World Oil Use to Rise the Most Since 1980, IEA Says
World oil demand this year will rise the most since 1980 as economic growth leads to higher-than-expected use in Brazil, India, China and the U.S., the International Energy Agency said.
World oil demand this year will rise the most since 1980 as economic growth leads to higher-than-expected use in Brazil, India, China and the U.S., the International Energy Agency said.
China’s insatiable, growing appetite for oil will direct future events in the East Asia. It’s not just commodity and stock prices that will be affected either… we maybe looking at a major military conflict in the Far East…
It is an unfortunate truth about human history that social systems, no matter how unjust, tend to reproduce themselves and that change emerges only from crises.
Automakers see ‘gold rush,’ others fear impact on environment
If peak oil theorists are correct, our dependence on oil is not only foolish, it’s lethal. Does modern civilization have just two choices–change or perish?
A report of a presentation on Peak Oil and Gas by co-leader of the New Zealand Greens, Jeanette Fitzsimons.
Now that OPEC has agreed to raise its crude oil production quotas in hopes of taming high and jittery oil prices, industry experts are growing more concerned about both the capacity and the security of oil tankers, the next link in the supply chain.
People complain now about gasoline at $3 per gallon. After Hubbert’s Peak, $7 per gallon will seem cheap.
Much of Nigeria has come to a near-standstill after millions of workers walked out over rising fuel prices.
El Paso Corp., the largest U.S. natural gas pipeline operator and still one of the largest producers, recently disclosed a sharp decline in its quarterly natural gas production.
ASPO’s 42nd newsletter is a must-read.
Oil, besides being a whole lot of political trouble, is approaching its production peak. What to do?