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News from March 2018

Beyond Hope: Letting Go Of A World In Collapse

Beyond Hope: Letting Go Of A World In Collapse thumbnail

Reposted from Deb Ozarko.Com   “Many people, especially ignorant people, want to punish you for speaking the truth, for being correct, for being you. Never apologize for being correct, or for being years ahead of your time. If you’re right and you know it, speak your mind. Speak your mind. Even if you are a […]


Civilization Doomed, Says Stanford Biologist Paul Ehrlich Again

Civilization Doomed, Says Stanford Biologist Paul Ehrlich Again thumbnail

“The battle to feed all of humanity is over,” Paul Ehrlich declared in the prologue to his 1968 book The Population Bomb. “In the 1970’s the world will undergo famines—hundreds of millions of people are going to starve to death in spite of any crash programs embarked upon now. At this late date nothing can […]


Global oil demand in 2017 grew fastest in a decade

Global oil demand in 2017 grew fastest in a decade thumbnail

Global oil demand rose by 1.5 million barrels a day in 2017, growing at 1.6 per cent, more than twice the average annual growth rate seen in a decade, International Energy Agency (IEA) said in its report. The Paris based agency said in its Global Energy and CO2 status report 2017 that more than 60 […]


Introduction to carbon pricing

Introduction to carbon pricing thumbnail

Regular readers of my blog will probably be familiar with most of the material but I hope they will be nevertheless be useful both as a refresher and a guide for people who are new to the area. The three talks I’ve produced so far are: 1. An introduction to carbon pricing, which explains the […]


Kunstler: The Unspooling

Kunstler: The Unspooling thumbnail

With spring, things come unstuck; an unspooling has begun. The turnaround at the FBI and Department of Justice has been so swift that even The New York Times has shut up about collusion with Russia — at the same time omitting to report what appears to have been a wholly politicized FBI upper echelon intruding […]


Robert Rapier: Sleepwalking Into The Next Oil Crisis

Robert Rapier: Sleepwalking Into The Next Oil Crisis thumbnail

One school of thought is that future oil demand is set to decline because consumers will have better options. Many in this “peak demand” camp believe that the growth of electric vehicles will soon make oil obsolete. That’s a relatively painless view of the future and is consistent with much of our past experience. Old technologies are […]


Why Oil-Rich Saudi Arabia Is Turning to Nuclear Power

Why Oil-Rich Saudi Arabia Is Turning to Nuclear Power thumbnail

With the world’s second-biggest proven reserves of oil, Saudi Arabia seems an unlikely aspirant to the nuclear-energy club. Yet the largest oil exporter plans to build at least 16 nuclear reactors over the next 25 years at a cost of more than $80 billion. The Saudis see atomic energy as a way to ease their […]


Does The US Really Need More Oil?

Does The US Really Need More Oil? thumbnail

U.S. oil production is set to hit a record 11 million barrels a day by 2019, according to latest figures from the U.S. Energy Information Administration. Meanwhile permits are being issued for further exploration in national parks and pressure is being put on deep water drilling and exploration in the Arctic. Domestic oil production is seen […]


Is Desalination an Answer to the Water Crisis?

Is Desalination an Answer to the Water Crisis? thumbnail

On World Water Day, March 22, universal access to clean water continues to be a privilege, when it should be a right. Experts predict that by 2030 the global water demand will exceed supply by 40%. Despite the fact that our oceans and seas make up more than 97% of the earth’s water resources and […]


The World’s Largest Oil Traders Are Shifting Strategy

The World’s Largest Oil Traders Are Shifting Strategy thumbnail

  The world’s largest independent oil trader, Vitol, is looking to secure long-term deals with some of the biggest oil-producing countries in the Middle East, in what has become a challenging wider oil-trading market. Vitol is in discussions to seal either joint venture, or long-term offtake and supply agreements with Abu Dhabi, Bahrain, and Kuwait, […]


The End of Scarcity

The End of Scarcity thumbnail

Doomsdayers fret as world population grows, yet human productivity increases all the while and resources remain abundant. It is often posited that population growth must inevitably result in the exhaustion of natural resources, environmental destruction, and even mass starvation. Only last month, a much-discussed study in the journal Nature Sustainability insisted that “Humanity faces the challenge of […]


Anti-pipeline fight heats up

Anti-pipeline fight heats up thumbnail

March 19 “Burnaby Mountain, British Columbia, Canada” People blocked tree cutting equipment, slated to clear the way for Kinder Morgan’s Trans Mountain Pipeline Expansion, that would bring oil from Alberta’s tar sands to the port of Vancouver. These actions were done by autonomous individuals unaffiliated with environmental ngo’s, currently engaged in a week of symbolic […]


Trump Greets Visiting Saudi Prince

Trump Greets Visiting Saudi Prince thumbnail

President Donald Trump welcomed Saudi Arabia’s Crown Prince Mohammed bin Salman to the Oval Office on Tuesday by showcasing photographs of tanks and helicopters that the U.S. has sold the Middle East kingdom to help it build up its military muscle. Across town, senators debating a contentious proposal meant to curb American military support for […]


My view on nuclear fusion, in a nutshell

My view on nuclear fusion, in a nutshell thumbnail

Nowadays few businesses would invest in conventional nuclear power stations. In the US subsidies of 100%, or more, fail to attract private investment for a nuclear fission power station, the classic form of nuclear energy.  There are good economic reasons why this is so aside from the strong emotional stigma. There is another form of […]


EIA Production estimates are way off the mark and so too may be future United States energy dominance

EIA Production estimates are way off the mark and so too may be future United States energy dominance thumbnail

The term energy dominance has been eschewed by the US Department of Energy as the end game of the shale revolution with the resurgence of production to all time highs (oil, natural gas and NGL’s). Politicians and the media are singularly focused on when, not if US oil production will eclipse Russia (at 11.3 million […]


Why Is America In Decline?

Why Is America In Decline? thumbnail

Jake Lloyd explains the conditions that allowed radical ideology and anti-American ideals to push America into decline.


Speeding Down a Dead End Road

Speeding Down a Dead End Road thumbnail

Since the birth of car culture more than a century ago, lavish consumption of energy has not been a bug but a feature. That’s now a feature we can ill afford, as we attempt the difficult and urgent task of transition to renewable energies. Notwithstanding all the superlatives lavished on Elon Musk by mass media, […]


Kunstler: Chatting with Tom Whipple of Peak Oil News

Kunstler: Chatting with Tom Whipple of Peak Oil News thumbnail

Tom Whipple is a former US Intel analyst who has put out the PeakOilNews for more than a decade. His newsletter is now associated with the PostCarbon institute and can be found at Peak-oil.org. Tom is not a tin-foil hat guy, but we get into a discussion in the heart of the interview about exotic […]


Why don’t I have an electric car?

Why don’t I have an electric car? thumbnail

Electric vehicles are on the move. Last year, the number of EVs being driven on the world’s roads increased by almost 50 per cent. According to some analysis, electric vehicles will be a crucial transformative force in the global energy market forcing oil demand to peak by 2020. They bring advantages in terms of parking […]


Subsidies and Puppies

Subsidies and Puppies thumbnail

Everyone likes a puppy. You get a puppy you’re immediately in love. You never want to get rid of it. Puppies also come in all sizes. Look at that face! The same is true for energy subsidies. The government essentially decides on what type of behavior (e.g., using public transport instead of your personal car […]


Will PET bottles change tastes of Japan’s aluminum can collectors?

Will PET bottles change tastes of Japan’s aluminum can collectors? thumbnail

The beverage sector has long favored aluminum cans for being lighter, stronger and more easily recyclable than the alternatives, despite being up to three times more expensive than steel and twice more than PET. But the economics of the sector are changing, and soda producers such as Coca Cola are increasingly packaging their beverages in […]


Kunstler: If You Come to a Fork in the Road, Take It

Kunstler: If You Come to a Fork in the Road, Take It thumbnail

Various readers, fans, blog commenters, Facebook trolls, and auditors twanged on me all last week about my continuing interest in the RussiaRussiaRussia hysteria, though there is no particular consensus of complaint among them — except for a general “shut up, already” motif. For the record, I’m far more interested in the hysteria itself than the […]


Water, water everywhere – but for how much longer?

Water, water everywhere – but for how much longer? thumbnail

Demand for water is expected to increase by nearly one-third by 2050 as the planet’s population expands, according to the 2018 World Water Development Report from the United Nations. To provide enough water for drinking, growing crops, generating power and other uses, governments and businesses should work more closely with nature, which controls the water […]


The Guardian view on fusion: A moment of truth

The Guardian view on fusion: A moment of truth thumbnail

There has been a lot of buzz about fusion in the past few days, after the announcement of “a dramatic leap forward” from a collaboration between MIT and a newly formed private company, followed by declarations that “the world’s energy systems will be transformed.” Bob Mumgaard, CEO of the private company involved—Commonwealth Fusion Systems, which has […]


Oil Price Outlook: Can OPEC Stick To The Deal?

Oil Price Outlook: Can OPEC Stick To The Deal? thumbnail

As demand remains stable, it is clear that OPEC and its allies’ ability to adhere to the agreed upon output levels, combined with the pace of U.S. shale production growth will be the key determining factors for prices over the next two years. Currently, OPEC has extended the production deal agreed to in 2016 through […]


The Oil Canal That May Never Be

The Oil Canal That May Never Be thumbnail

People have conceived of linking the gulf of Thailand with the Andaman sea for around 300 years but, as of yet, such plans have remained firmly in the realm of fantasy. Dividing the peninsula of Thailand is obviously a massive undertaking, which is certain to have its proponents and opponents, past, present and future. Reasons […]


The Middle East and Russia are ill-prepared for a low-carbon future

The Middle East and Russia are ill-prepared for a low-carbon future thumbnail

THE HIGHLIGHT OF a trip to the vast Shaybah oil field in Saudi Arabia’s “empty quarter” is a stroll at dusk to the top of a range of silky sand dunes. There you can watch the sun set over the pride of the Saudi petroleum industry as a muezzin in the mosque below strikes up […]


Ghana is ‘about to have an oil boom’

Ghana is ‘about to have an oil boom’ thumbnail

Ghana, the west African nation known as one of the world’s largest cocoa producers, is on course for skyrocketing economic growth this year thanks to an entirely different commodity. Ghana is “about to have an oil boom,” Imad Mesdoua, senior consultant for Africa at Control Risks, told CNBC via telephone. “This will primarily be driven […]


The Truth About Aramco’s $2 Trillion Valuation

The Truth About Aramco’s $2 Trillion Valuation thumbnail

Two trillion dollars: this was the price tag Riyadh put on the jewel in its crown, state oil and gas giant Aramco. This is how much the company was worth, officials said, if you multiplied its proven reserves by a factor of US$8, which is the figure used to value oil and gas reserves. There […]


Kennedy Jr. takes bullish stand on e-revolution fast overtaking oil

Kennedy Jr. takes bullish stand on e-revolution fast overtaking oil thumbnail

Expect peak oil production to arrive in something more like five years than the 50 years forecast by much of the energy industry, environmentalist Robert F. Kennedy Jr. said Thursday. It won’t be because the world is running out of oil, but because that’s how fast he’s betting innovations in cheap renewable power, batteries and […]


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