Oilwatch Monthly March 2010
The March 2010 edition of Oilwatch Monthly can be downloaded at this weblink (PDF, 1.24 MB, 33 pp).
The March 2010 edition of Oilwatch Monthly can be downloaded at this weblink (PDF, 1.24 MB, 33 pp).
When I graduated from college, I was trapped underneath a mountain of debt. I had no money in the bank, $25,000 worth of student loans, and an interesting, but low-paying job doing research on economic and environmental policy…After adding up rent, food, loan repayment, and other basic expenses, I didn’t have any money left at the end of each month. It became obvious very quickly that I was stuck – I didn’t have something that I truly desired: breathing room.
A weekly roundup of peak oil news, including:
-UK Summit to Discuss Peak Oil
-Prices and Production
-China – Droughts and Bubbles
-Quote of the week
-The Briefs
In the last year I’ve read several articles expounding on the many non-OPEC* oil discoveries that have been made in recent years and how large the oil resource is within the non-OPEC sphere of the world. The objective of these articles is to reassure the reader that all is well for non-OPEC oil production, now and in the foreseeable future. If all is so well outside OPEC, one must ask why the non-OPEC oil production rate has not exceeded the level achieved in 2004 in spite of the elevated price of oil since then.
Solastalgia – 1. A feeling of loss at demise of Earth; mourning for Gaia; profound ennui.
2. Lost connection to nature; an eco-psychological imbalance.
Antidotes: Ecological restoration Permaculture
-A road not taken
-Our Obsession With Stuff Is Trashing the Planet, Our Communities and Our Health
-Richard Heinberg Lecture Peak Oil Pt 1
-Q&A with Chef Dan Barber: Can organic farming feed the world?
-The Global Food Market (VIDEO): Why Do Some Eat Well While Others Starve?
-Throwing the Race for Green Energy
-A Rising Green-Tech Tide Will Lift All Boats
-The war of words over home-produced electricity feed-in tariffs could cost dearly
-Wind resistance
-Marine energy projects approved for Scotland
This paper talks about the likely systemic impacts of peak oil, including the possibility of collapse. With a long publication such as this, it is difficult to know how to present a reasonable subset of the material. In this post, we are publishing the Summary as Part 1. Our tentative plan is to publish three additional excerpts from the paper later. Those who wish to read the paper now can download it from the link above.
A collapse in demand for petroleum products happened in the late 1970s and early 1980s. JD, proprietor of the blog Peak Oil Debunked, examined this briefly in this 2007 post about what he termed ”The Big Glitch”…
The “Peak Oil” concept — that the world’s petroleum-production rate will soon reach its maximum and commence an inevitable decline, with negative economic consequences — has been around in scientifically articulated form at least since 1998; long enough to see it confirmed in significant ways.
A few weeks ago, I had the opportunity to do a freewheeling, videotaped chat with StockTwits founder Howard Lindzon on the present and future realities of energy…Topics included peak oil, the end of economic growth, reversing globalization, oil prices, alternatives, and lots of other topics.
A midweek roundup of peak oil news, including:
-Prices and production
-China