Matt Simmons interviewed after ASPO 2004 (video)
Matthew Simmons, energy banker and former advisor to President Bush, speaks candidly with Julian Darley about ASPO 2004, the media, and more.
Fossil Fuels
US Dept of Energy office supports Peak Oil theory
An office of the US Department of Energy addresses – and supports – Peak Oil research in this unusually frank document, Strategic Significance of America’s Oil Shale Resource. An essential reference.
Worldwatch Institute: Oil Price Surge threatens Economic Stability and National Security
Washington, DC—One of the central issues facing policy makers in
Washington and around the globe in 2005 is the prospect of further
instability in world oil markets. This new reality carries both
economic and security risks. Another oil shock could tip the world
economy into a premature recession, while the massive flow of oil
revenues into the Persian Gulf and Russia threatens to derail
economic reforms and foment political unrest.
For better or worse, China is stuck on coal
The fate of the sleepy mining town of Sandaoling — and of the entire country and its booming economy — is tied to coal.
Methane Burps: Ticking Time Bomb
If we trigger this runaway release of methane, there’s no turning back. No do-overs. Once it starts, it’s likely to play out all the way.
ExxonMobil president sees long-term energy changes
For at least the 3 decades and probably beyond”we will need to find and produce even more oil than we do today, a very challenging responsibility for all of us in the petroleum industry,” said Rex W. Tillerson, president of ExxonMobil Corp.
China and India’s new thirst for oil brings new dynamics to the market
The huge economic growth in the world’s two most populous nations has already started to put extra strains on the oil market. Could the newly voracious Chinese and Indian thirst for oil also have dangerous strategic implications?
Seed Corn Economy
Our intricately structured global economy is stupidly buttressed with one thing. More oil, every year.
The Marginal Price of Oil
Many individuals could save themselves a great deal of aggravation by recognizing the fundamental and permanent (or soon-to-be permanent) changes in the crude and products markets instead of berating OPEC and others about some obsolete notion of a fair price for oil.
Scientists debate decline of oil stores: Sooner or later?
Scientists meeting at the American Geophysical Union conference in San Francisco debated Tuesday whether the world has plenty of oil for centuries to come — or if it faces impending shortages that might trigger economic chaos, even war, in coming decades.
End of Oil Could Fuel ‘End of Civilization as We Know It’
Opponents in a long-running debate over when the world will run out of oil squared off Tuesday in a crowded room of scientists, reaching only one conclusion: The supply of fossil fuels is fixed and the world economy will eventually have to wean itself from oil.
For A Change, OPEC Is Worried
Supply is ahead of demand — but falling prices probably won’t last long.
