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Europe’s Energy Crisis Is Reshaping Geopolitics
Europe’s Energy Crisis Is Reshaping Geopolitics Europe’s energy crisis is fueling a major geopolitical reconfiguration. The IEA is warning that we are currently living through a “global energy crisis of unprecedented depth and complexity,” and that “there is no going back to the way things were.” The financial vulnerabilities emanating out of Europe threaten to […]
Zoltan Pozsar: Gold At $3,600 Is Not Improbable If US Refill Reserves With Russian Oil
Zoltan Pozsar: Gold At $3,600 Is Not Improbable If US Refill Reserves With Russian Oil In his latest dispatch, Credit Suisse contributor Zoltan Pozsar shifted focus on his ongoing series about Bretton Woods III where commodities will dictate the new world order. Instead, the author zeroed in on the depleting Strategic Petroleum Reserve (SPR) of the United […]
The Illusion of Debate
The Illusion of Debate Hanging Rock, Madison, Indiana I want to disclose a couple of facts regarding the constant focus in many people’s minds of what is considered healthy debate about “renewable,” “clean,” “green,” and “sustainable” energy, electricity, technology, and/or products and services. Those labels are marketing terms, not reality. In other words, they encourage […]
Finite Feeding Frenzy
Finite Feeding Frenzy Image by ariesjay castillo from Pixabay You may be aware that our food industry is heavily dependent on fossil fuels, to the point that it takes about 10 kcal of energy input to deliver 1 kcal of consumed food. The enormous energy multiplier is due to extensively mechanized plowing, harvesting, processing, and delivery […]
OPEC+ Keeps Oil Production Unchanged, Maintains 2MMb/d Output Cut After Launch Of Russia Price Cap
OPEC+ Keeps Oil Production Unchanged, Maintains 2MMb/d Output Cut After Launch Of Russia Price Cap Two weeks ago, oil tumbled after the WSJ reported a fake news hit piece quoting “delegates” who “said” that Saudi Arabia was preparing for a 500K oil production hike. We quickly countered that this was ridiculous and if anything OPEC+ would seek […]
Addressing Climate Change Will Not “Save the Planet”
Addressing Climate Change Will Not “Save the Planet” The dismal reality is that green energy will save not the complex web of life on Earth but the particular way of life of one domineering species. A boiler tower surrounded by mirrors at the Ivanpah Solar Electric Generating System in the Mojave Desert, Calif., on Aug. […]
Visualizing The World’s Largest Hydroelectric Dams
Visualizing The World’s Largest Hydroelectric Dams Did you know that hydroelectricity is the world’s biggest source of renewable energy? According to recent figures from the International Renewable Energy Agency (IRENA), it represents 40% of total capacity, ahead of solar (28%) and wind (27%). This type of energy is generated by hydroelectric power stations, which are essentially […]
Peak oil, food & the “King of Chemicals” sulfuric acid
Peak oil, food & the “King of Chemicals” sulfuric acid Preface. I first learned of sulfur’s existence when my grandmother told me how she loved going to tent revivals on the edge of town where it was common for preachers to get converts by burning sulfur to make the fire and brimstone damnation of Hell […]
Switzerland, Facing an Unprecedented Power Shortage, Contemplates a Partial Ban on the Use of Electric Vehicles
Switzerland, Facing an Unprecedented Power Shortage, Contemplates a Partial Ban on the Use of Electric Vehicles It turns out that you can have battery-powered cars, or you can have renewable energy, but you can’t have both. The Swiss Confederation usually imports electricity from France and Germany to keep the lights on over the winter, but […]
BP weighs ending its 70-year-old Statistical Review of World Energy
BP weighs ending its 70-year-old Statistical Review of World Energy An illuminated BP logo is seen at a petrol station in Gateshead, Britain, September 23, 2021. REUTERS/Lee Smith/File Photo LONDON, Nov 28 (Reuters) – BP (BP.L) is considering ending the publication of its Statistical Review of World Energy, over 70 years after it first published the benchmark […]
Science Snippets: Peak Fossil Fuels
Science Snippets: Peak Fossil Fuels Latest peer-reviewed journal article appears in the prestigious Elsevier series of journals: McPherson, Guy R., Beril Sirmack, and Ricardo Vinuesa. March 2022. Environmental thresholds for mass-extinction events. Results in Engineering (2022), doi: https://doi.org/10.1016/j.rineng.2022.100342. Full text: When the head of the conservative International Energy Agency admits we are in the midst of the […]
World’s most-crucial fuel diesel heads for shortage touching everything
World’s most-crucial fuel diesel heads for shortage touching everything Within the next few months, almost every region on the planet will face the danger of a diesel shortage Photo: Bloomberg No fuel is more essential to the global economy than diesel. It powers trucks, buses, ships and trains. It drives machinery for construction, manufacturing and farming. It’s burned […]
Peter Zeihan: You’re Being Instructed Not to Notice This!!!
Peter Zeihan: You’re Being Instructed Not to Notice This!!! https://youtu.be/6pLAaWUUM6c
The “Oil Curse” and Splashy PR Announcements of Oil Production Cuts
The “Oil Curse” and Splashy PR Announcements of Oil Production Cuts It’s not just the price of oil that matters: how much disposable income consumers have left to buy more goods and services matters, too. The Oil Curse (a.k.a. The Resource Curse) refers to the compelling ease of those blessed with an abundance of oil/resources to […]
