Insight and inspiration in turbulent times.
The former New Zealand minister for the environment and now chairman of the OECD roundtable for sustainable development wrote in 1997 of his knowledge of the impending global oil peak, but did he really understand the implications of what he was saying?
Despite a history that proves fuel cell companies burn a lot of cash but produce precious little energy in doing so, optimistic investors continue to shovel more and more cash into the fire.
Officials at Mexico’s state-owned oil monopoly said Monday that the company has detected massive new oil deposits in the Gulf of Mexico that could potentially double the country’s reserves, but industry analysts cautioned that the company’s findings are still unproven.
aced with lofty world crude oil prices, reflecting a perception of tight fundamentals and threats to supplies, Paris-based Institut Français du Pétrole recently examined how the situation might evolve over the next 18 months.
Hostilities have erupted over South Ossetia, while the US is worried about a crucial oil pipeline slated to open next year through Georgia.
Nowhere is the dichotomy more apparent than in Nigeria, which has enjoyed a $2.5 billion boost in profits from crude but is likely to pour the bulk of it into its imports of refined oil.
Mexico’s Pemex has detected vast new oil deposits in the Gulf of Mexico that could double the country’s total reserves and boost its oil output to rival Saudi Arabia’s, the state oil monopoly said on Monday.
The fall 2004 issue of YES! magazine is devoted to Peak Oil. About a dozen articles are available online. Subjects include biodiesel, hydrogen, transportation and conservation. Authors include Hunter Lovins, James Lovelock and David Orr.
Americans are addicted to the joys of the open road. But the joys come at too high a price and we’re about to hit bottom. We can get around without oil. Here’s the 12-step program to do it.
Sexed-up reports, pressure on the United Nations… here we go again.
The New Zealand government depends on the IEA’s oil production projections. As concerns about global Peak Oil began surfacing in the mid to late 90’s the IEA has succeeded only in delivering a “business as usual” message but with seriously flawed “hidden variables”.
Thanks to the collusion of industry, financial and government interests, the coming decline in oil production is portrayed as so impossibly far off in the future that there is no sense talking about it – but talk we must.
