Peak oil review – Oct 29
A weekly roundup of peak oil news, including:
-Oil and the global economy
-The Middle East
-China
-Europe
-Quote of the week
-Briefs
A weekly roundup of peak oil news, including:
-Oil and the global economy
-The Middle East
-China
-Europe
-Quote of the week
-Briefs
Last week’s energy news included a piece from the Associated Press with a headline reading: "U.S. poised to become world’s top oil producer; may soon overtake Saudi Arabia." If the reporter had actually examined figures available from the U.S. Energy Information Administration website carefully instead of simply parroting oil industry sycophants, he would have ended up with a headline more like this: "Marginal gains in U.S. oil production mean continuing high prices and imports for Americans."
BP took a gamble this week, entering into partnership with the Russian state backed energy company Rosneft. The deal frees the company from a stormy relationship with its oligarch partners at TNK BP. At the same time, it effectively makes BP business partners with the Kremlin…
*Insight: Is Ohio’s "secret" energy boom going bust?
*Russia Off Limits to Big Oil After BP Wins Putin Approval
*Delta Boys: Powerful Documentary Chronicles Niger Delta Oil Struggle
*Whistleblower forced investigation of TransCanada Pipelines
*Aging Pipeline Poses Threat to Great Lakes, Report Says
*Enbridge, B.C. pipeline spat gains new traction
A weekly review including:
-Oil and the Global Economy
-The Middle East
-The EU’s Crisis
-China
-Quote of the Week
-The Briefs
-Commentary
Oil prices remained steady this week as the closure of the Keystone pipeline in the US to address possible safety issues balanced bearish news on the Chinese economy. Beijing reported that Q3 saw growth slow to 7.4%, compared to the same period last year.
A midweek roundup of peak oil news, including:
-Developments this week
-How To Destroy Rivers Communities Softly, Softly
-Nigeria oil spills: Shell rejects liability claim
-Top Kill [Afternoon Drama]
-Invasion of Iraq causes epidemic of birth defects
-Ecuador Oil Pollution Case Only Grows Murkier
-Richmond Refinery Fire Unites Communities Divided
An analysis of Leonardo Maugeri’s optimistic forecasts on oil production, which have been trumpeted in the media.
Jean Laherrère, a retired petroleum engineer, worked 37 years for TOTAL on exploration and production of oil and gas.
Post Carbon Senior Fellow Richard Heinberg took his challenging and compelling messages on resilience, sustainability and a healthy future to Auckland, New Zealand. He asked and answered some of the most challenging questions we face today.
A weekly review including:
-Oil and the Global Economy
-The Middle East
-IEA Reports
-Fuel Prices
-Quote of the Week
-The Briefs