Transportation – July 3
Airbus And Boeing face a dark and painful future
Big job cuts announced at American
Car sales at 10-year low
SUV drivers burned twice: at the pump, on the car lot
Airbus And Boeing face a dark and painful future
Big job cuts announced at American
Car sales at 10-year low
SUV drivers burned twice: at the pump, on the car lot
IMF finally knocks on Uncle Sam’s door
Midwest floods spotlight decrepit infrastructure
House hearing on climate change: costs of inaction
Georgia Judge cites carbon dioxide in denying coal plant permit
While some sort of quantitative evaluation of our future would be nice, $200 oil easily could be here before anyone can crunch the numbers.
A mid-week update on peak oil:
– Oil prices
– The World Petroleum Congress
– Iranian nuclear enrichment
Deceptive statements now dominate the political discourse on America’s oil crisis in the 2008 presidential campaign. The confused debate about Republican supply-side measures versus Democratic demand-side measures entirely misses the central point: domestic oil production is about to experience a mini-peak in the years 2010-11 and then resume its inevitable decline.
At the Tällberg Forum in Tällberg, Dalarna, Sweden, Chief Jake Swamp from the Akwesasne Mohawk Tribe and I had a conversation about “What lifestyles without oil?”.
Energy prices: What’s supply got to do with it?
Senate hearing on EIA’s forecasts for oil
The commodities bubble
Dale Allen Pfeiffer: Dealing with gasoline prices
Richard Heinberg: Coal in China
Aluminium supply in deficit on coal shortage – UBS
Equipment shortage slows US coal output growth-CEO
Peak oil: IEA inches toward the pessimists’ camp
R. James Woolsey, former CIA director, on energy security (interview)
Saudi oil project brings skepticism to the surface (Khurais)
Cutler Cleveland: Energy transitions past and future
Will wartime mobilisation address peak oil?
China has encouraged rapid export-led economic growth as a way of putting off dealing with its internal political and social problems. Economic growth requires energy, and China’s energy comes overwhelmingly from coal. The nation’s short-term survival strategy thus centers on producing enormous quantities of coal today, and far more in the future. (Excerpts)
Summary of the peak oil story at June 2008. Major themes:
– The US oil story
– The world oil story
– Five myths
The breathtaking run-up in oil prices is linked to the crisis of world financial institutions. What the U.S. Government should not do.