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News from June 2014

Are 7 Billion People Too Many?

Are 7 Billion People Too Many? thumbnail

The Earth, in case you haven’t noticed, is a big mess right now. All living things, humans included, are suffering the effects of a planet stressed to the breaking point. (At the time of Jesus, there were about 200 million people on Earth.) Consider the problems we face: GLOBAL WARMING. Carbon dioxide and other global-warming […]


Oil and Iraq Burning at both ends

Oil and Iraq Burning at both ends thumbnail

BEFORE Islamist fighters seized much of northern Iraq, hopes that the recent era of stable oil prices would last rested heavily on the country. Its exports were expected to go on rising, providing lots of low-cost oil at a time when the depletion of mature fields elsewhere is beginning to bite into supplies. The International […]


Inflation? Only If You Look At Food, Water, Gas, Electricity And Everything Else

Inflation? Only If You Look At Food, Water, Gas, Electricity And Everything Else thumbnail

Have you noticed that prices are going up rapidly?  If so, you are certainly not alone.  But Federal Reserve chair Janet Yellen, the Obama administration and the mainstream media would have us believe that inflation is completely under control and exactly where it should be.  Perhaps if the highly manipulated numbers that they quote us […]


How the collapse of Iraq could actually save oil

How the collapse of Iraq could actually save oil thumbnail

If the Baghdad government can keep Sunni militants away from its oil fields, production in Iraq may actually increase—though global prices are still seen staying higher. Fear that Iraqi oil production could be disrupted by an insurgence by the militants has driven Brent futures up 5 percent in the past 10 days to about $115 […]


Hacktivist Group Threatens Attack on Global PetChem Companies

Hacktivist Group Threatens Attack on Global PetChem Companies thumbnail

Petrochemical companies with well-defined incident response programs are best positioned to mitigate the possible cyberattack announced for Friday by hacktivist group AnonGhost. AnonGhost has threatened to disrupt petrochemical company operations in the United States, Germany, Russia, China, Kuwait and Saudi Arabia. ThreatTrack Security CEO Julian Waits told Rigzone that major companies such as Exxon Mobil […]


The Return of the Bad Old Days of Oil Shocks

The Return of the Bad Old Days of Oil Shocks thumbnail

And we thought the bad old days of oil shocks were over. Embargoes, price spikes, gasoline lines in America, a sweater-bedecked president ordering the end of hot water in many facilities, collapsing retail sales as high gasoline and energy prices hit stores as much as a big tax increase would, economic stagflation, or worse. Well, […]


Heinberg: Bottom Up, Top Down

Heinberg: Bottom Up, Top Down thumbnail

Those of us who have some grasp of the urgent dilemmas posed by climate change and peak oil face a terrible conundrum. The whole system of industrial civilization is moving toward collapse. How can we reverse course to avert an unprecedented series of crises that might entail massive human mortality and the more or less […]


Baiji oil refinery secured as Iraq fighting continues

Baiji oil refinery secured as Iraq fighting continues thumbnail

Iraqi government forces regained full control Thursday of the country’s biggest oil refinery following heavy fighting as the country scrabbles to contain the Sunni militants which still threaten further advances in northern Iraq. Insurgents pressing the major offensive were repelled from the 320,000 b/d-capacity Baiji plant after clashes Wednesday and early Thursday, according to reports. Fighting began at the […]


Heinberg on peak oil and options for energy transition

Heinberg on peak oil and options for energy transition thumbnail

Post Carbon Senior Fellow Richard Heinberg was interviewed on peak oil and energy transition options at RT.


Michael Lynch: What Is Peak Oil?

Michael Lynch: What Is Peak Oil? thumbnail

Forbes contributor Don Blackmon initiated not a firestorm but a tempest in a teapot by suggesting that peak oil had been debunked by the work of M. A. Adelman, my mentor.  Amazingly, there are many people who believe in peak oil, but are not particularly aware of the history of the theory and its evolution.  […]


Will the Iraqi Siege Cause Oil and Gasoline Prices to Spike?

Will the Iraqi Siege Cause Oil and Gasoline Prices to Spike? thumbnail

Should we be worried about a major spike in oil prices—and summer gas prices—because of the sectarian conflict in Iraq? It’s an important question in the markets right now, because every $10 increase in the price of oil shaves 0.5 percent of global growth. I’m cautiously optimistic for the moment that the answer will be: […]


Indonesia cuts 2014 targets for subsidized fuel demand, crude oil output

Indonesia cuts 2014 targets for subsidized fuel demand, crude oil output thumbnail

The Indonesian government reached a deal with lawmakers late Wednesday to revise down its targets for subsidized fuel consumption and crude production in its 2014 budget to make the figures more realistic, officials said. The measure cuts the subsidized fuel consumption quota 4.2% to 46 million kiloliters, from 48 million kl previously. Subsidies for fuel […]


Obama sends U.S. military advisers to Iraq as battle rages over refinery

Obama sends U.S. military advisers to Iraq as battle rages over refinery thumbnail

President Barack Obama said on Thursday he was sending up to 300 U.S. military advisers to Iraq but stressed the need for a political solution to the country’s crisis as government forces battled Sunni rebels for control of the country’s biggest refinery. Speaking at a news conference after a meeting with his top national security […]


Economy: There Are Many Alternatives

Economy: There Are Many Alternatives thumbnail

“One of the most frightening things to the people who oppose the development of a new economy is the possibility that we are actually able to do things for ourselves. One of the ways that old economy is able to exist is on the notion that ‘There Is No Alternative’ (TINA). To that we must […]


Kurd Oil Supply Seen Growing as Region Grabs Territory

Kurd Oil Supply Seen Growing as Region Grabs Territory thumbnail

Iraq’s Kurdish region may be able to gain more autonomy and increase crude exports after taking control of territory around the nation’s fourth-largest oil field, analysts from Saxo Bank A/S and JBC Energy GmbH said. Kurdish troops are protecting the Kirkuk oil field and surrounding areas after an offensive by Islamist insurgents last week prompted […]


DOE Searches for Breakthroughs in Grid-Edge Energy Integration

DOE Searches for Breakthroughs in Grid-Edge Energy Integration thumbnail

Greentech Media’s Grid Edge Live 2014 conference is just around the corner, and that means we’re on the lookout for news on the distributed, intelligent energy integration front. Here’s a new Department of Energy project that fits the bill, right down to the acronym — and winning proposals will have a crack at the world’s […]


Peak Oil: This One Is On Us # 1

Peak Oil: This One Is On Us # 1 thumbnail

Mason Inman recently posted an excellent 2012 interview he conducted with James Schlesinger, our nation’s first Secretary of Energy, who passed away shortly before that posting. [Quotes here are from that interview.] There are some lessons available to all of us. Mr. Schlesinger was a bit more direct than I and others have been in […]


The Energetic Evolution of the US Food System

The Energetic Evolution of the US Food System thumbnail

In The Energy Cost of Food I detailed how incredibly energy intensive the US food system is, particularly noting how it likely requires at least 15 calories of industrial energy inputs to produce, process and distribute 1 calorie of consumed food. It hasn’t always been this way though; before 1900 the US food system likely delivered more calories of […]


Putin Advisor Proposes “Anti-Dollar Alliance”

Putin Advisor Proposes “Anti-Dollar Alliance” thumbnail

It has been a while since both Ukraine, and the ongoing Russian response to western sanctions (which set off the great Eurasian axis in motion, pushing China and Russia close together, and accelerating the “Holy Grail” gas deal between the two countries) have made headlines. It is still not clear just why the western media […]


China’s oil operations in Iraq unaffected

China’s oil operations in Iraq unaffected thumbnail

PetroChina, the single biggest investor in Iraq’s oil sector, is pulling some of its staff out of the Middle East nation, but production remains unaffected as militant Islamists threaten the unity of OPEC’s second-largest producer. China is Iraq’s largest oil client, and its state energy firms, which also include Sinopec Group and CNOOC Ltd, together […]


Sunni militants control ’75 percent’ of Iraq’s Baiji refinery

Sunni militants control ’75 percent’ of Iraq’s Baiji refinery thumbnail

Sunni militants have taken control of most of Iraq’s largest oil refinery, located in Baiji in northern Iraq, an official at the refinery said on Wednesday. “The militants have managed to break in to the refinery. Now they are in control of the production units, administration building and four watch towers. This is 75 percent […]


Mike Ruppert’s Story Part 54 – Q and A

Mike Ruppert’s Story Part 54 – Q and A thumbnail

   A couple of emails came in from a colleague of Mike’s who’s versed in his work going back to the nineties.  They raise valid points which force me to articulate the thinking behind this account, a useful exercise in itself.   Email 1:  On Rosebud, I wonder if you go too far. Although I suppose at this point, […]


Iraq and Ukraine; this might be the artificial Peak Oil scenario

Iraq and Ukraine; this might be the artificial Peak Oil scenario thumbnail

The ruling powers decide to do an “artificial peak oil” scenario in order to kill off billions of people and save the economy. What they don’t understand, even though they rule the world, is that destroying the oil infrastructure means it will take centuries to rebuild modern civilization. So they go too far. The real […]


Systems Thinking and Complexity 101

Systems Thinking and Complexity 101 thumbnail

This is a synopsis of a talk and mini-workshop I gave recently in Vancouver. It introduces a model for identifying and dealing with both the complicated and complex aspects of issues we face in our own lives, in our organizations and in the world, and presents an elementary method of thinking about and diagramming systems […]


Might the Bakken Boom Get Derailed?

Might the Bakken Boom Get Derailed? thumbnail

“Should an incident occur within or near a densely populated area … an incident … has the potential to be truly catastrophic and result in billions of dollars in personal injury and property damage claims. The damages potentially resulting from an exposure could risk the financial soundness and viability of the rail transportation network in […]


The Third Russia-Ukraine Gas War

The Third Russia-Ukraine Gas War thumbnail

At 10 am on Monday, June 16, 2014, Gazprom, a Russian gas monopoly, cut off supplies of gas to Ukraine. This is the third time in the last ten years when Gazprom has tried to use a cut-off to force the Ukrainian government to accept a deal it did not want to accept. In the […]


IEA says ‘peak oil demand’ could hit as early as 2020

IEA says ‘peak oil demand’ could hit as early as 2020 thumbnail

Little more that a year after the International Energy Agency added its voice to the chorus chiming that peak oil was dead, a new report from the uconservative adviser to industrialised nations suggests it has changed its tune. Only this time it is not peak supply that is on its radar, but peak demand. The […]


Iraq Foretells Oil’s Dystopian Future

Iraq Foretells Oil’s Dystopian Future thumbnail

When things go down in the Middle East, oil prices go up. Even axioms have their nuances though. Amid what may be the unraveling of Iraq, oil prices have characteristically risen, with Brent crude breaking back above $112 a barrel. Yet Iraq’s real significance for oil may have less to do with what transpires this […]


End of Oil and Gas Still Many Decades Away

End of Oil and Gas Still Many Decades Away thumbnail

With the June 16 release of the BP Statistical Review of World Energy 2014, there is some continuing good news. The end of oil and natural gas is still at least a half-century or more away. The reserves-to-production (R/P) ratios for both fossil fuels are well above 50 years. The end of oil is further […]


How can we feed the world in 2014?

How can we feed the world in 2014? thumbnail

As the world’s population grows, more sustainable diets are needed. But what government got elected by rationing meat? Pressure is mounting on the global food system. There are more mouths to feed: by 2050, according to the UN, the world’s population is expected to have grown from 7 billion to 9.3 billion. Recent Food and […]


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