In Part I, we mentioned how uncertain past data is, in particular for the countries of the Former Soviet Union. Furthermore, gold producers try to inflate their discoveries to get higher stock markets values, even to the extent of fraud. A series of high profile resource stock scams took place [...]
This is the second installment of a guest post by Jean Laherrére on peak gold. The first part can be read here. This time Jean takes a macroscopic perspective on gold mining for the world as whole.
Note: This post contains 33 images amounting to 1.5 [...]
1. Dubais early impact
2. China in 2010
3. Copenhagen
Correction
Quote of the Week
The Briefs [...]
The Industrial Revolution changed the fundamental organization of human societies. Agrarian communities became eclipsed by modern industrial cities. Transportation, industry, agriculture, communications, leisure, services, and nearly every facet of daily life have been revolutionized by the harnessing of fossil fuels. Currently, living a typical modern lifestyle is more dependent upon [...]
...A debate rages as to the precise date of peak oil production, but in general it is undeniable that the Second Half of the Oil Age now dawns. The high oil prices, combined with the extreme distortion of the financial system, has led to what may prove to be the [...]
Peak oil: Social, economic, political and financial impacts and historical background - Colin J Campbell and Walter Ryan-Purcell [PDF]
A debate rages as to the precise date of peak oil production, but in general it is undeniable that the Second Half of the Oil Age now dawns. The high oil [...]
In recent editions of their World Energy Outlook, the IEA has been reducing their forecast for 2030 total oil supply. But forecasting a decline in OECD consumption is a radical shift.
Here at The Oil Drum we see peak oil occuring well before 2030, with production at [...]
Peak oil: the summit that dominates the horizon
These expressions of concern have stoked the fires of the "peak oil" community, which has been warning for some years that global politicians are failing to move fast enough to conserve oil and move to a low-carbon economy. The dissidents include experienced [...]
With production halved since 2000, companies want more help with tax breaks
Europa Oil & Gas has just started drilling in Lincolnshire, part of a long tradition of small companies hoping to strike "black gold" in Britain. But, whereas hope springs eternal in the minds of the oil men, Peak Oil [...]
Rising prices and greater environmental awareness are among the possible outcomes
IF OIL really is running out faster than is generally realised then the real price of crude should be well over double the current already high price of about $75 a barrel, experts believe.
A level of $200 a barrel was [...]
Massive new oil finds off the southern states of America and Brazil plus exciting discoveries in [...]
Dubaimeaning the few poweful men in controllaunched itself on a campaign to become the combo Las Vegas, Miami and Wall Street of the Mideast. That meant huge construction projects and rampant purchasing [...]
We are so often told about the problems of climate change by the various political parties in Britain, but in fact the changing climate is just one of a number of factors [...]
1. Production and prices
2. Will China continue to grow?
3. Copenhagen
4. Uranium
Quote of the Week
The Briefs [...]
As the politics and philosophical arguments about Peak Oil continue to rage, science continues to move steadily onward, progressively creating new and better ways to both find and extract oil that we never could have previously discovered, as well as get a lot more bang for our buck by more [...]
This is a guest post by Jean Laherrère on gold. Although of little relevance to our economies in the present day, this precious metal has been used as money for many thousands of years, and still retains its importance and value. In a two part article, Jean analyses how gold [...]
Groups and individuals speaking out about forthcoming world oil supply challenges are frequently stereotyped as a fringe element with little knowledge about the oil industry. But their warnings [...]
This is a guest post by Jean Laherrère on gold. Although of little relevance to our economies in the present day, this precious metal has been used as money for many thousands of years, and still retains its importance and value. In a two part article, Jean [...]
This series was based on the analysis of Canadian economist and author Jeff Rubin, whose recent book examined the implications of peak oil (Why Your World Is About to [...]
