Media & Communications

Oil Prices Are Not Going to Spike Again Just Yet

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The party isn’t over — at least not yet. For the last year, relatively low oil prices have helped us all cope with the economic collapse. We’ve paid less for gasoline than we have for years. And businesses have paid less for running their factories, planes and product transportation. But last week we began hearing the music die down and waiters moving guests out the door.

Maybe Farming Isn’t Supposed To Make Money

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Talk about heresy. What if food production should not be part of either a capitalistic or a socialistic economy. The first commandment of agriculture states that you must put back into the soil the fertility you take out of it. That being so, the only real profit from food production is how good the food tastes and how well it sustains health and well-being.

Big Crash Coming?

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In More Like A Depression Every Day, I described strong deflationary pressures in the American economy despite the Shock & Awe fiscal & monetary stimulus being applied. The flow of free money is supposed to counter deflation by boosting both asset values and government spending. Economist Nouriel Roubini, otherwise known as “Dr. Doom”, notes that this “wall of liquidity” is inflating asset values, not just in the United States, but all over the world.

Reflections from ASPO: Contradiction, EROI, and Future Energy Supplies

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One feature of this year’s ASPO conference that I most enjoyed was the contradiction amongst presentations. Marcio Mello gave an animated talk on Sunday night about the pre-salt formations off the coast of Brazil quoting that there are upwards of 500 billion barrels of oil available, an extravagant estimate that peak oilers are unused to hearing. Monday morning two talks on natural gas were juxtaposed in tone and content, one claiming that natural gas is the “American Treasure” and the other claiming that shale gas is marginally profitable, let alone a “treasure.”

Path to a peace economy

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I start with a basic truth. A persistent pattern of violence against people, community, and nature is inherent in the institutional structure of our existing economy. You don’t treat a cancer with Band-Aids, and we can’t resolve our current economic crisis with marginal regulatory adjustments. It is time to rethink and restructure.

The great biofuels debate – Oct 27

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-Biofuel Displacing Food Crops May Have Bigger Carbon Impact Than Thought
-Biofuels rather than electric cars to meet renewables target
-Tanzania Suspends Biofuels Investments
-Who says it’s green to burn woodchips?
-Carbon advantage of biofuels may be overstated