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Haftar Blocks All Libyan Oil Exports Day Before Berlin Peace Conference
Haftar Blocks All Libyan Oil Exports Day Before Berlin Peace Conference Given Libyan commander Khalifa Haftar has over the past two years captured the majority of the oil and gas rich country’s energy producing regions, he’s now playing his biggest card yet to leverage international peace talks in his favor amid a final push for […]
Permafrost will limit natural gas, oil, and coal extraction
Permafrost will limit natural gas, oil, and coal extraction Preface. For many people, it’s comforting to know that about 25% of remaining oil and gas reserves (we have the know-how and economics to get it) and resources (beyond our technical and monetary capability) are in the arctic. They assume we’ll get this oil and gas […]
Living On Borrowed Time
Living On Borrowed Time How soon until the consequences of our excesses catch up with us? The laws of physics are governed by cause and effect. But there can exist a time lag between the two. For instance: Note how the speed of both the bullet and the retracting latex far exceed that of the […]
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 […]
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 Top 5 Ways We Use Oil & Gas
The Top 5 Ways We Use Oil & Gas If climate change and the use of fossil fuels is starting to worry you, consider this: The lion’s share of the petroleum in the United States is being used just to get around–to get people and things from point A to point B. Industrial, residential, commercial […]
Saudi Bases and the Bin Ladens: A Love Story
Saudi Bases and the Bin Ladens: A Love Story What is Trump really up to? It’s almost unknowable. At the same time that the president was pulling (some) troops out of Northeast Syria, giving an antiwar speech, and then sending other troops back into Syria to “secure the oil,” he also quietly sent another 1800 service members into Saudi Arabia. What little […]
US Needs To Occupy Syria Because Of Kurds Or Iran Or Chemical Weapons Or Oil Or Whatever
US Needs To Occupy Syria Because Of Kurds Or Iran Or Chemical Weapons Or Oil Or Whatever President Trump reiterated to the press today that the United States is maintaining its military presence in Syria not to patrol the nation’s border with Turkey, but to control its oil fields. “We’ve kept the oil,” Trump said. “We’ve stayed back and […]
First Images Of US Troops Occupying Syria’s Oil Fields Stir Outrage
First Images Of US Troops Occupying Syria’s Oil Fields Stir Outrage The reality of American foreign policy all in one stunning image: regional Iraqi Kurdistan24 television has broadcast the first footage of the United States Army seizing and ‘protecting’ a Syrian oil field in the country’s northeast. Specifically the images are of a US armed convoy at Rumelan […]
Assad Calls Trump “Best US President” Ever For “Transparency” Of Real US Motives
Assad Calls Trump “Best US President” Ever For “Transparency” Of Real US Motives Arguably some of the most significant events since the eight-year long war’s start have played out in Syria with rapid pace over just the last month alone, including Turkey’s military incursion in the north, the US pullback from the border and into […]
The Climate Crisis Is Real: Here’s the Expert Advice on What We Need to Do
The Climate Crisis Is Real: Here’s the Expert Advice on What We Need to Do A global primer on next steps, from keeping oil in the ground to changing our diets to shifting to a green economy. “The world is waking up,” Thunberg told world leaders at the recent UN Climate Action Summit. “And change […]
Trump Wants Deal With Exxon or Other Company to Take Syrian Oil
Trump Wants Deal With Exxon or Other Company to Take Syrian Oil ‘We should be able to take some’ Having sent growing numbers of troops into eastern Syria explicitly to control the oil, President Trump now says he is seeking a deal with Exxon Mobil or “one of our great companies” to go into occupied Syria and […]
It’s Official: Trump Says US Keeping Syria’s Oil, Secured By “Small Number” Of Troops
It’s Official: Trump Says US Keeping Syria’s Oil, Secured By “Small Number” Of Troops “Now we’re getting out… let someone else fight over this long bloodstained sand,” President Trump said during a major, unannounced speech from the White House declaring America’s “big success” in Syria. As we predicted, he confirmed the US is “getting out” but it’s not […]
Energy vs DNA
Energy vs DNA Hmm, energy. Is it a good idea I be drawn back into the subject? We used to do so much on the topic, Nicole Foss and I, in the first years of The Automatic Earth, and before that at the brilliant Oil Drum, where we had all those equally brilliant oil professionals […]
Getting Real About Green Energy: An honest analysis of what it CAN’T promise
Getting Real About Green Energy: An honest analysis of what it CAN’T promise I want to be optimistic about the future. I really do. But there’s virtually no chance of the world transitioning gently to an alternative energy-powered future. These Are The ‘Good Old Days’ I’m often asked where I stand on wind, solar and […]
