Australia: Peak oil and our government: what energy crisis?
A thorough introduction to fundamentals of significance of oil peak that lets the Howard government off pretty light. Fails to mention Australias own rapid decline from peak of the
Oil
Oil companies impatient for ‘new Iraq’
This is the face of an elite Iraq that few get to see. Foreign companies invite oil officials to neighboring Jordan to cut deals, since it’s considered too dangerous for CEOs to travel to Iraq, ministry officials say privately.
Caspian oil exports heading east
Construction of the Kazakhstan-China pipeline is set to start in March, ushering in an ambitious project that not only will provide a new source of hydrocarbons to the growing Chinese economy, but also will change the oil balance in the region.
Peak Oil and The Sociology of Knowledge
The significance in differences in argument between what Colin Campbell terms the “flat-earth fraternity” and Peak Oil theorists is profound.
IEA: Oil Demand Growing Faster than Supply
In its monthly Oil Market Report, the IEA again revised upward its estimate for growth in global oil demand, while noting that oil supply dropped in January.
Oil and Money in western society
There is no known substitute for oil. It is a magnificent gift — something for nothing, which is why we take it for granted.
Investment: Curves, Peaks and Dips
‘Hubbert’s Curve’ is NOT part of the female anatomy… But it is, nevertheless, a thing of beauty to long-term crude oil investors. Here’s how you profit – including three specific guidelines for crude oil speculators…
What will the rest of the world do if Saudi oil runs out early?
When the world wants guidance on monetary policy it turns to the Federal Reserve. When it comes to oil only one institution can be seen as the “central bank” of crude – Saudi Arabia.
BP opens the coffers as profits soar
BP OPENED its coffers to investors yesterday, promising a step change in the level of the dividend payout. But even as it revealed record profits of $16.2 billion (£8.7 billion), the oil company admitted that it had failed to replace fully the four million barrels of oil and gas that it pumped out of the ground each day last year.
Stepping back from the brink -some sanity at last
Readers should have no delusions about the state of New Zealand; it is being driven off the energy cliff in an orgy of consumption.
The End of The Oil Standard
Few commentators have recognized the significance of OPEC’s January 30 decision to temporarily suspend their price band mechanism. If the suspension is indeed temporary, it may not be that important. If it isn’t, there are some interesting parallels to the suspension of the U.S. gold standard in 1968 to 1971.
OPEC oil output drops gradually in January
Crude-oil production by the Organization of Petroleum Exporting Countries (OPEC) fell 1.2 per cent in January, led by declines in Iraq and Saudi Arabia, a Bloomberg survey showed.
