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NEWS ~ Peak Oil

Peak oil, an event based on M. King Hubbert's theory, is the point in time when the maximum rate of extraction of petroleum is reached, after which the rate of production is expected to enter terminal decline.[1] Peak oil theory is based on the observed rise, peak, fall, and depletion of aggregate production rate in oil fields over time. It is often confused with oil depletion; however, peak oil is the point of maximum production, while depletion refers to a period of falling reserves and supply

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Peak Oil News

Can’t Pay Utility Bills? 20 Million US Homes Behind on Payments, Facing Shutoffs | Bloomberg

The Nice household is one of some 20 million across the country—about 1 in 6 American homes—that have fallen behind on their utility bills. It is, according to the National Energy Assistance Directors Association (Neada), the worst crisis the group has ever documented. Underpinning those numbers is a blistering surge in electricity prices, propelled by the soaring cost of natural gas.

US Sold Nearly 6 Million Barrels of Oil Reserves to China, Records Show | The Epoch Times

The Biden administration has sold nearly 6 million barrels of oil from the U.S. strategic reserve to an entity tied with the Chinese Communist Party, records show. From September 2021 to July, the Department of Energy (DOE) has awarded three crude oil contracts with a combined value of roughly $464 million to Unipec America, the U.S. trading arm of Chinese state-owned oil company Sinopec. A Chinese firm with ties to Hunter Biden had made an investment in the national oil giant.

Oil from U.S. reserves sent overseas as gasoline prices stay high | Reuters

More than 5 million barrels of oil that were part of a historic U.S. emergency reserves release to lower domestic fuel prices were exported to Europe and Asia last month, according to data and sources, even as U.S. gasoline and diesel prices hit record highs. The export of crude and fuel is blunting the impact of the moves by U.S. President Joe Biden to lower record pump prices. Biden on Saturday renewed a call for gasoline suppliers to cut their prices, drawing criticism from Amazon founder Jeff Bezos.

If Russia cuts off supply of enriched uranium to US power companies, America’s nuclear energy reactors will close within a year | NaturalNews.com

America’s energy crisis could soon get a whole lot worse if Russia stops selling enriched uranium to nuclear power plants. If supplies get cut, they say, then many United States nuclear power generation facilities would be forced offline within a year. The result would be much less energy availability and sky-high prices even beyond current inflation figures. Nuclear power accounts for more than 20 percent of all U.S. electricity generation capacity, and nearly half of the country’s 56 operational nuclear power plants use enriched uranium imported from Russia, Kazakhstan and Uzbekistan.

Biden declares US energy emergency | RT World News

US President Joe Biden has blamed Russia for a looming crisis in the US, saying his country might not be able to generate enough electricity to meet consumer demand, partly due to the conflict in Ukraine.  Biden declared an energy emergency on Monday, saying national security and quality of life are jeopardized by potential shortfalls in power supplies. He invoked the Defense Production Act – originally part of an industrial mobilization effort in response to the Korean War – to spur domestic production of solar panels and other forms of “clean” energy to boost power supplies.

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Cheryl Walters | Lotus Bloom Yoga

Cheryl Walters has been teaching and sharing the gifts of yoga since 2001. She is a Yoga Therapist, certified by the International Association of Yoga Therapists and has been the director and lead instructor for Yoga Intensive Studies Programs and Yoga teacher training for Yoga Alliance locally for over 13 years. She has trained over 100 yoga students to become yoga teachers and continues to mentor yoga teachers and yoga students Worldwide.

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