Oil Running Out

Industrialised countries are heavily dependent on fossil fuels, especially oil and gas. Gas and oil together provide 70% of the energy used in both the US and UK. But the world’s reserves are rapidly diminishing, and they don’t have to actually run out before precipitating a crisis. (An introductory article to Peak Oil)

“Stranded” Natural Gas to Liquid Fuel, is it time?

Every day natural gas flares around the world burn off 10 billion cubic feet of energy–the equivalent of 1.7 million barrels of oil. A tiny R&D company in Tulsa, Oklahoma called Syntroleum Corp. claims it has refined a gas-to-liquids process to the point that it’s now cheap and safe, and can be used in the field to produce more easily transported fuels.

Energy tsunami unleashed

An energy tsunami formed due to a number of multi-billion dollar energy deals in oil and gas involving Iran, India, Russia and China has been unleashed in Asia, with great economic and political implications for the United States in particular and our global society in general.