Mohammed "Don't-worry-be-happy" Aliabadi, Iran's acting oil minister and former Olympics Committee chair, says there is plenty of cheap oil for everybody, forever.
To hear its members tell it, the issue before the meeting of the Organization of Oil Exporting Countries beginning today in Vienna is whether or not it will choose to increase oil supplies for an increasingly needy world. What concerns the 12 member countries, they say, is merely fine-tuning a system that is working wonderfully, to make sure everyone remains as content as they are now. The current price of oil, around $100 a barrel, is about right, they say, and in the words of the current OPEC president, Iran’s caretaker oil minister Mohammad Aliabadi, “very much due to OPEC’s efforts, the world remains well supplied with oil, with ample spare capacity and adequate stock levels.” Wow. How much better could things get? Continue reading
With prices spiking and riots erupting, the Saudis say: Don't worry, be happy.
The three biggest lies current in the world today: 1) “The check is in the mail” (still a favorite, after all these years). 2) “Lower taxes for the rich means more jobs for the poor” (well into its fourth decade as a popular inversion of reality). And 3), the newest and in some ways the biggest; “Don’t worry, Saudi Arabia will increase oil production to keep prices from going too high, OR to compensate for the loss of Libya’s/Iraq’s/Egypt’s production, OR to reassure the re-election of American politicians if their name is Bush, OR whatever.” Continue reading
The Arab Street (this one happens to be in Edinburgh, Scotland) is thriving. The American Street, a right-of-way for righting wrongs and warning of peril? Not so much. (Photo by baaker2009/Flickr)
The Arab Street — a slangy term for popular opinion and activism in that part of the world — is brimming with energy and resolve, it is, as they say, kicking ass and taking names in this amazing Arab spring. The American Street is empty, and it is still winter there. Continue reading
(Photo by Stepheye/Flickr)
Wait a minute. I have accustomed myself to the prospects that, approaching and after the Fall, I will have to give up gasoline, electricity, lettuce in the winter, thermostats, my cell phone, 20-minute showers and even — sob! — the Internet. I can handle that. I can stay home, tend my solar panels, grow my own food and cut wood for heat until I’m too hot and tired to take a shower. But Peak Coffee? It’s too much. Continue reading
"Got oil?" "Not so much any more. You?"
M. King Hubbert started predicting the inevitable arrival of peak oil in 1950. In the ensuing 60 years, a steadily growing band of geologists, other scientists, and people who grasp the essentials of arithmetic have been warning strenously that peak oil is both inevitable and imminent. If they are right, its arrival will have consequences for the world that will rank somewhere between catastrophic and apocalyptic; yet, in the developed countries (and by developed, we mean oil-dependent) virtually no one in a position to do anything about it mentions the prospect, let alone taking it seriously. Now, powerful confirmation of peak oil has turned up in WikiLeaks. It’s where we learned, for example, that Prince Charles is not as well respected as Queen Elizabeth. So now do you believe? Continue reading
Do the throngs in the streets of Cairo have anything to teach the passers-by in the streets of America? You bet they do. (Photo by Essam Sharaf/Flickr)
Being paranoid doesn’t mean that people aren’t out to get you. Nor does it mean that you’re ready for it when they do. We who expect the crash of the global industrial system, who believe it has already (in slow motion) begun, need to be alert for the moment when the slow irreparable lean turns into the catastrophic free fall. That is when incomplete preparations for the aftermath become exactly the same as no preparations at all. Has that moment come for us, via Egypt? Continue reading
Gas lines in Louisiana in 2005. Are they coming soon, to stay? (Photo by Jaseman/Flickr)
What if it were today? What if today were the day that the realization dawned somewhere and spread virus-like across the web and the world: peak oil is here, it’s real, and it’s not going away? How many things would we wish, on the evening of that first day, that we had done before it came? Continue reading
Cover photo from Tariel Mórrígan's book Peak Energy, Climate Change, and the Collapse of Global Civilization: The Current Peak Oil Crisis.
An explosive new book from a University of California environmental scholar takes a scalpel to the blandishments of global politicians and their corporate paymasters to lay bare the hard facts they are trying — with increasing desperation and decreasing effectiuveness — to conceal. The facts are: peak oil is here, no one is ready, and a worlwide descent into chaos has already begun. Continue reading
The Tata Nano: When does affordable become too cheap? (Photo by Anugrah Adams/Wikimedia)
When India’s Tata Motors announced its plans to sell a car, the Nano, for under $3,000 to the rising millions of the Third World, there were in general two negative reactions. One was to giggle at the funny names, but that stopped when Tata bought the flagship auto companies of the British Empire, Jaguar and Land Rover. The other was to assume that the Nano would hasten the destruction of the industrial world by bringing to the masses of Asia the benefits of American society they crave so much: smog, gridlock, petroleum addiction and car payments. Turns out that was wrong, too, but not in a good way. Continue reading
In this type of solar "farm," mirrors focus the sun on the tower to boil water. Lots of sun in the desert, but water? Photo by Bardot/Wikimedia
The relentless industrialization of renewable energy continues, now with the support of government at all levels. The case for solar “farms” and wind “farms” (note how the word “farm” summons bucolic images that have nothing to do with these immense factories), dripping with greenwash, obscures the fact that industrial renewables are no alternative for a petrochemical-addicted society, simply another industrial dead end. As an example, consider the solar “farm.” Continue reading