Yukos has suspended exports to the China National Petroleum Corporation, to which it was due to deliver one million tons before the end of the year, a Yukos spokesman told the Interfax on Sunday.
Jean Laherrere presentation: Note page 25: peak in fossil fuel consumption around 2025 and page 57: peak in global grain production maybe before oil peakhttp://www.oilcrisis.com/laherrere/HEC-long.pdf
The end of an era – California’s century-old oil economy fades ANDREA ALMOND Associated Press BAKERSFIELD, Calif. – On a slip of flat yellow earth dotted with sagebrush and foxtail lies the rusting legacy of three generations of drilling: a graveyard of toppled oil derricks – and Bruce Holmes’ solitary moneymaker. Like a squeaky steel […]
Oil Prices Lead to More Drilling, Production
LAWRENCE–Higher energy prices have pumped up Kansas oil production, according to geologists at the Kansas Geological Survey, based at the University of Kansas.
NEW DELHI, Sept 16 Asia Pulse – Aimed at developing an alternate to the fossil fuel to meet growing energy demand in India, the National Hydrogen Energy Board (NHEB) today sought a financial package including budgetary support of Rs 2.5 billion (US$54.1 million), and it will start a pilot project to use hydrogen as auto […]
Sure, the easy-to-find black gold is getting scarce. But Big Oil has a few cards left to play — no matter what the cost to the environment or the developing world. – – – – – – – – – – – – By Sonia Shah Sept. 15, 2004 | Are we “out of gas”? […]
What was that about Peak Oil again?
This truck gets 7 miles per gallon of diesel!
Explosive growth has made the People’s Republic of China the most power-hungry nation on earth. Get ready for the mass-produced, meltdown-proof future of nuclear energy. http://www.wired.com/wired/archive/12.09/china.htmlChina is staring at the dark side of double-digit growth. Blackouts roll and factory lights flicker, the grid sucked dry by a decade of breakneck industrialization. Oil and natural gas […]
When President Bush announced a new program last January to send humans back to the Moon, on to Mars, and beyond, he waxed eloquently about the spirit of exploration.
Exxon calls for off-limits oil to sate demand Thu Sep 16, 2004 07:36 AM ET VIENNA, Sept 16 (Reuters) – Oil producers’ struggle to keep up with rampant global demand growth will only be won with access to oilfields now off-limits, Exxon Mobil (XOM.N: Quote, Profile, Research) chief executive Lee Raymond said on Thursday. “The […]
The US has accused Saudi Arabia of severely violating religious freedom. In an unusual public rebuke, the US State Department put its key Arab ally on a list of states causing particular concern over freedom to worship. http://news.bbc.co.uk/1/low/world/americas/3660458.stm The US has accused Saudi Arabia of severely violating religious freedom. In an unusual public rebuke, the […]
“What is now plain is that the emission of greenhouse gases, associated with industrialisation and strong economic growth from a world population that has increased sixfold in 200 years, is causing global warming at a rate that began as significant, has become alarming and is simply unsustainable in the long-term. And by long-term I do […]
From BBC: “Humans are on the brink of a historic turning point – changing from being a rural to an urban species, a new United Nations report says.”http://news.bbc.co.uk/2/hi/talking_point/3655390.stm
Cartel delegates say the assumption that the Organization of the Petroleum Exporting Countries will legitimize existing quota-busting by raising official supply limits by a hefty six percent at Wednesday’s meeting could prove wide of the mark.http://news.yahoo.com/news?tmpl=story&u=/nm/20040913/bs_nm/energy_opec_dc_3
the demise of oil will create opportunities for expansion in other areas. This doesn’t necessarily give the green light for a manufacturing renaissance, but a prolonged period of appropriate sterling weakness would certainly help to end UK manufacturing’s seemingly endless relative decline.
Fifteen years after the end of the Cold War and in the wake of two wars in the Gulf and Iraq, all the world’s easy oil has been found. Today, the oil industry has to go to extremes to find new sources of the asset that drives the world’s economy and fuels so many aspects of modern life. EXTREME OIL crisscrosses the globe like the transcontinental pipelines themselves, exposing a wide range of issues — and meeting people who wrestle with the dilemmas of how to ensure the supply we need, at a price we will tolerate.
http://www.pbs.org/wnet/extremeoil/
University of Los Andes (ULA) professor Franz J. T. Lee writes: Do we really have a “World Energy Crisis”? Is there a global, historical connection between this “crisis” and the dramatic social events in Venezuela? And why is Latin America a revolutionary time-bomb?
http://www.vheadline.com/readnews.asp?id=22749
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Just by saying it doesn’t make it so! The International energy Agency and OPEC said oil production is outstripping demand by 1.5-2.0 million barrels per day. Baloney! If that’s the case, then where’s the oil?! It certainly didn’t show up in yesterday’s weekly reporting on supply from the API and the Department of Energy! According to the DOE, crude oil inventories dropped 1.4 million barrels and has overall crude stocks at a 5 month low. In the last 2 months crude stocks have fallen 19 million barrels. Just cause they say it doesn’t make it so! |
In a matter of weeks america goes to the presidential elections and next year the british go to the polls. the biggest voting agenda item is the
NORTH Sea oil output continued its decline in the first half, falling by 9.6 per cent year-on-year. The pound fell to a six-month low against the euro on the findings, amid fears that Britain is rapidly moving towards becoming a net oil importer. “The UK is losing its status as a petro-currency,” said the Centre […]
Lately I’ve spent a lot of time browsing the craigslist cities near me looking for a good diesel to buy, when lo and behold, the cars/trucks section now has a link to search “Peak Oil” at Google. For those unfamiliar with craigslist.org, it is a website with free classifieds in major cities.
This “Craig” clearly takes it seriously, considering the barebones pages have NO OTHER external links.
http://houston.craigslist.org/car/
One of these days you might find yourself tooling down the highway in a car that runs on flower power. Or maybe not. But at least that’s the goal of British researchers who say they have come up with a way to extract hydrogen from sunflower oil sunflower oil
Running as the Anti-Bush, Kerry has so far failed to craft a compelling theme for his campaign. Yet it is not at all difficult to imagine the Democrats building an inspiring message around energy. Americans’ relationship to energy underlies and ties together most of today’s headlines–gas prices, Middle Eastern terrorism and war, the environment, suburban sprawl, traffic-clogged roadways, the obesity epidemic. Talking about changing the way that we think about and use energy would give Kerry an entry point into discussing just about every hot-button issue in American life today.
Can you imagine life without gasoline, diesel fuel or home heating fuel? A huge portion of our industrial and domestic infrastructure has depended upon the availability of petroleum fuels throughout all of the 20th century. We heat many of our homes and workplaces, drive our automobiles, and propel our trucks, trains, buses, agricultural machines, ships […]
STAVANGER, Norway, Sept. 3 – It is a tale that Statoil’s explorers enjoy retelling. In 1992, the company decided to give up on an offshore tract after two exploratory wells came up dry. Management was getting nervous about the cost – $15 million a well – and was ready to cut its losses. The explorers […]
by Stan Moore (Sunday 05 September 2004) “A second Bush Administration promises to destroy the very fabric of American democracy and with it, the cohesion of American society.” ——————————- Richard Heinberg has a new book out that explores possibilities of societal reactions to the Peak Oil phenomenon, which has the potential to throw industrial society […]

a local energy analyst, took Pemex and the government to task in a newspaper column for “inflating expectations” of both reserve replacement and the country’s deep water prospects. “This is about geological structures likely to contain hydrocarbons that Pemex has identified through seismic studies,” Shields said, adding that the 54 billion barrel figure is “totally hypothetical.”
from NewColonist.com by Chip Haynes August,2001–”Ghawar is dying.” Could those three simple words signal the beginning of the end for the industrialized human civilization on Planet Earth? No one in a position of knowledge or authority has uttered them publicly yet, nor are they likely to for a few years to come. So we do […]
From FT: “The world has less spare oil capacity than it did on the eve of the 1973 oil shocks. Despite that, big international oil companies are ignoring the incentive of record-high oil prices and are not investing in finding and developing new fields.”http://news.ft.com/cms/s/f750f07c-00b0-11d9-9d96-00000e2511c8.html

Western oil companies are running out of likely places to look, and significant finds are growing rarer. With the most accessible areas either already picked clean or kept off limits for political reasons, exploration teams are having to push into harsher, more remote and less promising territory, where the costs and risks are high.
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