Insight and inspiration in turbulent times.
Gal Luft In the past two months no fewer than a dozen people in Iraq and Saudi Arabia demonstrated in three separate incidents their willingness to die for the cause of hurting the U.S economy in what appears to be a new phase in the war on terror.
As the second greatest crude oil consuming country in the world, China has seen a the gap between domestic ability to supply and demand for crude oil widen in the first five months of this year, according to figures released by China Customs.
“I believe that the world’s oil production peak has been reached in recent weeks. Why?”
Thee radioactive material to be placed in Yukka Mountain is something that the National Academy of Sciences has told us can be dangerous for up to 300,000 years.
The battle for control of Yukos, the Russian oil giant, has taken a fresh twist after it emerged that the country’s authorities have drawn up secret plans to seize control of the group’s oil.
Darfur, the international community unanimously agrees, is “the worst humanitarian crisis of our time”.
Low-level tensions between Canada and the United States over sovereignty of an offshore sliver in the Beaufort Sea are moving from simmer to boil.
“I believe Humanity must grow accustomed to living with an expensive oil, to treat hydrocarbons as a non-renewable resource and to look for alternative energy sources. It seems that oil is not going to get cheaper.”
Claims that a “revolutionary nuclear reactor that can recycle its own waste is being studied by the Government as a future source of energy for Britain.”
British Petroleums latest statistical review of energy reserves and consumption shows a glaring discrepancy compared to last year – the magical appearance of an additional 100 billion barrels of oil!
The Saudi officials’ announcement that they were satisfied with the current level of world oil prices may constitute an implicit fait accompli, an acceptance of their inability to increase production substantially beyond current levels, bringing the days of peak oil production ominously closer.
Review of Paul Robert’s book The End of Oil.
