Saudi oil minister – then and now
2004: “Saudi oil is secure and plentiful”
2012: “Saudi Arabia must diversify oil industry”
2004: “Saudi oil is secure and plentiful”
2012: “Saudi Arabia must diversify oil industry”
– Stop blaming oil speculators and start listening to them: A war with Iran would devastate the economy
– We Can Live with a Nuclear Iran
– Oil creeps toward top of Asia’s economic worry list
– 10th ASPO-International Conference in Vienna May 30 – June 1
– Ölreserven: Der “Doomsday” war gestern
We have a brand-new entrant to the oil-eating-bug-runs-amok tradition: the self-published novel Petroplague. It’s a Crichton-esque thriller written by microbiology professor-turned author Amy Rogers, who says she aims to “blur the line between fact and fiction so well that you need a Ph.D. to figure out where one ends and the other begins.” The plot involves a batch of experimental, oil-hungry bacteria inadvertently loosed upon Los Angeles, which proceed to wreak a near biblical swath of destruction. Part ecology lesson and part cautionary tale, Petroplague is an entertaining entrée into the subject of oil depletion and its implications for society, human health and the environment.
Last week, the U.S. Department of Energy issued a detailed report on what could happen to the availability of oil and prices in the event the third and largest of the three Philadelphia refineries in question be forced to close down this coming July. Given enough time, the markets and the infrastructure will rebalance, but for now it looks as if the Northeast may be in for some abnormally high gasoline and diesel prices in comparison to the rest of the country.
– CERA-week: Total’s Upstream Chief Says Peak Oil Is Around The Corner
– CERA Energy Conference: Oil Industry Giddy With New Discoveries
– Michael Klare: America’s Fossil Fuel Fever
– Nader: Obama Can Do More on Oil Prices
– Dr. Colin Campbell: Playing with Fire
– Peak todo (Spanish – peak everything)
This time around, Europe, and in particular the Eurozone, is the area of the world getting hit the hardest by high oil prices. Part of this has to do with the relative level of the Euro and the US dollar.
In the end, it may not matter which countries were first and most affected by limited oil supply and high oil prices. It will be all of us that feel the impact.
-Sun, sewage and algae: a recipe for success?
-One of Largest Wind Farms Built in Ohio
-‘Germans Are Willing to Pay’ for Renewable Energies- Interview
-Wadebridge, the UK’s first solar-powered town – video
-Packing some power
-Controversial renewable energy report branded ‘shoddy nonsense’
-Rolling Stone Responds to Chesapeake Energy on ‘The Fracking Bubble’
-Why Not Frack? – Book & Film review
-Fracking: The New Global Water Crisis – Report
-Kept in Dark by BC’s Oil and Gas Commission
-A Fresh Scientific Defense of the Merits of Moving from Coal to Shale Gas
For four decades, Amory Lovins has been a leading proponent of a renewable power revolution that would wean the U.S. off fossil fuels and usher in an era of energy independence. In an interview with Yale Environment 360, he talks about his latest book, which describes his vision of how the world can attain a green energy future by 2050.
– NYT: Obama Warns Against ‘Loose Talk of War’ With Iran
– Heinberg: $5 Gas, Iranian Poker, and the Peak of ‘Peak Oil’ Denial
– Glenn Grenwald: Iran, Threats and the UN Charter
– 2600 years of history in one object
– Chomsky: What Are Iran’s Intentions?
A weekly roundup of peak oil news, including:
-Oil and the global economy
-The Iranian confrontation
-Gasoline and election 2012
-A New EIA Report on East Coast Refining
-Gas: Climate Panacea or Industry Propaganda?
-Estimates Clash for How Much Natural Gas in the United States
-The Big Fracking Bubble: The Scam Behind the Gas Boom
-Poland May Cut Shale Gas Estimates After Data From Wells
-China claims world’s biggest shale gas reserves