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The age of fossil fuel abundance is dead
The age of fossil fuel abundance is dead JOE GIDDENS/AP Workers at Buncefield oil depot, known as the Hertfordshire Oil Storage Terminal. British military personnel have begun delivering fuel to gas stations after a shortage of truck drivers disrupted supplies for more than a week, leading to long lines at the pumps as anxious drivers […]
Gas prices skyrocket as the global energy crisis worsens
Gas prices skyrocket as the global energy crisis worsens New York (CNN Business)The cost of energy was dirt cheap in the spring of 2020 as roads and airports sat nearly empty during the height of the Covid-19 pandemic. Energy demand is back today as the world economy reopens — but supply simply hasn’t kept up. That’s […]
Is this peak gas?
Is this peak gas? The recent, spectacular increase in the price of gas has created a sense of crisis not seen outside the financial sector since the early 1980s. In Europe in general and the UK in particular, it has begun to expose the folly of having an economy entirely dependent upon imports; including imports […]
China Coal Futures Hit Record High As Mines Flood; Worsening Power Shortages Hit Rust Belt
China Coal Futures Hit Record High As Mines Flood; Worsening Power Shortages Hit Rust Belt China’s top coal-producing region has been devastated by torrential rains and flooding this past week. About 9% of the coal mines in Shanxi province, an area responsible for producing 30% of China’s supply, have closed operations. The direct effect of […]
Yet another worry: Price of ship fuel is now highest since 2014
Yet another worry: Price of ship fuel is now highest since 2014 Bunker surcharges on the rise for shippers of containerized cargo Ship refueling (Photo: Shutterstock) Commodity prices are surging around the globe, so it should come as no surprise: Marine fuel is getting a lot more expensive. That’s bad news for ship operators on the […]
5 Signs a Civilization is About to Fail
5 Signs a Civilization is About to Fail
That Untraversed Land
That Untraversed Land It’s been just over a month since I started talking about how the predictions set out in 1972 by The Limits to Growth were coming true in our time. Since then the situation has become steadily worse. As I write this, rolling blackouts are leaving millions of people in China to huddle in the dark and […]
Fertilizer Prices Hit Record Highs, May Pressure Food Inflation Even Higher
Fertilizer Prices Hit Record Highs, May Pressure Food Inflation Even Higher Fertilizer prices have risen to a record high in North America, threatening to boost food inflation even higher. Nitrogen products are increasing due to the cost of natural gas, which is used in the manufacturing process. The Green Markets North America Fertilizer Price Index […]
An energy crisis is gripping the world, with potentially grave consequences
An energy crisis is gripping the world, with potentially grave consequences How China and Europe are catching the brunt of it The cooling towers at the coal-fired NTPC Ltd. Dadri Power Plant in Uttar Pradesh, India. The country, which relies on coal for about 70 percent of electricity generation, has already seen signs of power […]
British industry warns of factory closures without help on fuel costs
British industry warns of factory closures without help on fuel costs Stainless steel tubes are stored ready to be made into exhausts at the Eminox factory, during a post-Budget visit by Britain’s Chancellor of the Exchequer Philip Hammond, in Gainsborough, Britain October 30, 2018. Christopher Furlong/Pool via REUTERS LONDON, Oct 9 (Reuters) – Britain’s most […]
It’s all happening…..
It’s all happening….. Anyone who has been following this blog long enough will know that I predicted 2020 was crunch time and that we were heading into the mother of all energy crises. As I write, the UK is in deep turmoil, Germany is making contingency plans for blackouts, Lebanon has turned power off, China’s rationing electricity and India is doing the same. Low rainfall […]
India Faces Rolling Blackouts As Coal Shortage Forces Power Plants To Adopt Emergency Measures
India Faces Rolling Blackouts As Coal Shortage Forces Power Plants To Adopt Emergency Measures Due to a combination of factors – including environmentalists’ push for “green” energy like wind and solar, plus the COVID-inspired collapse in global supply chains leaving countries around the world desperate for badly needed energy supplies (from LNG to coal to […]
“Greening” Our Commutes
“Greening” Our Commutes Is the revolution here? The cover of the October 2021 issue of National Geographic says it is. I agree, though we’re not talking about the same revolution. And what if that difference can make all the difference? The magazine cover refers to two feature articles on “electric cars, hydrogen-powered planes, and the […]
Australian Green House Gas emissions down in 2020 due to Covid
Australian Green House Gas emissions down in 2020 due to Covid The Australian Prime Minister claimed emissions are down 20% from 2005 levels Prime Minister: “…Australia is part of the solution. Our emissions have fallen by 20 per cent since 2005. We are the only country to our knowledge, that engages in the transparency of reporting […]
Oil Prices Rebound As U.S. Walks Back Plan To Tap Strategic Petroleum Reserve
Oil Prices Rebound As U.S. Walks Back Plan To Tap Strategic Petroleum Reserve The U.S. Department of Energy is walking back previous comments that it was considering a release of the Strategic Petroleum Reserve and a ban on crude oil exports The DoE isn’t considering tapping the SPR “at this time” Goldman Sachs: SPR release […]
