Oil spike II
July’s price pop is nearly as bad as June’s; analysts think it may hurt less, but could still sting.
Oil
Exploratory Oil Drilling Done Off Cuba
Drilling of an exploratory well in Cuba’s virgin Gulf of Mexico waters that could make the Communist nation an oil exporter and undermine the U.S. embargo has been completed, a senior official said.
A love affair that survived even 9/11
Book Review: Craig Unger’s notably intelligent piece of investigative reporting, House of Bush, House of Saud, uncovers the corruption and greed that continues to hinder peace in the Middle East
World creeping closer to `oil shock’
Energy crisis could loom, experts say. Politics, corporate moves are factors.
Global Peak Oil Gathering
An oil industry conference on Peak Oil from 19 – 21 October 2004, Koblenz-Lahnstein, Germany.
Georgia suspends work on section of Caspian oil pipeline
Georgia’s government said Friday it had ordered a temporary halt to construction work on a section of a multi-million-dollar (euro) Caspian oil pipeline, alleging that the pipeline consortium had failed to meet requirements on environmental safety.
Bacteria, Underground Fires to Unlock Oil Reserves
Odd methods of getting oil leftovers now more feasible.
Paying the Pumper
J. Robinson West argues that while the Hubbert curve analysis applies where full commercial exploitation has taken place, in many areas, other factors, including politics and policy, weigh in.
Colin Campbell speaks about BP’s Statistical Review
BP seeks to maintain this myth that current reserves are sufficient today to support current production for forty years. By perpetuating this misleading notion, I think one has to conclude that BP seeks to mislead—this is not just an accident.
Reduced Yukos oil export may affect world oil market
If YUKOS has to reduce oil export, it may affect the world markets’ oil supply, believes YUKOS CEO Steven Theede.
How Long Will the Oil Age Last?
While consumers pay for perceived shortages at the pump, scientists and economists struggle to reach consensus over “proven oil reserves,” or how much oil you can realistically mine before recovery costs outstrip profits.
Venezuela May Suspend Oil Shipments to U.S.
The Venezuelan government said Wednesday it may suspend oil shipments to the United States in case of an eventual conflict with that country.
