Oil

United States & Canada – July 20

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Mark Morford: Here’s oil in your eye
The Southwest desert’s real estate boom (land needed for solar)
Los Angeles is home to new rush of oil drilling

Former officials call for an Earth systems science agency

Carbon capture can break the old energy equation
Both candidates talk the talk on green issues but who can deliver?

Get ready for the last oil war

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Despite the clear evidence of rising depletion limits on Iranian oil production, Western media continues presenting Iran as having the third or fourth-largest oil reserves in the world. This implies oil export ‘underperformance’, repeating media claim’s of Iraqi oil reserves versus its pumping ‘performance’ in the run-up to invasion in 2003.

As tensions escalate between Iran and the West, Andrew McKillop presents a view on the prospects for conflict.

Peak oil is a done deal

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I now believe that the hypothesis of a near or medium-term peak in the world’s oil supply is confirmed beyond any reasonable doubt. A shift in emphasis that speaks to reducing our demand for oil and examining alternatives to oil is now required. I will be taking that road in the future, leaving specific concerns about the oil supply behind.

Get Out of Credit Card Debt! Now!

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We’re often told in the Peak Oil community “get out of debt,” and yet, as we continue to pay the minimum on the credit card each month, it appears to have little effect on the overall balance of the bill. Should we forget about getting out of debt and just start putting up supplies? Not unless you have a crystal ball that tells you when all US banks will fail, and that whatever entity takes them over will be unable to figure out how to collect your monthly payments.
Here are some concrete suggestions on how to break out of the cycle.

Matt Simmons and the Five Psychological Stages of Grief

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This is a wonderful clip. When Matt Simmons was recently asked to go on CNBC’s ‘Fast Money’ to discuss the high oil prices, he clearly stunned the presenters with his forthright analysis of society’s current perilous situation. When asked if $147 a barrel is a ‘wake up call’ he replied “yes, but we’re not having a wake up call, we’re having a witch hunt for who got us here”, a succinct analysis of the current world situation.

Rob Hopkins uses the reaction to the situation by the studio panel to illustrate the Five Psychological Stages of Grief that he believes people go through in coming to terms with this information.