Peak oil review – Feb 9
A weekly review including:
– Production and Prices
– The Eventual Rebound
– Venezuela
– Briefs
A weekly review including:
– Production and Prices
– The Eventual Rebound
– Venezuela
– Briefs
Exxon: Juggernaut or Dinosaur?
Time to toll the warning bells
Utilities Turn Their Customers Green, With Envy
Dark Days for Green Energy
Wyoming wind power
Mark Rodgers talks about the Cape wind off-shore wind project
A standard story is making the rounds which goes like this: low prices and lack of investment will impair future oil production capacity. When the global economy rebounds, which could happen as early as 2010, oil prices will shoot up again as demand once again outstrips available supply.
Can We Transform the Auto-Industrial Society?
Kunstler’s Road Trip
What Obama Must Do On the Road to Copenhagen
A weekly review, including:
– Production and Prices
– Obama’s stimulus
– Venezuela
– Briefs
Natural Gas Glut Could Hit US
Oil Sector Braces For Wider Fallout Of Low Crude Price
Oil players stockpile cheap crude on tankers
Endangered Electricity System: The Potential of Microgrids
Riot? If I were 20 years younger I would take to the streets
Thousands protest across Russia
Greek Farmers Clash With Riot Police
One promising sign of a bottom to oil prices is the move by oil companies and Wall Street firms to secure tankers in which to store oil in order to play the contango in the oil market. By leasing a tanker and filling it with oil purchased at the current low price while simultaneously selling it on the futures market for delivery later this year at a significantly higher price, they can generate considerable profit–enough to pay for the costs of storage on the high seas and take home handsome paychecks to boot.
A weekly round-up from a UK perspective.
Roubini on peak oil
Canadian farm energy study acknowledges peak oil
Oil Rises, Oil Falls – The History of Oil Meets the Perfect Energy Trifecta
Global energy investment hit by financial crisis
Deflation, Reflation and Our Oil Future
The issue of planning for and administering fuel emergencies is complex and multi-layered, involving a range of commercial interests, government agencies and a tangle of legislation, policies and jurisdictions, one of the largest and most influential of which is the International Energy Agency, an autonomous body within the framework of the OECD.