The peak oil crisis: hurricanes and meltdowns

The news for the week: our gasoline stocks are so short that a hurricane hit is likely to result in shortages; world supplies are unlikely to increase enough this year to avoid much higher prices in the next six months; and some think we are seeing the beginning of the mother of all economic meltdowns.
   Not much should happen before Labor Day, however, so we can all enjoy the rest of the driving season.

Climate – Aug 22

Climate advocacy and the 2007 Australian election
Climate change called security issue like Cold War
Blow off the Arctic ice melting…let’s drill for more oil

Immunize yourself against future hype

A breakthrough in oil & gas industry technology is not inevitable. Indeed, it is not very likely. Painstaking linear growth in technological advances permit more oil to be recovered each year, but Seidensticker’s myths about technology change apply to the oil & gas industry just as they apply to most human endeavors.