Does the world only have 24 years worth of current oil production remaining? Well, if we go by more realistic data, it suggests that the “Official Energy Agencies” are seriously overstating world oil reserves. Also, I have included a preview of the Global High-Tech Semiconductor Supply Chain Collapse Part 2…
Oil production from Alaska hit a 40-year low last year, partially due to the pandemic shutdown and low oil prices. However, Alaskan oil production has been steadily declining since its peak in 1988. At one time, Alaska was producing 25% of U.S. oil production. Although, last year, Alaskan oil production…
In this video update, I provide examples of how the Falling EROI is negatively impacting several sectors in the global economy. The Falling Energy Returned On Investment (EROI) is the number one equation that allows all living systems the ability to live or die. When the EROI falls to a certain level, then the collapse…
Conspiracy theories, especially lousy ones, grab the attention of a lot of people. So, if you want to acquire a lot of followers while making a nice buck doing so, then it pays to continue regurgitating the “GRAND CONSPIRACY” mantra. I see this everywhere in the Alt-Media. And, it…
It’s a shame that the drive for U.S Energy Independence only lasted for about a year. Even worse, U.S. Shale Oil Industry responsible for the country’s energy independence is now in serious trouble as the companies have cut drilling by 75% while they are drowning in debt up to the…
Has Peaked Diesel arrived? Well, if so, it is terrible news for the automobile and trucking industry as well as the overall economy. I came across this information from an article written by Antonio Turiel on his The Oil Crash website. The article provides some sobering data suggesting that the…