Insight and inspiration in turbulent times.
Dr Hubbert not only predicted the US-48 peak but went on to study the underlying cultural problem. A quote from Clark on Hubbert: “His thesis is that society is seriously handicapped because its two most important intellectual underpinnings, the science of matter-energy and the historic system of finance, are incompatible.”
The lesson of “Collapse” is that societies, as often as not, aren’t murdered. They commit suicide: they slit their wrists and then, in the course of many decades, stand by passively and watch themselves bleed to death. (Review of Jared Diamond’s new book.)
Watching Barry Bonds connect for a homer is a thrill. We are in awe of the distance he can propel a baseball, but we know the ball will land. Why? Gravity, of course. Barry Bonds lives on Earth, not outer space. If he were in space his homers would travel practically forever. What goes up doesn’t necessarily come down, in space.
So it appears that we may have reached an energy breather. Soft prices will be welcomed most graciously by those in denial of peak oil. Yet this will also give those of us who are aware a chance to prepare – perhaps our last chance before the roller coaster dives down the declining slope of production, carrying all in it.
Bonds posted by companies with federal oil and gas leases cover only a small fraction of the projected costs of plugging wells and restoring land once the fuel is extracted, leaving taxpayers with the potential for huge cleanup bills…
Where do people get the idea that Las Vegas is America’s city of the future?
President Chavez said that Venezuela will offer China greater access to Venezuelan resources, such as oil, natural gas, and related products, in an effort to reduce Venezuelan dependency on the U.S. market.
I recently saw the movie “The End of Suburbia”…The movie and the organization are about looking to the future to see what we as a civilization will do when oil prices start to increase substantially.
New greenhouse-gas emissions from China, India, and the US will swamp cuts from the Kyoto treaty.
What types of property ownership are best for the world? This article explores how petroleum and water are being owned and mis-owned worldwide from a libertarian perspective.
The United States is helping the interim Iraqi government continue to make major economic changes, including cuts to social subsidies, full access for U.S. companies to the nation’s oil reserves and reconsideration of oil deals that the previous regime signed with France and Russia.
The fleet of hybrid buses that General Motors
promised would save Seattle more than 750,000 gallons of fuel a year
will actually save less than half that amount, according to the
fleet operator, and although G.M. said the hybrid buses would show a
fuel economy improvement of up to 60 percent, the savings around the
country appear to be in the range of 10 percent to 20 percent,
transit managers say.
