America’s Perfect Storm
A fiscal train wreck is one thing but when it is combined with the following elements it makes the recipe for a perfect storm as American as apple pie.
Fossil Fuels
Can Britain go back to coal?
It’s black, dirty and desperately unfashionable, but without it the UK may be heading for winter blackouts. Could coal really be the future of British energy?
Bank tips global recession
“As the odds of a full-blown oil shock rise, the prospects of outright global recession in 2005 loom more and more likely,” said Morgan Stanley’s chief economist Stephen Roach in a note to clients. Roach also warned that “there are more cuts to come”.
Preaching Peak Oil in the Local Coffee Shop
I’m not sure why, but every time I walk into the coffee shop, somebody immediately asks me what the latest doomsday scenario is…. Lately I’ve been telling them the end is near because world oil production seems to be peaking, and as far as I can tell, we’re all going to end up riding skateboards and scooters to work.
Is Oil Heading For $100?
What is the scenario in which oil hits $100 per barrel in the next five or six years? Simmons speaks of a phenomenon called “Peak Oil” and says it is “as inevitable as death,” though, like death, predicting its precise timing is not easy.
New Book: Oil, Jihad and Destiny
Oil depletion is not a future event that we can ignore. It is real. It is upon us. The economic and cultural destiny of mankind is inexorably tied to the availability of oil.
Australia: High oil price threatens economy
A recurring question has taken on new urgency in recent weeks – how far can oil prices climb before the world’s economies, Australia included, begin to buckle under the stress?
How to Hedge the Crude-Oil and Gas `Energy Tax’
Record-setting natural-gas and oil prices are tag-teaming to create a winter of discontent for most households. Yet you can protect yourself through your investments and home improvements.
IHS Energy’s Report on 10-Year Petroleum Trends — 1994-2003
IHS Energy claim that the current oil ‘demand crunch’ is primarily geopolitical – not geological – in nature, while the long term energy outlook is promising.
Malaysia to reduce dependence on crude oil: PM
Malaysian Prime Minister Abdullah Ahmad Badawi said Monday his government will look into ways to lessen the country’s dependence on crude oil.
Peak Oil? Include Me Out – Thoughts from a Once-Burned Y2K Activist
On December 31, 1999 when the clocks ticked for the last time in the old year and then proceeded to quite happily keep ticking their chronological way into the new, hundreds of millions of people around the world rejoiced as they welcomed the 21st millennium. At the same time, thousands of people looked at their television sets and the still-glowing lights of their homes and cities, and immediately realized that they now looked like idiots.
OPEC Expects Further Increase in Oil Prices
High oil prices haven’t damped demand or spurred extra production, forcing the world to rely more on OPEC’s oil, the producer group said Monday.
