Insight and inspiration in turbulent times.
World supply is so precious that more price spikes are inevitable …”The first message American consumers need to hear,” says A. G. Edwards’s O’Grady, “[is] if you think the price of oil and gasoline has been volatile, you ain’t seen nothin’ yet.” (Excellent article)
Concern over world’s oil supply fuels discussion over alternatives, technology
Let’s start with the premise that resource scarcity and rising costs cause the global economy to contract. Let’s not be concerned here with the timing, but consider what can be expected and what our adapting strategies should be to conditions that force descent.
An investigation team reports that gas hydrates could become a source of natural gas within a few years
Scania, the Swedish truck manufacturer, recently made a presentation at the Tokyo Motor Show. It includes the Peak Oil prediction from ASPO, and talks about the need to reduce fuel consumption and look at biofuels.
Increases in food production, per hectare of land, have not kept pace with increases in population, and the planet is running out … of arable land. As a result, per-capita cropland has fallen by more than half since 1960, and per-capita production of grains, the basic food, has been falling worldwide for 20 years.
Russia said Friday it had ordered the construction of an oil pipeline from its huge Siberian oilfields to the Pacific Ocean opposite Japan, in a move to boost export opportunities throughout East Asia and to the United States.
Higher heating oil prices in the US are encouraging consumers to turn to back to firewood.
If the fuel cell is to become the modern steam engine, basic research must provide breakthroughs in understanding, materials, and design to make a hydrogen−based energy system a vibrant and competitive force.
Heinberg speaks on Peak Oil and other threats to industrial society, the universal ecological dilemma, and coordinated and cooperative responses to our predicament. (2-hour audio)
Global economic forecasters tend to be upbeat. But not this year…The biggest global economic uncertainty is the price of oil.
According to the “World Energy Outlook” report prepared by the International Energy Agency, the world’s energy consumption will increase by 60 percent by 2030. China will rival the US as the biggest consumer and will use 10 million barrels oil per day by 2030.
