Paying the right price for oil
HERE’S the sticky truth about oil: As a finite commodity, the world never seems to tire of burning more of, its price is bound to hit the roof.
Fossil Fuels
On The Way To Armageddon: Could We Make A Detour?
Global Warming is not the disease; it’s a symptom, albeit the most serious symptom of a cancer caused by industrial civilization. Prescribing more nuclear power (even if physically possible) as a cure to the civilization’s cancer is tantamount to treating a smoker’s lung-cancer by switching her over to a different brand of cigarettes.
Why Osama backs Bush
Saudi power struggles are holding back attempts to defeat terrorism.
Sudan: Peace deal to unlock oil wealth in the balance
Despite the war, the Sudanese economy has grown solidly, helped by rising oil exports which last year were about 300,000 barrels a day, and should reach 600,000 barrels per day next year.
US: Suddenly, It’s Hip to Conserve Energy
Gas prices finally headed down last week. But the pattern over the last 30 years suggests that this is bad news for anyone who believes that Americans, the world’s biggest oil consumers, can ever curb their energy consumption.
‘Fill ‘er up’ becomes the unlikely battle cry of Car Wars
There is also the possibility we’re living through the early phases of something much bigger than just another temporary “crisis” and which history will record as a turning point.
Peak Oil is Here
The biggest news in the world at the moment however is also the most suppressed, and it is actually quite frightening. It’s suppressed because it completely obliterates all the ludicrous reasons we’ve been fed about why we’re in Iraq and Afghanistan, and because once it becomes self-evident the global stock markets will panic and crash.
OPEC: Demand for Oil Growing
OPEC expects world oil demand to rise by some 2 million barrels per day in the third quarter from a seasonal second quarter low, as consumption growth hits a seven-year high, the cartel said Thursday.
Cheap oil now, high costs later
IN THE short run, it is good news that the price of a barrel of crude oil has fallen below US$40 (S$69). In the long run, however, this is not good news. In fact, it may be terrible news.
‘It All Leads Back to Texas’
Robert Bryce on the Texas-Washington-international crony network. “If you believe, as I do, that worldwide oil production has reached its peak, then they’ve set up a global showdown.”
Angola’s $370m oil plan stirs up activists
Luanda – The Angolan government yesterday unveiled a $370 million (R2.4 billion) plan to develop infrastructure in the oil-rich Cabinda enclave, in a bid to win over a region that has long pushed for self-determination.
Australia not facing up to reality of energy resources
Australia will have to import oil by the end of this decade as we move into a world where prices are inevitably going to be higher.
