Latin America – Nov 26
Ecuador election: leftist economist vs banana baron
Venezuela’s costly policy of cheap gas
Erroneous Venezuela oil production figures?
Ecuador election: leftist economist vs banana baron
Venezuela’s costly policy of cheap gas
Erroneous Venezuela oil production figures?
In 1957, U.S. Admiral Hyman G. Rickover, the “Father of the Nuclear Navy,” delivered a startling speech on “Energy Resources and Our Future.” The speech prefigured the current peak oil analysis, calling our age the “fossil fuel age.” He warned that reserves are “likely to run out at some time between 2000 and 2050.”
Russia attacks the West’s Achilles’ heel
Putin issues veiled warning to east Europe
Europe backs down on the energy charter
Why Russia has a gas shortage
How to address peak oil skeptics
Friendly fire – the dark side of techno-fixes
Investment in oil E&P – an above-ground factor
How to prepare for peak oil and climate change (permaculture)
On Tuesday, climate scientist James Hansen said that the world has less than a decade to take decisive action on global warming or risk tipping the planet towards catastrophe. ..The world may have ten years, but Texas only has six months to stop TXU from turning our climate to toast.”
Energy shock hits the upwardly mobile poor hardest
in Africa’s Guinea. Riots, blackouts cripple cities.
A hospital’s incubator shuts down.
“We could actually lead a happier life if we took some of the luxury or unnecessarily or gratuitously excessive edges off our material lifestyle.”
Guinea – as fuel prices soar, a country unravels
Near-term peak unlikely to happen
Statoil CEO discusses peak oil
American politicians continue to push the fantasy of energy independence, a world where ethanol made from corn (and, they hope, from switchgrass) will replace oil and American soldiers will never again need visit the Persian Gulf, except, perhaps, on vacation
It is not much of leap to believe that CERA is coming under heat from those who recognize that a bad call on peak oil will be devastating. This CERA report, which is obviously an attempt to defend their position, may be a sign that the message of peak oil may just be getting through to the corporate world.
Even If The Optimists Are Right, Time Is Getting Tight
Mexico: output short of demand
Lynch: Oil to Fall Below $45
According to the EIA the world through August 2006 has produced roughly 100 million fewer barrels of crude + condensate than if we had simply maintained the December 2005 production level. This is consistent with the Hubbert/Deffeyes model. It is not consistent with the Yergin/Jackson model.