ASPO Newsletter 51, March 2005

The US Department of Energy reports the origin of the country’s
4.4 Gb of annual imports. The two largest suppliers are its neighbours
which have lost a degree of sovereignty under NAFTA, and are more
or less forced to deliver. In fourth place is Venezuela, which now seeks
new customers (see Item 500).

Most of the others are major exporters,
but what stands out as remarkable is the presence of the United Kingdom
which itself becomes a growing net importer from 2006 onwards.
Since American companies own rights to many of the North Sea fields,
they are of course at liberty under the present regime to export to their
home country, but it is strange for a country to feed someone else while
starving itself of this vital ingredient for its economic survival. When
its voters start to have to walk to work they may deliver a message encouraging their government to abandon the mindset of the First Half of
the Age of Oil, and recognise the old adage that charity begins at home.

ASPO [pdf]

489. Oil debate revving up
493. Doubts about Nuclear Energy
494. Country Assessment – Malaysia
495. Bishop Wolfstan saw it coming in 1014
496. ASPO International Workshop in Lisbon
497. Depletion Conference in Scotland
498. Doubts about Nuclear Energy
500. Venezuela’s new ties Russia and China
501. The IEA deserves Praise on its Limitless Planet
502. Profit and Profiteering
503. Climate Change
504. The US Department of Energy addresses Peak Oil
505. Decline in the Deepwater Gulf of Mexico
506. Indonesia contemplates leaving OPEC
507. Heresy is alive and well
508. Recognition of Peak
509. New Book and Film address Depletion
510. Exporting birthright

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