Global

Douglas Westwood newsletter on peak oil

staff writer, Douglas Westwood

In our
view,
the recent high prices are just a practice run. The following is
drawn from
our recent research reports.

archived May 20, 2004
	

'The Oil We Eat' Following the Food Chain back to Iraq

Richard Manning, Harpers

The journalist's rule says: follow the money. This rule, however, is not really axiomatic but derivative, in that money, as even our vice president will tell you, is really a way of tracking energy. We'll follow the energy.

archived May 23, 2004
	

CERA examines possible global impact of China's energy situation

By OGJ editors, Oil and Gas Journal [US]

"China's growing weight in world consumption virtually assures a heavy long-term impact on energy prices, trade, and investment. In a decade, China has gone from self-sufficiency to being the most dynamic factor in the world oil market and one of the main elements in today's $40-plus per barrel price," said the report by Daniel Yergin and Scott Roberts.

archived May 16, 2004
	

Oil shock to thrust gas, alternate energy forward

By OGJ editors, Oil and Gas Journal [US]

Predicting another oil shock, analysts John Westwood Ltd., Canterbury, England, said depleting oil reserves, coupled with growing energy demand, will result in sustained oil price increases, greater capital investment in natural gas production, drastic conservation regulations, and fevered development of renewable energy substitutes funded by "windfall" profits.

archived May 16, 2004