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News from March 2014

Thoughts About Norm Borlaug On : The 100th Birthday Of “The Man Who Fed The World”

Thoughts About Norm Borlaug On : The 100th Birthday Of “The Man Who Fed The World” thumbnail

Norman Borlaug would have been 100 years old today. He has been called “The Man Who Fed The World,” and “The Father of The Green Revolution.” Norm Borlaug was the first plant pathologist to be awarded a Nobel Prize (1970) – for contributions to world peace. For all of use who are fellow plant pathologists, […]


Angolan oil will peak in 2016, IMF says

Angolan oil will peak in 2016, IMF says thumbnail

Economic growth in Angola will slow in 2017 as oil output declines, according to the International Monetary Fund (IMF). The economy is forecast to expand by 5.3 percent this year, and by 5.5 percent and 5.9 percent in the following two years before the rate slows to 3.3 percent in 2017, IMF figures show. Crude […]


Russian Oil Seen Heading East Not West in Crimea Spat

Russian Oil Seen Heading East Not West in Crimea Spat thumbnail

The Crimean crisis is poised to reshape the politics of oil by accelerating Russia’s drive to send more barrels to China, leaving Europe with pricier imports and boosting U.S. dependence on fuel from the Middle East. China already has agreed to buy more than $350 billion of Russian crude in coming years from the government […]


Peak Oil: Laherrère, Real Curves, and Official Curves

Peak Oil: Laherrère, Real Curves, and Official Curves thumbnail

The graph above is Figure 11 from Jean Laherrère, “World Oil and Gas Production Forecasts up to 2100,” The Oil Drum, July 16, 2013. Retrieved from www.theoildrum.com/node/10009 Notes on some of Laherrère’s abbreviations: AEO = Annual Energy Outlook (from EIA) (= US Energy Information Administration) NOPEC = non-OPEC Tb = trillion barrels U = ultimate […]


Climate Change and Human Extinction – A Personal Perspective

Climate Change and Human Extinction – A Personal Perspective thumbnail

“Just one source, methane from the arctic…leads us [by 2030] to…a temperature beyond which humans have never existed on the planet.” Guy McPherson, professor emeritus of University of Arizona in Environmental Studies, shares highlights from his compilation of recent reports on climate change effects. Their number and extent have grown exponentially since he began five […]


Revisiting the IEA’s World Energy Outlook 2013

Revisiting the IEA’s World Energy Outlook 2013 thumbnail

I was going over the IEA’s World Energy Outlook 2013 and noticed a few things you might find interesting. Exactly what is their opinion on Peak Oil? Here, cut and pasted from the report. Got that? The URR is great enough to delay any peak until after 2035. Here is one of their graphs that […]


Global polyethylene trade flows

Global polyethylene trade flows thumbnail

Platts petrochemical analysis team have joined forces with our design & production department to produce what we think is a  beautifully crafted infographic on global trade flows for polyethylene. It also details surplus and deficit totals and includes key trend points, statistics and forecasts going out all the way to 2023. Remember: we’d love to […]


Why peak oil signals the world’s end, or at least the one we know

Why peak oil signals the world’s end, or at least the one we know thumbnail

While global financial markets are still levitating somewhere between the stratosphere and the Kingdom of Asgard, by 60°24′31″ North and 172°43′12″ West, in the middle of nowhere, an isolated island of 137.857 sq-mi holds the key of three major economic developments and risks: November 2013, Lawrence Summers raised the question whether the “secular stagnation” and […]


Russia Is Slowly Turning The NatGas Tap Off To Europe

Russia Is Slowly Turning The NatGas Tap Off To Europe thumbnail

While Naftogaz (Ukraine’s gas pipeline operator) states that all gas transportation from Russia to Europe is running normally, Bloomberg reports that Russian natgas exports to Europe are declining. Shipments are down over 4% from the prior week and also lower to Ukraine. This ‘adjustment’ follows increased sanctions by the West as Medvedev’s notable statement this […]


After 25 years, Exxon Valdez oil spill hasn’t ended

After 25 years, Exxon Valdez oil spill hasn’t ended thumbnail

Andy Wills was sleeping on a friend’s couch in Cordova, Alaska, on March 24, 1989, ready to head out and harvest spring herring in Prince William Sound. “My buddy had just handed me a cup of coffee in the morning and we’re watching ‘Good Morning America,’ ” Wills said. “And there’s the Exxon Valdez on […]


Efficiency, Not Just the Recession, Drove US Energy Savings Since 2007

Efficiency, Not Just the Recession, Drove US Energy Savings Since 2007 thumbnail

The growth of electricity use has been falling for decades, but it will likely flatten out in coming years to an annual growth rate of less than 2 percent. The decline is due to many factors, from changing weather and economic recessions to the wider adoption of energy efficiency measures. But it is the latter […]


US could start energy war with Russia

US could start energy war with Russia thumbnail

Debate has raged over whether the United States can fight Vladimir Putin on the Russian president’s most favourable ground: energy politics. It can, and it should, particularly because there’s an obvious path forward that coincides with American — indeed, world — economic interests. That path is lifting irrational restrictions on exports and making it easier […]


Major oil spill after million-gallon barge collides with ship in Texas

Major oil spill after million-gallon barge collides with ship in Texas thumbnail

A barge carrying nearly a million gallons of especially thick, sticky oil collided with a ship in Galveston Bay on Saturday, leaking an unknown amount of the fuel into the popular bird habitat as the peak of the migratory shorebird season was approaching. Booms were brought in to try to contain the spill, which the […]


Snake Oil: how fracking’s false promise of plenty imperils our future

Snake Oil: how fracking’s false promise of plenty imperils our future thumbnail

For those who thought the ‘fracking’ issue was just about water pollution and earthquakes, Richard Heinberg’s Snake Oil might be a little perplexing. You don’t get to the parts about environmental pollution until about two thirds of the way through the book. But it’s for that very same reason that those who are unaware of these larger […]


Meat vs Veg: An Energy Perspective

Meat vs Veg: An Energy Perspective thumbnail

What ought we eat? This is among the preeminent questions of our time, one asked by policy wonks, diet gurus and, of course, consumers. People imbue a wide array of values into their dietary choices, including impacts on their health, cost and environmental impacts, among others. The question of what to eat generates a particularly […]


World energy use threatens water

World energy use threatens water thumbnail

Rising demand for energy, from biofuels to shale gas, is a threat to freshwater supplies, according to a United Nations report released Friday. The report urged energy companies to do more to limit their use of water in everything from cooling coal-fired power plants to irrigation for crops grown to produce biofuels. “Demand for energy […]


The Hydraulic Fracturing of Saudi Arabia…

The Hydraulic Fracturing of Saudi Arabia… thumbnail

Since the early twentieth century, Saudi Arabia has enjoyed a close relationship with the United States. From the development of the Saudi oil fields,to the First Gulf War, this relationship has been an uneasy cooperation—each side received something out of the alliance while nervously watching the other.  So recently we have the first open break […]


Is an Economic War Replacing the Cold War?

Is an Economic War Replacing the Cold War? thumbnail

In today’s “Global Outlook,” Bloomberg’s Trish Regan and Peter Cook examine the relationship between the United States and Russia and the impact of economic sanctions on Bloomberg Television’s “In The Loop.” Bloomberg


Finding optimism in the challenge to double food production

Finding optimism in the challenge to double food production thumbnail

Since humans have dominated the landscape we have cleared vegetation and created cropping areas, and concomitant with clearing these has been a growth in population. In industrial times the growth in population may have been greater than the soil’s capacity to deal with this in a sustainable way. This statement is not unequivocal and is […]


Power is nothing without control: how to lose an empire

Power is nothing without control: how to lose an empire thumbnail

  Image from an advertising campaign for Pirelli in the 1990s. Empires seem to be a typical human structure that reappears over and over in history. The problem is that empires are often so efficient that they tend to overexploit and destroy even theoretically renewable resources. The final result is a destructive cascade of feedbacks: […]


Could a global grab for fertile soil, bring civil unrest?

Could a global grab for fertile soil, bring civil unrest? thumbnail

The estimated 1.6 billion hectares of fertile soils currently under cultivation can certainly feed the current world population. If we still have approximately 800 million undernourished and hungry people on this planet, it is due to serious imbalances in the distribution of wealth, land and natural resources in general. Market driven preference to allocate part […]


Main importers purchase over 1mln bpd of crude from Iran in 4 Months

Main importers purchase over 1mln bpd of crude from Iran in 4 Months thumbnail

Latest data showed that the four top importers of Iran’s crude have bought over 1mln bpd of oil from the Middle-Eastern country since November, when Tehran and the world powers struck a deal. A Reuters report showed that Iran’s top oil importers have bought more than 1 million bpd since November, making February the fourth […]


Is Fracking The Market’s Revenge On OPEC?

Is Fracking The Market’s Revenge On OPEC? thumbnail

Market interference by petro states spurred the energy revolution led by fracking, according to the head of commodities research for Citigroup—and that revolution is bound to spread around the world. As it spreads, governments will find it more difficult to interfere in energy markets, said Edward L. Morse, the managing director and global head of […]


10 states with the highest gas prices

10 states with the highest gas prices thumbnail

Gasoline prices have risen steadily the past six weeks through March 18. There was an uptick in gas prices all but one of the past 38 days, and gas is now more expensive than at any point the past six months. In a number of states, the price of gas is now more than $3.75 […]


Where the oil is

Where the oil is thumbnail

Oil and gas royalties on University Lands could reach $1 billion this year, and the increasing production in West Texas is the reason why. Most of University Lands’ 2.1 million acres are out here, funneling money into the endowment that supports the University of Texas and Texas A&M University systems and in turn paying for […]


A Look at Man’s Massive Impact on Earth

A Look at Man’s Massive Impact on Earth thumbnail

With the continuing rise in world population comes more energy needs, meaning ever-more demand on water resources. That’s the message coming out of World Water Day (March 22), a day created by the United Nations to build awareness of a range of water issues. This year the UN campaign for World Water Day focuses on […]


#PeakOil, end of story?

#PeakOil, end of story? thumbnail

In the past few weeks there were several new publications from renowned institutes with titles like ‘Peak Oil’ Concerns Should Ease, Experts Predict, More Signs of ‘Peak Us’ in New Study of ‘Peak Oil Demand’ and The receding threat from Peak Oil A you undoubtedly know I am a true PeakOiler, so when institute like […]


Springs Eternal

Springs Eternal thumbnail

“The thing is, we actually know what must be done to save our planet, and it is not propping up consumer society. “ All the armies of the world are not so powerful as an idea whose time has come. —Victor Hugo These past weeks we have been immersed in the changing of the seasons. […]


Environmentalists giving away Earth Day condoms to combat overpopulation

Environmentalists giving away Earth Day condoms to combat overpopulation thumbnail

In honor of Earth Day this year, groups are giving out 44,000 “Endangered Species Condoms.” The environmentally friendly condoms will be distributed in an effort to refocus the green holiday back to why it was started: to campaign against “runaway human population growth and overconsumption.” “April 22 is the 44th Earth Day, and this year […]


Is Eagle Ford Peaking?

Is Eagle Ford Peaking? thumbnail

This page Texas Oil and Gas Production was last updated on February 18. However the data on this page has been updated. And the January production has been updated also: Oil and Gas Production Data Query then check “Lease”, “Both”, Statewide and then punch in the appropriate dates. Then when the next page comes up click on “Monthly […]


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