Oil prices confound experts
Latest figures from the oil industry have confounded expert predictions of a price fall in the last two months. As prices have remained above $50 a barrel, Opec’s statements in particular have come under close scrutiny.
Oil
The Mitigation of the Peaking of World Oil Production
Startling press release regarding a recently completed study of oil peak responses. Full report not yet received, but apparently claims all alternatives are incapable of meeting demand in the short term and argues that efficiency measures and drastic scaling up of production of substitute fuels is required.
The next big race: after nuclear arms, is energy next?
…the nuclear arms race was a lot more straightforward than its emerging post-Cold War successor: the energy race. It’s a similarly brutal zero-sum game, but one characterized by an ever-shifting web of opportunistic, cross-cutting allegiances that make the nuclear world order appear pleasantly tidy and predictable by comparison.
Power = Power
…the global oil peak implies that all the nations of the world will have less total energy to divvy up. I just don’t see where the United States is in a particularly favorable position on this. Have you heard of any plans to reduce our extreme dependence on cars? …Are we going to subcontract the Jolly Green Giant to go around America moving things closer together so we don’t have to burn so much gasoline?
Ukraine, Georgia agrees to reverse oil flow
The prime ministers of Ukraine and Georgia said Monday that the flow of oil in a key Ukrainian pipeline would be reversed, a decision certain to complicate the two former Soviet republics’ already tense relations with Russia.
2005 oil outlook: Is this the year when demand outstrips supply?
What was the biggest oil story in 2004? I posed this question to all the Simmons & Company oil experts this year. Oil prices in 2004 were on almost everyone’s list. Even “Peak Oil” got votes – a topic that received more media attention, during 2004, by a substantial margin than ever before.
China’s Oil Diplomacy in Latin America
Latin America is becoming a rich destination for China in its global quest for energy, with the Chinese quickly signing accords with Venezuela, investing in largely untapped markets like Peru and exploring possibilities in Bolivia and Colombia, and especially Venezuela.
Oil price surge defies forecasters
As crude-oil futures climbed above $51 a barrel this week, analysts threw up their hands and wondered why.
Is the US Economy Really Less Vulnerable to Oil Prices?
The energy-to-GDP ratio is a convenient catch-all for measuring energy usage. But as is the case with many aggregate measures of economic performance, the cost of simplicity is high.
Filmmaker says rude awakening about oil is coming
Canadian filmmaker Greg Greene has oil depletion on his mind and has made it his mission to spread the news of something that he and others think may be the biggest and most under-reported story around.
OPEC Member Burdened by High Oil Prices
What’s good for OPEC is no longer good for one of its smallest members and its only representative from Asia. While most oil ministers, from Saudi Arabia to Venezuela to Libya, say high prices are here to stay, one oil minister may be trying to talk prices down.
The Good Oil
Is the world running out of oil, and if so what does it mean? Meet Kenneth S. Deffeyes, author of Hubbert’s Peak, and Peter R. Odell, author of Why Carbon Fuels Will Dominate the 21st Century’s Global Energy Economy.
