Simmons: World oil production may have peaked
World production of crude oil may have already peaked, setting the stage for declining output that could lag demand, Matthew Simmons, chairman of Simmons & Co. International, a top advocate of the "peak oil" theory said on Thursday.
Heinberg: days of 'no oil' are nearing
If New College of California Professor Richard Heinberg is right, we'll be dealing with "no gasoline" as early as 2010 and definitely by 2030.
Nigeria Veering Towards Instability
Nigeria's federal system is so deeply flawed and its politics so corrupt as to risk destabilizing Africa's most populous country and largest oil producer, according to an International Crisis Group
Production in Saskatchewan Oil Sands Years Away
It will likely be a decade before any oil is recovered from a huge oil sands deposit in Northern Saskatchewan. But a Calgary based exploration company says its excited about the potential.
Engdahl: Moscow plays its cards strategically
The "Cheney strategy" has been a US foreign policy based on securing direct global energy control, by the US-tied private oil giants - ChevronTexaco or ExxonMobil, BP or Royal Dutch Shell. It has aimed at control of all the world's major oil regions, along with the major natural gas fields. That control has moved in tandem with a growing bid by the US for total military primacy over the one potential threat to its global ambitions - Russia.
Royal Dutch looking very bullish on oil
Royal Dutch Shell's $7.7-billion attempt to take Shell Canada private says the cheap oil scenario -- dreaded by investors, cherished by SUV drivers and politicians -- will be short-lived or won't happen. As far as bullish indicators go, this one's a beaut.
I don't know whether occasional entries of this type are of any interest to my readers. Most of you have made up your mind on your feelings towards peak oil. However I am still interested in determining the real date at which the cost of oil will reach the point at which alternative energy sources will be more economical. I am convinced we will not be ready for this time. Publicizing information on the subject is one way of informing people of the urgency of taking action now since it will take upwards of 30 years to prepare.