Chevron conquers the rock

Jack #2 demonstrates a key element of the Peak Oil thesis. That is, that the “easy” oil is gone… The oil that mankind will lift from the earth in the future, on the far side of Peak Oil, will be in faraway places, in harsh climates, under excruciatingly difficult conditions, deep down, heavy, sour, and overall expensive.

Geopolitics – Sept 11

US and UK mercenaries in covert operations in Somalia

‘Resource nationalism’ is squeezing oil users

Gas Pressure destabilising Yushchenko

Japan nervous over Russia’s Sakhalin lawsuit