Pricey Oil’s Path to Your Pocket
Well before crude hits $100 a barrel, retail prices would soar, and stalled consumer spending will likely weigh down the economy (Special report on $100/barrel oil)
Oil
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.
Peak Oil on Public Radio
Low-key interviews with a petroleum geologist and an environmental editor. (Audio)
Gas goes up; thinking cap goes on
Lifestyle changes — including how we drive, where we shop and how we invest — can ease the squeeze as the world’s oil supply shrinks
Experts hear oil depletion fear
The world’s oil reserves are running out much faster than industry and governments are admitting, a conference in Edinburgh has been told.
Analyst fears global oil crisis in three years
One of the world’s leading energy analysts yesterday called for an independent assessment of global oil reserves because he believed that Middle Eastern countries may have far less than officially stated and that oil prices could double to more than $100 a barrel within three years, triggering economic collapse.
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.
Post Carbon Institute Announces New Board of Directors
Post Carbon Institute, a think and action tank that explores what culture, governance, and economies might look like without fossil fuels, announces the formation of its new board of directors.
Earth Day reality check: Depaver Jan’s petroleum tour
We are all on this Petroleum Tour in most ways, every day of our lives. We are oblivious that our daily support system of petroleum props up our lifestyles and survival — or we pretend otherwise.
UK: Fuel protesters picket refinery
Fuel duty campaigners are demonstrating outside a Cheshire oil refinery in protest at high fuel costs.
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
Pipedreams To Prosperity
The Iran-Pakistan-India oil pipeline and its proposed extension to southwestern China will radically transform the relationship between these countries.
