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Simmons interview on the GAO report (Audio)
Jim Puplava, Financial Sense News Hour
Interview with Matthew Simmons (Chairman, Simmons & Company International and Author of Twilight in the Desert.
Topic: The GAO Report on Peak Oil
“Crude Oil – Uncertainty about Future Oil supply Makes It Important to Develop a Strategy for Addressing a Peak and Decline in Oil Production”
(7 April 2007)
Contributor WT writes:
I highly recommend this 42-minute interview about Peak Oil – even though I don’t agree at all with his statement that “if we . . . use very high oil prices [he’s talking about MUCH higher prices than present] to take our rusty infrastructure and totally rebuild it in the next ten years, we’ll have the best economy we’ve ever seen”.
Gas crunch likely as Mideast races to meet local needs
Reuters via Gulf News
Flush with cash from record oil revenues, Middle East crude producers have spent billions on economic development and now find themselves short of another energy source needed for growth – gas.
The Middle East holds around 40 per cent of the world’s gas reserves, but produces only around 10 per cent of global supply.
The gap points to the potential for a jump in future production that the US and consuming countries in Asia and Europe hope would mean higher exports.
But regional demand growth of up to 10 per cent per year is eating into export potential. Widening supply deficits are forcing governments to emphasise meeting domestic needs.
“Demand growth in the region for natural gas is unprecedented anywhere else in the world,” said Rajnish Goswami, gas and power consultant for Wood Mac-kenzie. “Governments are quite rightly prioritising the domestic sector before anything else.”
(7 April 2007)
Life after oil – A children’s book review
Magnifico, Daily Kos
Book Review: Graham Oakley’s Henry’s Quest
Occasionally when I visit my public library, I discover the most unexpected books sitting on the shelves. A few weeks ago, while helping to choose out some picture books, I chanced upon Henry’s Quest, a children’s book that imagines what life would be like in our world after peak oil.
(X April 2007)
