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What’s up with oil prices? Well, it’s not speculators, and there’s no relief in sight, meaning at least five more years of high prices with no easy fixes. The ugly truth? Peak oil isn’t fringe anymore—it’s going mainstream. The dozens of comments to this Wall Street Journal blog post indicate that even in this bastion [...] Peak oil, peak food, peak water, global warming too. Is the root cause of all of these problems that there are just too many people on the planet? The current world population is about 6.6 billion and growing fast. Yet suggesting that we need less people opens up all manner of ugly issues. Who gets [...] Profit from the Peak: The End of Oil and the Greatest Investment Event of the Century, by Brian Hicks and Chris Nelder The title here is maybe a little misleading. This isn’t a get rich quick book nor is it about profiting from the misery of others. In fact, you don’t get get to [...] Why? Stagnant supply Increasing demand Weak dollar Seems clear enough to me. Breakthrough Blog has a fascinating post focusing on two bloggers from India who challenge the asceticism and anti-modernism of Gandhi, paralleling that with the similar views of the ascetic wing of the environmental movement A few quotes to give the flavor. When they hear Western environmentalist lionize Gandhi and moralize against coal burning in India, [...] This due to decreased production in their monster Cantrell field. They say it could be for up to two years, but given that Cantrell is in decline, it’s difficult to see how production will ever return to what it was, something which will have profound impact upon both the US and Mexico. Watched a documentary recently about the Black Death. The known world had death rates of 25-50%. Think about that. No family was spared. Things got completely psychotic for a while, what with flagellants whipping themselves publicly (when they weren’t partying with the fair maidens) and Jews being slaughtered (surely they must be to blame, [...] A suburb eating robot. The two front legs crush and process the suburban houses, and turn them into materials ready for recycling (naturally, being giant robots, the compacted materials are fired off in missiles to the recycling plants). The middle and rear-legs slowly but surely terraform the earth left behind. Flora and fauna [...] Energy investment bank CEO Russell Simmons on what happens if (when?) India and China develop like Japan did in the ’50s and ’60s. “If that happens, then we need to be prepared for for one of two things: either bringing on supply to the tune of a new North Sea every two or three years [...] Sliding down Hubbert’s Curve…. |  | ||||
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