El Paso Woes Show Capital Intensity Of US E&P Business
El Paso Corp., the largest U.S. natural gas pipeline operator and still one of the largest producers, recently disclosed a sharp decline in its quarterly natural gas production.
Fossil Fuels
ASPO June newsletter online
ASPO’s 42nd newsletter is a must-read.
The End of Oil
Oil, besides being a whole lot of political trouble, is approaching its production peak. What to do?
The boom that only oils the wheels of corruption in Equatorial Guinea
When oil was found in 1996 in Equatorial Guinea, the former Spanish colony in West Africa was one of the poorest countries in the world. Today, this small and sparsely populated country of 465,000 inhabitants has an offshore production of 350,000 bpd, making it the third largest sub-Saharan producer of oil, behind Nigeria and Angola. According to the African Development Bank, a year after oil was found, gross domestic product went up 76 %.
Losing The Battle With Entropy
Without cheap oil, the only safe option is to start dismantling our complex economies
COUP D’ETAT: The Real Reason Tenet and Pavitt Resigned from the CIA (excerpt)
The CIA are staging a subtle coup against Bush and Cheney over the Plame Case writes Michael C. Ruppert.
Is the world’s oil running out fast?
If you think oil prices are high at $40 a barrel then wait till they are four times that much.
How will you pay to run your car? How will you get the children to school? How will you heat your house? How much will transported food go up in price?
How will we pay for plastics, metals, rubber, cheap flights, Simpson’s DVDs, 3G phones and everlasting economic growth?
The basic answer is, we won’t.
This is the message from the Association for the Study of Peak Oil (ASPO).
Peak Oil and Permaculture: David Holmgren on Energy Descent
David Holmgren, co-originator of the permaculture concept and author of ‘Permaculture: Principals and Pathways Beyond Sustainability’, speaks with Adam Fenderson from Energy Bulletin.net about permaculture and its role in an energy constrained world.
Quest for energy is race against time
New forms of energy need to be developed quickly or else the world faces a cataclysmic economic and environmental future writes Jeremy Leggett
Raymond urges “constructive relationships” with oil-producing nations
“We simply do not yet have the economic solutions or technologies that would permit us to meet future energy demands without carbon emissions growth,” Exxon Mobil chairman Lee R. Raymond said.
East Asia readies emergency measures to overcome oil supply concerns
Facing runaway oil prices and security fears, East Asian officials meeting in Manila will make emergency plans that included creating oil reserves and finding alternative sources for their energy imports.
Middle East: EU Modifies U.S. Plan On Promoting Regional ‘Democracy’
The European Union says it has modified an ambitious U.S. plan to promote democracy in the Middle East. [propaganda warning]