Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


News from May 2014

Smart cities and the smart grid

Smart cities and the smart grid thumbnail

A veritable “perfect storm” of challenges and opportunities is profoundly changing the fundamentals of urban areas throughout the world. The driving force is the exploding growth of urban populations caused by both global population growth combined with dramatic relocation to urban centers. The United Nations predicts a near doubling of city dwellers by 2050 as […]


Putin’s Energy Trumps U.S. Sanctions as Rosneft Extends Reach

Putin’s Energy Trumps U.S. Sanctions as Rosneft Extends Reach thumbnail

One by one, executives from some of the world’s largest energy companies climbed the dais to sign accords with OAO Rosneft (ROSN) chief Igor Sechin as Vladimir Putin stood behind his blacklisted ally, nodding approvingly. Executives from BP Plc (BP/), India’s Oil & Natural Gas Corp. (ONGC) and companies from Norway, Abu Dhabi, Venezuela, Vietnam, […]


Saudi Press: Natural gas production is the highest in the history of the Kingdom

Saudi Press:  Natural gas production is the highest in the history of the Kingdom thumbnail

On a local economic affair, Al-Yaum quoted under the title ” Natural gas production is the highest in the history of the Kingdom as saying that a report issued by Saudi Aramco recently indicated that the Kingdom’s reserves of natural gas rose to 288.4 trillion cubic feet in 2013, an increase from the rates which […]


Australian Energy Utilities at the Brink?

Australian Energy Utilities at the Brink? thumbnail

In case you hadn’t noticed, there is a lot going on in the Australian solar energy industry right now. In fact, I’ll rephrase that – there’s a lot going on in the Australian energy industry right now and in case you hadn’t noticed, solar is a major player. Australia loves solar. On the one hand, we […]


Russia’s Rise To Global Power

Russia’s Rise To Global Power thumbnail

Western propaganda about events in Ukraine has two main purposes. One is to cover up, or to distract from, Washington’s role in overthrowing the elected democratic government of Ukraine. The other is to demonize Russia. The truth is known, but truth is not a part of the Western TV and print media. The intercepted telephone […]


Starved for Power, New Indian Government Translates “Chicken in Every Pot” Into “Solar on Every Roof”

Starved for Power, New Indian Government Translates “Chicken in Every Pot” Into “Solar on Every Roof” thumbnail

Energy poverty is one of the world’s greatest challenges. There are billions of people without access to reliable and reasonably priced electricity. In India, alone, there are some 400 million people in energy poverty. The new Indian government has set a major initiative to change this situation radically and rapidly: “to harness solar power to […]


The great imaginary California oil boom: Over before it started

The great imaginary California oil boom: Over before it started thumbnail

It turns out that the oil industry has been pulling our collective leg. The pending 96 percent reduction in estimated deep shale oil resources in California revealed last week in the Los Angeles Times calls into question the oil industry’s premise of a decades-long revival in U.S. oil production and the already implausible predictions of […]


UK to hush fracking victims with $1.35mn as vast new reserves uncovered

UK to hush fracking victims with $1.35mn as vast new reserves uncovered thumbnail

The UK government will attempt to buy off communities by increasing compensation for fracking operations after announcing plans to deny them the use of trespass laws. This comes just as several more billion barrels of oil were found in southern England. Ministers will propose that 800,000 pounds (US$1,350,000) on average will be added on top […]


Increased U.S. oil production has yielded transportation bottleneck

Increased U.S. oil production has yielded transportation bottleneck thumbnail

The increase in crude oil production in Texas and other spots in the U.S. has created issues in the transportation and refining sectors of the oil industry. Crude oil traditionally has been transported by truck and a network of sophisticated pipelines in Texas.  However, many crude oil acquisition companies are exploring rail to get large […]


Secrecy of Oil-by-Train Shipments Causes Concern Across the US

Secrecy of Oil-by-Train Shipments Causes Concern Across the US thumbnail

Emergency responders in Cincinnati know that trains full of crude oil have been rumbling through their city; they can see mile-long chains of black tank cars clacking across bridges over the Ohio River. But they don’t know enough to feel prepared for the kinds of fiery accidents that have occurred over the last 10 months […]


Mike Ruppert’s Story Part 30 – Transference

Mike Ruppert’s Story Part 30 – Transference thumbnail

“I accomplished five things today,” Mike said, getting up from writing a memo to an FTW staff member requesting, yet again, the black checkbook for the Ruppert family trust. But more work lay ahead. With $15,000 dollars, Mike and Ray could go to Ashland, kick ass and silence [the female employee suing him] forever. Also, […]


Japan Begins Purposely Dumping 100s Of Tons Of Radioactive Water From Fukushima Into The Pacific

Japan Begins Purposely Dumping 100s Of Tons Of Radioactive Water From Fukushima Into The Pacific thumbnail

How do you get rid of hundreds of tons of highly radioactive water?  You dump it into the Pacific Ocean of course!  In Japan, the  Tokyo Electric Power Co. has made the “painful decision” to begin purposely dumping massive amounts of radioactive water currently being stored at the destroyed Fukushima nuclear facility directly into the […]


Paul Ehrlich Suggests Cannibalism to Control “Overpopulation”

Paul Ehrlich Suggests Cannibalism to Control “Overpopulation” thumbnail

Paul Ehrlich a radically pro-abortion population control professor of “Ethics” from Stanford has claimed overpopulation could lead to humanity having to eat the bodies of the dead. ‘We will soon be asking is it perfectly okay to eat the bodies of your dead because we’re all so hungry?,‘ he told HuffPost live host Josh Zepps. Paul […]


EIA Seriously Exaggerates Shale Gas Production in Drilling Productivity Report

EIA Seriously Exaggerates Shale Gas Production in Drilling Productivity Report thumbnail

“Natural gas output from US’ Marcellus edges closer to 15 Bcf/d: EIA” declared the headline in Platts that attracted my attention, since the latest data on the Marcellus shale gas play of PA and WV indicated production was less than 12 bcf/d. This headline was based on the latest issue of the EIA’s new monthly Drilling Productivity […]


How to Set Fire to Frozen Oil

How to Set Fire to Frozen Oil thumbnail

Worcester Polytechnic Institute Fire in the hole. Crude oil ignites inside a block of solid ice in a laboratory test.   In the Arctic, climate change means melting ice—and unprecedented access to the oil once hidden beneath it. But with increased drilling comes a greater chance for oil spills in frigid places where the sun […]


JODI, the EIA and Their Data

JODI, the EIA and Their Data thumbnail

There has been very little new data to report lately. The JODI, Joint Organizations Data Initiative, data for March came out a few days ago. JODI is very good as far as the data it reports goes. The problem is there is a lot of data they just don’t report. If a country does not […]


What is peak oil, and will fracking buy us time?

What is peak oil, and will fracking buy us time? thumbnail

PBS NewsHour economics correspondent Paul Solman speaks with former big pharma executive Chris Martenson about why the money the U.S. printed after the financial crash would have been better spent on alternative energy rather than on the banks.


Russia-China Natural Gas Pipeline to Create New Global Price Benchmark

Russia-China Natural Gas Pipeline to Create New Global Price Benchmark thumbnail

Russia’s landmark deal to supply China with natural gas via pipeline over 30 years will have profound impacts globally and create a new price benchmark that may pressure other producers, as consumers choose from a variety of supply sources, according to analysts. OAO Gazprom on Wednesday clinched a contract with China National Petroleum Corp. (CNPC) […]


U.S. faces higher food price inflation in 2014

U.S. faces higher food price inflation in 2014 thumbnail

The severe drought in California could have a lasting effect on U.S. fruit, dairy and egg prices, while prices for meats, especially beef, look likely to continue climbing, the U.S. Department of Agriculture said on Friday. The agency said overall U.S. food price inflation for 2014, including food bought at grocery stores and food bought […]


Toward a Supply Constrained World

Toward a Supply Constrained World thumbnail

Diving Into Stories of Energy Transition with Chris Nelder Part Three of Four. Link to  Part 1 and Part 2 A transcript of our interview on Extraenvironmentalist #76 by Scott Bohachyk Editor’s note:  In this installment we discuss the potential role of renewable energy in transition and macroeconomic models in the face of supply constraints. Justin: I […]


Who Needs The United States? Not Russia And China

Who Needs The United States? Not Russia And China thumbnail

Russia and China have just signed what is being called “the gas deal of the century”, and the two countries are discussing moving away from the U.S. dollar and using their own currencies to trade with one another. This has huge implications for the future of the U.S. economy, but the mainstream media in the […]


Pumped Up: Man-made earthquakes

Pumped Up: Man-made earthquakes thumbnail

IN MAY 2011 something routine happened at the Cavone oilfield in northern Italy. Padana Energia, its operator, started pumping more high-pressure water into their wells, to squeeze more oil out. This unremarkable event may, though, have had remarkable consequences. A year later, on May 20th and 29th 2012, two nearby earthquakes killed 27 people and […]


Peak Oil: The Limits of “Techno-Optimism”

Peak Oil: The Limits of “Techno-Optimism” thumbnail

This is the second part of an examination of the outstanding working paper entitled A Critique of Techno-Optimism: Efficiency without Sufficiency is Lost by Dr. Samuel Alexander * in which he examines the longstanding belief that no matter what society’s problems in an endless quest for more and better, technology will provide and resolve in […]


Russia Targets Shale Oil Boom By Next Decade

Russia Targets Shale Oil Boom By Next Decade thumbnail

Russia wants a boom in unconventional oil output by the start of the next decade, and is prepared to look east for technology if its ambitions are hindered by Western sanctions over the Ukraine crisis, Russian oil executives said. Russia is now pumping near its capacity of around 10.5 million barrels of oil per day […]


Peak Oil is Here

Peak Oil is Here thumbnail

“We need new production equal to a new Saudi Arabia every 3 to 4 years to maintain and grow supply… New discoveries have not matched consumption since 1986. We are drawing down on our reserves, even though reserves are apparently climbing every year. Reserves are growing due to better technology in old fields, raising the […]


Are US-China Relations Broken Beyond Repair?

Are US-China Relations Broken Beyond Repair? thumbnail

Eurasia Group’s Ian Bremmer discusses U.S.-China relations turning icy over the recent cyber-spying charges with Trish Regan on Bloomberg Television’s “Street Smart.”


Iraqi Kurdistan defies Baghdad to load first pipeline oil sale

Iraqi Kurdistan defies Baghdad to load first pipeline oil sale thumbnail

* Move likely to infuriate Iraqi government in Baghdad * First 1 million barrel cargo being loaded at Ceyhan, Turkey * Tanker scheduled to sail later on Thursday, buyer not identified (Adds SOMO reaction, background) Iraqi Kurdistan started loading oil from its new pipeline for shipment from a Turkish port on Thursday, defying the Baghdad […]


The US Shale Oil Miracle Disappears

The US Shale Oil Miracle Disappears thumbnail

The US shale oil “miracle” has about as much believability left as Jimmy Swaggart. Just today, we learned that the EIA has placed a hefty downward revision on its estimate of the amount of recoverable oil in the #1 shale reserve in the US, the Monterey in California. As recently as yesterday, the much-publicized Monterey formation […]


The Myth of Price

The Myth of Price thumbnail

Our society’s prevailing economic zeitgeist assumes that everything has a price, and that both costs and prices can be objectively calculated, or at least agreed upon by parties involved in the transaction.  There are some big problems with this proposition. Externalized costs are involuntary transactions — those on the receiving end of the externalities have not […]


Russia-China Natural Gas Pipeline & the Future of Energy

Russia-China Natural Gas Pipeline & the Future of Energy thumbnail

Russian and China have come to an agreement, signing off to allow OAO Gazprom , a Russian state-run gas corporation, to have a $55 billion investment to develop Siberian gas fields with the purpose of creating a pipeline. This contract was signed by Alexey Miller, CEO of Gazprom and Zhou Jiping, chairman of National Petroleum […]


« Previous PageNext Page »



Oil News Categories


Recent Board Topics


Archive


LATEST NEWS HEADLINES


PO Real Time

Amazing predictions of #renewables show #peakoil in 2024 ... twitter.com/ProfRayWills/s…