Combating ‘The End of Suburbia’
The DVD The End of Suburbia “looks directly at the reality of resource depletion, encouraging us to face that squarely, while inspiring the viewer to imagine creative solutions.”
The DVD The End of Suburbia “looks directly at the reality of resource depletion, encouraging us to face that squarely, while inspiring the viewer to imagine creative solutions.”
With no viable plan for developing renewable energy, America will soon find itself pulled into an economic black hole as China, Japan and Europe build new economies based more on wind and solar power.
A union leader threatened Tuesday to extend a four-day nationwide strike in Nigeria that has helped push world oil prices to record highs.
Oddly enough, I’ve been cheering on a “Marxist Dictator” of late. Not that I’m a no good pinko commie red mind you… no, but I am rooting for Hugo Chavez as he’s poking the Plutocratic forces at play outside Venezuela.
Those who believe that abundant deposits are waiting to be discovered are misguided, said Mr. Buckee, who holds a Ph.D. in astrophysics from Oxford University. “There is precious little in the world now that isn’t known about or hasn’t been tried,” he said. “I don’t think there is going to be any new Middle Easts or Saudis hanging around. There aren’t many unexplored basins.”
Oddly enough, I’ve been cheering on a “Marxist Dictator” of late. Not that I’m a no good pinko commie red mind you… no, but I am rooting for Hugo Chavez as he’s poking the Plutocratic forces at play outside Venezuela.
There has been suggestion the U.S. import ‘cheap’ (i.e., nearby supplies priced at variable cost) LNG into the U.S. as a way to apply downward pressure on domestic natural gas prices. However, The U.S. will not be able to attract substantial volumes of spot LNG because there is little supply not committed to firm European and Asian contracts through 2005.
The fact is UK oil and gas, which has given a big boost to the economy for the past two and a half decades, is running out fast. At current rates of extraction, the last drop of oil could be sucked out of the North Sea fields in about 10 years’ time.
An off-planet view of economic theory and its applicability when dealing with limited primary resources.
Saudi Arabia, the world’s safety valve for oil, may soon lose its ability to make up production shortfalls from other countries.
While there is no doubt that global oil output will attain peak levels, the current rise in prices reflects a more worrisome phenomenon: America’s growing dependence on imported petroleum from unstable and unfriendly countries.
Oil prices have surged to record highs above $54 as a fire at Nigerian export pipeline becomes the latest threat to consumers’ efforts to build winter heating fuel inventories.