New Peak Oil Booklet
Mike Tooke of PowerSwitch.org.uk has produced an informative 20 page booklet introducing the topic of peak oil which can be downloaded for free.
Fossil Fuels
No Longer Obeying Orders
In an excellent speech given in Johannesburg earlier this month, George Monbiot looks frankly and damningly at the state of corporate journalism, who’s institutional interests are at odds with any potential policy changes addressing climate change and resource depletion, such as the imminent global oil peak.
Crude Will Hit “$60 Before $40”
Energy tycoon Boone Pickens says “we’ve seen $40 oil for the last time” and expects “$10 natural gas” probably within “four months”
A Rebuttal of Thomas Gold’s Claims for Abiotic Oil (summary only)
Thomas Gold, before his death, proposed that the origins of oil may be abiotic (non-biological) – arguments now repeated by many to suggest that there is no danger of oil peaking. The following is a scientific dialogue critiquing Gold’s work, not easy reading for the layperson, but important nonetheless.
Iraq oil recovery effort costing lives
Scores of Iraqi oil workers have been killed or maimed since last year’s invasion after they defied death threats and remained in their posts, Oil Minister Thamir al-Ghadhban says.
Oil tanker shortages drive costs higher
With global oil demand surging and prices hitting record levels, the world’s 1,500 oil tankers are all booked up, and charter rates are soaring. The shortage of tankers is one sign of how strong demand and a lack of investment have left the oil industry’s infrastructure stretched thin.
Oil prices could double in 3 years
World oil prices will rise to $100 a barrel in three years if demand continues to grow at the rate it has this year, an expert on the global oil market predicted Tuesday during a trip to New Orleans.
Transneft: Russian Oil Output Slowing
“Russian companies have underproduced 14 million tons in January-September compared to what they initially planned,” crude pipeline monopoly Transneft’s head, Semyon Vainshtok, said Tuesday.
From Wood to Coal in an Effort to Stop Deforestation
The competition between energy and environmental needs in Niger has taken centre stage of late, with authorities seeking to promote the use of coal in a bid to halt deforestation in the North African country.
Oil-producing nations rank high in corruption
Most oil-producing nations are also rife with corruption, and oil companies should provide more information about their operations to help clean up the market, a global watchdog group said Wednesday in an annual report.
US: Ailing airline Delta reports wider loss
Delta Air Lines Inc. reported a much wider third-quarter loss despite a rise in revenue and warned that its financial situation has worsened to the point where it needs to significantly reduce its costs quickly to turn things around.
Brown Sees Short Path to Oil Independence
“With the price of oil above $50 a barrel, with political
instability in the Middle East on the rise, and with little
slack in the world oil economy, we need a new energy strategy,”
says Lester R. Brown, president of the Earth Policy Institute, a
Washington, DC-based research institute. “Fortunately, the
outline of a new strategy is emerging with two new technologies.”
