By Tom Whipple, Falls Church News Press
Two weeks ago we discussed the impact that the polar vortex was having on our natural gas supplies and noted that our stocks of natural gas were already 500 billion cubic feet below where they should be for this time of year.
By Kurt Cobb, Resource Insights
Net pay is what you have to pay your bills today. And, net energy is what society has in order to conduct its business (and its fun) on any given day. Is net energy still increasing?
By Kurt Cobb, Resource Insights
There is no U.S. oil and gas export "weapon" to aim at Russia to counter its moves in the Ukraine. The U.S. isn't even supplying its own needs. But you wouldn't know that from media reports and editorials in the last week.
By Resilience.org Staff, Resilience.org
•Wells That Fizzle Are a ‘Potential Show Stopper’ for the Shale Boom •The View from Europe: America’s Shale Boom Looks More Like a Blip •BP carves off US shale gas operations into separate unit •Shale, the Last Oil and Gas Train: Interview with Arthur Berman •Court Upholds Imposing Fracking Ban in Colorado City •Los Angeles Moves Towards Ratifying Fracking Ban, but Is Federal Regulation Possible? •Brakes put on UK shale gas revolution •Fracking health risks must be established now, before the industry grows
By Nafeez Ahmed, The Guardian Earth Insight blog
Resource scarcity, competition to dominate Eurasian energy corridors, are behind Russian militarism and US interference.
By Tom Whipple, ASPO-USA
This week’s trading has been dominated by the Ukrainian situation which sent Brent crude surging by $3 a barrel on Monday before falling to close at $107.76 -- nearly $1.50 below where it started on Monday.
By Tom Whipple, ASPO-USA
A weekly review including: Oil and the Global Economy, The Middle East & North Africa, Venezuela, Ukraine, Quote of the Week, The Briefs.
By Nafeez Ahmed, The Guardian Earth Insight blog
This month alone has seen riots kick-off in Venezuela, Bosnia, Ukraine, Iceland, and Thailand. This is not a coincidence.
By Dmitry Orlov, ClubOrlov
Ukraine is shaping up to be a lot like Yugoslavia, except with more than twice as many people, lots of crazed street fighters who think they now own the place, and a role critical to European energy security. If you aren't in shock about this, then you haven't been paying attention.
By Richard Heinberg, Richard Heinberg's Museletter
Today it is especially difficult for most people to understand our perilous global energy situation, precisely because it has never been more important to do so. Got that? No? Okay, let me explain.
By Tom Whipple, ASPO-USA
Crude has traded quietly this week with New York futures hovering around $97.50 a barrel where they have been for the last two weeks and London around $106 a barrel.
By Ugo Bardi, Cassandra's legacy
The economy of Italy seem to be declining as a consequence of the increasing cost (or - equivalently - declining energy returns, EROEI) of primary energy sources, mainly natural gas and crude oil.