Richard Heinberg on Dwindling Oil and 9/11
Richard Heinberg speaking to Lynn Gary on Unwelcome Guests SHOW #206 9 May 2004 Dwindling Oil and 9/11 – Part 4 of the International Inquiry on 911’s Unanswered Questions
Fossil Fuels
Crude oil squeeze continues
The important point is this: Why is OPEC busy asking Russia and other non-cartel producers to boost their production if Saudi Arabia has everything under control?
Norway Oil Workers Begin Strike, Cutting Output
Norwegian oil workers are going on strike from today, cutting output from the world’s third- largest oil exporter, after two unions failed to reach a pension accord with employers.
Coal is the future, Howard tells Australians
Despite concerns about global warming, the prime minister’s energy plan stresses the importance of fossil fuels and rejects the Kyoto Protocol
US: Good news now, bad news later
We need both cheap money and cheap energy, in particular oil and its derivatives. The problem is that we can print our own money in any quantity the Fed deems sufficient to keep the economy humming along. But we can only provide 40 percent of the oil we must have from domestic sources.
India: Petroleum, coal price hikes to hit many sectors
The first major economic decision by the government is expected to hit many industry segments, leading to an across-the-board rise in prices of various goods. The steep hike in petroleum and coal prices on Tuesday will negatively hit companies — especially the automobiles, steel and cement sectors.
Energy crisis this time could be much worse
Dan Rice has been following the energy sector since the 1979 oil crisis, when fears of gasoline shortages led to long lines at gas stations. But Rice, manager of State Street Research Global Resources fund, believes the USA faces a much more serious energy crunch this time.
OPEC Presses Non-OPEC for More Oil
OPEC said on Wednesday it will ask producers outside the cartel to raise output to help cool high prices, but got a quick reply from Russia saying it had no slack in its system to boost exports.
How Long Can We Hang On to our Impossible Lifestyle?
in the United States–we have before us an utterly unsustainable process. For every calorie you consume, ten calories of fossil fuel go up in smoke.
Australia: Energy future is still ‘on precipice’
“…and alongside those issues was the alarming decline in Australia’s self-sufficiency in crude oil, which forecasters say means we will have to import most of our crude oil and petroleum products from overseas by 2008.”
Attacks hit Iraq oil export
With all Iraq’s oil exports halted by sabotage, gunmen killed a top Iraqi oil official on Wednesday in a new blow to an interim government reeling from violence two weeks before U.S.-led occupation formally ends.
There’s enough oil left to last for 40 years, says BP
Petroleum giant BP said yesterday that world oil supplies remained plentiful, despite growing concerns about the remaining global reserves of crude.
