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The Bulletin: September 13-19
The Bulletin: September 13-19 Popular Narratives That Do Not Hold Up Under Scrutiny Environmental Impacts of Human Migration Did Putin Just Issue the Most Serious Warning to Date? – Global Research Putin Warns of ‘Direct’ War as US Mulls Letting Ukraine Use Long-Range Western Missiles | Common Dreams It’s Also “Disinformation” When Our Government Does […]
The Bulletin: August 30-September 5, 2024
The Bulletin, August 30-September 5 MM #18: What Can I Do? | Do the Math Japan Declares State of Emergency After ‘Nanobots’ Found in 96 Million Citizens – Global Research Will science and technology save us? – by Gunnar Rundgren “A NATO invasion of nuclear Russia is currently underway, and the world is unaware that […]
The Advanced Economies are headed for a downfall
The Advanced Economies are headed for a downfall It may be pleasant to think that the economies that are “on top” now will stay on top forever, but it is doubtful that this is the way the economy of the world works. Figure 1. Three-year average GDP growth rates for Advanced Economies based on data […]
Occidental’s CEO Sees Oil Supply Crunch from 2025
Occidental’s CEO Sees Oil Supply Crunch from 2025 The ratio of discovered resources versus demand has dropped in recent decades and is now at around 25%. Oxy CEO Hollub: “2025 and beyond is when the world is going to be short of oil.”. Oil industry executives have been warning that new resources, new investments, and […]
Our Oil Predicament Explained: Heavy Oil and the Diesel Fuel it Provides Are Key
Our Oil Predicament Explained: Heavy Oil and the Diesel Fuel it Provides Are Key It has recently become clear to me that heavy oil, which is needed to produce diesel and jet fuel, plays a far more significant role in the world economy than most people understand. We need heavy oil that can be extracted, […]
Oil To Face “Serious” Supply Problem In 2024 As Production Capacity Runs Out, Goldman Warns
Oil To Face “Serious” Supply Problem In 2024 As Production Capacity Runs Out, Goldman Warns Heading into 2023, Goldman was bearish on most asset classes, except commodities where the bank forecast a 43% gain as “supply shortages bite.” Since then the commodity picture has ebbed and flowed, and after commodities experienced a modest bounce following China’s unexpected […]
Food shortages as the energy crisis grows and supply chains break?
Food shortages as the energy crisis grows and supply chains break? Preface. This is a long preface followed by two articles about how supply chains and complex tractors may be affected by energy shortages and consequent supply chain failures in the future.Which we’re already seeing as massive numbers of ships sit offshore waiting to be […]
Saudi Aramco to increase oil production to meet global demand
Saudi Aramco to increase oil production to meet global demand Saudi Arabia’s state oil company said it would increase spending on oil production to meet rising global demand, as it reported a doubling of profits in 2021.© Provided by The Guardian Photograph: Ahmed Jadallah/ReutersSaudi Aramco – the world’s largest oil exporter and one of the world’s most profitable […]
IEA calls for driving restrictions and air travel curbs to reduce oil demand
IEA calls for driving restrictions and air travel curbs to reduce oil demand Energy agency warns 2.5mn barrels a day of Russian oil exports could cease from next month The International Energy Agency has called for member countries to adopt “emergency measures” to cut oil demand in the wake of Russia’s invasion of Ukraine, including […]
World Economy Entering Period of Oil Scarcity, Halliburton CEO Says
An oil worker removes a thread cap from a piece of drill pipe on a drilling lease owned by Elevation Resources near Midland, Texas, on Feb. 12, 2019. (Nick Oxford/Reuters) World Economy Entering Period of Oil Scarcity, Halliburton CEO Says Jeff Miller warns that global oil supply could soon be surpassed by demand for the […]
Running Out of Spare Capacity
Running Out of Spare Capacity Global oil markets could not have looked grimmer than back in the summer of 2020. COVID cases were increasing again and further global economic lockdowns were being threatened. Only two months before, oil prices had crashed into negative territory for the first time in history as global inventories had surged […]
OPEC+ Reportedly Threatening Response To Global Coordinated SPR Release
OPEC+ Reportedly Threatening Response To Global Coordinated SPR Release In an apparent ‘threat’ response to headlines suggesting the Biden administration is attempting to coordinate a global SPR release to push down oil prices (and following reports from Japanese media that the government is preparing to release crude from its strategic stockpiles), the Riyadh-based International Energy Forum said OPEC+ […]
Why U.S. Shale Won’t Go To War With OPEC+
Why U.S. Shale Won’t Go To War With OPEC+ OPEC+ will be very happy with where oil prices currently are and is unlikely to change its course anytime soon The U.S. does have the ability to increase production, but U.S. shale does not have support from either the government or shareholders to boost production significantly […]
Saudis Respond To Biden: Your Energy Crisis Isn’t Our Problem
Saudis Respond To Biden: Your Energy Crisis Isn’t Our Problem US gas prices at the pump (national average) are at $3.421, having soared since President Biden was elected – much like they did when President Obama was elected – to some of the highest prices in history… President Biden refuses to take any blame for […]
World Should Brace for Global Oil Shortage and Skyrocketing Price Due to Worsening Crisis
World Should Brace for Global Oil Shortage and Skyrocketing Price Due to Worsening Crisis According to economists, chronic underinvestment in new oil supply since the 2015 crisis, as well as pressure on oil and gas corporations to reduce emissions and even “keep it in the ground,” would likely lead to global oil output peaking sooner than […]
