America’s tsunami
Survivors of Katrina are looking around at their flooded world and calling it “our tsunami.”
Fossil Fuels
Why high oil prices are a force for good
BRUSSELS During the first half of 2005, gasoline consumption in Germany and Belgium – and presumably in many other countries – fell by about 10 percent. We have not seen a drop like this for many years. It shows that the market mechanism continues to function as the most important regulator of supply and demand – and very speedily indeed.
ASPO Newsletter #57 – September 2005
The ASPO September 2005 newsletter is now available. Articles in this newsletter:
Queensland (Au) MP Andrew McNamara Interviewed re Oil Vulnerability Task Force
Queensland Australia Parliament member Andrew McNamara speaks to David Room about discovering peak oil, explaining oil depletion to his colleagues and his constituents, and previews his state’s oil vulnerability task force. [Audio & Transcript]
Peak Oil Headlines – 30 August, 2005
Continuing coverage of Hurricane Katrina / When did the era of cheap oil end? / Oil, Blood and the Future / Over a barrel
The Saga of Oil
A petroleum geologist tells the story of oil from the early days of drilling to Peak Oil. **An Energy Bulletin Special**
Storm aims for heart of U.S. oil industry
Oil traders closed business on Friday confident that Hurricane Katrina would hit too far to the east to affect the price of oil and natural gas.
That was before the National Hurricane Center shifted the storm’s possible path to a more westerly track that slices through the nation’s main oil artery and could result in record prices for a barrel of crude within a matter of days.
UK gas and electricity crisis looming
The UK could experience a shortfall in gas supplies this winter due to the rapidly declining extraction rate from North Sea indigenous reserves and the country’s inadequate gas infrastructure (based on a just-in-time delivery system from offshore fields).
The Iranian line in the sand
Iran plans to trade oil for Euros rather than US dollars (petro-dollars). How will the US react?
Rep. Bartlett sponsors Peak Oil conference
Half-day Peak Oil conference to be held in Maryland September 26, featuring Kenneth Deffeyes, Richard Heinberg and Matthew Simmons.
The Silent Oil Crisis
The final oil crisis has begun, silent to us, but dangerously there.
The Oiloholics
The Economist has on its cover this week a not-so-flattering caricature of Uncle Sam and a [Chinese] dragon, both sipping down oil like there’s no tomorrow. The article is “The Oiloholics.”
