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Tag Archives: BTU

  • Blog
    © Oly555 | Dreamstime.com

    The Obama Administration’s Natural Gas Policy Is Tragically Misguided

    Waste that will haunt future generations
    by Chris Martenson

    Thursday, May 9, 2013, 11:26 PM

    20

    The Obama administration has come out in support of the idea of exporting U.S. natural gas.  This stance is counterproductive, short-sighted, and if followed will prove harmful to domestic manufacturing (i.e., value generation) not just now, but for future generations of Americans.

    While exporting natural gas would certainly prove to be an economic boon for a very select minority of companies and individuals, it makes no sense from an energy standpoint and undermines our national interests. All it will do is enrich a few, while boosting prices for all domestic consumers and shortchanging the energy and environmental inheritance we pass along to our children.

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  • Podcast

    Gregor Macdonald: What the End of Cheap Oil Means

    We better get smart about using our remaining fossil BTUs
    by Adam Taggart

    Saturday, January 19, 2013, 10:09 PM

    62

    On the heels of Chris' recent report clarifying the global net energy predicament, he and PeakProsperity.com contributing editor Gregor Macdonald sit down to talk in depth about the broken relationship between energy costs and economic growth.

    For much of the twentieth century, the developed world saw a steady march upwards in wages and living standards, due primarily to huge quantities of cheap, high-yielding liquid hydrocarbon. As we find ourselves bumping along the plateau of Peak Oil's apex, suddenly we find "growth" is a lot harder to come by.

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  • Blog
    San Onofre power plant via the Nuclear Regulatory Agency

    The Dawn of the Great California Energy Crash

    Like CA, more states will soon ask, "Where will our energy c
    by Gregor Macdonald

    Monday, July 23, 2012, 12:46 AM

    39

    California, which imports over 25% of its electricity from out of state, is in no position to lose half (!) of its entire nuclear power capacity. But that’s exactly what happened earlier this year, when the San Onofre plant in north San Diego County unexpectedly went offline. The loss only worsens the broad energy deficit that has made California the most dependent state in the country on expensive, out-of-state power.

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  • Blog
    © Stepan Olenych | Dreamstime.com

    Coal: The Ignored Juggernaut

    The most likely fuel for a world in decline
    by Gregor Macdonald

    Thursday, June 28, 2012, 2:46 PM

    65

    Oil, natural gas, and alternatives dominate the headlines when it comes to energy. But there's a big and largely-overlooked revolution occuring with the energy source likey to become the most preferred fuel for a world in ecomomic decline: coal.

    The United States coal sector has been hit very, very hard this spring. Demand has been crushed by over 10%, as warm weather and bountiful supplies of cheap natural gas have induced power plant operators and all other users where possible to switch away from domestic coal. The rapid change in fortune has sent the stock prices of big, listed names such as Peabody and Arch down by double digit percentages, as the Dow Jones US Coal Index has fallen below 160 from above 225 at the start of 2012.

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  • Blog
    © familymwr | flickr Creative Commons

    The Race for BTUs

    World powers are positioning themselves around where the mos
    by Gregor Macdonald

    Wednesday, April 4, 2012, 1:57 AM

    11

    The world's major central banks — including the Bank of Japan (BOJ), the European Central Bank (ECB), and the Federal Reserve — appear to have finally won a major battle in the deflationary war that broke out five years ago in 2007. While the ultimate victor is yet to be determined, it now seems likely that a period of nominal growth could ensue for another two years, perhaps even longer.

    This will not be high-quality growth. And little of the growth will be real.

    Commodity prices will surely eat away at most, if not all, of any gains that may occur in global GDP. Additionally, while non-OECD growth actually has a chance of achieving some GDP gains in real terms, the prospects for the OECD are not as encouraging.

     

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  • Blog

    Installing a Solar Energy System

    by rhare

    Saturday, November 27, 2010, 4:51 AM

    0

    Like many of you reading this article, I am fairly new to the realization that our future may not turn out the way we originally planned.  A little over two years ago, after the financial turmoil set in, I began to wake up from my comfortable, relatively uncomplicated life and take a closer look at what was going on around me. 

    I was first introduced to the Crash Course by an attendee at the 2009 CPAC Liberty Forum in Washington, DC where I had gone to hear Ron Paul speak.  Little did I know how dramatic an impact that one conversation would have on my life.  After watching the Crash Course a couple of times, many pieces of the puzzle started to fall together, and I quickly progressed to Stage 4 – Fear.  (See The Six Stages of Awareness for more on that topic).  A few weeks after I attended Dr. Martenson’s Lowesville seminar, I decided it was time to take immediate action.  I’ve also had to deal with the challenges of convincing my partner that these changes were really worthwhile and necessary and that I wasn’t a raving lunatic who would soon be wearing a tin foil hat!

    I hope reading about the thermal and photovoltaic solar systems we have installed will encourage you to think about actions you can take to prepare for our uncertain future.  Since it would be impossible to even begin to give every detail about how the systems work or how to put one together, my goal is to show what can be done, give you things to consider, suggest rough costs, and provide links for further research.

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