United States & Canada – Oct 6

NYT’s Friedman discusses solutions to world’s climate, energy, and population problems (video & transcript)
Politics of drilling, financial bailout heading into elections (video & transcript)
Fukuyama: The Fall of America, Inc.
Ok, Now What?
Atlanta Q&A: Why gasoline supplies went south

Peak oil, bailout bunk, and the coming recession

If, as seems likely, the omnibus financial bailout does little good and the world goes into a prolonged recession, then we probably are on the peak/plateau of world oil production right now. Demand will drop, production will be slowed, and new multi-billion dollar oil projects that are not already well underway will be delayed or cancelled due to lack of demand or capital to pay for them.