Oil Production » crisis

Peak Oil & Climate Change Conference: Path to Sustainability

admin — Thu, 15 Apr 2010 00:51:05 +0000

Gasoline prices are rising. Food prices are rising. Mortgage payments are rising.

Things are getting tight all around.

Global oil exports have peaked, and the world is now entering an unprecedented energy transition that taking the world economy by surprise.

How will declining oil exports impact individuals, businesses, communities and entire nations?

How do economy, energy, and environment relate to each other and foretell the challenges of tomorrow?

Join with a broad array of professionals, community leaders, politicians, and concerned citizens to explore the causes of these economic changes. Learn how the economy responds to climate change, biodiversity loss, population growth and other factors of global importance. Find out what can be done to prepare and build resilience for this uncertain future.

Come to “The International Conference on Peak Oil and Climate Change: Paths to Sustainability”. Featuring over 40 speakers, including high-powered, international presenters Richard Heinberg, Dr. David Goodstein, Megan Quinn Bachman, Julian Darley, Stephanie Mills and Pat Murphy, the uncertainties of economy, energy, and climate will be illuminated in this important and timely gathering.

The event begins on Friday evening, May 30 and continues through Sunday, June 1, 2008. The venue is the Fine Arts Center of Calvin College in Grand Rapids, Michigan. Registration is now open and includes full access to the conference, as well as lunch on both Saturday and Sunday.

Space is limited. Register now for this unique and timely conference on the economy, energy and our environment.

For more information and to register, please visit:

http://www.SustainabilityConference.org

The conference will explore a vast array of issues including: gasoline prices, oil depletion, peak oil, hubbert peak, world oil production, diesel prices, petrol prices, oil exports, petroleum, climate change, global warming, overpopulation, population growth, overshoot, carrying capacity, biodiversity loss, mass extinction, unsustainability, foreclosures, mortgage rates, financial markets, stock market crash, depression, recession, inflation, deflation, stagflation, economic collapse, sustainability, local food systems, the future, renewable energy, permaculture, localization, localism, globalization, relocalization, and much, much more. See the web site for more information. Also available at:

http://www.PeakOilConference.org

Duration : 0:4:44

[youtube q37-4Ud6gRs]

huge governmental gold sales behind the scenes ( Max Keiser ) crude oil price China

admin — Wed, 31 Mar 2010 02:16:03 +0000

huge governmental gold sales behind the scenes, american soldiers working to supply oil to China, pickpocketing because of red tide toxic algae, us treasury rigging the market in summer of 2008 to jack up the value of the dollar and lower the price of crude oil, recorded on September 20th 2008

Duration : 0:4:33

[youtube gOWKx32oN8U]

Peak Oil happened in 2007 or was it 2006 part 2 of 2.MPG

admin — Mon, 22 Mar 2010 00:46:23 +0000

It doesn’t help that Nixon canceled the 1944 Bretton Woods economic agreement and Bill Clinton abolished the Glass Steagall Act which had required a responsible banking structure; commercial banks had to be separate from investment banks and were not allowed to gamble with deposits, pension funds etc. Hundreds of trillions of imagined dollars, more than what the world’s economy and capital infrastructure are worth, are on the books of a few banks now essentially as an expression of a modern feudal status. This feudal class of bank executives that managed to secure about half of total bail out funds for personal benefits, in order to distinguish itself requires impoverished and debt enslaved masses. Free trade in the banking sector represents 21. century Letters of Marque to the banks, royal authority for robbery. The result has been a focus shift, a harmful influence on the economy for many years now. There is a neglect of investment into the economy, infrastructure and into sustainable productivity by banks and in extension by governments. Real money and monopoly money don’t mix, that is one problem of the bail out heist which in the meantime has swollen 12 fold from 700 billions to 8.5 trillions in the US alone. US government debt is doubling as we speak, in a vital sense tying the hands of the Obama administration to fix anything as economist Michael Hudson but also the writer, researcher and former investment banker Nomi Prins point out. In combination with the industrial stuff of life, oil, diminishing, a perfect, global storm of destruction has broken loose.

Business operations are complicated and cant just come and go with the moody speed of an extreme crude price volatility; even a lot of oxygen will not do much for a dead patient. The shrinking flow of crude oil had stopped the flow of inflated capital.
Sounds like a straightforward reason why Wall Street was caught with their pants down right after the Peak Oil generated crude oil prize shock and not some other time?

The all important sweet, light crude comes from 400 big, tired fields producing 75% of all oil and representing only 1% of all fields and they are on line since the 70s and from before. After all, the peak of new oil field discovery was in the year JFK was assassinated, 1963, a very long time ago. Between then and now there lies a long, steep and hardened slope of decline for total new oil discoveries. There is no recovery for a national oil economy and not for a global oil economy. Economic activity will feel in a short coupled way the boa constrictor like tightening grip of a more and more shrinking oil production the instant it wants to take a breath. Then the crude prize will spike way up and throttle economic activity.
Crucial time was wasted since Reaganomics killed an already fledgling green energy conversion in the early 80s which we are reminded to by Bushs and Harpers free trade platitudes at the 2008 Doha trade talks and now at the APEC meeting in Lima; At this point Harpers globalization talk scares investors, Reagan had more listeners for his fantasy ideas. Lets all give our heads a shake, walk up a mountain, or do whatever it takes to think it over.
A good time to remember the journalist Edward R. Murrow who fought ideologues and censorship in the McCarthy era and who was known for his trade mark closing line on the CBS evening news casts: Good Night and Good Luck.

Duration : 0:0:3

[youtube 6wblZuwL3JE]

Oil producers to oust dollar?

admin — Sat, 06 Mar 2010 22:00:07 +0000

A report in the UKs Independent newspaper says Brazil, China, Russia, Japan and the Gulf states plan to stop using the dollar in oil trading. The newspaper claims the countries have been in ongoing secret talks on the matter.

Duration : 0:3:26

[youtube 1JpGL0B8vTQ]

Be Prepared 1-B. The Impacts of Peak Oil

admin — Sat, 20 Feb 2010 03:55:50 +0000

A powerful, balanced introduction to what happens when the world’s oil production goes into decline. Later videos look at the impacts on Australia in particular, other global stresses such as our unstable economic system, and how best to prepare for the coming changes. These videos are all part of the Be Prepared Crash Course from http://www.BePreparedEducation.com.au

Duration : 0:8:56

[youtube NyKl9gDYDHo]

Matt Savinar is interviewed by Jim Puplava, (peak oil) – part 1

admin — Sat, 20 Feb 2010 03:55:26 +0000

Audio clip (2004)

Predicts that debt can not longer grow or be served when oil production falters. Savinar is a bright analyst, and proves it here.

Duration : 0:9:55

[youtube cBFYYA3g8ig]

Matt Savinar is interviewed by Jim Puplava, (peak oil) – part 4

admin — Wed, 17 Feb 2010 01:45:44 +0000

Audio clip (2004)

Predicts that debt can not longer grow or be served when oil production falters. Savinar is a bright analyst, and proves it here.

Duration : 0:9:57

[youtube y9xrhQEk_48]

Food Crisis in Liberia – The World Bank

admin — Wed, 17 Feb 2010 01:45:17 +0000

World Bank Group President Robert Zoellick is calling on leaders of the world’s richest countries and major oil producers to act now on surging food and oil prices.

Zoellick says the world is entering “a danger zone,” and about 10 billion US dollars are needed to meet the short term needs of the places and people hit hardest.

Liberia is one of those…rising food prices have pushed 200 thousand people into poverty there.

Duration : 0:2:5

[youtube 5fDujvXYP5c]

Crash Course: Chapter 17b – Energy Budgeting (1 of 2) by Chris Martenson

admin — Sun, 14 Feb 2010 04:17:05 +0000

Chapter 17b – Energy Budgeting (1 of 2): Petroleum has supplied the surplus energy that has allowed for social complexity, industrialization, and the modern conveniences that we enjoy. In this chapter, Dr. Chris Martenson explains that in the future our supply of surplus energy will decline due to the fact that increasing amounts of energy will be required to produce new energy. When poor net energy (ERoEI) returns are paired with peak oil production, it points to a return to a less complex society.

http://www.chrismartenson.com

Duration : 0:6:48

[youtube ASO8izbYNYc]

Hubbert ’s OIL PEAK Theory

admin — Thu, 04 Feb 2010 14:32:21 +0000

Peak oil is the point in time when the maximum rate of global petroleum production is reached, after which the rate of production enters terminal decline. If global consumption is not mitigated before the peak, a world energy crisis may develop because the availability of conventional oil will drop and prices will rise, perhaps dramatically.

1976 video clip, when M King Hubbert speaking about world oil depletion and explaining the concept of peak oil.

Duration : 0:1:59

[youtube usJoqXTvGZ0]