Oil price impacts – Nov 8

Big Oil struggles with high costs
The slippery slope of rising oil prices

Greenspan: Economy will acclimate to $100 oil
$100 oil forces new energy policy on U.S.
Analysts say burden could spur recession
$100 oil would have a big political impact
As energy prices soar, industries collide
BP CEO: ‘Era of cheap energy is behind us’
This doorstopper opens our eyes to the energy crisis (IEA report)

IEA “supply crunch” is not peak oil – Birol

There is no contradition between the International Energy Agency’s forecast of long term oil supply growth to 2030 and a “supply crunch” by 2015, according to its chief economist Fatih Birol. Mr Birol insisted today that the short term crisis would not be caused by a fundamental shortage of oil but by entirely man-made factors.