Will oil strike $380 a barrel by 2015?
A report prepared by energy economists at the French investment bank Ixis-CIB has warned crude oil prices could touch $380 a barrel by 2015.
Oil
What’s the Real Price of Gas? (Interview with Michael Klare)
KLARE: …in 30 or 40 years, oil may be gone entirely and we have plenty of time to worry about that. But sooner than then… oil is not going to be as available as it used to be in the past. …the hardships from declining oil are with us now and they’re only going to get worse.
Out to shock the world over Saudi reserves
George Bush’s energy adviser Matt Simmons claims the global economy has misjudged oil supply. (Article on Matt Simmons)
Expect oil at $150 in a decade, Soros colleague warns
“If you think the price of oil is going to $32 and staying there, let me know where the oil is coming from. I expect the price will be $100–$150 within the decade, and the bull run in commodities will come to an end when it reaches $110.” …alternative sources of energy “cannot happen fast enough,” said [Jim Rogers, co-founder with George Soros of the Quantum Fund].
Audio: Utopia by Necessity featuring Julian Darley and Charles Stevens
A two hour radio show featuring an interview with Julian Darley of the Post Carbon Institute and a presentation on the ‘New Agrarianism’ from the First National Conference on Peak Oil and Community Solutions by Charles Stevens.
Experts highlight oil supply problems
A conference on oil supply difficulties just held in Edinburgh, Scotland, witnessed a lively a debate about supply and demand in energy markets.
The Politics of Peak Oil and Fascism
At the recent “Peak Oil UK” conference in Edinburgh, Scotland, one attendee stood out from the usual peak oil crowd: Nick Griffin, chairman of the far-right British National Party.
Bush Is Blowing Smoke on Energy (Commentary)
Hitting all the points in a noted GOP pollster’s playbook, the President’s plan is driven by politics not policy. Worse, it won’t cut oil dependency.
A Community Solution to Peak Oil: An interview with Megan Quinn
Megan Quinn is the Outreach Director of Community Service, Inc. Community Service is a non-profit organization founded in 1940 that has advocated for small, local communities as the most fulfilling, healthy way to live. Its lastest program, The Community Solution, seeks to bring about the re-emergence of the small community and a more agrarian, low energy-use way of life, as the solution for “Peak Oil.”
Richard Heinberg on megaprojects update
Can the world’s new oil projects match demand? Richard Heinberg comments on Skrebowski’s latest Oilfields Megaprojects Report and its implications for local and global security (or lack of it) and discusses the need for relocalization.
Timing is everything
There were two possibly significant energy events yesterday, Crown Prince Abdullah’s trip to Texas, and The Oil Depletion Conference in Scotland. Unfortunately it does not appear as though much that was new transpired at either.
Production theory could make $100 oil a reality
…Mr. Groppe is not so much a fan of such history as a witness to it. He is 79, landed in the oil and petrochemicals industry in 1946 and became an oil consultant in 1955… That probably makes him the oldest active oil guru in the United States. The man knows a thing or two about oil production and prices and what he will tell you in his charming Texas drawl isn’t pretty: The “peak oil” theory is no theory, son — it’s happening.
