Fromtheold
Cape TownThursday, August 28, 2008
Peak Oil News Links of 17 June 2008
Tuesday, June 17, 2008, 23:34
This news item was posted in News category and has 0 Comments so far.
 The Age |
Oil’s Gains Are Due to Fundamentals, Not Speculation
Seeking Alpha, NY - 16 Jun 2008 The ASPO (Association for the Study of Peak Oil and Gas) has predicted that the peak in global oil production would occur in 2010. … Oil prices mark the need for alternative energy sources Business Report The crude oil soap opera from Saudi Arabia Commodity Online Leading article: The oil era reaches its desperate endgame Independent Gulf Times |
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Ex-British Army Chief in Iraq Confirms Peak Oil as Motive for War …
OpEdNews, PA - 11 hours ago by Nafeez Mosaddeq Ahmed Page 1 of 2 page(s) Brigadier-General James Ellery CBE, the Foreign Office’s Senior Adviser to the Coalition Provisional Authority … |
 Citizen |
Fade to black: is this the end of oil?
Independent Online, South Africa - 15 Jun 2008 The “peak oil” theory - that oil production has reached its maximum and will soon begin its decline, bringing potentially catastrophic consequences to the … ICE, ICE, Baby North Platte Bulletin Oil’s future Otago Daily Times |
 Sify |
Oil prices will hurt Jihad Inc
Sify, India - 14 hours ago Peak Oil theorists say that it must occur whenever global oil production peaks and starts declining. The current circus in Iran-Iraq may have triggered it a … |
 Hindu Business Line |
Peak Oil Review — June 16th, 2008
International Business Times, NY - 22 hours ago The week started with oil prices falling by $7 a barrel from the previous weeks all-time high of $139.12 on the general perception that prices were too high … Oil prices: Correction on cards Hindu Business Line Could the Saudi Oil Meeting Matter? istockAnalyst.com |
 Loughborough News |
“Get Used To High Oil Prices” says Loughborough MP
Loughborough News, UK - 1 hour ago However world production has been decreasing for the last few years, with some speculators saying that the peak production was in 2005 (Peak Oil). … |
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The Ups and Downs of Giving a Peak Oil Presentation
The Oil Drum - 23 hours ago Since returning to Melbourne two years ago after working in the North Sea oil and gas industry, I’ve given a peak oil presentation to varied audiences on … |
 WorldChanging |
The Nexus of Peak Oil, Climate Change and Infrastructure
WorldChanging - 16 Jun 2008 But, argues Dynamic Cities Project founder Bryn Davidson, unless we take Peak Oil into consideration, we may end up in a situation that pits energy security … |
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Condos or Carrots: Vancouver’s food security
Vancouver Sun, Canada - 3 hours ago Amid all the talk about peak oil and food security is the elephant in the room: The Fraser Valley is the best bit of agricultural real estate in Canada and … |
 NECN |
Learning From the Oil Shock
Newsweek - 14 Jun 2008 The world may have arrived at the equivalent of Peak Oil. Old fields are in decline, while governments limit new oil projects. Please fill in the following … High Oil prices By the Numbers About - News & Issues The Oil Drum The Oil Drum We must look to alternative energy sources Journal Review Western Standard- Shotgun Blog - The Oil Drum |
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ECOSPECTIVE: Peak oil – worry now
LondonTopic.ca, Canada - 16 Jun 2008 Most of us understand the results of peak oil. It isn’t when we run out of oil, it’s when demand is higher then production. It’s called Hubbert peak theory … |
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With crude oil prices skyrocketing, companies are squeezing every …
MLive.com, MI - 16 Jun 2008 He and other area oilmen say they believe in the theory of peak oil, postulated by Shell Oil geologist M. King Hubbert, who predicted in 1956 that US oil … |
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The speculation on oil prices is beating up supply-demand issues
Journal of Turkish Weekly, Turkey - 17 hours ago However, the peak oil part of the story has also an effect on this. If you are watching NYMEX futures closely like I do, you should have noticed the change … |
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Corn Continues Skyward As Traders Assess Flooding’s Toll; Oil …
Investor’s Business Daily (subscription) - 18 hours ago Gold rose 3%, copper struck three-week highs, and cocoa hit a 28-year peak. Oil closed slightly lower after rallying during the session to an all-time peak … |
 ITV.com |
Peak Oil In Europe: A Preview
EcoWorldly, San Francisco - 15 Jun 2008 As the price of oil continues to climb, we are beginning to get a glimpse of what the post peak-oil world may look like, and it’s not entirely pretty. … Fuel Strike: Petrol Stations Braced For Busy Day As Shell Delivery … MyFox Washington DC |
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Then Rudd said ‘Let there be osteopaths’
Sydney Morning Herald, Australia - 6 hours ago Like peak oil, the thesis behind this is that the world’s store of back specialists will soon begin to deplete as would-be chiropractors and osteopaths … |
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Oil Shock: A Primer to the Peak Oil Versus Short-Term Speculation …
AlterNet, CA - 11 Jun 2008 On one side is the “Peak Oil” crowd, who believe that the world has now reached its maximum daily oil output and that increasing demand — which is already … |
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Years of frenzied speculation on commodity markets
Socialist Party, UK - 11 Jun 2008 Some experts argue that ‘peak oil‘ has already been reached and from now on reserves will inevitably decline. In any case, recently discovered reserves are … |
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Why is the price of oil so high?
Atlanta Journal Constitution, USA - 14 Jun 2008 One answer is “peak oil.” That argument — dismissed a few years ago as alarmist, wacky or worse — now receives a more serious hearing. … |
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Gottliebsen: The oil imbroglio
Business Spectator, Australia - 19 hours ago The Saudi’s would love to open up the valves to move the oil price down but they simply don’t have the capacity to do it (Peak oil gathers steam, June 10). … |
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What’s in your future as oil prices rise?
Telegraph-Journal, Canada - 16 Jun 2008 About two years ago, my first columns looked at peak oil and the gradual decline of oil production that would be coming soon. A shortage would raise prices … |
 Maktoob Business (press release) |
BP’s review of global reserves is tainted by ‘political’ oil, and …
guardian.co.uk, UK - 12 Jun 2008 Those of us who worry about peak oil know about a few of these bad apples. That is one of the many reasons we are worried. Opec decided to set its annual … Hamish McRae: Our focus is on oil, but Old King Coal is very much … Independent BP chief’s bleak view on oil crisis as production gap keeps widening Times Online BP CEO: oil markets will save us The Oil Drum guardian.co.uk - guardian.co.uk |
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Less Power to the People
RedOrbit, TX - 21 hours ago It has taken a long time for the expression “peak oil” to embed itself into national consciousness, and there is still confusion as to exactly what it means … |
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More drilling won’t help
Roanoke Times, VA - 15 hours ago The supply side is even more problematic, traceable to the concept of Peak Oil, mentioned in neither commentary. Succinctly, the extraction of any finite … |
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Oil: Why We’re in Trouble
OhmyNews International, South Korea - 3 hours ago Right now Russian oil production has reached a plateau, with many peak oil experts citing an imminent 3-4 percent depletion rate for Russian megaprojects. … |
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West Gloucester Church presents ‘Green Film Festival’
Wicked Local Gloucester, MA - 23 hours ago 23: The Power of Community — Want to know what living in a post-Peak Oil world actually looks like? Find out in this look at how Cuba pulled it together … |
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Richard Heinberg to speak June 25 at “Pie & Politics”
BusinessNorth.com, MN - 16 Jun 2008 His talk is titled “Peak Oil and the US Economy: Will Our Fossil Fuel Addiction End Before It Ends Us?” Coordinator Mary Rehwald said, “This event has … |
 California Progress Report |
Global Warming and Oil: California Leads the Way With Many Silver …
California Progress Report, CA - 8 hours ago There is no silver bullet to cope with global warming and peak oil (which really are just different facets of the same crisis), but there are a lot of … |
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Oil crisis: £100 to fill up the tank? Just get used to the idea
guardian.co.uk, UK - 14 Jun 2008 Now the overriding concern is whether we are reaching the end game, the era of ‘peak oil‘ and the point when the world is at maximum production, … |
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Oil: Dig Up Your Own
Political Affairs Magazine, NY - 15 Jun 2008 Peak Oil is a scam. When looked at superficially and if one’s outlook is that of the status quo, it sounds logical: when you have a finite resource, … |
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Libya says oil supply problem lies ahead
Reuters - 12 Jun 2008 “It is the erosion of the dollar, it is geopolitics, is refinery bottlenecks, it is the increase in demand, it is peak oil getting soon. … |
 New Statesman |
After the oil crunch?
New Statesman, UK - 12 Jun 2008 As Chris Skrebowski, editor of the UK Petroleum Review, puts it: “This is what I would describe as the foothills of peak oil.” An imminent oil peak is no … |
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Why the mainstream financial press gets it wrong
Stockhouse, Canada - 16 Jun 2008 Since we are in the era of Peak Oil, this automatically suggests that supplies will be limited in the future due to the availability of energy for … |
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Stories tagged with peak oil
The Oil Drum - 12 Jun 2008 One of the threats from peak oil is the potential for financial ruin as oil prices run up. If you were invested in airline or automotive stocks through the … Acting locally on energy issues The Oil Drum Discussions about Energy and Our Future The Oil Drum |
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Canada worthy of global buzz
Calgary Herald, Canada - 10 hours ago He has since become a peak oil disciple, reading everything he can find and attending conferences on the subject. His first investment, thanks to some … |
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Peak Oil paranoia on path to presidency
Thought Leader, South Africa - 12 Jun 2008 ASPO is an outfit born out of “Peak Oil” alarmism, a group of assorted environmentalists, socialists, economic illiterates and special-interest lobbyists, … |
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The Peak Oil Crisis: The Summer Ahead
Falls Church News Press, VA - 12 Jun 2008 The situation is not good. Our average gasoline price just climbed past $4 a gallon and all indications are that it will continue to rise. … |
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Dollar/Krone Relationship A Sign Of Peak Oil?
Seeking Alpha, NY - 12 Jun 2008 I was quite amazed at the amount of negative response received from European posters on the ECB post. I still believe the ECB is making a mistake. … |
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Why is the cost of living going up?
Moneyweb, South Africa - 14 Jun 2008 Welcome to Peak Oil! The basis of the argument of Peak Oil is that at some time during the extraction of oil from the oil fields there comes a time where … |
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Iraqi oil and peak oil: our true ‘flawed intelligence’
Tallahassee Democrat, FL - 10 Jun 2008 Down in mythical Mosquito County, the Sunshine Reporter emerged from retirement long enough to talk with freshman journalists over at the community college … |
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Rod Dreher: Localizing a global oil problem
Dallas Morning News, TX - 15 Jun 2008 This is called peak oil. Last week, economic analysts said Americans have never before spent a greater portion of their income on energy costs. … |
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What they said on hot energy topics
Reuters - 11 Jun 2008 (Peak oil: the concept that global oil production is near a peak after which it will decline sharply.) - Abdullah ad-Badri, OPEC Secretary General: “We are … |
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Colin Campbell on Oil
Dossiers Du Net, France - 13 Jun 2008 He is the Convener and Editor of the Association for the Study of Peak Oil and a Trustee of the Oil Depletion Analysis Center in London. … |
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Talking peak oil in the heartland
Energy Bulletin - 10 Jun 2008 by Kelpie Wilson Arriving in Grand Rapids, Michigan for the ambitiously named “International Conference on Peak Oil and Climate Change,” I could see that … |
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All the signs are coming clear and worse, peak oil is near
Belleville Intelligencer, Canada - 11 Jun 2008 I went back to see when I first mentioned the phrase PEAK OIL, and discovered that it was way back in 2003: five years ago. So the event should not be a … |
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Saudi Arabia’s Crude Oil Reserves Propaganda
The Oil Drum - 15 Jun 2008 Peak oil theorists, such as one of Aramco’s former executives, Sadad al-Husseini, do not believe that oil will run out but instead decline slowly. … |
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The Oil Drum
The Oil Drum - 12 Jun 2008 One of the threats from peak oil is the potential for financial ruin as oil prices run up. If you were invested in airline or automotive stocks through the … |
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We are living in the future shock
Stuff.co.nz, New Zealand - 14 Jun 2008 By FINLAY MACDONALD Climate change, terrorism, financial instability, peak oil, soaring food and fuel costs… whatever happened to the future? … |
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Step program for gasoholics
The Oregonian - OregonLive.com, OR - 14 Jun 2008 One year ago, the Peak Oil Task Force delivered a report to the City Council, but the whole region needs to mobilize Think of it as a commuter version of … |
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My name is America, and I’m a petrol-holic
SIU - Daily Egyptian, IL - 3 hours ago Increased demand from China and India coupled with our abysmal dollar coupled with peak oil coupled with Middle East unrest coupled with the Giant’s Super … |
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Raising alarm over oil supply
Albany Times Union, NY - 10 Jun 2008 For those unfamiliar with it, peak oil is the point at which world oil production hits its peak and then starts declining. … |
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Global warming and resource depletion are hot topics
Gasworld.com (subscription), UK - 6 hours ago “Peak-oil” has reached that level in many countries. In Australia itself, the country was 100% self sufficient in own oil in 2000, it is currently down to … |
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High Oil Prices Start to Work. Is It Enough?
istockAnalyst.com, OR - 10 Jun 2008 Skrebowski told a meeting of ASPO (Association for the Study of Peak Oil) in October, 2007 that there are so few new oil fields scheduled to come on stream … |
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Emerging Markets Mega Trend Investing
The Market Oracle, UK - 8 hours ago … to utilising their wealth wisely towards a programme of build infrastructure and industry to enable the countries to continue growing beyond peak oil. … |
 Environmental Data Interactive |
Recession ‘inevitable’ while UK economy depends on oil
Environmental Data Interactive, UK - 11 Jun 2008 Mr Snowden, who recently addressed the All-Party Parliamentary Group on Peak Oil and Gas, said the accelerating cost of oil marks the approach of a peak in … |
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Experts divided on when or even if oil bubble will burst
The Canadian Press, CALGARY - 15 Jun 2008 … in by new oil discoveries, particularly in offshore Brazil, said Lauerman, who does not buy the argument that the world has hit its peak oil production. … |
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Summit explores energy Alternative sources focus of conference
Daily Hampshire Gazette (subscription), MA - 1 hour ago For all the publicity about climate change and “peak oil,” most people are interested in alternative energy systems primarily because of rising fuel prices, … |
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“Best-kept secret” locally is a familiar firm worldwide
Denver Post, CO - 14 Jun 2008 Where do you stand on the “peak oil” theory that production will peak in coming years and then gradually decline? A: Nobody doubts that oil is a finite … |
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UN: UNITED NATIONS BRIEFING AND TV - QUESTIONS AND ANSWERS: MONDAY …
MaximsNews Network, NY - 19 hours ago In the era of climate change and peak oil and all these issues, an increase in oil production doesn’t seem to deal with the systemic issues in the market. … |
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TD urges investors to heed demand side of oil story
Globe and Mail, Canada - 12 Jun 2008 Move over, peak oil supply: TD Bank is running with the idea that the world will soon become more interested in peak oil demand, which should cool the rally … |
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Oilwatch Monthly - June 2008
The Oil Drum - 15 Jun 2008 ASPO The official site of the Association for the Study of Peak Oil & Gas. Energy Bulletin Clearing house for news regarding the peak in global energy … |
 Calgary Herald |
Crude Futures Expiring
RightSide Advisors, CA - 14 Jun 2008 Don’t forget the Association for the Study of Peak Oil (ASPO) is holding their annual conference in Sacramento on Sept 21-23rd. … The Anti-Dollar HoweStreet.com |
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How Do We Go from Empire to Earth Community?
AlterNet, CA - 22 hours ago Peak oil, climate chaos, financial collapse, and spreading social disintegration are all consequences of deep cultural and institutional dysfunction. … |
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Turning Off the Taps
HoweStreet.com, Canada - 11 Jun 2008 While the experience of North Sea oil production provides yet another useful example of the validity of the Peak Oil theory, what concerns us today is a … |
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Plug-In Hybrid Leads Toyota’s Drive to Move Beyond Oil
Wired News - 11 Jun 2008 Watanabe’s reference to peak oil echoes that of GM CEO Rick Wagoner, who in explaining the company’s decision to shut down four truck factories said rising … |
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The US$14.75 Gallon is here, NOW.
Technocrat.net, MA - 10 hours ago Given the “if not peak oil the as near as makes no difference” plus “who wants to be left holding devaluing greenbacks” speculation plus the UK fuel tanker … |
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Relieving the petrol price pressure
GreensBlog, Australia - 14 hours ago What a pity that the PM continued to ignore peak oil and blithely claimed that no-one can know what will happen to oil prices. Just because ABARE is so bad … |
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Posted by Clark Williams-Derry
The Daily Score, CA - 11 Jun 2008 (More on peak oil here, and lots of other places on the internet.) Of course, oil industry analysts have scrambled to claim that there’s no geological peak. … |
 Pique newsmagazine |
Many questions, many opportunities
Pique newsmagazine, Canada - 12 Jun 2008 Thanks to GD Maxwell for touching on the often misunderstood subject of Peak Oil. This letter may be of interest to those either unfamiliar with or … |
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News Briefs
Idaho Mountain Express and Guide, ID - 12 Jun 2008 Community Rising, a group of citizens concerned with the effects of “Peak Oil” and climate change, will gather at the Community Library on Wednesday, … |
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Man Is His Own Worst Enemy
Gold Seek - 16 Jun 2008 … and its unrelenting rise into increasingly deteriorating economic fundamentals, I can tell you categorically it’s more than the above, or peak oil, … |
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Will an Obama victory bring down gas prices?
Manila Times, Philippines - 16 Jun 2008 There’s the idea of peak oil—that we reached that point of maximum global petroleum production after which can only follow terminal decline. … |
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Investing In a Resource-Constrained World (Part V)
Seeking Alpha, NY - 12 Jun 2008 In a previous article I touched the topic of Peak Oil and even mentioned the Malthus Theory. The validity of both theories can not be disputed because both … |
 ESPN Magazine |
THE ULTIMATE RACE
ESPN Magazine - 13 Jun 2008 Suspicions focused on the last race, when Global Warming, which had a pedestrian showing at best, beat Peak Oil just as the Oilers set yet another record. … |
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Outraged Consumers Look to Sustainable Fuel Solutions for Gas …
Earthtimes (press release), UK - 16 Jun 2008 … when correctly produced, alcohol fuel is a readily-available solution to climate change, peak oil concerns, pollution, tropical deforestation and that … |
 This is Money |
Food and oil prices ‘may be high for years’
This is Money, UK - 13 Jun 2008 We could be at peak oil now and peak oil means Old King Cole, you walk right up one side of the hill and then down the other side, there is no plateau. … |
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Tuesday: Around the political blogosphere
Kansas City Star, MO - 8 hours ago MO Common Sense continues to talk about peak oil and points a finger at President George W. Bush for the current consumption issue. |
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Commodity Speculation : Is It Bad?
istockAnalyst.com, OR - 12 Jun 2008 While I believe in the idea underlying peak oil, I think oil will peak out long after there are alternatives available - thus the negative effects of peak … |
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Energy scholar starts climate series
Evansville Courier & Press (subscription), IN - 10 Jun 2008 That began what has become not just an enduring interest but a full-fledged campaign to educate people about what has come to be known as “peak oil” — the … |
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Food verses fuel myth unraveled
Grenfell Record and Bland Advertiser, Australia - 10 Jun 2008 Peak Oil analyst Mr Matt Mushalik told Australian Farm Journal he is not surprised by the current dramatic increases in fossil fuel prices. … |
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Top 10 reasons to blame Democrats for soaring gasoline prices
American Thinker, WA - 15 Jun 2008 … are still being propped up by a shortage of refinery capacity and there is little sign of the bottleneck easing until 2010,” according to Peak Oil News. … |
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Why This Scarce Resource is the #1 Investment Opportunity of the …
Sovereign Society, FL - 12 Jun 2008 But if you can set aside peak oil and the indisputable global food crisis for a moment, I want to talk about another threat facing the global economy. … |
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Outraged Consumers Look to Sustainable Fuel Solutions for Gas …
istockAnalyst.com, OR - 16 Jun 2008 … toclimate change, peak oil concerns, pollution, tropical deforestation and thatit in no way decreases or impacts food availability or production. … |
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Candice Beaumont Selected as Speaker at the 14th Global …
Earthtimes (press release), UK - 12 Jun 2008 Candice Beaumont was one of the early advocates of the peak oil theory, having made a very bullish prediction on oil at $28 per barrel a few years ago. … |
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Best policy is made at equator, not poles
Minneapolis Star Tribune, MN - 13 Jun 2008 Even putting aside environmental, global warming and peak-oil issues, we must quickly replace oil to stop bankrolling terrorists and dangerous regimes … |
 Times Online |
After the credit boom comes the long and painful squeeze
Times Online, UK - 14 Jun 2008 While mainstream opinion dismisses the idea that the world is already producing the maximum that it can – so-called peak oil – all agree that finding and … |
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Credit Liquidity and H2O Liquidity Are Both Drying Up
AlterNet, CA - 22 hours ago Floods, deforestation, fresh water depletion, “Peak Oil,” fish stock depletion, nuclear waste, to name a few. Insurance companies are pulling back and bank … |
 Sydney Morning Herald |
When is a bike not a bike? When it’s electric
Sydney Morning Herald, Australia - 15 Jun 2008 It just seems absurd … when we are worrying about anything from peak oil to greenhouse gases to parking, to make these things illegal. … |
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Welch holds Town Hall forum over the phone
BurlingtonFreePress.com, VT - 11 Jun 2008 “We have reached peak oil … and we will not be able to find an alternative.” “I don’t see it as doom and gloom,” Welch said. “I see it as a challenge that … |
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Why City analysts don’t know what they’re talking about
MoneyWeek (Subscription), UK - 12 Jun 2008 They dismissed the peak oil theory as the blathering of kooks and considered predictions of $50 a barrel to be the height of insanity. … |
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Too Long in the Bluetooth for This
RedOrbit, TX - 12 Jun 2008 Although, with Peak Oil, what then seemed deeply oddball now seems future-focused. So when I was fortunate enough to have my old computer upgraded to a … |
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Nick Wechsler Fuels Joe Hill and Stephen King’s ‘Throttle’
Cinematical, CA - 3 hours ago Everyone was afraid of cars in those days — and what with global warming and peak oil, it’s time to be again, right? |
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Subprime ball game now in 7th inning, Gartman says
National Post, Canada - 12 Jun 2008 Embry said he “defers to Eric Sprott, who believes in peak oil. I share his point of view.” Embry, ever bullish on gold, predicted that the next time the … |
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Just say “I don’t know”
California Catholic Daily, CA - 15 Jun 2008 When asked what he thinks is causing global warming or whether we’ve reached peak oil or whether DDT is as dangerous as was claimed or any such business, … |
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Honda begins production of fuel cell vehicle - Peak Oil
Cherry Creek News, CO - 16 Jun 2008 American Honda Motor Co., Inc., announced five of the first customers for its advanced new FCX Clarity hydrogen fuel cell-powered vehicle and also provided … |
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Solutions to the global food crisis
Green Left Weekly, Australia - 14 Jun 2008 She pointed to the connection between rapidly rising oil prices and “peak oil”, as well as the destructive effects of climate change and weather extremes on … |
 Sify |
Aamir Khan looks set for more
Sify, India - 16 Jun 2008 I thought it would be difficult to convince him to take over as he was ensconced in Coonoor busy with projects such as Global Warming and Peak Oil and … |
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A dark shade of green
National Post, Canada - 13 Jun 2008 James Howard Kunstler, author of the cranky anti-sprawl manifesto Geography of Nowhere and the alarmist peak-oil diatribe The Long Emergency, is, … |
 Sky News |
‘Fuel Prices Will Come Down - One Day’
Sky News, UK - 11 Jun 2008 But just when we hit ‘peak oil‘ - after which time the supply diminishes - is still open to heated discussion. There is a fundamental lack of knowledge … |
What will happen to the oil price?
MoneyWeek (Subscription), UK - 13 Jun 2008
Then, of course, there’s the increasingly mainstream theory of ‘Peak Oil’ (see below). All of the above factors have been obvious for a long time. …
MoneyWeek (Subscription), UK - 13 Jun 2008
Then, of course, there’s the increasingly mainstream theory of ‘Peak Oil’ (see below). All of the above factors have been obvious for a long time. …
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