Insight and inspiration in turbulent times.
U.S. oil production plunged to a 54-year low after Hurricane Ivan slashed through the Gulf of Mexico two weeks ago, sinking rigs, buckling pipelines and triggering underwater mudslides that sheared the legs off platforms.
Two articles alleging that the peak oil hypothesis is a myth propogated for Isreali zionist interests.
‘The real point is not so much the exact date of peak but the statement that the First Half of the Oil Age, which was characterised by growing production, is about to be followed by the Second Half when oil production is set to decline along with all that depends upon it.’
This November, people from around the country will gather in Yellow Springs to hear nationally recognized speakers address the pressing issue of ‘Peak Oil’ and the benefits of small community and low-energy solutions.
Sharing oil reserves among Asian nations could be an option for countries in the region if crude prices stay high, Japanese Trade Minister Shoichi Nakagawa said on Tuesday as oil soared to a record above $50 a barrel.
The United States, land of gas-guzzling sport utility vehicles and air-conditioned McMansions, might do well to turn to the country Americans love to hate for lessons on how to curb its reliance on imported oil: France.
The costs and benefits of America’s occupation of Iraq vary, according to proponents and opponents, except when it comes to oil exports.
The absorption of Russian state-owned oil company Rosneft by the gas giant Gazprom appears to have run into trouble amid press reports yesterday of furious infighting among top Kremlin officials over the deal.
Some ominous words from a G-7 official tend to corroborate the ‘alarmist’ view that the world is running out of oil and that high prices are here to stay — a structural phenomenon rather than a spike.
When Bush seized Iraq – using Saddam as an excuse – it was the first step in an endgame for the remaining oil reserves necessary for the American way of life. According to Stan Doffish, this horrible logic may lead the Bush administration to attempt to ‘depopulate’ Asia
Much to the consternation of the European Union, which now numbers several former Soviet bloc nations among its members, Russia through its natural gas monopoly, Gazprom, has spun a web of control over energy supplies extending from Estonia on the Baltic Sea to Bulgaria on the Black Sea.
Oil giant BP has reported buoyant trading in the three months to September, with production up by 11%, on the back of soaring crude prices.
