Rethinking the Axis of Oil

So all’s well with the Axis of Oil? Not quite. This is because the symbiotic relationship between the world’s largest oil consumer [US] and its largest producer [SA] is under attack from a surprising corner. Complaints from greens about cheap oil, Bushphobic wailings from the Michael Moore brigade and neo-conservative worries about Saudi terrorism are all well established. But the axis is now being challenged by an increasing number of pragmatists from the centre-right of American politics.

Expect oil at $150 in a decade, Soros colleague warns

“If you think the price of oil is going to $32 and staying there, let me know where the oil is coming from. I expect the price will be $100–$150 within the decade, and the bull run in commodities will come to an end when it reaches $110.” …alternative sources of energy “cannot happen fast enough,” said [Jim Rogers, co-founder with George Soros of the Quantum Fund].

Energy Headlines – Apr 30, 2005

Background on PO from PowerSwitch / Oil companies doing GREAT / US economy doing not-so-great / More skeptics about US energy plans / Global warming measured / Haybales may save us / Giant NZ diary turns to renewables

Some Thoughts on “Peak Oil” as a “Disinformation Campaign”

If [peak oil] appears to have suddenly “burst” onto the scene it’s due to two principle factors: 1) the “tipping point” is only now fast being realized, and 2) the rise of the internet has given the public a comprehensive, responsive and uncensored media forum in which to recognize it….the case for Peak Oil has been slowly pieced together by a kind of open committee of researchers–some admittedly dubious or ill-informed, but many quite well-informed and highly regarded.

Energy Headlines – Apr 29, 2005

MSN-Money discovers PO / 8 pages on Edinburgh Conference / Jason Bradford talks PO to Rotary / Skeptical responses to Bush’s energy plan / Economist magazine tells why oil prices may drop / Britain going nuclear? / Chalabi in charge of Iraq oil / more

High gas prices really sting low-wage workers

…sky-high gas prices are rippling through the Seattle economy. Not everyone is getting pushed to the brink — some drivers are just canceling vacations or taking the bus. But those with low-wage jobs or little financial cushion can face dramatic lifestyle changes, especially if they have no choice but to drive to or for their jobs.