BP: oil price will stay high
LORD BROWNE, chief executive of BP, the world’s second-largest oil company, has warned the City and British industry to prepare for a long period of high oil prices.
Oil
Increased Scrutiny Could Shrink World Oil Reserves
The world’s oil companies were already double-checking their books before Royal Dutch/Shell Group sent the industry into a tizzy this month by reducing the stated amounts of its proven reserves by almost 4 billion barrels of oil and natural gas. That’s 20% of its total.
China: Hungry for Power (Part 3)
It is about oil
IEA 2004 world oil demand forecast up 50,000 b/d to 79.63-mil b/d
The International Energy Agency Friday raised its estimate of global oil demand in 2004 by 50,000 b/d to 79.63-mil b/d.
Canada Raises Reserve Reporting Standards
US could follow in wake of Shell scandal
Peak Oil’s theorists “extraordinary narrow research base”
An email from an economist expressing some reasonable concerns about the limited research available predicting or negating imminent oil peak.
Fast Food World: Perils and Promises of the Global Food Chain (excerpt)
Q: Do you think that we have changed the carrying capacity of the earth through fossil fuels to the extent that we could not support the current population with organic agriculture free of synthetic fertilizers?
Bush, Oil & Iraq: Some Truth at Last
Here we have former US Treasury Secretary Paul O’Neill disclosing that George Bush came into office planning to overthrow Saddam Hussein, and MSNBC polls its audience with the question, Did O’Neill Betray Bush?
China: Hungry for Power (Part 1)
Energy crisis threatens ‘world’s factory’
UK trade deficit widens amid falling oil exports
The surplus on trade in oil fell to just £202 billion from £235m in October.
UK faces future without North Sea oil
North Sea oil, the precious resource that has contributed hundreds of billions of pounds to the UK economy, is slowly slipping into history — so should Britain panic?
U.S. regulators may look into Shell’s overstatement of oil reserves
Royal Dutch/Shell Group’s overstatement of its proven reserves of oil and natural gas by 20 percent may be enough to prompt an inquiry by the U.S. Securities and Exchange Commission, an SEC spokesman said.
