Oil prices – Feb 29
Oil climbs above $102 to a record as dollar falls against Euro
Oil hits inflation-adjusted record high
Option plays suggest oil may fall to $80 by June (story withdrawn)
Oil climbs above $102 to a record as dollar falls against Euro
Oil hits inflation-adjusted record high
Option plays suggest oil may fall to $80 by June (story withdrawn)
Last week in the ODAC Newsletter I presented four background reasons why Professor Odell could write what he did in response to the article ‘The great fuel folly’ by Jeremy Leggett (The Guardian, February 15th and 5th 2008, respectively). The main reason was the existence of two very different data sets for how much oil the world has discovered – the oil industry’s proved and probable (‘2P’) data, and the very misleading proved reserves (‘1P’) data to which Odell has access. (See below for why 1P data can be so treacherous)…
A digest of news and commentary from a UK peak oil perspective.
TOD: Olduvai revisited 2008
Abu Dhabi energy summit: ‘urgent race to find solutions to the coming energy crisis.’
Oil could reach $300, says Simmons in Mideast
Shell report mentions PO:
A National Dialogue on Energy Security
In its day, the internal combustion engine was a wonderful device that served us well for over a century. That day, however, will soon be over. It is time to start thinking about and planning for alternatives.
Mexico’s oil output falls
Pemex in death throes amid political squabbling
The oil factor in Kosovo independence
Democrats seek to boost taxes on oil companies
Won’t be easy to bollect $31B oil royalties
FutureGen CEO interview
Amid election, coal takes the offensive
WaPo editorial: The problem with biofuels
Deutsche Bank jumps into peak-oil debate
Oil hits a high; some see $4 gas by spring
Things not as bad in Gulf as Simmons claimed
N. American NG production and EROI decline
This week in petroleum
Peak oil in a car review
Oil prices take a toll on Gulf’s middle class
South America natural gas crisis
A credible European energy strategy
There Will Be Blood– dramatization of peak oil?
Renewal (religious environmental activism)
The Gleaners and I (extreme recycling)
U.S. Rep. Roscoe Bartlett (R-MD) interview
Stuart Staniford: Whither the bumpy plateau?
Matt Simmons interview and slides
Global shortage of metals looming
US governors: include coal in energy debate
Alarm over new oil-from-coal plans in China
Experts discuss clean coal technology
Uranium and the nuclear renaissance