Insight and inspiration in turbulent times.
The Bush Administration in a second term may have a strategy for itself and its powered elite: to be the “last man standing,” adopting the strategy author Richard Heinberg describes as the worst possible reaction to global oil peak.
Many energy experts predict that not only won’t the price decline last long, but Americans soon will have to say goodbye forever to plentiful, cheap oil.
Even with new discoveries, increasing domestic demand means Australia will need to import more and more of its oil over time.
Neither President Bush nor his Democratic rival, John Kerry, has shown the vision demanded by the critical problem of the nation’s overdependence on depleted fossil fuels.
World oil prices rose on Thursday after Russia’s largest oil producer, Yukos, said a court ruling “paralyzes” the company’s operations.
With the price of oil hovering around US$40 per barrel, it is easy to assume that the oil-producing countries are laughing all the way to the bank. Indonesia, a seasoned player in the yo-yo market of oil revenue, has been careful not to take the current financial windfall too far, however, and for good reason.
A development of oil and gas reserves could break a geopolitical logjam between Russia and Japan that has endured since World War II.
Soaring oil prices have raised the stakes in China’s game of brinkmanship over the hotly disputed Spratly Islands, with the Philippines this week becoming the first rival claimant to break ranks.
All you need to know about Peak Oil in 5 Minutes. Delightful cartoon presentation in four parts.
Extra troops are deploying to the southern Nigerian city of Port Harcourt in support of police battling armed gangs linked to local political groups and an illicit trade in stolen crude.
This is a detective story that gets to the innermost core of the 9/11 attacks. It places 9/11 at the center of a desperate new America, created by specific, named individuals in preparation for Peak Oil: an economic crisis like nothing the world has ever seen.
What’s really behind the recent redeployment of U.S. military forces? Making sure no one messes with American access to global energy resources. An excerpt from “Oil: Anatomy of an Industry.”
