[Peakoil] News items on peak oil - 6 jan 2006

[Antony Barry]

Begin forwarded message:

>
> Date: 6 January 2006 6:17:40 AM
>
> Subject: DEVONagent: 3 results (news)
>
> Falls Church News-Press
>
> During the past year, the average price of oil increased 33 percent  
> almost matching the 34 percent increase of 2004. If one wants to  
> think of peak oil just as steadily increasing prices, then we are  
> clearly on our way. Since 2001, oil prices have nearly tripled.
> The most memorable feature of 2005 from the peak oil perspective  
> was the pair of powerful hurricanes that smashed into the Gulf oil  
> facilities, momentarily sending oil to over $70 per barrel, and  
> causing extensive damage to Gulf oil production and refining  
> facilities that has still not been fully repaired
> America , however, is...
>
> <http://www.fcnp.com/544/peakoil.htm>
>
>
> Bloomberg.com: Germany
>
> Dec. 19 (Bloomberg) -- Goldman Sachs Group Inc. analyst Arjun  
> Murti, who roiled oil markets in March by saying crude may reach  
> $105 a barrel, now says that may be conservative if the ``peak  
> oil'' theory is right and world supplies are running out.
> While Saudi Arabian Oil Minister Ali al-Naimi and Exxon Mobil Corp.  
> President Rex Tillerson say oil supplies will last for decades,  
> energy traders are increasingly debating the amount of available  
> crude. Oil's two-year jump to about $60 a barrel came as rising  
> demand from China surprised suppliers, who had failed to spend on  
> new...
>
> <http://www.bloomberg.com/apps/news? 
> pid=10000100&sid=aSMZqxhSYk54&refer=germany>
>
>
> Straight.com Vancouver | Business | Leaders ignore oil depletion
>
> During the Canadian federal election campaign, major party leaders  
> have downplayed the possibility of any kind of economic crisis,  
> never mind an Argentina-style meltdown. They’re not making a big  
> deal out of the world’s diminishing oil reserves, either, the very  
> problem that could trigger massive economic failures.
> The author of The Empty Tank, Jeremy Leggett, is no lightweight. A  
> former oil geologist with a PhD from Oxford, he has spent more than  
> a decade urging the world to focus on global warming. He begins his  
> new book with a detailed explanation of why petroleum companies  
> haven’t...
>
> <http://www.straight.com/content.cfm?id=15203>
>
>

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