Loving the WordPress app for Android. http://andrewsullivan.theatlantic.com/the_daily_dish/2010/06/betting-on-longshots.html is funny and serious about how we underestimate the probability and cost of low probability events
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There has been and will be a lot of ink spilled (literal and virtual) regarding the meaning of the Deepwater Horizon disaster; especially what it says about our dependence on oil. But if you want to really understand it — and what it means for us — you can probably do no better than...
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My problem isn’t so much with the whole “Drill Baby, Drill” chanting crowd. My problem is that most are shocked and appalled at the Deepwater Horizon disaster. I mean, come on. It is a testament to the very good safety measures in place on the thousands of super tankers and thousands of ocean oil...
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Back in August, we covered an unexpected outbreak of honesty from the International Energy Agency regarding global oil supplies. At that time, we had the IEA Chief Economist admitting for the first time that most of the world’s largest oil fields were at or near peak production. This week more IEA people are going...
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Reason Number 169,012 why the Internet is TEH AWESOME is shared visualizations. One very clever person can put together a neat graphic that explains a very complex subject in that one-picture-worth-a-thousand-words way and share it with everyone. Implementing new power technologies like wind and solar that are not tied to always on generation facilitie...
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An effort to raise the state gas tax as a way to pay for the badly underfunded road budget in Iowa was seriously studied but came nowhere close to passing last year. Opponents criticized the measure as a way to strangle the economy. Via The Economist comes a nice little bit of infoporn on...
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Oh joy! I haven’t had much to say about peak oil in some time what with the economy falling off a cliff and taking energy demand with it. But it’s been there, lurking in the wings, waiting to have its say in any economic takeoff. So, today the well-respected Chief Economist at the International...
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On New Year’s Eve this year I made a bet with a client. The original bet was $1000.00 that within my client’s lifetime, oil would never go below $75.00 a barrel again. We later modified it to ten years so that he might actually be able to enjoy and gloat over winning it. He...
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At current pricing structures, $200/barrel works out to about $5.30/gallon or regular unleaded at the pump. I’m going to hammer at this one last time because it is really imperative that people begin to change their mindsets about oil and energy. There will be no going back to cheap gas, ever. The good news...
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For several years a number of loosely-knit guerrilla organizations have been fighting the major oil producers and the central government of Nigeria. Their grievances are: poverty, environmental degradation and corruption. I don’t approve of the use of violence to sort these things out. This post is about the increasing ability of open-source groups to...
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