Oil and economy – Jan 18
Petrol in Venezuela ‘almost free’
Probability of US recession growing: energy secretary
Oil falls again on signs US is in recession
Oil
A shell game of coal dust and green olympics
China has leapfrogged to where we in the West will be within a decade: using coal to power our economies and cities as conventional worldwide oil production continues to decline.
Peak oil – Jan 17
BP says world oil demand to peak
Benchmarks mark our likely advance to PO
Astyk: Making the case for PO and climate change
Kunstler and Kathy McMahon of PeakOilBlues
CERA says global 4.5% decline rate means no near-term peak
“Some of the more gloomy, pessimistic ‘peak oil’ views about the future of oil supplies result from an assumption of high decline rates. This new analysis provides the basis for more confidence about the future availability of oil.”
The peak oil hometeam – Jan 16
Robert Ebersole (“oilman bob” of TOD) passes on
How peak oil changed my life
Quebec group: Peak oil, peak phosphorus and sustainability
Kunstler and Greer in adult education
Australian Greens Senators on peak oil
Energy debate in Switzerland – the civilized approach
United States – Jan 16
Americans cut back sharply on spending
Saudis balk at Bush’s oil advice
James Woolsey’s satire on why oil is so pricey
Prospects for China
China has an exquisite dilemma. If they allow their economy to expand too rapidly, and pay any price—they can obviously afford it—for additional imported oil while continuing to support domestic price ceilings, they will help push world oil and gasoline prices so high that they will harm their customers, driving down demand for their exports.
President Bush questions Saudi ability to raise oil supply
A statement last night by President Bush raises questions about the reasonableness of future world oil production estimates by EIA and IEA: “If [the Saudis] don’t have a lot of additional oil to put on the market, it is hard to ask somebody to do something they may not be able to do.”
The dislodging of another leg from Western primacy
The western oil companies that have swaggered their way through the halls of power since the beginning of the last century are losing out to Aramco, Gazprom, PetroChina, and so on. Now another underpinning of Western primacy in the world — global finance — is going the same way.
Peak oil – Jan 15
Indonesia: No longer an oil exporter
Total CEO: Near peak
Simmons: $100 oil “pretty cheap”
Simmons interview
Economist predicts $1.50 a litre for gasoline
Peak Oil Review – January 14th, 2008
An executive summary of weekly news from a peak oil perspective, featuring:
– Production and Prices
– The Economic Slowdown
– Troubles in Central Africa
– Electricity Shortages
– Energy Briefs
General Motors CEO: oil has peaked
The world’s biggest car maker, General Motors, believes the global oil supply has peaked and a switch to electric cars is inevitable.
