Prices & supplies – May 31

IEA output forecasts are ‘outside reality’: Aleklett
Exxon Mobil CEO tells shareholders that fossil fuels have long future
Western world is faced with the crude reality of rising oil prices
Blogger Conference Call with Robert Ryan, VP of Global Exploration, Chevron

Obama tackles the liquid fuels problem

Today I’ll try to explain President Obama’s policy for decreasing oil consumption in the United States. Right now the administration has so many balls in the air that it is impossible to make a definite statement about what the effects of their initiatives will be, but a coherent policy is emerging if you gather all the pieces together.

Understanding peak oil – Why we need the national academy of sciences to study peak oil (petition)

A Call to President Barack Obama and to the Congress of the United States of America to Commission a Comprehensive Study of Oil Production Decline (termed “Peak Oil”): Facts, Impacts and Mitigation and Preparedness Options to be undertaken by the National Academy of Sciences (NAS), the National Academy of Engineering (NAE), the Institute of Medicine (IOM) and the National Research Council

Review of RAND study, Imported Oil and US National Security (May, 2009)

RAND Corporation has brought its considerable expertise to bear on the national security implications of US oil import dependence…While this study examines this issue solely from an American perspective, many of its observations are applicable to other import-dependent nations. Although there is much of value in this report, I wish to challenge its central recommendation on how government should deal with price spikes and physical shortages.