Fossil Fuels

Peak Oil will be politicians’ best friend

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I left International Transport Forum at Leipzig with the feeling that the future’s biggest questions, energy and climate, lacked leadership. There is nobody who will stand up and say “I have a dream” but rather it is nightmares that are discussed. Peak Oil will, in future, become the politician’s best friend since Peak Oil will reduce CO2 emissions from oil and become a part of the solution that the politicians cannot agree on… Those that actively accept and respond to the Peak Oil idea will be the winners of the future. (Report from a meeting of European transport ministers)

Speculators – May 31

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Speculation – but not manipulation
Regulators step up probes of trading in oil markets
Commodity policies set for revision
Regulators strengthen oversight of energy markets
Oil traders reduced bets on rising prices as crude hit records
Traders and commodity exchanges fight back

Peak oil auf Deutsch – May 30

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Media and public opinion in Germany reached a turning point on May 21 when the Energy Watch Group presented its report „Global Oil Supply“ study in Berlin’s main press center. The report stated: “Peak oil ist jetzt” (Peak oil is now). In German:

Zukunft der weltweiten Erdölversorgung (EWG)
Immer neue Preisschocks (+ Fatih Birol interview)
Daniel Yergin: Öl am Wendepunkt
Airbus-Chef warnt vor Kollaps der Luftfahrtindustrie
ASPO-Switzerland (English)

Peak oil – May 30

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Oil Exporters unable to keep up with demand
Global demand squeezing natural gas supply
The Economist: “Peak oil” or a speculative bubble? Neither, really
Beware the hunt for scapegoats
Dr. David Goodstein calls for “Manhattan Project”-level research on green energy
Reuters: Peak oil: Fact or fallacy

Peak oil protest in Adelaide