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ENERGY AGENCY WARNS OF DANGER FROM HIGH OIL PRICES

ENERGY AGENCY WARNS OF DANGER FROM HIGH OIL PRICES

Peak Oil News Feb 10, 2011 ENERGY AGENCY WARNS OF DANGER FROM HIGH OIL PRICES by Richard Lein PARIS (AFP) - The global recovery will drive oil prices dangerously higher this year, possibly to the level where they could push the economy into a marked slowdown, the IEA warned Thursday. The prospect of rising inflation, driven by oil and other higher commodity prices, coupled with political instability

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The Tierney-Simmons Bet

 

Five years ago, John Tierney, a columnist with The New York Times, and Matt Simmons, peak oil guru and founder of energy investment bank Simmons & Co., made a bet. Simmons argued that oil prices would be much higher in 2010. Tierney, a believer in human ingenuity and a follower of economist Julian Simon, took the other position. Simon, a so-called Cornucopian, argued that there would always be

Group shifts peak oil attention to Washington with new executive director

 

New York (Platts) 6 Jan2011/503 pm EST/2203 GMT In a bid to boost its influence on US energy policy, the Association for the Study of Peak Oil & Gas-USA has appointed a Washington policy insider and former campaign hand as the group’s full-time director, it said Thursday. Jan Mueller, now a senior policy associate of transportation and energy program associate at the Environmental and Energy

Review January 3, 2011

 

Download Full PDF Top 10 Developments of 2010 1. Unexpected Growth in Global Demand As the global demand for oil increased during 2010 the IEA was forced to steadily increase its forecast for average annual demand. In January the

Predictions for 2011

 

(Note: Commentaries do not necessarily represent the ASPO-USA position.) Everyone in the Peak Oil Community knows the danger of making predictions. As the poet Burns framed it, “The best-laid schemes o’Mice an’ Men / Gang aft agley.” What gang aft agley more often than our energy and environmental situation these days? Trying to call the future is a challenging project. But

Will 2011 be a rerun of 2008?

 

We all remember the oil price run-up (and run back down) of 2008. Now, with prices similar to where they were in the fall of 2007, the question quite naturally arises as to whether we are headed for another similar scenario. Of course, we know that the scenario cannot really be the same. World economies are

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Peak oil activists and the mass media have had a rocky relationship. Activists often don’t understand how the media works and can’t fathom why reporters and editors are not better informed about energy issues. Those working in the media are constrained by the interests of their advertisers, their corporate owners and the necessity of focusing on ratings and circulation. There is a pervading

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Videos from 2010 ASPO-USA Peak Oil Conference

 

View the videos from the 2010 ASPO-USA Peak Oil Conference in Washington, D.C. http://www.aspo.tv