Insight and inspiration in turbulent times.
-For first time in years, the world is producing more oil than it needs
-Bill Reinert Describes What the Future of Energy Looks Like to his University of Colorado Audience
-The Saudi Oil Problem
-Citi’s Ed Morse Has A Huge Note Blasting Everyone Who Believes In Peak Oil
-The Oil Bubble Is Popping, But Will It Pop Down To $67?
-Aggregate factors in the price of oil
The military imperative is to prepare. In many ways, it’s leading the way in the development of new energy sources, said Brandon Fureigh, advocacy director for the Truman National Security Project. And with a massive budget and an oversized carbon bootprint, the military is in a good position to drive innovation. “The military has always been a good testing ground for technology in general and one reason is they have a large budget,” he said, noting how ideas sparked by military research trickle into the general business arena. Its budget for clean energy has tripled in the last four years to $1.2 billion.
-Shale energy triggers bean rush in India
-Halliburton blames guar bean shortage for profit warning
-Shale Gas: Fracking great
-Lawmakers air frustration over federal attention to shale
-China’s shale future: not as bright as promised?
-Gas rebranded as green energy by EU
A three-year summary of America’s first carbon trading program was released yesterday. The news is pretty good for anyone who cares about reducing carbon emissions; it’s inconvenient for anyone hell-bent on preventing America from implementing a carbon pricing plan.
In thousands of ways, UN policy helps shape how we respond to emerging crises, from basic poverty to world political events, from food to climate change and population. What is emerging, however, is that UN analyses are increasingly diverging from reality – as they attempt to describe our future, they have failed to adequately (or at all) take into account that most basic of all considerations, material limits on energy resources.
-Storytelling our energy future – Chris Nelder
-The Peak Oil Crisis: The Edisonian Approach – Tom Whipple
-Efficiency and Conservation Not Enough to Achieve Energy Security
Fears that Spain may be heading for a bailout, weaker than anticipated US growth, and signs that China is not about to embark on any major fiscal stimulus saw oil prices drop again sharply on Wednesday. May has now seen the biggest monthly oil price drop since December 2008. Should the decline continue we will soon be in territory which makes the marginal, more costly to produce barrel uneconomic.
-Brent Oil Falls Below $100 A Barrel For First Time Since October
-Greece Finding Crude Oil Increasingly Hard to Come By
-Dr. Colin J. Campbell discusses changes in world energy supplies [video]
-Was tun, wenn das Öl versiegt? [audio]
-IEA’s golden rules for gas are missed opportunity
-Campaigners’ anger over agency’s shale gas report
-Using shale gas over coal does not help climate, says big gas investor
-Shale play a worry for Bexar ozone
-Fukushima radiation higher than first estimated
-Fukushima gets mixed radiation report from WHO
-Weakened Fukushima nuclear pool is not unstable, Japan insists
-Japan’s radiation found in California bluefin tuna
-Reform the Japanese power system. Nationalize Tepco
Jeff Rubin is currently touring his new book, The End Of Growth. As the former Chief Economist for CIBC World Markets he brings an intimate knowledge of financial markets and how they work to the peak oil/end of growth community populated by other venerable thinkers such as Richard Heinberg, Chris Martenson and John Michael Greer.
A weekly roundup of peak oil news, including:
-Oil and the global economy
-The EU crisis
-Iran
-Retail gasoline prices
-Quote of the week
-Briefs
