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Annual Reserve Revisions Part IV: Shale Producers

Annual Reserve Revisions Part IV: Shale Producers EIA Liquids Reserve Estimates This follows on from Part I, which looked at EIA reserves and revision estimates for US as a whole and the GoM, and concentrates on the on-shore tight oil and (below)gas producing regions. The EIA issues revision data by whole states or state districts […]

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Today’s Contemplation: Collapse Cometh XXIII

Today’s Contemplation: Collapse Cometh XXIII Tulum, Mexico (1986) Photo by author Today’s thought was motivated by another Tyee article that carries on the notion of ‘clean energy’ and the ‘magical thinking’ needed to buy into such narratives. *    *     * As long as language is being manipulated (e.g., ‘clean energy’ is a gargantuan oxymoron), magical […]

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Blackouts Loom in California as Electricity Prices Are ‘Absolutely Exploding’

Blackouts Loom in California as Electricity Prices Are ‘Absolutely Exploding’ Two inexorable energy trends are underway in California: soaring electricity prices and ever-worsening reliability – and both trends bode ill for the state’s low- and middle-income consumers. Last week, the state’s grid operator, the California Independent System Operator, issued a “flex alert” that asked the state’s consumers to reduce […]

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Mere statistics

Mere statistics In the current political climate, fossil fuels are deemed to have no redeeming features.  The fact that everything we take for granted, from abundant food to high life expectancy and from clean drinking water to an absence of slavery, is based on fossil fuels is entirely overlooked.  The transition to non-renewable renewable energy-harvesting technologies – […]

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BC Spends More Subsidizing Fossil Fuels Than on Fighting Climate Change: Report

BC Spends More Subsidizing Fossil Fuels Than on Fighting Climate Change: Report Government says its upcoming royalty review will ensure ‘a fair return on our resources.’ Environmental organization DogwoodBC put up a billboard at the Vancouver intersection of Main Street and 2nd Avenue to raise awareness about BC’s fossil fuel subsidies and the upcoming provincial […]

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BC Looks like an LNG Loser: Report

BC Looks like an LNG Loser: Report Prospects have been battered by global competition, volatility, delays and cost overruns. Facing a world of challenges: Artist’s rendition of the sole LNG project under construction in BC, the LNG Canada terminal in Kitimat. Image via Fluor. Once touted as an economic powerhouse, the liquified natural gas industry is […]

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Oil Prices Set To Head Even Higher As Market Tightens

Oil Prices Set To Head Even Higher As Market Tightens Solid oil demand is driving up the spot crude prices in every part of the world. This is a clear indication that the physical oil market is finally catching up with the recent rally in the paper market. The strengthening appetite for crude in Asia […]

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How Much Oil Can Saudi Arabia Really Produce?

How Much Oil Can Saudi Arabia Really Produce? For decades, the true numbers relating to Saudi Arabia’s level of crude oil reserves and production have been a subject of much debate and confusion, not helped by the obfuscation from the Saudis over precisely what these numbers are. The reason for obfuscation is that Saudi Arabia’s […]

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Alice Friedemann’s LIFE AFTER FOSSIL FUELS A Reality Check on Alternative Energy

Alice Friedemann’s LIFE AFTER FOSSIL FUELS A Reality Check on Alternative Energy Fossil fuels are the lifeblood of modern industrial society, and they’re steadily being depleted. Eventually, their rates of production will cease to grow and will begin to permanently decline, spelling disaster for a civilization dependent on ever-increasing quantities of ever-cheaper fossil energy. Their […]

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Decade Of Chaos Could Send Oil To $130 Per Barrel

Decade Of Chaos Could Send Oil To $130 Per Barrel From $35 per barrel to $130 per barrel—this is the range for oil prices in the next few years that we could see, according to a commodity trading group. And it will all depend on what peaks first: demand or investment in new production. “You could […]

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Today’s Contemplation: Collapse Cometh XXII

Today’s Contemplation: Collapse Cometh XXII Knossos, Greece (1993) Photo by author A personal view of the ‘Net-Zero’ policy being implemented by governments around the world, particularly those of the ‘West’. *     *     * As happens so often (always?), the ruling elite are manipulating what is possibly one of our more (most?) existential dilemmas so […]

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‘Net-Zero’ Emissions May Not Be as Green as You Think

‘Net-Zero’ Emissions May Not Be as Green as You Think ‘Undefined’ term reduces political pressure to take real action on climate change and hedges bets on future solutions, says expert. Governments describe forests as large carbon sinks that pull emissions from the air. But they use ‘dodgy accounting’ that doesn’t look at the whole picture […]

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More Bright Green Lies

More Bright Green Lies We are now all familiar with the strategy of most of the industries surrounding the topic of climate change (or any other environmental predicament which can be utilized as a force to provide an income stream through slick PR work, propaganda, marketing, and advertising). Find what is called a “problem” (halitosis, […]

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Four Scenarios for a Catastrophic Future: Part III (final)

Four Scenarios for a Catastrophic Future: Part III (final) This is the third and final part of Rutilius Namatianus’ (RN) reassessment of some scenarios for the future originally proposed by David Holmgren. RN takes a position that goes against the standard interpretation that sees our problems originating mainly by climate change. Instead, RN believes that […]

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Shale oil and gas fraud: A sign of a peak in oil supplies?

Shale oil and gas fraud: A sign of a peak in oil supplies? Those of us who watched incredulously as investors shovelled more and more money into what we were sure were money-losing shale oil and gas drillers do not find the current spate of fraud lawsuits against these drillers surprising. The gargantuan claims about shale hydrocarbon reserves—which were […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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