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Gail Tverberg: The Shale Oil Boom is More “Mirage” than “Miracle”

In this week's podcast, Chris asks Gail Tverberg to assess the merits of the shale oil "revolution". Does it usher in a new Golden Age of American oil independence?

With her actuarial eyeshade firmly in place, Gail quickly begins discounting the underlying economics behind the shale model:

Gail Tverberg: The Shale Oil Boom is More “Mirage” than “Miracle”

by Chris Martenson

In this week's podcast, Chris asks Gail Tverberg to assess the merits of the shale oil "revolution". Does it usher in a new Golden Age of American oil independence?

With her actuarial eyeshade firmly in place, Gail quickly begins discounting the underlying economics behind the shale model:

What Happened to the Future?

by Gregor Macdonald

Improbably, the global economy has returned to growth over the past four years despite the ravages of a deflationary debt collapse, a punishing oil shock, ongoing constraint from debt and deleveraging, and stagnant global wages. The proof of this growth comes from the best indicator of all: the growth of global energy consumption.

The Obama Administration’s Natural Gas Policy Is Tragically Misguided

by Chris Martenson

The Obama administration has come out in support of the idea of exporting U.S. natural gas. This stance is counterproductive, short-sighted, and if followed will prove harmful to domestic manufacturing (i.e., value generation) – not just now, but for future generations of Americans.

While exporting natural gas would certainly prove to be an economic boon for a very select minority of companies and individuals, it makes no sense from an energy standpoint and undermines our national interests. All it will do is enrich a few, while boosting prices for all domestic consumers and shortchanging the energy and environmental inheritance we pass along to our children.

The Obama Administration’s Natural Gas Policy Is Tragically Misguided

by Chris Martenson

Gregor Macdonald: What the End of Cheap Oil Means

by Chris Martenson

On the heels of Chris' recent report clarifying the global net energy predicament, he and PeakProsperity.com contributing editor Gregor Macdonald sit down to talk in depth about the broken relationship between energy costs and economic growth.

For much of the twentieth century, the developed world saw a steady march upwards in wages and living standards, due primarily to huge quantities of cheap, high-yielding liquid hydrocarbon. As we find ourselves bumping along the plateau of Peak Oil's apex, suddenly we find "growth" is a lot harder to come by.

Gregor Macdonald: What the End of Cheap Oil Means

by Chris Martenson

One Fracking Minute

by JW

A simple and to-the-point animation describing the process of hydraulic fracturing and the methods used to get the oil and gas that is creating our energy boom. I wonder where all the water comes from and where it goes?

http://www.marketplace.org/topics/sustainability/one-fracking-minute-animated-explainer-hydraulic-fracturing