Largely unnoticed in America are the increasingly frequent electricity shortages developing around the world.
Fifth Annual Martin Luther King Jr. Day Celebration, Alden Theatre at the McLean Community Center, 1234 Ingleside Ave., McLean, Sunday, Jan. 20, 3 to 5 p.m.
Let’s start with the obvious. Unless something very bad happens this year – a big meteor strikes the earth, a good sized war in the Middle East, or a major sabotage operation– we are likely to consume another 31 billion barrels of oil or, as we call it these days, […]
A “Perfect storm” refers to the simultaneous occurrence of events which, taken individually, would be far less powerful than the result of their chance combination. Such occurrences are rare by their very nature. — Wikipedia
Remarkably, there are simply no indicators suggesting a rosy coming period for the U.S. economy. None, not one. On the other hand, there are plenty of arrows, and thumbs, pointing downward. No one has said how the gaping hole caused by the sub-prime mortgage crisis and related predatory lending policies […]
As 2007 winds down, it is good time to review some of the major issues that those of us following the peak oil story are watching closely.
Peak Oil started as a story about geology. It was once relatively simple. After 150 years of pumping up oil, the easy-to-find kind was gone and from here on out it was going to be much more difficult to find and eventually prohibitively expensive.
You have to be quiet… and listen very carefully, for our government is trying to tell us something. If the news were good, of course, the White House would announce it at the daily press conference. If the news were very good, the President himself might come out into the […]
On Monday, our colleagues over at the Washington Post ran a front-page story in an effort to explain to official Washington why oil prices have soared by $25 a barrel in the last ten weeks and just what it might mean.
When the Wall Street Journal runs a story entitled “Oil Prices Could Go Either Way,” you can be sure there is confusion in the land. In preparing the story, the Journal’s reporter called the usual array of Wall Street energy gurus and got sharply mixed responses. Some thought oil prices […]