Insight and inspiration in turbulent times.
‘Hubbert’s Curve’ is NOT part of the female anatomy… But it is, nevertheless, a thing of beauty to long-term crude oil investors. Here’s how you profit – including three specific guidelines for crude oil speculators…
When the world wants guidance on monetary policy it turns to the Federal Reserve. When it comes to oil only one institution can be seen as the “central bank” of crude – Saudi Arabia.
BP OPENED its coffers to investors yesterday, promising a step change in the level of the dividend payout. But even as it revealed record profits of $16.2 billion (£8.7 billion), the oil company admitted that it had failed to replace fully the four million barrels of oil and gas that it pumped out of the ground each day last year.
There is growing evidence — in polling and in public statements of church leaders — that evangelicals are beginning to go for the green. Despite wariness toward mainstream environmental groups, a growing number of evangelicals view stewardship of the environment as a responsibility mandated by God in the Bible.
Few commentators have recognized the significance of OPEC’s January 30 decision to temporarily suspend their price band mechanism. If the suspension is indeed temporary, it may not be that important. If it isn’t, there are some interesting parallels to the suspension of the U.S. gold standard in 1968 to 1971.
In a short letter sent today to the White House, nearly 50 environmental, business, anti-nuclear, sustainable energy, and energy policy organizations disputed a recent statement by President Bush that nuclear power is a “renewable source of energy.”
Brazil’s Ministry of Agriculture and the Japanese Bank for International Cooperation have signed the first phase of a term of reference for the future implementation of a bilateral biofuel program aimed at exporting ethanol and biodiesel fuel to the Japanese market.
Readers should have no delusions about the state of New Zealand; it is being driven off the energy cliff in an orgy of consumption.
Crude-oil production by the Organization of Petroleum Exporting Countries (OPEC) fell 1.2 per cent in January, led by declines in Iraq and Saudi Arabia, a Bloomberg survey showed.
…a curious transformation is occurring in Washington, D.C., a split of foreign policy and energy policy: Many of the leading neoconservatives who pushed hard for the Iraq war are going green.
Community Service, Inc., has produced a proposal for a prototype housing development in response to Peak Oil that promotes energy-efficient building techniques, a sense of community, economic sustainability and local food production.
It would seem that – in addition to Peak Oil – we are at a time of Peak Technology… there are no new technologies we can look to for solutions to the end of fossil fuels.
