Insight and inspiration in turbulent times.
McCain finds no ‘virtue’ in U.S. oil policies
Bush calls for end to ban on offshore oil drilling
Obama on oil drilling: ‘Not a long-term solution’
John McCain’s oil scam
How to enter the global green economy
Internet purchases shouldn’t be subsidized
A Bull Market Sees the Worst in Speculators
Action against oil speculators could backfire
If a Hurricane Strikes
Out Of Control(s)- China’s energy subsidies
Eliminating Subsidies Won’t Cut It (Demand for Oil That Is)
Can We Have Rationing Now Please? (David Fleming interview)
BP Statistical Review of World Energy 2008
Interview: Jerre Stead, chief executive of IHS Inc. (CERA’s parent)
With oil skyrocketing, companies squeeze every ounce out of Bay area wells (Mich)
Exxon to exit U.S. retail gas business
Reuters Industry Summit: global energy
US coal lobbyists unveil nightmarish vision of life after cap-and-trade
Dakota oil fields of Saudi-sized reserves make farmers drillers
TOD:
Predictions for Canada’s natural gas production
Gail Tverberg on US natural gas: Lessons from BP’s Tight Gas Facility in Wamsutter WY
Americans are easily misled about domestic “supply-side” solutions to rising oil prices and dwindling global exports. Their confusion is understandable. Oil company executives like Shell’s John Hofmeister have called for opening up now restricted areas in Alaska or on the outer continental shelves, implying that salvation is only a few oil wells away.
Exxon to cut funding to climate change denial groups
Exxon’s Texas-size war chest
For Big Oil, does the future look too much like the past?
Rockefellers seek change at Exxon
Rare peek inside our Fort Knox of black gold
Senators question top oil execs (video)
Utah climate report adds more gloom
Midwest’s message: Hands off our lakes
As Americans become more desperate for oil, I expect that ANWR and offshore areas will be opened for oil development. It will be like burning the furniture to keep the house warm in mid-January. It will be a desperate move that won’t result in much.
Crude oil rises a second day on Nigeria attack, Mexico output
Commodity prices soar,
but are they in a bubble?
George Soros: rocketing oil price is a bubble
Saudi Khursaniyah oilfield not pumping yet – Aramco
Are speculators fueling oil run-up?
Speculators draw the heat
Controversial theory: traders to blame
Oil insiders say investors driving up prices
Oil trade’s winners now reap the wrath
Stating that above-ground factors are limiting oil supply is not merely an observation. Rather, it is part of a propaganda strategy supporting a policy agenda which almost certainly reflects the views of CERA’s clients, many of whom are major oil producers.
For many it comes as a shock that Big Oil has transformed into the ”five little brothers”. Today, the world’s seven largest oil companies are completely outside the control of the U.S. Senate.
