Insight and inspiration in turbulent times.
After scores of private meetings with Big Oil giants such as ExxonMobil and ChevronTexaco, the Federal Energy Regulatory Commission is aggressively undermining the authority of state and local governments to reject dozens of proposed liquefied natural gas facilities all across the country.
The looming energy crisis overshadows Bush’s second term writes the author of Blood and Oil: The Dangers and Consequences of America’s Growing Petroleum Dependency
My proposition is that reduction in demand plus an addition in supply will delay peak production well beyond this decade.
Bush admin isn’t putting money where its mouth is on “clean coal”
A swamp near here is one of the most secretive places in America. There are no signs, just a 500-acre complex protected at all times by 30 armed guards in combat fatigues patrolling in sport utility vehicles.
More updates from the excellent British Peak Oil website.
Oman, which has battled to halt a drop in oil production, is estimating a lower daily output of 750,000 barrels next year, the national economy minister said in remarks published Sunday.
Nobody – not even George Bush and Dick Cheney – believes that the
Earth is producing more petroleum, at least not within an interval of
time or at a scale to be of any use to us or to our successors.
Member nations of the Organization of the Petroleum Exporting Countries have cut the proportion of their deposits denominated in dollars by more than 13 percentage points in the past three years, mainly to the advantage of the euro, the Bank for International Settlements said Sunday.
An empirical challenge to USGS/USDOE forecasts of future Saudi oil production, with some important comments from industry figures at the end, e.g. “..Billions of barrels of oil calculated to be part of world reserves by the US government include nearly unusable pitch..”
Canada’s known natural gas reserves continue to decline even though a record number of wells were drilled in 2003, the energy industry announced Thursday.
India has oil reserves to last only till 2016, if no new discovery is made, the Petroleum Minister, Mr Mani Shankar Aiyar, said today.
