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Why did gas prices go from $10 a gigajoule to $800 a gigajoule? An expert on the energy crisis engulfing Australia
Why did gas prices go from $10 a gigajoule to $800 a gigajoule? An expert on the energy crisis engulfing Australia Australia’s east coast has been plunged into an energy crisis just as winter takes hold, which will see many people struggle to heat their homes due to soaring gas bills. Meanwhile, Origin Energy this […]
Crazy Pills
Crazy Pills “It’s not denial. I’m just selective about the reality I accept.” – Bill Watterson In the brilliantly funny 2001 film Zoolander, Ben Stiller plays a past-his-prime male model named Derek Zoolander. As the plot unfolds, Zoolander is unknowingly groomed and brainwashed by evil fashion designer Jacobim Mugatu (played by Will Ferrell) to assassinate the […]
Six Million Britons Could Face Power Rationing If Russia Cuts Supplies
Six Million Britons Could Face Power Rationing If Russia Cuts Supplies Millions of UK households could face a treacherous winter riddled with power blackouts if Russian natural gas supplies to Europe stop, according to The Times, citing a government report. Officials from Whitehall have drawn up a “reasonable” worst-case scenario, outlining widespread natgas shortages are possible […]
We Have A Scalability Issue
We Have A Scalability Issue When the sea refuses to scale up to accommodate your shipwreck. Image credit Timur M via Unsplash At the dawn of the industrial revolution less than 1 billion humans inhabited this earth. We’ve consumed only a small proportion of the easy to access ores of iron, copper and coal. With the […]
Advancing interconnected solutions to the food, energy and finance crises
Advancing interconnected solutions to the food, energy and finance crises The governing body of the United Nations Food and Agricultural Organization (FAO) met in Rome on April 8, 2022 in an Extraordinary Session to examine the “impact of the Ukraine-Russia conflict on global food security and related matters under its mandate” and advise on how it should proceed. Meanwhile, just two […]
U.S. East Coast Diesel Supply Is Running on Fumes
U.S. East Coast Diesel Supply Is Running on Fumes The horizon south of the Statue of Liberty is interrupted by the silhouettes of several oil-tank farms. New York harbor is the home of Wall Street and financial wizardry, but it’s also the place where old-school oil traders still buy and sell refined petroleum products the […]
The world has a major crude oil problem; expect conflict ahead
The world has a major crude oil problem; expect conflict ahead Media outlets tend to make it sound as if all our economic problems are temporary problems, related to Russia’s invasion of Ukraine. In fact, world crude oil production has been falling behind needed levels since 2019. This problem, by itself, encourages the world economy […]
Despite Soaring Prices the Oil Industry Stands To Lose
Despite Soaring Prices the Oil Industry Stands To Lose The true cost of energy is not measured in dollars Image source The days of Big Oil are numbered. Contrary to modern beliefs it is not going to be killed by the environmental movement, court decisions or conscious investment choices. There is a more hideous process […]
This time really is different
This time really is different The UK may have avoided a technical recession – two successive quarters of negative growth – in the first half of 2022, but a year from now this will be of little comfort. This is because – despite the protestations of the US Bidon administration – the downturn in economic […]
The Insanity of Aotearoa New Zealand Closing it’s One and Only Oil Refinery
The Insanity of Aotearoa New Zealand Closing it’s One and Only Oil Refinery Aotearoa New Zealand is in the process of making the biggest strategic blunder in it’s contemporary history by closing it’s one and only oil refinery, leaving us at the mercy or lack there of, of the fossil fuel industry and the super powers […]
Calculation of the Extra Capacity Required of Non-Fossil Fuel Power Generation Systems to Completely Phase Out Fossil Fuels
Calculation of the Extra Capacity Required of Non-Fossil Fuel Power Generation Systems to Completely Phase Out Fossil Fuels Abstract The task to phase out fossil fuels is now at hand. Most studies and publications to date focus on why fossil fuels should be phased out. This paper presents the physical requirements in terms of required […]
Methane emissions jumped by record amount in 2021, NOAA says
Methane emissions jumped by record amount in 2021, NOAA says Carbon dioxide emissions also rose more than 2 parts per million for the 10th consecutive year Pump jacks operate while others stand idle in the Belridge oil field near McKittrick, Calif., on Nov. 3, 2021. (Mario Tama/Getty Images) Global methane emissions soared by a record […]
Why Renewables Can’t Solve Europe’s Energy Crisis
Why Renewables Can’t Solve Europe’s Energy Crisis Europe has been aggressively pursuing a clean energy future and the end of fossil fuels, but Russia’s invasion of Ukraine has highlighted the shortcomings of renewables. The soaring prices of key metals and the length of time it takes to implement renewable energy projects have meant Europe is […]
EU Pushes To Break “Energy Taboo” With Proposed Ban On Russian Coal Imports
EU Pushes To Break “Energy Taboo” With Proposed Ban On Russian Coal Imports Update (0825ET): As EU ambassadors meet on Tuesday to discuss another proposal on Russian sanctions, German Foreign Minister Annalena Baerbock insisted that the EU would “completely end” its fossil fuel dependence on Russia, starting with coal. Of course, as we noted below, Germany […]
Implications of Refinery closures for Homeland Security & critical infrastructure safety
Implications of Refinery closures for Homeland Security & critical infrastructure safety Preface. The talk of electric vehicles saving the world from greenhouse gases is nonsense, a red herring to distract everyone from what’s really at stake, and from the material requirements to build them with rare earth and other scarce minerals, and the immense amount […]
