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The Bulletin: January 23-29, 2025

The Bulletin: January 23-29, 2025 Collapse or Extinction: The Unholy Double Bind of the 21st Century US Will Likely Stop Buying Oil From Venezuela: Trump | The Epoch Times The End of the Regenerative Illusion? Germany’s Outgoing Economy Minister Warns Europe Not to Over-Rely on US Energy | The Epoch Times Modern Civilization is Proving […]

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Has oil peaked?

Has oil peaked? Last month, the world’s 4th largest oil company—BP—predicted that the world will never again consume as much petroleum as it did last year. So, have we finally hit peak oil? And if so, what does that mean for our economy and our world? There was fierce controversy in the first decade of this century […]

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The Massive Increase Of Central Bank Paper Assets Warns Of Financial Danger Ahead

The Massive Increase Of Central Bank Paper Assets Warns Of Financial Danger Ahead By purchasing increasingly worthless paper assets, we can thank the central banks for propping up the global economy for the past decade.  Since the 2008 financial crisis, the top central bank’s have acquired $13 trillion worth of assets on their balance sheets.  […]

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Mexico’s Oil Crisis Deepens

Mexico’s Oil Crisis Deepens Mexico’s state oil company Pemex said it produced an average 1.76 million bpd of crude in October, down 7 percent from October last year, Reuters reports, citing data released by the company. This is also one of the lowest monthly production rates since 1990 when records began. The decline was attributed to […]

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For Whom is Peak Oil Coming? If you own a Diesel Car, it is Coming for you!

For Whom is Peak Oil Coming? If you own a Diesel Car, it is Coming for you! At the beginning, the idea of “peak oil” seemed to be relatively uncomplicated: we would climb from one side and then go down the other side. But no, the story turned out to be devilishly complex. For one […]

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Peak Oil, 20 Years Later: Failed Prediction or Useful Insight?

Peak Oil, 20 Years Later: Failed Prediction or Useful Insight? 20 years ago, Colin Campbell and Jean Laherrere published an article on “Scientific American” that was to start the second cycle of interest on oil depletion (the first had been started by Hubbert in the 1950s). Their prediction turned out to be too pessimistic, at […]

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A Personal Appreciation of M. King Hubbert

A Personal Appreciation of M. King Hubbert A recent vacation afforded me the opportunity to read The Oracle of Oil, Mason Inman’s excellent new biography of Marion King Hubbert. I strongly recommend it. But, rather than writing a standard book review (which might cover much of the same ground as this one by Frank Kaminski), I’m inspired instead […]

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A Bit Of Perspective On Gasoline Prices

A Bit Of Perspective On Gasoline Prices To me, commodity pricing today is so distorted that it is almost startling. The media continues its post Goldman Sachs’ bearish calls to pound away on OPEC supply with little attention paid to rising demand. Admittedly, as we end the summer driving season, such demand will wane, adding […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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