The oil supply tsunami alert

The oil market is vibrating and crude oil prices are bobbing up and down like a float on the water. Around the world experts make analysis and try to explain why. The fact that the price of crude oil is approaching $60 per barrel and the production costs for the same barrel fluctuates between $1 and $10 shows that common economical theories are not valid any longer, something new is in the air and the question is how to interpret today’s vibrations.

The twilight zone

We’ve been warned about ‘peak oil’- the day that heralds the end of cheap energy. It’s the biggest threat to our lives and livelihoods, but no one is listening. Former industry insider Jeremy Leggett outlines the six reasons why we need to act now

Come on in, the quicksand’s fine.

A more obvious example of the Quicksand Effect is the present method of garnering oil by force of arms. This policy burns huge amounts of precious oil, sinking us deeper and ever more rapidly. Why is the US behaving like a dinosaur stuck in a tar pit? The harder we try, the more we sink. The faster we run, the more distant our goal