Force majeure
Hardly a day passes without new oil outages in Nigeria. Let’s examine oil fields scheduled to come on-stream, the newly elected Nigerian government, and the security situation. Welcome to the world of peak oil and rising prices.
Hardly a day passes without new oil outages in Nigeria. Let’s examine oil fields scheduled to come on-stream, the newly elected Nigerian government, and the security situation. Welcome to the world of peak oil and rising prices.
Ali al-Naimi, oil minister for the world’s largest crude producer, Saudi Arabia, and one of the oil industry’s most influential figures, has been discussing Peak Oil.
Petrol ‘will go to $3 a litre’
Petrol at what price?
Motoring group: prediction a ‘scare tactic’
Peak oil is no academic debate: the $100 barrel is a harbinger of the energy shortage to come. What do we do if the producers start keeping their fast-dwindling resources in order to power up their own fast-expanding economies? An oil shock then risks turning into an energy famine.
Lump sums (peak coal)
Downward spiral (UK coal)
U.S. coal power boom suddenly wanes
High-powered P.R. firm goes to work polishing the image of coal
Beyond Bali (Canada and carbon sequestration)
Oil hits $104 as OPEC rebuffs Bush
Non-OPEC oil production likely to disappoint over 2008
Saudi Arabia’s crude oil reserves propaganda
Merrill Lynch: Oil scarcity will dampen world economy
Warren Buffett on net energy and peak oil
WSJ’s Neil King explains PO and oil prices on PBS NewsHour
Peak oil is a cost issue
Oil’s wakeup call
Something historic happened the other day, and it went pretty much unreported. The price of oil reached $102.59. The previous record (adjusted for inflation) had been $102.53 which was set in 1980. We have broken through the ceiling; the Age of Cheap Oil can well and truly said to be a thing of the past.
Russia reduces NG to Ukraine by a quarter
Russia emerging as a global economic giant
Russian Feb oil exports slump, output stagnates
Climate camp to target coal power station
PM’s green credentials are not in the bag
Monbiot: Did the Standard tell the truth about the Heathrow climate camp?
Thirsting for energy in India’s boomtowns
OPEC rethinking production cut plans
Will Saudis export their NG?
Inflation and petroleum depletion in Trinidad
IEA’s Fatih Birol: We can’t cling to crude
Ken Livingstone – Peak oil “opportunity” for London Mayor
Nansen G. Saleri: The world has plenty of oil
Fears of a commodity crash grow (oil too?)
Bread and oil: rising food prices and the Middle East