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Crashing Down
OVER $1 TRILLION NEEDED BY 2030 TO PUT WORLD ON TRACK TO 8 hours ago · Over $1 trillion needed by 2030 to put world on track to reach net-zero by 2050. A report earlier this month from the International Energy Agency (IEA) carried out in collaboration with the World Bank and the World Economic Forum has found that the world’s energy and climate futures are increasingly hinged on whether emerging economies manage that transition successfully. CLIMATE CHANGE, PEAK OIL AND RENEWABLE RESOURCES Climate Change, Peak Oil and Renewable Resources. Climate change is the reality we are living in. It is not going away; it has been clearly established as a fact, IOMCO — or immediately obvious to the most casual observer. THE CASE AGAINST SUSTAINABILITY Peak Oil News and Message Boards is a community and collaboration portal about energy-related topics. EXPECT TO PAY MORE FOR GASOLINE, ELECTRICITY, NATURAL GAS It’s not just cars, houses and lumber that are getting more expensive this summer. Be ready to shell out more money for energy this summer, too, the Michigan Public Service Commission said in its May 26 report. Gasoline, electricity and natural gas are all expected to keep getting pricier PEAK OIL NEWS AND MESSAGE BOARDS @JustinMikulka 2/ #PeakOil is here today. This is the Existential "elephant in the room" Crisis that no one is talking about. e.g. There are no renewable replacements for jet fuel or diesel at scale. The way we have been living for the past hundred years is about to comeCrashing Down
OVER $1 TRILLION NEEDED BY 2030 TO PUT WORLD ON TRACK TO 8 hours ago · Over $1 trillion needed by 2030 to put world on track to reach net-zero by 2050. A report earlier this month from the International Energy Agency (IEA) carried out in collaboration with the World Bank and the World Economic Forum has found that the world’s energy and climate futures are increasingly hinged on whether emerging economies manage that transition successfully. CLIMATE CHANGE, PEAK OIL AND RENEWABLE RESOURCES Climate Change, Peak Oil and Renewable Resources. Climate change is the reality we are living in. It is not going away; it has been clearly established as a fact, IOMCO — or immediately obvious to the most casual observer. THE CASE AGAINST SUSTAINABILITY Peak Oil News and Message Boards is a community and collaboration portal about energy-related topics. EXPECT TO PAY MORE FOR GASOLINE, ELECTRICITY, NATURAL GAS It’s not just cars, houses and lumber that are getting more expensive this summer. Be ready to shell out more money for energy this summer, too, the Michigan Public Service Commission said in its May 26 report. Gasoline, electricity and natural gas are all expected to keep getting pricier OVER $1 TRILLION NEEDED BY 2030 TO PUT WORLD ON TRACK TO 8 hours ago · Over $1 trillion needed by 2030 to put world on track to reach net-zero by 2050. A report earlier this month from the International Energy Agency (IEA) carried out in collaboration with the World Bank and the World Economic Forum has found that the world’s energy and climate futures are increasingly hinged on whether emerging economies manage that transition successfully. IEA TELLS OPEC TO “OPEN THE TAPS” 8 hours ago · Oil prices showed modest gains on Friday, after a selloff on Thursday. Oil prices drop after U.S. lifting sanctions on Iranian officials. The U.S. Department of the Treasury said on Thursday it is removing several Iranian officials from its list of designated persons, including three directors of THE LIE THAT A KINDER, GENTLER US EMPIRE IS POSSIBLE 8 hours ago · Minnesota Representative Ilhan Omar has once again been the center of an artificial controversy launched in bad faith, this time over a tweet where she mentioned the United States and Israel in the same breath as Hamas and the Taliban as perpetrators of “unthinkable atrocities”. “We must have the same level of accountability and justice for all victims of crimes against humanity. U.N. DECLARES DECADE OF ECOSYSTEM RESTORATION TO ‘MAKE 8 hours ago · The U.N. has declared the coming decade a time for ecosystem restoration, highlighting in a new report the importance of preventing, halting and reversing ecosystem degradation worldwide. It calls on the world to restore at least 1 billion hectares (2.5 billion acres) of degraded land in the next THE KEYSTONE XL OIL PIPELINE IS DEAD 5 hours ago · The Keystone XL Oil Pipeline Is Dead. The Canadian company behind the controversial Keystone XL oil pipeline called it quits on the project Wednesday, ending a decadelong standoff over the $8 billion pipeline that promised to transport 830,000 barrels of DID CHINA JUST SOUND THE DEATH KNELL FOR VENEZUELA’S OIL Did China Just Sound The Death Knell For Venezuela’s Oil Industry? China has announced that it will impose taxes on heavy sour crude, a move that could hit Venezuela hard as it continues to struggle with U.S. sanctions and a dilapidated oil industry. THE EFFECTS OF FOSSIL FUEL DEPLETION Tiny Oil Kingdom Brunei Moves To Diversify From Oil To date, Brunei is the fourth-largest producer of crude oil in Asia, pumping 126,000 barrels daily in 2014, with around 90 percent of budget revenues coming from the energy industry. A MARKET CRASH AND HIGH INFLATION? Peak Oil News and Message Boards is a community and collaboration portal about energy-related topics. THE SOCIAL DECAY THAT IS EATING AWAY AT AMERICA LIKE A You probably don’t need me to tell you that society is coming apart at the seams all around us. If you live in a major city, you can just walk outside and watch it happen right in front of you. Prior to 2020, social decay was steadily eating away at our society, but once thepandemic hit many
THE TRANS-ALASKA PIPELINE WILL DRY UP WITHOUT NEW OIL The Trans-Alaska Pipeline Will Dry Up Without New Oil. Anchorage, Alaska. For nearly four decades, the Trans-Alaska Pipeline System has served as Alaska’s economic artery while providing the rest of the U.S. with a reliable supply of domestic oil from Alaska’s NorthSlope.
PEAK OIL NEWS AND MESSAGE BOARDS Author Allysia Finley notes that the average cost at the pump in California is now $4.18 a gallon, pointing out that in 2017, Democrats in the state's legislature raised a tax on each gallon by 20.8 cents over three years. California drivers are now paying an astonishing average of 63 cents a gallon in state and local taxes, compared anaverage
PEAK OIL NEWS AND MESSAGE BOARDS The pandemic has proved peak oil demand wrong. While the world is not yet back to pre-pandemic travel levels and there is still ongoing disruption to ground transportation and air traffic, the world now consumes more than 95 million barrels of oil per day (bpd) and is forecast to reach an average of 97.7 million bpd during 2021,according to
CLIMATE CHANGE, PEAK OIL AND RENEWABLE RESOURCES Climate Change, Peak Oil and Renewable Resources. Climate change is the reality we are living in. It is not going away; it has been clearly established as a fact, IOMCO — or immediately obvious to the most casual observer. The weather is simply becoming more extreme. More tornados, more flooding, more drought, stronger hurricanes andother
IEA CRIES WOLF AGAIN: THE POINT OF NO RETURN EXPECT TO PAY MORE FOR GASOLINE, ELECTRICITY, NATURAL GAS It’s not just cars, houses and lumber that are getting more expensive this summer. Be ready to shell out more money for energy this summer, too, the Michigan Public Service Commission said in its May 26 report. Gasoline, electricity and natural gas are all expected to keep getting pricier THE SOCIAL DECAY THAT IS EATING AWAY AT AMERICA LIKE A You probably don’t need me to tell you that society is coming apart at the seams all around us. If you live in a major city, you can just walk outside and watch it happen right in front of you. Prior to 2020, social decay was steadily eating away at our society, but once thepandemic hit many
THE EFFECTS OF FOSSIL FUEL DEPLETION Yes, fossil fuel depletion is possible. In fact, with the increment demand of fossil fuels all over the world, the supply of it in the market will continue to deplete. Thus, among the effects of it are as follows: Oil price Hike. The price of oil and electricity will continue to rise to the point that a lot of people who are earningonly a
DID CHINA JUST SOUND THE DEATH KNELL FOR VENEZUELA’S OIL Did China Just Sound The Death Knell For Venezuela’s Oil Industry? China has announced that it will impose taxes on heavy sour crude, a move that could hit Venezuela hard as it continues to struggle with U.S. sanctions and a dilapidated oil industry. THE WORLD’S DEEPEST OIL WELL IS OVER 40,000 FEET DEEP The world’s deepest oil well is over 40,000 feet deep. In the world’s deepest gold mine, workers will venture 2.5 miles (4 km) below the Earth’s surface to extract from a 30-inch (0.8m) wide vein of gold-rich ore.. While these depths are impressive, mining is limited by the frailty of the human body. A MARKET CRASH AND HIGH INFLATION? Like many of our recent past guest experts like Grant Williams, Jim Rogers, Steen Jakobsen and Jim Bianco, Jesse foresees high inflation as the biggest existential threat to markets and the economy going forward. That by itself would puncture the euphoria supporting today’s asset prices. PEAK OIL NEWS AND MESSAGE BOARDS Author Allysia Finley notes that the average cost at the pump in California is now $4.18 a gallon, pointing out that in 2017, Democrats in the state's legislature raised a tax on each gallon by 20.8 cents over three years. California drivers are now paying an astonishing average of 63 cents a gallon in state and local taxes, compared anaverage
PEAK OIL NEWS AND MESSAGE BOARDS The pandemic has proved peak oil demand wrong. While the world is not yet back to pre-pandemic travel levels and there is still ongoing disruption to ground transportation and air traffic, the world now consumes more than 95 million barrels of oil per day (bpd) and is forecast to reach an average of 97.7 million bpd during 2021,according to
CLIMATE CHANGE, PEAK OIL AND RENEWABLE RESOURCES Climate Change, Peak Oil and Renewable Resources. Climate change is the reality we are living in. It is not going away; it has been clearly established as a fact, IOMCO — or immediately obvious to the most casual observer. The weather is simply becoming more extreme. More tornados, more flooding, more drought, stronger hurricanes andother
IEA CRIES WOLF AGAIN: THE POINT OF NO RETURN EXPECT TO PAY MORE FOR GASOLINE, ELECTRICITY, NATURAL GAS It’s not just cars, houses and lumber that are getting more expensive this summer. Be ready to shell out more money for energy this summer, too, the Michigan Public Service Commission said in its May 26 report. Gasoline, electricity and natural gas are all expected to keep getting pricier THE SOCIAL DECAY THAT IS EATING AWAY AT AMERICA LIKE A You probably don’t need me to tell you that society is coming apart at the seams all around us. If you live in a major city, you can just walk outside and watch it happen right in front of you. Prior to 2020, social decay was steadily eating away at our society, but once thepandemic hit many
THE EFFECTS OF FOSSIL FUEL DEPLETION Yes, fossil fuel depletion is possible. In fact, with the increment demand of fossil fuels all over the world, the supply of it in the market will continue to deplete. Thus, among the effects of it are as follows: Oil price Hike. The price of oil and electricity will continue to rise to the point that a lot of people who are earningonly a
DID CHINA JUST SOUND THE DEATH KNELL FOR VENEZUELA’S OIL Did China Just Sound The Death Knell For Venezuela’s Oil Industry? China has announced that it will impose taxes on heavy sour crude, a move that could hit Venezuela hard as it continues to struggle with U.S. sanctions and a dilapidated oil industry. THE WORLD’S DEEPEST OIL WELL IS OVER 40,000 FEET DEEP The world’s deepest oil well is over 40,000 feet deep. In the world’s deepest gold mine, workers will venture 2.5 miles (4 km) below the Earth’s surface to extract from a 30-inch (0.8m) wide vein of gold-rich ore.. While these depths are impressive, mining is limited by the frailty of the human body. A MARKET CRASH AND HIGH INFLATION? Like many of our recent past guest experts like Grant Williams, Jim Rogers, Steen Jakobsen and Jim Bianco, Jesse foresees high inflation as the biggest existential threat to markets and the economy going forward. That by itself would puncture the euphoria supporting today’s asset prices. PEAK OIL DEMAND MAY BE TEN YEARS AWAY Peak Oil Demand May Be Ten Years Away. The world is past peak coal consumption and may reach peak oil consumption within the next ten years, Alexei Kudrin, the head of the Russian Accounts Chamber, told media this week. The official noted Russia will need to learn to rely less on oil export revenues over these next ten years. Otherwise, Kudrin added, this will become a serious CLIMATE CHANGE, PEAK OIL AND RENEWABLE RESOURCES Climate Change, Peak Oil and Renewable Resources. Climate change is the reality we are living in. It is not going away; it has been clearly established as a fact, IOMCO — or immediately obvious to the most casual observer. The weather is simply becoming more extreme. More tornados, more flooding, more drought, stronger hurricanes andother
IS THE NEXT ‘PEAK OIL’ GOING TO BE ITS FINAL ONE TOO That is, the accumulation of supplied oil and the lack of storage capacity resulted in the lowest oil prices seen in decades. Subsequently, the impact extended beyond oil prices to futures too, dropping prices to sub-zero levels in April 2020 for the first timeever.
THE WORLD’S DEEPEST OIL WELL IS OVER 40,000 FEET DEEP The world’s deepest oil well is over 40,000 feet deep. In the world’s deepest gold mine, workers will venture 2.5 miles (4 km) below the Earth’s surface to extract from a 30-inch (0.8m) wide vein of gold-rich ore.. While these depths are impressive, mining is limited by the frailty of the human body. SHELL MAKES DEEPWATER DISCOVERY Shell Makes Deepwater Discovery. Shell Offshore Inc, a subsidiary of Royal Dutch Shell plc (NYSE: RDS.A), has announced a “significant” discovery at the Leopard prospect in the deepwater U.S. Gulf of Mexico (GOM). The Leopard well encountered more than 600 feet of net oil pay at multiple levels, according to Shell, which said evaluation is THE PANDEMIC COULD LEAD TO A MAJOR OIL SUPPLY CRUNCH It may be counterintuitive to say that the oil demand crash and the resulting glut in 2020 could lead to an oil supply crunch in just a few years. Yet, a growing number of experts and international agencies warn that the world could be headed for an oil shortage when oil demand finally recovers from the COVID-inflicted crisis in late 2022or 2023.
DENNIS MEADOWS: THE LIMITS TO GROWTH Live. •. Fifty years ago, an international team of researchers was commissioned by the Club of Rome to build a computer simulation of exponential economic and population growth on a finite planet. In 1971, its findings were first released in Moscow and Rio de Janeiro, and later published in 1972 under the title The Limits To Growth. US CRUDE OIL, FUEL CONSUMPTION SURGES AHEAD OF SUMMER US crude oil and fuel stockpiles fell sharply last week on accelerated demand from refiners ahead of the start of the peak summer driving in an economy rebounding rapidly from COVID-19 suppression, data from the Energy Information Administration (EIA) showed Wednesday. WASHINGTON (UrduPoint News / Sputnik – 26th May, 2021) US crude oil and fuel stockpiles fell sharply last week on “GREAT RESET” WILL FORCE BUSINESSES TO COMPLY It’s true and it’s happening now. The Blaze’s Glenn Beck recently discussed how “ the great reset ” is currently taking place in Europe. The following were the points he raised. What it is. Per Beck, the Great Reset is a political theme for a strategy to resetthe
WAS RUPPERT RIGHT?
Was Ruppert Right? We are just over a hundred days into the Biden Administration and already there is a series of “crisis” taking place. Immigration, war in the middle east, a gas shortage, domestic terrorism, cyber-attacks, and a pandemic that was supposed to end after a two-week lockdown that extended to a year and a half in partsof the country.
PEAK OIL NEWS AND MESSAGE BOARDS Author Allysia Finley notes that the average cost at the pump in California is now $4.18 a gallon, pointing out that in 2017, Democrats in the state's legislature raised a tax on each gallon by 20.8 cents over three years. California drivers are now paying an astonishing average of 63 cents a gallon in state and local taxes, compared anaverage
PEAK OIL NEWS AND MESSAGE BOARDS The pandemic has proved peak oil demand wrong. While the world is not yet back to pre-pandemic travel levels and there is still ongoing disruption to ground transportation and air traffic, the world now consumes more than 95 million barrels of oil per day (bpd) and is forecast to reach an average of 97.7 million bpd during 2021,according to
CLIMATE CHANGE, PEAK OIL AND RENEWABLE RESOURCES Climate Change, Peak Oil and Renewable Resources. Climate change is the reality we are living in. It is not going away; it has been clearly established as a fact, IOMCO — or immediately obvious to the most casual observer. The weather is simply becoming more extreme. More tornados, more flooding, more drought, stronger hurricanes andother
IEA CRIES WOLF AGAIN: THE POINT OF NO RETURN EXPECT TO PAY MORE FOR GASOLINE, ELECTRICITY, NATURAL GAS It’s not just cars, houses and lumber that are getting more expensive this summer. Be ready to shell out more money for energy this summer, too, the Michigan Public Service Commission said in its May 26 report. Gasoline, electricity and natural gas are all expected to keep getting pricier THE SOCIAL DECAY THAT IS EATING AWAY AT AMERICA LIKE A You probably don’t need me to tell you that society is coming apart at the seams all around us. If you live in a major city, you can just walk outside and watch it happen right in front of you. Prior to 2020, social decay was steadily eating away at our society, but once thepandemic hit many
THE EFFECTS OF FOSSIL FUEL DEPLETION Yes, fossil fuel depletion is possible. In fact, with the increment demand of fossil fuels all over the world, the supply of it in the market will continue to deplete. Thus, among the effects of it are as follows: Oil price Hike. The price of oil and electricity will continue to rise to the point that a lot of people who are earningonly a
DID CHINA JUST SOUND THE DEATH KNELL FOR VENEZUELA’S OIL Did China Just Sound The Death Knell For Venezuela’s Oil Industry? China has announced that it will impose taxes on heavy sour crude, a move that could hit Venezuela hard as it continues to struggle with U.S. sanctions and a dilapidated oil industry. THE WORLD’S DEEPEST OIL WELL IS OVER 40,000 FEET DEEP The world’s deepest oil well is over 40,000 feet deep. In the world’s deepest gold mine, workers will venture 2.5 miles (4 km) below the Earth’s surface to extract from a 30-inch (0.8m) wide vein of gold-rich ore.. While these depths are impressive, mining is limited by the frailty of the human body. A MARKET CRASH AND HIGH INFLATION? Like many of our recent past guest experts like Grant Williams, Jim Rogers, Steen Jakobsen and Jim Bianco, Jesse foresees high inflation as the biggest existential threat to markets and the economy going forward. That by itself would puncture the euphoria supporting today’s asset prices. PEAK OIL NEWS AND MESSAGE BOARDS Author Allysia Finley notes that the average cost at the pump in California is now $4.18 a gallon, pointing out that in 2017, Democrats in the state's legislature raised a tax on each gallon by 20.8 cents over three years. California drivers are now paying an astonishing average of 63 cents a gallon in state and local taxes, compared anaverage
PEAK OIL NEWS AND MESSAGE BOARDS The pandemic has proved peak oil demand wrong. While the world is not yet back to pre-pandemic travel levels and there is still ongoing disruption to ground transportation and air traffic, the world now consumes more than 95 million barrels of oil per day (bpd) and is forecast to reach an average of 97.7 million bpd during 2021,according to
CLIMATE CHANGE, PEAK OIL AND RENEWABLE RESOURCES Climate Change, Peak Oil and Renewable Resources. Climate change is the reality we are living in. It is not going away; it has been clearly established as a fact, IOMCO — or immediately obvious to the most casual observer. The weather is simply becoming more extreme. More tornados, more flooding, more drought, stronger hurricanes andother
IEA CRIES WOLF AGAIN: THE POINT OF NO RETURN EXPECT TO PAY MORE FOR GASOLINE, ELECTRICITY, NATURAL GAS It’s not just cars, houses and lumber that are getting more expensive this summer. Be ready to shell out more money for energy this summer, too, the Michigan Public Service Commission said in its May 26 report. Gasoline, electricity and natural gas are all expected to keep getting pricier THE SOCIAL DECAY THAT IS EATING AWAY AT AMERICA LIKE A You probably don’t need me to tell you that society is coming apart at the seams all around us. If you live in a major city, you can just walk outside and watch it happen right in front of you. Prior to 2020, social decay was steadily eating away at our society, but once thepandemic hit many
THE EFFECTS OF FOSSIL FUEL DEPLETION Yes, fossil fuel depletion is possible. In fact, with the increment demand of fossil fuels all over the world, the supply of it in the market will continue to deplete. Thus, among the effects of it are as follows: Oil price Hike. The price of oil and electricity will continue to rise to the point that a lot of people who are earningonly a
DID CHINA JUST SOUND THE DEATH KNELL FOR VENEZUELA’S OIL Did China Just Sound The Death Knell For Venezuela’s Oil Industry? China has announced that it will impose taxes on heavy sour crude, a move that could hit Venezuela hard as it continues to struggle with U.S. sanctions and a dilapidated oil industry. THE WORLD’S DEEPEST OIL WELL IS OVER 40,000 FEET DEEP The world’s deepest oil well is over 40,000 feet deep. In the world’s deepest gold mine, workers will venture 2.5 miles (4 km) below the Earth’s surface to extract from a 30-inch (0.8m) wide vein of gold-rich ore.. While these depths are impressive, mining is limited by the frailty of the human body. A MARKET CRASH AND HIGH INFLATION? Like many of our recent past guest experts like Grant Williams, Jim Rogers, Steen Jakobsen and Jim Bianco, Jesse foresees high inflation as the biggest existential threat to markets and the economy going forward. That by itself would puncture the euphoria supporting today’s asset prices. WYOMING TO LEAD THE COAL-TO-NUCLEAR TRANSITION Wyoming To Lead The Coal-To-Nuclear Transition. Coal and natural gas together produce two-thirds of our electricity, almost equally split between them. Nuclear produces 20%, hydro produces 7%, and renewables about 7%. Oil produces even more energy than either coal or gas, but it is used almost entirely for transportation except during Polar Vortexes when coal, gas and wind fail to produce CLIMATE CHANGE, PEAK OIL AND RENEWABLE RESOURCES Climate Change, Peak Oil and Renewable Resources. Climate change is the reality we are living in. It is not going away; it has been clearly established as a fact, IOMCO — or immediately obvious to the most casual observer. The weather is simply becoming more extreme. More tornados, more flooding, more drought, stronger hurricanes andother
US CRUDE OIL, FUEL CONSUMPTION SURGES AHEAD OF SUMMER US crude oil and fuel stockpiles fell sharply last week on accelerated demand from refiners ahead of the start of the peak summer driving in an economy rebounding rapidly from COVID-19 suppression, data from the Energy Information Administration (EIA) showed Wednesday. WASHINGTON (UrduPoint News / Sputnik – 26th May, 2021) US crude oil and fuel stockpiles fell sharply last week on PEAK OIL DEMAND MAY BE TEN YEARS AWAY Peak Oil Demand May Be Ten Years Away. The world is past peak coal consumption and may reach peak oil consumption within the next ten years, Alexei Kudrin, the head of the Russian Accounts Chamber, told media this week. The official noted Russia will need to learn to rely less on oil export revenues over these next ten years. Otherwise, Kudrin added, this will become a serious IS THE NEXT ‘PEAK OIL’ GOING TO BE ITS FINAL ONE TOO That is, the accumulation of supplied oil and the lack of storage capacity resulted in the lowest oil prices seen in decades. Subsequently, the impact extended beyond oil prices to futures too, dropping prices to sub-zero levels in April 2020 for the first timeever.
THE WORLD’S DEEPEST OIL WELL IS OVER 40,000 FEET DEEP The world’s deepest oil well is over 40,000 feet deep. In the world’s deepest gold mine, workers will venture 2.5 miles (4 km) below the Earth’s surface to extract from a 30-inch (0.8m) wide vein of gold-rich ore.. While these depths are impressive, mining is limited by the frailty of the human body. THE PANDEMIC COULD LEAD TO A MAJOR OIL SUPPLY CRUNCH It may be counterintuitive to say that the oil demand crash and the resulting glut in 2020 could lead to an oil supply crunch in just a few years. Yet, a growing number of experts and international agencies warn that the world could be headed for an oil shortage when oil demand finally recovers from the COVID-inflicted crisis in late 2022or 2023.
HERE IS THE FULL EXPLANATION BEHIND TODAY’S UNPRECEDENTED ASIAN MARKETS FOR ILLEGAL WILDLIFE REMAINS STRONG DESPITE COVID-19. One of the silver linings The International Crane Foundation sees during these challenging days is the global attention now focused on wildlife markets and illegal trade as a threat to human health.WAS RUPPERT RIGHT?
Was Ruppert Right? We are just over a hundred days into the Biden Administration and already there is a series of “crisis” taking place. Immigration, war in the middle east, a gas shortage, domestic terrorism, cyber-attacks, and a pandemic that was supposed to end after a two-week lockdown that extended to a year and a half in partsof the country.
HOW MUCH DOES IT COST TO PRODUCE 1 BARREL OF OIL? Let’s say the price for 1 barrel of oil is around $60 and the price for 1000 scf of gas is about $3. This means, revenue from 1 boe of oil is higher than revenue for 1 boe of gas ($60 versus $18). As there are also fields that only produce gas, this article tends to underestimate the costs of oil production. Commonly, costs are divided in PEAK OIL NEWS AND MESSAGE BOARDS Author Allysia Finley notes that the average cost at the pump in California is now $4.18 a gallon, pointing out that in 2017, Democrats in the state's legislature raised a tax on each gallon by 20.8 cents over three years. California drivers are now paying an astonishing average of 63 cents a gallon in state and local taxes, compared anaverage
CLIMATE CHANGE, PEAK OIL AND RENEWABLE RESOURCES Climate Change, Peak Oil and Renewable Resources. Climate change is the reality we are living in. It is not going away; it has been clearly established as a fact, IOMCO — or immediately obvious to the most casual observer. The weather is simply becoming more extreme. More tornados, more flooding, more drought, stronger hurricanes andother
EXPECT TO PAY MORE FOR GASOLINE, ELECTRICITY, NATURAL GAS It’s not just cars, houses and lumber that are getting more expensive this summer. Be ready to shell out more money for energy this summer, too, the Michigan Public Service Commission said in its May 26 report. Gasoline, electricity and natural gas are all expected to keep getting pricier IEA CRIES WOLF AGAIN: THE POINT OF NO RETURN THE TRANS-ALASKA PIPELINE WILL DRY UP WITHOUT NEW OIL The Trans-Alaska Pipeline Will Dry Up Without New Oil. Anchorage, Alaska. For nearly four decades, the Trans-Alaska Pipeline System has served as Alaska’s economic artery while providing the rest of the U.S. with a reliable supply of domestic oil from Alaska’s NorthSlope.
THE CASE AGAINST SUSTAINABILITY Truly sustainable practices (which does NOT mean “forever” by the way – nothing is forever) are laudable and need to be implemented on every feasible scale, NOW! Thus the writer’s conclusion that it is only concerned with the future is erroneous. ghung on SHARP DECLINES IN WELL PRODUCTION TYPICAL IN OHIO’S UTICA Even with the sharp decline curves, Ohio is not experiencing drops in total oil or natural gas production because additional wells are going online each quarter. To date, Ohio has approved 1,735 Utica wells, of which 1,277 have been drilled. A total of 707 Utica wells are producing, according to ODNR figures. The most recent report, fromthird
AFRICA HAS SHITLOADS OF RESOURCES Africa is a technology hotbed. High-profile technology ventures are becoming entrenched in major African cities. 4 years ago IBM started rolling out its AI framework called Watson in Africa, starting in Nairobi under the name “Project Lucy,” saying it would help to address continental development obstacles as diverse as medical diagnoses, economic data collection, and e-commerce research. HERE’S HOW MUCH IT COSTS BOTH SAUDI ARABIA AND THE US TO When crude oil prices crashed into the $20 range early last year, it had most oil-producing nations quaking in their boots. That’s because few countries can ANOTHER GREEN ENERGY TECHNOLOGY SUPPRESSED BY GOVERNMENT Oct 25, 2010 – Los Angeles – Today at a 4 hour debriefing with a researcher from Sandia Laboratories (A U.S. government research facility), Green Energy Reports learned that NASA and the DoD owns, tested, and used, a new “plasma powered battery” that provides reliable and constant output for 5-7 years without a recharge orinterruption
PEAK OIL NEWS AND MESSAGE BOARDS Author Allysia Finley notes that the average cost at the pump in California is now $4.18 a gallon, pointing out that in 2017, Democrats in the state's legislature raised a tax on each gallon by 20.8 cents over three years. California drivers are now paying an astonishing average of 63 cents a gallon in state and local taxes, compared anaverage
CLIMATE CHANGE, PEAK OIL AND RENEWABLE RESOURCES Climate Change, Peak Oil and Renewable Resources. Climate change is the reality we are living in. It is not going away; it has been clearly established as a fact, IOMCO — or immediately obvious to the most casual observer. The weather is simply becoming more extreme. More tornados, more flooding, more drought, stronger hurricanes andother
EXPECT TO PAY MORE FOR GASOLINE, ELECTRICITY, NATURAL GAS It’s not just cars, houses and lumber that are getting more expensive this summer. Be ready to shell out more money for energy this summer, too, the Michigan Public Service Commission said in its May 26 report. Gasoline, electricity and natural gas are all expected to keep getting pricier IEA CRIES WOLF AGAIN: THE POINT OF NO RETURN THE TRANS-ALASKA PIPELINE WILL DRY UP WITHOUT NEW OIL The Trans-Alaska Pipeline Will Dry Up Without New Oil. Anchorage, Alaska. For nearly four decades, the Trans-Alaska Pipeline System has served as Alaska’s economic artery while providing the rest of the U.S. with a reliable supply of domestic oil from Alaska’s NorthSlope.
THE CASE AGAINST SUSTAINABILITY Truly sustainable practices (which does NOT mean “forever” by the way – nothing is forever) are laudable and need to be implemented on every feasible scale, NOW! Thus the writer’s conclusion that it is only concerned with the future is erroneous. ghung on SHARP DECLINES IN WELL PRODUCTION TYPICAL IN OHIO’S UTICA Even with the sharp decline curves, Ohio is not experiencing drops in total oil or natural gas production because additional wells are going online each quarter. To date, Ohio has approved 1,735 Utica wells, of which 1,277 have been drilled. A total of 707 Utica wells are producing, according to ODNR figures. The most recent report, fromthird
AFRICA HAS SHITLOADS OF RESOURCES Africa is a technology hotbed. High-profile technology ventures are becoming entrenched in major African cities. 4 years ago IBM started rolling out its AI framework called Watson in Africa, starting in Nairobi under the name “Project Lucy,” saying it would help to address continental development obstacles as diverse as medical diagnoses, economic data collection, and e-commerce research. HERE’S HOW MUCH IT COSTS BOTH SAUDI ARABIA AND THE US TO When crude oil prices crashed into the $20 range early last year, it had most oil-producing nations quaking in their boots. That’s because few countries can ANOTHER GREEN ENERGY TECHNOLOGY SUPPRESSED BY GOVERNMENT Oct 25, 2010 – Los Angeles – Today at a 4 hour debriefing with a researcher from Sandia Laboratories (A U.S. government research facility), Green Energy Reports learned that NASA and the DoD owns, tested, and used, a new “plasma powered battery” that provides reliable and constant output for 5-7 years without a recharge orinterruption
THE PANDEMIC HAS PROVED PEAK OIL DEMAND WRONG The pandemic has proved peak oil demand wrong. While the world is not yet back to pre-pandemic travel levels and there is still ongoing disruption to ground transportation and air traffic, the world now consumes more than 95 million barrels of oil per day (bpd) and is forecast to reach an average of 97.7 million bpd during 2021, according to the latest US Energy Information Administration (EIA PEAK OIL DEMAND MAY BE TEN YEARS AWAY Peak Oil Demand May Be Ten Years Away. The world is past peak coal consumption and may reach peak oil consumption within the next ten years, Alexei Kudrin, the head of the Russian Accounts Chamber, told media this week. The official noted Russia will need to learn to rely less on oil export revenues over these next ten years. Otherwise, Kudrin added, this will become a serious WYOMING TO LEAD THE COAL-TO-NUCLEAR TRANSITION Wyoming To Lead The Coal-To-Nuclear Transition. Coal and natural gas together produce two-thirds of our electricity, almost equally split between them. Nuclear produces 20%, hydro produces 7%, and renewables about 7%. Oil produces even more energy than either coal or gas, but it is used almost entirely for transportation except during Polar Vortexes when coal, gas and wind fail to produce GOLD & THE COMING OIL SHORTAGE Gold & The Coming Oil Shortage. The oil price crash on the back of the COVID-19 lockdowns has accelerated the coming supply crunch. Both national and international oil companies have slashed CAPEX and maintenance spending, which will push up decline rates and US shale drillers finally focus on profitability instead of growth. US CRUDE OIL, FUEL CONSUMPTION SURGES AHEAD OF SUMMER US crude oil and fuel stockpiles fell sharply last week on accelerated demand from refiners ahead of the start of the peak summer driving in an economy rebounding rapidly from COVID-19 suppression, data from the Energy Information Administration (EIA) showed Wednesday. WASHINGTON (UrduPoint News / Sputnik – 26th May, 2021) US crude oil and fuel stockpiles fell sharply last week on HAVE WE REACHED ‘PEAK OIL’? Have we reached ‘peak oil’? The U.S. oil and gas industry faces a daunting recovery from the pandemic, said Paul Takahashi at the Houston Chronicle. “about 107,000 oil, gas, and petrochemical workers have been laid off between March and August,” a staggering total even for an industry that is accustomed to soaring heights and crushing lows.. But analysts say this oil bust is different ROSNEFT WARNS OF ‘SEVERE’ OIL SHORTAGE AMID HASTY ENERGY Russian oil giant Rosneft PJSC warned of an impending shortfall in supply as global producers increasingly channel funds into a “hasty” energy transition. “The world risks a severe deficit of oil and gas,” Rosneft Chief Executive Officer Igor Sechin said Saturday at the St. Petersburg SCIENTISTS DEVELOP ‘CHEAP AND EASY’ METHOD TO EXTRACT Scientists develop ‘cheap and easy’ method to extract lithium from seawater. Researchers at King Abdullah University of Science and Technology developed what they believe is an economically viable system to extract high-purity lithium from seawater. AN INCONVENIENT TRUTH: EVS MAY OFFER A “NEGLIGIBLE” CO2 1 day ago · Are the carbon footprints of EVs really as drastically lower than that of internal combustion engine vehicles? When considering the amount of carbon and CO2 created from assembling lithium ion batteries, one firm thinks the difference could be “negligible”. Such was the topic of a new blog CHINA MAINTAINS ‘ARTIFICIAL SUN’ AT 120 MILLION CELSIUS China broke the record by keeping the Experimental Advanced Superconducting Tokamak (EAST) by achieving plasma temperature at 120 million Celsius for 101 seconds and 160 million Celsius for 20 seconds, a major step toward the test run of the fusion reactor. TheTokamak devise is
PEAK OIL NEWS AND MESSAGE BOARDS Author Allysia Finley notes that the average cost at the pump in California is now $4.18 a gallon, pointing out that in 2017, Democrats in the state's legislature raised a tax on each gallon by 20.8 cents over three years. California drivers are now paying an astonishing average of 63 cents a gallon in state and local taxes, compared anaverage
CLIMATE CHANGE, PEAK OIL AND RENEWABLE RESOURCES Climate Change, Peak Oil and Renewable Resources. Climate change is the reality we are living in. It is not going away; it has been clearly established as a fact, IOMCO — or immediately obvious to the most casual observer. The weather is simply becoming more extreme. More tornados, more flooding, more drought, stronger hurricanes andother
THE WORLD’S DEEPEST OIL WELL IS OVER 40,000 FEET DEEP The world’s deepest oil well is over 40,000 feet deep. In the world’s deepest gold mine, workers will venture 2.5 miles (4 km) below the Earth’s surface to extract from a 30-inch (0.8m) wide vein of gold-rich ore.. While these depths are impressive, mining is limited by the frailty of the human body. IEA CRIES WOLF AGAIN: THE POINT OF NO RETURN A MARKET CRASH AND HIGH INFLATION? Like many of our recent past guest experts like Grant Williams, Jim Rogers, Steen Jakobsen and Jim Bianco, Jesse foresees high inflation as the biggest existential threat to markets and the economy going forward. That by itself would puncture the euphoria supporting today’s asset prices. 10 HUGE COUNTRIES WITHOUT THEIR OWN OIL 10 Huge Countries Without Their Own Oil. The world’s 1.635 trillion barrels of proved oil reserves are not evenly distributed among the globe’s 216 nations. Just three — Saudi Arabia, Venezuela and Canada — account for nearly a third of the total.There are far more countries with no or very little oil than those countries withdeposits
THE CASE AGAINST SUSTAINABILITY Truly sustainable practices (which does NOT mean “forever” by the way – nothing is forever) are laudable and need to be implemented on every feasible scale, NOW! Thus the writer’s conclusion that it is only concerned with the future is erroneous. ghung on SHARP DECLINES IN WELL PRODUCTION TYPICAL IN OHIO’S UTICA Even with the sharp decline curves, Ohio is not experiencing drops in total oil or natural gas production because additional wells are going online each quarter. To date, Ohio has approved 1,735 Utica wells, of which 1,277 have been drilled. A total of 707 Utica wells are producing, according to ODNR figures. The most recent report, fromthird
HERE’S HOW MUCH IT COSTS BOTH SAUDI ARABIA AND THE US TO When crude oil prices crashed into the $20 range early last year, it had most oil-producing nations quaking in their boots. That’s because few countries can AFRICA HAS SHITLOADS OF RESOURCES Africa is a technology hotbed. High-profile technology ventures are becoming entrenched in major African cities. 4 years ago IBM started rolling out its AI framework called Watson in Africa, starting in Nairobi under the name “Project Lucy,” saying it would help to address continental development obstacles as diverse as medical diagnoses, economic data collection, and e-commerce research. PEAK OIL NEWS AND MESSAGE BOARDS Author Allysia Finley notes that the average cost at the pump in California is now $4.18 a gallon, pointing out that in 2017, Democrats in the state's legislature raised a tax on each gallon by 20.8 cents over three years. California drivers are now paying an astonishing average of 63 cents a gallon in state and local taxes, compared anaverage
CLIMATE CHANGE, PEAK OIL AND RENEWABLE RESOURCES Climate Change, Peak Oil and Renewable Resources. Climate change is the reality we are living in. It is not going away; it has been clearly established as a fact, IOMCO — or immediately obvious to the most casual observer. The weather is simply becoming more extreme. More tornados, more flooding, more drought, stronger hurricanes andother
THE WORLD’S DEEPEST OIL WELL IS OVER 40,000 FEET DEEP The world’s deepest oil well is over 40,000 feet deep. In the world’s deepest gold mine, workers will venture 2.5 miles (4 km) below the Earth’s surface to extract from a 30-inch (0.8m) wide vein of gold-rich ore.. While these depths are impressive, mining is limited by the frailty of the human body. IEA CRIES WOLF AGAIN: THE POINT OF NO RETURN A MARKET CRASH AND HIGH INFLATION? Like many of our recent past guest experts like Grant Williams, Jim Rogers, Steen Jakobsen and Jim Bianco, Jesse foresees high inflation as the biggest existential threat to markets and the economy going forward. That by itself would puncture the euphoria supporting today’s asset prices. 10 HUGE COUNTRIES WITHOUT THEIR OWN OIL 10 Huge Countries Without Their Own Oil. The world’s 1.635 trillion barrels of proved oil reserves are not evenly distributed among the globe’s 216 nations. Just three — Saudi Arabia, Venezuela and Canada — account for nearly a third of the total.There are far more countries with no or very little oil than those countries withdeposits
THE CASE AGAINST SUSTAINABILITY Truly sustainable practices (which does NOT mean “forever” by the way – nothing is forever) are laudable and need to be implemented on every feasible scale, NOW! Thus the writer’s conclusion that it is only concerned with the future is erroneous. ghung on SHARP DECLINES IN WELL PRODUCTION TYPICAL IN OHIO’S UTICA Even with the sharp decline curves, Ohio is not experiencing drops in total oil or natural gas production because additional wells are going online each quarter. To date, Ohio has approved 1,735 Utica wells, of which 1,277 have been drilled. A total of 707 Utica wells are producing, according to ODNR figures. The most recent report, fromthird
HERE’S HOW MUCH IT COSTS BOTH SAUDI ARABIA AND THE US TO When crude oil prices crashed into the $20 range early last year, it had most oil-producing nations quaking in their boots. That’s because few countries can AFRICA HAS SHITLOADS OF RESOURCES Africa is a technology hotbed. High-profile technology ventures are becoming entrenched in major African cities. 4 years ago IBM started rolling out its AI framework called Watson in Africa, starting in Nairobi under the name “Project Lucy,” saying it would help to address continental development obstacles as diverse as medical diagnoses, economic data collection, and e-commerce research. THE PANDEMIC HAS PROVED PEAK OIL DEMAND WRONG The pandemic has proved peak oil demand wrong. While the world is not yet back to pre-pandemic travel levels and there is still ongoing disruption to ground transportation and air traffic, the world now consumes more than 95 million barrels of oil per day (bpd) and is forecast to reach an average of 97.7 million bpd during 2021, according to the latest US Energy Information Administration (EIA PEAK OIL NEWS AND MESSAGE BOARDS Campbell. What peaking does mean, in energy terms, is that once you've peaked, further growth in supply, is over. Peaking is generally, also, a relatively quick transition to a relatively serious decline at least on a basin by basin basis. And the issue then, is the world's biggestserious question.
PEAK OIL DEMAND MAY BE TEN YEARS AWAY 1 day ago · Peak Oil Demand May Be Ten Years Away. The world is past peak coal consumption and may reach peak oil consumption within the next ten years, Alexei Kudrin, the head of the Russian Accounts Chamber, told media this week. The official noted Russia will need to learn to rely less on oil export revenues over these next ten years. Otherwise, Kudrin added, this will become a serious problem in 20 WYOMING TO LEAD THE COAL-TO-NUCLEAR TRANSITION 1 day ago · Wyoming To Lead The Coal-To-Nuclear Transition. Coal and natural gas together produce two-thirds of our electricity, almost equally split between them. Nuclear produces 20%, hydro produces 7%, and renewables about 7%. Oil produces even more energy than either coal or gas, but it is used almost entirely for transportation except during Polar Vortexes when coal, gas and wind fail to produce AN INCONVENIENT TRUTH: EVS MAY OFFER A “NEGLIGIBLE” CO2 20 hours ago · Are the carbon footprints of EVs really as drastically lower than that of internal combustion engine vehicles? When considering the amount of carbon and CO2 created from assembling lithium ion batteries, one firm thinks the difference could EXPECT TO PAY MORE FOR GASOLINE, ELECTRICITY, NATURAL GAS It’s not just cars, houses and lumber that are getting more expensive this summer. Be ready to shell out more money for energy this summer, too, the Michigan Public Service Commission said in its May 26 report. Gasoline, electricity and natural gas are all expected to keep getting pricier SCIENTISTS DEVELOP ‘CHEAP AND EASY’ METHOD TO EXTRACT 1 day ago · Scientists develop ‘cheap and easy’ method to extract lithium from seawater. Researchers at King Abdullah University of Science and Technology developed what they believe is an economically viable system to extract high-purity lithium fromseawater.
THE SOCIAL DECAY THAT IS EATING AWAY AT AMERICA LIKE A You probably don’t need me to tell you that society is coming apart at the seams all around us. If you live in a major city, you can just walk outside and watch it happen right in front of you. Prior to 2020, social decay was steadily eating away at our society, but once thepandemic hit many
10 COUNTRIES THAT ARE RUNNING OUT OF OIL 10 Countries that Are Running Out of Oil. These 10 countries that are running out of oil will face serious problems down the road unless new reserves are found and tapped into.. For a while now, you can scarcely hear the term peak oil, which was widely used in the past toZOOM AND GLOOM
Zoom and gloom. I N 1973 THE Eldfell volcano, long-dormant, erupted on Heimaey, an island off Iceland. The eruption destroyed about 400 homes, a third of the total (Heimaey’s seaport was saved by pumping seawater into the lava). The Icelandic government compensated the unlucky people who lost their homes, many of whom never returned. Exploring Hydrocarbon Depletion -------------------------* Peak Oil News
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Peak Oil News and Message Boards Welcome to PeakOil.com, an online community exploring oil depletion. IEA CUTS OIL DEMAND FORECAST AS ECONOMY ECLIPSES SAUDI ATTACK The International Energy Agency cut forecasts for growth in global oil demand, noting that fears of an economic slowdown are overshadowing the loss of supply during last month’s attack on Saudi Arabia. The strike on the kingdom’s production facilities caused the biggest disruption in modern history, halting about 6% of world oil supply, the agency said. Nonetheless, after a brief rally, crude prices have eased back amid concerns of a global recession. The IEA trimmed projections for demand growth this year and next by 100,000 barrels a day. “There should be talk of a geopolitical premium on top of oil prices,” the Paris-based agency, which advises major economies, said in a monthly report. “For now, though, there is little sign of this with security fears having been overtaken by weaker demand growth and the prospect of a wave of new oil production” ... MIRACLE OF ‘FUSION’ POWER GROWS NEARER Some consider it to be the most complex scientific endeavour in human history — harnessing hydrogen fusion power on a massive scale for the benefit of mankind. If successful, it would represent a revolutionary energy breakthrough, albeit a costly one — US$22.5 billion and counting. The good news is, the reality of fusion-driven energy has moved one major step further. A core machine of the International Thermonuclear Experimental Reactor (ITER), the world’s first fusion device, has entered the installation phase, according to the ITER Organization, CGTN.com reported. Representatives of the China Nuclear Power Engineering (CNPE)-led consortium signed the Tokamak Assembly contract with Bernard Bigot, ITER Director-General, on September 30 in Beijing. The contract covers the cryostat and cryostat thermal shield, magnet feeders, the central solenoid, poloidal field and correction coil magnets, and cooling structures and instrumentation, according to the ITER Organization, the report said. The covered contents ...SOFT PATHS TO ZERO
"While reducing emissions should be a priority, it is morally questionable to focus on relatively cheaper emissions reduction without drawdown. This merely shifts the responsibility, and cost, onto the backs of future generations." Being still somewhat in the Greenwich Meridian, I got up this morning while it was still dark, grabbed some kombucha from the fridge, turned on the laptop (aaghh, light!), opened a Google doc and commenced to write this post. Then the power went off. My UPS/surge protector (a heavy core of grounded 12-penny nails and a lightweight capacitor circuit) held my consigned thoughts only long enough for orderly shutdown. Then I was back in the dark. I would have better started my day with quill pen and beeswax candle. As it is, I did the next best thing and went to ballpoint, yellow pad, and solar-charged torch. I can hear ... WHO OWNS THE ARCTIC? In August, President Donald Trump made international headlines when he voiced an interest in buying Greenland, the world's largest island, which teeters on the edge of the icy Arctic Ocean. As it turns out, Greenland isn't for sale, and Trump was widely ridiculed for his diplomatic blundering. Yet, many wondered what could be behind this unprecedented move —and if it might have something to do with the United State's growing interest in owning a slice of the Arctic. The U.S. is one of eight nations surrounding the Arctic — along with Canada, Denmark, Finland, Iceland, Norway, Russia and Sweden — that are all currently jostling for ownership of the region's frozen seas. Several of the countries have already submitted formal papers to a United Nations body, claiming portions of the vast Arctic seabed. Climate change is also opening up the Arctic's ... TRUMP HASN’T SOLVED THE PIPELINE CRISIS A protest against the Dakota Access Pipeline, Dec. 4, 2016. Photo: Andrew Lichtenstein/Corbis via Getty Images America has a severe plumbing problem. When it comes to crude oil and natural gas, the country can’t seem to replace its aging pipes or put in new lines to meet market demand on a timely and cost-efficient basis. For all the current administration’s vocal support of the industry, the situation has worsened under President Trump. Over the past decade, as the U.S. shale revolution has opened up new sources of domestic oil and gas production, midstream takeaway capacity has struggled to keep pace. Building new interstate lines has become a costly, open-ended process, as climate-change politics have overwhelmed what used to be a straightforward permitting exercise. American consumers will pay the price in fuel shortages and higher costs, and the environment ... THE BABY BUST AND THE GLOBAL ECONOMY Growth has been slowing around the developed world — not just in recent months but for decades. One potential reason is that women are having fewer babies. On this week’s Stephanomics, reporter Jeannette Neumann visits a region in Spain with the lowest fertility rate in Europe to find out why this is happening and what it means for the global economy. Host Stephanie Flanders also talks with Darrell Bricker, co-author of the book "Empty Planet," about his theory that the global population will begin to decline. One way to prop up the birthrate could be to offer employees a better work-life balance. Recent U.S. data showed that people who work at home aren’t just growing in number but also, on average, earn more than those who commute. Bloomberg Opinion columnist Justin Fox joins Flanders to consider the implications of this striking fact. Running time 30:10 CAN AMERICAN VALUES SURVIVE IN A CHINESE WORLD? The People’s Republic of China bounds from strength to strength. Every year sees increases in its wealth and power relative to the world. But what do its leaders hope to achieve with their newfound clout? China’s Vision of Victory, Jonathan D.T. Ward, Atlas Publishing, 316 pp., $25, March 2019 This is the topic of Jonathan D.T. Ward’s China’s Vision of Victory. Ward is ideally placed to write such a book, boasting a doctorate from Oxford University in Chinese politics, a résumé that has led him across the Asian continent, and a political consultancy that he operates from Washington. His answer to the question “What does China want?” is simple: The Chinese want supremacy. China’s Vision of Victory is a useful antidote to the popular delusion that Chinese leaders seek nothing more than to roll back U.S. hegemony in the WesternPacific—or ...
NATIONAL GEOGRAPHIC WARNS BILLIONS “FACE SHORTAGES OF FOOD AND CLEAN WATER” OVER NEXT 30 YEARS A lot of people out there don’t like when I write these kinds of articles, because they directly contradict the false narrative that humanity has an extremely bright future ahead. Sadly, the truth is that our planet and everything that lives on it is rapidly deteriorating. And I am not talking about the false environmentalism being pushed by the mainstream media, Greta Thunberg and countless well-funded NGOs. What I am talking about is the stuff that is happening right in our face. We are systematically poisoning our planet, thousands upon thousands of species are going extinct, and we are literally running out of all of our most important natural resources. There isn’t going to be enough of anything in the not too distant future. In fact, even National Geographic is admitting that up to five billion people could soon be facing “shortages offood and ...
SAUDI ARABIA’S ECONOMIC REALITIES AFTER OIL ATTACKS The attacks on Saudi oil facilities at Khurais and Abqaiq last month revealed devastating weaknesses of domestic defense and leadership on the Saudi side, fissures within the Saudi-US relationship and an abdication of the US security umbrella. An act of war and an attack on global energy infrastructure has been met with a muted response from global oil markets. But we should not measure the severity of the attacks in oil prices. That is the wrong metric. Oil prices reflect a short-term view based on weakening demand and oversupply; geopolitical risk seems hardly factored in. Analysts at Standard Chartered find that September was the third consecutive month of year-on-year oil demand decline, the first time since 2009. Over the past 10 years, oil demand has risen in 113 months and fallen in just seven, but five of those seven declines have been ... OIL RISES AS IRAN TANKER ATTACK REIGNITES MIDEAST RISK Oil jumped to the highest in two weeks after the U.S. and China reached a partial agreement following trade talks and as an Iranian oil tanker was struck. Futures in New York climbed 2.2% on Friday and the global benchmark Brent closed above $60 a barrel for the first time in nearly two weeks. The U.S. and China reached a partial agreement Friday that would broker a truce in the trade war. Further adding fuel to the oil rally, a National Iranian Tanker Co. ship caught fire after a blast off the coast of Saudi Arabia. “We had some good statements come out of the U.S.-China talks,” Ashley Petersen, an oil analyst at Stratas Advisors LLC in New York. The discussions seemed to end “very peacefully and now we are going to see what next steps entail. That was the best case ... ARAMCO: WE’LL FULLY RECOVER FROM ATTACKS BY END-NOVEMBER Aramco will have its oil production capacity fully restored happen bythe end of ...
OPEC SEPTEMBER 2019 OIL PRODUCTION Data for the OPEC charts below were taken from the October OPECMonthly Oil ...
CHINA’S WORRYING OIL VULNERABILITY 1. China’s Middle East vulnerability - China is the largest oil importer in the world ...TRADE
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Degrowth Thread
by Ibon
,
October 14, 2019 2:49 pm*
Cali blackouts comingby Newfie
,
October 14, 2019 2:48 pm*
Stock Market Crash! (merged) Pt. 10by shortonoil
,
October 14, 2019 2:23 pm*
Greta Thunberg's Voyageby Ibon
,
October 14, 2019 1:11 pm*
dual audio movies
by JesusTep
,
October 14, 2019 12:44 pm*
The Methane Thread pt. 2by Tanada
,
October 14, 2019 10:27 am*
Cyclone, Hurricanes, Typhoons...2019by jedrider
,
October 14, 2019 10:05 am*
Have we hit the peak?by Outcast_Searcher
,
October 14, 2019 1:54 am*
Climate Chaos Is Here Pt. 4by Nefarious
,
October 12, 2019 1:00 pm*
The Drought Thread Pt. 4by Azothius
,
October 12, 2019 1:06 am*
THE Carbon Dioxide (CO2) Thread Pt. 7by forbin
,
October 11, 2019 7:44 am*
Arctic sea ice 2019
by Nefarious
,
October 10, 2019 9:28 pm*
THE Ghawar Thread (merged)by rockdoc123
,
October 10, 2019 6:19 pm*
Blame Canada
by EnergyUnlimited
,
October 10, 2019 5:05 pm*
Global Warming / Climate Change is Hoax pt 10by Nefarious
,
October 10, 2019 2:32 pm*
What's up with the Repo rate?by Outcast_Searcher
,
October 10, 2019 12:20 pm*
Saudi Aramco IPO
by rockdoc123
,
October 9, 2019 11:04 pm*
BBC claim about oil discoveriesby rockdoc123
,
October 9, 2019 11:27 am*
Runaway Global Warming - Has Arrived pt 15by Newfie
,
October 9, 2019 6:40 am*
Global Warming / Climate Changes Pt. 21by EdwinSm
,
October 9, 2019 3:55 am*
THE Oceans & Seas Thread pt 3by Newfie
,
October 8, 2019 6:36 pm*
Peak Coal Happened in 2014: IEAby kublikhan
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October 8, 2019 3:43 pm*
THE Electric Vehicle (EV) Thread pt 9by Outcast_Searcher
,
October 7, 2019 11:20 am*
Meat Eaters Are Killing The Planetby careinke
,
October 7, 2019 2:52 am*
THE Nuclear Power Thread pt 9 (merged)by eclipse
,
October 7, 2019 1:41 am*
how would you explain climate change and weather to kids?by phaster
,
October 6, 2019 7:32 pm*
Sea Level Rise Pt. 2by FLAMEOUT
,
October 5, 2019 1:23 pm*
Re: THE Tesla Thread Pt. 2 (merged)by Outcast_Searcher
,
October 5, 2019 11:56 am*
The time .... has arrived.by Outcast_Searcher
,
October 4, 2019 2:18 pm*
Heat Waves 2019
by dohboi
,
October 4, 2019 12:35 pmArchive
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* Harquebus said “We don’t inherit the earth from our ancesto... * Sissyfuss said Then why aren’t they doingthat Antius? Bad...
* Antius said Fusion is already achievable at the centre of a fi... * supremacist muzzies jerk said Cloggie on Mon, 14th Oct 2019 1:01 pmdear superta...
* Cloggie said Rumors have it that France plans SIX new nuclear p... * Antius said “$35 Billion: UK Faces Huge Loss From Electr... * supremacist muzzies jerk said dear supertards, esp. supertard cloggie this is my... * More Davy Insanity said supremacist muzzies jerk on Mon, 14th Oct2019 11:...
* supremacist muzzies jerk said Cloggie on Mon, 14th Oct 2019 1:23 amsupertard, i...
* The Truth Shall Set Widdle Davy Free said God grant widdle Davy the serenity to accept the t... * More Davy Insanity said REAL Green on Mon, 14th Oct 2019 7:30 amREAL Gre...
* Madness said JuanP ID theft and other garbage Davy said To summ... * Robert Inget said Pres. #Rouhani indirectly accuses #Israel ofatta...
* Davy said To summarize all my word salads that nobody ever r... * Sys1 said Fusion power, if possible, is so complex that it s... * Davy Insanity said Davy on Mon, 14th Oct 2019 6:18 am supremacistmu...
* jedrider said It’s the church of Fusion: Either you’... * Robert Inget said Quite seriously. There’s quite a war going o... * Robert Inget said Replacement Rate Hits 20-Year Low: Oil IndustryOn...
* Twocats said Oil sands is cranking back up and that could cover...PO Real Time
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