[Peakoil] News items on peak oil 27 Jan 2006

[Antony Barry]

Begin forwarded message:

> Date: 27 January 2006 5:03:04 AM
> Subject: DEVONagent: 4 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=afC4WbyG_Bmk>
>
>
> EV World: The World of Electric, Plug-in Hybrid, Fuel Cell and  
> Alternative Fuel Vehicles
>
> Last fall the Department of Energy (DOE) Secretary, Samuel Bodman,  
> asked his National Petroleum Council (NPC) to help answer the basic  
> question as to whether world oil production can meet rising demand.  
> David J. Lynch, in a USA Today article November 11, 2005, correctly  
> noted the key language in a reference to the "peak oil" debate that  
> "the world is at, or near, maximum oil production."
> Taken at face value, Secretary Bodman is asking the right question  
> to the correct group to answer the crucial peak oil question.  
> However, the devil is in the details; in particular, how the issue...
>
> <http://www.evworld.com/view.cfm?section=article&storyid=962>
>
>
> HoweStreet.com
>
> Greg's Note: After coming up for air from his recent and well- 
> received book review of Red Star Rogue, our intrepid correspondent  
> Byron King goes back to the oil patch. Or maybe we should say the  
> Big Oil patch. This time around, and far removed from the stripper  
> wells of Titusville, Byron comments on a recent, disturbing report  
> concerning the oil reserves of Kuwait. The title of Byron's article  
> says it all.
> NO, MAKE IT A LOT WORSE. Word just came out that Kuwait, long  
> regarded as home to some of the world's largest reserves of  
> petroleum...
>
> <http://www.howestreet.com/story.php?ArticleId=1959>
>
>
> Peak America – Is Our Time Up? By Pat Murphy
>
> To round out the picture, we are the only G7 nation that does not  
> provide health care as a right to its citizenry. Higher education  
> is increasingly becoming too expensive for average families in the  
> U.S. Protection of our environment is under continuous attack. And,  
> while tax cuts make the rich even richer, Congress seeks cuts in  
> domestic programs to pay for an oil war. If these are our  
> priorities at home, there is little wonder that we are dimming as a  
> “shining light” of freedom and democracy in the world.
> It is tragic to view this new culture...
>
> <http://www.countercurrents.org/po-murphy260106.htm>
>
>

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