Section » Peak Oil Review
US Secretary of State, Hillary Clinton
“You can’t talk about our economy or foreign policy without talking about energy. With a growing global population and a finite supply of fossil fuels, the need to diversify our supply is urgent.” – US Secretary of State, Hillary Clinton
More
Review November 21, 2011
Download Full PDF 1. Oil and the Global Economy London and New York oil prices went their separate ways for a day last week as it was announced that the pipeline that had been sending oil from the Texas coast to the Cushing, Oklahoma oil terminal would be reversed. Traders saw this reversal as having the
IEA Executive Director, Maria van der Hoeven
“Governments need to introduce stronger measures to drive investment in efficient and low-carbon technologies. The Fukushima nuclear accident, the turmoil in parts of the Middle East and North Africa and a sharp rebound in energy demand in 2010 which pushed CO2 emissions to a record high, highlight the urgency and the scale of the challenge.”
Review November 14, 2011
Download Full PDF 1. Oil and the Global Economy A number of factors combined last week to push oil prices to a three-month high, the longest run of weekly price gains since April 2009. Fueling the increase were falling global petroleum inventories; the perception that the EU is making progress in settling
Tom Murphy
“Our moment in history is rather special. It is dangerous to assume that we’ll gracefully handle problems at this scale, because such assumptions amount to dismissals and concomitant inaction… It bothers me that we don’t have a plan. It scares me that we (collectively) don’t think we even need a plan. Faith in the market to solve the problem represents a high-stakes gamble.
Review November 7, 2011
Download Full PDF 1. Oil and the Global Economy Despite a week of turmoil in Europe, oil prices continued to creep up despite the likelihood of still more serious troubles ahead for the EU. NY oil closed Friday at $94.26 after five weekly increases, the longest streak of gains in more than two years. In
Lt. Col. Daniel Davis
“The heart of our request is the formation of a national oil emergency response plan. We are not demanding that the Department of Energy enact any specific policy change at this time, but rather set up a properly funded and sufficiently empowered commission to study the full range of potential consequences to the United States if we were to experience a near-term imbalance between global supply
Review October 31, 2011
Download Full PDF 1. Oil and the Global Economy As has been the case for several months, last week’s trading in oil futures was dominated by the twists and turns of the EU’s debt crisis. Hopes for a solution sent NY oil prices from the high $80’s to the low $90’s last week - closing
James D. Hamilton
“Most economists view the economic growth of the last century and a half as being fueled by ongoing technological progress. Without question, that progress has been most impressive. But there may also have been an important component of luck in terms of finding and exploiting a resource that was extremely valuable and useful but ultimately finite and exhaustible. It is not clear how easy it will
Review October 24, 2011
Download Full PDF ASPO-USA 2011 Conference - Peak Oil, Energy & the Economy November 2-5, Capitol Hill Hyatt Washington DC Get the latest research, analysis, and insights on Peak Oil, the ripple effects that a new energy reality will have on the economy and modern life, and response strategies for businesses,
