[Peakoil] News items on peak oil

Antony Barry tony at tony-barry.emu.id.au
Sat Dec 31 09:08:48 EST 2005



Begin forwarded message:

>
> Date: 31 December 2005 6:15:42 AM
>
> Oil Market Analysts Issue Dire Warnings
>
> CARACAS - While this year's record high oil prices are unlikely to  
> come down in the near future, analysts are warning the world's  
> traditional and emerging economic powers to curb consumption,  
> saying that at the current rate, proven reserves will only meet  
> demand up to 2030. "The current model (of consumption) is  
> suicidal," says the energy minister of Venezuela, an OPEC member.
> While this year's record high oil prices are unlikely to come down  
> in the near future, analysts are warning the world's traditional  
> and emerging economic powers to curb consumption, saying that at  
> the current rate...
>
> <http://www.commondreams.org/headlines05/1230-04.htm>
>
>
> Add new comment - ASPO Ireland (Peak Oil)
>
> For the record, the exploration success under Mr. Price were dismal  
> at best withg no discoveries in the period between 1983 and 1988.  
> Several reasons for this performance: first, Aramco's exploration  
> efforts had been restricted to the Eastern province until a Royal  
> decree in 1986, which extended the area. New exploration started in  
> 1988, which led to discoveries in Central Arabia and the Red Sea  
> coast; secondly, the US companies who managed Aramco were more  
> interested in hanging on than new development. Finally, it is my  
> view that E&P under Mr. Price was very conservative in the  
> application...
>
> <http://www.peakoil.ie/comment/reply/685/120>
>
>
> Donations & Sponsorship - ASPO Ireland (Peak Oil)
>
> Association for the Study of Peak Oil & Gas, Ireland
> What Is Peak Oil?
> BP Forecast of Oil Price
> Automobile manufacturers awake to Peak Oil
> Peak Oil News
> Analysis: Flow of oil assured?
> Oil equivalent of human work
>
> <http://www.peakoil.ie/donations>
>
>
> More confusion from the International Energy Agency - ASPO Ireland  
> (Peak Oil)
>
> It is understood that the European Union is losing confidence in  
> the information furnished by the IEA and is to establish a new unit  
> of its own to address Peak Oil although no doubt the curtain  
> provided by the IEA will continue to be useful, shielding those  
> wishing to stand behind it.
> The Oil Drum: Listening to the cacophony and trying to make some sense
>
> <http://www.peakoil.ie/newsletters/691>
>
>

phone : 02 6241 7659 | mailto:me at Tony-Barry.emu.id.au
mobile: 04 1242 0397 | http://tony-barry.emu.id.au





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