January 2010 US Natural Gas Update

Natural gas prices continue their recovery. Cold weather has caused high levels of space heating that have resulted in reduced gas storage inventories. Henry Hub spot prices have recovered from their September $2.18 low to an average price of $5.56/MMbtu in the week ending January 22, 2010 (Figure 1). The average daily spot price for 2009 was $3.95/MMbtu…

A short history of peak oil preparation

Frankly, when I first learned about peak oil, I was a bit freaked out. But after time, a little too much wine, a lot of research, and some productive action, I recovered, and went on to slowly change my attitude, expectations, and lifestyle to accommodate a radically different reality from the one I previously knew.

Richard Heinberg: Peak Coal and Blackout (book review)

Richard Heinberg is an important figure in the world of those interested in the energy crisis and its consequences, and one of the rare few, along with James Kunstler, to have had their work at least partially translated into French…His latest book, Blackout: Coal, Climate and the Last Energy Crisis, is dedicated to coal, and has aroused considerable interest, and this all the more so because it highlights a problem which had previously only been mentioned in relatively confidential reports: the imminent depletion of coal reserves.

Swingtime

A lot of things started shaking loose last week, and not just in Haiti.  The Scott Brown senate seat victory in Massachussetts shook loose a Democratic “super-majority” that only had to be constructed because the US Senate stupidly turned the filibuster into standard operating procedure where it once was a seldom-used procedural dodge employed strictly by villains seeking to paralyze the chamber.  Thanks to the new system, the senate is now in a continual state of paralysis.