No extra oil as Saudis cite full capacity

United States President George W. Bush has failed in his effort to get the Saudi Government to increase oil production in the near term. The Saudi Government has said there is nothing it can do because its production is already at or near full capacity, and that the long-term solution to the oil price problem is for the US to increase its investment in refining capacity.

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