Peak oil – Jan 8

US News & World Report spotlights The Oil Drum
Richard Heinberg radio interview
Al Jazeera on peak oil: ice-skating in the desert
The Star on Post Carbon Toronto
ASPO-Australia call for petrol rationing
Howstuffworks improves peak oil coverage
Peak oil and the Australian army
Yergin: $100 oil ‘tells a lot of what’s going on in the world’

A quantitative assessment of future net oil exports by the top five net oil exporters

What really matters to oil-importing countries is world net oil export capacity, and we are deeply concerned that the top five net oil exporting countries, Saudi Arabia, Russia, Norway, Iran and the UAE (United Arab Emirates), collectively accounting for about half of current world net oil exports, in aggregate are going to show an ongoing decline in net oil exports, continuing an aggregate net export decline that began in 2006.

The Year in Review

The most interesting aspect of oil’s 57 percent price increase in 2007 is that it was caused by supply, demand, some speculation and a weakening dollar for there was no new oil-related geopolitical crisis nor a production-damaging natural catastrophe all year.

Medicine at the crossroads of energy and climate change

If medicine would regard peak oil as likely to occur within 12 years, in line with most predictions, then it will choose strategies which automatically address climate change as well. If the health care industry fails to lead, it will suffer the draconian consequences of having ignored the driving forces of the opening decades of the 21st century.