[Peakoil] News items on peak oil 12 Feb 2006

[Antony Barry]

Sorry, rather a lot today. I changed the search criteria and it  
picked up some old stuff which hadn't been harvested before. It  
should be less tomorrow.

Tony


Begin forwarded message:

> Date: 12 February 2006 5:08:55 AM
>
>
>
>
> PowerSwitch - UK Peak Oil, Oil Decline, Oil Crisis Gas Shortages  
> Energy Economic Crisis - 'The End of Oil' October 11th Conference
>
> On 11 October 2005, in London, a major conference looked at the  
> peak oil problem and its impact on climate change, the world's food  
> supply and the world economy. Speakers included Michael Meacher MP,  
> Tim Lang and Andrew Simms (of NEF), and the chair was Dr Ian Gibson  
> MP. The conference was being organised by East Anglia Food Link,  
> CRed, Sustain and PowerSwitch.org.uk.
> Does the end of cheap oil herald the end of globalisation? Is the  
> notion of continual economic growth consistent with a shrinking  
> energy supply? Some observers predict a recession of 1930s  
> proportions, but lasting...
>
> <http://www.powerswitch.org.uk/portal/index.php? 
> option=com_content&task=view&id=976&Itemid=2>
>
>
> SouthCoastToday.com - Bush ignores economic changes in oil market  
> that hurt America - February 11, 2006
>
> In March, Iran plans to open a "bourse," an international exchange  
> in which oil can be bought for Euros. This fact, barely noted in  
> the American press, is potentially world altering.
> Currently, oil, wherever it is drilled, refined or delivered, is  
> officially sold on the NYMEX in New York or the International  
> Petroleum Exchange of London. All sales are in U.S. dollars.  
> Foreign countries have had to amass dollars to pay their bills on  
> the NYMEX and IPE. Demand for oil, the world's dominant commodity,  
> is growing, especially in developing countries. Thus, the need for  
> dollars is growing...
>
> <http://www.southcoasttoday.com/daily/02-06/02-11-06/01opinion.htm>
>
>
> VillageSoup - Community News - VillageSoup
>
> China's increasing demand for energy and her search for supply at  
> home and abroad make news almost daily. In this full day symposium,  
> five energy experts will consider just these issues in a series of  
> talks, luncheon roundtables, question and answer periods and a  
> panel discussion. Betty Wilson of Methane Resources Group will open  
> the day with a global energy overview. Kevin Lindemer of Global  
> Insight will consider China's energy industry followed by a  
> discussion of how China's needs and supply fit in global economics  
> by Joe Stanislaw, co-founder of Cambridge Energy Research  
> Associates (CERA). China...
>
> <http://camden.villagesoup.com/Community/story.cfm?storyID=67231>
>
>
>
>
> Peak expectations
>
> Decades ago the "peak oil" argument had the same cachet as a John  
> F. Kennedy assassination paranoia theory propagated by the granola  
> crowd.
> Over the last few years the peak oil theory has gained traction  
> within the U.S. government, and mainstream publications.
> "Oil and gas are limited. My personal feeling is that we have a  
> concern in the next couple of decades," U.S. geologist Thomas  
> Ahlbrandt, who co-authored a study on peak oil.
> The theory states that oil has a limited lifespan. Since the 1960s,  
> oil companies have found fewer oil fields, and the ones that are...
>
> <http://www.ancasternews.com/NASApp/cs/ContentServer? 
> pagename=brabant/Layout/ 
> Article&c=Article&cid=1138920617678&call_pageid=1069766796189&col=1073 
> 476868071>
>
>
> Capitalism Or A Habitable Planet - You Can't Have Both By Robert  
> Newman
>
> Our economic system is unsustainable by its very nature. The only  
> response to climate chaos and peak oil is major social change
> We are caught between the Scylla and Charybdis of climate change  
> and peak oil. Once we pass the planetary oil production spike (when  
> oil begins rapidly to deplete and demand outstrips supply), there  
> will be less and less net energy available to humankind. Petroleum  
> geologists reckon we will pass the world oil spike sometime between  
> 2006 and 2010. It will take, argues peak-oil expert Richard  
> Heinberg, a second world war effort if many of us are to...
>
> <http://www.countercurrents.org/cc-newman030205.htm>
>
>
> EnergyPulse Article
>
> 1. "What does the future hold for global oil and natural gas supply?"
> 2. "Can incremental oil and natural gas supply be brought on line,  
> on time, and at a reasonable price to meet future demand without  
> jeopardizing economic growth?"
> 3. "What oil and gas supply strategies and /or demand-side  
> strategies does NPC recommend the U. S. pursue to ensure greater  
> economic stability and prosperity?"
> Energy Secretary Bodman's letter describes several key issues:  
> "Perspectives vary widely on the ability of supply to keep pace  
> with growing world demand for oil and natural gas, the point in  
> time at...
>
> <http://www.energypulse.net/centers/article/article_print.cfm? 
> a_id=1179>
>
>
> EV World: The World of Electric, Plug-in Hybrid, Fuel Cell and  
> Alternative Fuel Vehicles
>
> SYNOPSIS: West Coast Asset Management Inc.'s co-founders discuss  
> the investment implications of peak oil.
> Last month's article prompted some readers to look up "Peak Oil" on  
> the Internet, where they found predictions of continuous Middle  
> East resource wars and all-out nuclear conflict with China, Russia,  
> India, etc. They found charges that the entire Peak Oil discussion  
> is prompted by oil interests (and investors like ourselves) to  
> increase prices and profits, and they saw life-after-the-peak  
> scenarios that make the "Mad Max" movies look like a romp through  
> Disneyland. The pessimists' vision evokes Treasure Island...
>
> <http://www.evworld.com/view.cfm?section=communique&newsid=10940>
>
>
> Falls Church News-Press
>
> The "addicted to oil" section of President Bush's State of the  
> Union address was surely added as an afterthought. As the draft was  
> being staffed around the White House, a senior reviewer must have  
> noted it still needed some more drama or a new initiative that  
> would be universally popular.
>
> <http://www.fcnp.com>
>
>
> Resource Investor - Energy - Famed Oil Tycoon Sounds Off on Peak Oil
>
> TORONTO ( ResourceInvestor.com ) -- In recent months, legendary oil  
> baron, T. Boone Pickens has become increasingly vocal about his  
> view that peak oil is upon us and high prices are here to stay.
> A little back of the envelope math was also quite enlightening, "84  
> million barrels a day times 365 days is 30 billion barrels of oil a  
> year that we're depleting. All of the world's [oil] industry  
> doesn't even come close to replacing 30 billion barrels of oil. We  
> don't spend enough money to even give ourselves a chance to replace  
> 30 billion barrels. It...
>
> <http://www.resourceinvestor.com/pebble.asp?relid=10766>
>
>
>
> Resource Investor - Energy - US Govt Sponsored Peak Oil Report  
> Draws Disturbing Conclusions
>
> Home >> Sections >> Energy >> US Govt Sponsored Peak Oil Report  
> Draws Disturbing Conclusions
> TORONTO ( ResourceInvestor.com ) -- A 67-page report released  
> earlier this year on the subject of Peak Oil and sponsored by the  
> U.S. Department of Energy drew several conclusions:
> It Is a Matter of Risk Management (mitigating action must come  
> before the peak)
> Based on the report (Peaking of World Oil Production: Impacts,  
> Mitigation, & Risk Management) we are probably in quite a bit of  
> trouble if, as some analysts suggest, peak oil is already upon us.  
> The study was led by Dr. Robert Hirsch who is a Senior...
>
> <http://www.resourceinvestor.com/pebble.asp?relid=11748>
>

>
> The Oil Drum | Comments | What would we have predicted for Kuwait?
>
> Yes, and it's been in process for a year or more already. The  
> miasma of 'fungible' oil may have fooled me (perhaps us at TOD,  
> too) longer than is wise, how much oil is actually part of a 'free  
> market'?
> I've read the piece, and it's a good article. This analysis of the  
> top four oil exporters, using the P/Q versus Q method, is the first  
> time that I have managed to scare myself.
> Im sure that will be one local industry that flourishes post peak.....
>
> <http://www.theoildrum.com/comments/2006/1/20/193723/259/80>
>
>
> The Oil Drum | Comments | What would we have predicted for Kuwait?
>
> If you look at the Russian plot, oil production stopped growing at  
> about 47% of Qt (I'm rounding off Qt at 160 Gb), around 1989.  
> Production was basically flat for about 10 years until 1999, out to  
> about 59% of Qt. Production then fell dramaticlly. Everyone assumed  
> that it was because of the breakup of the Soviet Union, and then  
> production rebounded strongly. However, the recent production is  
> still significantly below the 1980's decade long peak. It looks  
> like production peaked as a broad plateau center roughly on the 53%  
> of Qt mark. In my opinion, and several...
>
> <http://www.theoildrum.com/comments/2006/1/20/193723/259/67>
>
>
>
> Business & Money: Peak Oil and the Sorry State of the Union
>
> In his State of the Union speech, President Bush said, "America is  
> addicted to oil," and set a goal of replacing 75 percent of the  
> nation's Mideast oil imports by 2025 with ethanol and other energy  
> sources.
> Saudi's Ghawar field is close to being in irreversible decline. The  
> Saudis are only managing to maintain current oil production volumes  
> by virtue of a massive seawater injection program that pumps more  
> than seven million barrels of salt water per day into its oil  
> fields. This pumping helps to maintain production pressures in the  
> oil reservoirs, but is also the source...
>
> <http://mensnewsdaily.com/blog/money/2006/02/peak-oil-and-sorry- 
> state-of-union.html>
>
>
> Treehugger: The Empty Piñata Scenario
>
> According to Wall Street Journal article of February 9, 2006  
> (subscription only) “Mexico's huge state-owned oil company [Pemex]  
> may be facing a steep decline in output that would further tighten  
> global oil supply and add to global woes over high oil prices”. An  
> internal report, which served as basis for the Journal’s story,  
> covered several possible scenarios of declining production from one  
> of Mexico’s larger oil “pools”. The worst scenario looked at would  
> lead to a reduction of about 63% of Mexico’s daily crude exports to  
> the U.S within two years, according to the...
>
> <http://www.treehugger.com/files/2006/02/the_empty_pinat.php>
>
>
> WorldChanging: Another World Is Here: Carbon, Global Warming and  
> Understanding Our Options
>
> New articles on RealClimate and The Oil Drum provide useful  
> insights into the state of our current understanding of the buildup  
> of carbon dioxide in the atmosphere -- and what we need to do in  
> order to forestall disaster.
> Peak oil community website The Oil Drum is playing host to an  
> absolutely terrific series of posts from Stuart Staniford,  
> examining the prospects for reducing carbon emissions and avoiding  
> dangerous climate disruption, all from a perspective informed by  
> the current peak oil debates. Stuart is a physicist and computer  
> scientist by training , and brings that quantitative analytic eye  
> to his work on...
>
> <http://www.worldchanging.com/archives/004062.html>
>
>
> Business & Money: Gold, Dollars and Oil: Life During Wartime
>
> When I got back from my excursion to the Far East in late 2004 and  
> sat down at my desk in London to write up the story, I emphasized  
> three major trends that would create danger and opportunity for  
> investors. First, the bull market in energy (oil, gas, electric,  
> nuclear) was going to be one of the longest and strongest you and I  
> would see in our investment lifetimes.
> The big drivers are the growth in demand from China and India.  
> Since then, of course, through the work of Whiskey & Gunpowder  
> editor Byron King, we’ve seen how Peak Oil...
>
> <http://mensnewsdaily.com/blog/money/2006/02/gold-dollars-and-oil- 
> life-during.html>
>
>
> Peak oil - Feb 11 | EnergyBulletin.net | Peak Oil News Clearinghouse
>
> The likelihood of internal conflict in oil-producing countries is  
> also destined to grow in tandem with the steady rise of energy  
> prices. The higher the price of petroleum, the greater the  
> potential to reap mammoth profits from control of a nation's oil  
> exports -- and so the greater the incentive to seize power in such  
> states or, for those already in power, to prevent the loss of  
> control to a rival clique by any means necessary. Hence the rise of  
> authoritarian petro-regimes in many of the oil-producing countries  
> and the persistence of ethnic conflict between various groups...
>
> <http://www.energybulletin.net/12790.html>
>
>
>
> ${log.root}/lowem.log
>
> "The peaking of world oil production presents the U.S. and the  
> world with an unprecedented risk management problem."
> 1. Congressman Bartlett's Peak Oil speeches ( 3 May 2005 , 19 Jul  
> 2005 , 7 Sep 2005 , 26 Sep 2005 )
> The world's big private oil companies are reporting record profits  
> on the back of high oil prices. Exxon Mobil enjoyed $36 billion in  
> net profit in 2005, the largest of any American company ever. Shell  
> reported $23 billion, a UK record. However, the oil wells that  
> generate the big bucks are drying up. Shell's profits came despite  
> a decline in...
>
> <http://www.post1.net/page/lowem/20060210>
>
>
>
>
> World Changing
>
> New articles on RealClimate and The Oil Drum provide useful  
> insights into the state of our current understanding of the buildup  
> of carbon dioxide in the atmosphere -- and what we need to do in  
> order to forestall disaster. Peak oil community website The Oil  
> Drum is playing host to an absolutely terrific series of posts from  
> Stuart Staniford, examining the prospects for reducing carbon  
> emissions and avoiding dangerous climate disruption, all from a  
> perspective informed by the current peak oil...
>
> <http://www.worldchanging.com/search/?category=12&search=Go>
>
>
>
>
> Green Party - Real Progress
>
> In a response to a parliamentary question put by Green Party MEP  
> Caroline Lucas, he shrugs off the so-called 'Peak Oil' scenario as  
> 'no more than a theory'.
> "An increasing number of scientists and energy experts are warning  
> that declining oil production, public over-statements of oil  
> reserves and booming demand for oil and gas in China and India mean  
> that the point of 'Peak Oil' - when growing demand for oil  
> outstrips falling supply - will occur sooner than is openly suggested.
> "Some argue we have already passed the Peak Oil point, pointing to  
> rapidly rising prices and the fact...
>
> <http://www.greenparty.org.uk/news/2409>
>
>
> Peak Oil Webring
>
> A web ring with a mission to increase awareness of peak oil and  
> resource depletion, and all of the economic, environmental,  
> political and spiritual ramificaitions.
> Earth Sentinel is focused on looking past peak oil to the solutions  
> that will need to be implemented to make a succesful transfer.
> from grapho- + -oil + -logie -logy: inference of future production  
> from an oil production profile. The theory underlying graphoilogy  
> is that production profile is an expression of limited oil  
> reserves; hence, a systematic analysis of the way production  
> profiles are shaped can reveal traits of actual ressource.
> lowem.log tracks Peak Oil, energy...
>
> <http://www.ringsurf.com/netring?ring=EnergyWebRing;id=14;action=list>
>
>
> Politics and Current Affairs :: View Forum - Peak Oil, Economics &  
> The Environment
>
> Peak Oil, Economics & The Environment
> Politics and Current Affairs Forum Index -> Peak Oil, Economics &  
> The Environment Mark all topics read
> Sweden plans to be world's first oil-free economy
> A Free Fuel That Tackles Oil Price Rises
> Silly non-christians who know nothing of oil
> The Spiralling Cost of Crude Oil
> Kuwait oil reserves only half official estimate
> Oil jumps $1 on al Qaeda threat, supply concern
> Oil Is Here to Stay
> CIBC sees oil supplies still tight
> Success!-Sequester CO2 and Recover Oil!
> No Peak Seen for Decades
> Kuwait's biggest field starts to run out of oil...
>
> <http://www.politicsandcurrentaffairs.co.uk/Forum/viewforum.php? 
> f=3&sid=990807c9a12e333808065d2958ec66cf>
>
>
> Politics & Current Affairs - Online Forum
>
> In depth discussions and information regarding Peak oil, Economics  
> & the Environment 110 575
>
> <http://www.politicsandcurrentaffairs.co.uk>
>
>
> ${log.root}/lowem.log
>
> "Dear reader," he begins, "civilization as we know it is coming to  
> an end soon. This is not the whacky proclamation of a doomsday  
> cult, apocalypse Bible prophesy sect, or conspiracy theory society.  
> Rather, it is the scientific conclusion of the best-paid, most  
> widely respected geologists, physicists, and investment bankers in  
> the world. These are rational, professional, conservative  
> individuals who are absolutely terrified by a phenomenon known as  
> global peak oil."
> From a quick glance through the list of recent articles, the  
> Indians seem to be concerned that their IT outsourcing industry,  
> while still going strong by the numbers...
>
> <http://www.post1.net/page/lowem/20050504>

>
>
>
> Peak Oil News: Addiction
>
> The scarcest resource is not oil, metals, clean air, capital,  
> labor, or technology. It is our willingness to listen to each other  
> and learn from each other and to seek the truth rather than seek to  
> be right. — Donella Meadows (1941–2001), founder of the  
> Sustainability Institute
> By now, President Bush's wildly irresponsible remarks on energy in  
> his state of the union speech may have already vanished down the  
> memory hole, but the damage will linger on. "America is addicted to  
> oil," Mr. Bush began, failing to mention that underlying this  
> addiction was a living arrangement that required people...
>
> <http://peakoil.blogspot.com/2006/02/addiction.html>
>
>
> Beyond Peak - Prepare for Peak Oil and Economic Collapse
>
> Peak Oil Peak Empire Peak Economy Peak Housing Value Peak Climate  
> Change Peak Dollar Peak National Debt Peak Flu
> For complete information on Peak Oil, we invite you to visit our  
> sister site, Dry Dipstick
>
> <http://www.beyondpeak.com>
>
>
> Surviving Peak Oil
>
> Preparing for peak oil can be relatively easy, since the  
> preparation is 75% mental, 15% physical, and 10% fiscal. Don’t be  
> flabbergasted at what to do. Quit asking should I buy solar? Should  
> I buy an axe? Should I buy a gun? The answers are no, no, and no....
>
> <http://www.survivingpeakoil.com>
>
>
>
>
> Guardian Unlimited | Life | The end of oil is closer than you think
>
> Oil production could peak next year, reports John Vidal. Just kiss  
> your lifestyle goodbye
> "Don't worry about oil running out; it won't for very many years,"  
> the Oxford PhD told the bankers in a message that he will repeat to  
> businessmen, academics and investment analysts at a conference in  
> Edinburgh next week. "The issue is the long downward slope that  
> opens on the other side of peak production. Oil and gas dominate  
> our lives, and their decline will change the world in radical and  
> unpredictable ways," he says.
> Campbell reckons global peak production of conventional oil - the  
> kind...
>
> <http://www.guardian.co.uk/life/feature/story/0,13026,1464050,00.html>

>
>
>
> ${log.root}/lowem.log
>
> Ali Naimi, Saudi Arabia's oil minister, also said the kingdom had  
> tossed aside its production cap set by the Organization of  
> Petroleum Exporting Countries and is willing to sell its customers  
> every barrel of oil they want, up to its current capacity of 11  
> million barrels a day.
> To demystify that sentence, the Texas Railroad Commission was the  
> quaintly named cartel that controlled the U.S. oil industry by  
> making strategic use of the excess capacity for pumping in Texas.  
> When the commission said, "100% allowable for next month," it meant  
> that there was no longer any excess capacity...
>
> <http://www.post1.net/page/lowem/20050504/?catname=Energy>
>
>
> Falls Church News-Press
>
> The Association for the Study of Peak Oil (ASPO) was formed in  
> Europe circa 2001. After four years, the Association decided it  
> could more effectively educate the world about the advent of peak  
> oil by breaking up into national organizations. At last report, 15  
> national ASPOs are in some stage of formation – mostly in Europe .
> Last week ASPO-USA, a not yet fully formed organization, had its  
> first meeting in Denver . Some 450 people showed up to hear an  
> array of knowledgeable speakers on nearly every aspect of when  
> world oil production will peak and what we can or should...
>
> <http://www.fcnp.com/537/peakoil.htm>
>
>
> ${log.root}/lowem.log
>
> "We are of the view that oil has become less important to Western  
> industrialised economies as the manufacturing sector’s influence  
> has diminished and fuel consumption has become more efficient."
> lowem : I'm sort of kicking off "Famous Last Words" as an anti- 
> thesis to the "Quotable Quote" series. This was taken from an  
> article published for local investors, titled "Don't worry about  
> oil". Yeah, right. Sure. Why don't we also say, food has become  
> less important to human well-being as the pace of life has picked  
> up in modern times especially in Western industrialised economies,  
> and...
>
> <http://www.jroller.com/page/lowem/20040526>
>
>
>
>
> PeakOilAction - New documentary on Peak Oil
>
> Meet with others in your area on the second Wednesday of the month  
> to disscuss the topic of Peak Oil.
>
> <http://peakoilaction.org/modules.php?name=News&file=article&sid=19>
>
>
>
>
> Peak Oil and Economic Collapse Preparation Websites
>
> Peak Oil has been looming on the horizon for a long time. If you  
> just got the word, we hope it was in time for you to be at least  
> psychologically prepared, if not physically.
> This entire Beyond Peak website is dedicated to giving you as much  
> information as possible so that you can prepare for, or at least  
> deal with, the likely results of Peak Oil and economic collapse.  
> But we are not alone.
> A number of groups have been working for some time to imagine  
> possible Peak Oil and economic collapse scenarios, suggest ways to  
> prepare for those...
>
> <http://www.beyondpeak.com/links-beyondpeak.html>
>
>
>
>
>
> WorldChanging: Another World Is Here: Discussion on What Does Peak  
> Oil Look Like?
>
> Listed below are links to weblogs that reference 'What Does Peak  
> Oil Look Like?' from WorldChanging: Another World Is Here .
> Excerpt: So, here's some links to info on peak oil production.  
> Historical data tells us that the 1970s was peak production for the  
> USA. The rest of the non-OPEC nations are predicted to peak in  
> 2010, at least according to ExxonMobil....
> Excerpt: Our friends at Worldchanging and Green Car Congress have  
> both covered, and rightly so, this blog-post from The Oil Drum, a  
> blog dedicated to discussing Hubbert's Peak. It's something to know  
> what's...
>
> <http://www.worldchanging.com/cgi-bin/mt-tb.cgi? 
> __mode=view&entry_id=2824>
>
>
> World Changing
>
> Although I recognize that the depletion of oil supplies is a  
> serious problem, I haven't always been entirely supportive of the  
> "peak oil" movement. There's a good bit of "apocaphilia" in many of  
> the peak oilers, a fascination with the end of the world that goes  
> well beyond terriblisma. I'm not saying that they look forward to  
> things falling apart, the center not holding, and mere anarchy  
> loosed upon the world, but some may well be looking forward to  
> being able to say "I told you so." More...
>
> <http://www.worldchanging.com/search/?category=19&search=Go>
>
>
> WorldChanging: Another World Is Here: Discussion on Peak Oil and  
> the Curse of Cassandra
>
> Listed below are links to weblogs that reference 'Peak Oil and the  
> Curse of Cassandra' from WorldChanging: Another World Is Here .
> Excerpt: After following the debates over peak oil for several  
> months now, I've found that nearly all arguments tend to fall into  
> one of three categories...
> Excerpt: Our friends at WorldChanging have a great post titled:  
> "Peak Oil and the Curse of Cassandra". If you are not familiar with  
> the concept of "peak oil", you should first read this primer, then  
> you really must read WorldChanging's post....
>
> <http://www.worldchanging.com/cgi-bin/mt-tb.cgi? 
> __mode=view&entry_id=3224>
>
>
>
>
> Surviving Peak Oil - Article
>
> Preparing for peak oil can be relatively easy, since the  
> preparation is 75% mental, 15% physical, and 10% fiscal. Don’t be  
> flabbergasted at what to do. Quit asking should I buy solar? Should  
> I buy an axe? Should I buy a gun? The answers are no, no, and no.  
> If in fact, billions of people will die, look at all the stuff that  
> will be left behind. So, don’t buy it, pick it up off the ground  
> when others leave it behind.
> To illustrate the absurdity of buying stuff, what would you buy?  
> It’s impossible to know...
>
> <http://www.survivingpeakoil.com/article.php?id=limited_budget>
>
>
> The View from the Summit of Hubbert's Peak | EnergyBulletin.net |  
> Peak Oil News Clearinghouse
>
> ““Understanding depletion is simple. Think of an Irish pub. The  
> glass starts full and ends empty. There are only so many more  
> drinks to closing time. It’s the same with oil.” – Colin J. Campbell
> The Organisation of the Petroleum Exporting Countries will try to  
> calm a nervous oil market this week by pledging that it is prepared  
> to meet customer demand by continuing to pump oil above its  
> official quota limits in an effort to cool oil prices, which are  
> trading near record nominal levels of $55 a barrel. All very fine  
> and well, but even OPEC has all...
>
> <http://www.energybulletin.net/4711.html>
>
>
> Resource Insights
>
> Rewind to 1980, the year after the last oil shock. Oil and other  
> commodities had been rising in price for more than a decade. The  
> message of books such as "Limits to Growth" and "The Population  
> Bomb" had entered the popular culture. The perception was that  
> critical natural resources were only going to become more scarce  
> over time. For those aware of the implications a run on the  
> resource bank--the basis for all wealth--seemed imminent.
> Economists who comment on the possible effects of world peak oil  
> production love to ridicule those who make statements such as  
> "demand at...
>
> <http://resourceinsights.blogspot.com>
>
>
> Technorati Tag: peak oil
>
> Peak Oil Spurs Investment Investment expert Mike Swanson likes  
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> When Oil Production Peaks Will you be left behind? Get the facts  
> about oil and gas. Do it now, before it's too late.  
> www.meridianpress.com
> According to Wall Street Journal article of February 9, 2006  
> (subscription only) “Mexico's huge state-owned oil...
>
> <http://technorati.com/tag/peak+oil>
>
>
> RIGZONE - How Will the 'Peak Oil' Scenario Affect Our Global Economy?
>
> Analyses of the discovery and production of global oil fields  
> suggest that world oil production is about to peak, and within the  
> next decade, the supply of conventional oil will be unable to keep  
> up with demand.
> 'Peak oil' describes the scenario when crude oil production for a  
> region, often referring to the entire world, reaches a maximum,  
> from which it inevitably declines.
> In the 1950s a prominent geophysicist, M King Hubbert, observed  
> that oil production in the US was following the path of a bell- 
> shaped curve. Production would have a 'peak' and following that  
> peak, oil production would...
>
> <http://rigzone.com/news/article.asp?a_id=21066>
>

>
>
>
> Peak oil is already here | EnergyBulletin.net | Peak Oil News  
> Clearinghouse
>
> Now that the phenomenon of peak oil has been universally explained  
> and understood in leading media in Canada like The Globe and Mail  
> and National Post, and its arrival has been widely acknowledged  
> (even by the US President), it is now time to consider the  
> unfolding consequences of this new global reality. What the  
> cresting of the peak of global oil production signals is the start  
> of the long-anticipated and worldwide War of Resources. We have  
> just entered a whole new era in world history and all political and  
> economic reporting must be adjusted accordingly.
> There are six powerful...
>
> <http://www.energybulletin.net/5896.html>
>
>
>
>
>
> Falls Church News-Press
>
> Nearly anyone who studies our world oil supply knows that someday  
> production will peak and start its inexorable course downward.  
> Moreover, everybody knows there are many events — hurricanes, wars,  
> terrorism, regime changes, and proliferation squabbles to name a  
> few — that could cause such a large and prolonged downturn in a  
> country's or region's oil. By the time the cause of the  
> interruption is remedied, the rest of the world's oil producing  
> countries would be so far down the depletion curve, resumed  
> production would not matter.
> Thus, the issue comes down to one of a.) peak oil coming...
>
> <http://www.fcnp.com/532/peakoil.htm>
>
>
>
>
> ${log.root}/lowem.log
>
> Peak Oil is now the first item in the Business section on the MSNBC  
> News front page . According to Google News , the original AP  
> article by Matt Crenson has now been syndicated on over 200  
> mainstream news outlets. The story is also front page or business  
> section news on many newspapers across the United States.
> The folks over at peakoil.com are complaining that MSNBC *had* to  
> throw in the EIA graph that may mislead people into thinking that  
> the peak is far away, but the editors probably might have thought  
> that carrying the ASPO graph would cause some panic...
>
> <http://www.post1.net/page/lowem/20050529>
>
>
> USATODAY.com
>
> ‘Peak oil' advocates say brief gas shortages, soaring pump prices  
> could become permanent way of life
> Almost since the dawn of the oil age, people have worried about the  
> taps running dry. So far, the worrywarts have been wrong. Oil men  
> from John D. Rockefeller to T. Boone Pickens always manage to find  
> new gushers.
> “There isn't a middle argument. It's a finite resource. The only  
> debate should be over when we peak,” says Matthew Simmons, a  
> Houston investment banker and author of a new book that questions  
> Saudi Arabia's oil reserves.
> Today's gasoline prices are...
>
> <http://www.usatoday.com/printedition/news/ 
> 20051017/1a_cover17.art.htm>
>
>
>
>
> The Oil Drum | Comments | Exxon, and the Implications of 8%
>
> In my opinion, the only thing that will reduce the post-peak net  
> decline rate down to under 3% is oil from non-conventional sources,  
> and as recent Canadian production numbers suggest, I suspect that  
> the amount of oil we are going to get from non-conventional sources  
> is not as high as a lot of people are estimating. We don't have  
> nearly enough people and equipment to replicate anything close to  
> the Texas drilling density worldwide.
> However, for those of us in the energy industry the future couldn't  
> be brighter--provided that the angry, and perhaps hungry...
>
> <http://www.theoildrum.com/comments/2005/11/16/182053/32/17>

>
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>

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