Earth to warm 3.6 degrees by end of century

By the end of the century, the global temperature is likely to rise more than 3.6 degrees. This rise in temperature is the ominous conclusion reached by two studies using entirely different methods published in the journal Nature Climate Change on Monday. One study used statistical analysis to show there is a 95 percent chance […]

Kunstler: Narratives Are Not Truths

The polity is a social organism, of course, meaning that it adds up to more than the sum of its parts, a body of politics, if you will, just as each of us adds up to more than just our bodies. It’s alive as we are alive. We have needs. We have intentions in the […]

Heinberg: Are We Doomed?

My most recent essay, in which I discussed a highly publicized controversy over the efficacy of plans for a comprehensive transition to an all-renewable energy future, garnered some strong responses. “If you are right,” one Facebook commenter opined, “we are doomed. Fortunately you are not right.” (The commenter didn’t explain why.) What had I said to […]

OPEC’s Existential Sucker Punch

You wait decades for an existential crisis, then two come along at once. At least that’s how it must feel for OPEC’s beleaguered ministers. In the short term the market for their oil is being eroded by rising production outside their control. Looking further ahead, oil demand itself is under threat from the electrification of […]

Oil tycoon promises his next car will be electric

Yes, you heard that right, the boss in charge of Europe’s biggest oil company says his next car will be electric. Does this revelation from the CEO at Shell say a lot about the future of fossil fuels? It seems so, with Ben Van Beurden, 59, saying the demand for oil could peak within the […]

I infiltrated ISIS — here’s how I was instructed to carry out a terrorist attack

How does ISIS recruit its attackers in Germany? What are the last instructions before the terrorists strike and kill as many innocent people as possible? For months, BILD reporter Björn Stritzel pretended to be an Islamist willing to carry out an attack (always in consultation with the security authorities). My mobile phone vibrates just before […]

What is the worst product ever marketed?

    The worst product ever marketed: the disposable propane lighter. Wasteful, expensive, non-recyclable, using non-renewable materials, having benign alternatives (matches). In short, evil. And yet, it was hugely successful. Image from Wikipedia.     Greens often exaggerate in inviting people to save energy and be happier by staying in the dark and eating insects. However, it […]

Peak Oil Demand in 10 Years?

Venezuela is sliding closer and closer toward the brink, and things look as if they’ll get worse, unfortunately, before they improve. A country that boasts the largest proven oilfield in the world should not be facing such dire food and medicine shortages, not to mention rampant protests and violence in the streets. But that’s what […]

As a river dies: India could be facing its ‘greatest human catastrophe’ ever

As crops and farmers die, experts blame a man-made “drought of common sense” for the drying up of Southern India’s Cauvery River, once a lifeline to millions. Insight investigates. Much of the once bountiful and lush-green rice fields was reduced to a dry, yellow-brown landscape, after successive years of scanty rainfall and severe drought. For […]

How clean is ‘clean energy’? Renewables cannot solve the global crisis

In this second contribution to our symposium, ‘Pathways to the Post-Carbon Economy’, ecosocialist scholar Saral Sarkar dissects the challenges posed by renewable energy in the context of the environmental crisis of capitalism. How ‘renewable’, really, are renewable energies? While we model their feasibility in different ways through scientific studies, do these studies account for the […]

Extinction is the System Result

What a spectacle the peasants make, like children at their first circus, they cheered for Trump. A very entertaining pageant of manipulation, and then to watch the retards realize they were fooled once more. “Perhaps the snowflakes were right,” they mutter darkly. And this thought-piece is not a complaint on my part, the mass manipulation, […]

World War 3 Will Happen In 2040

In a breaking article, we look forwards 23 years to the outbreak of the final world war. But let us begin at the beginning. In the beginning, there was oil. And then there wasn’t. And it was a disaster for a man. A giant leap backwards for mankind. That’s right folks, it turned out that […]

The Elites Are Jumping Ship As The Financial Collapse Draws Near

It’s easy to think of the political and financial elites who run our world as lofty and all powerful. They command dangerous governments that can wield devastating weapons, central banks that treat our economy like a rigged casino, media conglomerates that pacify the minds of the public, and unbelievably wealthy corporations that have concentrated wealth […]

Exxon Cuts Fail to Offset Output Declines

Exxon Mobil Corp. wrecked the oil industry’s perfect streak of upside profit surprises as the biggest U.S. oil explorer disclosed second-quarter results that failed to live up to analyst forecasts. Chevron Corp., the second largest U.S. driller behind Exxon, said it earned 77 cents a share, a dime less than the average of 21 estimates relying […]

Population and World Pattern

This lecture will cover basic aspects of population and it’s related terms. we will also discuss the world pattern of population and some factors affecting this pattern.

What Is the ROI (and EROEI) on Subsidized Renewable Energy?

Subsidized renewable energy has a low Energy Return on Energy Invested, which makes it completely irrational as a matter of economics and public policy.  Anyone who has any business acumen will understand the law of ROI (Return on Investment). You need to know if money is well spent and if that opportunity to invest is […]

So how on earth are we going to power nine million electric cars

Earlier this year, car buyers were encouraged to take advantage of the Government’s new environmentally friendly decision to exempt from road tax all electric cars with zero carbon emissions that cost less than £40,000. Intrigued to see the choices that might be available, I visited a Mitsubishi dealer. The hottest model on the forecourt in […]

Next year U.S. oil production will exceed its 1970 peak

Crude oil production in the U.S. will reach an average of 9.9 million barrels a day in 2018, the Energy Information Administration projects in its latest Short-Term Energy Outlook report. This would surpass the previous record of 9.6 million barrels per day, set in 1970. So much for Hubbert’s Peak. In 1956, geologist M. King […]

Oil Prices: Forget Lower for Longer, Shell Says Get Set for “Lower Forever”

Depending on Royal Dutch Shell‘s influence in the crude market, the new mantra ‘lower for longer’ – a reference to dealing with lower oil prices – could be short-lived: Ben van Beurden, the company’s chief executive officer, says he and his colleagues are gearing up for a world of “lower forever” prices. That’s because Shell […]

Is the world really better than ever?

By the end of last year, anyone who had been paying even passing attention to the news headlines was highly likely to conclude that everything was terrible, and that the only attitude that made sense was one of profound pessimism – tempered, perhaps, by cynical humour, on the principle that if the world is going […]

Oil barons face a slow death by electrification

Opec, Russia and Big Oil thought they had half a century to prepare for the end of the internal combustion engine. At best they have a decade before the threat turns deadly serious. The twin announcement by France and Britain – within two weeks of each other – to ban sales of petrol and diesel […]

Has fracking reached peak sand?

Texas oil is booming, and so are the sand mines needed for fracking the wells. But hydraulic fracturing leader Halliburton is warning that its surging sand use is finally topping out, and maybe even falling. Fairmount Santrol, an Ohio company, announced this week it will build yet another sand mine in the Permian Basin to […]

Researchers Have Been Underestimating the Cost of Wind and Solar

How should electricity from wind turbines and solar panels be evaluated? Should it be evaluated as if these devices are stand-alone devices? Or do these devices provide electricity that is of such low quality, because of its intermittency and other factors, that we should recognize the need for supporting services associated with actually putting the […]

A Collapsing Venezuela Could Jolt Oil Market

Bloomberg Gadfly’s Liam Denning talks about how a collapsing Venezuela could jolt the oil market. Dr. Stafford Broumand, a plastic surgeon at 740 Park Plastic Surgery and the former president of the American Society of Plastic Surgeons, discusses the growth of the plastic surgery industry and the companies that could benefit. Paul Sweeney, U.S. director […]

Peak Oil Demand Could Hit In 2024: Goldman Sachs

Global oil demand could peak as early as 2024 if there are more efficiency gains in vehicles, greater market penetration by electric cars, lower economic growth and higher fuel prices, Goldman Sachs said Monday. Economic expansion in emerging markets — led by India — may stave off reaching a peak until 2030, although demand growth […]

Saudi King Salman orders arrest of royal prince for assault

Authorities on Thursday announced an order from Saudi Arabia’s King Salman bin Abdulaziz to arrest a royal prince, on charges he assaulted at least four residents of Riyadh. Salman issued an immediate arrest warrant for Prince Saud bin Abdulaziz bin Musaed bin Saud bin Abdulaziz Al Saud, and anyone else who took part with him […]

Al-Aqsa crisis is Tillerson’s first real Mideast test

The stars were perfectly aligned for Rex Tillerson. As secretary of state under a Republican president whose party enjoys a majority in both sides of the house, and given the massive damage done to the US interest and traditional allies by the Obama Doctrine, Tillerson could not have had a clearer mandate. This is particularly […]

Electric Vehicles Will Decimate Oil

The electric vehicle revolution is speeding up. Year over year, electric vehicles sales are up 45% and the Tesla Model 3 hasn’t even gotten into the fray yet. If electric vehicles continue as these rapid growth rates, they represent a 10% market share before 2025. But what exactly will that mean for oil? Well, it’s […]

Trump Administration Closing War Crimes Office

Secretary of State Rex Tillerson is closing a decades-old office in the State Department that has helped seek justice for victims of war crimes. The Office of Global Criminal Justice advises the secretary of state on issues surrounding war crimes and genocide, and helps form policy to address such atrocities. It was established by President […]

Chinese appetite for LNG increasing

The Chinese appetite for liquefied natural gas increased more than 30 percent from last year, according to the latest government data. The Chinese General Administration of Customs reported LNG imports to China increased dramatically as the country looks to rely less on coal for its energy needs. First half demand was up 38.3 percent from […]

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LATEST NEWS HEADLINES

• Is It Time To Abandon the Idea of Phasing Out Oil and Gas?
• More than 20% of global refining capacity at risk of closure
• Charles Hugh Smith Blog: Fire, Then Ice Our Deflationary Future
• Saudi Aramco CEO Amin Nasser says energy transition strategy ‘visibly failing’
• 100 million-degree ‘artificial sun’ sets new records in hunt for energy’s ‘Holy Grail’

• China’s peak oil demand bombshell eviscerates Danielle Smith’s energy strategy
• US seeks to buy up to 3 million bbls of oil for Strategic Petroleum Reserve
• Desertification: the world is losing healthy land at an astonishing rate
• US oil production will keep booming in 2024, setting up a possible showdown with Saudi Arabia
• Saudi Arabia piles pressure on UAE to shift COP28 focus away from oil and gas
• US Warship, Commercial Ships Under Attack In Red Sea