Insight and inspiration in turbulent times.
-Why America should thank BP
-Nigeria’s agony dwarfs the Gulf oil spill. The US and Europe ignore it
-BP oil spill: Shares fall further
-BP’s OTHER Spill this Week
-The real cost of cheap oil
-What Will it Take to End Our Oil Addiction?
Two months ago the PBS show, “NOW,” examined the issue of hydraulic fracturing and its apparent environmental and health impacts. PBS built its story around the exceptional efforts of Josh Fox, the maker of the recent award-winning documentary, “Gasland.”
As the Deepwater Horizon rig disaster continues to unfold, the peak oil community has a “teachable moment” in which it can illuminate the reality of our energy plight. The public has had a crash course in the challenges of offshore oil, and learned a whole new vocabulary. They are more aware than ever that the days of cheap and easy oil are gone.
Following the failure of the latest efforts to plug the gushing leak from BP’s Deepwater Horizon oil well in the Gulf of Mexico, and amid warnings that oil could continue to flow for another two months or more, perhaps it’s a good time to step back a moment mentally and look at the bigger picture—the context of our human history of resource extraction—to see how current events reveal deeper trends that will have even greater and longer-lasting significance.
A weekly review including:
– Oil and the Global Economy
– Deepwater Horizon
– Quote of the Week
– Briefs
It is embarrassing to be lost. It is even more embarrassing for a leader to be lost. And what’s really really embarrassing to all concerned is when national and transnational corporate leaders attempt to tackle a major disaster and are found out to have been issuing marching orders based on the wrong map. Everyone then executes a routine of turning toward each other in shock, frowning while shaking their heads slowly from side to side and looking away in disgust.
Good and bad news from the Gulf of Mexico. Operation ‘top kill’ appears to be holding the hydrocarbons down, as ODAC News goes to press, but officials estimate the leak was much bigger than BP claimed and now ranks as the worst in US history…
So the Queen’s Speech has set out the policy priorities for the new government, but were the policies announced a cop-out or do they set out a wartime mobilisation scale of response to climate change and peak oil? These reflections are based on the article about the speech that appeared in yesterday’s Guardian.
A midweekly roundup of peak oil news, including:
-Prices and production
-Deepwater Horizon
-President Obama: Fed Gov’t in Charge of Efforts to Contain Oil Spill, Not BP
-BP and the Annals of the Tin Ear
-‘Top kill’ method ‘slows BP oil leak’ in Gulf of Mexico
-Setback Delays ‘Top Kill’ Effort to Seal Leaking Oil Well in Gulf
As we wait for the results of yet another effort to plug the leaking Gulf oil well, it is a good time to review the forces that are impacting on the energy markets and ultimately the cost and availability of our oil.
The cheap, easy petroleum is gone; from now on, we will pay steadily more and more for what we put in our gas tanks—more not just in dollars, but in lives and health, in a failed foreign policy that spawns foreign wars and military occupations, and in the lost integrity of the biological systems that sustain life on this planet.
