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Syria peak oil weakened government’s finances ahead of Arab Spring in 2011

Syria peak oil weakened government’s finances ahead of Arab Spring in 2011 While the attention of the world is on the refugee crisis we need to look at the causes of this mass exodus. Fig 1: Refugees walking on Hungarian motorway towards Austria in Sep 2015 In May 2013 the Guardian had an article “Peak […]

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Jeffrey Brown: To Understand The Oil Story, You Need To Understand Exports

Jeffrey Brown: To Understand The Oil Story, You Need To Understand Exports Peak Oil is very much alive Despite the attention-grabbing economic volatility that is grabbing headlines, it’s important to keep our eye on the energy story firmly in focus. This is especially true as the headlines we regularly read about Peak Oil being dead […]

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Peak Oil Ass-Backwards (part 2): Crashing OilPrices Aren’t Due to an Oil Glut But to DemandDestruction and Peaking Credit

Peak Oil Ass-Backwards (part 2): Crashing Oil Prices Aren’t Due to an Oil Glut But to Demand Destruction and Peaking Credit As I began to mention at the end of the first part of this three-parter, I’ve only just recently come to the conclusion that oil prices aren’t going to have a tendency to rise due to […]

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PEAK OBEDIENCE

PEAK OBEDIENCE Warnings about Peak Oil have circulated widely in recent years, and if accurate, they are important. Peak oil, however, pales in comparison to something that’s happening right in front of us… and something that is a good deal more dangerous: Peak Obedience. If that concept strikes you as odd, I can understand why: We’ve […]

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A Transition for Humanity Into the Post-Petroleum Age: 10 Commandments.

A Transition for Humanity Into the Post-Petroleum Age: 10 Commandments. On her blog, “Our Finite World”, Gail Tverberg outlines the likely prognosis for humanity, and our best possible choices, as we run up against the Limits of Growthhttp://ourfiniteworld.com/2014/02/17/reaching-limits-to-growth-what-should-our-response-be/ The case she unveils is, to say the least of it, sobering, but I am reminded of an […]

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Peak Oil Ass-Backwards (part 1): PeakOil, Meet Fractional-Reserve Banking

Peak Oil Ass-Backwards (part 1): PeakOil, Meet Fractional-Reserve Banking (image by Viktor Hertz) If the ongoing crash of oil prices over the past year – and now the stock market crashes of last week – have continuously taught me one thing, that would be that I’ve got very little clue regarding the economic implications ofpeak oil. […]

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US Oil Production Nears Previous Peak

US Oil Production Nears Previous Peak The EIA’s Monthly Energy Review came out a couple of days ago. The data is in thousand barrels per day and the last data point is July 2015. US consumption of total liquids, or as the EIA calls it, petroleum products supplied, reached 20,000,000 barrels per day for the first time […]

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Nicole Foss Talks Energy Industry Issues and Oil Price Collapse

Nicole Foss Talks Energy Industry Issues and Oil Price Collapse Part I- Energy Industry Issues The Doomstead Diner site blurb: Coal Industry Collapse-Carbon Sequestration One of the biggest effects we see lately is a collapse in commodity prices, through all sectors. Most intriguing to me is the collapse in coal prices, since coal is used […]

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Relying on the Government Will Make Climate Change Worse

Relying on the Government Will Make Climate Change Worse Twenty-five years ago, existentialism was a hot piece of intellectual property. A literate public was buying up such books as William Barrett’s Irrational Man: A Study in Existential Philosophy and Viktor Frankl’s From Death Camp to Existentialism (later republished under the title Man’s Search for Meaning). American psychologists were being introduced […]

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True Believers

True Believers There is a special species of idiot at large in the financial media space who believe absolutely in the desperate and tragic public relations bullshit that this society churns out to convince itself that the techno-industrial high life can continue indefinitely, despite the mandates of reality — in particular, the fairy tales about […]

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Europe oil consumption peaked 2005

Europe oil consumption peaked 2005 This is the 3rd article using data from the BP Statistical Review published in June 2015 Fig 1: Western Europe oil consumption, oil prices in $2014 Total oil consumption peaked 3 times at around 14 mb/d: (1)   In 1973, the 1st oil crisis which was triggered by the Yom Kippur war. […]

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Oil Shipments by Rail Declining

Oil Shipments by Rail Declining Weekly oil shipments by rail can be found on the web at Weekly Carload Reports. And a summation of that data with charts can be found at Association of American Railroads  Freight Rail Traffic Data. Crude oil by rail basically started with the shale boom. Prior to that almost all oil […]

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EIA Confirms: Oil Production Peaked

EIA Confirms: Oil Production Peaked U.S. oil production has peaked…at least for now. That is the conclusion from a new government report that concludes that U.S. oil production is on the decline. After questions surrounding the resilience of U.S. shale and when low oil prices would finally cut into production, the EIA says the month […]

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Top 5 Oil Producing Countries Could See Production Peak This Year

Top 5 Oil Producing Countries Could See Production Peak This Year The EIA’s Short-Term Energy Outlook came out a few days ago. That is where they try to guess the future production and price for oil, for the USA as well as the world. As of late they seem to be getting a little timid with their […]

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The EIA’s Short-Term Guessing Game

The EIA’s Short-Term Guessing Game The EIA’s Short-Term Energy Outlook came out a few days ago. That is where they try to guess the future production and price for oil, for the USA as well as the world. As of late they seem to be getting a little timid with their predictions. They are saying not much […]

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