Insight and inspiration in turbulent times.
Now that OPEC has agreed to raise its crude oil production quotas in hopes of taming high and jittery oil prices, industry experts are growing more concerned about both the capacity and the security of oil tankers, the next link in the supply chain.
Full text of a lost speech. “By 2010 we will need on the order of an additional fifty million barrels a day. So where is the oil going to come from?… Oil is unique in that it is so strategic in nature. We are not talking about soapflakes or leisurewear here. Energy is truly fundamental to the world’s economy.”
People complain now about gasoline at $3 per gallon. After Hubbert’s Peak, $7 per gallon will seem cheap.
It is an unfortunate truth about human history that social systems, no matter how unjust, tend to reproduce themselves and that change emerges only from crises.
China’s insatiable, growing appetite for oil will direct future events in the East Asia. It’s not just commodity and stock prices that will be affected either… we maybe looking at a major military conflict in the Far East…
Much of Nigeria has come to a near-standstill after millions of workers walked out over rising fuel prices.
If peak oil theorists are correct, our dependence on oil is not only foolish, it’s lethal. Does modern civilization have just two choices–change or perish?
A report of a presentation on Peak Oil and Gas by co-leader of the New Zealand Greens, Jeanette Fitzsimons.
El Paso Corp., the largest U.S. natural gas pipeline operator and still one of the largest producers, recently disclosed a sharp decline in its quarterly natural gas production.
Without cheap oil, the only safe option is to start dismantling our complex economies
The CIA are staging a subtle coup against Bush and Cheney over the Plame Case writes Michael C. Ruppert.
ASPO’s 42nd newsletter is a must-read.
