Insight and inspiration in turbulent times.
“Please God, Just Give Me One More Oil Boom. I Promise Not to Blow It Next Time.” This was a bumper sticker prayer pasted on the rear end of many a vehicle in America’s oil patch back in the 1980s.
(A history of recent oil booms and busts)
India’s Left threatens protest on oil price hike / India and Indonesia react to oil price rises / Eurozone ‘at risk from oil shock’ / US warns China on Iran oil / Is Castro Still Relevant? / Organisers of the UK’s fuel blockade in 2000 warn will act again if tax not cut / The story of a hurricane / Amnesty Accuses Oil Firms of Overriding Human Rights / India’s appetite for energy / US Senate wobbles on gas prices (2) / US economy takes hit / $3.41 / Australia’s retail petrol discount war intensifies
Kjell Aleklett, President of ASPO, scrutinises an article by Dr Luttwak, an internationally recognized authority, consultant to the Office of the Secretary of Defense, the National Security Council, and the U.S. Department of State and member of the National Security Study Group of the U.S. Matt Simmons has also made some comments.
The scenes were heart-wrenching and mind-boggling: an entire modern American metropolis had effectively ceased to exist as an organized society…when it came to reporting on the damage to oil production and refining facilities, most media outlets took at face value the glib and non-specific assurances of the petroleum industry… And all of this is occurring at a time when the global supply of oil is barely able to meet demand…
Weathering the oil storm / GPM interviews Ronald Cooke on US energy policy / ‘You mean we don’t have to pay CERA-Yergin $2500 for 33 pages?’ / The First Disruption / From a future history / Endless Saudi oil: miracle or mirage? / Kunstler – Connect the Dots / ‘Katrina’s aftermath only hints at what will happen when demand for crude outstrips supply’ / NZ When Petrol Hits $2 a Litre / Bainerman on Abiotic oil
The International Energy Agency has warned of a global energy crisis sparked by the damage Hurricane Katrina has inflicted on strategically important oil refineries.
Alarmed by surging oil prices, the government said yesterday it will announce compulsory energy-saving measures that include restrictions and mandatory holidays in the service industries if prices rise further.
A group of 26 countries, including the United States, yesterday agreed to release oil, gasoline or other petroleum products from their emergency reserves in an attempt to bring down soaring prices and avert domestic [US] shortages.
‘IT’S THE END of the world as we know it, and we feel fine.’ Grist.org editors look on the bright side, and name a reform agenda.
Excellent calm take on both pump fright and peak oil from mainstream newspaper columnist. [subscription reqd for full text]
French PM: “We have entered the post-oil era” / Lundin Petroleum CEO “very much believes in the theory of peak oil” / Hurricane Katrina gives us a taste of things to come? / September ASPO Newsletter / Oil and energy on BBC radio / Wind, Water and Oil / Speculative bubble this is not / Future of Energy in the US
Survivors of Katrina are looking around at their flooded world and calling it “our tsunami.”
