According to the BP statistical review of world energy 2010, the big six Middle East OPEC oil producers (Saudi Arabia, Iran, Iraq, Kuwait, Unite Arab Emirates (UAE) and Qatar) had 743 billion barrels (Gbs) of proved oil reserves (1P) between them, representing 56% of reported proved global oil reserves. Knowledge of this bounty provides OECD […]
Earth2tech has a look at some of the reasons why there has been significant resistance to smart meter rollouts – Why the Smart Meter Backlash Story Isn’t Going Away. This story seriously won’t go away. And here’s why: 1. People don’t like PG&E. PG&E has a long and contentious relationship with California residents. The utility […]
As has been reported on a number of other Peak Oil-related websites, the International Energy Agency, in its World Energy Outlook 2010, has finally come around to admitting what many have been stating for some time: Peak Oil is no longer a challenge to be faced in the distant (or even not-so-distant) future. The IEA […]
After reading Chris Turner’s “The Geography of Hope (A tour of the World we Need), and of course knowing very well the zero-pollution Resource Based Economy of The Venus Project, i became inspired to create this video. The superb music in this video is from: Jamiroquai, The Beatles, Tracy Chapman, Bruce Cockburn,DubTribe, Rush, Eric Pryde, […]
At the ASPO Conference in early October 2007, Robert Hirsch presented his view of the impact of peak oil on the economy and society. While most of his assertions are readily supportable, the historical record is nevertheless perhaps more nuanced and deserves consideration in thinking about future events. Peak oil activists and the mass media […]
While everyone knows about the threat of peak oil, peak coal is looming, but for somewhat different reasons. Peak coal would be the product of an adjustment in demand brought on by green energy programs worldwide, according to a presentation by Kjell Aleklett is the president of The Association for the Study of Peak Oil […]
Saudi King Abdullah has repeatedly urged the United States to attack Iran’s nuclear program and China directed cyberattacks on the United States, according to a vast cache of U.S. diplomatic cables released on Sunday in an embarrassing leak that undermines U.S. diplomacy. The more than 250,000 documents, given to five media groups by the whistle-blowing […]
President Hugo Chavez is promising to build new public housing complexes, boost social programs and renovate the long-neglected Caracas subway – and he needs money. The ambitious plans will squeeze Venezuela’s coffers at a time when oil earnings have slipped and Chavez is sending his foreign allies generous amounts of crude on credit. So he […]
Aristotle wrote that the desires of humans are unlimited. This is completely consistent with the modern notion proposed by Howard Odum of the Maximum Power Principle which states that biological systems seek to maximize their power intake. In the context of evolution it makes sense that those human beings who gathered the most energy to […]
The first commercial oil well was completed in Pennsylvania in 1859 under the supervision of Colonel Edwin Drake. Williamson and Daum’s The American Petroleum Industry: The age of illumination, 1859-1899, p. 75 have this colorful description of how Drake earned his colonel’s eagle: Following [Pennsylvania Rock Oil Company President James] Townsend’s instructions literally, Drake’s first […]
The SMH has an article on ASPO President Kjell Aleklett’s Australian tour, looking at global warming scenarios considering peak oil and quoting ASPO Australia and TOD ANZ’s Phil Hart – Emissions scenarios are based on flawed assumptions, says energy expert. The concept of a peak – maximum production – does not mean a date after […]
Over the last few days I have seen a couple of stories urging Ireland to declare bankruptcy and default rather than take the IMF/EU/UK bailout. Every one of them made perfect sense. The European Crisis is getting more serious and more powerful daily. The very last paragraph in the linked story reveals the real issue […]
Can we get beyond denial about peak oil, climate change, and economic troubles as long as we don’t find forms of action open to us? The genius of the “transition town” movement is that it starts with a positive vision, focuses on local scenes, teaches skills, invites people to develop plans, gives them other obviously […]
With territorial ownership being put forward in all four corners of the globe, including Great Britain’s claim to the Falkland Islands and more recently Japan’s claim to the Kuril Islands, Great British and Argentinean armed forces are on standby for inevitable confrontation. Argentina dispute Great Britain’s claim to the Islands they call Islas Malvinas and […]
Despite a significant growth in food production over the past half-century, one of the most important challenges facing society today is how to feed an expected population of some nine billion by the middle of the 20th century. To meet the expected demand for food without significant increases in prices, it has been estimated that […]
I’m pleased that my little article on the high volume of collapse talk coming from peak oil writers recently generated some attention. And I’m grateful that as someone so obviously committed to Transition as Dave Ewolt judged my musings worth an intelligent response. I’d like to address some of his excellent points here. For me, […]
America’s “Peak Oil Shrink” Dr. Kathy McMahon joins host Jay Carter this week on http://www.FinancialSurvivalRadio.com to discuss a growing trend: Many people are suffering depression and anxiety because of what they know about the topic of peak oil. After learning about Peak Oil herself and suffering similar anxiety, she created the PeakOilBlues.com website and found […]
As the price of oil climbs through $85 a barrel, it reminds me of the explanations flying around a little over two years ago as oil went to this level for the first time. “It’s all the funds chasing the hot commodity – the only game in town” was the refrain. It’s all a bubble […]
The city is empty. Vast skyscrapers and office buildings sit idle and unoccupied, workers finding no reason to be there since they lost their jobs. Cars are abandoned on the street, withering and rusting away with the passing of the seasons. The sole remaining residents are gaunt, zombie-like figures, bodies ravaged by hunger, unable to […]
THOSE WHO think immigration pressures are bad today are in for a real shock: The combination of climate change and declining Mexican oil production — both of which will strain the personal and public treasuries in Mexico — are likely to magnify the northward pressure. The United States should come to terms with immigration now, […]
Kjell Aleklett, Professor of Physics at Uppsala University in Sweden and President of the Association for the Study of Peak Oil and Gas (ASPO), believes that oil, gas and coal are reaching peak production, which is set to leave the world with a deficit of energy relative to future demand. Aleklett’s analysis of declining world […]
From Saudi Arabia, US bluster about energy independence must look delusional. Saudi Prince Turki Al Faisal Al Saud, a former ambassador to the US, didn’t express the kingdom’s view in those stark terms in a Nov. 11 lecture at Rice University’s Baker Institute for Public Policy in Houston. But he raised issues frequently overlooked in […]
Americans, I have some bad news for you: You have the worst quality of life in the developed world—by a wide margin. If you had any idea of how people really lived in Western Europe, Australia, New Zealand, Canada and many parts of Asia, you’d be rioting in the streets calling for a better life. […]
We’ve all become pretty used to the notion of scarce oil, and many debate whether a period of ‘peak oil’ is ahead whereby oil prices surge to astronomical levels due to world production peaking out as demand continues to grow. Yet now even coal, one of the cheapest and most abundant energy resources in the […]
Fans of John McPhee’s 1981 book “Basin and Range” will remember Kenneth S. Deffeyes, the longtime Princeton professor who helped guide the reader through what was then called the “New Geology.” “Deffeyes,” McPhee wrote, “is a big man with a tenured waistline. His hair flies behind him like Ludwig van Beethoven. He lectures in sneakers.” […]
The International Energy Agency (IEA) has delivered a confirmation of it. The agency, the energy security adviser to 28 rich nations, had dismissed imminent tapering off of production as a prediction of doomsayers in 2005. Its 2008 report saw the earliest point of no return in 2030. Faith Birol, chief economist of the IEA, told British […]
This report is a synthesis of the current state of knowledge on energy resources and global climate and environmental change. The findings clearly indicate that the convergence of peak energy resources and dangerous anthropogenic climate and environmental change will likely have a disastrous impact in the near- and long-term on the quantity and quality of […]
As families gather around Thanksgiving tables to voice the things they’re thankful for—usually family, friends, “this time together”—I’ll be offering my thanks for oil. Not for the olive oil that might be used to sauté some of our veggies, though I’m thankful for that too. No, I’m talking about petroleum. When we think about oil […]
One of the other lies told by Watermelons – when they’re not bleating about the fast-fading ‘crisis’ of “Man-Made Global Warming” – is that the earth is fast running out of scarce resources. “Even if AGW isn’t quite as true as we pretended it was a few years ago, that’s still no excuse for not […]
The optimism typically found in the International Energy Agency‘s annual World Energy Outlook report is strangely missing this year. Instead, the IEA is taking a far more sober perspective on the world’s oil-consuming future due to our ever-greater reliance on costly unconventional oil sources. Output from currently producing fields is projected to fall precipitously, looking […]
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