We are entering the Peak Oil era. The growth of oil production is slowing, driving up oil and gasoline prices, firing inflation, driving unemployment, straining our global economy, and threatening to collapse our entire system. Gasoline prices are rising, Peak Oil is upon us, and we need to prepare. Teacher Aaron Wissner, in an in [...]
Related posts:The Power of Community: How Cuba Survived Pea
clipped from www.guardian.co.ukThe risk to the UK from falling oil production in coming years is greater than the threat posed by terrorism, according to an industry taskforce report published today.The report, from the Peak Oil group, warns that the problem of declining availability of oil will hit the UK earlier than generally expected - possibly within the next five years and as early as 2011.
Many people and the media are portraying the present economic woes as a consequence of greed and poor loans made to people that can’t afford to pay them. It is certainly easier to see the collapsing banks in this way, than to start looking deeper, and asking what really is causing this. Even ‘green’ forums [...]
Here is the big topic that needs to be developed over the next several weeks and months: the interrelationship between peak oil/peak energy and the financial crisis/global economy.In my opinion, it's necessary to take a deeper look at the impact of the financial crisis on our economy--because it is not clear at this point that "financial crisis" is the same as "general economic crisis." The fina
by Shaun Chamberlin, on darkoptimism.org
Lately I seem to be encountering many climate change activists who have a blind spot when it comes to peak oil. Friends of the Earth appear to be particularly prone to this.
They claim that climate change is overwhelmingly urgent (no arguments from me there) and so that the depletion of fossil [...]
A nice letter to the editor by Erv Lack, P.Eng. pointing out how technology ensure that we don’t run out of oil too quickly. I’m a shareholder of Wavefront Energy and Environmental Services (WEE.V). If American’s truly want energy independence (what happened to free trade anyhow?) then Powerwave will continue to gain acceptance.
Technology may force [...]
Sharon Astyk tells us why we should be paying attention, and thinking about peak oil and climate change in the present tense.
So I thought it might be good to do a post not so much on what peak oil is (if you scroll down there’s some resources in the sidebar that can help there) but [...]
Sharon Astyk tells us why we should be paying attention, and thinking about peak oil and climate change in the present tense.
So I thought it might be good to do a post not so much on what peak oil is (if you scroll down there’s some resources in the sidebar that can help there) but [...]
Peak oil is the point in time when the maximum rate of global petroleum extraction is reached, after which the rate of production enters terminal decline. The Peak oil point may actually be reached earlier if supply cannot increase fast enough to meet the rising demand. The effects of the peak oil point will be rising oil prices. M. King Hubbert was one of the first to use peak oil concepts in 195
Nicolas van der Leek’s take on what to expect in the coming months and years.
Say Goodbye
The first casualty of high oil prices are vast swathes of the poor, especially the rural poor. They may disappear for a while from the aisles of commerce (informal industry mostly) but they will reappear in cities as massive disordered [...]
presents a clip as part of the “Why Are Things Falling Apart?” series. In this one, Richard Heinberg discusses peak oil, energy crisis, and economic collapse.
Full Article
An Introduction to Peak Oil and It's Effects on Parenting - I'm sure if you're like me you've been feeling the pain at the pump recently and have noticed that the number of grocery bags you come out of the store with doesn't quite match the amount of money that seems to have exited your purse. Whether it's for food or simply to allow us to get around, we seem to be getting less, significantly less
Peak Oil Parenting - Back to the Future Style - Last week, I talked about how society looks at children and how that in turn creates the parenting methods in use. This week, I want to concentrate on peak oil and the upside of the coming transition. Too often, we dwell on the negative and although many of the changes may be difficult to contend with, they may bring with them unanticipated benefits.
Peak Oil Parenting and How it Will Change a Culture of Dependence - Many times as parents we wonder about our parenting methods. Today, I'd like to take a closer look at how we view childhood in general and how our views toward children have changed over the centuries. It is after all, society's view of children that dictates the main parenting methods in use. Prior to the Industrial Revolution,
Disclaimer: This post is not about food, this is one of my 'other random musings', if you are looking for food, scroll down to the next post. This is also a really long post, and it could have been much longer, but I figured I was pushing my luck in getting anyone to read this anyway. You have been warned. :-)Second, the title for this piece, The End of Suburbia, is taken from a documentary by the
“Many investors are feeling left out because they haven’t been part of the incredible bull run energy companies have enjoyed in the last few years. But have no fear. It’s not too late to grab a piece of the pie.” — Keith Fitz-Gerald
by Keith Fitz-Gerald
Baltimore – (TFN): Many people are [...]
The Low-Tech Times has covered stories on the possible return of the steam engine in railroading and of horses and mules in farming.
Now, amid continued rising fuel prices, Samatha Gross of the Associated Press reports that more people are trying to become self reliant in case a massive fuel crunch comes:
Convinced the planet’s oil [...]
Robert Hirschclipped from www.cnbc.com"The prices that we're paying at the pump today are, I think, going to be 'the good old days,' because others who watch this very closely forecast that we're going to be hitting $12 and $15 a gallon, and then, after that, when world oil production goes into decline, we're going to talk about rationing," Robert Hirsch, Management Information Services Senior Ene
Has Peak Oil, as a meme, "tipped"?One indicator of a "tipping point" for acceptance of Peak Oil may be the state of backwardation in oil futures. I first raised this idea over 2 years ago, but recent market movements, coinciding with attention in the press, may be validating it: when the markets accept Peak Oil, we will see the end of backwardation in crude oil markets, and possibly even Contang
Things you need to know so you not left behind:
Larissa Schuster, 47, of Clovis, was convicted in December of murdering Timothy Schuster with the special circumstance that the murder was committed for financial reasons.
Peak oil is the point where world oil companies produce a maximum output of oil,prices are so high due to production shortfalls that the normal. The [...]
Here's a guy called Brian Kaller giving a talk about peak oil and CC to a large audience of teenagers. His explanations are very straightforward and explicit.Peak oilClimate changeDealing with itRelated:Running on empty (article by Brian Kaller)
Activism & Sexy Dancing side by side. Good twin Bad twin?Hey, sex is used to advertise everything else. Why not activism?BBC News Headline: Great tits cope well with warming {giggle!}-
All is quiet at gas stations as prices are soaring. We are so extremely dependent on the Middle East's oil that they could send us into a depression (I did not say recession) by cutting us off. But they need our money and we need the oil. No questions asked. But, unfortunately like everything good. It will end or peak. People think that the last drop of oil will result in pandemonium, riots, all that. But that is far to late because far before that time will ever come battles will be fought at oil refineries and hopefully the huge gas prices will spur a kind of alternative energy boom. Like everybody hopes will happen and I think it will. Oil and food are very scary resources because every human who wants a better living will want more of it. More humans means more food already and
All is quiet at gas stations as prices are soaring. We are so extremely dependent on the Middle East's oil that they could send us into a depression (I did not say recession) by cutting us off. But they need our money and we need the oil. No questions asked. But, unfortunately like everything good. It will end or peak. People think that the last drop of oil will result in pandemonium, riots,
Peak oil is a scam to create artificial scarcity and drive prices up. Meanwhile, alternative fuel technologies which have been around for decades are intentionally suppressed.Read MoreLiberty Central- Conservatism's Blog of Choice
I frequently read the Environment section on Yahoo! News. Normally it's filled with horrific or political news, such as "30% of bird species extinct by 2050" or "Fisheries collapse by 2040" or "Environmental organization sues to stop construction of coal plant." Over the past months I've often seen articles on wine production and climate change dotting the section. The first one, okay. But then it got to be a pattern, and I got a little annoyed. Wine drinkers, by stereotype, tend to be at least in the richer segment of the world's population, if not among the richest of the rich, depending on the wine. I thought, there must be more important, actually environment-related (as opposed to product-related) news to put in the section. Now they're talking about beer. Wine shortages might be a pr
Those with a more apocalyptic bent seem to see the onset of a world peak in oil production and the current economic “credit crunch” as a sure sign that the end is nigh. I disagree—I think we’re in the midst of a “slow crash” that will unfold over the next several decades. That doesn’t, however, mean that I think the timing of the credit crunch won’t have a serious effect on peak oil… I think that our economy is fundamentally strong, both in America and world wide. Yes, I predicted there would be no recession in the US in 2008, and I still think that there isn’t a “real” recession in those parts of the economy grounded in reality. There certainly isn’t a recession where I live, judging by the job market, by the lines at drive-through Starbucks, etc. I'm sur
“On the one hand, you have authoritarian rule and government-controlled natural resources. On the other, you have a liberalization of state control and a booming economy. Hmm. That’s a tough decision.” — Stephanie Grimmett
by Stephanie Grimmett
Baltimore – (TFN): Mexico is struggling with a very important question about its future. [...]
David Holmgren is co-originator (with Bill Mollison) of the permaculture concept and author of the recent book, PERMACULTURE: Principles and Pathways Beyond Sustainability. He talks about the need to move beyond the lulling hope that 'green tech' breakthroughs will allow world-wide 'sustainable consumption' to the recognition that dwindling oil supplies inevitably mean a mandatory 'energy descent' for human civilization across the planet. He argues that permaculture principles provide the best guide to a peaceful societal 'powering down."
From Global “Oil Shock” Rattles World Stock Markets :The price of crude oil was trading near $70 a barrel as recently as last August, when the Fed suddenly jolted the markets, by lowering its discount rate to 5.75% on Aug 17th, timed to squeeze short sellers in the stock market, on options expiration day. The Fed’s abrupt shift towards easy money fueled a 1,500-point rally for the Dow Jones Industrials over the next two months to a record high of 14,100. But the stock market’s “irrational exuberance” didn’t last long, once the unintended consequences of the Fed’s rate cuts, a - Global “Oil Shock” – began to settle in. In trying to rescue the Dow Jones Industrials from the claws of a grizzly bear market, the F
Rien de numérique, mais un sujet à la mode, le pic pétrolier.
Vous rendez-vous compte ma bonne dame, ils veulent nous faire croire à la fin de l’essence. Nous ne réaliserions plus de découvertes de nouvelles nappes pétrolifères et nous dirigerions vers une déplétion !
De moins en moins de découvertes, de plus en plus d’être humains consommant cette matière première par se déplacer ou
Richard Heinberg, one of the world's foremost Peak Oil educators and Research Fellow of Post Carbon Institute, is coming to New Zealand in October hosted by the Green Party and the Eco Show to give...
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Richard Heinberg, one of the world's foremost Peak Oil educators and Research Fellow of Post Carbon Institute, is coming to New Zealand in October hosted by the Green Party and the Eco Show to give talks in Auckland, Wellington and Taupo. "The end of cheap oil is a problem the world will have to face, and I am honoured to be able to host Richard Heinberg here at Parliament for a briefing to all MPs on this topic," Green Party Co-Leader Jeanette Fitzsimons says.He is the author of eight books including The Party's Over: Oil, War and the Fate of Industrial Societies (2003), Powerdown: Options and Actions for a Post-Carbon World (2004), and The Oil Depletion Protocol (2006). He is also a journalist, educator, editor, lecturer, and a Core Faculty member of New College of California where he teaches a programme on "Culture, Ecology and Sustainable Community". Since 2002, he has given over 300 lectures on Peak Oil to a wide variety of audiences—from insurance executives to peace activist
Peak oil, according to Wikipedia, is: "The point or time frame at which the maximum global petroleum production rate is reached. After this time frame, the rate of production will enter terminal decline. According to the Hubbert model, the production rate will follow a roughly symmetrical bell-shaped curve. This does not mean oil will suddenly "run out", but the supply of cheap conventional oil will drop and prices will rise, perhaps dramatically. The following is an illustration of Hubbert's model: According to the assumption of market efficiency these price increases will occur some timebefore the actual peak. Has peak oil production already happened? Are current price increases a part of the process? The following is an illustration of world crude oil production from 1960-2005:Hard, even impossible to tell. Hubbert originally estimated 1994 to be the year of peak oil production. Some economists and Geo-physicists estimate 2020-2030 as the years of peak oil production. Other economi
Buy-recommended Occidental Petroleum (OXY) offers unlevered appreciation potential of 26% to estimated net present value of $77 a share, revised up with long-term oil price from $69 a share on May 29. Second quarter results reported on July 24 trace a rising trend in unlevered cash flow (Ebitda) connected primarily to crude oil price. NPV for the large cap stock is concentrated 78% on oil and NPV looks low compared to our estimates for some thirty other producers. As a result, Oxy stock may be a prime beneficiary should world oil production fail to meet peak volumes projected for next winter by the U.S. Energy Information Administration and the consuming governments’ International Energy Agency. Regardless, the trend in long-term oil price appears to be up despite volatility of short-term quotes. Finally, OXY stock also has positive momentum as it trades above its 200-day average.Via: SeekingAlphaFound this post useful? Consider subscribing to The Energy Data Warehouse Feed/RSS.
The Independent: World oil supplies are set to run out faster than expected, warn scientists. Who are you going to believe? Big oil would surely not admit to soon running out of oil so you would expect them to say we've got 40 years of reserves, but 4 years and counting, according to these scientists, is almost inconceivable. Even if the truth lies somewhere in between, that's still a day of reckoning that will be here way too soon.
This is from CNN today:No sign of letup in rise of gasoline prices NEW YORK (CNNMoney.com) -- Gasoline prices hit a record high for the fourth straight day Wednesday, according to AAA, and more records could be on the way.The motorist group said the average price for a gallon of self-serve unleaded gasoline rose to $3.103 in its latest reading, which is based on a daily survey of purchases at up to 85,000 gas stations. That's up from Tuesday's record of $3.087 a gallon. Prices are now up 2.3 percent in just the last week and 8.6 percent over the past month.California had the highest average price, with a gallon of self-serve unleaded costing $3.474 in the latest survey, although that was off of Tuesday's reading of $3.478.South Carolina had the cheapest gas, but it is also creeping toward the mark of $3 a gallon with an average price of $2.853, up from $2.838 on Tuesday. (Posted 12:17 p.m.) (link) Gasoline is around $2.89 here in East Tennessee. My favorite station, the BP on G St
ESTEEMED SCIENTIST'S NEW BOOK URGES NUCLEAR POWER IN BATTLE AGAINST THE CLOCK TO OVERCOME GLOBAL WARMING & PEAK OIL.Dr. J.W. Eerkens' new book, The Nuclear Imperative, examines the various alternatives to fossil fuel from a scientific angle, and shows why nuclear power must be a crucial component in solving the impending energy crisis.
May 1, 2007 -- Dr. Jeff W. Eerkens, an internationally
by Jack Brynaur (www.quitecontrarian.com)
Over the past few years, more and more apocalyptic stories have been popping up about a supposed phenomenon known as "peak oil." The theory is that we're running out of oil, the big powers are keeping it quiet, and as supplies dwindle, world-wide economic chaos will ensue. This is hardly a new theory. According to the Chicken Littles of the world, we've
World Oil Production Close to Peak: In a worst-case scenario, global oil production may reach its peak next year, before starting to decline. In a best-case scenario, this peak would not be reached until 2018. These are the estimates made by Fredrik Robelius, whose doctoral dissertation estimates future oil production on the basis of the largest oil fields. The dissertation will be publicly defended at Uppsala University in Sweden on March 30."
We’re not running out of oil any time soon.
Within the last decade, technology advances have made it possible to unlock more oil from old fields, and, at the same time, higher oil prices have made it economical for companies to go after reserves that are harder to reach. With plenty of oil still left in familiar locations, forecasts that the world’s reserves are drying out have given way to predictions that more oil can be found than ever before.
I guess that is why global warming is the latest excuse for social engineering.
Read it all: Oil Innovations Pump New Life Into Old Wells - New York Times
Technorati tags: peak oil, global warming, social engineering, oil reseerves
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San Francisco columnist Mark Morford has a round-up of doom and gloom on the energy front. After six paragraphs spent telling us that gas prices are high, staying high and might go higher-- with enough links to build a good size fence-- Morford finally gets down to the business of entertainment. Here's what the high energy future looks like to a man whose official bio proclaims that he writes
