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Peak Oil

The term “Peak Oil” has been thrown around a lot. But what will it really mean for most of us when it comes? Greg Pahl explains that, and why peak oil is the most pressing global issue, in the Rutland Herald.

Renowned petroleum geologist Colin Campbell estimates that global extraction of oil will peak before 2010, probably around 2007. Geophysicist Kenneth Deffeyes says the date for maximum production will be this November. The current instability in the international oil market tends to confirm that we probably are approaching peak oil. But the exact date may be somewhat academic. This is because if the rollover point at the top of the peak does occur within the next few years, there simply isn’t enough time left to make the massive shift to the renewable energy strategies that would allow for a smooth transition from our present oil-based economy.

Greg Pahl also notes that supplies of natural gas are as unreliable and rapidly declining as oil. What’s the real situation with natural gas and liquid natural gas? Julian Darley and the Postcarbon Institute sent this update from WorldWatch this morning:

WORLD WATCH

Judging by the latest trends in spot LNG trade, the Henry Hub gas price on the US Gulf Coast is increasingly setting the tone. Despite global growth in LNG, the market has been hit by shortages in recent months due to an unexpected series of problems at liquefaction trains. As a result, the US market, which has seen prices at Henry Hub almost double over the summer, has seen no gains in LNG imports. In fact, total third quarter import volumes into the US were off by more than 20% from a year earlier. The paucity of supplies into the US is a direct result of strong European demand in addition to the problems at export plants. Asian LNG markets are tight too, with both Korea and Japan increasing their imports and showing a willingness to pay above Henry Hub levels. LNG trade seems to be transmitting the market pressures in the US to gas prices around the world. Magda Jura in New York


Get Ready, Get Resilient

Are you resilient? How about we put your answer to the test, literally. Now, we know that assessment is always an important, albeit imperfect, subjective, and incomplete tool. In order to understand one’s skill in living a resilient lifestyle, Ben Falk, author of the award-winning The Resilient Farm and Homestead, developed the following assessment tool. […] Read More

Happy Holidays from Chelsea Green Publishing!

Today we kick off our Holiday Sale — with 35% off every purchase at our online bookstore. Simply use the code CGS16 at checkout from now until the end of the year. Along with this great discount, we are offering free shipping on any order over $100*. Are there homesteaders or organic gardeners on your […] Read More

The 5 Rules of Lean Thinking

Are you ready to co-create the future? These 5 Rules of Lean Thinking are a useful tool as we set out to collectively invent a post-market future. Surviving the Future is a story drawn from the fertile ground of the late David Fleming’s extraordinary Lean Logic: A Dictionary for the Future and How to Survive […] Read More

Imagination, Purpose & Flexibility: Creating an Independent Farmstead – Q&A (part 1)

Twenty years ago, the land that authors Shawn and Beth Dougherty purchased and have come to name the Sow’s Ear was deemed “not suitable for agriculture” by the state of Ohio. Today, their family raises and grows 90% of their own food. Such self-sufficiency is largely the result of basing their farming practices around intensive […] Read More

Using Permaculture Principles to Design Resilient Cities

The Permaculture City begins in the garden but takes what we have learned there and applies it to a much broader range of human experience; we’re not just gardening plants but people, neighborhoods, and even cultures. Author Toby Hemenway (Gaia’s Garden) lays out how permaculture design can help towndwellers solve the challenges of meeting our […] Read More
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