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Peak Oil News 08/19/2019 20:26
The wheel of time rolls forward, never retracing its path, but because it is a wheel, and we are riding in it, a persistent illusion persuades us that the landscape is recognizably the same, and that our doings within the regular turning of the seasons seem comfortably normal.
Peak Oil News 08/17/2019 19:07
Global markets were seized by fear last week that trade wars were slowing growth in Germany, China and the United States. But the story here is bigger than President Trump and his tariffs. The postwar miracle is over. Since the financial crisis of 2008, the world economy has been struggling against four headwinds: deglobalization of […]
Peak Oil News 08/17/2019 18:52
Many columns ago a list of 18 areas was identified affecting the future of humanity and the earth. Among the sublevels identified were energy storage (especially long term), energy conversion, energy system efficiency and energy distribution. As human beings we use energy. At the simplest of levels we use the energy contained in food to […]
Peak Oil News 08/17/2019 10:45
All data below, unless otherwise specified are from the latest OPEC Monthly Oil Market Report. All data is through July and is thousand barrels per day. OPEC crude oil production was down 246,000 barrels per day in July’ There is often a difference between what secondary sources say OPEC produces and what the countries themselves […]
Peak Oil News 08/17/2019 06:45
That was the front-page headline in the New York Times last Thursday, August 8th, announcing a new report from the IPCC, “Climate Change and Land.” I’m kidding, of course. The actual headline read “Climate Change Threatens the World’s Food Supply, United Nations Warns,” and the article did not mention population once. A young girl stands […]
Peak Oil News 08/13/2019 14:52
The oil giant Saudi Aramco is prepared for an initial public offering, its chief financial officer said on Monday, reviving the prospects for a long-awaited listing that could be a major step toward diversifying Saudi Arabia’s economy. The state-owned company has been moving toward greater financial transparency as it courts international investors, and the suggestion that it was […]
Peak Oil News 08/13/2019 14:50
Last Thursday, an eruption at a missile test site on Russia’s Arctic coast released radiation and killed at least seven people, including five nuclear workers. Authorities took days to admit what happened, first spreading disinformation to the public before conceding that there was some kind of malfunction with a nuclear reactor. It appears that the […]
Peak Oil News 08/11/2019 19:29
Wildfires are spreading through parts of the Arctic, including Siberia, Alaska, Greenland and Canada at “unprecedented levels,” according to wildfire expert Mark Parrington from the Copernicus Atmosphere Monitoring Service. According to BBC, the increasing number of wildfires affects air quality as well as conditions on the ground. Fires release toxic pollutants and gases into the […]

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