Peak Oil Headlines – 3 September, 2005

America and Britain – gasoline and GDP implications of Katrina / Mayor of Sebastopol, CA on peak oil preparations / Julian Darley interview / Peak Oil and the working class / You Bet Your Life / Katrina coverage from The Oil Drum / Big Gav on form / Bartlett’s timely message on nation’s energy woes

Politics and Economics Headlines – 3 September, 2005

Steve Forbes contradicts oil price claim in latest investor newsletter / Let Katrina Be a Warning / Economy Was Showing Strain Before Storm / Big Oil’s Bigtime Looting / The Real Gas Gougers / £1 litre looms as US oil firms target European fuel supplies / Fadel Gheit on the rapid rise in gas prices

Politics and Economics Headlines – 2 September, 2005

Indonesia is straining to subsidize oil costs; delays price increases / Powergen hikes prices to 6 mil. UK customers / US to tap SPR / ‘Keep oil reserve in reserve’ / 70s Conservation Measures May Make a Comeback / Bush says US must prevent oil fields from falling into terrorists hands / President says pump prices may rise / The SWISH Report [satire] / Westfield blames oil / China And India: A Rage For Oil

Peak Oil Headlines – 2 September, 2005

French PM: “We have entered the post-oil era” / Lundin Petroleum CEO “very much believes in the theory of peak oil” / Hurricane Katrina gives us a taste of things to come? / September ASPO Newsletter / Oil and energy on BBC radio / Wind, Water and Oil / Speculative bubble this is not / Future of Energy in the US

China faces water crisis

Eighty percent of China’s rivers no longer support fish. Most surface waters are polluted and many rivers no longer reach the ocean. The per-capita water availability in northwest China is only one-quarter of the world average and the second lowest on the planet.

Peak Oil Headlines – 1 September, 2005

Markets can’t create oil: U.S. needs a real national energy policy / It takes imagination to lead America / TOD: Insider report on Katrina damage to rigs etc. / The Era of Contingencies / Winning the Great Wager / American Scientist Online reviews The Long Emergency

Other Energy Headlines – 1 September, 2005

Green China Overview / Chinese govt. blows up coal mines as dangerous pits ordered to close / China to slow exports of gas, oil products / Charting the long road to hydrogen power

Why high oil prices are a force for good

BRUSSELS During the first half of 2005, gasoline consumption in Germany and Belgium – and presumably in many other countries – fell by about 10 percent. We have not seen a drop like this for many years. It shows that the market mechanism continues to function as the most important regulator of supply and demand – and very speedily indeed.