China set to buy Canadian
China’s Communist rulers have a blunt message for anyone who frets about the planned Chinese takeover of Canada’s biggest mining company: Get ready for more to come.
Oil
NZ Greens query oil price forecasts
The Green Party’s two co-leaders grilled [New Zealand] Government officials yesterday about grossly inaccurate forecasts made last October about future oil prices.
The End of Suburbia DVDs for Soldiers
Cheap versions of the “The End of Suburbia: Oil Depletion and The Collapse of The American Dream” are now available to anyone wishing to send it to an active soldier.
New Peak Oil Booklet
Mike Tooke of PowerSwitch.org.uk has produced an informative 20 page booklet introducing the topic of peak oil which can be downloaded for free.
No Longer Obeying Orders
In an excellent speech given in Johannesburg earlier this month, George Monbiot looks frankly and damningly at the state of corporate journalism, who’s institutional interests are at odds with any potential policy changes addressing climate change and resource depletion, such as the imminent global oil peak.
Crude Will Hit “$60 Before $40”
Energy tycoon Boone Pickens says “we’ve seen $40 oil for the last time” and expects “$10 natural gas” probably within “four months”
A Rebuttal of Thomas Gold’s Claims for Abiotic Oil (summary only)
Thomas Gold, before his death, proposed that the origins of oil may be abiotic (non-biological) – arguments now repeated by many to suggest that there is no danger of oil peaking. The following is a scientific dialogue critiquing Gold’s work, not easy reading for the layperson, but important nonetheless.
Iraq oil recovery effort costing lives
Scores of Iraqi oil workers have been killed or maimed since last year’s invasion after they defied death threats and remained in their posts, Oil Minister Thamir al-Ghadhban says.
Swimming in oil, Iraqis still made to wait hours at gas stations
Pressed for time, Ahmad Hussein refuses to spend hours queuing for petrol at one of Baghdad’s teeming gas stations so he takes his car to a street vendor where it costs six times as much to fill up.
Boone Pickens doesn’t expect drop in oil prices
Crude oil prices are likely to stay near the record $55.33 a barrel reached this week in New York because global supplies of the raw material are peaking, Dallas oil investor Boone Pickens said.
Will oil woes lead to Asian EU?
As the world’s known deposits of fossil fuel are being run down, not least because of the growing demand of economies such as China’s, the day may come when the big consuming countries will have to fight – literally, in the worst case scenario – for supplies. But it does not have to turn out that way if the far-sighted in Asia can persuade their countrymen to put aside the past and work together to ensure energy security for all.
Fed. Reserve Governor Says Days of Cheap Oil Are Over
Federal Reserve Governor Ben Bernanke said the days of cheap oil are likely over, although he expects the economic consequences of higher energy prices will be “manageable.”
