Insight and inspiration in turbulent times.
Andrew McKillop is in California to promote his book, ‘THE FINAL ENERGY CRISIS,’ published by Pluto Press and the University of Michigan Press, based on an outline first invited and accepted by the publishers in June 2001.
The oil industry has lavished more than $440 million over the past six years on politicians, political parties and lobbyists in order to protect its interests in Washington, according to a new report by the Center for Public Integrity.
At some point, the Hubbert curve for world oil will enter the down slope. Extraction will become more expensive and, eventually, this fossil fuel – essential for transport throughout the globe – will disappear. It behooves the Nigerian government and all oil producers to begin seek other sources of energy and diversify the sources of revenue.
OPEC hopes to put a lid on stubbornly high crude prices by adding a half million barrels a day to its targeted output.
Canada will boost oil production 38 percent to 3.6 million barrels a day by 2015 amid higher oil- sands output, according to the nation’s oil producers.
The crew of a Hong Kong-registered oil tanker refused to dock in the Iraqi oil terminal of Basra out of fears of terror attacks, the company that owns the ship said Tuesday.
The petrol consortiums and to some extent the governments of Bolivia, Argentina and Chile have woven a tapestry of distortion and cover-ups to hide crucial elements in the United States strategy of forced appropriation of Latin American natural resources.
Population growth and energy demand are exhausting the world’s fossil energy supplies,
some on the timescale of a single human lifespan. Increasingly, sharing natural resources
will require close international cooperation, peace, and security.
“Americans are paying the ultimate price for the oil on Ford’s hands, and today’s protest marks a tipping point in the grassroots movement for an automotive energy revolution.”
The United States, keen to develop new sources of oil supply outside the Middle East, has offered to help Nigeria protect the flow of oil in the Gulf of Guinea and combat terrorist attacks on the oil industry, officials said.
Rivalry for energy, especially oil, between China and Japan on a global scale is unavoidable. From a Japanese perspective, the emergence of a strong and prosperous China is not a pleasant thought.
Economics is the game of tiddly-winks that we can afford to play only in the midst of easy, abundant energy. Energy is the Donut, economics is the Hole.
