Insight and inspiration in turbulent times.
The downside consequences [of a large reduction in oil supplies] are possibly civilization-wrecking, while the benefits of the upside can be broadly characterized as nothing more than allowing business as usual to proceed.
The peak in U.S. oil production has already produced some very profound changes in our world.
An executive summary of weekly news from a peak oil perspective.
Gas prices: Worse than ’81 oil shock
Senate hearings on oil and gas: We may have a problem
Asphalt prices pave way for higher costs
Detroit News: Raise gas tax by $1 to reduce oil appetite
Letter to Science: When the oil supply runs out
Variety reviews The 11th Hour
Interview with maker of Crude – the incredible journey of oil
New PO newsletter from NL: Oilwatch Monthly
ODAC News
Author Greg Pahl: Peak oil will force changes
Robert Baer: Who is stealing Iraq’s oil?
Saboteurs have upper hand in an endless war, says Iraq’s oil minister
Ahmadinejad’s answer to Iran’s petrol consumption
Untapped: The Scramble for Africa’s Oil
What Stern got wrong (ignoring peak oil)
Tool for understanding gas prices: This Week in Petroleum
Exxon’s risk-averse stock-buyback strategy is the new profit model
Peak oil now? New data leads to speculation
Using a correct interpretation of PetroChina’s reserves numbers, Sandrea’s production model provides ballpark estimates that moderate the hyperbole accompanying the Jidong discovery. Think of it this way: suppose you are doing your laundry and you find a $20 bill in your pants pocket. Even if you are thousands of dollars in debt, how would this lucky find make you feel? At that moment, you would feel good!
EconBrowser: “If Saudi production is permanently on the way down, we have just entered a new phase of history.”
Swiss researcher: Ecological footprint, energy consumption, and the looming collapse
Australian peak oil news and more
ODAC News – May 16
When respected analysts say our gasoline situation is beyond the tipping point and that at least some of us are likely to be sitting in gas lines before Labor Day, we should heed the warning.
Turkmenistan’s natural gas: mixed blessing
Kuwait’s oil minister and downgrading reserves
AAPG oil reserves conference- How much is left?
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