OPEC expects demand for oil to “plunge”
“There have been developments (that suggest) that during the second quarter of 2005, demand for oil will plunge,” OPEC President Purnomo Yusgiantoro said without elaborating.
Oil
When the oil runs out
Oil is the sinews of the modern life….
Unfortunately, this valuable substance which has been relatively recently introduced into man’s life is going to be exhausted.
Saudis say they will boost production 37 per cent
The current oil price boom is “significantly” different from the politically driven price spikes of the 1970s, Saudi Arabia’s energy minister said in London yesterday.
Iraq Oil Infrastructure Losing Billions
Between August and October, Iraq lost $7 billion dollars in potential revenues due to sabotage against the country’s oil infrastructure, according to Assem Jihad, spokesman of the Oil Ministry.
Oil pinch threatens to bring changes
If oil production is about to peak, America’s transportation-dependent economy appears
headed for a crippling crisis in coming decades.
Finite fuels threaten life as we know it
If predictions are correct, no future generation will forget 2005 – the year the world began eating into the second half of its oil reserves. Interview with Pr. David Goodstein.
US: Oil still tops for beating the cold
Rather than seeking alternatives to heating with oil — the cost of which has increased by 31 percent — folks this year are finding thrifty, creative ways to keep warm air in and cold air out, area retailers say.
Audio: Geopolitics and Moonshine: Peak Oil and Community Solutions (Part 1)
Second set of audio recordings from the First US Conference on Peak Oil and Community Solutions, this time featuring Pat Murphy on the geopolitics of oil and permaculturist David Blume on home grown ethanol production.
How Long Will Cheap Oil Last?
Some experts express even greater concern and caution that oil may run short much sooner than the IEA forecasts.
Fuelish choices – Expanding hybrid choices can slow slide to oil’s end
In October, International Truck & Engine Corp. announced plans to help build diesel-electric hybrid industrial trucks that consume 40 percent to 60 percent less fuel and release fewer toxic emissions. The upward movement of oil prices at the pump can be explained by a theory called Hubbert’s Peak.
Energy Supply and Pricing for a Sustainable Future
The reality is, that for all the paper wealth being generated by the so-called knowledge-based economy, Canada’s entire post-industrial economy still floats on an ‘old economy’ pool of oil and gas.
All For Oil
The momentous challenge facing the Bush Administration and America is the very real danger to the continuing supply of America’s very lifeblood: oil.
