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15 ways the world will be terrifying in 2050
By mid-century, we'll likely have self-driving cars, more widespread internet access, and semi-smart robots.But despite our technological advances, humanity has failed to solve many of its problems....
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America's Real Spending Problem Is A Lot Harder To Fix
Conservatives have a legitimate gripe about America's excessive "commitments and obligations" to "unfunded liabilities" but their focus on Medicare and social security misses the larger point: our...
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The World's Energy Predicament In 12 Charts
A friend asked me to put together a presentation on our energy predicament. I am not certain all of the charts in this post will go into it, but I thought others might be interested in a...
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Peak Oil Is Dead
On November 7, 1973, President Nixon addressed the nation with a serious warning: America was running out of oil.The Yom Kippur War had disrupted imports, and there weren't enough domestic supplies to...
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Peak Oil Demand Is Already A Huge Problem
We in the United States, the Euro-zone, and Japan are already past peak oil demand.Oil demand has to do with how much oil we can afford. Many of the developed nations are not able to outbid the...
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The Lies We Tell Ourselves About Energy Independence
Wishful thinking now runs so thick and deep across the USA that our hopes for a credible future are being drowned in a tidal wave of yellow smiley-face stories recklessly issued by institutions that...
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Governments And Oil Firms Aren't Acting Like Climate Change Is A Problem
Either governments are not serious about climate change or fossil-fuel firms are overvalued.MARKETS can misprice risk, as investors in subprime mortgages discovered in 2008. Several recent reports...
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The Inevitable Global Population Collapse
Humans live in equilibrium with other species in a finite world. In such a world, there is never really a Steady State. Instead, there is a constant ebb and flow. One species may be dominant in an...
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Climate Change Won't Be A Problem When We Run Out Of Oil
They say that every cloud has a silver lining.If future energy consumption (which is mostly fossil fuel) drops because of a financial collapse brought on by high oil prices and other limits, then, at...
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Neither Democrats Nor Republicans Have The Right Approach To Energy Limits
The energy limit we are running into is a cost limit. I would argue that neither the Republican or Democrat approach to solving the problem will really work.The Republicans favor “Drill Baby Drill”. If...
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ROSENBERG: The Death Of Peak Oil Is 'Singularly The Most Bullish Underpinning...
Gluskin Sheff's David Rosenberg has joined the "peak oil is dead" caravan.In a note this morning, Rosenberg echoes what others have been saying this year: that demand for crude oil is slowly but surely...
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A Looming Energy Crisis Lies At The Heart Of The Government Shutdown
As the US heads toward debt default and continues with government shutdown, the underlying reason for the predicament is generally not clear to the American people or the world. The story that the...
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IEA: The World Is Totally Unprepared For When The Great American Shale Boom...
The International Energy Agency says world markets are unprepared for when — and it's a when, not if, it asserts, — the Great American Shale Boom fizzles, The FT's Ajay Makan and Neil Hume report.In...
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Here's The Statistic That Will Be Written On The Tombstones Of Peak Energy...
'Peak oil' proponents — the guys and gals who believe overconsumption combined with scarce resources will lead to stratospheric energy prices — are now clinging to the hope that the shale oil and gas...
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15 ways the world will be terrifying in 2050
By mid-century, we'll likely have self-driving cars, more widespread internet access, and semi-smart robots.But despite our technological advances, humanity has failed to solve many of its problems....
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The 'Age of Oil' endures as 'Peak Oil' retreats
The recent OPEC meeting provides an opportunity to understand the mysteries of the global oil market. As expected, OPEC decided not to cut its oil production. Barring unanticipated developments, prices...
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2015 might've been the year of peak oil production
I follow the JODI World Oil Database primarily because it is now four months ahead of the EIA international data base. I make some adjustments however. I use the OPEC MOMR “secondary sources” for all...
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15 ways the world will be terrifying in 2050
By mid-century, we'll likely have self-driving cars, more widespread internet access, and semi-smart robots.But despite our technological advances, humanity has failed to solve many of its problems....
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The end of oil as we know it
Oil has crashed.But a short-term drop in the price of oil is nothing compared with the end of demand for oil as we know it.The more extreme scenario is what Bernstein Research is now talking about....
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The world is millions of barrels away from peak oil
The notion that demand for crude oil will soon peak has largely replaced the idea from a decade ago that crude oil production was about to peak for geological reasons. This new idea is that we will no...
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