As oil flirts with $100, industry CEOs issue warnings, dead enders take cover in last foxhole

It’s as if, facing the firing squad of $100/barrel oil, some CEOs, oil ministers, and energy experts have decided to come clean. Still, in some boardrooms, at the U.S. Energy Information Administration, and at Cambridge Energy Research Associates, denial still rules. The last foxhole of the dead enders remains “increased recovery factors.”

None dare say it was for oil

Many inconvenient questions come tumbling out of the assertion that the Iraq War is about oil. …The simple fact is that if the Iraq War is really about oil (and I believe that it is), then this means that the current official story, namely, that a smooth, seamless transition to a post-oil economy is underway, is something that even the [Bush] administration itself does not believe.

South African cities need to change lanes as oil runs dry

Most of South Africa’s cities experienced their growth during the course of the 20th century. In large part, our cities were structured through the lens of segregation and apartheid. The evolution of our cities is also intimately bound up with the prevalence of abundant cheap oil.