Secret US plans for Iraq’s oil
The Bush administration made plans for war and for Iraq’s oil before the 9/11 attacks, sparking a policy battle between neo-cons and Big Oil, BBC’s Newsnight has revealed.
Oil
The ABC of oil
The Government still has a small window of opportunity to reduce New Zealand’s dependence on oil before price rises really start to hurt.
High oil price not due to hedge funds, traders-EIA
As U.S. crude oil prices soared past $56 a barrel to an all-time high on Wednesday, the government said that hedge funds and speculative traders were not to blame for rising crude costs.
OPEC Agrees to Raise Production, Seeking to End Oil-Price Rally
The Organization of Petroleum Exporting Countries agreed to increase production for the fourth time in less than a year. “What will happen after the OPEC meeting is that they will all be producing at capacity,” said Kenneth Deffeyes
Venezuela: Bush’s next oil war?
The combination of Washington’s isolation in Latin America and its need for Venezuelan oil is likely to keep at bay the threat of a direct military attack by the US, but it is also clear the Bush administration is preparing the ground for an attack of some sort against the Chavez government.
Full steam ahead for BC offshore oil drilling
No voices of caution or reason were invited to a $500-a-head meeting of government and energy industry leaders licking their chops and gripping their forks as they gaze out over the beautiful British Columbia coastline
For OPEC, Iran talks are a first in 34 years
The gathering in Iran is a testimony to a consensus that has shaped a rare unity among the Gulf oil producers in the cartel over the past five years. This rapprochement helped set in motion the group’s most successful period since its creation in 1960.
Running on empty
The leading energy analysts who foretold Enron’s demise have an alarming new claim: The world’s major oil companies are almost tapped out.
Peak Oil Presentation in the US Congress
Conservative Congressman Roscoe Bartlett, Chairman of the Projection Forces Subcommittee of the Armed Services Committee, gave an hour long presentation on Peak Oil to the US Congress on Monday. This is the full transcript.
The Long Fingers of Petroleum
When you finally realize how pervasive oil is in our everyday lives, you will begin to understand exactly how much the human race must change in order to do without it.
Oil could gush to $100
That’s the view from analysts who may have considered that prospect a long shot just a few months ago. And to be sure, some still think that’s a stretch from the current $55 level, short of a major disruption like a terrorist attack.
World’s thirst for oil makes falling output worse
The slower increase in non-Opec supply is boosting demand for the cartel’s oil, reducing Opec’s already low spare capacity, while demand continues to grow.
