Insight and inspiration in turbulent times.
In Lisbon, Portugal during May 19-20th 300 people gathered from around the world to discuss the inevitable. The title of the event was the 4th International Workshop on Oil and Gas Depletion. This was a meeting of the Peak Oil community.
The Community Solution examines the impact of Peak Oil on the world economic structure, one built on the confidence in ever-expanding markets fueled by technology, itself fueled by oil.
Day three of a seven day series on Peak Oil by Canada’s Globe and Mail, investigating ‘what awaits the world as the reserves dry up’. Many articles already.
Mr Anderson says the world could reach peak production of oil and gas far sooner than predicted because of the rapid increase in energy demands in China. “We are using stored energy left over from ages gone by at an alarming rate and it isn’t re-making,” he said.
The world’s thirst is not sustainable as experts predict an imminent decline and fall in oil production. In this seven-day series, the Globe investigates what awaits the world as the reserves dry up.
Ed: BIGGEST COVERAGE OF PEAK OIL YET in a mainstream publication. More than a dozen articles appear on the first day of the series.
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.
