If a person were to listen to Energy Secretary Steven Chu or National Geographic’s Aftermath: World Without Oil , one might think that our energy problems are fairly minor and distant. We can easily add sufficiently renewable energy to substitute for fossil fuels in a fairly short time frame. All we need to do is put our minds (and pocketbooks) … Read More

Oil Production to Peak in 2014, Scientists Predict Predicting the end of oil has proven tricky and often controversial, but Kuwaiti scientists now say that global oil production will peak in 2014. Their work represents an updated version of the famous Hubbert model, which correctly predicted in 1956 that U.S. oil reserves would peak within 20 years. Many researchers have … Read More

I just sent out a copy of my weekly RickAlert , and was delighted to get a BlackBerry-powered fan letter from a subscriber a few minutes later saying: “Hi Rick! I just love your news letter!!!” It’s sad, but writers live for this type of spontaneity and passion. Since I haven’t been very good at promoting the RickAlert, I thought … Read More

A very common question on forums and Yahoo Answers is how many fish can we stock in a freshwater tank. So what is the good way to know how much fish a tank can hold? Related posts: How To Quarantine Aquarium Fish And Invertebrates Best Way to Acclimate Fish And Invertebrate To Your Aquarium 4 Ways To Cycle A Freshwater … Read More

John Michael Greer: Barbarism and good brandy Think of it this way. The individual photons that heat the planet Mercury each contain, on average, the same quantity of energy as the individual photons that heat the planet Neptune. Is Neptune as warm as Mercury? Not hardly, and the reason is that by the time they get out to the orbit … Read More

Oil giant BP has announced a deal with US independent oil and gas producer Devon Energy Corp which will allow it to begin exploring off the coast of Brazil. The deal, worth $7 billion (£4.7 billion), includes almost a dozen exploration blocks in Brazil, which comprises some of the world’s biggest deepwater oil fields. It

Original Source of BP in … Read More

This is a guest post by Megan Quinn Bachman. The failure of the Copenhagen climate talks taught us one thing—that hoping for intelligent responses to climate change from the world’s governments is an exercise in futility. It’s just not going to happen in time. But my disappointment in government leaders in the U.S. and elsewhere is matched by my admiration … Read More

Crude oil prices varied during the session Wednesday after the US Energy Information Administration said that oil inventories were up 1.4 million barrels last week to 343 million barrels, not as much as the 2.1 million barrel gain which had been expected. Prices rose and fell and by afternoon trade in New York April contracts for

Original Source of EIA: … Read More

This is a guest post by Richard Heinberg. It is a shortened version of a longer post published by the Post Carbon Institute. What if the economy doesn’t recover? In 2008 the U.S. economy tripped down a steep, rocky slope. Employment levels plummeted; so did purchases of autos and other consumer goods. Property values crashed; foreclosure and bankruptcy rates bled. … Read More

Oil King Warns Of ‘Green Bubble’ It’s Ghawar that is of utmost interest to the industry. The biggest oilfield ever found, it has been producing for five decades, often putting out more than 5 million bpd, a level that Aramco has been able to maintain by injecting millions of barrels a day of water into the field to push up … Read More