OPEC Set to Open Oil Taps Full Blast

Kenneth Deffeyes, former colleague of M. king Hubbert, frequently tells the story of how he knew Hubbert was right about his US oil peak prediction when he read the headline “Texas Railroad Commission announces 100% allowable” in 1971. The American cartel was pumping full blast.

I wonder what he thought when he read this headline…

The Truth About Oil

MYTH NO. 3: We’re running out of oil.
REALITY: This one is true. Sort of. Unlike wind or water, oil is not a renewable resource. So by definition we’re using it up, in the same way that we are all dying all the time. …
The real problem with the peak-oil argument has less to do with engineering than with philosophy. It lacks imagination.

Politics and Economics Headlines – 19 September, 2005

OPEC May Offer Every Barrel of Oil Members Can Pump / Iran announces gasoline ‘smart cards’ to moderate consumption / Economists’ No. 1 fear: energy prices / Go ahead, make Putin’s day. Drive a giant SUV / Petrol to factor in ACTU wage claim / The great American airlines disaster / Airlines’ Bankruptcies May Impact Service [!]

The Age of Oil

Four serious papers and a striking set of quotes from the Proceedings of the Canadian Association of the Club of Rome, a special issue explicitly addressing oil depletion and the ‘problematique’.