Insight and inspiration in turbulent times.
Staff Petrodollar Warfare: Oil, Iraw and the Future of the Dollar / World Watch: The Peaks and Valleys Of Oil Dependence / What’s wrong with the EIA Forecast / UK: Peak Oil and Aviation White Paper Disaster / North Slope oil decline leaves Alaskans somber / North Sea gas drying up faster than hoped / US: A winter fuel crisis could darken homes and factories / Italy: possible electricity blackouts due to gas shortage / UK: Gas-guzzling firms ask for cut-off compensation
On December 15, the state-owned China National Petroleum Corp (CNPC) inaugurated an oil pipeline running from Kazakhstan to northwest China. The pipeline will undercut the geopolitical significance of the Washington-backed Baku-Tbilisi-Ceyhan (BTC)oil pipeline which opened this past summer amid big fanfare and support from Washington.
Dec. 19 (Bloomberg) — Goldman Sachs Group Inc. analyst Arjun Murti, who roiled oil markets in March by saying crude may reach $105 a barrel, now says that may be conservative if the “peak oil” theory is right and world supplies are running out.
Buried underground in western Colorado
are a trillion tons of oil shale. For a century, men have tried and
tried again to unlock this energy source. But the rocks have proved
stubborn, promising much, delivering little.
Thinking about both climate change and peak oil requires new thinking and new mechanisms. David Fleming’s “Energy and the Common Purpose” is an excellent example of new thinking in response to a new problem.
With the amount of shopping days until Christmas fast running out, consumers who would like to make ‘green’ choices are often helpless to change their behaviour, according to research at the University of Surrey. The project, which was funded by ESRC, warns policymakers that eco-taxes and information campaigns have only a limited impact on how people behave.
Long article in urban planning journal that takes depletion seriously and suggests new priorities for the sector.
Saudi Aramco plans to more than double the number of oil wells in the kingdom next year.
The Swedish Prime Minister, Göran Persson, has founded a non-political committee with the intent of making Sweden fossil fuel independent by 2020.
In the wake of the continuing fuel shortage in South Africa, Minister of Minerals and Energy Lindiwe Hendricks has called for fuel companies operating in South Africa to reimburse motorists for the payments they receive for storing extra stocks of petrol and diesel, meaning the industry could face a collective payment of about R60-million.
A winter fuel crisis of high prices and shortages could darken homes and factories.
Powering down in response to Peak Oil and Global Warming: Dr. Colin Campbell writes on the dawning of the Second Age of Oil / Torbjörn Lahti on The Natural Step / Richard Douthwaite on Peak Oil and Irish economics / Dr David Fleming warns that Peak Oil may be delayed / Nutrition and personal energy / More…
