page-loading-spinner
Home Energy

Energy

Image | Off The Cuff: Why Drilling US Oil Isn’t Profitable
Off The Cuff: Why Drilling US Oil Isn’t Profitable
 PREVIEW
by Chris Martenson

In this week’s Off The Cuff podcast, Chris and Art Berman discuss: Shale Oil’s Chronic Profit Drought Nearly all companies are cash-flow negative Why Drilling US Oil Isn’t Profitable Oil service costs eat your lunch Why Drillers Can’t Stop Drilling They need cash to service their debts Shale Oil Is A Business Model With No…
Off The Cuff: Why Drilling US Oil Isn’t Profitable
 PREVIEW by Chris Martenson

In this week’s Off The Cuff podcast, Chris and Art Berman discuss: Shale Oil’s Chronic Profit Drought Nearly all companies are cash-flow negative Why Drilling US Oil Isn’t Profitable Oil service costs eat your lunch Why Drillers Can’t Stop Drilling They need cash to service their debts Shale Oil Is A Business Model With No…
Image | Bizarro World: The Herd Has Truly Gone Mad
Bizarro World: The Herd Has Truly Gone Mad
by Chris Martenson

Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one. ~ Charles Mackay (1841) Like me, you may often feel gobsmacked when looking at the world around you. How did things get so screwed up?…
Bizarro World: The Herd Has Truly Gone Mad
 by Chris Martenson

Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one. ~ Charles Mackay (1841) Like me, you may often feel gobsmacked when looking at the world around you. How did things get so screwed up?…
Image | Drone Shot Down, Gold And Oil Shoot Up
Drone Shot Down, Gold And Oil Shoot Up
 PREVIEW
by Chris Martenson

Maybe with all the monetary stimulus and other catalysts, oil and gold were just itching for a reason to go higher, but on Thursday morning oil convincingly launched higher on news that Iran shot down a US drone.

Gold, which had rather mysteriously spiked earlier on Wednesday night stayed elevated, even as copper, platinum and palladium all tumbled back lower throughout the day.

The drone shot down was a very advanced, and large version equipped presumably with the latest and most advanced spying and detection hardware. This action moves us a few notches closer to an actual shooting war with Iran.
Drone Shot Down, Gold And Oil Shoot Up
 PREVIEW by Chris Martenson

Maybe with all the monetary stimulus and other catalysts, oil and gold were just itching for a reason to go higher, but on Thursday morning oil convincingly launched higher on news that Iran shot down a US drone.

Gold, which had rather mysteriously spiked earlier on Wednesday night stayed elevated, even as copper, platinum and palladium all tumbled back lower throughout the day.

The drone shot down was a very advanced, and large version equipped presumably with the latest and most advanced spying and detection hardware. This action moves us a few notches closer to an actual shooting war with Iran.
Image | Waiting For The Black Swan
Waiting For The Black Swan
by Chris Martenson

Two more tankers were attacked near the Strait of Hormuz on Thursday morning  (6/13/19) in the Gulf of Oman, and if hostilities advance we could be facing a ‘black swan’ event. One that changes everything, and divides the world into ‘before’ and ‘after’ periods.

A lot of us are waiting for ‘something’ to happen. We know that there are too many unsustainable trends and practices running and we fall into the “let’s just rip the Band-Aid off” camp.   Some, like myself, have lost faith in the political leadership and institutions and doubt they retain any capacity to attend to anything more than their own selfish interests, let alone manage the difficult tasks ahead rooted as they are in systems theory and managing complexity.
Waiting For The Black Swan
 by Chris Martenson

Two more tankers were attacked near the Strait of Hormuz on Thursday morning  (6/13/19) in the Gulf of Oman, and if hostilities advance we could be facing a ‘black swan’ event. One that changes everything, and divides the world into ‘before’ and ‘after’ periods.

A lot of us are waiting for ‘something’ to happen. We know that there are too many unsustainable trends and practices running and we fall into the “let’s just rip the Band-Aid off” camp.   Some, like myself, have lost faith in the political leadership and institutions and doubt they retain any capacity to attend to anything more than their own selfish interests, let alone manage the difficult tasks ahead rooted as they are in systems theory and managing complexity.
Image | Off The Cuff: The Earth’s Lament
Off The Cuff: The Earth’s Lament
 PREVIEW
by Chris Martenson

In this week’s Off The Cuff podcast, Chris discusses: We’re Polluting & Depleting, For No Real Gain Why Shale Oil Reflects Our Wrongheadedness Time Is Fast Running Out Before The Real Consequences Arrive But There Are Many Ways To Do Things Better This week Chris looks at the big picture: the planet’s resources and humanity’s…
Off The Cuff: The Earth’s Lament
 PREVIEW by Chris Martenson

In this week’s Off The Cuff podcast, Chris discusses: We’re Polluting & Depleting, For No Real Gain Why Shale Oil Reflects Our Wrongheadedness Time Is Fast Running Out Before The Real Consequences Arrive But There Are Many Ways To Do Things Better This week Chris looks at the big picture: the planet’s resources and humanity’s…
Image | These Are The ‘Good Old Days’
These Are The ‘Good Old Days’
by Chris Martenson

We happen to be alive at a time of peak abundance and technological miracles.  It’s never been easier or more comfortable to be a human.

On nearly every dimension — longevity, dependable access to food, quality of shelter, personal safety, leisure time, intellectual pursuits, technological advancements — no previous generation of humans have enjoyed the excesses and luxuries that we currently do.

What are you going to do with that good fortune while it lasts? Because it won’t for much longer.
These Are The ‘Good Old Days’
 by Chris Martenson

We happen to be alive at a time of peak abundance and technological miracles.  It’s never been easier or more comfortable to be a human.

On nearly every dimension — longevity, dependable access to food, quality of shelter, personal safety, leisure time, intellectual pursuits, technological advancements — no previous generation of humans have enjoyed the excesses and luxuries that we currently do.

What are you going to do with that good fortune while it lasts? Because it won’t for much longer.
Image | Living With Integrity
Living With Integrity
by Chris Martenson

Every so often, our work in the premium side of PeakProsperity.com is deemed so important that our paying subscribers request we share it with the general public. Last week's 'Off The Cuff' podcast received so many of these requests that we are releasing it to all here.

In last week's Off The Cuff podcast, Chris delivered a very personal message about how we each decide to live our lives.

A growing number of people are watching the “prosperity” around them — record high asset prices, record-low unemployment, new technologies, etc — and yet feeling that we're making the wrong trade-offs as a society. All that wealth is flowing into fewer and fewer pockets, ecosystems are faltering and an alarming number of species are dying off, depression rates (especially among the youth) are skyrocketing.
Living With Integrity
 by Chris Martenson

Every so often, our work in the premium side of PeakProsperity.com is deemed so important that our paying subscribers request we share it with the general public. Last week's 'Off The Cuff' podcast received so many of these requests that we are releasing it to all here.

In last week's Off The Cuff podcast, Chris delivered a very personal message about how we each decide to live our lives.

A growing number of people are watching the “prosperity” around them — record high asset prices, record-low unemployment, new technologies, etc — and yet feeling that we're making the wrong trade-offs as a society. All that wealth is flowing into fewer and fewer pockets, ecosystems are faltering and an alarming number of species are dying off, depression rates (especially among the youth) are skyrocketing.
Image | Off The Cuff: Twilight In The Desert Has Begun
Off The Cuff: Twilight In The Desert Has Begun
 PREVIEW
by Chris Martenson

In this week's Off The Cuff podcast, Chris and Art Berman discuss: Is the Ghawar oil field truly in decline? If so, what are the implications? What other important revelations does the Saudi Aramco prospectus contain? In the light of the huge surprise contained in the recent Saudi Aramco prospectus, that Saudi Arabia's massive Ghawar…
Off The Cuff: Twilight In The Desert Has Begun
 PREVIEW by Chris Martenson

In this week's Off The Cuff podcast, Chris and Art Berman discuss: Is the Ghawar oil field truly in decline? If so, what are the implications? What other important revelations does the Saudi Aramco prospectus contain? In the light of the huge surprise contained in the recent Saudi Aramco prospectus, that Saudi Arabia's massive Ghawar…
Image | Huge News: The Ghawar Is In Decline!
Huge News: The Ghawar Is In Decline!
 PREVIEW
by Chris Martenson

Really big news hit this morning. And today is April 2nd, so we can't dismiss this as an April-fools prank.

I explain it all with context below. But the summary is this: we're well on track for the oil supply shortage(s) and price spike(s) that I’ve been writing about for the past few years. It will all hit sometime between now and 2022 is my latest projected timeframe.

This will be a before-and-after story. Before the coming price spikes, so much seemed possible. After they hit, so much less will be. The transition from Easy to Hard is now fully underwaym and you need to be eyes wide open about the data.
Huge News: The Ghawar Is In Decline!
 PREVIEW by Chris Martenson

Really big news hit this morning. And today is April 2nd, so we can't dismiss this as an April-fools prank.

I explain it all with context below. But the summary is this: we're well on track for the oil supply shortage(s) and price spike(s) that I’ve been writing about for the past few years. It will all hit sometime between now and 2022 is my latest projected timeframe.

This will be a before-and-after story. Before the coming price spikes, so much seemed possible. After they hit, so much less will be. The transition from Easy to Hard is now fully underwaym and you need to be eyes wide open about the data.
Image | Deconstructing The Green New Deal
Deconstructing The Green New Deal
by Chris Martenson

The Green New Deal (GND) is important as a starting point to have a long, long overdue conversation about energy. Specifically: How are we going to eventually transition away from fossil fuels?

As such, the proposal — while (very) far from perfect — should not be ignored and deserves our attention. 

It's also important because it represents the sorts of zig-zags our social and political paths are inceasingly likely to take in the coming future as we're forced to face our looming economic, ecological and energy-related predicaments.
Deconstructing The Green New Deal
 by Chris Martenson

The Green New Deal (GND) is important as a starting point to have a long, long overdue conversation about energy. Specifically: How are we going to eventually transition away from fossil fuels?

As such, the proposal — while (very) far from perfect — should not be ignored and deserves our attention. 

It's also important because it represents the sorts of zig-zags our social and political paths are inceasingly likely to take in the coming future as we're forced to face our looming economic, ecological and energy-related predicaments.
Total 1092 items

Community

Top Conversation

 Prep Now for the Coming Winter Challenges
I’ve been doing a lot of thinking about the needs and sustainability of our family. We have six young children, our oldest just turned 12 and our youngest just turned 3 months old. I love the considerations that the article had above and thought I would add a few things that I have considered for our situation. My...
Image | hgrootveldgmail-com by hgrootveldgmail-com
36 95
View the conversation
Image | Proton Mail

Proton Mail

Learn more
Image | AlertsUSA

AlertsUSA

Learn more