Shell Cuts Oil Reserves Again
Royal Dutch/Shell Group unveiled another, bigger-than-expected, cut in oil reserves on Thursday but tempered the news by announcing record profits.
Russia’s hydrocarbon geopolitics
Russia is moving towards building new geopolitical muscle based on its huge oil and gas riches: this week Moscow conceded that its policy, notably in the Middle East, has been strongly connected with energy considerations.
Venezuelan news roundup
Venezuelan state-run oil company considers buying Shell’s Argentinian assets, while off-loading refining operations in the US. Meanwhile President Chávez is building alliances with China and Iran.
An Open Letter to BusinessWeek on Hydrogen
A recent Business Week article obscures hydrogen’s primary disadvantage: hydrogen is an energy intensive alternative to motor fuels derived from oil, argues Ronald Cooke, author of Oil, Jihad and Destiny.
IAC Statement: The Election in Iraq
A counterpoint to the corporate media’s unquestioning praise, this article portrays the Iraqi election as a PR effort by U.S. occupiers.
American Account: America stymied as governments bid to control oil
Concentration on fluctuations in oil prices has detracted attention from the fundamental geopolitical changes occurring in world oil and gas markets.
Personal debt and peak oil
For those of us that think that the UK government isn’t aware of the issue of peak oil, I would ask to think again and read the newspapers more closely. The markers for the future are here in the news now and it doesn’t take too much of an imagination to understand them.
The Axis of Oil
China and India are locked in an increasingly aggressive wrangle with the United States over the world’s most critical economic commodity: oil.
NZ: Mangatoa could bring in billions
Explorer New Zealand Oil and Gas and Origin Energy, Contact Energy’s parent, may be sitting on a gas prospect three-quarters the size of Maui, potentially worth billions of dollars.
The Future of Money
Any currency that can maintain its value among its users can function. Historically, many alternative, or local, currencies have worked and many still do.
Meditations on Collapse (a review of Jared Diamond’s book)
Heinberg makes a number of significant criticisms of Diamonds latest, not least being loose theoretical coherence and pulling his punches; a quote: “The question is no longer that of avoiding collapse, but rather of making the best of it.”
Bush, Iraq and the hydrogen economy
The hydrogen economy is really a nuclear economy. Investors and the rest of corporate America may not realise how close the country is to making a gigantic bet on a nuclear future.
