Oil

Coal – Dec 21

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Coal poses climate catastrophe as “peak oil” approaches
Coal reserve estimates way too high, says expert
E.P.A. ruling could speed up approval of coal plants
Will ‘peak oil’ spur expanded coal use? And what does it mean for climate?

Peak oil & uranium – Dec 21

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Recession likely to fuel another roller-coaster ride for oil in 2009
Interview: “Myth of the Oil Crisis”
Gwynne Dyer: IEA says peak oil is coming sooner
Peak uranium: What’s going to fuel all those nuclear plants?
Strahan on the London oil summit

The price is not right

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The issue discussed in this essay is whether the price does or does not tell us about Our Oil Future. It does not. We know the $45 oil price is not right as we look down the road to a time when the global economy rises like a Phoenix from the ashes. Because of the nature of oil pricing, I find it likely that we revisit the 2008 nightmare over and over again in future years.