Oil prices & supplies – Apr 23

Crude tops $119; Saudi Arabia pledges $90 billion to lift supply
Ineos refinery strike could shut-in 700,000 bpd of North Sea crude oil – BP
Producers, consumers lock horns over prices
Why oil could hit $180 a barrel

Big issue is investment, not reserves-Naimi

Peak oil – Apr 23

WSJ: Saudis face hurdle in new oil drilling
Peak Oil? Saudis squeeze the stone even harder
Naimi: Unqualified experts create fear in market
Shell’s chief strategist says 2015
Peak oil crisis interview
Krugman struggles with Limits to Growth

The 2020 Summit – will Rudd’s children forgive him?

If Rudd believes that the Summit succeeded in identifying the greatest and most immediate threat to Australia’s future – and provided him with ideas for response – then he is just plain wrong. Distressingly, there are strong hints that the summit topics – and the people who discussed them – were chosen with the aim of avoiding the contentious issues and, in particular, peak oil.