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Iran threatens to stop oil exports, considers anti-Europe sanctions — RT

Iran warns that it could stop exporting oil, driving global crude prices up, should the US and allied Europe tighten sanctions further. For such a case, Tehran says, it has a contingency strategy to carry on without oil revenues.
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Space versus Oil
Oil is the enemy of Mankind. Our destiny lies in space.
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Solar Costs Will Fall Another 40% In 2 Years. Here’s Why.

Solar Costs Will Fall Another 40% In 2 Years. Here’s Why. | Space versus Oil | Scoop.it
Originally published on RenewEconomy.

It’s been one of the big themes at the World Energy Future Conference here in Abu Dhabi. Solar, and other technologies such as wind power, are no longer more expensive than traditional fossil fuels in many parts of the world. Indeed, they are cheaper.

The big oil and gas players recognise this. Dr
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China is going to mine the Moon for helium-3 fusion fuel | ExtremeTech

China is going to mine the Moon for helium-3 fusion fuel | ExtremeTech | Space versus Oil | Scoop.it
China's space program has been steadily marching towards its goals. Its recent Chang'e 3 mission was only to take spectrographic and ground penetrating radar measurements, but this year's Chang'e 5 missions will bring back the first samples containing the actual prize -- fusion-ready helium-3.
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Crushing The U.S. Energy Export Dream

Crushing The U.S. Energy Export Dream | Space versus Oil | Scoop.it
For all the talk in the media and in the industry, in the longer-term picture, U.S exports of both natural gas and crude oil appear to both be terrible ideas
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If oil drops below $30 a barrel, brace for a global recession

If oil drops below $30 a barrel, brace for a global recession | Space versus Oil | Scoop.it
The price of oil is about $17 a barrel away from signaling that a global recession is inevitable, according to a new survey of investment professionals.
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Bernie Sanders: Passing Keystone XL Means A 'Significantly Less Habitable' Planet

Bernie Sanders: Passing Keystone XL Means A 'Significantly Less Habitable' Planet | Space versus Oil | Scoop.it
As the Senate prepares to vote on whether climate change is real as part of the proposed Keystone Pipeline bill, Sen. Bernie Sanders (I-Vt.) strongly believes “it’s a good idea” for President Barack Obama to veto the bill.

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Special report: How the rise of a mega solar panel farm shows us the future of energy

Special report: How the rise of a mega solar panel farm shows us the future of energy | Space versus Oil | Scoop.it
After about an hour of weaving up and down the winding, mountainous, two-lane highway that is route 58, eastbound from San Luis Obispo, I honestly started to wonder where 9 million solar panels — one of the world’s largest operating solar panel farms that was built in this region — could be hiding. I passed…
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Axa IM warns that companies linked to fossil fuels risk their reputations

Axa IM warns that companies linked to fossil fuels risk their reputations | Space versus Oil | Scoop.it
Climate risk is becoming ‘synonymous with reputation risk’ as a growing fossil fuel divestment movement gains traction with investors around the world, says major European investor Axa Investment Managers
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Oil fall could lead to capex collapse: DoubleLine's Gundlach

Oil fall could lead to capex collapse: DoubleLine's Gundlach | Space versus Oil | Scoop.it
NEW YORK (Reuters) - DoubleLine Capital's Jeffrey Gundlach said on Tuesday there is a possibility of a true collapse in U.S. capital expenditures and hiring if the price of oil stays at its current level.
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Energy Crash — 97% of Fracking Now Operating at a Loss at Current Oil Prices

Energy Crash — 97% of Fracking Now Operating at a Loss at Current Oil Prices | Space versus Oil | Scoop.it
This could be a disaster in the making.
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Heavyweight Response to Local Fracking Bans

Heavyweight Response to Local Fracking Bans | Space versus Oil | Scoop.it
The oil and gas industry has responded aggressively to a wave of local, citizen-led bans on hydraulic fracturing, arguing in court that only state officials can impose such rules.
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Oil companies slow spending at rapid pace

Oil companies slow spending at rapid pace | Space versus Oil | Scoop.it
Oil company executives clearly see the writing on the wall and are dramatically lowing spending heading into 2015. Unfortunately, existing wells will likely continue to produce more oil than we need, particularly as OPEC maintains its quotas and Russia boosts production. All of these factors point to potentially lower crude prices in 2015 and more pain for Houston.
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Rebecca Solnit: The Age of Capitalism is over

Rebecca Solnit: The Age of Capitalism is over | Space versus Oil | Scoop.it
Rebecca Solnit assesses our poisonous fossil fuel dependency -- and why we're on the verge of a paradigm shift
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Al Gore warns oil chiefs against climate denial

Al Gore warns oil chiefs against climate denial | Space versus Oil | Scoop.it
NEWS: At World Economic Forum in Davos, former US vice president accuses oil executives of "wishful thinking" on climate risk
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Saudi power giant sees solar taking on base load fossil fuels

Saudi power giant sees solar taking on base load fossil fuels | Space versus Oil | Scoop.it
Saudi Arabian power giant says combination of cheap solar PV and solar tower and storage will be cheaper, cleaner and more reliable than base-load fossil fuels. The market is now talking about a "s...
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Oil Drillers ‘Going to Die’ in 2Q on Crude Price Swoon

Oil Drillers ‘Going to Die’ in 2Q on Crude Price Swoon | Space versus Oil | Scoop.it
Oil drillers will begin collapsing under the weight of lower crude prices during the second quarter and energy explorers who employ them will shortly follow, according to Conway Mackenzie Inc., the largest U.S. restructuring firm.
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OPEC, oil companies clash at Davos over price collapse

OPEC, oil companies clash at Davos over price collapse | Space versus Oil | Scoop.it
DAVOS, Switzerland (Reuters) - OPEC defended on Wednesday its decision not to intervene to halt the oil price collapse, shrugging off warnings by top energy firms that the cartel's policy could lead to
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Battery Performance Is Hurting Hawaii’s Solar Push | MIT Technology Review

Battery Performance Is Hurting Hawaii’s Solar Push | MIT Technology Review | Space versus Oil | Scoop.it
Kauai’s utility takes a second stab at battery storage as solar heads toward 80 percent of peak power.
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Gail Tverberg: This Is The Beginning Of The End For Oil Production - YouTube

Full description and comments at: http://www.peakprosperity.com/podcast/91503/gail-tverberg-beginning-end-oil-production With the recent collapse in the pric...
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Why Oil Prices Are Headed Below $35 a Barrel

Why Oil Prices Are Headed Below $35 a Barrel | Space versus Oil | Scoop.it
It's getting serious now: On Wednesday, West Texas Intermediate futures tested a low o
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Stable climate demands most fossil fuels stay in the ground, but whose?

Stable climate demands most fossil fuels stay in the ground, but whose? | Space versus Oil | Scoop.it
Study estimates how much each country can produce.
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Oil price crashes through $54 barrier sparking equity sell-off - Telegraph

Oil price crashes through $54 barrier sparking equity sell-off - Telegraph | Space versus Oil | Scoop.it
The price of Brent Crude, the global benchmark for oil, has fallen below $54 per barrel for the first time in more than five and a half years, dragging the FTSE 100 lower
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How Solar Power Could Slay the Fossil Fuel Empire by 2030

How Solar Power Could Slay the Fossil Fuel Empire by 2030 | Space versus Oil | Scoop.it
A Stanford business professor predicts that today’s energy and automobile industries will be swept away in just over a decade by solar and wind power, and electric cars.
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How increased inefficiency explains falling oil prices

How increased inefficiency explains falling oil prices | Space versus Oil | Scoop.it
Since about 2001, several sectors of the economy have become increasingly inefficient, in the sense that it takes more resources to produce a given output, such as 1000 barrels of oil. I believe th...
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