Back to the Future
Back to the Future “The path of sound credence is through the thick forest of skepticism.” – George Jean Nathan In the second half of the 16th century, Britain plunged into an energy crisis. At the time, the primary source of energy driving the British economy was heat derived from the burning of wood, and […]
#Future Talks: Global Energy in 2022 with Vaclav Smil
#Future Talks: Global Energy in 2022 with Vaclav Smil
What Happens If The Fed Doesn’t Capitulate On Interest Rates?
What Happens If The Fed Doesn’t Capitulate On Interest Rates? In the past stock markets used to rely on the innovation and profit reports of individual companies, and while there were sometimes all encompassing events that would push equities in one direction or another, in the last decade there has been only one factor that ever really […]
How much oil remains for the world to produce? Comparing assessment methods, and separating fact from fiction
How much oil remains for the world to produce? Comparing assessment methods, and separating fact from fiction Abstract This paper assesses how much oil remains to be produced, and whether this poses a significant constraint to global development. We describe the different categories of oil and related liquid fuels, and show that public-domain by-country and global […]
Why expensive gasoline is here to stay
Why expensive gasoline is here to stay “Future presidents and administrations are going to be absolutely bedeviled by high gasoline prices.” In the short term, expectations for a drop in gasoline demand have yet to emerge. | Jeff Chiu/AP Photo The political pain that high gasoline prices have inflicted on President Joe Biden offers a […]
It’s Earth Overshoot Day, and Future Generations Are Calling | Opinion
It’s Earth Overshoot Day, and Future Generations Are Calling | Opinion July 28 is Earth Overshoot Day. As of that day, for the rest of 2022, human economic activity will be using the planet’s resources beyond its capacity to renew them. Humans now consume things like wood, water, and soil at nearly twice the rate […]
UN, World Economic Forum Behind Global ‘War on Farmers’: Experts
A sign of the World Economic Forum (WEF) is seen at the Congress centre during its annual meeting in Davos on May 23, 2022. (Fabrice Coffrini/AFP via Getty Images) US NEWS UN, World Economic Forum Behind Global ‘War on Farmers’: Experts They say ‘Agenda 2030’ development goals at root of sustainability policies that could lead […]
The world’s self-organizing economy can be expected to act strangely, as energy supplies deplete
The world’s self-organizing economy can be expected to act strangely, as energy supplies deplete It is my view that when energy supply falls, it falls not because reserves “run out.” It falls because economies around the world cannot afford to purchase goods and services made with energy products and using energy products in their operation. It […]
EU Prepares Public For Winter Gas Siege
EU Prepares Public For Winter Gas Siege European Union policymakers have started to prepare the public for siege conditions this winter if gas supplies from Russia are completely cut, an effort to demonstrate diplomatic resolve as well as avoid panic later in the year. In recent weeks, officials from Germany and other EU member states […]
BASF Prepares To Slash Ammonia Production In Germany Amid Worsening NatGas Crunch
BASF Prepares To Slash Ammonia Production In Germany Amid Worsening NatGas Crunch German chemicals company BASF SE paid an extra 800 million euros ($809.5 million) to keep its plants operating in the second quarter compared with a year earlier amid skyrocketing natural gas prices. The impact of high energy prices has forced the company to […]
We Are Going To See Energy Prices Go Absolutely Nuts This Winter Just As We Plunge Into A Horrifying Global Economic Crisis
We Are Going To See Energy Prices Go Absolutely Nuts This Winter Just As We Plunge Into A Horrifying Global Economic Crisis How would you feel if your power bill went up by 50 percent this winter? How about 100 percent? Unfortunately, these kinds of price increases are already being announced. The world was heading […]
Category 4 hurricane? Prepare for 21 days without power, Entergy says
Category 4 hurricane? Prepare for 21 days without power, Entergy says Even a Category 1 hurricane might bring 7 days without power, utility says. The electricity has been off for 11 days in Bridge City, La. Thursday, Sept. 9, 2021, in the aftermath of Hurricane Ida. (Staff photo by David Grunfeld, NOLA.com | The Times-Picayune | The […]
Question Everything
Question Everything The average person in the First World receives more information than he would if he lived in a Second or Third World country. In many countries of the world, the very idea of twenty-four hour television news coverage would be unthinkable, yet many Westerners feel that, without this constant input, they would be […]
Central Banks, Global Debt & COVID
Central Banks, Global Debt & COVID Ed Dowd summarizes his career and insights as a successful stock picking “conspiracy theorist”. I first met Ed Dowd during an early trip which a group of physicians from the International Alliance of Physicians and Medical Scientists (www.globalcovidsummit.com) made to the Hawaiian Islands of Maui and Oahu during the […]
EU Natural Gas Prices Soar As Gazprom Readies Nord Stream Cuts, US NatGas Hits 14-Year High
EU Natural Gas Prices Soar As Gazprom Readies Nord Stream Cuts, US NatGas Hits 14-Year High European natural gas futures extended gains by 12% after Russian state-owned energy producer Gazprom PJSC unexpectedly announced it would halt a Nord Stream 1 turbine at its Portovaya compressor station from Wednesday. Simultaneously, US NatGas futures have spiked to 14-year highs. […]
