Geopolitics – Feb 8

Internet interruption in the Middle East looks fishy (Iran oil bourse)
Spying against oil-rich Norway
Gazprom: gas talks with Ukraine end in failure
Chalmers Johnson: Oil wars and overreach

Venezuela’s U.S. assets too hard to freeze: Exxon
Oil resources at stake in Chad conflict

Peak oil – Feb 8

Oil sector’s problem replacing reserves could worsen
Big picture Russia: oil production & taxes
CERA oil conference: the $22 trillion question
Deffeyes: the second Great Depression
Gail Tverberg’s PO tutorial (part 2)
Keeping the oil flowing

Sheryl Crow’s apocalyptic peak oil song

Group bets $100,000 against CERA supply forecast

A group of businessmen and energy experts who believe that global oil production will soon peak, plateau and decline has issued a $100,000 wager to Cambridge Energy Research Associates (CERA), a prominent oil forecasting think tank. Members of the challenger group also renewed an invitation to hold a public debate on the issue of peak oil with CERA.