Proven Petroleum Reserves and the Myth of “Peak Oil”

"Approaching Unheard Of Inventory Levels": Exxon, Chevron Issue Apocalyptic Warning About What Happens Next To Oil Just about two months ago, JPMorgan did the math on "How Long Before The World Hits Crude Oil Operational Minimum." The punchline was that while the market can hold hundreds of millions of barrels, it would still become fragile once working stocks fell too low. Like blood pressure in the human body, the issue is circulation.  Then, approximately 4 weeks later, the bank followed up this analysis with some more math, explaining "Why Hormuz Will...

AI Surveillance Should Scare Both Democrats And Republicans Authored by Brendan Steinhauser via RealClearPolitics, In a country desperate for unifying issues, there is growing consensus on one: surveillance of American citizens. From progressives who want to hold ICE accountable to conservatives who fear Big Government, an ever-expanding federal government has put many Americans on high alert, and artificial intelligence is only making matters worse. To quote New York Times columnist Tressie McMillan Cottom, “ICE is watching you.” It is true: U.S. Immigration and Customs Enforcement saw its 2025 budget triple to nearly $30...

US, Iran Agree To Meet For Talks In Pakistan Friday As Both Declare 'Victory'; Saudi East-West Pipeline Hit By Drone Summary:  The Hegseth/Caine presser as expected declared 'victory' in Iran while Gen. Caine emphasized the ceasefire is a "pause" but US forces remain "ready to resume combat." Hegseth says "military will be hanging around in Iran, won't go anywhere, and will make sure Iran complies. Pentagon is trying to put a bow on Operation Epic Fury. US, Iran agree to meet for first direct talks in Islamabad Friday, Pakistan PM Sharif announces. Iran meanwhile...