Peak Oil And The Tea Party Movement

Time Magazine recently had an article (Why the Tea Party Movement Matters) that looked at the latest manifestation of populism in the United States, with widespread discontent at the state of the US economy and the US political system, particularly the lack of transparency evident in many government initiatives ranging from the bail-out of the financial system to proposed changes to healthcare, along with discontent about costly wars in the middle east that seem to be never-ending.

Economics – Mar 8

-S&P Rally Slowed by Fastest Cash Depletion Since 1991
-Economists: Another Financial Crisis on the Way
-Thousands rally on campuses, streets for schools
-China’s worthless economic statistics
-Murray Bookchin on Growth and Consumerism
-Swaps and Robbers
-We’re all PIGS now
-The Great American Bank Robbery

The Story of Transition Tales

This is the story of Transition Tales, a small group within Transition Town Totnes. One of the aims of this project is to raise awareness within Primary and Secondary School children of the transition solution of community led response to the twin challenges of Peak Oil and Climate Change by creating positive stories.

‘Peak Demand,’ Yes, But Not the Nice Kind

When oil crossed $120 a barrel for the first time in May 2008, oil cornucopians knew they were in trouble. Prices had quadrupled in just five years, yet had failed to bring new production online. Regular crude had flatlined around 74 million barrels per day (mbpd). The case for peak oil was looking stronger with every new uptick in crude futures.

Requiem for a dying city

Unions, very much like the bulk of the population, are still trapped in this ideology of perpetual progress, yet cannot help noticing the continuous degradation of most people’s living conditions. The result of this cognitive dissonance between the grandiose expectations of the ideology of progress and the bleak reality, is a curious combination of helplessness, despair and anger..

Saudi Aramco Loses Count, Drills Too Many Wells In Ghawar

The Haradh III development at the southern tip of the Ghawar oil field in Saudi Arabia, completed in 2006, has been portrayed by the national oil company Saudi Aramco as the turning point in the battle between geological adversity and engineering prowess…Aided by 3D Seismic images showing fracture locations, well sites were optimized and drills were guided by remote control from Dhahran….Lots of glowing articles were published, and the man in charge eventually rode off in glory to solve the rest of the world’s oil production problems.