China’s crude oil output to peak at 200 million tonnes in 2015
China’s crude oil output will peak at 200 million tonnes annually in a decade, but even that will be far from enough to cover the country’s voracious energy needs, state media said.
Oil
China rocks the geopolitical boat
Billed as the “deal of century” by various commentators, a mega-gas deal between Beijing and Tehran is likely to increase by another $50 billion to $100 billion, bringing the total close to $200 billion, when a similar oil agreement, currently being negotiated, is inked not too far from now.
Electronic Voting: The Stolen Election of 2004
Using a variety of criminal methods that they have perfected over the past four years, the George W. Bush-Dick Cheney-Karl Rove syndicate stole another election, and extended their illegal occupation of the White House. (Mentions peak oil.)
What happens in Nigeria when the oil wells run dry?
Could you imagine what would have been (or would be) of Nigeria without its crude oil revenue? Chad or Niger would seem like paradise.
New Flash Animation on Peak Oil
PowerSwitch.org.uk has just released a Flash presentation introducing oil depletion.
Sound Energy Governance: A New Era of Oil Transparency
Proposal by oil analyst Matthew Simmons to improve the transparency of oil field production and reserves: “Estimating future supplies and Peak Oil will be achievable based on factual data.” (Slide presentation)
Crude futures fall after supplies up
Crude oil futures fell after a US Energy Department report showed rising imports boosted inventories by three times the amount analysts forecast. But “it would be very dangerous not to keep filling the reserve,” said Kjell Aleklett, president of Uppsala, Sweden-based Association for the Study of Peak Oil & Gas, an energy researcher.
A Black Day
“All this comes at a time when we are entering the age of peak oil and the onset of global warming, a moment in history that would require a firm, fair and judicious hand to bring us through a difficult transition. Instead we will have the most extreme, ruthless and irresponsible leadership to drive us into uncharted territory.”
Hello: You Are Now Living In A Fascist Empire.
What few people in America understand, despite the astute observations of millions of individuals around the world, is that we are living in an empire, and we are no longer living in a democracy. As citizens living in the belly of the beast, we must not only think about how to defeat the empire, but also how to merely survive living within it. In order to do so, one must understand the concept of Peak Oil.
The Mideast ‘bomb’ no one talks about
In a few decades, many OPEC nations in the Middle East will have such large populations that they could end up consuming much or all of the energy they now export, suggests Matthew Simmons, an oil consultant in Houston.
$80 Oil, Here We Come!!!
In this issue, I will examine several of the reasons why the price of oil will not significantly pull back from today’s levels and is likely to reach the $80 mark within the next 24 months.
Oil and NZ’s Department of Economic Mythology
A key assumption held by New Zealand’s Ministry of Economic Development (MED) covering the period between 2000 to 2025 is that oil prices will rise from US$20/bbl in 2000 to US$25 a barrel by 2020 and remain constant thereafter.
