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Here’s Looking At You, 2050

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The 21st century is still just a teenager, but we can already forecast with a fair degree of confidence what its demographic profile will look like by 2050. Population growth will have slowed down. Global aging will have risen to unprecedented levels. Birthrates will drop. The working-age share of the world’s population will shrink. Poverty […]

Kunstler: The Cheeto Cometh

Public Policy

I dunno about you, but I rather enjoy watching the praetorian Deep State go batshit crazy as the day of Trump’s apotheosis approacheth. I imagine a lot of men and women running down the halls of Langley and the Pentagon and a hundred other secret operational redoubts with their hair on fire, wondering how on […]

The ‘Circular Economy’ Is More Than Davos-Speak

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The “circular economy” may have started off as a pie-in-the-sky concept, but in the last few years, it’s come into its own. With the world population expected to balloon to nearly 10 billion in 2050, business leaders are increasingly embracing the idea that their products and processes need to be more resource-efficient. Traditionally the economy […]

Heinberg: The Peak Oil President?

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The frequency of Internet searches for the term “peak oil” has waned dramatically in recent years; now even the number of articles announcing the “death” of peak oil has dwindled, so universal is the assumption that the concept is completely debunked. Why bother beating a dead horse? With supreme irony, it could be within the […]

Iraq Could Kill The OPEC Deal

Public Policy

OPEC made an early New Year’s resolution when it promised the world that it will get thin – or more accurately that it will thin its output in an effort to help support prices. As anyone who has ever had a New Year’s resolution knows, those promises can be hard to keep. OPEC is about […]

US To Sell 8 Million Barrels Of Oil From The Strategic Petroleum Reserve

Public Policy

Two weeks ago we previewed that the U.S. Department of Energy could begin to sell off some of its strategic petroleum reserve (SPR) as soon as January, the beginning of a multi-year process to shrink the nation’s stockpile of oil. Congress has authorized DOE to sell off $375.4 million worth of oil in its recent […]

Climate Deniers and Oil Flacks Who Love Trump’s EPA Pick

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Scott Pruitt, Oklahoma’s attorney general and Donald Trump’s pick to lead the Environmental Protection Agency, has been a longtime opponent of federal environmental regulations and a denier of climate change. Not surprisingly, as Pruitt’s confirmation hearing approaches, many of his most prominent supporters are on the fringe of leading scientific consensus on climate change, and […]

Kunstler: America Versus the Deep State

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The bamboozlement of the public is nearly complete. The Deep State has persuaded 80 percent of Americans that all news is propaganda, especially the news emanating from the Deep State’s own intel department. They’re still shooting for 100 percent. The fakest of all “fake news” stories turns out to be… “Russia Hacks Election.” It was […]

US to Deploy Hundreds of Marines to Afghanistan

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The US will send 300 Marines to train Afghan forces in the embattled Helmand province, adding to nearly 10,000 US troops still in the country. The Taliban claimed most of the opium-making region after NATO withdrawal. The troops are set to be deployed in spring of 2017 as a part of NATO’s advise-assist mission, the […]

U.S Corporations Prepare to Gorge on Tax Cuts

Public Policy

The official line from U.S.-based multinational corporations is that if they get a huge tax break, they’ll bring home the trillions of dollars in profits they’ve stashed overseas and use it to hire tons of Americans. (Nearly 3 million, says the U.S. Chamber of Commerce!) But now that Donald Trump’s election means it might really happen, […]

China Extends Tax Waivers For Oil, Gas Drilling

Public Policy

China is extending tax waivers for importing key drilling and production equipment for both onshore and offshore oil and gas development, the Ministry of Finance said on Friday. The ministry said Chinese manufacturers are unable to make the equipment, such as semisubmersible drilling platforms used for waters deeper than 1,000 feet and robots in waters […]

Looting, Riots In Mexico Spiral Out Of Control Over 20% Gas Hike; Hundreds Arrested

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Four days after the first sporadic protests emerged in Mexico City, following the infamous “gasolinazo”, or mandatory 15%-20% increase in Mexican gas prices which went into effect on January 1, the mood across the country has significantly deteriorated, with hundreds of demonstrators blocking highways, snarling traffic, raiding gas stations, jeopardizing critical supplies, and looting stores […]

Rex Tillerson

Public Policy

Rex W. Tillerson, in line to become the next secretary of state, has agreed to sever all ties with ExxonMobil Corp. to comply with conflict-of-interest requirements. Senate hearings are scheduled to begin Jan. 11. With his retirement effective Dec. 31, the board awarded Tillerson a retirement package worth an estimated $180 million to severe financial ties; […]

Oil business seen in strong position with Trump

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Big Oil could be in a unique position to protect its interests against a Republican proposal to tax imports, given that President-elect Donald Trump‘s cabinet is studded with oil champions sensitive to the risk of higher gasoline prices. Trump’s emerging leadership includes Exxon Mobil Corp Chief Executive Officer Rex Tillerson as secretary of state, former […]

2017 — A Thunderous Clash of Politics, Economies and Policies

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Yet another new year has dawned.   But 2017 will be a year like no other. There will be a thunderous clash of policies, economies and politics worldwide.   We will therefore be on a roller-coaster ride, and we should prepare for it and not only be spectators on the side-lines in danger of being swept away […]

Learning to love a multipolar world

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American foreign policy is at a crossroads. The United States has been an expanding power since its start in 1789. It battled its way across North America in the nineteenth century and gained global dominance in the second half of the twentieth. But now, facing China’s rise, India’s dynamism, Africa’s soaring populations and economic stirrings, […]

Kunstler: Forecast 2017 The Wheels Finally Come Off

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“There is no other endeavor in which men and women of enormous intellectual power have shown total disregard for higher-order reasoning than monetary policy.                                                               […]

Why Oil Is the Glue That Bonds Trump and Putin

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Oil has fueled a bully bromance between Donald Trump and Vladimir Putin. Although this revolutionary union possesses a terrifying petro logic, it promises to be as volatile and tragic as any shotgun marriage. The relationship is, as Trump might well tweet, “unpresidented.” How, after all, can a president-elect openly admire a foreign leader whose shadowy […]

The Saudi vision and population growth

Public Policy

The world’s population explosion is one of the biggest obstacles hindering the train of development and creating exhausting competition between the pace of development and the demands of the increasing population. Saudi Arabia has now launched a new phase of its march based on revolutionizing its economic identity by recreating it through the state’s guarantee […]

The Overstated Impact Of Trump On Oil

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With Donald Trump set to enter the White House and OPEC having agreed to production cuts, analysts are focused on how the global oil industry and prices will be impacted in 2017. The new U.S. President-elect and his cabinet, along with their pro-drilling policies, are increasing hopes of a bright future for the U.S. oil […]

Exxon, Qatar Petroleum Get OK to Export U.S. Fracked Gas Amidst Tangled Ties to Russia, ISIS

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Just days before Christmas, the U.S. Federal Energy Regulatory Commission (FERC) gave ExxonMobil a gift: a permit to export natural gas from its Golden Pass LNG (liquefied natural gas) facility located in Sabine Pass, Texas. Dubbed Golden Pass Products, the expansion of this LNG facility to export gas is a joint venture between Exxon (30 percent stake) and Qatar Petroleum […]

Things That Make You Go Hmm… Like The Death Of The Petrodollar, And What Comes After

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Excerpted from “Get It. Got It. Good” by Grant Williams, author of “Things That Make You Go Hmm…” The story begins in the 1970s when Henry Kissinger and Richard Nixon struck a deal with the House of Saud — a deal which gave birth to the petrodollar system. The terms were simple The Saudis agreed […]

No Hope for Humanity

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We discuss the real problem facing global growth right now, the massive government debt and credit bubble in this video. Republicans and Democrats keep Spending and Borrowing like there is No Tomorrow. The global financial numbers don`t make sense, governments and central banks cannot add to their balance sheets in an infinite manner, and expect […]

Kunstler: Exit, Hope and Change

Public Policy

Yes, that was a gag. By now, anyone in this country still of sound mind knows that Barack Obama presided through eight years of remarkable continuity — of changeless conditions that left a great many hopeless. As the days of his tenure dwindle, what do we make of the departing 44th president? He played the […]

The United States And The Race For Global Hegemony

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The previous article focused on the definition of an international order, globalization, geopolitical theories and how this has changed the notion with which a nation exercises control over a foreign country. In this second part I intend to examine the various geopolitical theories, their translations into modern concepts, and practical actions that the United States have undertaken […]

The Arctic Drilling Ban: Much Ado About Nothing?

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Outgoing President Barack Obama is about to invoke a 1953 law in a bid to protect the Arctic and Atlantic shelf of the United States from the claws of the oil and gas industry, but below the surface it may just be theoretical. The Outer Continental Shelf Land Act, and more specifically its provision 12(a), […]

Russia’s Deadly Mideast Game

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With its devastating show of force in Syria’s civil war, Russia has reasserted itself as a military power in the Middle East. It’s also put Russians in the region at mortal risk, as the Dec. 19 assassination of Andrey Karlov, Russia’s ambassador to Turkey, proves. Karlov is a casualty in the Kremlin’s quest for power […]

The U.S. Is Now a Country That Can Be Ignored

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One of President Barack Obama’s most important legacies is a sense that the U.S. is no longer the dominant global power: It can be ignored. It’s a new reality that became apparent this year as various authoritarian regimes and populist movements have tested it out. President Vladimir Putin’s Russia has been at the forefront of […]

Defend the Hood

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Make sure to press CC on the video player for English subtitles In 2016, numerous attacks were launched at diverse symbols of gentrification in the Montreal neighborhoods of Hochelaga-Maisonneuve and Saint-Henri. We wanted to give space to the people involved so that they can explain a point of view, that corporate media consistently ignore or […]

Heinberg: Beyond Trump: The Path to Real Change

Public Policy

This webinar serves as a hopeful antidote to the paralysis felt by many following the election of Donald Trump as the 45th US President. In it, we go beyond the minutiae of the election campaign and explore the bigger picture, including: The increasingly corporatized and globalized economic system which has led to the rise of Donald Trump […]

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