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Tag Archives: peak oil
Falling Interest Rates Have Postponed “Peak Oil”
Falling Interest Rates Have Postponed “Peak Oil” Falling interest rates have huge power. My background is as an actuary, so I am very much aware of the great power of interest rates. But a lot of people are not aware of this power, including, I suspect, some of the people making today’s decisions to raise interest […]
James Howard Kunstler: The World’s Greatest Misallocation Of Resources
James Howard Kunstler: The World’s Greatest Misallocation Of Resources And why we appear poised to repeat it James Howard Kunstler returns to the podcast this week, observing that despite the baton being handed to a new American president, the massive predicaments we face as a society remain the same. And it seems the incoming administration […]
Peak Oil & System Justification: “Threatening” Status Quo
Peak Oil & System Justification: “Threatening” Status Quo It’s a lot easier to seek confirmation than information. So not only does the online world provide less information, it provides more spin and distortion of that information from an online empire of advocates that enables us as never before to find the voices we agree with, and […]
Thermodynamic Oil Collapse Interview: Why The Global Economy Will Disintegrate Rapidly
Thermodynamic Oil Collapse Interview: Why The Global Economy Will Disintegrate Rapidly The world is heading towards a rapid disintegration of its economic and financial system due to a “Thermodynamic oil collapse.” I spoke with Dr. Louis Arnoux of nGeni, about the details of the thermodynamics of oil depletion and its impact on the global economy. Unfortunately, […]
Peak Oil & System Justification: Avoidance
Peak Oil & System Justification: Avoidance The researchers found that being intolerant of ambiguity is associated with such conservative characteristics as unwavering certainty and strong loyalty to particular people and positions. Conservatives don’t feel the need to jump through complex, intellectual hoops in order to understand or justify some of their positions. They are more comfortable […]
Peak Oil; Climate Change; & System Justification Pt 10
Peak Oil; Climate Change; & System Justification Pt 10 Shaping our identity in large part by the groups we align ourselves with for emotional, psychological, cultural, and political reasons are powerful anchors—individually and collectively. All of us are much more inclined to seek out information and assurances which bolster who we believe ourselves to be […]
Peak Oil; Climate Change; & System Justification Pt 8
Peak Oil; Climate Change; & System Justification Pt 8 Of course it’s threatening to think that our lifestyles, systems of governing, and capitalist processes themselves may all face drastic changes in the not-too-distant future because of the facts and reality of Peak Oil and climate change! I’m certainly notthe poster-child for Peak Oil advocacy and lifestyles. I […]
China’s oil peak 45 years after the US peak
China’s oil peak 45 years after the US peak Fig 1: Oil crisis in China like in 2005? No. By order: Free roads for G20 in Hangzhou https://www.theguardian.com/world/2016/aug/31/china-hangzhou-propaganda-facelift-g20-summit Strategically published only days before the G20 summit the Wall Street Journal had an article on peak oil in China: China’s Decline in Oil Production Echoes Globally […]
Welcome to the Age of Crappy Oil
Welcome to the Age of Crappy Oil It’s been a while since we’ve heard about peak oil—the point at which we use up half the world’s reserves and see production terminally decline—but it’s happening. And yet, we still have enough oil left to burn our way to climate catastrophe. In a paper released at the end of July, […]
An Updated Version of the “Peak Oil” Story
An Updated Version of the “Peak Oil” Story The Peak Oil story got some things right. Back in 1998, Colin Campbell and Jean Laherrère wrote an article published in Scientific American called, “The End of Cheap Oil.” In it they said: Our analysis of the discovery and production of oil fields around the world suggests that within the […]
M. King Hubbert and the future of peak oil
M. King Hubbert and the future of peak oil Almost synonymous with the term “peak oil” is M. King Hubbert, perhaps the foremost geophysicist of the 20th century, who first theorized about the eventual decline of oil production in the 1930s. His life has now been chronicled by science writer Mason Inman in a new […]
Peak Oil; Climate Change; & System Justification Pt 1
Peak Oil; Climate Change; & System Justification Pt 1 Research has powerfully illustrated that a lack of knowledge in domains such as energy and the environment can lead to bad decisions and erroneous beliefs that hinder a society’s ability to create change in domains that require it KNOWLEDGE & UNDERSTANDING Rather self-evident, isn’t it? Certainly that […]
Peak Oil in Asia and oil import trends (part 2)
Peak Oil in Asia and oil import trends (part 2) We pick up the question from part 1: Fig 11: Homework for governments Let’s have a look where all the net imports into Asia have come from in the past: Fig 12: Asia net imports – overview BP’s data on inter area oil movements start […]
