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U.S. Oil Production Has Already Passed Its Peak, Occidental Says
U.S. Oil Production Has Already Passed Its Peak, Occidental Says America’s oil production will never again reach the record 13 million barrels a day set earlier this year, just before the pandemic devastated global demand, according to Occidental Petroleum Corp. “It’s just going to be too difficult to replace the 2 million barrels a day […]
People power: everyday Australians are building their own renewables projects, and you can too
People power: everyday Australians are building their own renewables projects, and you can too In the town of Goulburn in southern New South Wales, an energy revolution is brewing. The community has come together to build its own 4,000-panel solar farm – everyday citizens are invited to buy shares in the venture and reap the rewards. Goulburn […]
The Great American Oil & Gas Massacre: Bankruptcies Hit New Milestone as Bigger Companies Let Go
The Great American Oil & Gas Massacre: Bankruptcies Hit New Milestone as Bigger Companies Let Go The American Oil Boom Was Where Money Went to Die. The amount of secured and unsecured debts, such as loans and bonds, listed in bankruptcy filings in the third quarter by US oil and gas companies, at $34 billion, […]
New Harvard Study Finds “Elevated Radiation” Levels Near Fracking Sites
New Harvard Study Finds “Elevated Radiation” Levels Near Fracking Sites Fracking has been one of the keys to helping the U.S. achieve its energy independence and become the world’s largest oil and gas producer over the last ten years. But now, it looks like it may be coming with some unintended consequences, according to Reuters. Researchers […]
UK Grid Warns Of Electricity Shortage Due To Drop In Wind
UK Grid Warns Of Electricity Shortage Due To Drop In Wind The UK’s electricity grid operator has warned of a short supply over the next few days due to generator outages and a lull in autumn winds. The National Grid said on Oct. 14 that it was exploring various measures to create a buffer to avoid potential outages, like […]
Fossil Fuel Production Is Reaching Limits in a Strange Way
Fossil Fuel Production Is Reaching Limits in a Strange Way Strangely enough, the limit we seem to be reaching with respect to fossil fuel extraction comes from low prices. At low prices, the extraction of oil, coal, and natural gas becomes unprofitable. Producers go bankrupt, or they voluntarily cut back production in an attempt to force […]
Who is “we”?
Who is “we”? Ed. note: Robert Jensen, “Who is we?” The Ecological Citizen, 4:1 (2020): 57-61. (The version below is slightly revised for a forthcoming book, The Perennial Turn, edited by Bill Vitek.) Who is “we”? We humans have made a mess of things, which is readily evident if we face the avalanche of studies and statistics describing the contemporary […]
Has oil peaked?
Has oil peaked? Last month, the world’s 4th largest oil company—BP—predicted that the world will never again consume as much petroleum as it did last year. So, have we finally hit peak oil? And if so, what does that mean for our economy and our world? There was fierce controversy in the first decade of this century […]
Today’s Contemplation: Collapse Cometh VI
Today’s Contemplation: Collapse Cometh VI It’s truly unfortunate that our society pursues such self-evidently egregious exploits on our environment. You can’t continue to pollute your backyard without eventually destroying the complex ecological systems that support you — to say little about the finiteness of most resources we overly depend upon. And, certainly, we can’t continue […]
U.S., European Oil Majors Could Create Supply Crisis With Renewables Push – Russia’s Rosneft
U.S., European Oil Majors Could Create Supply Crisis With Renewables Push – Russia’s Rosneft Rosneft is looking to double down on hydrocarbons and extract up to 5 billion tons of light-quality oil in the Arctic.Alexander Rumin / TASS U.S. and European oil majors’ commitment to moving away from fossil fuels toward renewable energy threatens oil […]
Gazprom Blasts $7.6BN Polish Antitrust Fine On NS2 Pipeline As Move To Kill It “By All Means”
Gazprom Blasts $7.6BN Polish Antitrust Fine On NS2 Pipeline As Move To Kill It “By All Means” Polish authorities have fined Russia’s Gazprom a whopping and unprecedented $7.6 billion (or 6.5 billion euros) for constructing the controversial Nord Stream 2 pipeline to Germany. While Poland anti-trust authorities have claimed Nord Stream 2 is fundamentally a politically […]
Leaked Document Reveals Exxon’s Plan To Increase Emissions As Energy Space Prepares For Decarbonization
Leaked Document Reveals Exxon’s Plan To Increase Emissions As Energy Space Prepares For Decarbonization As oil majors prioritize their own decarbonization goals, an internal document viewed by Bloomberg reveals Exxon Mobil Corp. is planning to increase annual carbon-dioxide emissions output by as much as a small country like Greece. Exxon is one of the biggest corporate emitters of greenhouse gasses […]
Natural gas
Natural gas In the eastern Mediterranean it smells of powder. Fighter jets from various countries fly over the Levantine Basin and frigates are on a collision course. These are not exercises. It is a crisis reminiscent of the conflict between Ankara and Athens in the 1970s or even the beginning of the First World War. […]
The US Oil and Gas Industry’s Methane Problem Is Catching up With It
The US Oil and Gas Industry’s Methane Problem Is Catching up With It For years, the oil and gas industry has been able to downplay, or outright ignore, the problem of methane. Methane is an invisible gas, and lax state and federal regulations in the U.S. have allowed oil and gas producers to self-report how much of this potent […]
Today’s Contemplation: Collapse Cometh V
Today’s Contemplation: Collapse Cometh V Pompeii (1993) Photo by author Yet another of my comments for an article on The Tyee regarding energy and how we should approach our coming dilemmas. https://thetyee.ca/Analysis/2020/10/02/BC-Needs-Wartime-Approach-Climate-Emergency/ _____ While I certainly appreciate the need to ‘correct’ our global industrial civilization’s path from its current trajectory there is an obvious ‘problem’ with […]
