Tag Archives: peak oil

The New Libya Will Prepare for Peak Oil

Outgoing Finance and Oil Minister Ali Tarhouni on the necessity of growing the non-oil Libyan economy: ‚ÄúThis country has been using a nonrenewable resource, and it does not matter how much reserve we have, we will run out of that, … Continue reading

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Morning Awful: Bachmann Oil Physics

I renew my call for someone, anyone in the MSM to ask Bachmann about abiotic oil. In the nutty, dinosaur-disbelieving world of Michele Bachmann, you can cut the price of a gallon of gas to $2 through sheer faith: “Under … Continue reading

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Morning Awful: Saudi Oil Addiction

Via ThinkProgress, Saudi Prince Alwaleed bin Talal on Fareed Zakaria this weekend admitting the kingdom’s policy keeps the price of cocaine oil artificially LOW so America remains addicted to crack gasoline. Remember, the Saudi monarchy knows its coca fields oilfields … Continue reading

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Renewables are not Inevitables, but $5 a Gallon is

The world’s governments have agreed it is possible to meet 80% of energy needs with renewables by 2050: The report by the U.N.’s Intergovernmental Panel on Climate Change (IPCC) also said that a shift to cleaner energies would help cut … Continue reading

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