Industry

It’s the end of the world (as we know it)

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This article concisely summarizes most of what has been discussed in Energy Bulletin over the past few months regarding Peak Oil. Reading all this news, I realized we are now actually facing The End of The World (As We Know It). I struggled for awhile with how to write about this. Despair is not the answer.

Stupak stunner: Oil well’s blowout preventer had leaks, dead battery, design flaws

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A senior House Democrat said that the blowout preventer that failed to stop an oil leak in the Gulf of Mexico had a dead battery in its control pod, leaks in its hydraulic system, a “useless” test version of one of the devices that was supposed to close the flow of oil and a cutting tool that wasn’t strong enough to shear through joints that made up 10 percent of the drill pipe.

Replacing coal with green jobs in Navajo Nation

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As a small girl, Enei Begaye knew to be quiet when visiting friends’ houses. Nearly everyone in the 4,900-person town of Kayenta, Arizona, part of the Navajo Nation, worked in the area’s coal mines, Black Mesa and Kayenta, which operated twenty-four hours a day. Begaye and her friends would play quietly so they wouldn’t disturb sleeping elders back from the night shift.

Please let laissez-faire go

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The prevailing neo-liberal ideology to which the UK is wedded rests on the idea of completely open borders to trade and capital flows. It is a dog-eat-dog world that places market competition as the prime motif of economic policy-making. Companies are free, even encouraged, to have their products made wherever it is cheapest to do so and to export them into the UK rather than have them manufactured locally.

The Gulf of Mexico oil spill: an accident waiting to happen

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The oil slick spreading across the Gulf of Mexico has shattered the notion that offshore drilling had become safe. A close look at the accident shows that lax federal oversight, complacency by BP and the other companies involved, and the complexities of drilling a mile deep all combined to create the perfect environmental storm.

Another wake-up call for the world’s biggest oil junkie

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The explosion and destruction of the Horizon deepwater rig and the subsequent oil spill disaster are only the latest in a series of wake-up calls you’ve received. Are you listening now? Your first warning came in 1956, with the publication of M. King Hubbert’s model of US oil production, which correctly predicted its peak in 1970. When Hubbert updated his model on camera in 1976, he also nailed the peak of worldwide conventional oil production in 2005.