25 Feb '13, 12am

#ENERGY: #Peak #Oil and the Great #Recession: #economy #collapse #growth #peakoil #resilience #preppers #shale

The year 2008 will be remembered as a major turning point in industrial history, for it was the first year when the world got a taste of the unpredictable price spikes that come from inadequate oil supplies. The first half of the year was marked by a steady increase in the weighted average price of oil, which started the year at about $90 a barrel and finally peaked in July just shy of $150 a barrel. At the same time, the global economy was contracting rapidly with falling industrial production, falling exports, and rising unemployment. By July 1, 2008, many industries that are dependent on oil, especially the airline and trucking industries, were desperate and in danger of being forced out of business. With the average price of gasoline above $4 a gallon in the United States (above $5 in California), car sales plummeted, leading to bankruptcy for much of the U.S. automobi...

Full article: http://www.postcarbon.org/report/337579-energy-peak-oil-a...

Tweets

The Perils of Ignoring the #Water - #Energy Nex...

postcarbon.org 25 Feb '13, 12am

As we pump gasoline into our automobiles, we watch the register ring up dollars, but we don’t see the water cost: some 13 ...

The End of #Growth: #economy #economic #energy ...

postcarbon.org 25 Feb '13, 12am

Philip Ackerman-Leist refocuses the local-food lens on the broad issue of rebuilding regional food systems that can replac...

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peakoil.com 23 Feb '13, 5pm

So-called refinery gains, which are usually included as part of our fuel supply, do not produce more energy; they simply p...

Dot Earth Blog: Exploring Climate Resilience an...

dotearth.blogs.nytimes.com 22 Feb '13, 11pm

I visited Los Angeles this week to discuss new approaches to environmental communication with students and faculty at the ...

5 great ways to enjoy Madrid

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aluxurytravelblog.com 27 Feb '13, 12am

El Escorial is a 16th Century royal monastery in the town of San Lorenzo de El Escorial, at the foot of the Sierra de Guad...

#Green Buzz: Have we reached 'peak sustainability'? Thankfully, not...

#Green Buzz: Have we reached 'peak sustainabili...

greenbiz.com 20 Feb '13, 9pm

Have we reached “peak sustainability”? It’s both an intriguing and worrisome idea — the notion that the much-hyped green b...

Renewable Energy Finance Forum Kicks Off Texas ...

renewableenergyworld.com 23 Feb '13, 2pm

Texas Renewable Energy Industries Association, TREIA has organized the Renewable Energy Finance Forum to kick off Texas En...

Denmark prohibits oil and gas heating systems in new buildings.

Denmark prohibits oil and gas heating systems i...

sunwindenergy.com 22 Feb '13, 10am

While most of the world is still complaining about high oil prices, almost completely unnoticed, the small country of Denm...

Starbucks Will Source Only Sustainable Palm Oil By 2015

Starbucks Will Source Only Sustainable Palm Oil...

triplepundit.com 25 Feb '13, 10am

Starbucks is not the only company to make a commitment to sourcing sustainable palm oil. Other companies in the last few y...