Author Archives: energyskeptic

California Shale Oil & Gas

US officials cut estimate of recoverable Monterey Shale oil by 96% Sahagun, L. May 21, 2014. Los Angeles Times. Federal energy authorities have slashed by 96% the estimated amount of recoverable oil buried in California’s vast Monterey Shale deposits, deflating … Continue reading

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Homer-Dixon Key findings on resources and war / violence

The Project on Environmental Scarcities, State Capacity, and Civil Violence Key Findings Abot 50 experts from 5 countries, developed a detailed set of conceptual tools for thinking about environmental scarcity and state capacity. Environmental scarcity has 3 sources: reduced resource … Continue reading

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Cash is King in a deflation — but there are dangers

Risk 1: Capital controls Restrictions on bank withdrawals (no ATM withdrawals, no bill payments, etc) Restrictions on money market fund redemptions Greater restrictions on retirement fund liquidations Fixing an official exchange rate and criminalizing market rate transactions Banning the conversion … Continue reading

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How Companies Plunder and Profit From the Nest Eggs of American Work

Retirement Heist: How Companies Plunder and Profit From the Nest Eggs of American Workers By Ellen E. Schultz    Portfolio/Penguin 2011 216 pages, in hardcover and paperback August 20, 2012. UE News – Summer 2012 issue We already knew that employers … Continue reading

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Why Treasury Bills are likely to be safe for at least a few years

my comment: SHORT-TERM 4-week or 13-week treasury BILLS that is Apr 19, 2012   Ilargi at the automaticearth.com Mauldin: unproductive government debt is killing us. So we either make some big, tough collective decisions, and make them soon; or we come … Continue reading

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After a nation crashes it can’t afford oil, collapse happens FAST

Why fixing energy policy is so difficult April 25, 2011 by Gail Tverberg Everyone would like to fix the US energy policy, but doing so is almost impossible, in my view, because we need to be planning for a much bigger … Continue reading

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Natural Gas used in Agriculture

Will Natural Gas Fuel America in the 21st Century? May 2011    Post Carbon Institute Agriculture and Natural Gas by Michael Bomford Michael Bomford is a research scientist and extension specialist at Kentucky State University and an adjunct faculty member in … Continue reading

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Bill Black on why there aren’t any prosecutions for financial fraud

2011 Will Bring More De facto Decriminalization of Elite Financial Fraud Dec 28, 2010   Bill Black The role of the criminal justice system with regard to financial fraud by elite bankers in 2011 is likely to reprise its role last … Continue reading

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Inflation: defining and identifying it

Ilargy 2011 automatic earth The fact that there’s all that zombie money around (or zombie credit, to be precise) leads many to believe the US witnesses inflation. Not true. Inflation is not the same as rising prices. Prices can rise … Continue reading

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How you’re tricked into thinking there is an economic recovery

Ilargi 2011 theautomaticearth A real recovery would require a surge in real productivity, i.e. outside of the service industry. Where and how have we increased production since the crisis started? Obviously, nowhere. The vast majority of “jobs created” is in … Continue reading

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