Friday, November 29, 2019, 7:37 PM
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Chris caught petroleum geologist Art Berman right before he went on stage to deliver a presentation on the limitations of shale oil (his excellent slides can be found here). The world is finally starting to realize that the profit-making potential of this space was drastically over-hyped.
But more important, warns Art, is that the souring sentiment on shale oil is a reflection on the bigger challenge ahead of us: How we will power the world in a future of declining net energy?
Friday, May 31, 2019, 6:07 PM
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We happen to be alive at a time of peak abundance and technological miracles. It’s never been easier or more comfortable to be a human.
On nearly every dimension — longevity, dependable access to food, quality of shelter, personal safety, leisure time, intellectual pursuits, technological advancements — no previous generation of humans have enjoyed the excesses and luxuries that we currently do.
What are you going to do with that good fortune while it lasts? Because it won’t for much longer.
Tuesday, April 2, 2019, 4:39 PM
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Really big news hit this morning. And today is April 2nd, so we can't dismiss this as an April-fools prank.
I explain it all with context below. But the summary is this: we're well on track for the oil supply shortage(s) and price spike(s) that I’ve been writing about for the past few years. It will all hit sometime between now and 2022 is my latest projected timeframe.
This will be a before-and-after story. Before the coming price spikes, so much seemed possible. After they hit, so much less will be. The transition from Easy to Hard is now fully underwaym and you need to be eyes wide open about the data.
Friday, July 20, 2018, 7:10 PM
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If you have not yet read Part 1: America The Insolvent available free to all readers, please click here to read it first.
In the absence of an official plan, you'd better have your own — something the extremely wealthy are already working on for themselves.
As the co-founders of Peak Prosperity, Adam and I happen to know and/or interact with quite a few wealthy people who are deeply concerned about the future and taking steps to assure their survival in it. These people have access to the very best information; they know the system better than your average citizen. They know what the weak points are and what could go wrong.
From our observations, it’s safe to say that the more insider-experience an individual has, the greater their concern.
The least-concerned people are those without much knowledge of the system (i.e., most "regular" folks). Or a weak sense of curiosity. Or, most damagingly, a propensity to get their news from the mainstream media. Let’s just say that the information available to the “retail crowd” is either incomplete or misleading (and quite often intentionally so).
What I mean to say more directly is: if you're not already a billionaire and getting access to the very best and most accurate information, you’d do well to….
Image by Tapping The World, Flickr Creative Commons
Wednesday, May 30, 2018, 2:49 PM
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Who is Danny/Shutterstock
Tuesday, November 28, 2017, 4:20 AM
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At Peak Prosperity, we strive to help people advance in three key areas: Knowing, Doing and Being.
Doing and Being are the resilience-building steps we recommend. Helping folks develop their own personal action plans in these areas is the main focus of the seminars we run.
But Knowing? That's the essential first part to master. Without sufficient understanding and insight to guide you, any action you take is merely groping in the dark.
Tuesday, February 7, 2017, 4:51 PM
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To my eye, society is fraying apart. People are confused, angry, isolated, and increasingly willing to fight each other. Formerly peaceful resistance is turning into violence. Our baser emotions like fear, anger — rage, even– are now bubbling at the surface.
It's entirely reasonable for people to be experiencing such emotions right now. But in most cases, their anger is misdirected.
Sunday, October 23, 2016, 5:33 PM
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Actuary Gail Tverberg returns to provide an update on where we are in the global energy story. Her outlook is not rosy: she doesn't not see a path for society to transition to an affordable, plentiful substitute to petroleum as a transportation fuel. The physics as well as the funding do not pencil out, at least with today's known technologies.
Tuesday, February 9, 2016, 4:28 AM
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Financial markets the world over are increasingly chaotic and either retreating or plunging. Our view is that there’s a gigantic market crash in our future and it’s possible that this has started now.
National Archives and Records Administration (NARA)
Friday, November 28, 2014, 7:44 PM
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The bottom line is this: we, as a species, all over the globe, have already mined the richest ores, found the easiest energy sources, and farmed the richest soils that our Environment has to offer.
We have taken several hundreds of millions of years of natural ore body, fossil energy deposition, aquifer accumulation, soil creation, and animal population growth — and largely burned through them in the few years since oil was discovered. It is safe to say that in human terms, once these are gone, man, they’re gone.
Richard Heinberg shares key insights from his upcoming book, Power
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There are WAY too many who expect they can exit unscathed
3
ha
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