Peak oil & supplies – June 2

The latest peak oil projection: a stunning difference (Aleklett vs IEA)
Peak oil professor challenges IEA figures
Energy shock and oil myths (Rubin and Tertzakian)
ExxonMobil’s 2008 Corporate Citizenship Report (CCR) – & peak oil?
Global Storage Constraints Limit Oil Stockpiling

Prices & supplies – May 31

IEA output forecasts are ‘outside reality’: Aleklett
Exxon Mobil CEO tells shareholders that fossil fuels have long future
Western world is faced with the crude reality of rising oil prices
Blogger Conference Call with Robert Ryan, VP of Global Exploration, Chevron

Review of RAND study, Imported Oil and US National Security (May, 2009)

RAND Corporation has brought its considerable expertise to bear on the national security implications of US oil import dependence…While this study examines this issue solely from an American perspective, many of its observations are applicable to other import-dependent nations. Although there is much of value in this report, I wish to challenge its central recommendation on how government should deal with price spikes and physical shortages.

Mr. Market gets it wrong again

Let me take a moment to explain why oil prices reflecting actual market conditions might be important to us. Regardless of whether we are in the Peak Oil Era — we probably are — in 2009, we would like to know at all times what the relative abundance of the Elixir of Life (with respect to demand for it) for Industrial Civilizations is.