Wednesday, October 31, 2007
2007 Houston World Oil Conference: http://www.aspousa.org/proceedings/houston/presentations/
*) ASPO - Association of the Study of Peak Oil
Now, October 30, 2007, CNN reports about the topic of peak oil and is quoting experts* who claim the world crude oil production has already peaked and any crude oil disruption will create a supply disruption and this might trigger an energy crisis - Today. Tomorrow seems to be Today now!
CNN Report: 'World at peak oil output'
*) Experts from the Energy Watch Group in Germany. You can read the entire October 2007 report at:
Tuesday, October 30, 2007
144 billion US dollars per year, that is 400 million US dollars per day in revenue that the United Emirates of Arabia earns revenue from crude oil production. What are they doing with all that money? Discover these astonishing projects in Dubai:
Palm Jebel Ali (PJA) and Dubai Waterfront (DWF)
Friday, October 26, 2007
Mexico's Cantarell oil output recovers in Sept
Reuters - USA
MEXICO CITY, Oct 26 (Reuters) - Crude oil output from Mexico's declining Cantarell offshore field recovered to 1.461 million barrels per day in September ...
Thursday, October 18, 2007
When you read this book, or if you listen to the great audio tape, you will get introduced to very personal effects peak oil has on the characters in the book. Markus Westermann plays the main character in this thriller. He moves from Germany to the United States to start a new life. He works at a huge software company but he is not staying long at this software company because he meets Block who claims to know how to discover new oil fields. And there the adventure begins ...
The story is a based on extremly well researched information and tells in scary details how the world oil market, politics and geological facts work all together to leave us with this devastating situation of peak oil. This book is a must-read!
Andreas Eschbach, Ausgebrannt - Burned Out
Read a review on Energy Bulletin
Watch a video on Google Video
Read a blog on Peakoil.Blospot
Order the book at Amazon
Order the audio tape at Amazon.
All these billions of dollars, oil companies make in the business of oil production (upstream) due to high crude oil prices are now spent on subisdy funds (price subsidies) for crude oil refineries (downstream) to keep the gas priceses at the pump low - all that for you the consumer, so you would not see the real impact of peak oil.
As a consequence oil refineries and oil companies involved in the downstream business (oil refining) report a profit warning for the 3rd quarter of 2007:
Read about Exxon Mobil's Profit Warning on International Haralb Tribune.
Read about Chevron's Profit Warnings on Marketwatch.com.
Thursday, October 11, 2007
Further information about and from Jenna:
Jenna is actively involved at http://www.petrocollapse.org/
Jenna wrote an article about the Petrocollapse Conference: http://www.energybulletin.net/8457.html
Jenna also started the following blog: http://mikeruppert.blogspot.com/
So, although somewhat confusing in terms of the actual peaking time, it is remarkable that the U.S. Government comments on the topic of peak oil, and more importantly agrees with the fact of peak oil.
You can download the peak oil poster here and the entire selection of 10 posters about energy can be viewed here.
*) Also compare the EIA report of 2007, which gives very different picture of the peak oil event.
Wednesday, October 10, 2007
Gail Tverberg is working on a booklet on the topic of peak oil consequences, which can be found at http://gailtheactuary.wordpress.com/. Gail posted some of her answers to peak oil impacts on the economy, which could guide you in your personal actions regarding the peak oil event and shape your peak moments.
*) GailTheActuary's real name is Gail Tverberg. She has a M. S. from the University of Illinois in Mathematics, is a Fellow of the Casualty Actuarial Society, and is a Member of the American Academy of Actuaries. You can read more about Gail at her page at worldpress.com: http://gailtheactuary.wordpress.com/about . Gail hosts also a meeting group at oilawareness.meetup.com/67/members/2199059/.
You can read Gail's three parts of the Economic Impact of Peak Oil on The Oil Drum pages:
Part I: http://www.theoildrum.com/node/2977
Part II: http://www.theoildrum.com/node/2983
Part III: http://www.theoildrum.com/node/2984
Thursday, October 4, 2007
Click on this link: http://peristaltor.livejournal.com/54865.html
Tuesday, October 2, 2007
How to Address Humanity's Global Crises? Challenge Corporate Power ...
AlterNet - San Francisco,CA,USA
Editor's note: the following remarks were made this September at a conference on "Confronting the Global Triple Crisis -- Climate Change, Peak Oil, ...
The Peak Oil Crisis: Has the Media Become the Message?
Falls Church News Press - Falls Church,VA,USA
Last week, the world peak oil conference in Ireland, heard that the best available data now suggests there may only be about 250 billion barrels of oil left ...
UPDATE: The Shift To Alternative Fuels Is Moving Beyond Ethanol
CNNMoney.com - USA
Global demand for oil is increasing exponentially and supplies are dwindling, and whether you subscribe to the " Peak Oil" theory or not, the bottom line is ...
Shut up about the deckchairs!
New Statesman - London,England,UK
Within the peak oil community, the experience of realising this very simple but paradigm-altering truth is coming to be called 'peak moments'. ...
Is the US oil resource running out?
Commodity Online - Kochi,Kerala,India
By Edward Tapamor If we think of peak oil as a subject in itself, rather than a subset of general discourse about oil and energy, then we can see it has ...
Russia is far from oil's peak
Asia Times Online - Kowloon,Hong Kong
"Peak Oil" is not our problem. Politics is. Big Oil wants to sustain high oil prices. US Vice President Dick Cheney and friends are all too willing to ...
To Grandmother's House We Go: Peak Oil Is Here
I have intentionally paraphrased this wonderful Christmas song because it has much to say about the future after peak oil which I am now ready to say has already happened. As energy declines, we will indeed go to our grandmother's ...
Free Peak Oil Lecture Online Tomorrow - Tuesday October 2.
If you are interested in learning more about Peak Oil and it's consequences, you might want to check out this free online lecture from Steve Andrews, Co-Founder of the American Association for the Study of Peak Oil. ...
Peak Oil Review - October 1st, 2007
Tom Whipple, ASPO-USA. An executive summary of weekly news from a peak oil perspective, featuring: - Production and Prices - The Falling Dollar - Venezuela - Energy Briefs.
EnergyBulletin.net Latest News - http://www.energybulletin.net
Economic Impact of Peak Oil Part 3: What's Ahead?
By Gail the Actuary
A little more squeeze in oil availability, or a sharp drop in the value of the dollar, or even widespread knowledge of the likelihood of peak oil and its effects could further destabilize the debt market. ...
The Oil Drum - Discussions about... - http://www.theoildrum.com
Peak-oil - The Turning Point
By James Fraser
Peak Oil - The Turning Point, a poster, is available as a pdf download from the Department of Energy. It is an interesting commentary on peak oil , including a very brief explanation of Hubbert's theory and the various predictions of ...
The Energy Blog - http://thefraserdomain.typepad.com/energy/
Monday, October 1, 2007
Bloomberg on Slow Liquidation of World Oil Industry