Insight and inspiration in turbulent times.
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
Gail Tverberg: Peak oil overview
Nate Hagens: Peak oil – whom to believe?
Sharon Astyk: Peak energy overview
Energy Bulletin: Peak oil primer
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)
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
Road policy oil assumptions attacked ($70 a barrel in 2020!)
Put UK airport expansion on hold, demands green group
Erosion of Britain’s peatlands
Late-breaking developments:
– Prices
– The International Energy Agency
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.
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.
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.
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)
Supply worries lift crude to yet another new high
Iraq could have largest oil reserves in the world (??)
Kazakhstan bans export of oil products amid soaring fuel costs
Skewed expectations, for both oil and the economy as a whole, will eventually lead us down the garden path to ruin. … All bogus numbers, whether they come from the EIA or the Bureau of Labor Statistics, are part and parcel of attempts to manage our behavior to keep the growth party going.
