Tag Archives: Venezuela

Nafeez Ahmed: Venezuela’s collapse is a window into how the Oil Age will unravel

Preface. Ahmed is one of the best writers on the energy crisis and other biophysical calamities. He’s written about why many states are failing now in part due to peak oil, but also drought and other biophysical factors in his … Continue reading

Posted in Central & South America, Oil (Tar) Sands, Peak Oil | Tagged , | 1 Comment

Venezuela collapse: looting, hunger, blackouts

Preface. Venezuela is experiencing a double whammy of drought and low oil prices, which has lead to blackouts and inability to import food, ultimately due to their oil production peaking in 1997.  The same fate awaits the U.S.  So when … Continue reading

Posted in Central & South America, Social Disorder | Tagged , | 3 Comments

House hearing on Venezuela’s collapse March 2017

“The economy of Venezuela is largely based on the petroleum sector and manufacturing. Revenue from petroleum exports accounts for more than 50% of the country’s GDP and roughly 95% of total exports” (wiki). [ This is a summary of the … Continue reading

Posted in Central & South America, Energy Dependence, Mass migrations | Tagged , , , | 4 Comments

Over and under-cooked oil — tar sands, “fracked” tight oil & gas, oil shale

[ This article discusses why it’s so hard and expensive to extract difficult oils like tar sands, oil shale, and tight “fracked” oil, for reasons such as: These are at the bottom of the resource pyramid, so there may be … Continue reading

Posted in Oil & Gas Fracked, Oil (Tar) Sands, Oil Shale | Tagged , , , , , , | 2 Comments

North Korea: what happens to a country when the oil is cut off?

[ Related posts: Book review of “In order to live: A North Korean girl’s journey to freedom” by Yeonmi Park Inside North Korea’s Environmental Collapse Who Lives, Who dies in a never-ending energy crisis. Book review of Nothing to Envy. … Continue reading

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