Insight and inspiration in turbulent times.
Shortly after the oil price shattered the record inflation-adjusted high set in 1980, OPEC decided to sit on its hands and let events take their course… Despite some financial considerations, most of the oil price results from a fundamental disequilibrium between supply and demand in the oil markets.
THE UN Security Council’s March 3 sanctions against Iran not only present a diplomatic victory for President Bush but also a major success for Washington in the first phase of its currency war with Tehran. The war began with the commencement of Iran’s oil bourse in mid-February.
Jean Laherrere: Arctic oil and gas ultimates
Could Arctic ice melt spawn new kind of cold war?
Climate change may spark conflict with Russia, EU told
Gas prices near records, following oil ($108/b)
Goldman Sachs:
New ‘super-spike’ might mean $200 oil
Energy crunch hinges on Bolivia
Unchanged Syncrude oil sands “increased” due to new category
Stuart Staniford: Food to 2050
Matt Simmons on Fast Money
Green UK MEP
Caroline Lucas on PO, food and Transition Handbook
The Australia 2020 Summit – climate & PO
Rep. Bartlett Delivers 39th PO talk (video)
Bartlett’s 39th address to Congress on peak oil. Video available.
An executive summary of weekly news from a peak oil perspective, featuring:
– Production and Prices
– Natural Gas
– $100 Oil and the Economy
– $57 Oil?
– Energy Briefs
A retired friend of ours from the oil industry once offered some sage advice: “When my colleagues in the industry are presenting, they are either buying or selling.” Saleri’s piece in the Wall Street Journal is a sales pitch.
The coming crisis in the oil supply is one of three key topics to be covered at a conference bringing together national experts on “peak oil”, climate change and an environmentally friendly and sustainable economy. The conference is scheduled for May 30 – June 1 in Grand Rapids.
Chase Manhattan predicted peak oil in 1956
The militarization of energy security
Review: Kunstler’s World Made by Hand
Deffeyes: Dashed hopes for NY Times and PO
UK energy bills rise 50% for low use
A win-win-win solution (carbon sequestration and the “staightjacket of rationality”)
Nature: Science in retreat in Canada
A line from a Bob Dylan song has increasingly struck me as a perfect symbol for the choices we now face in dealing with climate change, peak oil and population: “I saw a highway of diamonds with nobody on it.”
We need to get it right. No one will thank us for a highway of diamonds with nobody on it.
