How to Bring Down Civilisation
Derrick Jensen thinks the collapse of civilisation, be it deliberate or through oil depletion or any other means, can only be a good thing for the planet.
Fossil Fuels
Oil and Empire in the Middle East
Henry Kissinger’s famous declaration that, “Oil is too important to be left to the Arabs” best expresses the experience of the Middle East over the last century.
UK: BP abandons small firms to concentrate on bigger picture
BP has decided to pull out of supplying small British manufacturers with industrial gas as thousands of businesses are being hit with a near-doubling of energy bills.
US developers see hope in abandoned oil wells
Production from “enhanced oil recovery” peaked at about 750,000 barrels a day in the early 1990s, and has fallen back slightly, with gas “flooding” now viewed as more economical than thermal methods, while chemical treatments have proved to be too expensive.
Saudi Arabia bitter over global taste for sweet and not sour oil
SAUDI ARABIA’s oil minister said his country was ready to pump more oil but it could not find buyers as the Kingdom’s high-sulphur crude was being rejected by Western refineries.
High Oil Prices Jump-Starting Exploration Efforts
With short-term oil prices currently above $50 per barrel and the futures markets predicting long-term prices of around $34 on five-year contracts, signs of a rebound in exploration efforts are suddenly popping up everywhere.
Chart watchers eye $70 peak for oil
Signals are growing that oil’s price surge could push all the way to $70 a barrel, according to the technical analysts who forecast market trends by interpreting chart patterns.
Venezuelan Ambassador: Peak Oil is good for Venezuela
Venezuelan Ambassador to the United Kingdom, Alfredo Toro Hardy writes: Everything seems to indicate that Venezuela is at the end of the tunnel and about to enter into a new period of prosperity.
Energy transition and final energy crisis
The current ‘oil price crisis’ in reality reflects an emerging and permanent supply crisis for oil and gas (which currently provide about 65% of world commercial energy).
Pouring oil on troubled economists
My sense of last weekend’s G7 meetings is that there is an atmosphere of suppressed panic about the oil price, and about the danger of a serious crisis.
Top oil groups fail to recoup exploration costs
The report shows the commercial value of oil and gas discovered over the past three years by the 10 largest listed energy groups is running well below the amount they have spent on exploration.
Turning coal waste into light
In a distressed region of Pennsylvania, Reliant Energy is turning to poisonous piles leftover from decades of mining and using it to power a new plant
