Oil industry – May 29
Exxon to cut funding to climate change denial groups
Exxon’s Texas-size war chest
For Big Oil, does the future look too much like the past?
Fossil Fuels
Peak oil notes
A mid-week update on peak oil, featuring:
– Prices and consumption
– Europe
– India
The peak oil crisis: speculation, subsidies & megacities
Those living in the world’s new mega- and hypercities are going to have a far tougher time. Oil has built these monstrosities where 100s of millions will be trapped without direct access to food supplies and cooking fuel. Someday, the historians will note that the collapse of many megacities was among the first real tragedies of peak oil.
Peak oil – May 28
Gordon Brown: The oil crisis is a global problem requiring global solutions
We’re not yet at Hubbert’s peak – call it instead ‘de facto peak oil’
California mayor: How will local governments respond to large increases in energy bills?
Russia worried as oil production slides
New: Immer neue Preisschocks (+ Fatih Birol interview in German)
Ripples – May 28
Fuel-price protests spread across Europe
Lorry drivers converge on London in fuel protest
High oil prices will hurt trade
U.S. small business crunched by fuel prices
Australia: Waking from the dream
Coal in the United States
Coal currently looks like a solution to many of America’s fast-growing energy problems. However, this is a solution that, if applied on a broad scale, seems certain only to exacerbate the nation’s energy dilemma in the long run, as well as contributing to an impending global climate catastrophe. (Excerpts)
Peak oil – May 27
George Monbiot: Dear Saudi Arabia, only you can save the planet
ASPO Switzerland – first general assembly
Supply-demand imbalance boosts oil prices
South Africa: The end of oil is nigh
Prices & supplies – May 27
Japan blames speculators for oil hike
Saudi Aramco to spend $129 billion from 2009 to 2014
Asking Opec to solve the oil crisis misses the burning point
IEA says optimistic to think oil price will fall much
Peak oil (2) – May 27
Oil Reserves: Where Ghawar goes, the rest of OPEC follows
Oil price “head fake”?
CSM: Has Russian oil output peaked?
Prices and the peak – May 26
David Strahan: What happens next?
Stopping oil’s assault (5 possible solutions)
Oil markets will ignore congressional machinations
Peak oil and off grid
Peak Oil Review – May 26th, 2008
An executive summary of weekly news from a US peak oil perspective, featuring:
– Production and Prices
– In the Congress
– Subsidies
– The IEA’s Forecast
– Energy Briefs
The illusion of vast undeveloped U.S. oil resources
As Americans become more desperate for oil, I expect that ANWR and offshore areas will be opened for oil development. It will be like burning the furniture to keep the house warm in mid-January. It will be a desperate move that won’t result in much.
