Oil Price Hike: Reasons and Impacts
Dr Muhanna gives five reasons for higher oil prices excluding oil depletion.
Law firm coffers fuelled by UK’s switch to liquefied natural gas
Consumers may be up in arms, but a host of law firms are reaping the benefits of the UK’s dwindling gas supplies as preparations hot up for the country’s first liquefied natural gas (LNG) import terminals.
Project Censored: Secrets of Cheney’s Energy Task Force Come to Light
The Bush Administration’s struggle to keep secret the workings of Cheney’s Energy Task Force has been ongoing since early in the President’s tenure. What has been released reveals plans to occupy the Middle East which predate 9/11.
Project Censored: Media and Government Ignore Dwindling Oil Supplies
U.S. leaders, and the mainstream media, refuse to acknowledge that we are headed for an inevitable oil crisis with extreme consequences sure to impact every aspect of our lives.
World Needs More Oil Capacity -Watchdog
An extra 3 million barrels per day (bpd) of production capacity worldwide is needed to avoid another year of blistering oil prices, International Energy Agency (IEA) executive director Claude Mandil warned on Sunday.
Maui Gas: Experience the Depletion Cliff.
When the question of oil and gas depletion is raised the flat earth fraternity often can’t help themselves laughing whilst pointing out “but we’ve never produced more than we are today, the world is awash in oil and gas”. A sobering lesson is to be learnt by looking at the current depletion rates in New Zealand’s Maui natural gas field.
Prius demand heats prices on eBay
Toyota’s hybrid sedan selling for well over sticker price on Internet auction site.
The Fourth World War
For two years, the U.S. has pursued war with a vengeance that has shocked and awed ally and enemy alike. But even the devastating attacks on the Afghan and Iraqi regimes don’t illustrate the true scope of the campaign. While everyone was preoccupied with the fireworks, Washington has quietly deployed thousands of agents in a secretive struggle that may last a lifetime.
Bush’s “last man standing” approach to oil depletion
The Bush Administration in a second term may have a strategy for itself and its powered elite: to be the “last man standing,” adopting the strategy author Richard Heinberg describes as the worst possible reaction to global oil peak.
Global oil crisis lurking
Many energy experts predict that not only won’t the price decline last long, but Americans soon will have to say goodbye forever to plentiful, cheap oil.
Barreling toward disaster
“Experts say the stark reality is that oil and oil-derived products will inevitably shoot up again in price as demand exceeds production. And this will happen sooner than most people think.”
Canada presses claims in Arctic region
Hundreds of Canadian troops were all around. Helicopters swooped over the tin roofs of this isolated hamlet. A navy frigate and coast guard icebreaker were moored and readied in a nearby fjord.
