ASPO Newsletter – May 2008

…The new deepwater model has the effect of advancing the date of the overall peak of all liquids from 2010 to 2007, and is actually good news insofar as the lower and sooner the peak, the gentler the subsequent decline. The precise date is of no particular significance since it is not a high isolated peak, being no more than the maximum of a fairly gentle curve. But if correct, it might carry a certain psychological impact to recognise that the Second Half of the Oil Age has begun. Certainly this is consistent with the current world financial crisis, soaring oil and food prices, deepening recession, and consequential riots and political tensions in many countries. New military threats are being made against Iran, as the consumers become increasingly desperate for access to oil supply, much of which lies in the Middle East.

Mr Malthus must be turning in his grave.


1033. China Assessment Revised

1034. ASPO-7 International Conference

1035. Correction: Item 1029

1036. Power Cut

1037. A Call for a return to the Rail System

1038. An oil company tranquiliser

1039. A Matter of Time

1040. Revision of Depletion Model

1041 Saudi Arabia worries about the impact of Renewable Energy

1042. Words of Wisdom from Bolivia

1043. Does Britain face the onset of the Second Great Depression?

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