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News from March 2016

Fracking, Not Just Fracking Wastewater Injection, Causing Earthquakes

Fracking, Not Just Fracking Wastewater Injection, Causing Earthquakes thumbnail

A groundbreaking study published today in Seismological Research Letters has demonstrated a link, for the first time, between hydraulic fracturing (“fracking”) for oil and gas and earthquakes. Hydraulic Fracturing and Seismicity in the Western Canada Sedimentary Basin” confirms the horizontal drilling technique (which in essence creates an underground mini-earthquake to open up fissures for oil […]


No Organism is Truly Autonomous – Including Us

No Organism is Truly Autonomous – Including Us thumbnail

An interview with Jonny Gordon-Farleigh, the editor and publisher of STIR magazine.
 
Current and back issues of the magazine are available in the online shop Jonny Gordon-Farleigh: Your new book, How to Thrive in the Next Economy, explores practical innovations in sustainability across the world. What stories would you pick out as the most instructive […]


The U.S. Is a Big Oil Importer Again

The U.S. Is a Big Oil Importer Again thumbnail

In the three months since the U.S. lifted its 40-year ban on crude oil exports, a curious thing has happened. Rather than flooding global markets, U.S. crude shipments to foreign buyers have stalled. At the same time, imports into the U.S. jumped to a three-year high in what looks to be a reversal of a […]


Shale Is the Odd Man Out in Oil Reckoning

Shale Is the Odd Man Out in Oil Reckoning thumbnail

After delaying the inevitable, rapid decline rates are poised to catch up with shale crude producers, giving them a big role in balancing the global crude market The world oil market is starting to resemble the old slapstick gag about the French Foreign Legion. The sergeant needs a volunteer to take a step forward for […]


Presenting, “The Company That Bribed The World”

Presenting, “The Company That Bribed The World” thumbnail

This won’t exactly come as a surprise: the global oil industry is corrupt. We are, after all, talking about the most financialized commodity in the history of the world, and up until a few years ago, it was controlled by a cartel comprised entirely of nations run by caricatures and stereotypes that the Western public […]


World’s Biggest Oil Market Too Tied To Mideast To End Addiction

World’s Biggest Oil Market Too Tied To Mideast To End Addiction thumbnail

Even in a world awash with crude, buyers in the world’s biggest oil market can’t seem to escape their addiction to Middle East supplies. South Korea’s imports from the Middle East climbed last year to the highest level since at least 1980, while refiners in India say they are shunning shipments from distant ports and […]


Peak Oil And Runaway China: A Dangerous Combination Of Memes

Peak Oil And Runaway China: A Dangerous Combination Of Memes thumbnail

Back in 2005, investors heard an endless chorus in the financial media around two memes: the end of oil, and the growth of China. Oil production was supposedly hitting its upper limits. In 2005, the US Department of Energy published a study on the peaking of world oil production (.PDF) that stated: Because oil prices […]


A Maverick Geologist’s Quest for a Sustainable Future

A Maverick Geologist’s Quest for a Sustainable Future thumbnail

The Oracle of Oil is the untold story of M. King Hubbert, one of the twentieth century’s top scientists. Known as “the father of peak oil,” Hubbert made bold forecasts about crucial turning points in oil supplies—the timing of the peak of production—for both the United States and the whole world. Despite holding one of the top […]


Norwegian Crude Oil Reserves And Extraction per 2015

Norwegian Crude Oil Reserves And Extraction per 2015 thumbnail

In this post I present actual Norwegian crude oil extraction and status on the development in discoveries and reserves and what this has now resulted in for expectations for future Norwegian crude oil extraction. This post is also an update of an earlier post about Norwegian crude oil reserves and production per 2014. Norwegian crude […]


Why we have a wage inequality problem

Why we have a wage inequality problem thumbnail

Wage inequality is a topic in elections around the world. What can be done to provide more income for those without jobs, and those with low wages? Wage inequality is really a sign of a deeper problem; basically it reflects an economic system that is not growing rapidly enough to satisfy everyone. In a finite […]


U.S. Production of Hydrocarbon Gas Liquids Expected to Increase Through 2017

U.S. Production of Hydrocarbon Gas Liquids Expected to Increase Through 2017 thumbnail

Source: U.S. Energy Information Administration, Short-Term Energy Outlook, March 2016. Note: Butanes include both normal butane and isobutane. U.S. production of hydrocarbon gas liquids (HGL)—a group of products including ethane, propane, butanes, and natural gasoline—is expected to increase from 3.86 million barrels per day in 2015 to 4.33 million b/d in 2017, according to EIA’s […]


Healing The Core Of The Separation Illusion

Healing The Core Of The Separation Illusion thumbnail

Today, March 28, 2016, I am launching the first episode of the New Lifeboat Hour podcast. Today’s podcast features an interview with author and coach, Dean Walker, discussing how we heal the core of our illusion of separation from each other, from Earth, and from ourselves. Listen here: http://drumbaker.podbean.com/?source=pb Dean Walker and Carolyn discuss healing […]


The Human Shadow And The Global Crisis

The Human Shadow And The Global Crisis thumbnail

This thing of darkness, I acknowledge mine. ~William Shakespeare~ Why would any author intending to sell books write one about the shadow? Why would anyone already aware of the unprecedented severity of the global crisis want to read a book on the shadow? Wouldn’t this reader prefer the “catastrophe respite” of indulging in a book […]


Death of a Shale Gas Salesman

Death of a Shale Gas Salesman thumbnail

“I think most people act in their self-interest.” — Aubrey McClendon On Wednesday, March 2, Aubrey McClendon, the American face of hydraulic fracking, drove his natural-gas powered Chevy Tahoe into a concrete overpass just outside Oklahoma City. He was 56. According to the Tahoe’s black box data recorder, McClendon had the accelerator floored until 1.5 […]


Nuclear safety upgrades post-Fukushima cost $47 billion

Nuclear safety upgrades post-Fukushima cost $47 billion thumbnail

Five years after the accident at Fukushima I in Japan resulted in three reactor meltdowns, the global nuclear industry is spending $47 billion on safety enhancements mandated after the accident revealed weaknesses in plant protection from earthquakes and flooding. This is according to a Platts review put together by Steven Dolley in DC, Benjamin Leveau in London, Yuzo Yamaguchi […]


World Water Scarcity: Conservation and Desalination

World Water Scarcity: Conservation and Desalination thumbnail

WATER STRESS Apart from the global overpopulation problem, water scarcity is as announced by the World Economic Forum in January 2015 : “The water crisis is the number one global risk based on impact to society as a measure of devastation”. The UN defines water stress when an area’s annual water supplies drop below 1700 […]


Does Saudi Arabia’s Play For Market Share Make Sense?

Does Saudi Arabia’s Play For Market Share Make Sense? thumbnail

Props to Saudi Arabia. Unlike other producers, including U.S. shale producers, it maintained financial strength and flexibility during the last boom. When it began to shift the paradigm of global supply, the kingdom was explicit about its goal—market share—even if it didn’t always trumpet the proactive steps it was taking towards that goal. The now-evident […]


U.S. Lifted The Crude Oil Export Ban, And Exports Went… Down

U.S. Lifted The Crude Oil Export Ban, And Exports Went… Down thumbnail

Just over three months after the authorities lifted the four-decade ban on crude oil exports, the U.S. has actually exported less this year than it did over the same period the year before, when the ban was still in place. According to Clipper Data market intelligence cited by the Financial Times, we’ve seen a 5 […]


Fracking fuels half of U.S. output

Fracking fuels half of U.S. output thumbnail

The rise of fracking has reshaped the global energy landscape. It recently hit a new milestone in the U.S. Fracking now accounts for more than half of all U.S. oil output, according to the Energy Information Administration. It’s a stunning feat considering fracking made up less than 2% of American oil production in 2000. Hydraulic […]


A look at the Fukushima and Chernobyl nuclear disasters

A look at the Fukushima and Chernobyl nuclear disasters thumbnail

Japan this month (March) marked the fifth anniversary of the Fukushima nuclear disaster with a series of sombre remembrance ceremonies across the country. At 2.46pm local time (1.46pm in Singapore) on March 11, 2011, a 9.0-magnitude earthquake struck under the Pacific Ocean, triggering a 10 metre wall of water that devastated the north-eastern coast of […]


What Low Oil Prices Really Mean

What Low Oil Prices Really Mean thumbnail

Since the start of 2016, oil prices have swung between $27 and $42 per barrel, about a quarter of the 2008 peak crude oil price of $145. On February 16, oil ministers from Saudi Arabia, Russia, Qatar, and Venezuela agreed to a tentative deal to freeze their production in an attempt to boost prices. This […]


Kunstler: The Great Nausea

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Historians of the future, roasting rat kabobs over their campfires will look back at the year 2016 and marvel at the death throes of the zombie republic that died eating its own brains. This grotesque Deep State lumbers from one misadventure of governance to the next consuming its prospects for a plausible future in a […]


Energy policy and uninformed opinion

Energy policy and uninformed opinion thumbnail

Famed economist John Kenneth Galbraith used to respond to questions about the direction of the economy and financial markets by saying: “I answer because I’m asked not because I know.” Such is also the case with poorly informed members of the public whose views pollsters seek on every conceivable topic including energy. A recent Gallup […]


Deepwater Horizon – The Movie

Deepwater Horizon – The Movie thumbnail

Due out in September apparently.


Population Growth the Impact on the Environment

Population Growth the Impact on the Environment thumbnail

For centuries, scientists have predicted that the the human race is closing in on the carrying capacity of the planet Earth to provide for humans. The more people who populate the planet, the more goods will be consumed, the more food will be required to be grown, and the more electricity will be utilized. All […]


Paul Craig Roberts On The Real Likelihood Of Nuclear War

Paul Craig Roberts On The Real Likelihood Of Nuclear War thumbnail

Dr. Paul Craig Roberts, who served as an Assistant Secretary of the Treasury for Economic Policy in the Reagan administration, shares his view that there is a real likelihood of a nuclear war breaking out. Below are the main points covered in this radio programme. (click image for link to full interview) “Firstly there is […]


The World’s Largest Fish Are Missing

The World’s Largest Fish Are Missing thumbnail

Researchers say the biggest whale sharks have disappeared over the past two decades, raising concerns about the long-lived giant fish. Scientists are finding that even the world’s largest fish can hide in the vastness of the ocean. Or at least, they’re hoping that’s the case. The other option is that adult whale sharks are disappearing. […]


Creativity & Culture in Collapse

Creativity & Culture in Collapse thumbnail

Discuss this article at the Diner TV Table inside the Diner As a student of Collapse Dynamics, I’m always looking for signs of collapse in various areas in our civilization.  I was drawn to the topic first by the collapse of the Investment Banks Bear Stearns & Lehman Brothers back in the financial crisis of […]


Dyson developing an electric car

Dyson developing an electric car thumbnail

Dyson is developing an electric car at its headquarters in Wiltshire with help from public money, according to government documents. The company, which makes a range of products that utilise the sort of highly efficient motors needed for an electric car such as vacuum cleaners, hand dryers and bladeless fans, last year refused to rule […]


This Is What’s Happening to People Who Live near the Worst Gas Leak in US History

This Is What’s Happening to People Who Live near the Worst Gas Leak in US History thumbnail

On February 18, SoCalGas and the national media declared the “worst methane gas leak in U.S. history” permanently sealed, but just over a month later, hundreds of Porter Ranch residents who evacuated — and are now returning home — are suffering the same symptoms they suffered when the gas leak was active. They are experiencing […]


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