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Category Archives: Peak Oil
OK, I was wondering how this was all playing out. Of course peak oil has not gone away, and with the sheer volumes of oil involved the peak could only be postponed a few years by shale oil. The Guardian … Continue reading
Yep, fracking’s here to save America from peak oil. Or not. 1. Oil is a globally traded commodity. Increased production from America domestically doesn’t decrease prices locally. It’s a global price, reflecting global supply issues. 2. While America’s going up, … Continue reading
Fracking might post-pone peak oil, but given the sheer growth of working class jobs in fracking in America (and America’s addiction to cheap hydrocarbons) it will be *impossible* to prevent a climate catastrophe. There’s just too much momentum in the … Continue reading
This photo essay truly blows your mind. It’s the sheer scale! LOOK what we are doing to the environment to quench our thirst for oil! Hat tip to One Salient Oversight for this link!
That has some pretty significant consequences. Of the 11 recessions the US has experienced since World War II, 10 have been preceded by a sudden change in oil prices. The US isn’t alone, either. Italy’s entire trade deficit, which has … Continue reading
ABC’s Catalyst reports that the IEA have moved their position from one of peak oil Denialism to it being a real and present danger. But did anyone take notice? The Sydney Morning Herald saw it. Whereas five years ago the … Continue reading
Great — I just knew when Aussies finally got their heads around peak oil they’d forget all about global warming! “We can be the Wal-Mart of energy. This could actually put peak oil for this country off for two generations,” … Continue reading