Insight and inspiration in turbulent times.
UK Gas resources are in a precarious state, with output falling faster than either the Department of Trade or the UK Offshore Operators Association had anticipated, according to a leading Scottish energy economist.
Kjell Aleklett, President of ASPO, scrutinises an article by Dr Luttwak, an internationally recognized authority, consultant to the Office of the Secretary of Defense, the National Security Council, and the U.S. Department of State and member of the National Security Study Group of the U.S. Matt Simmons has also made some comments.
The scenes were heart-wrenching and mind-boggling: an entire modern American metropolis had effectively ceased to exist as an organized society…when it came to reporting on the damage to oil production and refining facilities, most media outlets took at face value the glib and non-specific assurances of the petroleum industry… And all of this is occurring at a time when the global supply of oil is barely able to meet demand…
Weathering the oil storm / GPM interviews Ronald Cooke on US energy policy / ‘You mean we don’t have to pay CERA-Yergin $2500 for 33 pages?’ / The First Disruption / From a future history / Endless Saudi oil: miracle or mirage? / Kunstler – Connect the Dots / ‘Katrina’s aftermath only hints at what will happen when demand for crude outstrips supply’ / NZ When Petrol Hits $2 a Litre / Bainerman on Abiotic oil
Its looking increasingly like politics will decide who gets to build LNG regasification facilities for California – shame about the engineering issues, writes Martin Hastings.
The International Energy Agency has warned of a global energy crisis sparked by the damage Hurricane Katrina has inflicted on strategically important oil refineries.
Alarmed by surging oil prices, the government said yesterday it will announce compulsory energy-saving measures that include restrictions and mandatory holidays in the service industries if prices rise further.
When it comes to the average Joe, the economic disaster that will spin out of the Gulf storm isn’t about gasoline, it’s about natural gas.
‘IT’S THE END of the world as we know it, and we feel fine.’ Grist.org editors look on the bright side, and name a reform agenda.
Excellent calm take on both pump fright and peak oil from mainstream newspaper columnist. [subscription reqd for full text]
A group of 26 countries, including the United States, yesterday agreed to release oil, gasoline or other petroleum products from their emergency reserves in an attempt to bring down soaring prices and avert domestic [US] shortages.
French PM: “We have entered the post-oil era” / Lundin Petroleum CEO “very much believes in the theory of peak oil” / Hurricane Katrina gives us a taste of things to come? / September ASPO Newsletter / Oil and energy on BBC radio / Wind, Water and Oil / Speculative bubble this is not / Future of Energy in the US
