Insight and inspiration in turbulent times.
Saudi Arabia’s net liquids exports are not growing commensurate with oil demand in Asia, the destination of 70% of Saudi oil. If something were to happen in this country impacting on oil production and/or oil exports, this would worsen the situation and hit Asia’s and therefore the world’s economy.
A changing energy system is posing “critical questions” for many of the world’s largest oil and gas producing countries, the International Energy Agency (IEA) says.
As DeSmog’s series on the finances of fracking has documented, there is no doubt fracking can lead to production of large volumes of light oil, but it comes at the cost of approximately a quarter trillion dollars more than the industry has made since 2007.
A moratorium could take the form of a fossil fuel non-proliferation treaty. The threat of nuclear catastrophe provides a precedent for how, quickly, to stop a bad situation getting worse.
Battles over new shale gas and oil pipelines involving Energy Transfer, formerly known as Energy Transfer Partners, have heated up in recent weeks — an escalation that carries a tilt, as one side stands accused of acts of violence.
Today, the notion of public service seems as quaint as a local post office. We expect those who govern us to grab what they can, permitting predatory banks and corporations to fleece the public realm, then collect their reward in the form of lucrative directorships.
A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) and the Sightline Institute detail the “alarming volumes of red ink” within the shale industry.
What are community choice aggregations, or CCAs, and why are they suddenly playing such a huge role in wholesale power markets?
To my mind, one of the main sources of collective stupidity in modern American society is our pervasive bad habit of short-term thinking. It’s embarrassingly rare for anyone in American public life to stop and say aloud, “Hold it. What’s going to happen if we keep on doing this for more than a few more years?”
Coloradans will vote on a ballot initiative in November that requires new oil and gas projects to be set back at least 2,500 feet from occupied buildings. If approved, the measure – known as both Initiative 97 and Proposition 112 – would mark a major change from their state’s current limits: 500 feet from homes and 1,000 feet from schools.
The basic ideas in the behavior of complex systems are always the same, especially when dealing with collapses: complex systems are complex because they are dominated by the mechanism we call “feedback.”
Oil could have provided all the substitutes needed to end the whale industry, but instead fossil fuels energized the killing.
