The elephant of all elephants – history & geology of Saudi Arabia’s Ghawar Field
Among the many prolific oil fields in the Middle East, the giant Ghawar field in Saudi Arabia stands out as the crown jewel.
Oil
Conoco deals ANWR drilling a blow
ConocoPhillips’ decision to bow out of a lobbying group focused on opening up the Arctic National Wildlife Refuge to drilling means that two of the largest operators on Alaska’s North Slope are no longer actively advocating exploration in the refuge.
Peak Oil?
Long discussion of oil fundamentals, particularly the complexity & dynamics of markets, followed by superficial look at likelihood of production peak and potential of alternatives.
Saudi supply demanding attention
When OPEC kingpin Saudi Arabia recently announced a production increase, there was scant mention the increase was mostly in the form of low quality crude rather than sweet.
Taking a peak
Concern over world’s oil supply fuels discussion over alternatives, technology
Hostage to oil
World supply is so precious that more price spikes are inevitable …”The first message American consumers need to hear,” says A. G. Edwards’s O’Grady, “[is] if you think the price of oil and gasoline has been volatile, you ain’t seen nothin’ yet.” (Excellent article)
Scania presentation includes Peak Oil
Scania, the Swedish truck manufacturer, recently made a presentation at the Tokyo Motor Show. It includes the Peak Oil prediction from ASPO, and talks about the need to reduce fuel consumption and look at biofuels.
Russia greenlights pipeline to Pacific, hints China may get Yukos assets stake
Russia said Friday it had ordered the construction of an oil pipeline from its huge Siberian oilfields to the Pacific Ocean opposite Japan, in a move to boost export opportunities throughout East Asia and to the United States.
Richard Heinberg at Peak Oil Conference in Santa Barbara
Heinberg speaks on Peak Oil and other threats to industrial society, the universal ecological dilemma, and coordinated and cooperative responses to our predicament. (2-hour audio)
This can’t go on forever – so it won’t
Global economic forecasters tend to be upbeat. But not this year…The biggest global economic uncertainty is the price of oil.
China’s oil sands role tests U.S.
Chinese demand for the Alberta oil sands — the second largest reserve of crude on the planet — puts the United States in the difficult position of balancing its commitment to open markets with its desire for secure supplies of energy, says Alberta’s new envoy to Washington.
Peak Oil: Current Situation & 2005 Projections
So it appears that we may have reached an energy breather. Soft prices will be welcomed most graciously by those in denial of peak oil. Yet this will also give those of us who are aware a chance to prepare – perhaps our last chance before the roller coaster dives down the declining slope of production, carrying all in it.
