Category: Other

There are more than 250 million vehicles on the road in the U.S., and of Continue Reading

It is hardly an exaggeration to say that humanity has reached a fork in the road, and future generations await our decision. Our energy & economic prospects are at stake, and these two necessities are inextricably linked. At such turning points, it is natural for apprehension to cloud our judgment. We want to hang on to what we have, or improve upon it, but our uncertainty is greater than our ability to discern the long-term future. The only things that seem clear are that the future will not resemble the past, and must not resemble it.

Crude prices started the week firmly as traders hoped for an improvement in the US Continue Reading

Layer upon layer of confusion pervades the discussion of why oil prices have been so volatile over the last 3 years. People often yearn for simple explanations. Some want somebody to blame, while others hold on to cherished theories. In these cases observers demand a Black Or White view of events which caricatures more complex realities.

(clips from recent Peak Oil News dailies are indicated by date and item #) Kuwait’s Continue Reading

Crude prices gyrated within a dollar or two of $70 a barrel last week as Continue Reading

By a narrow vote of 219 to 212 the 1200-page Waxman-Markey climate change legislation passed Continue Reading

In 2000, Saudi Aramco had just one offshore drilling rig active. By early 2009, the Continue Reading

Will we have a shale gas boom? I’ve described the contentious argument among those who follow the natural gas industry. Generally, my sympathy lies with skeptics like Art Berman. As someone who has written extensively about peak oil, I’ve encountered the human proclivity to hype a situation far beyond any semblance to reality time and time again… Nevertheless, I’m going to say the jury is still out on this one. That’s not a cop-out, because the verdict will be in very soon, certainly within the next few years.

In the last few months, Iraqi oil exports have been hitting post-invasion highs as oil Continue Reading