Beyond the Oil-Industry Bloodbath
Forced to reckon with a prolonged period of low energy prices, oil chiefs sought to portray themselves as steely survivors in an industry grappling with spending cuts and asset sales Continue Reading
Opinion: Who Will Be Left Standing At The End Of The Oil War?
« Ford becomes first automaker to join Electronic Industry Citizenship Coalition | Main | Berkeley Lab researchers devise new technique to reduce lignin and increase sugar yields; lowering biomass pretreatment Continue Reading
The Great Global Famine – The Aftermath of Peak Oil
Humanity has struggled to survive through the millennia in terms of Nature’s tendency to balance population size with food supply. The same is true now, but population numbers have been Continue Reading
Foiled by Oil
People do use their oil shares to buy houses, cars, planes and college educations. When crude oil prices hit $140 per barrel, pension funds and college endowments rejoiced. Our 2006 Continue Reading
Oil is now so cheap even pirates aren’t stealing it any more
Stealing the oil from a ship is no mean feat. Oil tankers are enormous, and ships that carry expensive cargo are designed to be difficult to board. Stealing can mean Continue Reading
Just A Distraction
In the end, does the choice of words really matter? The “Yes, we’ve reached Peak Oil” versus the “No, we have not” is a distraction—and I’ve done my part to Continue Reading
The Return of Crisis
Bubbles always burst Financial markets the world over are increasingly chaotic; either retreating or plunging. Our view remains that there’s a gigantic market crash in the coming future — one Continue Reading
Foiled by Oil
“Pemex revenues are down 70% in the past 18 months. That is what Peak Oil looks like.” “Oil in the ground is wealth only on paper – you may own Continue Reading
Is China Hitting Peak Oil?
China pumps more than 4 million barrels of oil a day (only Saudi Arabia, the United States, Russia, and on a good day Canada produce more), but output is expected Continue Reading
The petrodollar age is no more but with it go old certainties
The drop in oil price adds a twist to the forces driving fragmentation and conflict. Vladimir Putin, the Russian president, is being forced to consider a fire sale of state Continue Reading