Oil prices spread to grapes, TVs, pizza
The hike in oil prices is beginning to ripple through the economy, pinching consumers at places far beyond the gas pump.
Consumption & Demand
Workshop: Managing oil demand in transport.
Links to background report and presentations from March 7 & 8 IEA workshop on oil demand management, in case of ‘supply interruption’. Note title of 1st session: ‘Saving Oil in a Hurry: Rapid measures for demand restraint’.
A brave new oily world
I asked Joe Terranova, director of trading for MBF Clearing Corp., why oil keeps going up and up. “Simple, the cat is out of the bag!” according to Joe. “Traders now recognize, for the first time since oil futures have traded, that there truly exists a demand to supply problem.”
It’s back to the farm
When demand for energy exceeds what the world can supply, everything will begin unwinding, sending us back to local communities – or perpetual war
Look to the future: High price of oil may force lifestyle changes
The dramatic increase in global demand for oil, and the resulting price spiral in the last couple of months, may be early warnings of a fundamental change in the economies of industrialized nations.
World’s thirst for oil makes falling output worse
The slower increase in non-Opec supply is boosting demand for the cartel’s oil, reducing Opec’s already low spare capacity, while demand continues to grow.
Overshoot in a nutshell (Malthus was an optimist)
It is implicit in Malthus’s writings that uncontrolled population growth, failing “moral restraint”, would stall near the natural limits of the food supply. Like many who have commented on population growth, Malthus did not understand overshoot.
The Long Fingers of Petroleum
When you finally realize how pervasive oil is in our everyday lives, you will begin to understand exactly how much the human race must change in order to do without it.
Oil Demand Rises More Than Expected, Straining Supply, IEA Says
Oil demand this year will rise faster than expected because of cold weather and growing economies in the U.S. and China, straining the ability of producers to keep pace, the International Energy Agency said.
Middle East: Demand for power and water to go up
Demand for power and water in the Middle East is expected to skyrocket over the next ten years as rapid economic development, construction and tourism place an increased burden on the region’s infrastructure, experts averred.
China’s Upward Mobility Strains World Resources
If per capita income in China grows at eight percent per year — a reduction from the red-hot pace of 9.5 percent it has grown since 1978 — it will overtake the current per capita U.S. income in just over 25 years, according to the latest analysis by the Earth Policy Institute (EPI).
China’s Oil Diplomacy in Latin America
Latin America is becoming a rich destination for China in its global quest for energy, with the Chinese quickly signing accords with Venezuela, investing in largely untapped markets like Peru and exploring possibilities in Bolivia and Colombia, and especially Venezuela.
