The Good Oil
Is the world running out of oil, and if so what does it mean? Meet Kenneth S. Deffeyes, author of Hubbert’s Peak, and Peter R. Odell, author of Why Carbon Fuels Will Dominate the 21st Century’s Global Energy Economy.
Is the world running out of oil, and if so what does it mean? Meet Kenneth S. Deffeyes, author of Hubbert’s Peak, and Peter R. Odell, author of Why Carbon Fuels Will Dominate the 21st Century’s Global Energy Economy.
Imagine you’re standing in the produce section of your local grocery faced with a variety of apples. You want to make the best choice, for the good of your family, farm workers and the environment. Do you buy the organic Galas shipped from across the country or the Granny Smiths grown conventionally but locally?
Today’s oil rise to back over US$51 per barrel is a critical factor as Australia is depleting its reserves faster than many other countries.
“From the shift away from exploration spending and toward development spending you can see that the supermajors in particular are focusing on getting their returns from what they have got already, rather than going out and finding more,” said IHS Energy’s Chew.
Representative Ellen Story of Amherst is hosting an informational
session on Peak Oil and its consequences in Boston on Tuesday. The purpose
of the session is to inform Massachusetts’ legislators, staff, and the public
about the implications of the imminent decline in global petroleum production.
Ernest Callenbach, the author of Ecotopia, holds forth 30 years later on the difficulties of creating a utopia in the era of George Bush
A letter to Urbansurvival.com that debunks two of the favouite myths of peak oil sceptics: that oil discovery will or can increase, and that higher prices will ‘find’ or make exploitable ‘new’ oil.
The results of the third round of elections in Ukraine in which Viktor Yushchenko has just been proclaimed the final winner, far from being grounds for jubilation in Ukraine and beyond, ought to give concern for the future of Ukraine to many. The story has major implications for the dollar, oil and gold.
It is quite ironic: only a decade or so after the idea of the United States as an imperial power came to be accepted by both right and left, and people were actually able to talk openly about an American empire, it is showing multiple signs of its inability to continue.
Later this year, Americans will likely hear the acronym LNG and see new tankers carrying LNG sailing into some U.S. ports. LNG is intended to save the heart and core of American civilization — to save our automotive civilization from possible rust and decay, and the Republicans from political decline.
EXXONMOBIL has seized the mantle of the world’s largest public company, in terms of stock market value, from General Electric.
Moves by Middle East oil exporters and Russia to switch some revenue from dollars to euros lie behind the U.S. currency’s weakness, and a further rise in crude prices could prompt more declines, the billionaire investor George Soros said on Monday.