Book Interview

Ronald R. Cooke, Author
“Oil, Jihad and Destiny: Will Declining Oil Production Plunge Our Planet Into a Depression?”

Financial Sense Online

Earth’s energy dilemma: To use or not to use fossil fuels

…The frightening frequency at which oil prices have hit new peaks this year is symptomatic of a deeper problem – the supply-demand picture for oil is becoming untenable.

…In the longer term, oil experts allude to what is known as Hubbert’s oil peak – an influential theory that predicts when global oil supply will hit a ‘peak’ some time in the next 20 to 30 years before trending down to zero.

The irony behind the quest for oil substitutes lies in the movement of oil prices – while every spike forces countries to look for alternatives, high oil prices also drive oil firms to forage harder for new wells.

What could tip the balance, say analysts, is a growing consensus that high oil prices are here to stay…

The Straights Times

Is the world facing a 3rd oil chock?

IEA presentation:IEA

Nigerian army warns oil rebels

Nigeria’s military has warned an armed group in its oil-producing area it will take off the “kid gloves” unless the militia stops threatening oil workers.
The militia said foreign oil companies must cease production or face “all-out war” in the Niger Delta from 1 October.

http://news.bbc.co.uk/1/low/world/africa/3695990.stm

Depopulating Asia

transcript: Sly Foxx Morning Show, Robert’s Creek Community Radio Sept 27 04 9:07AM Sly: Welcome back gang for our final segment this morning and our guest, long time Creeker and now surprisingly famous global futurist, Stan Doffish of Pacific Fringe Consulting. Hi Stan good to see ya again. Stan: I was misquoted in the Vancouver […]

Crude oil breaches $50 a barrel

World oil prices ruptured fresh records on Tuesday, as US light crude punched through the $50 a barrel mark. US light crude leapt to $50.35 a barrel in Asian trade by 0450 GMT on Tuesday, steaming past its record close of $49.64 in New York on Monday night. …. World oil prices ruptured fresh records […]

Oil hits record on Nigeria fears

LONDON (Reuters) – Oil prices have surged to new record highs near $50 for U.S. crude as Nigeria emerges as the latest focus for worries about supply security on world energy markets. U.S. light crude gained 86 cents to $49.74 a barrel on Monday, the highest in 21 years of trade on the New York […]

Fuel costs already on the rise

The cost of heating a home will stretch household budgets to the breaking point this winter, when natural gas and heating oil prices could exceed historic highs. StandardTimes

Interesting 1979 Congressional Testimony

Here’s a blast from the past….discusses various oil production forecasts and methodology by the EIA, IEA, and……the CIA..

Perhaps someone has some more recent estimates of future production by the CIA…or, peehaps, can foresee the possibility of getting them by legislative request? (Hint: Call your Congresssperson!) Then we’ll find out how worried we should be!

1979 CBO Testimony

Oil Has Peaked

September 23, 2004 For 15 years, retired geologist Colin Campbell has warned of the approaching end of the age of oil and the dire consequences for the world should that happen. Although experts hotly debate the issue, it has drawn little attention from the average consumer. But now, with the price of oil reaching $50 […]

Shell makes major oil discovery

Nanoscale platinum could bring hydrogen fuel-cell advances

Researchers from Sandia National Laboratories and the University of New Mexico have developed a new way to mimic photosynthetic proteins to manipulate platinum at the nanoscale… …Because the porphyrin remains attached to the platinum nanostructure and active in the presence of light, it can also perform other functions besides growing itself. For example, when exposed […]

Interview with Campbell in the online Magazin of the Swiss NZZ

In the online Magazin of the NZZ is an interview with Campbell. The Interview is in german. The remarkable thing about this is that the NZZ is the biggest conservative Newspaper in Switzerland. I do not know if there is an article in the print version. http://www-x.nzz.ch/folio/curr/articles/interview.html

Eyeing the bear as blame game starts

From Petroleum Review – Editorial – October 2004: “Most agree that recent oil discovery has been disappointing, that there is a lack of new capacity and a dangerously small margin of spare capacity. Candidates for blame include – lack of investment by Opec, lack of investment by the oil companies, lack of exploration by oil […]

Winning the Oil Endgame

source

China May Invest $12 Billion in Russia

Are We Getting Too Rich Too Fast?

Albertans fear their growing energy windfall is becoming an irresistible target for Ottawa Calgary Herald The books balanced, the debt eliminated and coffers continuing to overflow, Alberta has become a super province at age 99. Don Martin toured Alberta, talking to political and business leaders about a vision for the next 100 years, and the […]

US dollar may devalue further

From Aljazeera: “The dollar is likely to be devalued to deal with the booming trade deficit in the United States, raising the prospect of global financial instability.”Aljazeera

Asia switches slowly to green power

SINGAPORE (Reuters) — Rising oil prices and pollution are fueling interest in green power in Asia but experts see no prospect of a rapid switch from the region’s growing dependence on oil, coal and gas. cnn

As a political issue, national energy policy lacks power

By PAUL ROBERTS Is it just me, or are the presidential candidates going out of their way not to talk about oil? Given the high price of crude, given the growing vulnerability of the global oil system, and given that many voters believe that Iraq is at least a little bit about oil, you’d expect […]

Britain less vulnerable to higher prices than other big economies

From FT: “But although Britain is not immune to the negative effects of higher oil prices, it is less vulnerable than its peers among the big economies because it produces about as much oil as it consumes.”http://news.ft.com/cms/s/1c800796-05ef-11d9-bff2-00000e2511c8.html

OPEC – Pay no attention to the man behind the curtain

It’s the oil, stupid

Storms and terrorists and increasing consumption proves that energy is the heart, and the problem.September 14, 2004: 8:28 AM EDT NEW YORK (CNN/Money) – I can’t help but think back to the recent roaring 1990s, when so many smart tech-stock pickers, and technology fund managers told us that energy prices didn’t matter — we had […]

Twilight In The Desert: The Fading Of Saudi Arabia’s Oil

Matthew Simmons presentationSimmons

Even remote patches of oil are starting to look more and more attractive

Market is in charge as OPEC’s clout fades – NYT

Market is in charge as OPEC’s clout fades Jad Mouawad – NYT Cartel faces dilemma as prices fluctuate Early last summer, OPEC looked as though it had successfully absorbed tremendous shocks to the oil market – a strike in Venezuela, ethnic clashes in Nigeria, attacks on foreign workers in Saudi Arabia, a war in Iraq. […]

Oil find just the start

Two new oil discoveries in South Australia’s Cooper Basin have given Beach Petroleum confidence there is plenty more to be found.

heraldsun.news.com.au

Dow Average Stocks Drop as Oil Prices Rise

“We’re in a period of economic slowdown and oil is the final straw,” said Patricia D’Ille, a fund manager at Banque Privee St. Dominique in Paris, which oversees $2.45 billion in stocks and bonds. “An increase in oil prices weighs on margins. It will have an impact on stocks.”

http://quote.bloomberg.com/apps/news?pid=10000103&sid=aPMBrZ1MHnfU&refer=us”>

They think it’s oil over – but they’re wrong

THERE are few compensations from getting older, but one is how smug you feel when fashions come around again the second or third time. For instance, in Monday

Demand Could Soon Outstrip Supply – CNN/Money

A respected oil-forecasting group predicted that the energy industry may be unable to produce enough oil to meet projected demand by the end of the next decade, in a study that lends support to a small chorus of analysts who warn that a peak in petroleum output is looming in the years ahead, The Wall […]

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