[Peakoil] News items on peak oil 25 Jan 2006

Antony Barry tony at tony-barry.emu.id.au
Wed Jan 25 11:05:49 EST 2006



Begin forwarded message:

> Date: 25 January 2006 5:03:20 AM
> Subject: DEVONagent: 2 results (news)
>
> Bloomberg.com: Top Worldwide
>
> Jan. 23 (Bloomberg) -- Oil traders are paying record prices to get  
> crude almost five years from now, reflecting increasing doubts the  
> oil boom will go bust.
> The rise in prices for futures contracts that come due in later  
> years has differentiated this oil rally from predecessors. For  
> example, in September 2000, when crude prices reached $37.20 a  
> barrel because of concern of a potential shortfall in inventories,  
> the contracts for delivery in three years stayed closer to $20, a  
> sign of confidence that oil would be available at lower prices.
> The prices for futures at the end of this decade...
>
> <http://quote.bloomberg.com/apps/news?pid=10000006&sid=akim.xUWeN38>
>
>
> TheStar.com - Need public discussion now
>
> Yes, there are lots of reasons for which traders in oil futures are  
> jittery. The article in the Star, however, was remiss in not  
> stating the one reason which connects all the insecure dots of the  
> ongoing pursuit of liquid energy — peak oil. I suggest that if you  
> aren't yet familiar with the term, you certainly will know it soon  
> enough. It refers to the "peaking" of world oil production, the  
> point at which the greatest amount of oil will have been produced  
> worldwide, after which there will only be less and less to be had.
> When will this...
>
> <http://www.thestar.com/NASApp/cs/ContentServer?pagename=thestar/ 
> Layout/ 
> Article_Type1&c=Article&cid=1138056610942&call_pageid=970599119419>
>
>

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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