Imperial Reach
Michael Klare discusses the recent and proposed changes to locations of US overseas bases in relation to changed geopolitical circumstances and the need to protect its sources of oil.
Fossil Fuels
Saudis promise to open oil spigots
Saudi Arabia is promising petroleum buyers all the crude they want to build inventories ahead of an expected sharp increase in demand, according to a media report Thursday. The world’s largest oil exporter is offering to pump to capacity, The Wall Street Journal reported in its online edition, citing an unnamed senior OPEC official.
BHP, Australian Explorers Shift to Gas as Oil Finds Dwindle
BHP Billiton and BP Plc are among petroleum companies that may commit this year to spend more than A$5 billion ($3.9 billion) in Australia, mostly to produce natural gas as oilfield discoveries decline.
Australia: We’re running out of oil, says Treasurer
Treasurer Peter Costello has delivered a blunt warning that Australia is running out of oil as existing fields near the end of their productive lives.
Peak Oil ‘To Do’ List: Why We Should Do These Things Anyway
But even if [Cornucopian economists] are right about the miraculous and timely appearance of oil substitutes, are they right that the things we would do as a global society to prepare for world peak oil production are a “waste of resources?”
ChevronTexaco’s CEO banking on peak oil situation
So if the head of San Ramon’s ChevronTexaco is prepared to gamble more than 16 billion bucks on oil prices staying at stratospheric levels, I’m ready to give him the benefit of the doubt.
And reading between the lines, that means only one thing.
Peak oil.
We’re basically there.
BP says oil fields declining
Oil company BP’s existing oil and gas fields are posting production declines of about 3 per cent, Tony Hayward, the company’s chief executive for exploration and production, said on Wednesday.
Natural Gas and the future of Arab Cooperation
Report from a regional thinktank, concluding that exporting natural gas is not the best strategic option for the Arab World.
US: Lawmakers Want Daylight-Saving Time Change
A House committee voted on Wednesday to expand U.S. daylight-saving time by two months to help reduce energy consumption, but rejected a plan to shave total U.S. oil demand by 1 million barrels a day.
Talk on Peak Oil at Riverside Peace Festival, New Zealand
Text of speech “We can’t leave this to central government. They are not interested. The structure of Central government is such that they will not respond to Peak Oil until it is too late.”
Re-thinking energy use
Audio interview with David Holmgren, co-originator of the permaculture concept, and Barry Jones of the Australian Petroleum Production & Exploration Association (APPEA).
Current food production system due for collapse
World grain yield fell for four successive years from 2000 to 2003, bringing reserves to the lowest in thirty years… The Independent Science Panel (ISP) and the Institute of Science in Society (ISIS) are launching a Sustainable World initiative to engage with all sectors of civil society to make our food production system truly sustainable.
