CC News Letter 20 Nov - Peak Oil, 20 Years Later: Failed Prediction or Useful Insight?






Dear Friend,

The first cycle of interest in oil depletion was started by Marion King Hubbert in the 1950s. Although it provided successful predictions for the production of crude oil in the US, the interest in oil depletion waned in the 1980s. The same destiny of growth and decline awaited the second cycle, that went under the name of “peak oil movement” and that was generated in 1998 by a famous article published by Colin Campbell and Jean Laherrere on “Scientific American.” Today, the second cycle is winding down and even mentioning the concept of “peak oil” is enough to be branded as a diehard catastrophist, unable to understand how the fracking revolution is leading us to a new age of prosperity under America’s energy dominance. Yet, there are symptoms that the great peak could be finally arriving and – who knows? – a third cycle of interest in oil depletion could be starting.

Also more stories from around the world. 

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In Solidarity

Binu Mathew
Editor
Countercurrents.org



Peak Oil, 20 Years Later: Failed Prediction or Useful Insight?
by Ugo Bardi 


The first cycle of interest in oil depletion was started by Marion King Hubbert in the 1950s. Although it provided successful predictions for the production of crude oil in the US, the interest in oil depletion waned in the 1980s. The same destiny of growth and decline awaited the second cycle, that went under the name of “peak oil movement” and that was generated in 1998 by a famous article published by Colin Campbell and Jean Laherrere on “Scientific American.” Today, the second cycle is winding down and even mentioning the concept of “peak oil” is enough to be branded as a diehard catastrophist, unable to understand how the fracking revolution is leading us to a new age of prosperity under America’s energy dominance. Yet, there are symptoms that the great peak could be finally arriving and – who knows? – a third cycle of interest in oil depletion could be starting.



ASEAN: Trade Wars And ZOPFAN
by Dr Chandra Muzaffar 


At the close of the 13th ASEAN Summit in Singapore on the 15th of November 2018, the Prime Minister of the island Republic, Lee HsienLoong, warned that the trade war between the United States of America and China may create circumstances “where ASEAN will have to choose one or the other.” He added, “I hope it does not happen soon.”



Netanyahu’s ceasefire is meant to keep Gaza imprisoned
by Jonathan Cook 


Palestinians in Gaza should have been able to breathe a sigh of relief last week, as precarious ceasefire talks survived a two-day-long, heavy exchange of strikes that threatened to unleash yet another large-scale military assault by Israel. Late on Tuesday, after the most intense bout of violence in four years, Israeli prime minister Benjamin Netanyahu and Hamas, the Islamic movement that rules Gaza, approved a long-term truce brokered by Egypt.



Increasing Road Accidents in Kashmir : Rules and Laws Need Overhaul
by Mir Suhail


No doubt, road accidents are in high numbers because of government apathy for ignoring road widening and road signs, while as the negligence of drivers also cannot be taken lightly while breaking signals, using mobile phones while driving, overtake from the wrong side. Surprisingly, recklessly youngesters performing wheelie on bikes, citizens take safety features as the least important thing when they drive vehicles or ride bikes .



Chronic Kidney Diseases In Narasinghpur, Odisha


A large number of people in all 157 villages of 33 Gram Panchayat of Narasingpurblock in Cuttack district are continuously suffering from Chronic Kidney Diseases (CKD). The patients are also continuously dying because of lack of proper treatment.The government of Odisha has closed its eyes from this epidemic like situation. On 17t – 18th November, 2017 a seven-members’team of Ganatantrik Adhikar Suraksha Sangathan, Odisha visited 8 villages of 5 Gram Panchayat of Narasinghpur block. 



Migrant caravan: branding migrants ‘human shields’ has a deadly motive
by Neve Gordon 


The “migrant caravan” is making its way towards the US border – and is facing countless obstacles and much opposition along the way. Most recently, protests erupted when a large group of the migrants reached the Mexican border town of Tijuana. Unsurprisingly, Donald Trump was quick to join the clamour, accusing them of causing “crime and big problems in Mexico”



Why First Nations People Regard America’s Thanksgiving Day as a National Day of Mourning
by Dr Gary G Kohls 


There is no historical evidence that the First Thanksgiving actually occurred in the year 1621, as most of us Americans have been carefully taught, but there is also no historical documentation that any Native Americans were invited to attend any of the fall harvest celebrations that any Pilgrims ever hosted. Some accounts suggest that about 90 Wampanoag heard the settlers firing guns and came to see the cause of the stir or even ready to enter battle. The story about how the aboriginals traded with the invading Pilgrims and taught them how to hunt and cultivate crops is usually exaggerated.



#Nicaragua #SouthKorea #HanyangUniversity #DongwoonHan
by Ashish Singh 


A #MeToo story from a South Korean university







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