US: Natural Gas Supply, Demand and Pricing
Financial columnist Andrew Weissman predicts high energy prices for the US.
Fossil Fuels
The Oil Crunch
New York Times columnist Paul Krugman on peak oil.
Energy-Inspired Geopolitical Rivalry Coming To A Head
As the BTC Pipeline Nears Completion, America & Russia Make Their Respective Moves Seeking Strategic Control Over Caspian Energy Resources
LEE Raymond CEO of EXXON MOBILE ON Charlie Rose
Lee Raymond CEO of Exxon Mobile
Global Climate Change and Peak Oil – Part II
Abrupt climate change. We will look at the oceans’ role in the climate, the ocean conveyer system, the history of abrupt climate change episodes, and the effect of these episodes upon previous civilizations.
Doubts surface on control of Iraq oil revenue
Differing interpretations of control over Iraq’s oil revenues emerged on Tuesday in Baghdad, potentially calling into question the financial independence to be ceded to the interim government that is due to take charge of the country in July.
World oil production capacity model suggests output peak by 2006-07
Simulations of the World Oil Production Capacity (Wocap) model suggest that global oil production will peak at a point near 81 million b/d well before the end of the decade, likely by 2006-07
Cuba:Life after Oil
…we looked to one example, Cuba, the only country that has successfully passed through its own artificial “peak oil.”
Suncor’s Net Falls 38%; Company to Stop Oil Hedging
Suncor Energy Inc., the second- largest oil-sands miner in the world, said first-quarter net income fell 38 percent after the company paid more royalties to the Alberta government. The company also said it will stop hedging oil-production.
Russia: Top secret oil
British Petroleum states that Russian oil reserves equal to 60 billion barrels.
Such relatively modest amount leads us to believe that a new Russian law consummated in February 2004 was no coincidence. According to the new law, any information concerning oil reserves in the country is in fact State secret.
Is Saudi Arabia Still the King of the Oil?
So it’s almost official: World oil production is in trouble. The secret has been slipping out of late, with reports of Royal Dutch Shell and other oil producers downgrading their reserves, but it now seems that Saudi Arabia may also be in crisis mode over its reserves.
Adios, cheap oil, bring on the big bucks
CARACAS – The high oil prices seen since the US-led invasion of Iraq could be followed by a drop, as has occurred for decades after every rise in prices. But even then, signs pointing to shortages in the medium to long term indicate that the era of cheap oil is officially over.
