Insight and inspiration in turbulent times.
Since neither production nor consumption have historically followed a smooth curve – up or down – and since there is an economic interaction between demand, consumption and production, we should expect the peak of consumption to be characterized by a series of alternating cycles. Periods of shortage will be separated by periods of surplus. [Chapters 1 and 2 of Ronald Cooke’s Oil, Jihad and Destiny]
… The requirement is therefore for an Energy “Clearing Union” comprising all market participant constituencies whether producers, consumers or intermediaries, constituted as an “International Energy Trade Association” (“IETA”) and served by a consortium of providers of services such as communications, technology, risk management and so on.
American-backed plans to build a nearly 1,100-mile-long oil pipeline from the Caspian Sea to the Mediterranean are about to go from what skeptics once called a “pipe dream” to a reality.
A critical evaluation of M. King Hubbert and a projection of 2008 as the year of Peak Oil in this confernence paper by Jean Laherrère.
You might think that the last thing on the mind of someone sitting on a newly discovered billion-barrel oil find would be alternative fuels. You would be wrong.
ROME – Italian troops were sent to Iraq to secure oil deals worth 300 billion dollars, and not just for post-war humanitarian purposes, an Italian television report by RAI claimed on Friday.
An hour long Peak Oil radio program featuring ASPO president Kjell Alekett, Blood and Oil author Michael Klare and American Petroleum Institute chief economist, John Felmy.
The Fourth Special Order speech on Peak Oil to the US Congress by Rep. Roscoe Bartlett, accompanied by Rep.’s Ehlers, Gilchrest, Inglis, and Wamp.
US Defence Secretary Donald Rumsfeld visited Azerbaijan (an Asian republic of the former USSR) on April 12th. It became Rumsfeld’s second visit to the republic in four months — that is why it can hardly be treated as a formal visit of no particular importance.
America is over. America is like Wile E. Coyote after he’s run out a few paces past the edge of the cliff – he’ll take a few more steps in midair before he looks down. Then, when he sees that there’s nothing under him, he’ll fall. Many Americans suspect that they’re running on thin air, but they haven’t looked down yet. When they do …
The world is about to face an energy crisis because the demand for oil keeps growing even though production is already at its maximum, Venezuelan President Hugo Chavez said yesterday.
Release of draft report examining global demand and supply balance, Saudi reserves, current production capacity and planned investments, infrastructure security, and Saudi government revenue constraints on infrastructure spending.
