What if…
It’s 2006. Bin Laden conquers Arabia. Crude prices are nudging $100. A far-off fantasy? Don’t you believe it, writes Oliver Morgan
Fossil Fuels
UK: Army guard on food if fuel crisis flares
Hundreds of troops will be deployed to defend vital supermarket depots in the event of fresh fuel protests in the autumn.
ODAC bulletin
News briefs from ODAC.
Oil supplies: we’re on a knife-edge
OIL supplies are now so tight that just 1.5 million barrels of oil a day – less than 2% of global production – is keeping another potentially devastating surge in energy prices at bay, experts have warned.
Rights group denounces Australia over Timor oil
A US-based rights group denounced Australia yesterday, saying Canberra should be “ashamed” for allegedly robbing East Timor of much-needed oil and gas revenues from the disputed seabed between the two nations.
California: Large energy buyers find market dry
Shaken energy managers throughout Silicon Valley are finding cheap, long-term electricity deals a thing of the past as they go about trying to replace expiring energy contracts.
Oil prices ease as Opec opens tap
Oil prices eased further below $40 a barrel yesterday as an Opec deal to pump more crude outweighed underlying fears of political instability in top producer Saudi Arabia.
Blast hits Russian oil depot
A bomb blast has ripped through an oil storage depot in the town of Neftekumsk in Russia’s Stavropol region.
Present oil trouble not without a past
Carter was serious about energy alternatives and paid a significant price — and wise politicians have avoided the problem ever since.
After the Oil Runs Out : Oil Production might soon peak. Then what?
It now appears that world oil production, about 80 million barrels a day, will soon peak. In fact, conventional oil production has already peaked and is declining.
China’s demand stokes coal prices
THERMAL coal spot prices, which smashed records earlier this year, are expected to remain high as Chinese demand increases.
Syria welcomes U.S. oil deals despite sanctions
Syria continues to sell oil to U.S. companies and encourage U.S. investment in its energy sector, despite Washington’s unilateral sanctions, Oil Minister Ibrahim Haddad told Reuters.
