Fossil Fuels

ODAC Newsletter – Nov 5

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Oil rose to a six-month high of more than $87/barrel as the Federal Reserve embarked on a new round of quantitative easing worth $600bn and Saudi Oil Minister Ali al Naimi raised his target oil price to $70-90 per barrel. Shokri Ghanem, chairman of Libya’s National Oil Corporation said the price should be higher still, at around $100/barrel…

Peak Moment 183: Coping with the decline

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This time Janaia’s in the hot seat! In this interview by Jim Fritz on Port Townsend Television, she tackles corporate control and a dysfunctional system that profits from increasing unhealthiness and consuming the planet. She points to Peak Moment guests as models for the average family to gain genuine security. They’re withdrawing from the money system, growing food, and joining neighbors to prepare for emergencies.

Observations on local governments’ preparedness for fuel supply disruptions

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In the wake of the oil supply shocks of the 1970s, the U.S. DOT encouraged the development of regional transportation energy contingency plans. But by the early 1980s, regional and local governments stopped developing transportation energy contingency plans as the threat of fuel supply disruptions diminished, as funding and support for the development of these plans discontinued, and as other more pressing issues emerged. Nearly 30 years later, there are warnings that we are again at risk for potential fuel shortages.

Current and future Saudi and Russian oil production

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One of the inexorable results of the developing shortage of oil is that prices will rise. It is a prospect that does not particularly concern the Saudi Arabian Administration, Minister Al-Naimi having recently inflated the acceptable range for crude up to $90 a barrel, and JP Morgan has recently predicted an imminent rise to $100, a theme apparently now also taken up by Libya. Higher oil costs lead to higher fuel bills, and there is already a report in the United Kingdom that, in consequence , there may already be an increase in winter deaths.

Post carbon university

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The Post Carbon Reader feels like a Chicago book. I know that it’s really a West Coast production, with its eponymous institute located north of the San Francisco Bay area. But this book forsakes the Cassandra cry of a Berkeley activist at a giant redwood tree-sit. Likewise missing is the smooth scenario-spinning of a Silicon Valley venture capitalist at a TED conference. It’s an encyclopedia that seems more at home among the leering gargoyles and faux-Gothic spires of Hyde Park than on the sun-kissed lanes of Sonoma wine country.

Hell announces pilot colonization program

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Hell today announced a new Pilot Colonization Program to relocate demons, devils, incubi, succubi, and Damned Souls to the surface of the Earth, starting as early as 2012. Lucifer Jr., Senior Executive Vice-President of Hades, explained the rationale behind the new program: “From our perspective, warming Earth temperatures offers an infernally perfect solution for the overcrowding we’ve been experiencing in Hell for the last 66 years. As the planet heats up, Earth will present a terrific opportunity for Hell’s growth and expansion.”