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News from August 2013

Rising Oil, Gas Production Lowers US Energy Security Risk

Rising Oil, Gas Production Lowers US Energy Security Risk thumbnail

The United States experienced a reduction in 2012 in its energy security risk thanks to rising U.S. oil and natural gas production and continued environmental improvements, according to a new report. The United States’ energy security risk score stood at 95.3 in 2012, down from 102.0 in the previous year, the highest since 1970, the […]


Iran’s supreme leader does not rule supreme

Iran’s supreme leader does not rule supreme thumbnail

U.S. President Barack Obama has twice written to Iranian Supreme Leader Ayatollah Ali Khamenei believing that he, not the president, holds ultimate power in the Islamic Republic and the key to unlocking the dispute over Tehran’s nuclear program. But the surprise emergence of President Hassan Rouhani, a close associate of Khamenei who advocates moderation, has […]


How Much Recoverable Oil Do We Have?

How Much Recoverable Oil Do We Have? thumbnail

Oil’s availability is of course of immediate concern to every driver, especially at a time when gasoline prices are high once again. The much greater concern, however, is whether we are reaching a limit where oil can no longer be recovered at prices consumers are willing to pay. If something like that turns out to […]


Bakken Additional Wells verses Barrels Per Day

Bakken Additional Wells verses Barrels Per Day thumbnail

I just spent half a day trying to make some correlation between Bakken additional wells per month and additional barrels per day. As most of you know the Bakken decline rate is atrocious. Therefore they must keep bringing more and more wells on line each month just to keep production increasing. If they keep adding […]


John Michael Greer on Richard Heinberg: Well and Truly Fracked

John Michael Greer on Richard Heinberg: Well and Truly Fracked thumbnail

The reduction of contemporary debates about the future to ritual theater, the theme of last week’s post here on The Archdruid Report, isn’t limited to the specific technological issues I discussed in that essay—the increasingly dubious quest for fusion power, on the one hand, and the prospects for the internet’s survival in an age of […]


Peak Oil’s Impact: Automobiles

Peak Oil’s Impact: Automobiles thumbnail

Oil plays an essential role in almost everything that touches our everyday lives. From the food we eat to the means by which we transport ourselves, our goods, and our services, to what we grow, build, have, own, need, and do, oil is almost always an important element. But the painful truth now and soon […]


China, Indonesia to Join Exxon at Giant Iraqi Oilfield

China, Indonesia to Join Exxon at Giant Iraqi Oilfield thumbnail

China and Indonesia are set to join Exxon Mobil’s $50 billion project to develop Iraq’s West Qurna-1 oilfield, company and industry sources said on Thursday. Various scenarios for farming out Exxon’s 60 percent stake in the giant oilfield are still under discussion, but at this stage China’s biggest energy firm PetroChina is expected to take […]


Scientists discover another cause of bee deaths

Scientists discover another cause of bee deaths thumbnail

So what is with all the dying bees? Scientists have been trying to discover this for years. Meanwhile, bees keep dropping like… well, you know. Is it mites? Pesticides? Cell phone towers? What is really at the root? Turns out the real issue really scary, because it is more complex and pervasive than thought. Quartz […]


US crude oil imports dependency to decline 32% by 2020

US crude oil imports dependency to decline 32% by 2020 thumbnail

China and the US to face opposing trends in demand, supply and cost structure US crude oil imports will fall significantly from a peak of US$335 billion to US$160 billion by 2020 according to recent analysis by Wood Mackenzie. As the US dependence on oil imports continues to decrease, China’s reliance on foreign oil is […]


Fukushima, Climate Change, Near-Term Extinction: Resignation Vs. Surrender

Fukushima, Climate Change, Near-Term Extinction: Resignation Vs. Surrender thumbnail

All things die and all things live forever; But our task is to die, To die making roads, Roads over the sea. ~Antonio Machado~ Recently a reader of my website asked me to clarify the difference between resignation and surrender. When faced with catastrophic climate change, near-term extinction, and the worst emission of radiation in […]


Presidential Meeting Signals Catastrophic Event

Presidential Meeting Signals Catastrophic Event thumbnail

If there’s one thing we know about how the US government operates, it’s that the American people are often the last to know about serious problems that may be taking place behind the scenes. This week, in a move that has spooked a lot of economic and financial analysts, President Barack Obama held a special, closed door meeting with the […]


Nerve Gas Attack in Syria

Nerve Gas Attack in Syria thumbnail

Genocide in Syria as 1,300 people including hundreds of women and children are wiped out in nerve gas attack say Syrian rebels as Hague warns use of chemical weapons would mark ‘shocking escalation’ Activists claim 1,300 killed in government rocket strike on residential area If true, it would represent the worst known use of chemical […]


Get Ready For The Death Of The Petrodollar

Get Ready For The Death Of The Petrodollar thumbnail

Even after seven years of writing macroeconomic analysis for the liberty movement and bearing witness to astonishing displays of financial and political stupidity by more “skeptics” than I can count, it never ceases to amaze me the amount of blind faith average Americans place in the strength of the U.S. dollar. One could explain in […]


Syria gas attack story has whiff of Saudi war propaganda

Syria gas attack story has whiff of Saudi war propaganda thumbnail

The reports of massive chemical attacks in Syria might become the “red line” for the US for active military intervention. But even rudimentary analysis of the story shows it is too early to believe its credibility. The Middle Eastern newspaper, Al Arabiya, reports that “At least 1,300 people have been killed in a nerve gas […]


The solution that has no name

The solution that has no name thumbnail

We all want to make a difference and have a good time–that’s the key to happiness. But how? We’re often not sure what to do. During the 1960s, I discovered something that transformed my life: the Highlander Center, the educational center where Rosa Parks was trained. Highlander was the hidden secret of the civil rights […]


Nearly 40 New Advanced Energy Storage Projects Kicked Off in the First Half of 2013

Nearly 40 New Advanced Energy Storage Projects Kicked Off in the First Half of 2013 thumbnail

According to Navigant Research, 38 new advanced energy storage projects were announced, deployed, or begun in the first six months of 2013. New technologies, including capacitor battery technology, lithium titanate oxide, nickel-iron, and solar thermal, are swelling the pipeline of advanced energy storage projects. At the same time, new variants on older technologies, such as […]


2/3rds of Global Solar PV Has Been Installed in the Last 2.5 Years

2/3rds of Global Solar PV Has Been Installed in the Last 2.5 Years thumbnail

If you want to understand why people so often compare deployment trends in solar photovoltaics (PV) to Moore’s law in computing, consider this statistic: two-thirds of all solar PV capacity in place worldwide has been installed since January 2011. Let’s put that into perspective. It took nearly four decades to install 50 gigawatts of PV […]


Forced Sterilization, Population Control and HIV/AIDS

Forced Sterilization, Population Control and HIV/AIDS thumbnail

Last July, a high court sentenced the Namibian state for the forced sterilization of three HIV-positive women. In Uzbekistan, authorities continue to deny reported cases. AWID looks into forced sterilizations in both countries and what it means for women’s reproductive rights. By Ani Colekessian* Though sterilization can be an effective family planning option for many […]


“Nothing will change”

“Nothing will change” thumbnail

“Nothing will change” sounds like a tagline to Francis Fukuyama’s End of History, the celebration of ‘liberal democracy’ as the final evolution of human governance. Perhaps fittingly, these were the words that NSA whistleblower Edward Snowden used to describe his greatest fear after he contributed evidence of the global US/UK surveillance operation that scaffolds western […]


The Fracking Chickens Are Coming Home To Roost

The Fracking Chickens Are Coming Home To Roost thumbnail

This won’t be the first time we’ve heard whispers of impending doom for the natural gas fracking industry, but since this one is coming from Bloomberg it’s probably worth a listen, so here’s the deal. Yesterday, Bloomberg reported that the boom in gas field purchasing from 2009 to 2012 has turned into a whopper of […]


Eagle Ford Shale – a snapshot of today’s activity

Eagle Ford Shale – a snapshot of today’s activity thumbnail

Southwest of Texas’ capital city Austin and towards the Mexican border there is a large area of shale called the “Eagle Ford Shale”, EFS. For those interested I can mention that there is a good website “Eagle Ford Shale” where one can find all sorts of information on Eagle Ford. Figures in this report are […]


Our Clean Energy Future

Our Clean Energy Future thumbnail

Following on my recent post bidding Farewell to The Oil Drum, I’d like to have a look at what I view as our longer term future for energy production and consumption. As noted in my previous post, for the time being the combination of unconventional oil extraction and the ramping up of extraction of natural […]


What are the Largest Risks to U.S. Energy Security?

What are the Largest Risks to U.S. Energy Security? thumbnail

The security of U.S. energy supply has been a major Federal Government priority since the Arab OPEC oil embargo in 1973.  Since the energy crises of the 1970’s (1973 and 1979) numerous regulations were implemented to improve U.S. energy security by reducing the need for high risk oil imports.  Improvements included developing alternatives to petroleum […]


Argentina: energy boom or energy cliff?

Argentina: energy boom or energy cliff? thumbnail

      Argentina has been a gas exporter until 2007-2008 (Mainly to Chile) and now is an importer (mainly from Bolivia and a regasification plants in Bahía Blanca and recently in Escobar) Source: Energy Export Data Browser At the end of the 20th century, Argentina started exporting gas to Chile, a mirage of the […]


Tankers Used to Carry Iran Oil Are Being Sold for Scrap

Tankers Used to Carry Iran Oil Are Being Sold for Scrap thumbnail

Three of eight tankers that the U.S. Treasury said helped Iran evade sanctions by shipping its oil were sold for demolition, according to data from IHS Maritime. The sales of the Bicas, Atlantic and Caribo appeared on Coulsdon, England-based IHS Maritime’s database in July and this month. The unit of IHS Inc. (IHS) provides data […]


The Nile Runs Red With Blood

The Nile Runs Red With Blood thumbnail

Egypt’s US-financed armed forces have gone to war against Egypt’s people. Arab spring has become Arab winter. So far, army and security police have scored brilliant battlefield victories against unarmed men, women and children, killing and wounding thousands who were demanding a return to democratic government. The latest Cairo protests by supporters of the elected […]


Tritium Measurement In Fukushima Bay Highest Ever As TEPCO Admits 40 Trillion Becquerels Have Spilled Into Pacific

Tritium Measurement In Fukushima Bay Highest Ever As TEPCO Admits 40 Trillion Becquerels Have Spilled Into Pacific thumbnail

Over the weekend we posted an in-depth narrative of what may happen in a theoretical worst case scenario in Fukushima, one in which the government continues to do nothing and pretends all is well, and where the end casualties are millions of innocent Japanese (and other) citizens, whose only crime is believing their government. Sadly, […]


Oil Depletion in Lithuania: 20 pct in 2013

Oil Depletion in Lithuania: 20 pct in 2013 thumbnail

According to the data provided by Lithuania’s Geological Service, within the year, oil extraction in Lithuania decreased by almost 20 percent. The main reasons for decrease are depletion of the current oil sources and slow progress in oil exploration, reported LETA/ELTA.   According to Minister of Environment Valentinas Mazuronis, it is natural that exploiting the […]


Egypt freezes gas deal talks with Qatar

Egypt freezes gas deal talks with Qatar thumbnail

Cash-strapped Egypt has frozen talks to import liquefied natural gas (LNG) from wealthy Qatar due to the political instability and violence that erupted after the army swept the streets of the supporters of ousted President Mohammad Mursi last week, an official said on Monday. “We were planning to resume the talks very soon but as […]


Kenya signs energy deals worth $5 bln with China

Kenya signs energy deals worth $5 bln with China thumbnail

Kenya signed deals worth $5 billion with China on Monday to construct a railway line and an energy project, deepening ties with the Asian country keen to expand investment in Africa. The cash would be spent on energy projects, a standard gauge railway linking the port of Mombasa in east Africa’s biggest economy to its […]


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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