Fossil Fuels

SA: OPEC wont meet demand in 10 to 15 years

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… But private warnings also point to a worsening long-term outlook, with Saudi officials saying that the Organisation of the Petroleum Exporting Countries will be unable to meet projected western demand in 10 to 15 years. …
Saudi Arabia pumps 9.5m b/d and has assured consumer countries that it could reach 12.5m b/d in 2009 and probably 15m b/d eventually. But a senior western energy official said: “They said it would be extremely difficult to move above that figure”.

Willyoujoinus.com

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“Energy will be one of the defining issues of this century. One thing is clear: the era of easy oil is over. What we do next will determine how well we meet the energy needs of the entire world in this century and beyond.

So we invite you to join us for a series of discussions on some very important issues. Will you join us?”

Energy-Rich Nations Are Raising Price of Foreign Admittance

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LA PAZ, Bolivia – For centuries, this country made it easy for prospectors to mine – from the Spaniards who plundered gold to the tin barons of the 19th century to the multinational energy companies that flocked here in the 1990’s to develop Latin America’s second-largest natural gas deposits. B like many energy-producing countries these days, Bolivia has pulled back the welcome mat. With an angry population demanding a larger share of the benefits, and some groups even calling for expropriation, the government recently raised royalties and taxes to among the highest levels in Latin America.

Australian LNG showdown in California – It’s all about the game (part 2)

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The competition to build LNG terminals on (or off) the US west coast is hotting up, with corporate contenders having to deal with new geological and operating safety concerns, untested technology and planning framework changes, never mind the political arm wrestling. Martin Hastings updates us on who is still in the game.

Fossil Fuel Headlines – 1 July, 2005

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Caltech professor outlines energy/climate problem, proposes solar /
Bush condemns Kyoto, dependence on Middle East oil /
PO doesn’t mesh with our picture of the world /
Review: Deffeyes new book is unclear on future /
Oilcast in Spanish /
Shell escapes charges over reserves reporting /
Lundberg: Active citizenry before petrocollapse? /
PO article from 5 years ago /
Discussion on peak natural gas /
US uproar about China’s Unocal bid (video) /
Some experts unconcerned about Unocal /
The Oil Drum IS concerned – is oil still fungible? /
Foreign buyers not new to US oil patch

Congressman Bartlett discusses peak oil with President Bush

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Roscoe Bartlett, the Maryland congressman who has spoken on peak oil on the floor of the House, had an extensive conversation with the president today on the matter and said he was “very happy with the meeting.” While he declined to release any details, the fact that he was happy with the meeting is a hopeful sign.

Fossil Fuel Headlines – 30 June, 2005

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BP: world oil consumption hits record in 2004 /
Don’t lower taxes on oil /
Critic: Kunstler is a ‘reactionary envrionmentalist’ who isn’t nice /
Declaration of Independence from Mid-East oil /
OPEC, investment and efficiency are keys, says IEA /
Coming to terms with oil supply squeeze /
Cost of diesel worries truckers /
Greenpeace: fusion project ‘senseless stupidity’ /
Are LNG terminals safe? /
Spotlight on gasification