World oil and natural gas consumption vs discoveries: Diverging trends mean trouble
In the oil and natural gas industry it is a truism that you can’t produce what you haven’t discovered. Here’s why current trends are disturbing.
Energy featured
Alberta’s Fiscal Crisis Is Self-Inflicted
Smith gambled that strong oil prices would deliver her chaos-making government a safe ride on the roller-coaster. But if Trump’s Venezuela gambit succeeds, Smith’s increasingly unpopular government could find itself flying off the track all together.
Venezuela’s goo-in-the-ground isn’t usable oil at current prices (and may never be)
Venezuela’s supposedly vast reserves of crude oil aren’t what they seem to be.
Venezuela and the New World Disorder
So the new year has arrived, and the world’s power dynamics are shifting in a new Cold War. A revolutionary U.S. government has revived the Monroe Doctrine, gunboat diplomacy and the primacy of oil. In so doing it has kicked old-fashioned notions of law and sovereignty in the shins with a Putin-like swagger.
The Securitization of Minerals in the EU: Why Europe is Not Immune to the Resource Curse
This article examines how access to mineral raw materials in the EU has been transformed through a process of securitization over the last two decades. What was once mainly a matter of economic policy and trade has been reframed—through narratives constructed by industrial lobbies and political allies—as an existential issue for European security and survival.
Weak signals of the Venezuela war
Like Russia’s frontline blood banks, the Venezuelan bond trade signalled that the preceding furore was headed in a specific direction. And in the increasingly chaotic, ill-defined mess of multipolar politics and climate chaos, reliably finding which ‘weak signals’ matter—and which signals are just noise—will be vital for navigating what comes next.
Behavioral Thermodynamics Part 1: Beyond the 4th Law?
In this week’s Frankly, Nate takes thermodynamics out of the physics classroom, utilizing its principles to explain the invisible forces behind growth, competition, and complexity in our world.
The fusion future that may never arrive
Fusion is periodically touted as the next big thing in energy. Even if it proves commercially feasible someday, that day is far off.
A New Oilsands Pipeline? What Politicians Won’t Admit
Instead of floating grandiose export pipeline projects as solutions to a rising tide of problems, the Canadian government might want to change course.
Fear of spending (and those darn electricity costs!)
It’s worrying about the electric bill with all those lights on. It’s having a light strand die and not wanting to spend money to replace it. A lot of money… It’s maybe even a bit of disengagement with this holiday season. Why bother making a fuss over it…
Inflation, Deflation, & Simplification: The 8 Things That Influence Prices
In this week’s Frankly, Nate explores how the prices we encounter in our daily lives are influenced by not only how much money is in the system, but also by resource depletion, technology, affordability by ‘the masses,’ and trust within a complex global system.
Oil, AI, Electrification and the Next Big Crash
So, what have we got? A global economy staggering amongst geopolitical tension, a bubble to beat all bubbles, and the twin shocks of a (potentially permanent) oil price crash and the EV subsidies ending — and all with the backdrop of worsening climate change driving up inflation and inflicting constant disasters.
