Peak oil notes
Late-breaking developments:
– Prices
– The International Energy Agency
Oil
Oil the news oil the time
It is going to become increasingly hard to avoid energy headlines in general, as the topic finally becomes, as some of us have predicted for a while, the defining one of our epoch.
The peak oil crisis: The Secretary of Transition
As gasoline prices go higher and higher and as the polls show voters more and more concerned about how they are going to fill their tanks, the Congress is starting to stir.
Peak oil acceptance on its way in financial markets
Financial markets had not reflected peak oil in crude oil forward prices. In the past week the long end of the curve has drifted up dramatically.
Can we say that the market at last believes in peak oil? This article suggests a quantitative way to answer the question.
Oil bubble? – May 22
Make way for the next market mania
Oil’s no bubble
Oil trading turns contango on its head
James Hamilton: Oil price rise due mainly to fundamentals, not speculation
Economist: Oil – is there a bubble?
Prices & supplies – May 22
Oil rises above $134 on U.S. supply drop, bank price forecasts
An oracle of oil predicts $200-a-barrel (Murti)
Oil for 2016 delivery passes $141
US calls on China to join global energy group, help stabilize oil markets
Opec defends high prices in face of US legal action
Business Week on oil: Up, up, up
Peak oil primers
Gail Tverberg: Peak oil overview
Nate Hagens: Peak oil – whom to believe?
Sharon Astyk: Peak energy overview
Energy Bulletin: Peak oil primer
Responses – May 22
The changing role of the peak oil-aware
Astyk: So, you’ve just discovered peak oil!
NZ Guide to Surviving the Future 2008
Dangers of focusing solely on climate change (or PO)
Peak oil – May 22
WSJ: Oil monitor to slash estimate of world’s supply of crude (IEA pessimism)
Globe & Mail:
Record oil prices signal ‘new world’
‘Peak oil scenario’ approaching faster than expected
Peak Oil – May 21
U.S. military launches alternate-fuel push (some officers embrace PO planning)
Hirsch on CNBC: PO problem ‘as massive as one can possibly imagine’
Defying the experts
Three raging bulls as oil barrels higher
The Sigmoid Fraud
Blaming OPEC – May 21
House passes bill to sue OPEC over oil prices
OPEC to blame for high oil prices?
Fuelling Brown’s desperate attack on OPEC
Blaming speculators – May 21
Are commodity traders bidding up food, fuel prices?
Are pension funds fueling high oil?
Senate takes on oil, food speculators
Gambling with the futures (primer)
