It’s back to the farm
When demand for energy exceeds what the world can supply, everything will begin unwinding, sending us back to local communities – or perpetual war
When demand for energy exceeds what the world can supply, everything will begin unwinding, sending us back to local communities – or perpetual war
Oil prices that have hovered around record highs for weeks are likely to continue to be high for another two years because of rising demand and supply constraints, the head of the International Monetary Fund said Saturday.
Excerpt from William Catton’s classic 1980 book Overshoot: The Ecological Basis of Revolutionary Change. Plus, a recent letter from William regarding his current book project.
Eric Sprott could have told you this was coming. Canada’s top fund manager was buying energy stocks long before oil — and other commodities — became the hottest investing trend since the technology bubble. He is wildly bullish about energy. Two words explain why: Hubbert’s Peak.
Energy demand in the United States and China has been relentless. The appetite for more oil in the two fastest growing economies in the world goes on unabated.
The dramatic increase in global demand for oil, and the resulting price spiral in the last couple of months, may be early warnings of a fundamental change in the economies of industrialized nations.
The first two sections of the ‘Hirsch Report’ to the US Dept. of Energy on Peak Oil formatted for the web.
An unexpected and courageous speech on efficiency, conservation, and population control by an ultra-conservative Member of Congress needs to be brought to the attention of all. Readers, please feel free to borrow and customize to send to your US Representative.
Deloitte & Touche LLP has urged regulators worldwide to update their oil and gas reserves reporting requirements and to expand the scope of mandatory disclosures in annual reports and financial statements.
We must apply the same can-do attitude and the same brainpower and technical resources to the alternatives-to-oil issue as we did to landing a man on the moon.
The United States rode out $55 a barrel oil last fall. But some economists say the latest jump in that key commodity poses a greater threat to the nation’s economic growth.
Amid the backdrop of soaring oil and gasoline prices, a sharply divided U.S. Senate on Wednesday voted to open the ecologically rich Alaska wildlife refuge to oil drilling, delivering a major energy policy win for President George Bush.