Fossil Fuels

Preparing transportation for oil depletion

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Some 95% of motorized travel and freight movement by land, sea, and air is fuelled by oil products, accounting worldwide for consumption of some 60% of crude oil. …Our assessment of numerous alternatives to oil as a transport fuel concludes that, as oil depletion progresses, only electricity could reasonably power acceptable levels of land transportation.

Response to WSJ article on peak oil

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The oil production forecasts that have been truly erroneous are not those of peak oil researchers, but those of the EIA, the IEA and CERA. These estimates are consistently biased high. One wonders whether the forecasts of these organizations are based primarily on forecasts of future demand, together with a large measure of wishful thinking.

All eyes upon OPEC – Nov 17

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OPEC experts call for expansion of oil supply
Open mike: OPEC communique shouldn’t mention dollar
OPEC examines the benefits of boosting capacity
OPEC looks to the future, its clients to the present
OPEC to discuss currency basket
High oil prices confound OPEC
OPEC promises expensive oil
OPEC shifts its stance on climate change
OPEC to reject oil output boost, seek carbon cutback

Oil prices – Nov 17

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A world of runaway energy demand
Why $150 oil may be right around the corner
Why $50 oil may be right around the corner
Oil rises $1+ on signs OPEC’s lost control of prices
Oilwatch Monthly