Time to cut down
We need to face up to the crisis in energy consumption. Michael Meacher finds some solutions in The End of Oil by Paul Roberts
Oil
Iraq oil exports hit by pipeline leak, emergency laws due shortly
Iraqi oil exports were hit by a rupture to a main pipeline in the south as the caretaker government said it would announce emergency powers to tackle the country’s rampant insurgency “very shortly”.
Asian outlets beckon oil sands producers
The robust economies of Japan, Korea and China could open new doors for Canada’s heavy and synthetic crude, according to the Alberta Energy Research Institute.
Fuel for thought
This article comparing costs of various automotive fuels, off-handedly notes that “global oil production has reached its peak or will peak in the next decade and then production will run downhill.”
Indonesia’s oil output may drop by 2008
Indonesia, South-east Asia’s biggest oil producer, will be unable to prevent production declining within four years without increased exploration spending to find new fields, Energy Minister Purnomo Yusgiantoro said.
Pacific Energy to move oilsands crude to U.S in newly acquired pipelines
California-based Pacific Energy Partners L.P. plans to transform its two newly purchased regional pipeline systems in Alberta into a mainline to ship growing quantities of oilsands crude to refineries throughout the western United States.
Indiana Jones and the China crusade
“The American dollar is a flawed currency and will collapse in value before the end of the decade, taking with it the prosperity of the American nation.” Rogers’ reasoning is straightforward: raw materials are running out.
Russia: BP and Rosneft Ready to Drill Sakhalin-5
The project is situated off Russia’s eastern coast and estimated to have a maximum oil and oil-condensate output of 700,000 barrels per day — similar to that of OPEC member Qatar.
Michael Moore’s Fahrenheit 9/11 Doesn’t Go Far Enough
Moore implies — correctly — that the primary motive for the war was to seize the oil fields. He does not discuss “peak oil” theory, which — if valid — does much to explain why Bush viewed this seizure as a necessity.
Iran Reacts to U.S. Power Loss
Tehran finds itself located in a very volatile region of the world, one in which powerful outside interests have as their major foreign policy objective the desire to prevent a Middle Eastern state from gaining too much power.
July 2004 ASPO newsletter is online
The Association for the Study of Peak Oil & Gas newsletter is, once again, essential reading.
Competing for Energy Resources – Part 1
If China’s economy moved forward to a level that was approximately on par with Mexico’s current economy, the world demand for oil would double.
