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Why Oil Is Going To Double In Price

We’ve got an oil emergency brewing right now. I know that this idea runs utterly counter to the mainstream narrative of a shale oil bonanza that has us swimming in oil; but that’s why this site exists.

Within a year, possibly a little longer but not much, I think the price of oil is going to double from its current per barrel price of $50 US/$60 Brent.

Why Oil Is Going To Double In Price

PREVIEW by Chris Martenson

Within a year, possibly a little longer but not much, I think the price of oil is going to double from its current per barrel price of $50 US/$60 Brent.

Arthur Berman: Why Today’s Shale Era Is The Retirement Party For Oil Production

by Chris Martenson

Much of what's been 'sold' to us about the US shale oil revolution is massively over-hyped. The amount of commercially-recoverable shale oil is much less than touted, returns much less net energy than the petroleum our economy was built around, and is extremely unprofitable to extract for most drillers at today's lower oil price.

To separate the hype from reality, our podcast guest is Arthur Berman, a geological consultant with 34 years of experience in petroleum exploration and production, who sees the recent US oil production boost from shale drilling as and short-lived and somewhat desperate; a kind of last hurrah before the lights get turned out.

Arthur Berman: Why Today’s Shale Era Is The Retirement Party For Oil Production

by Chris Martenson

4 ways to stay warm without raising your electric bill

by JW

4 simple and creative ways to keep warm and save money at the same time.

http://www.today.com/home/how-stay-warm-without-raising-your-electric-bill-2D80449579

4 ways to stay warm without raising your electric bill

by JW

4 simple and creative ways to keep warm and save money at the same time.

http://www.today.com/home/how-stay-warm-without-raising-your-electric-bill-2D80449579

When This Ends, Everybody Gets Hurt

by Chris Martenson

Central bank credibility (as fictitious as that may be) is essential to maintaining the current narrative, BUT central banks are rapidly losing their credibility (which should have happened simply via deductive reasoning a long time ago) and the strains are showing.

Their actions are increasingly wild and extreme, and it's our view that 2015- 2016 will mark the end of this long run of overly-ambitious central bankers and over-complacent markets.

When This Ends, Everybody Gets Hurt

by Chris Martenson

Their actions are increasingly wild and extreme, and it's our view that 2015- 2016 will mark the end of this long run of overly-ambitious central bankers and over-complacent markets.

Gail Tverberg: This Is The Beginning Of The End For Oil Production

by Chris Martenson

With the recent collapse in the price of oil, Gail Tverberg, returns to discuss the likely impact on the US shale oil industry, as well as the global market for oil.

While as an actuary, Gail is one to avoid hyperbole and the let the numbers speak, her analysis of the outlook for future oil production is nothing short of dire.

Gail Tverberg: This Is The Beginning Of The End For Oil Production

by Chris Martenson

With the recent collapse in the price of oil, Gail Tverberg, returns to discuss the likely impact on the US shale oil industry, as well as the global market for oil.

While as an actuary, Gail is one to avoid hyperbole and the let the numbers speak, her analysis of the outlook for future oil production is nothing short of dire.

Stay Focused

PREVIEW

by Chris Martenson

There is so much happening across the world right now — politically, economically, environmentally and especially in the field of oil (energy) — that it is very hard to stay focused on what really matters.

Compounding the difficulties is the fact that the media, either through sheer ignorance or gross mendacity, is perpetuating obvious political talking points and/or overt propaganda in favor of fact-based reporting.

Stay Focused

PREVIEW by Chris Martenson

Keep Your Eyes On The Prize

by Chris Martenson

At the essential center of the framework of the Crash Course is the almost insultingly simple idea that endless growth on a finite planet is an impossibility.

It is so simple it could be worked out by a clever 4 year-old and yet it must not be so simple because the main narrative of every economy in every corner of the globe rests on the idea of endless, infinite growth.

Keep Your Eyes On The Prize

by Chris Martenson

At the essential center of the framework of the Crash Course is the almost insultingly simple idea that endless growth on a finite planet is an impossibility.

23 Low-Tech Ways To Stay Warm

by JW

Awesome tips for reducing your energy use this winter and keeping your homestead warm and toasty.

http://www.the-open-mind.com/23-low-tech-ways-to-stay-warm-without-wasting-energy-this-winter/

23 Low-Tech Ways To Stay Warm

by JW

Awesome tips for reducing your energy use this winter and keeping your homestead warm and toasty.

http://www.the-open-mind.com/23-low-tech-ways-to-stay-warm-without-wasting-energy-this-winter/

2014 Year in Review

by David Collum

I have not seen a year in which so many risks—some truly existential—piled up so quickly. Each risk has its own, often unknown, probability of morphing into a destructive force. Groping for a metaphor—I love metaphors and similes—I feel like we’re in the final throes of a geopolitical Game of Tetris as financial and political authorities race to place the pieces correctly. But the acceleration is palpable. The proximate trigger for pain and ultimately a collapse can be small, as anyone who’s ever stepped barefoot on a Lego knows.