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News from January 2014

Iraq oil exports dip in 2013

Iraq oil exports dip in 2013 thumbnail

Iraq’s oil exports and revenues declined in 2013 compared to the previous year, official figures showed Wednesday, despite efforts to dramatically ramp up crude sales to fund much-needed reconstruction. Exports totalled 872.3 million barrels, or 2.39 million bpd, last year compared with 2.42 million bpd in 2012, according to oil ministry figures. Revenues dipped to […]


The World is sleepwalking to a Global Energy Crisis

The World is sleepwalking to a Global Energy Crisis thumbnail

All signs of desperation, Albert. The party’s about to end and the most greedy people are getting as bladdered as they can, and stashing away their own private supplies before the booze runs out. Sad, and also childish. 2014 – This documentary and the other documentaries on this channel are very informative, interesting, and even […]


Oil Security 2025 report – US remains vulnerable

Oil Security 2025 report – US remains vulnerable thumbnail

The inaugural work of the Commission on Energy and Geopolitics, “Oil Security 2025: U.S. National Security Policy in an Era of Domestic Oil Abundance,” explores the potential for U.S. oil production to impact American foreign policy and national security in the coming decade and presents a series of recommendations designed to safeguard and advance U.S. […]


Davos: peeling back the veneer

Davos: peeling back the veneer thumbnail

Scrolling through the website of the World Economic Forum – convening this week in Davos, Switzerland – one might confuse the premier platform for global capital with a savvy and hip think tank, or perhaps a philanthropic aid and development charity. The content is carefully curated to sedate and comfort. The right buzzwords are there: […]


The Peak Oil Crisis: Hydrinos In Your Future?

The Peak Oil Crisis: Hydrinos In Your Future? thumbnail

In recent months I have written about the progress being made in “cold fusion” which is short hand for a third way to extract energy from the forces binding atoms together. Some who are familiar with the details of what has been going on appreciate that we are nearly over denying that cold fusion is […]


New leak found in Fukushima plant’s wrecked No. 3 building

New leak found in Fukushima plant’s wrecked No. 3 building thumbnail

A new water leak, possibly from the effort to cool a crippled reactor, has been detected on the first floor of a reactor building at the Fukushima No. 1 nuclear power plant, Tokyo Electric Power Co. said Jan. 18. TEPCO said workers discovered by a video feed that water was leaking on the first floor […]


After the Collapse: Six Likely Events That Will Follow an Economic Crash

After the Collapse: Six Likely Events That Will Follow an Economic Crash thumbnail

It’s not too difficult to understand that we are well on our way to a paradigm shift in America; in fact we’re in the midst of it right now. The writing is on the wall and can no longer be ignored. The US government has run up trillions of dollars in debt, and given the […]


A System Doomed To Fail

A System Doomed To Fail thumbnail

In the broadest sense, there are three types of systems in the world. The first are simple systems which are characterized by only a few variables or agents, and which can be described by perhaps a handful of equations (or even one). The second are systems which are characterized by disorganized complexity. These may consist […]


Nine Meals Away From Anarchy

Nine Meals Away From Anarchy thumbnail

To every anarchist… If you feel the definition of anarchy is misrepresented, see the definition of it below, and deal with it. Anarchy has more than one meaning. Merriam Webster Dictionary an·ar·chy noun \ˈa-nər-kē, -ˌnär-\ 1) absence of government 2) a state of lawlessness or political disorder due to the absence of governmental authority. 3) […]


China Seen Retaking Lead From US in Oil Demand Growth

China Seen Retaking Lead From US in Oil Demand Growth thumbnail

China will retake the lead over the U.S. in oil demand growth this year as its manufacturing and transportation industries expand, the International Energy Agency said. Chinese use is forecast to expand 3.6 percent, or 369,000 barrels a day, to 10.49 million barrels a day this year, the Paris-based energy adviser said in its monthly […]


The Fracking Lobby Lie

The Fracking Lobby Lie thumbnail

It’s that time of year again, when fracking opponents pay Common Cause to put out a report minimizing their own lobbying activities and wailing about the those of the oil and gas industry.  Several times a year, with more regularity than Halley’s Comet, a strikingly similar headline appears in the pages of New York news […]


India Is Building The World’s Largest Solar Plant

India Is Building The World’s Largest Solar Plant thumbnail

Electricity-hungry India is flipping the switch on huge new solar energy projects to fuel its growing economy, using cheap — mainly Chinese — foreign technology to reduce once sky-high generation costs to competitive levels. Since 2010, India has hiked installed solar power capacity from a meagre 17.8 megawatts to more than 2,000MW, official figures show, […]


Growing Up From The Need To Always Grow

Growing Up From The Need To Always Grow thumbnail

    Photo: Lending Memo. In the Western World, growth is our mantra.  Our schools, our religions, our governments, our businesses, all our institutions bombard us with the same message that to be all that we are meant to be means we have to grow. Growth in and of itself can be a good thing, […]


Americans Driving Down Their Driving Miles

Americans Driving Down Their Driving Miles thumbnail

We may be witnessing a historic change in our driving habits. Americans love their cars and love to drive their cars. With each American traveling on average less than 10,000 miles a year and the country as a whole nearly three trillion total vehicle miles traveled per year (VMT), we are hands down the champs at racking up […]


Tech Talk – Production, Profit and Projection

Tech Talk – Production, Profit and Projection thumbnail

As we move steadily through the first month of this new year, US production of crude has continued to increase, with the EIA now showing levels of around 8.2 mbd production. Figure 1. US Domestic Crude production through the end of 2013 (EIA TWIP) Finished gasoline production has been floating around a level of 9.2 […]


How America’s Fracking Boom Is Helping Bolster Treasuries Demand

How America’s Fracking Boom Is Helping Bolster Treasuries Demand thumbnail

America’s shale boom is providing an unintended benefit to U.S. government bonds. With the U.S. economy relying less on oil and gas imports than at any time in two decades, energy expenses for Americans have fallen and cut into inflation more than any other living cost in the past year, according to data compiled by […]


Orlov: The Peace-Violence Axis

Orlov: The Peace-Violence Axis thumbnail

Albert’s plot of thinkers has elicited some strong reactions. The vertical “Ecotopia”/“Collapse” axis seems somewhat less controversial: it seems that some people are more optimistic, some less optimistic, but that this is a personal preference that others can easily accept. But the horizontal axis, especially in his initial version, where it went from “peaceful transformation” […]


US eases some sanctions on Iran, including oil

US eases some sanctions on Iran, including oil thumbnail

The United States on Monday eased some sanctions on Iran, pausing efforts to reduce Iranian crude oil exports, as part of a nuclear deal between Tehran and world powers that went into effect. The Treasury Department said that now that Iran has fulfilled its initial nuclear commitments under the deal, “the administration has taken the […]


Natural Gas Globalization in Process

Natural Gas Globalization in Process thumbnail

As the energy industry gears up for another busy year, many challenges will have to be addressed, specifically in the natural gas arena, according to a study, “Challenging Climates: The outlook for the oil and gas industry in 2014”, completed by DNV GL. “The findings from this year’s research reaffirm the oil and gas sector’s […]


Ban Ki-moon withdraws Iran’s invite to Syria talks

Ban Ki-moon withdraws Iran’s invite to Syria talks thumbnail

U.N. Secretary-General Ban Ki-moon on Monday withdrew an offer for Iran to attend Syria peace negotiations after Tehran declared it does not support the June 2012 political transition deal that is the basis for the talks. “He (Ban) continues to urge Iran to join the global consensus behind the Geneva communiqué,” Ban’s spokesman Martin Nesirky […]


China Preparing to Target U.S. Aircraft Carriers

China Preparing to Target U.S. Aircraft Carriers thumbnail

“Mutually Assured Destruction” guiding hypersonic missile policy in Washington & Beijing China’s new hypersonic missile vehicle is primarily designed to target U.S. aircraft carriers, military expert Chen Hu told the state-run China Central Television (CCTV) in yet another admission of Beijing’s increasingly hostile geopolitical posturing. The WU-14, a hypersonic glide vehicle which can penetrate missile […]


America’s Feel-Good Oil Bonanza

America’s Feel-Good Oil Bonanza thumbnail

Think back to early 2004. Oil cost around $40 per barrel1—on the high side compared to the previous few decades but not much out of the ordinary. Gasoline still cost under $2.00 a gallon for most of the country. The evening news was more concerned with wardrobe gaffes by Janet Jackson (too little, at the […]


Converting Coal to Synthetic Natural Gas in China

Converting Coal to Synthetic Natural Gas in China thumbnail

 With so much attention focused on China’s shale gas potential, its growing synthetic natural gas industry is a wild card. In light of China’s severe air quality problems,  trading smog for higher CO2 emissions is an understandable choice, but one with global implications. In its latest Medium-Term Coal Market Report the International Energy Agency (IEA) […]


African energy consumption

African energy consumption thumbnail

BP project that Africa will experience the world’s fastest regional energy demand growth, driven by urbanisation, rising populations, and strong GDP growth. The company also believes that Africa will remain a significant exporter of oil and gas. Below are a few reasons why: In 2035, Africa will have 21% of the world’s population compared to […]


An Interview with Dr. Sadad Al-Husseini

An Interview with Dr. Sadad Al-Husseini thumbnail

Since the autumn of 2011, a storyline of “oil revolution” and oil abundance–even “North American energy independence”—has taken the US media by storm.  That storyline seems to have lifted off in rough tandem with an op-ed in The Wall Street Journal by Daniel Yergin—“There Will Be Oil”—followed not long thereafter with a report by CitiGroup’s Edward […]


Peak Oil Denial: Nonsense Keeps Rolling Along # 5

Peak Oil Denial: Nonsense Keeps Rolling Along # 5 thumbnail

At the risk of starting a cat fight where truth may too quickly become a casualty, why don’t we more forcefully challenge those who deny peak oil (and global warming) and who do so for reasons that generally ignore reality in favor of narrowly-defined interests? Those motivations will ultimately do nothing but promote more eventual […]


Oil Glut Threatens US Shale Revolution

Oil Glut Threatens US Shale Revolution thumbnail

The year 2014 could pose a milestone for the U.S. oil industry. In its latest annual World Energy Outlook, the International Energy Agency predicted that the U.S. would become the world’s largest producer of oil by 2015, thus surpassing Russia and Saudi Arabia. Comparably, the U.S. Energy Information Administration estimates that the U.S. will produce […]


Fracking in the Barnett Shale around Dallas-Fort Worth, a city of 1 million

Fracking in the Barnett Shale around Dallas-Fort Worth, a city of 1 million thumbnail

For the past 100 days I have visited shale formations with oil and gas from Amarillo in the north to Laredo and Eagle Ford in the south, from Odessa and the Permian Basin in the west to Nocogdoches and the Haynesville Shale in the east. The only remaining shale formation to visit on my list […]


World powers, Iran to activate landmark nuclear deal

World powers, Iran to activate landmark nuclear deal thumbnail

Iran has halted its most sensitive nuclear activity under a ground-breaking deal with world powers, a confidential U.N. atomic agency report reviewed by Reuters on Monday showed, paving the way for the easing of some Western sanctions. Western states were expected to ease sanctions later on Monday after the United Nations nuclear watchdog confirmed Iran […]


Recharting Collapseniks

Recharting Collapseniks thumbnail

“Only a few are willing to risk arrest for the sake of an utopian outcome. Ted ‘The Unabomber’ Kaczynski obviously occupies the upper right corner. Starhawk, Bill McKibben and David Graeber are not lighting any fuses but at least have what they think are better plans, or maybe just better processes.” Our post of January […]


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