US: Fertilizer plants shut down
Three stories regarding the pressures of high energy costs on farmers and nitrogen fertilizer producers.
The Mother Of All Oil Shocks Is Looming
In a few years, the global production of conventional oil will fall, while the global demand continues to rise. The resulting shock of this structural oil famine is inevitable, so great are the dependency of our economies on cheap oil and. related to the first, our inability to wean ourselves from this dependency in a short period of time.
Cheap oil is history
For the tens of millions of American motorists patiently waiting for gas prices to come back to Earth, the news from the oil markets is not encouraging.
For the last year, government forecasters have reassured us that the unusually high oil prices we’ve seen since 2002 — around $30 a barrel — were temporary: As soon as global markets recovered from the mess in Iraq, oil prices would drop and gasoline prices would eventually follow.
Guzzling Gas
IN POORER COUNTRIES, a rise in the price of bread can set off a revolution. In this country, the price of gasoline sometimes seems to have the same kind of power.
The Perfect Storm That’s About to Hit: Rising Oil Prices and a Weak Dollar could Shatter the Global Economy
The average nationwide price of a gallon of gasoline in America reached a record high of $1.77 this month. Get ready for what might become the economy’s version of the perfect storm later this summer. The devastation could quickly spread to the UK and the rest of the world, with dire consequences for the global economy.
HAITI & VENEZUELA–COUP & EMPIRE (Part One)
In this two-part analysis, Stan Goff exposes the underlying forces driving the current crisis in Haiti. The recent coup d’etat is only the latest in two centuries of violent transfers of power in that country – but today the regional balance of forces is refreshingly new.
Is Truth Enough? – The Bush Administration’s Lies and the Anti-War Movement’s Truths
A transcription of a talk given to the “Truth and Consequences” Anti-War Forum at the University of Maine, Augusta, Maine, on March 20, 2004.
Shortening the path from farm to you
Fresh and local food … and not just at weekend markets anymore.
THE COMING COPPER CRUNCH
“…With the current growth rate in demand for copper running at over 400,000 tons annually, even assuming all capacity is brought on line, within 3 to 4 years available supply will not be able to meet world demand. Why the looming imbalance? As is so often the case these days, look to China and India, where the rush to build the infrastructure necessary to sustain economic growth is soaking up commodities on a global scale. It is a very good time to start paying attention to copper…”
Forecast Of Rising Oil Demand Challenges Tired Saudi Fields
Energy forecasts call for Saudi Arabia to almost double its output in the next decade and after. Oil executives and government officials in the United States and Saudi Arabia, however, say capacity will probably stall near current levels, potentially creating a significant gap in the global energy supply.
Former Iraqi oil minister calls for Iraq production cap, reservoir repairs
Doubts cast on the wisdom of the US/Iraqi administration going for maximum production from Iraqs degraded oil fields.
The Virtual US Recovery is in Trouble
The period after November is pre-programmed to be one of the most dramatic in US economic history. The Federal Reserve will then try to print dollars like crazy to control the collapse. The impact of the new US economic decline will be worldwide. It will hit just as the first alarming signs of oil peak production impact the world.
