Australia: Import crisis as our fuel tank runs low
Even with new discoveries, increasing domestic demand means Australia will need to import more and more of its oil over time.
Fossil Fuels
Crunch makes fuel options mandatory
Neither President Bush nor his Democratic rival, John Kerry, has shown the vision demanded by the critical problem of the nation’s overdependence on depleted fossil fuels.
Warning by Yukos drives oil prices up
World oil prices rose on Thursday after Russia’s largest oil producer, Yukos, said a court ruling “paralyzes” the company’s operations.
Everything you need to know in 5 Minutes
All you need to know about Peak Oil in 5 Minutes. Delightful cartoon presentation in four parts.
Indonesia short on LNG commitments
Indonesia said it may need to buy 54 spot cargoes of LNG between 2005-2007 to meet its overseas sales commitments. Indonesia is the world’s top exporter of LNG, but has been struggling to meet its contractual commitments for the super-cooled, compressed gas as output has declined and supplies have been diverted to the domestic market, mainly to fertiliser plants.
Oil Could Help Japan Resolve Territorial Fight With Russia
A development of oil and gas reserves could break a geopolitical logjam between Russia and Japan that has endured since World War II.
Oil worries lubricate South China Sea pact
Soaring oil prices have raised the stakes in China’s game of brinkmanship over the hotly disputed Spratly Islands, with the Philippines this week becoming the first rival claimant to break ranks.
New Book: Crossing the Rubicon: The Decline of the American Empire at the End of the Age of Oil
This is a detective story that gets to the innermost core of the 9/11 attacks. It places 9/11 at the center of a desperate new America, created by specific, named individuals in preparation for Peak Oil: an economic crisis like nothing the world has ever seen.
Oil, guns and money
What’s really behind the recent redeployment of U.S. military forces? Making sure no one messes with American access to global energy resources. An excerpt from “Oil: Anatomy of an Industry.”
China’s Great Depression
The development and the causes of the Inflationary Boom of the 1920s and provides a basis for comparison with the economic policies of modern-day China. This time, however, the bust may be triggered by peak oil.
Nigeria: Police battle gangs over stolen crude
Extra troops are deploying to the southern Nigerian city of Port Harcourt in support of police battling armed gangs linked to local political groups and an illicit trade in stolen crude.
Bush’s ruinous economic plans
There’s a growing consensus among experts that the most recent wave of oil price hikes is not mainly the result of market manipulation, refining bottlenecks, or the Iraq occupation but the harbinger of the long-predicted depletion of the world’s extractable oil reserves.
