I’m often asked where I stand on wind, solar and other alternative energy sources.
My answer is: I love them. But they’re incapable of enabling our society to smoothly slip over to powering itself by other means.
They’re not going to “save us”.
Friday, October 4, 2019, 2:58 PM
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I’m often asked where I stand on wind, solar and other alternative energy sources.
My answer is: I love them. But they’re incapable of enabling our society to smoothly slip over to powering itself by other means.
They’re not going to “save us”.
Tuesday, January 23, 2018, 5:19 PM
34
Art Berman, 40-year veteran in the petroleum production industry and respected geological consultant, returns to the podcast this week to talk about oil.
After the price of oil fell from its previous $100+/bbl highs to under $30/bbl in 2015, many declared dead the concerns raised by peak oil theorists. Headlines selling the "shale miracle" have sought to convince us that the US will one day eclipse Saudi Arabia in oil production. In short: cheap, plentiful oil is here to stay.
How likely is this?
Not at all, warns Berman. World demand for oil shows no signs of abating while the outlook for future production looks increasingly scant. And the competition among nations for this "master resource" will be much more intense in future decades than we've been used to.
Thursday, August 31, 2017, 11:32 PM
10
In this week's Off The Cuff podcast, Chris and Charles Hugh Smith discuss:
In the midst of his hour-by-hour analysis of the situation in the Gulf in the aftermath of Harvey, Chris takes time to talk with Charles Hugh Smith about the repercussions of this mega-storm, both short and long-term.
Saturday, August 26, 2017, 1:21 AM
11
The central point of this report is that the US is deluding itself when it comes to energy abundance (generally) and oil (specifically).
The bottom line is this: The US shale industry resembles a fraudulent Ponzi scheme much more so than it does any kind of "miracle".
Sunday, May 7, 2017, 7:00 PM
13
Oil expert and geological consultant Art Berman returns to the podcast this week to address head-on the question: Was the Peak Oil theory wrong? With the world "awash" in sub-$50 per barrel oil, were all the warnings about persistently higher future oil prices just a bunch of alarmist hand-wringing?
In a word: No.
Art explains how the current glut of oil created by the US shale boom — along with high crude output by both OPEC and non-OPEC producers — is a temporary anomaly. Fundamentally, we are not finding nearly as much oil as we need to continue our demand curve; and at the same time, we are extracting our reserves at a faster rate than ever. That's a mathematical recipe for a coming supply crunch. It's not a matter of if, but when.
Tuesday, May 12, 2015, 2:39 PM
39
At some point in the arriving future, there’s plenty of economic pain coming either to the taxpayers when the I.O.U.s come due, or to the hopeful retirees to whom much has been promised.
Tuesday, November 11, 2014, 4:25 AM
25
Today, Russia inked a second blockbuster deal with China that will starve Europe for natural gas in just a few short years. It's now increasingly clear that 2018 will mark the beginning of the end for any hopes Europe had of returning to robust economic growth.
It was by far the biggest news of the day. While it did make headlines, you might have missed it because not much was made of the affair beyond the announcement. The story came and went as if Russia has oodles of natural gas (NG) to send to China.
It doesn't. And the supplies it has now contracted to send to China will be pulled from supplies that currently go to Europe.
Tuesday, September 2, 2014, 1:58 PM
3
In this week's Off the Cuff podcast, Chris and Mish discuss:
Wednesday, August 20, 2014, 3:54 PM
5
It is still a mystery to many historians as to how and why this World War I led to the slaughter of nine million people. But analysis of different parties to the original event, pursuing their own vested interests without a grasp of the bigger picture, certainly rings true of the Ukrainian situation today with regards to the West, embodied in a disparate committee called NATO. The similarity with the chaotic diplomacy that led to WW1 stops there: Russia under Vladimir Putin’s leadership appears to have a good grasp of its objective.
Monday, August 11, 2014, 11:25 PM
23
The US is clearly now pushing Russia towards war. But if you read the signs correctly, Russia has been preparing for exactly this outcome for many years.
Out of several reasons that US power brokers specifically — but western power brokers more generally — are deeply unhappy with Russia right now is that Russia is committing a cardinal sin: it is openly, brazenly calling for an end to dollar dominance and has moved aggressively with China to achieve that aim.
Jim Rickards
Daily Digest 1/18 – Yellen Faces Senate to Sell $1.9 Trillion Stimulus Package, The Ireland Event
XZBD2: 2 hours ago
My take on Jim Rickards
Daily Digest 1/18 – Yellen Faces Senate to Sell $1.9 Trillion Stimulus Package, The Ireland Event
spiker: 3 hours ago
Excellent image
Daily Digest 1/18 – Yellen Faces Senate to Sell $1.9 Trillion Stimulus Package, The Ireland Event
blackeagle: 4 hours ago
Jim Rickards
Daily Digest 1/18 – Yellen Faces Senate to Sell $1.9 Trillion Stimulus Package, The Ireland Event
Mike from Jersey: 7 hours ago
The “Build Back Better” conspiracy theory (fronting for The Great Reset)
Daily Digest 1/18 – Yellen Faces Senate to Sell $1.9 Trillion Stimulus Package, The Ireland Event
thc0655: 8 hours ago
Push Button Order or Human Act, choose
Daily Digest 1/18 – Yellen Faces Senate to Sell $1.9 Trillion Stimulus Package, The Ireland Event
000: 10 hours ago
Rickards is an interesting case
Daily Digest 1/18 – Yellen Faces Senate to Sell $1.9 Trillion Stimulus Package, The Ireland Event
wotthecurtains: 12 hours ago
OOG
Daily Digest 1/18 – Yellen Faces Senate to Sell $1.9 Trillion Stimulus Package, The Ireland Event
Mohammed Mast: 16 hours ago
Data?
Will An Oil Price Spike Be The Next Blow To The Economy?
Mohammed Mast: 16 hours ago
Rickards
Daily Digest 1/18 – Yellen Faces Senate to Sell $1.9 Trillion Stimulus Package, The Ireland Event
Oliveoilguy: 16 hours ago