Fighting Oil with Oil in Venezuela

Facing off against such an administration, Venezuela is alone but for Cuba after the ‘Left’ presidencies of Lagos in Chile, Kirchner in Argentina, and Lula in Brazil have all cut their deals with the US. If the Bolívarian revolution is to advance in such an atmosphere of American hegemony, Chávez has apparently recognized the sagacity of fighting oil with oil.

Prices and Production over a complete Hubbert Cycle: the Case of the American Whale Fisheries in 19th Century

Grasping the reality of Hubberts peak is difficult for many, possibly because crude oil may be the first nonrenewable resource to pass through such a peak. But a resource does not need to be a nonrenewable to show a Hubbert curve. A biological resource which is exploited much faster than it is replaced may also follow a bell-curve, and the whaling industry of the 19th Century a good example.

Traffic, Cars and Peak Oil

The National Roads Authority (NRA) forecasts for the traffic levels and the total number of cars in Ireland are flawed because they do not take into account the looming issue of Peak Oil. The growth for the number of cars is based on the rising population, GNP and a rising car per capita rate. This was a reasonable assumption up to now, but Peak Oil changes everything and this continued growth is very unlikely to come to pass.