Why the flare-up in oil prices? – May 29
The Oil Drum
Ralph Nader
Wharton School professors
Andrew Leonard at Salon (new)
The Oil Drum
Ralph Nader
Wharton School professors
Andrew Leonard at Salon (new)
Cutting fuel subsidies will decrease oil demand
Asian countries begin to burst the oil bubble
Crude prices may have peaked but developing countries hold the key
Gordon Brown urges increased oil supply
Strahan: Brown doesn’t get the oil crisis
UK cuts taxes on oil fields, opens areas to development
National Grid blamed for UK power cuts
Fuel protest: lorry drivers flex their muscles
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)
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 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)
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
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
Oil Reserves: Where Ghawar goes, the rest of OPEC follows
Oil price “head fake”?
CSM: Has Russian oil output peaked?
David Strahan: What happens next?
Stopping oil’s assault (5 possible solutions)
Oil markets will ignore congressional machinations
Peak oil and off grid
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
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.