Tag Archives: Venezuela

Venezuela – when will it collapse?

Preface. This is a book review of Newman’s 2022 “Things are never so bad that they can’t get worse”. He lived in Venezuela from 2012 to 2016 as a correspondent for The New York Times.  Venezuela and Canada have the … Continue reading

Posted in Corruption & Finance, Crime, Gangs, Corrupt police, Private security, Venezuela | Tagged , , , , , , | Comments Off on Venezuela – when will it collapse?

North Korea: what happened when the oil was cut off?

Preface. All nations will eventually run low and then out of petroleum, so it is worthwhile to see what happened to those countries where oil was scarce first to get glimpses of our own fate and perhaps try to mitigate … Continue reading

Posted in North Korea, Oil shock collapse | Tagged , , , , , | 1 Comment

Venezuela collapse: looting, hunger, blackouts, environmental catastrophe

Preface. Venezuela is experiencing a double whammy of drought and low oil prices, which has lead to blackouts and inability to import food, due to their oil production peaking in 1997.  If you want to know how collapse will unfold … Continue reading

Posted in Social Disorder, Venezuela | Tagged , , | 5 Comments

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 Peak Oil, Tar Sands (Oil Sands), Venezuela | Tagged , , | 2 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). Preface. Venezuela supposedly has 18.2% of the … Continue reading

Posted in Mass migrations, U.S. Congress Energy Dependence, Venezuela | 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 Shale, Tar Sands (Oil Sands) | Tagged , , , , , , | 2 Comments