Peak oil review – Nov 5
A weekly roundup of peak oil news, including:
-Oil and the Global Economy
-Sandy’s Aftermath
-The Middle East
-Europe
-Quote of the Week
-The Briefs
A weekly roundup of peak oil news, including:
-Oil and the Global Economy
-Sandy’s Aftermath
-The Middle East
-Europe
-Quote of the Week
-The Briefs
The US Presidential campaign in which the issue of climate change has been avoided for the first time since 1988 got a last minute shake-up this week as the Northeastern seaboard was hit by superstorm Sandy. The storm which also hit the Caribbean and Canada, might just end up forcing the climate issue back onto the political agenda.
A mid weekly update.
*IMF study: Peak oil could do serious damage to the global economy *Weaning America Off Oil *Canada’s New Pipeline Woes *Analysis – Does U.S. shale mean cheap global oil by 2020?
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