US: Energy Industry, the Party Animals
At lavish invitation-only bashes, corporations can freely spend unregulated dollars to woo political insiders.
At lavish invitation-only bashes, corporations can freely spend unregulated dollars to woo political insiders.
A company called United Nuclear says it can produce hydrogen fuel cells kits to adapt individual cars to running on hydrogen, but there’s more than a few catches…
The Association for the Study of Peak Oil and Gas’s September newsletter is essential reading.
“There are now restrictions forced on us. For two days a week we are not allowed to use any electricity and that means I have to send my workers home,” says Ms Dai.
There’s a growing consensus among experts that the most recent wave of oil price hikes is not mainly the result of market manipulation, refining bottlenecks, or the Iraq occupation but the harbinger of the long-predicted depletion of the world’s extractable oil reserves.
North America’s crude oil resources have been so thoroughly explored and developed that experts believe that there is hardly any left to find, except perhaps in the deep waters of the Gulf of Mexico.
The world is consistently failing to grow enough crops to feed itself, alarming official statistics show. Humanity has squeaked through so far by eating its way into stockpiles built up in better times.
The geopolitics of oil today suggest a backdrop looking less like a benign, happily globalised “one world economy” dominated by America Inc and its assorted “branch plants”, and more a massive, overextended military power fighting a dangerous, and ultimately losing, battle against an angry, resistant globe, of which Russia is but one more growing manifestation.
Michael Ruppert, publisher of From The Wilderness addressed the prestigious Commonwealth Club of California about peak oil and it’s relationship to the events of 9/11.
The former New Zealand minister for the environment and now chairman of the OECD roundtable for sustainable development wrote in 1997 of his knowledge of the impending global oil peak, but did he really understand the implications of what he was saying?
Despite a history that proves fuel cell companies burn a lot of cash but produce precious little energy in doing so, optimistic investors continue to shovel more and more cash into the fire.
Officials at Mexico’s state-owned oil monopoly said Monday that the company has detected massive new oil deposits in the Gulf of Mexico that could potentially double the country’s reserves, but industry analysts cautioned that the company’s findings are still unproven.