Insight and inspiration in turbulent times.
The world will have to suffer a deep economic downturn before serious attempts are made to kick the oil habit, according to Robin West, chairman of PFC Energy, the Washington-based oil consultancy.
There will probably be a sizeable increase in world oil production in 2008-2009, but the addition will likely be considerably lower than the EIA’s “best case” estimate. The non-OPEC outlook looks bleak thereafter. These are the good years.
Paul Krugman: Feeling a bit peaked
Interview with A Crude Awakening director
The Oil Drum: Leaders ignore the signal of $100 oil
Exxon struggling to replace reserves
How will young people deal with the next “Great Depression”?
Future oil wars made fun (video game)
Superiority of pragmatists over idealists
Wood makes a comeback
Turning a greenhouse gas into gasoline
Mike Huckabee on biofuels
Research on the Web (tips from top blogger)
Manufacturing uncertainty, undermining science
An executive summary of weekly news from a peak oil perspective, featuring:
– Production and prices
– CERAWeek — The Hess heresy
– CERAWeek — Much to think about
– Citibank contemplates oil depletion
– Changing views of the recession forecast
– Exxon versus Venezuela
– Energy briefs
Also, A 10-year retrospective on oil predictions
Steve LeVine: the end of Big Oil
How Big Oil could help on climate change in Iraq
Where is all the oil money going? (a look at Dubai)
Those knowledgeable about Iraq say the country is now flaring 600 million cubic feet per day of natural gas. It’s wasting fuel and releasing millions of tons of carbon dioxide into the atmosphere annually.
New comprehensive ODAC newsletter
Hess chief: action needed to avoid oil crisis
Crunch time for Mexican oil
Bartlett attacks U.S. energy research budget as “business as usual”
The Oil Drum: World oil forecasts
Quick hits from CERA’s oil day
Mankind can’t afford more oil drilling -Ex-BP exec
CERA: Aramco chief calls for energy planning, cooperation
Top oil firms spend more but get less crude
France wants global oil tax
The long-delayed Iranian Oil Bourse (IOB) will start operations on Sunday, the official Iranian news agency IRNA said, citing the country’s oil minister. (Articles in the press)
Global warming gets less debate than future of oil
Investors: Don’t blame us for high oil prices
Oil execs: Crisis coming, but not because of scarcity
Conference covers climate, housing woes
