Peak Oil Review
A weekly roundup of peak oil news, including:
-Production and prices
-Another price spike?
-ASPO-USA Conference
-Briefs
A weekly roundup of peak oil news, including:
-Production and prices
-Another price spike?
-ASPO-USA Conference
-Briefs
On September 23, Dave Bowden video-taped Colin Campbell at his home on the southwestern coast of Ireland. Excerpts of that interview are attached below…
-A tale of how it turned out right
-Investor alarm as Finance Minister blasts corporate Japan’s ethics
-Memo to Investigators: Dig Deep
-A year after the crunch, it’s boom time again for bankers
-Public Health Before Wall Street Wealth
-Stiglitz and Sen’s Manifesto on Measuring Economic Performance and Social Progress
-The sound of one bank not banking
Yesterday was World Food Day, and the media dutifully paid a tiny bit of attention to the 1 billion plus people who suffer from chronic hunger. All the usual problems were trotted out, including multiple quotations in many media from the Australian National Science Director Megan Clark’s observation that to feed a growing population, we will have to produce more food in the next 50 years than we have in all of human history.
Oil prices rose this week breaking the $75/barrel mark for the first time this year. The gains were mainly fuelled by rising equity prices and a falling dollar…
-India’s quest for uranium
-Putin’s China Visit Helps Russia Become Global Energy Supplier
-Iraq cuts foreign deals for major boost to oil output
-The U.S. military’s battle to wean itself off oil
-What’s yours is mine
-Big Oil Front Group Fights for Tar Sands
-Saudis Seek Payments for Any Drop in Oil Revenues
Upon the first global recession influenced by the peaking of oil extraction and record high prices, the question for “peak oilers” arises: does peak oil and energy decline mean great profits for modernizing industry, or is peak oil the beginning of huge changes in lifestyle toward sustainability after societal collapse? Those were the two main concerns at play at the fifth annual meeting of the U.S. chapter of the Association for the Study of Peak Oil and Gas (ASPO-USA), in Denver, Oct. 11-13.
Unfortunately I have had to miss the ASPO Meeting in Denver this week, and so cannot provide the daily reports that I have written in the past. But I notice that at least one of the talks has already caught a significant amount of press, and that is the one by Arthur Berman on the gas production from shale deposits such as the Barnett, Haynesville and Marcellus.
A weekly round-up including:
– Prices and production
– China
-Oil Demand Has Peaked in Developed Nations, Never to Return — Report
-Why Oil Is Much More Plentiful Than “Peak Oil” Advocates Claim
-Russia 2010 oil output to fall -Bernstein analysts
-Crude Oil Jumps Above $75 to One-Year High on Demand Optimism
-Qatar Airways uses natural gas fuel on flight from London
-Sellers on the spot ahead of gas war
-Assembly of peak oil experts look at shale gas
-Pulling CO2 from the Air: Promising Idea, Big Price Tag
-U.S. headed for massive decline in carbon emissions
-Catch Me If You Can: Does the IEA’s Carbon Capture Plan Make Any Sense?
-Giants in Cattle Industry Agree to Help Fight Deforestation
-Organizing The Biggest Day Of Action The World Has Ever Seen