Chomsky on Peak Oil

…there’s a sense in which it’s advantageous if the oil peak is earlier. The reason why is it will compel the world, primarily the U.S. here, to move toward something like sustainable energy.

If there’s unbounded amounts of hydrocarbons, we’re just going to destroy the environment for human life or most biological life, so the earlier the peak is, in some respects – yes, it could be catastrophic, it could also be beneficial.

Energy Headlines – Apr 21, 2005

PO means we need to get out of our cars / IMF urges oil data transparency / Energy bill full of pork / Underwater crystals may yield energy / India loves its trains / Eat local / Cross between car and bike

Energy Headlines – Apr 22, 2005

NG industry insider talks / CS Monitor: Good-bye cheap gas / America’s peak experience / PO a myth, says OPEC / Farmers hear about PO / ODAC report / Greenspan wants an energy policy / Republican says hydrogen is B.S. / more

Oil and the Water Pressure Problem

Say you shake a bottle of champagne before opening it, and champagne sprays around and everyone is cheerfully soaked. But if you then put the bottle down, you would see that the gas pressure in the wine, has only pushed out about a third, or less, of the wine out of the bottle. That is, sort of, what happens with an oil well.

Are Oil Prices Headed for a ‘Super Spike’?

So just who is this super-spike man, and what in the world was he thinking? Well, his name is Arjun Murti, and he’s a veteran oil analyst and a managing director at Goldman. Press-shy by nature anyway, the poor guy was so unsettled by the reaction to his report that he refused all interview requests—until, that is, I was able to persuade him to take my call.