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Oil and Natural Gas Energy at the Crossroads
Oil and Natural Gas Energy at the Crossroads https://youtu.be/Vdn03dCxu3k
China’s Water Crisis Could Trigger Global Catastrophe
China’s Water Crisis Could Trigger Global Catastrophe China’s water crisis is nothing new, but it’s gotten worse – and is now on the ‘brink of catastrophe‘ and could trigger a global catastrophe, according to Foreign Affairs. Dried-up riverbed of Jialing river, a Yangtze tributary, China, August 2022 Thomas Peter / Reuters Given the country’s overriding importance to the […]
European Natural Gas Prices Are 6 Times Higher Than Last Year, And This Is Sparking Widespread Civil Unrest All Over Europe
European Natural Gas Prices Are 6 Times Higher Than Last Year, And This Is Sparking Widespread Civil Unrest All Over Europe This is going to be a bitterly cold winter for a whole lot of people. In particular, things are likely to get really uncomfortable in Europe. Soaring energy prices and concern about potential shortages […]
Ukrainian Nuclear Plant Was Cut From Power Grid For 1st Time In History
Ukrainian Nuclear Plant Was Cut From Power Grid For 1st Time In History Things have gone from bad to worse at the Russian-controlled Zaporizhzhia nuclear power plant, with the looming scenario of much of Ukraine facing a giant blackout. “The last two working reactors at the Russian-held Zaporizhzhia nuclear power plant were disconnected from Ukraine’s electricity […]
Why No Politician Is Willing to Tell Us the Real Energy Story
Why No Politician Is Willing to Tell Us the Real Energy Story No politician wants to tell us the real story of fossil fuel depletion. The real story is that we are already running short of oil, coal and natural gas because the direct and indirect costs of extraction are reaching a point where the […]
Belgian PM Warns “Next 5-10 Winters Will Be Difficult” As Energy Crisis Worsens
Belgian PM Warns “Next 5-10 Winters Will Be Difficult” As Energy Crisis Worsens Belgian Prime Minister Alexander De Croo might have spilled the beans about the duration of Europe’s energy crisis. He told reporters Monday, “the next 5 to 10 winters will be difficult.” “The development of the situation is very difficult throughout Europe,” De Croo told […]
Finland Braces For Rolling Blackouts This Winter
Finland Braces For Rolling Blackouts This Winter Finnish grid operator warns of rolling blackouts this winter. Gazprom stopped in May all gas deliveries to Finland. Norway is considering limiting its electricity exports. Finland should be prepared for possible power outages this winter in case of shortfalls in electricity supply, the Finnish grid operator said on Tuesday, in […]
Our Capitalist Civilization’s Last Shot
Our Capitalist Civilization’s Last Shot …or how proposed solutions only deepen the problem What hole…? Bah, gotta keep on diggin’… Image credit: Dominik Vanyi via Unsplash For those of my readers who follow this blog for a while now it has probably become pretty much clear that this global capitalist high-tech industrial civilization is slowly over. […]
Carbon-Tinted Glasses
Carbon-Tinted Glasses Most of us have heard the phrase rose-tinted glasses, meaning a tendency to view the world from an optimistic, rosy, point of view. As we also know, when we look at things through only one perspective, we can gain an unrealistic view of reality. There is nothing wrong with being optimistic, but if that blinkers us […]
Investors Have Now Spent $5 Billion Pursuing The “Holy Grail Of Energy”
Investors Have Now Spent $5 Billion Pursuing The “Holy Grail Of Energy” When it comes to nuclear fusion, the joke is that it is always just decades away, but that hasn’t stopped investors from spending $5 billion on chasing the holy grail of energy. In 2022, investors spent twice as much money as has ever […]
Winter is Coming for the UK
Winter is Coming for the UK The outlook for the UK looks increasingly grim. There are few reasons to hope a new government can reverse the mounting consumer fears, stagflation and the growing sense of decline. “Tell them the North remembers. Tell them Winter is Coming.” This morning. The outlook for the UK looks increasingly grim. […]
Venezuela Stops Oil Shipments To Europe As Alternatives To Russian Energy Dry Up
Venezuela Stops Oil Shipments To Europe As Alternatives To Russian Energy Dry Up The writing is on the wall for Europe in terms of this coming winter – It’s going to get ugly. With natural gas imports from Russia cut by 80% through Nord Stream 1 along with the majority of oil shipments, the EU is going […]
German Consumers Just Learned How Much Extra They Will Have To Pay For Gas This Winter
German Consumers Just Learned How Much Extra They Will Have To Pay For Gas This Winter With millions of German facing a painful freeze in the coming months, a winter gas surcharge, which will come into effect in October for German households and businesses, was set at 2.4 euro cents per kilowatt hour on Monday, DW […]
Taming The Greedocracy
Taming The Greedocracy American elites want magical technological fixes to climate change because they refuse to confront the truth that seriously addressing the problem would require limits to their own power and luxury. Few of us want to face the climate mess. The numbers are scary and confusing, and the facts have never been reported […]
Dodgy Demand Data? The Oil Price Collapse Conspiracy
Dodgy Demand Data? The Oil Price Collapse Conspiracy WTI oil prices have given up nearly all their gains since Russia invaded Ukraine, falling roughly 9.5% over the course of the week amid fears oil demand is collapsing. Some oil pundits are now claiming that the Biden administration has been fabricating low gasoline demand data in […]
