The price for energy independence

bumper sticker

Move over OPEC, North America is about to become a net exporter of oil. At least that’s the supposed good news from the International Energy Agency’s latest outlook. According to the IEA, the drilling boom for shale oil is putting US production on track to pass Saudi Arabia. North of the border, output from Alberta’s oil sands is expected to notch a similarly grand expansion. Notions of energy … [Read more...]

With America distracted by oil bubble, peak oil patiently waits

oil graphic

Mohandas Gandhi may or may not have said, "First they ignore you, then they laugh at you, then they fight you, then you win." But it's become a truism among activists that, after years of playing to an empty house, it's actually a sign of progress when the rotten tomatoes start to fly. For a long time, people in the peak oil community complained that both government and media didn't pay any … [Read more...]

Neither presidential candidate shows grasp of America’s oil predicament

Obama Romney Debate

The Association for the Study of Peak Oil & Gas USA (ASPO-USA) expressed concern that neither candidate for the U.S. presidency demonstrates a clear understanding of the realities and risks facing U.S. oil supply. In the first presidential debate on Wednesday night, President Obama and Governor Romney fed the misconception that America can drill its way to energy independence, when such a … [Read more...]