China’s crude oil imports in July up nearly 40% year-on-year
China’s imports of crude oil in the first seven months rose nearly 40 percent from a year ago as the energy-hungry economy expanded at close to double-digit levels, state press reported.
Oil
(Temporary) Continuance of the American Way of Life At State in Iraq
The American government officials and presidential candidates of both parties know all about Peak Oil and the fact that (UNDER ALL CIRCUMSTANCES) the American way of life (as we know it) is nearing its end.
Historia Bush (excerpt)
Panicked by looming peak oil, the Bush administration jettisoned the Constitution and international law in a grab for the Middle East bonanza. They thought to control the region, but that is quite impossible.
Shell ‘could be target for Total’
Oil giant Shell could be bracing itself for a takeover attempt, possibly from French rival Total, a report claims.
What exactly is at stake in Venezuela’s presidential recall referendum today?
It is surprising that the media - left media included - has been relatively silent regarding Venezuela’s upcoming presidential recall referendum.
Foreign companies bidding for newly discovered oil field in Iran
Foreign companies are rushing to win bids for development of a new oil field discovered in the southwestern province of Khuzestan with recoverable reserves of around three billion barrels.
The coming global recession in 2005
A recession may be looming especially with the unprecedented rise in world oil prices, which have historically presaged every recession in America. Add to this fears that Saudi Arabian oil production may be peaking.
Defending money
While money creates dreams, only abundant energy gives humans the power to realize those dreams. …and the world is running out of “sweet”, cheap oil.
Australia: Oil: Living with Less
Dr Malcolm Riddoch reports from a conference entitled Oil: Living With Less which featured Dr Ali Samsam Bakhtiari, which took place in Western Australia ealier in the week.
Mexico’s Cantarell field decline deferred to 2006
The head of exploration and production at Mexican state oil monopoly Petroleos Mexicanos, or Pemex, said Thursday that the decline of the country’s biggest oil field has been delayed until 2006.
New Zealand: Government about to make a monumental mistake
It is clear that policy makers, Government bigwigs, ostentatious self-promoting Mayors and general associated ignorami are about to make an error of monumental proportions. The mistake involves the gross misappropriation of public funds to build roading systems in Auckland and throughout NZ that in all likelihood will be empty of drivers early next decade.
Squeeze Play! Energy’s Perfect Storm
The cost and availability of oil will be impacted by “peaking”; natural gas supply will fail to meet production and supply demands; nuclear offsets aren’t being addressed and the failure of transmission lines to be replaced or upgraded are all rapidly coming together in a short period of time and will cause rocketing prices and supply disruption.
