Peak oil review – August 4

An executive summary of weekly news from a US peak oil perspective, featuring:
– Production and Prices
– Iran
– Nigeria
– China
– In the Congress
– Energy Briefs

Supplies – July 22

Pemex may drill outside Mexico for first time if reforms fail
Record Iranian output belies oil sector travails
Russia’s Gazprom agrees to develop Iranian oil, gas fields
You say crisis. I say opportunity (Jim Gray of Canadian Hunter Exploration)

Searching the “Panacea Pantry” for a quick fix

Last week a Colorado senator published an article that offered a nuanced take on the prospects for oil shale development. He concluded: “To the boosters who think they have found the answer to our energy crisis, I say: We welcome you to our quest to develop oil shale on a commercial scale. But first let’s put the horse back in front of the cart and all start pulling in the same direction. A reckless approach that heightens the risk of an oil shale bust would only set us back.”