" />
Building a world of
resilient communities.



ODAC Newsletter - Sep 24

Welcome to the ODAC Newsletter, a weekly roundup from the Oil Depletion Analysis Centre, the UK registered charity dedicated to raising awareness of peak oil.

Energy Secretary Chris Huhne has given the strongest indication yet that the coalition government is actually considering the possible impacts of peak oil. "We will have a world where there may be lots of shocks, we may well have oil price rises which are similar to the ones that we had in the 1970s, a doubling", he told a fringe meeting of the Lib Dem conference. He also told the meeting he had asked DECC to do "some work" on potential impacts — probably a reference to the consultation to which ODAC has submitted a paper. He also referred to "oil shocks to come" during his speech to the main conference. While at no point referring specifically to 'peak oil' his language does suggest that government may be waking up to the issue.

Huhne's speech to the main conference was high on rhetoric, promising the long awaited low carbon revolution. He made it clear to the party that he would approve new nuclear builds despite traditional Lib Dem opposition, and outlined the impending 'Green Deal' — a programme to insulate UK housing stock by using energy savings from insulation measures to compensate companies which meet the upfront cost of making upgrades. But there was no hint on whether the government plans to slash 'feed in tariffs' for renewable electricity and the proposed renewable heat tariff, as reported recently.

On the subject of the oil price, Canadian economist Jeff Rubin claimed that even the current price is high enough to prevent the US economy from recovering. "The age of cheap oil is over", he wrote in the Globe & Mail, "and that means recalibrating the speed limit for the world's largest oil-consuming economy. In a world of $75–per-barrel to triple-digit oil prices, the U.S. economy is not likely to grow more than by 1 to 2 per cent per year until it can curb its oil appetite significantly".

View our Reports and Resources page


Liberal Democrat Conference: 'Oil price could double in return to 1970s style shocks'


Russia, China agree gas supply terms: Gazprom

Back to top

Europe agrees plan to avoid gas shortages

Back to top

Gas is the future

Back to top


Ofgem launches wide-ranging energy review

Back to top

Study says heat pumps are not environmentally friendly

Back to top

Smart grids need smart attitudes

Back to top


President Barack Obama's Yucca Mountain decision is a blow to US nuclear power

Back to top


US renewable energy bill faces battle in 2010

Back to top

Largest offshore wind farm opens off Thanet in Kent

Back to top

Scots renewable energy target surpassed

Back to top


Where there's bugs, there's brass: UK firm lands $500m biofuel contract

Back to top

Airlines chief urges more investment in biofuels

Back to top


Solar power subsidy under review

Back to top

Chris Huhne announces 250,000 green jobs to boost the economy

Back to top

Government prepares fund to help small business become more energy efficient

Back to top


Arctic summit in Moscow hears rival claims

Back to top

China Suspends Ministerial-Level Talks With Japan Over Boat Clash

Back to top


How to Get People Out of Their Cars

Back to top

Editorial Notes: The Oil Depletion Analysis Centre (ODAC) is an independent, UK-registered educational charity working to raise international public awareness and promote better understanding of the world's oil-depletion problem.

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Find out more about Community Resilience. See our COMMUNITIES page
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.


This is a community site and the discussion is moderated. The rules in brief: no personal abuse and no climate denial. Complete Guidelines.

Peak Oil Review: A Midweek Update - 27th Oct 2016

A midweek update. It has been a down week for oil prices with NY futures …

Review: 7 key scenes in Leonardo DiCaprio’s climate film Before the Flood

Before the Flood, a new feature-length documentary presented and produced by …

Transition in Cities  

It is widely assumed that the ongoing migration of rural peoples to …

Peak Oil Review: A Midweek Update - 20th Oct 2016

 A midweek update. This week’s EIA stocks report gave a …

Oil & Money: Tackling Corruption and Climate Change

This week, senior executives of the oil and gas industry will be meeting at …

CCC: UK must Act Now to Secure Zero-Carbon Heat by 2050

UK heating must be virtually zero-carbon by 2050, says the Committee on …

Peak Oil Review - Oct 17, 2016

 A weekly roundup of peak oil news, including: -Quote of the week …