Living the diesel shortages in China

Trucks are lining up in their hundreds at three stations in Chongqing, China, in the hopes of getting 40 litres of fuel. In this city of 10 million, only those three are still selling diesel. This may be an economics-induced dress rehearsal of the reality that will face the rest of the world in the post-peak oil universe.

The dollar – Nov 29

Economist: Gulf countries rethink currency pact with the dollar
Jerome a Paris: Concern-trolling the euro
Ecuador’s Correa pushing OPEC to switch to stronger currency

Facing up to the falling dollar

Peak oil – Nov 29

UK Mirror: Don’t be fuelled…
Analyst Petrie sees oil prices between $75, $85
Peak oil
campaigner kicked out of council meeting
al-Huseini transcript now available
Handy hints for post-petroleum