High oil prices reinforce world oil demand
“By 2007 at latest, any Saudi princes that might remain in power will have had their pumping capacity bluff called many times over!”
Oil
An oil shock would rattle the entire world’s economies
The oil price, in dollar terms at least, is now the highest it has been since 1990. It was soaring oil prices that tipped the world into three of the last four world recessions — the early ’70s, the early ’80s and the early ’90s — so there is an obvious concern. Add in the fact that the two countries with the largest oil reserves, Saudi Arabia and Iraq, are not in the most stable condition.
Oil crisis looming: Australian Greens
Spiralling oil prices would force an economic crisis in Australia within 15 years if authorities failed to act now, the Australian Greens said today.
How to profit from the coming energy crisis: Stephen Leeb audio interview
Stephen Leeb, co-author of The Oil Factor: Protect Yourself – AND PROFIT – from the Coming Energy Crisis talks about ever higher oil prices and how to profit from it.
The fall of the House of Saud.
Americans have long considered Saudi Arabia the one constant in the Arab Middle East–a source of cheap oil, political stability, and lucrative business relationships. But the country is run by an increasingly dysfunctional royal family that has been funding militant Islamic movements abroad in an attempt to protect itself from them at home.
The Oil Crunch
New York Times columnist Paul Krugman on peak oil.
Energy-Inspired Geopolitical Rivalry Coming To A Head
As the BTC Pipeline Nears Completion, America & Russia Make Their Respective Moves Seeking Strategic Control Over Caspian Energy Resources
LEE Raymond CEO of EXXON MOBILE ON Charlie Rose
Lee Raymond CEO of Exxon Mobile
Doubts surface on control of Iraq oil revenue
Differing interpretations of control over Iraq’s oil revenues emerged on Tuesday in Baghdad, potentially calling into question the financial independence to be ceded to the interim government that is due to take charge of the country in July.
Global Climate Change and Peak Oil – Part II
Abrupt climate change. We will look at the oceans’ role in the climate, the ocean conveyer system, the history of abrupt climate change episodes, and the effect of these episodes upon previous civilizations.
World oil production capacity model suggests output peak by 2006-07
Simulations of the World Oil Production Capacity (Wocap) model suggest that global oil production will peak at a point near 81 million b/d well before the end of the decade, likely by 2006-07
Cuba:Life after Oil
…we looked to one example, Cuba, the only country that has successfully passed through its own artificial “peak oil.”
