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An Endless Sea of Energy
An Endless Sea of Energy With crude oil prices in a strong corrective mode, energy depletion is understandably not on people’s minds these days. However, this is a scenario that many of us might have to deal with at some point in our lifetimes. Yes, the world currently has more than abundant supplies of crude […]
The Climate Mash
The Climate Mash Our favorite subjects for this blog are climate change, energy and civilization collapse. We spend equal amounts of time describing the remedies for these evils — permaculture, ecovillage, biochar, and carbon farming, for instance, because we hold out a sliver of hope humanity still might be able to redirect our otherwise dismal […]
Total Smart Grid Control: “Warren Buffett Wants to Tell You When You Can Wash Your Clothes” – See more at: http://www.thedailysheeple.com/total-smart-grid-control-warren-buffett-wants-to-tell-you-when-you-can-wash-your-clothes_012015#sthash.Tv6qmIDI.dpuf
Total Smart Grid Control: “Warren Buffett Wants to Tell You When You Can Wash Your Clothes” Bloomberg News began its recent piece on this with the slightly different line, “Warren Buffett wants to tell you the best time to wash your clothes.” But the article continues on with not just Buffett wanting to give you a […]
What Will 2015 do for Peak Oil?
What Will 2015 do for Peak Oil? The Cornucopians are exuberant, they believe that collapsing of oil prices dealt the death knell for peak oil. An oil glut, they say, is what we have, not peak oil. But an oil glut is exactly what we would expect at the very peak. After all, that is […]
Tomgram: Michael Klare, Perpetuating the Reign of Carbon
Tomgram: Michael Klare, Perpetuating the Reign of Carbon Think of it as the uncertainty principle. By the nature of things, doubt, the unknown, and uncertainty are naturally part of the big picture in science, especially when it comes to creating “models” of the future. As Naomi Oreskes and Erik Conway showed in their blockbuster book, Merchants […]
Mounting Debt For Oil Drillers
Mounting Debt For Oil Drillers In recent years oil exploration companies have taken on more debt in order to finance their operations. The level of debt in the upstream sector – excluding integrated oil companies like ExxonMobil – hit $199 billion at the end of 2014, a 55 percent increase since 2010, according to the Wall […]
Global Economy At Risk From Oil Price Dive
Global Economy At Risk From Oil Price Dive NEW HAVEN: Oil shocks four decades ago transformed the world economy and geopolitical landscape, and the latest oil crisis threatens to do the same. The price of oil hovered near $100 per barrel during the past three years, and the recent vertiginous fall in price to near […]
WEALTH CREATION AND THE NEW ENERGY ECONOMY
WEALTH CREATION AND THE NEW ENERGY ECONOMY Looking at the markets from a 30,000 foot level, some interesting shifts are occurring. And yet they are almost completely under the radar screen. While many in the oil and gas industry make comments that the renewable energy markets are not sufficiently mature for the world to transition, […]
Quebec ice storm: Why it’s impossible to storm-proof the power grid
Quebec ice storm: Why it’s impossible to storm-proof the power grid The ice storm that left an estimated 155,000 Quebecers in the dark this weekend had echoes of the Great Ice Storm of 1998, which left millions of homes in Eastern Canada without electricity for weeks. Hydro-Québec restores power to most homes The power grid […]
Energy Sector Outlook for 2015
Energy Sector Outlook for 2015 It appears that crude oil prices are starting to stabilize. At least they’ve started to decline slower. Most of the “experts” who send me their price forecasts have the low being set in the $45 to $55 range. This week we will see the first major winter storm of the […]
A Stick in the Stocking: Santa’s Supply Shock
A Stick in the Stocking: Santa’s Supply Shock It’s déjà vu all over again: another oil “supply shock.” Seems like we’ve had one every few weeks for the past few months. Santa stuck another one in the Christmas stocking, and by New Year’s Eve crude oil prices fell to Great Recession levels. Frankly, though, an oil […]
Keep Your Eyes On The Prize: Chris Martenson | Peak Prosperity
Keep Your Eyes On The Prize: Chris Martenson | Peak Prosperity. At the essential center of the framework of the Crash Course is the almost insultingly simple idea that endless growth on a finite planet is an impossibility. It is so simple it could be worked out by a clever 4 year-old. And yet it […]
The Biggest Risks To Canada’s Economy In 2015, And Beyond
The Biggest Risks To Canada’s Economy In 2015, And Beyond. We welcome 2015 at a rather tumultuous time for the global economy — from falling oil prices to hacker threats against a movie studio, to a crucial election in Greece. The global economy is at a crossroads that could see it either finally escape the […]
How increased inefficiency explains falling oil prices | Our Finite World
How increased inefficiency explains falling oil prices | Our Finite World. Since about 2001, several sectors of the economy have become increasingly inefficient, in the sense that it takes more resources to produce a given output, such as 1000 barrels of oil. I believe that this growing inefficiency explains both slowing world economic growth and […]
