Posts Tagged ‘triple-digit oil prices’

With oil prices now already above $80 per barrel and likely to hit triple-digit levels within months, you can expect to hear a lot more about the role of speculators in the marketplace. It’s always easier to find a convenient whipping boy than to recognize that depletion and the prospect of ever more costly fuel [...]

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As I head down to Washington to speak at the ASPO-USA (Association for the Study of Peak Oil and Gas) 2010 World Oil Conference this week, I can’t help but reflect on how far the peak oil movement has come over the last decade. It’s not too hard to figure out why. There is a [...]

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It took two tries, but I finally got past the ash cloud and made it to Lisbon to promote the Portuguese edition of my book. What I found when I got there was a country already preparing itself for the new smaller world that my book predicts. The European monetary union is a vestige of [...]

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I suppose it’s only natural that the nation that’s soon to be the world’s largest consumer of oil should seek access to what will soon be the world’s largest source of new oil supply (which will happen even sooner if deep-water oil production is about to get nuked). The acquisition of a nine per cent [...]

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America’s dream of greater energy independence is rapidly turning into an ecological nightmare. Instead of filling empty gas tanks, BP’s Deepwater Horizon well miles offshore is oozing thousands of barrels a day of oil, already covering an area over 1,900 square miles in the food-rich waters of the Gulf of Mexico. With no way of [...]

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