Oil

The OPEC bulletin and focus on Angola

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At the moment it seems like everyone wants a piece of Angola. The queue of prominent visitors is long with the USA’s Secretary of State Hillary Clinton at its head. Where it smells of oil one can also find China … The international oil companies are trying to maximize oil flows from Angola’s deep water fields where production is very expensive. This means that production from these fields will lie on a plateau for some years before the usual very rapid decline begins. If we look into the future this will mean that Angola will reach Peak Oil before 2030. According to Colin Campbell they will reach peak production in about 10 years.

Solutions & sustainability – Jan 29

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-Oil Is Too Important To Burn In Cars
-Beyond rhetoric
-three paths to a low-car city
-Saving Sub-Sahara Africa a Drip at a Time
-How Can Haiti Be Sustainable?
-Straw Homes That Would Have Foiled the Wolf

Vision for Sustainability, Resiliency by Post Carbon Institute

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What will we do post growth, post cheap energy, post resource abundance and post climate change? The Post Carbon Institute (PCI) convened its first meeting of Fellows this weekend in Berkeley to address these concerns. Many there and elsewhere have argued that these transformational changes are already becoming evident.

The Peak Oil Crisis: A Meeting in California

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Absent from the meeting was any representation from our political leadership who are currently busy: 1) denying there is a problem; 2) trying to spend our way out of the recession; or 3) simply overcome by the pace of events and do not want to rock the boat by speaking publically on such matters before the next election.

January 2010 US Natural Gas Update

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Natural gas prices continue their recovery. Cold weather has caused high levels of space heating that have resulted in reduced gas storage inventories. Henry Hub spot prices have recovered from their September $2.18 low to an average price of $5.56/MMbtu in the week ending January 22, 2010 (Figure 1). The average daily spot price for 2009 was $3.95/MMbtu…