This is the third post of comments on the “NASA-funded paper” (a term that went viral) on societal collapse by Motessharry, Rivas and Kalnay (MRK). In my first post on the subject, I noted some qualitative features of the model. In the second post I commented on the debate. Here, I am going more […]...
Is the petrodollar monopoly about to be shattered? When U.S. politicians started slapping economic sanctions on Russia, they probably never even imagined that there might be serious consequences for the United States. Image: U.S. Dollar (Wiki Commons). But now the Russian media is reporting that the Russian Ministry of Finance is getting ready to pull […]...
With the additional deployment of a submarine and a missile ship, there are now 86 Chinese vessels accompanying the oil rig’s installation in Vietnam’s Exclusive Economic Zone (EEZ). Local news reports that 3 Chinese military ships are surrounding a Vietnamese marine police vessel this morning and water cannon use continues against Vietnamese ships. Weaddressed the […]...
By ramping the oil price up or bringing it down, it’s easy to plunge counties into deep recession or stimulate economic boom, a tactic used by the US to regain lost ground in the Middle East, geopolitical analyst William Engdahl told RT. RT: US oil production levels have been skyrocketing in recent years and the […]...
I find it interesting that many of the individuals expressing the greatest concerns about oil and natural gas supplies are petroleum geologists. ...
OuiShare Fest 2014 brought together 1,000 sharers from 31 countries under the big tent of the Cabaret Sauvage in Paris. ...
How much energy is too much energy? " /> About Login Edit profile Edit group Logout Building a world of resilient communities. MAIN LIST How much is too much? Stories list > Home > Printer-friendly How much is too much? by Jason Heppenstall , originally published by 22 Billion Energy Slaves TODAY I've been doing rather a lot of manual labour recently—digging out a basement, digging out a pond...
Movements are big, and even if you believe that small is beautiful, in this case, it’s counter-productive. ...
•Turkish Mine Rescue Hampered by Fire That Killed Over 200 People •Coal mine collapse in West Virginia kills two miners •IEA: Coal use is spiking climate mitigation costs •The True Cost of Coal-report ...
In recent years, a new kind of economy based on the age-old practice of sharing is flourishing across North America and Europe, and is now rapidly spreading in popularity throughout the Middle East and other world regions. ...
A small-town fracking ban took place nearly three years ago in upstate New York, but that doesn’t make it any less monumental. ...
This is a brief update on Eagle Ford Crude plus Condensate (C C) output through February 2014. February Eagle Ford C C output was about 1200 kb/d by my estimate. Figure 1- RRC Data provided by Kevin Carter I have used my usual method of estimation where I find the percentage of total Texas(TX) C C output that […]...
Anthropologists such as Ronald Wright in his book, A Short History of Progress, and Jared Diamond in his, Collapse, are not the only ones who are noting the precarious condition of civilizations. Now, a report by a multi-disciplinary team of natural and social scientists from the University of Maryland, led by an applied mathematician Safa […]...
A few observations from day one of the Platts Global Crude Oil Summit in London: ————————————- One of the more interesting statements in the recent earnings call of PBF Energy was that the Tom O’Malley-led company might look to buy a refinery in California. It’s a locale O’Malley has operated in previously through Tosco and […]...
To Mike 10-20-2006: …be careful of email trails. a few days ago a sequence got forwarded to X in one email of which u said he was ‘full of excuses…’ [And, since Mike was no longer sure whom he could trust among […]...
Mexico’s energy reform provides a range of attractive investment possibilities for international oil companies in Latin America’s second-biggest economy, a senior Chevron Corp executive said on Monday. “There’s tremendous opportunity here,” Ali Moshiri, Chevron’s Houston-based head of exploration and production for Latin America and Africa, said at an event in Mexico...
Ukrainian Prime Minister Arseny Yatseniuk urged Russia on Tuesday not to use natural gas as a “weapon” against his country, and accused Moscow of seizing tens of billions of dollars’ worth of its assets and energy resources in Crimea. Russian energy giant Gazprom earlier demanded a $1.66 billion (985 million pounds) pre-payment from Kiev for […]...
Hunter Biden, the son of Vice President Joe Biden, will lead the legal team of Burisma Holdings, the largest natural gas producer in Ukraine. According to The West Wire News, Burisma Holdings is a considerable player within the Ukrainian natural gas and oil industry. It holds licenses covering the Dnieper-Donets, Carpathian and Azov-Kuban basins and […]...
With TransCanada’s Keystone XL pipeline snarled in a regulatory and legal struggle south of the border, Canadian oil companies are proposing many new and expanded pipelines that would connect the oil sands fields with new markets in China and across the world. The planned projects that would snake east and west as well as south, […]...
The focus of this post is not the legal situation but the underlying cause for this conflict: Vietnamese oil production has peaked and Chinese oil production is not growing commensurate with demand. ...