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Keyword: peak

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  • Orionid meteor shower peak tonight! (Oct 20/21 after midnight/before dawn)

    10/18/2017 4:00:07 PM PDT · by ransomnote · 10 replies ^ | October 20, 2017 | Bruce McClure
    This weekend presents the Orionid meteor shower at its best, and tonight – the night of October 20-21, 2017 – may well be the shower’s peak night. Late Saturday night and Sunday morning may be good times to watch as well. On both of these nights, meteors should become visible starting at late evening. They’ll probably be most prolific in the few hours before dawn on October 21, but try watching before dawn on October 22, too. From a dark site, you might see a maximum of about 10 to 15 meteors per hour. Fortunately, today is only one day...
  • Bill Gross: $10 trillion negative yield 'supernova' will 'explode'

    06/10/2016 12:14:17 PM PDT · by BenLurkin · 15 replies
    CNBC ^ | 06/10/2016 | Jeff Cox
    Bond guru Bill Gross believes the growing global move toward negative yields will have dire consequences. In a tweet from his firm, Janus Capital, Gross goes back half a millennium to assert that the current situation with the world's debt market is unprecedented and dangerous: The warning comes as yields on Japanese government bonds and German bunds hit record lows.
  • Oil Hits 6-Month High on Crude Inventory Draw

    05/11/2016 3:27:10 PM PDT · by bananaman22 · 9 replies ^ | 11-05-2016 | Charles
    Crude oil futures rose 3.5 percent in mid-afternoon trading on Wednesday, following official data earlier in the day showing a 3.4-million drop in crude inventories and a fall in crude output to 8.8 million barrels per day, the lowest since the fourth quarter of 2014. June deliveries of West Texas Intermediate (WTI) were up US$1.57, or 3.5 percent, settling at US$46.23 per barrel on the New York exchange. This jump is higher than any closing price the commodity has seen since November of last year.
  • Solar Power No Help During California's Late Peak Winter Hours

    12/13/2013 1:20:47 PM PST · by WayneLusvardi · 32 replies ^ | December 13, 2013 | Wayne Lusvardi
    Solar power is popular nowadays as a “renewable,” non-polluting energy source. It helps California comply with AB32, the Global Warming Solutions Act of 2006, which mandates a 25 percent reduction in greenhouse gases in the state by 2020. “Even on short winter days, California is breaking solar energy records,” declared environmental writer Chris Clarke on the website of KCET, America’s largest independent public TV station, which broadcasts across Southern California. Clarke was jubilant that solar power had generated more than 2,800 megawatts of electricity just before noon on that day. There also was 1,898 megawatts of rooftop solar power generated...
  • R.I.P. The Oil Drum 2005-2013 {Peak Oil proclaimers giving up}

    07/05/2013 11:05:18 AM PDT · by thackney · 23 replies
    Red State ^ | July 3rd, 2013 | Steve Maley
    It was with some dismay that I read this morning of the impending end of The Oil Drum, perhaps the leading “peak oil” blog … … due to scarcity of new content caused by a dwindling number of contributors. Despite our best efforts to fill this gap we have not been able to significantly improve the flow of high quality articles. Because of this and the high expense of running the site, the board has unanimously decided that the best course of action is to convert the site to a static archive of previously published material as of 31st July...
  • The Latest Major Energy Discovery Could "Dwarf North Dakota" (Louisiana)

    03/10/2013 11:54:34 AM PDT · by stinkerpot65 · 42 replies ^ | January 29, 2013 | Chad Tracy
    As the Cline is roughly 9,800 square miles in size, this works out to estimated reserves in excess of 30 billion barrels. These reserves could easily eclipse the Bakken (4.3 billion barrels according to conservative government estimates) and the Eagle Ford (3 billion barrels).
  • Peak Oil Bites the Dust

    01/29/2013 5:05:25 AM PST · by Renfield · 19 replies
    The Daily Bell ^ | 1-25-2013
    $20 trillion shale oil find surrounding Coober Pedy 'can fuel Australia' ... Coober Pedy has between 3.5 billion and 233 billion barrels of oil Australia could change from oil importer to exporter ... South Australia is sitting on oil potentially worth more than $20 trillion, independent reports claim - enough to turn Australia into a self-sufficient fuel producer. Brisbane company Linc Energy yesterday released two reports, based on drilling and seismic exploration, estimating the amount of oil in the as yet untapped Arckaringa Basin surrounding Coober Pedy ranging from 3.5 billion to 233 billion barrels of oil. At the higher...
  • Gas tanks are draining family budgets

    05/27/2011 6:32:09 PM PDT · by george76 · 113 replies
    AP ^ | May 27, 2011 | Jonathan Fahey
    As summer driving season begins, squeezing the gas pump means squeezing the family budget . Households spent an average of $369 on gas last month. In April 2009, they spent just $201. Families now spend more filling up than they spend on cars, clothes or recreation. Last year, they spent less on gasoline than each of those things. ... The ramifications are far-reaching for an economy still struggling to gain momentum two years into a recovery. Economists say the gas squeeze makes people feel poorer than they actually are. They're showing it by limiting spending far beyond the gas station....
  • Crude Oil Price Surge and Supply, There Are No Good Outcomes

    03/06/2011 5:38:41 PM PST · by blam · 65 replies
    TMO ^ | 3-6-2011 | James Quinn
    Crude Oil Price Surge and Supply, There Are No Good Outcomes Commodities / Crude Oil Mar 06, 2011 - 08:04 AM By: James Quinn The political class and their mouthpieces in the corporate controlled mainstream media are desperately trying to spin the oil price surge as a temporary inconvenience that will not derail their phony recovery story. Brent crude closed at $116 per barrel yesterday. West Texas crude closed at $104 per barrel. Unleaded gas has risen by 22% in the last month and 60% since September 1, 2010. I’m sure this slight increase hasn’t impacted Ben Bernanke or Lloyd...
  • Police chief: Threat of attack on France hits peak

    09/22/2010 7:39:04 AM PDT · by nuconvert · 7 replies
    The threat of a terrorist attack on French soil is at its highest as authorities suspect al-Qaida's North African affiliate may be plotting a conventional bomb attack on a crowded target, the director of the country's national police said Wednesday.
  • Energy insider issued wake-up call Financier believed world was near peak oil production

    08/10/2010 11:04:02 PM PDT · by Nachum · 12 replies
    Houston Chronicle ^ | 8/10/10 | Tom Fowler
    Investment banker Matt Simmons, who died suddenly over the weekend, was an energy industry insider and presidential adviser whose profile soared when he wrote that Saudi Arabia is running out of oil and world production is peaking. (Snip) But it was his 2005 best-selling book, Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy, that brought him a wider audience. The book argued that Saudi Arabia vastly overstated the size of its oil reserves and that the world was on the verge of a severe oil shortage as the largest oil fields become depleted.
  • Geology Picture of the Week, March 21-27, 2010: Black Tusk

    03/25/2010 9:15:53 PM PDT · by cogitator · 9 replies · 516+ views
    While watching the Winter Olympics, you might have seen a prominent crag near the Whistler Ski Area. It took exhaustive searching for me to finally figure out that this peak is called "Black Tusk". If you knew that, very good! Below are some pictures of it. Click for full-size: Click for full-size: Click for full-size: Click for full-size:
  • Domestic Terror Incidents Hit a Peak in 2009

    12/23/2009 9:21:19 AM PST · by Nachum · 9 replies · 508+ views
    Time ^ | 12/23/09 | Bobby Ghosh
    You may not have noticed because most of the plots were foiled, but 2009 saw an unprecedented surge in terror "events" on U.S. soil. When analysts tally these events, they refer to anything from a disrupted plot to U.S. citizens traveling abroad to seek terror training or a lone gunman running amok in the U.S. And by the calculations of Rand Corporation expert Brian Jenkins, more terrorist threats were uncovered in the U.S. during 2009 than in any year since 2001.
  • Property Values Set to Fall from Bubble Peak to Long-Run Average

    11/07/2009 9:11:54 AM PST · by Son House · 39 replies · 1,494+ views
    Seeking Alpha ^ | November 05, 2009 | Seeking Alpha
    Price Trends / WAR OF THE WORLDS (Round # 2): If you use 120 years of data for your time horizon, and assume prices will return to the average, then our residential property bubble will fall 49% from the bubble peak to the long-run average (see above (a) aka “(x) - (z) / 202” aka “Projected Fall Peak to Trend”). This total projected fall is less than the 60% predicted in my recent post based upon 20 years of data and a trend line drawn with the eye (click here to see that post). Property Values Set to Fall 43%...
  • Pimco's Gross calls top of rally in risky assets(Almost all assets appear overvalued)

    10/27/2009 10:40:05 AM PDT · by TigerLikesRooster · 18 replies · 861+ views
    Market Watch ^ | 10/27/09 | Alistair Barr
    Pimco's Gross calls top of rally in risky assets Almost all assets appear overvalued, bond investment giant warns By Alistair Barr, MarketWatch SAN FRANCISCO (MarketWatch) - Bill Gross, managing director at fixed-income giant Pimco, called the top of the recent rally in stocks and other risky assets on Tuesday. "The six-month rally in risk assets -- while still continuously supported by Fed and Treasury policymakers -- is likely at its pinnacle," Gross wrote in his monthly market commentary. The U.S. economy and most other developed economies became too reliant on rising asset prices, rather than the production of goods and...
  • Purdue researchers: H1N1 about to peak

    10/21/2009 9:20:25 AM PDT · by blf1776 · 11 replies · 914+ views
    WLFI TV18 ^ | 10-21-2009 | WLFI TV18
    WEST LAFAYETTE, Ind. (WLFI) - Two Purdue University math researchers have predicted the novel H1N1 flu will peak so early that planned vaccinations will not have a large effect on the number of people infected. Sherry Towers, from Purdue's statistics department, and Zhilan Feng, from Purdue's math department, used a mathematical model to predict the spread of the disease. They used data collected by the Centers for Disease Control in May, June, July and August. The result? The model predicted that H1N1 infections will reach their peak in either the week before or the week after Halloween. The researchers said...
  • Geology Picture of the Week, Sep. 27 - Oct. 3, 2009: Ladyfinger and Ultar Peak

    10/01/2009 10:18:38 PM PDT · by cogitator · 5 replies · 534+ views
    Funny thing about this one; I was trying to use the newly flawed Panoramio to find a interesting picture of the geology of Kazakhstan (for fun). Well, it turns out the Kazakhstan looks a lot like Kansas. But when I used Kazakhstan as a keyword in Panoramio, I found this. It's in Pakistan, end of the Karakoram Range. Ultar Realize that Panoramio is a branch of Google; this does not say much for the accuracy of their search function. But it's a very impressive peak. A killer of climbers too, from the background information I read. Click the first and...
  • Peak Oil’ Is a Waste of Energy

    08/25/2009 2:41:31 PM PDT · by WOBBLY BOB · 18 replies · 935+ views
    NY Slimes ^ | 8-24-09 | MICHAEL LYNCH
    REMEMBER “peak oil”? It’s the theory that geological scarcity will at some point make it impossible for global petroleum production to avoid falling, heralding the end of the oil age and, potentially, economic catastrophe. Well, just when we thought that the collapse in oil prices since last summer had put an end to such talk, along comes Fatih Birol, the top economist at the International Energy Agency, to insist that we’ll reach the peak moment in 10 years, a decade sooner than most previous predictions (although a few ardent pessimists believe the moment of no return has already come and...
  • Wounded Warriors Set Out to Conquer North America’s Highest Peak

    06/01/2009 5:16:55 PM PDT · by SandRat · 1 replies · 268+ views
    American Forces Press Service ^ | Samantha L. Quigley
    WASHINGTON, June 1, 2009 – Today marks the start of a monumental challenge for four wounded veterans, their two mentors and one guide, as they move from the base of North America’s highest peak in Alaska’s Denali National Park to the mountain’s base camp at an elevation of 6,850 feet. Denali, formerly known as Mount McKinley, challenges anyone so bold as to try to conquer its peak, some 20,320 feet into the Alaskan sky. Bob Haines, a firefighter and retired Army sergeant first class, said that regardless of training, Denali demands a lot of anyone. The team has been...
  • The 'Peak Oil' Myth: New Oil Is Plentiful

    06/22/2008 11:43:06 AM PDT · by shrinkermd · 74 replies · 290+ views
    Seeking Alpha ^ | 22 June 2008 | Jason Schwarz
    The data is becoming conclusive that peak oil is a myth. High oil prices (USO) (OIL) are doing their job as oil exploration is flush with new finds: 1. An offshore find by Brazilian state oil company Petrobras (PBR) in partnership with BG Group (BRGYY.PK) and Repsol-YPF may be the world's biggest discovery in 30 years 2. A trio of oil companies led by Chevron Corp. (CVX) has tapped a petroleum pool deep beneath the Gulf of Mexico that could boost U.S. reserves by more than 50 percent.. 3.West Cape Three Points is the largest discovery in deep water West...