Download Full PDF 1. Oil and the Global Economy Oil prices fell until Friday last week when they bounced up $1.31 a barrel to close at $76.49. As usual, the Continue Reading
What do former Green Party Presidential Candidate Ralph Nader, Rear Admiral Lawrence Rice, former secretaries of defense and energy Dr. James Schlesinger, Human Rights and Environmental Campaigner Bianca Jagger, former CIBC Chief Economist Jeff Rubin, and Republican Congressman Roscoe Bartlett have in common?
Download Full PDF 1. Oil and the Global Economy After undergoing a $4 bounce last week occasioned by the leak in the Enbridge oil pipe outside of Chicago, prices fell Continue Reading
The Northeast US, where I live, has a particularly acute sensitivity to oil prices because 82 percent of the households heating entirely or partially with oil are in this region. Natural gas lines simply don’t go out to many exurban or rural areas in the Northeast, so in Maine, Vermont, New Hampshire and in Northern New York, a disproportionate percentage of the population heats their homes with oil.
“The very words “Peak Oil” seem to often conjure up a scaremongering vision of empty highways. When our UK industry group (ITPOES), after much independent and unbiased research concluded that Continue Reading
In years past, there was considerable uncertainty in my mind about when the decline of world oil production might begin. Recently it became clear to me that it’s going to be sooner rather than later. I believe that the onset of the decline of world oil production is likely in the next two to five years. And when I say “oil,” I mean all liquid fuels.
ASPO-USA 2010 Peak Oil Conference Washington, DC, Oct 7-9 2010 Register Now Download Full PDF 1. Oil and the Global Economy Oil prices moved up from circa $74 a barrel Continue Reading
“The China-Pacific pipeline is the most important energy project in Russia since the opening of the gas pipeline to Europe–it means that Russia’s strategic importance to China has increased considerably.”