US oil companies finding more oil in old fields

If the peak theory proves true, the intersection between rising worldwide demand and a decline in world production would likely drive prices much higher, giving drillers even more incentive to go after every last drop of oil they can find in old fields as well as new ones. (Texas oil man Jim Baldauf, co-founder of ASPO-USA, is interviewed.)

Peak oil and prices – Aug 17

Jeff Vail: Theory of disruptions to oil & resource supply
Al Franken touts energy proposals
Calif Atty General Jerry Brown: Ignore peak oil and be caught with your pants down
Bull on energy, a bear on nearly everything else: Eric Sprott
Murti’s detractors eat crow
WaPo: Prices driving increased extraction
Why does abiotic oil theory ignite peak oil theorists’ fulminations?

United States – Aug 17

Friedman on McCain & renewables: 8 strikes and you’re out
Colbert on offshore drilling
Raleigh county mountain at center of coal vs. wind debate
Beware the energy hot air (the Pickens plan)
Woolsey on T Boone Pickens
API: Oil demand at 5-year low
Windfall tax lets Alaska rake in billions from Big Oil
Do it ALL for energy?