Global Scale Politics
While peak oil enjoyed a break out in 04, and even though most Americans know in their heart of hearts that Iraq was about oil, Americans, this election, have yet to really make the connection.
While peak oil enjoyed a break out in 04, and even though most Americans know in their heart of hearts that Iraq was about oil, Americans, this election, have yet to really make the connection.
“I think the real price for oil to be $100,” said MP Kamal Daneshyar. “Therefore, importers are now buying oil much cheaper than the price they’ll soon face”.
OIL prices will skyrocket to US$100 per barrel, but the rich in Trinidad and Tobago will continue to get richer and the poor poorer. Yesenia Gonzalez, the 44-year-old Venezuelan psychic, is so confident this prediction would materialise in 2005, that she said she was prepared to put her reputation as a “top international psychic” on the line. [ At least she’s been reading her ASPO newsletters. ]
A treasure chest of downloadable presentations on Peak Oil topics, including OPEC, energy and equity, alternative energy, and hydrogen.
As oil settles at over $50 a barrel for the second day in a row (four if you include the weekend) I am visiting one of the only places on Earth which really does have an expanding hydrocarbon supply.
Eight-page report on the Association for the Study of Peak Oil and Gas (ASPO)conference this May in Germany…Our conclusion from the meeting? Peak Oil is real, and it’s getting closer.
Asian giants and economic rivals India and China are locked in battle to secure stakes in oil fields and blocks in the new energy haven of West Africa, officials and analysts here say.
The petrochemical industry’s costs are skyrocketing as raw materials grow dearer. `We’re keeping our fingers crossed,’ one executive tells reporter John Spears.
With oil prices surging, crude producers in the Permian Basin, the U.S.’s oil heartland, are scrambling to squeeze more oil out of their wells.
In the last of the Guardian’s series on the UK’s declining oil reserves, oil chiefs explain why Aberdeen has reason to be cheerful…our overall oil reserves may be in permanent decline but there is still plenty of money to be made and no need yet for despondency.
Two days of talks are capped by signing of border pact and other deals but there is no announcement about oil pipeline.
Increasingly, sharing natural resources will require close international cooperation, peace, and security. This is not the 21st century path we are choosing.