficiency

80% Improvement In Solar Cell Efficiency thumbnail

“Chemistry researchers at Oak Ridge National Laboratory say they’ve improved the efficiency of typical solar cells by a whopping 80% by creating a 3-D nanocone-based solar cell platform. The technology tackles the problem of poor transport of charges generated by solar photons. These charges — ‘negative electrons and positive holes’ — typically become trapped by […]


Peak oil: it’s closer than you think

Peak oil: it’s closer than you think thumbnail

Peak oil is forcing its way to the top of the agenda with stark warnings from the International Energy Agency and others repeated on ABC radio and television this week, after an investigation by the Catalyst program. Following up a similar program she made in 2005, journalist Jonica Newby gained a rare interview with the […]


Did Libya Just Invade Tunisia?

Did Libya Just Invade Tunisia? thumbnail

Sounds crazy but, “Forces loyal to Muammar Gaddafi crossed into neighbouring Tunisia and fought a gun battle with Tunisian troops in a frontier town as Libya’s conflict spilt beyond its borders…Pro-Gaddafi forces fired shells into the town of Dehiba, damaging buildings and injuring at least one resident, and a group of them drove into the […]


Petrobras Discovers More Oil in Brazil

Petrobras Discovers More Oil in Brazil thumbnail

Petrobras announced the discovery of a new oil accumulation in the Campos Basin pre-salt, through well 6-AB-119D-RJS drilled in the Albacora field, 107 km off the coast and only 3.2km from the FPSO P-31, by semisub Ocean Concord. Preliminary volume estimates indicate an economically recoverable volume potential of approximately 350 million barrels of good quality […]


Population, Peak oil and climate change Bruce Robinson

Population, Peak oil and climate change Bruce Robinson thumbnail

Population, Peak Oil and Climate Change and their effect on the Millennium Development Goals conference Canberra Australia. March 15-16 2008. Address by Bruce Robinson. ASPO (Australia). Peak Oil impact on the MDG’s.


ABC Catalyst Peak Oil Report

ABC Catalyst Peak Oil Report thumbnail

Catalyst travels from Paris, to London, to the outer space like world that is deep sea drilling, to find out where we stand with our oil supply Transcript available at: http://www.abc.net.au/catalyst/stories/3201781.htm


Gasoline Gangsters Episode 15: Peak-A-Boo! New EIA Data

Gasoline Gangsters Episode 15: Peak-A-Boo! New EIA Data thumbnail

In this episode I review EIA or Energy Information Administration data for oil production in Africa, the Middle East and North America.


How close is peak oil?

How close is peak oil? thumbnail

It seems politicians everywhere are suddenly waking up to the implications of peak oil. When will it arrive? Has it already passed? What does it mean for prices? And what do those prices mean for economic growth, and geopolitical risk? Most are finding that whatever action they are thinking of taking now, they should have […]


Days of Abundant Resources and Falling Prices Are Over Forever

Days of Abundant Resources and Falling Prices Are Over Forever thumbnail

Until about 1800, our species had no safety margin and lived, like other animals, up to the limit of the food supply, ebbing and fl owing in population. From about 1800 on the use of hydrocarbons allowed for an explosion in energy use, in food supply, and, through the creation of surpluses, a dramatic increase […]


A few observations from the world of oil price mania

A few observations from the world of oil price mania thumbnail

I’ve been interviewed recently by two separate television networks, and either the producer or on-camera “talent” felt it necessary to say the same thing: “I’m sick of this gasoline story.” How many times can you stick a microphone in somebody’s face, asking them to comment on their feelings as $4 gasoline flows into their SUV and the […]


Wal-Mart shoppers running out of money

Wal-Mart shoppers running out of money thumbnail

Wal-Mart’s core shoppers are running out of money much faster than a year ago due to rising gasoline prices, and the retail giant is worried, CEO Mike Duke said Wednesday. “We’re seeing core consumers under a lot of pressure,” Duke said at an event in New York. “There’s no doubt that rising fuel prices are […]


China’s population rises to 1.339 billion

China’s population rises to 1.339 billion thumbnail

China said on Thursday its population — already the world’s largest — increased by 73.9 million over the past decade to 1.339 billion in 2010, citing the results of the latest national census. The increase since the previous full nationwide 10-yearly census in 2000 was more than the population of Thailand — and greater than […]


“Massive crop losses” feared from US drought

“Massive crop losses” feared from US drought thumbnail

The worst drought in more than 40 years intensified across Texas over the last week, with high winds and heat causing “massive crop losses,” with little relief in sight, according to weather experts Thursday. A report released Thursday from a consortium of national climate experts, dubbed the Drought Monitor, said drought worsened along the Texas […]


What ‘peak everything’ means for investors

What ‘peak everything’ means for investors thumbnail

“Nothing to see here, folks. Move along now.” That was pretty much the message from Federal Reserve chief Ben Bernanke’s first big press conference last night. Inflation might be a bit higher than expected, but it’ll all go away: it’s just “a short-term increase”. And growth will be slower than previously expected too. So in […]


EIA updates energy outlook reference case

EIA updates energy outlook reference case thumbnail

Strong growth in shale gas production, increasing use of natural gas and renewable energy sources in electric power generation, and declining reliance on imported liquid fuels are some of the findings in the latest energy outlook from the US Energy Information Administration. EIA’s Annual Energy Outlook 2011 (AEO2011) focuses on US energy market developments over […]


Immediate Reductions in EIA’s Energy Data and Analysis Programs

Immediate Reductions in EIA’s Energy Data and Analysis Programs thumbnail

The final fiscal year (FY) 2011 budget provides $95.4 million for the U.S. Energy Information Administration (EIA), a reduction of $15.2 million, or 14 percent, from the FY 2010 level. “The lower FY 2011 funding level will require significant cuts in EIA’s data, analysis, and forecasting activities,” said EIA Administrator Richard Newell. “EIA had already […]


Matthew Simmons on Peak Oil

Matthew Simmons on Peak Oil thumbnail

Twilight in the Desert at ASPO USA Peak Oil conference at Boston University, Oct 27, 2006.


More on the Saudi oil output slash

More on the Saudi oil output slash thumbnail

Soon after we posted the piece on April 18, regarding the report from the Saudi Oil Minister, Ali al-Naimi, we discovered an article we’d clipped from the Oil & Gas Journal, sourced from the Oil & Gas Journal Online, dated March 28 (two days before the President’s energy speech).  So, this March 28 article actually […]


How We’ll Power The U.S. In 2035

How We’ll Power The U.S. In 2035 thumbnail

The current energy landscape is rife with contradictions: Gas prices are shooting up, renewables are being implemented at a seemingly rapid pace, natural gas is being simultaneously demonized and hailed as an energy savior, and electric cars are finally starting to roll off production lines. Fortunately, your tax dollars fund a government agency devoted to […]


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