Oil

Peak oil – Nov 5

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IEA report underlines long term supply side challenge for oil markets
Peak oil at William & Mary
ASPO-USA conference DVDs now available
Oil up nearly 11 percent on Saudi supply cuts; yesterday down 6 percent

A proposal for transition to a sustainable economy

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The following is proposed as a preliminary plan for discussion amongst all those who are willing to acknowledge the reality of our predicament, think beyond the paradigm of the current system, and rationally discuss the fundamental reforms required to avoid catastrophe.

Peak oil – Nov 4

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UK industry taskforce sounds alarm on peak oil
Supply worries persist in oil market, just not now
So *this* is what Peak Oil looks like
China’s Oil Reserve Forecast and Analysis Based on Peak Oil Models

Doing the numbers: what you need to know about oil depletion

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I looked at the scale of the problem, and I looked at our response (not much so far), and I came, broadly, to this conclusion. We might screw it up. Oh, it is possible that I’m underestimating human ingenuity, and that we’ll do everything right. On the other hand, it seemed like having some kind of contingency plan for a scenario in which we did not replace all our energy infrastructure rapidly, where we did face tight supplies, volatile prices and perhaps an economic depression, in part created by our situation was a good idea. … And I have to say, learning that [the IEA estimated] the decline rate is 9.1% makes me feel that my strategy has mostly been the right one. Because that’s a huge and shocking number.