A weekly review including:
- Production and Prices
- The Iraqi auction – success or failure?
The debate about when the world will reach peak oil production is not a new one. But recently, as the price of crude oil has been unusually volatile, the issue of peak production has received heightened attention in the media, and the tone has changed in the discussions among oil industry and energy watchdogs about the future of global oil supply.
A weekly review from a UK perspective - "The first round in the great Iraqi oil sale was an interesting affair if not a very conclusive one. In the live TV auction which took place on Tuesday, only one deal was reached as international oil companies refused to meet the terms demanded...
If we are to have any chance of working our way out of this mess, we must avoid regressive thinking, stay calm, appreciate complexity, and think clearly about the right course of action. I’m going to take a proper look at speculation in the oil market to see what the problems are and what we might actually do about them.
...the ongoing healthcare debate in Washington is anachronistic. A future oriented analysis has to include two driving forces: first, the long-term consequences of the fiscal/economic crisis and, second, the arrival of geological peak oil...
A weekly round-up including:
- Prices and production
- The auction
BP shuts alternative energy HQ
ExxonMobil continuing to fund climate sceptic groups, records show
Oil companies reject Iraq's terms
Not “like” a Revolution, it IS a REVOLUTION!
The Oil Intensity of Food
Hell in earth
Agriculture and Food in Crisis
Nuclear power is well-disguised fossil fuel
Nuclear power must be part of energy solution
UK regulator raises French nuclear concerns
"We’re not going to have to help the oil industry. They already have all the help they need. I wouldn’t take away what they have but I wouldn’t add to it."(Charlie Maxwell is the life-long oil industry analyst viewed by Barrons’ magazine as their energy guru.)