ODAC Newsletter – 30 May 2008
A digest of news and commentary from a UK peak oil perspective.
Oil
Australian EB editor on oil, the economy and the future
The popular online politics magazine, Crikey, grilled Adam Grubb, the Australian editor of Energy Bulletin, about oil futures.
“Peak oil and climate change present us with an unprecedented challenge: how to begin consuming radically less fossil fuels while maintaining dignified lifestyles and essential services.”
Peak oil auf Deutsch – May 30
Media and public opinion in Germany reached a turning point on May 21 when the Energy Watch Group presented its report „Global Oil Supply“ study in Berlin’s main press center. The report stated: “Peak oil ist jetzt” (Peak oil is now). In German:
Zukunft der weltweiten Erdölversorgung (EWG)
Immer neue Preisschocks (+ Fatih Birol interview)
Daniel Yergin: Ă–l am Wendepunkt
Airbus-Chef warnt vor Kollaps der Luftfahrtindustrie
ASPO-Switzerland (English)
Peak oil – May 30
Oil Exporters unable to keep up with demand
Global demand squeezing natural gas supply
The Economist: “Peak oil” or a speculative bubble? Neither, really
Beware the hunt for scapegoats
Dr. David Goodstein calls for “Manhattan Project”-level research on green energy
Reuters: Peak oil: Fact or fallacy
Peak oil protest in Adelaide
Who still thinks oil prices are driven by speculation?
Not Sarkozy. Not Gordon Brown. Not the Wall Street Journal.
Michigan peak oil conference begins today
The conference begins with an introduction by U.S. Congressional Peak Oil Caucus member Vern Ehlers and a keynote by Dr. David Goodstein, author of Out of Gas: The End of the Age of Oil.
United Kingdom – May 29
Gordon Brown urges increased oil supply
Strahan: Brown doesn’t get the oil crisis
UK cuts taxes on oil fields, opens areas to development
National Grid blamed for UK power cuts
Fuel protest: lorry drivers flex their muscles
Oil industry – May 29
Exxon to cut funding to climate change denial groups
Exxon’s Texas-size war chest
For Big Oil, does the future look too much like the past?
Peak oil notes
A mid-week update on peak oil, featuring:
– Prices and consumption
– Europe
– India
The peak oil crisis: speculation, subsidies & megacities
Those living in the world’s new mega- and hypercities are going to have a far tougher time. Oil has built these monstrosities where 100s of millions will be trapped without direct access to food supplies and cooking fuel. Someday, the historians will note that the collapse of many megacities was among the first real tragedies of peak oil.
Why the flare-up in oil prices? – May 29
The Oil Drum
Ralph Nader
Wharton School professors
Andrew Leonard at Salon (new)
Cutting fuel subsidies – May 29
Cutting fuel subsidies will decrease oil demand
Asian countries begin to burst the oil bubble
Crude prices may have peaked but developing countries hold the key
