New Book Promotion: The End of the Oil Age
Promotional text about a new book on Peak Oil by From The Wilderness Energy Editor, Dale Allen Pfeiffer.
Oil
US: Rising Energy Costs Straining Farmers
The U.S. Agriculture Department’s chief economist, Keith Collins, said rising energy and fertilizer costs could add $1 billion to U.S. crop production costs.
Oil becomes speculators’ market of choice
WITH heavy investment fund buying driving oil prices up 27 per cent this year to a 21-year high, opinion is divided on whether large funds are buying on the basis of solid market fundamentals or creating a bubble, the Financial Times said.
Gas demand to soar for Canada’s oil sands – report
Natural gas volumes needed to help the oil industry unlock Canada’s vast oil sands are expected to nearly triple in the next decade, just as production is waning and prices are surging, the country’s energy regulator said Thursday.
The View from Hubbert’s Peak
The only certain beneficiaries of this coming economic chaos will be the big five oil corporations and their corrupt partners: the Nigerian generals, Saudi princes, Russian kleptocrats, and their ilk. Crude oil truly will become black gold.
We are finally running out of cheap gas — good
As gas prices loft into the stratosphere, likely never to come down, we can expect to hear much doomsaying about how this will end the world as we know it. Let’s hope so.
Oil traders vs. the Saudis
If the Saudis plan to unilaterally boost their supply of crude oil, regardless of what the OPEC cartel decides to do — a promise the Saudi Arabian oil minister made last week — then why have crude prices continued to climb?
Conoco refuses Saudi offer of extra oil -trader
U.S. oil refiner ConocoPhillips turned down an offer to take extra oil from top OPEC exporter Saudi Arabia because the oil was too heavy a grade, a trader at the company said on Tuesday.
Shell cuts oil reserves for 4th time
LONDON — The Royal Dutch/Shell Group downgraded the size of its proven oil and gas reserves yesterday for the fourth time this year as the oil giant continued to stumble over a scandal that shocked the markets and forced the resignation of three top executives.
New Information Documents Bush Administration’s Land-Management Shift
Secret policy changes made oil and gas development the dominant use of federal lands.[US]
Why Gas Should Cost More
North Americans complain about fuel costs. But to avoid a possibly unprecedented human crisis in coming decades, they should be urging their governments to allow the price of oil and natural gas to rise even more.
Crude Oil Rises on Concern More Saudi Output Won’t Meet Demand
Crude oil futures rose on concern that a promised Saudi Arabian production rise and any Organization of Petroleum Exporting Countries quota increase at a meeting next week won’t meet rising demand.