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Shale’s Debt-Fueled Drilling Boom Is Coming To An End
Shale’s Debt-Fueled Drilling Boom Is Coming To An End The financial struggles of the U.S. shale industry are becoming increasingly hard to ignore, but drillers in Appalachia are in particularly bad shape. The Permian has recently seen job losses, and for the first time since 2016, the hottest shale basin in the world has seen job […]
Development: a failed project
Development: a failed project It’s time to abandon development and think about postdevelopment instead. “They talk to me about progress, about ‘achievements,’ diseases cured, improved standards of living. I am talking about societies drained of their essence, cultures trampled underfoot, institutions undermined, lands confiscated, religions smashed, magnificent artistic creations destroyed, extraordinary possibilities wiped out. They […]
Western France Runs Out Of Gas As “Massive Strikes” Set To Paralyze Entire Nation
Western France Runs Out Of Gas As “Massive Strikes” Set To Paralyze Entire Nation France is bracing for major transportation disruptions throughout the country starting Thursday, as trade unions launch a strike in response to changes President Emmanuel Macron wants to make to the country’s retirement system, while port blockades have resulted in widespread fuel […]
Russian Gas Mega-Pipeline To China Goes Online As Putin & Xi Hail Closer Ties
Russian Gas Mega-Pipeline To China Goes Online As Putin & Xi Hail Closer Ties Late Monday Chinese President Xi Jinping and Russia’s Vladimir Putin jointly launched the major unprecedented cooperative project that had been years in the making called the ‘Power of Siberia’ gas pipeline. The China-Russia east-route pipeline is now providing China with Russian natural gas, which according to […]
Art Berman: Houston, We Have A Problem
Art Berman: Houston, We Have A Problem The surplus energy that powers the world is declining Every week in our Off The Cuff Series, we interview expert minds on the premium side of PeakProsperity.com. These discussions are unscripted and informal, where my partner Chris Martenson and his guest react to recent macro developments and predict […]
The Fatal Flaw In A Perfect Energy Solution
The Fatal Flaw In A Perfect Energy Solution More than thirty years ago a giant tower was built in Manzanares, Spain, to produce electricity in a way that at the time must have seen even more eccentric than it seems now, by harnessing the power of air movement. The Manzanares tower was, sadly, toppled by […]
Eastern Europe Is Turning Into An Energy Battleground
Eastern Europe Is Turning Into An Energy Battleground Bulgaria has agreed to allow NATO to use its Black Sea port for naval coordination efforts as tensions rise between the Western military alliance and Russia. The agreement was reached following a meeting between U.S. President Donald Trump and Bulgarian Prime Minister Boyko Borisov at the White […]
Governments Need to Face Reality — the Fossil Fuel Industry Is Collapsing
Governments Need to Face Reality — the Fossil Fuel Industry Is Collapsing From Saudi Arabia to Alberta, the numbers are clear. But we still shovel taxpayers’ money at oil and gas companies. While Canadian politicians keep up their parochial posturing, a global storm is brewing. Around the world there is early evidence of a seismic shift. […]
Scientists on where to be in the 21st century based on sustainability
Scientists on where to be in the 21st century based on sustainability Preface. The article below is based on Hall & Day’s book “America’s Most Sustainable Cities and Regions: Surviving the 21st Century Megatrends”. Related articles: Hess, P. 2016. These will be the best places to live in America in 2100 A.D. Popular Science. Lang, G. […]
Global oil discoveries far from breaking even with consumption
Global oil discoveries far from breaking even with consumption Preface. According to Bloomberg (2016), oil discoveries in 2015 were the lowest since 1947, with just 2.7 billion barrels of conventional oil found globally (though Rystad calculated this differently at 5.6, nearly twice as much). Since the world burns 36.5 billion barrels of oil a year […]
How safe are utility-scale energy storage batteries?
How safe are utility-scale energy storage batteries? Preface. Airplanes can be forced to make an emergency landing if even a small external battery pack, like the kind used to charge cell phones, catches on fire (Mogg 2019). If a small battery pack can force an airplane to land, imagine the conflagration of a utility scale […]
BIGGEST BREAKTHROUGH IN ENERGY: Petroteq Losses Nearly 90% Of Its Value Since Last Report
BIGGEST BREAKTHROUGH IN ENERGY: Petroteq Losses Nearly 90% Of Its Value Since Last Report Every day a new sucker is born. That’s precisely why companies like Petroteq exist. Since I exposed Petroteq back in March 2018, the company has lost nearly 90% of its value. However, that hasn’t stopped the company from issuing new stock […]
[Episode #108] – Will Energy Transition Be Rapid or Gradual?
[Episode #108] – Will Energy Transition Be Rapid or Gradual? Champions of energy transition see it happening relatively quickly, emphasizing the advances that are being made in technologies, policy, and projects. While fossil fuel incumbents see a long, gradual process of energy transition, assuring us that demand for their products will remain strong for decades […]
Enviros Tools of Russians? The Weird Conspiracy Theory Firing up Kenney’s Inquiry
Enviros Tools of Russians? The Weird Conspiracy Theory Firing up Kenney’s Inquiry SPECIAL REPORT: Alberta’s ‘anti-energy’ probe makes a debunked US report its must-read. Russian Attempts to Influence U.S. Domestic Energy Markets by Exploiting Social Media was produced by the U.S. House of Representatives Committee on Science, Space and Technology, which at the time was led […]
There is no such thing as a business as usual scenario
There is no such thing as a business as usual scenario The discussions about how much it will cost to mitigate climate change is a smokescreen. What constitutes a cost is not an objective fact, but laden with assumptions and subjective values. How much does it cost to stop climate change, to keep within the […]
