Some analysts have noted in…
Despite renewable energy efforts, the…
In the minds of many of those concerned about an imminent rendezvous with peak oil, the day the world slides past the all-time peak in oil production will be a…
The below infographic takes an unbiased look at the current situation with peak oil, oil consumption and declining fossil fuel reserves.
Saturday, September 17, the WSJ ran an essay by Daniel Yergin called, “There Will Be Oil.” In the essay, Yergin argues that the advocates of “peak oil” theory are…
If they are not actually "commandments" they might as well be. The original set of 10 provided a simple set of rules for members of a small community to live…
In the last five or six years at least 20 major studies have been published by governmental and non-governmental organizations that either deal with or touch upon the possibility of…
On 17 September The Wall Street Journal published a fascinating article on “peak oil,” “There Will Be Oil,” written by Daniel Yergin, chairman of IHS Cambridge Energy Research Associates, an…
The release of the International Energy Agency's Oil Market Report for September is a good time to review the status of our ongoing crisis, for the report updates the IEA's…
Last month Wards Auto published a story pointing out that the world's motor vehicle count was now over 1 billion. As could be expected, registered vehicles in China grew by…
Over the last month, asset classes everywhere have downshifted to new, lower trading ranges, reflecting the very rapid chopping of GDP growth forecasts for 2011 from 4% to 2%. Oil…
While the US Obama administration carries on a de facto offshore oil moratorium, Brazil is rushing to develop its own vast offshore petroleum resources. Brazil is spending over $220 billion…
Muammar Gadhaffi’s 42 year-old regime is in its death rattle – maybe today, maybe tomorrow, his administration that has ruled Libya with a quixotic and brutal hand is about to…
Peak Oil will be one of the defining events of this century. Forecasts by professionals in energy-related fields fall in a large range between 2006 and 2025+, with most forecasts…
People wonder what has been happening recently, with wildly gyrating financial markets and government debt problems. It seems to me that we are bumping up against an economic growth ceiling,…
“The era of cheap oil is over and will never come back… Conventional oil peaked in 2006,” - Fatih Birol, International Energy Agency Chief Economist, 25 May 2011 There…
This author put out an article on dollar supremacy, Jesters, Economics and American Dollar Supremacy, which showed some weak correlations between oil prices and said dollar supremacy. The article…
Canadian oil sands producers are making progress on many fronts, to produce a cleaner and more environmentally friendly product, in ever greater quantities. Brian Wang discusses the N-Solv Process, and…
The amount of oil that is extracted from the ground each year has been close to flat since 2005, regardless of what has happened to price. Since world population has…
The wide-ranging Al Fin hit upon a graph that will stun the peak oil believers. You’ll want to save this. The flip side is it comes from the International Energy…
The last three years of global recession have dealt a major blow to American capitalist ideas trumpeted throughout the world on the value of “free markets.” Wall St has been…
In Part 1 of this post, I pointed out that an economy is closely linked with the resources that underly it. Because of this, if there is really is a…