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Chris Weafer, Chief Strategist, UralSib Financial Corp.
“The China-Pacific pipeline is the most important energy project in Russia since the opening of the gas pipeline to Europe–it means that Russia’s strategic importance to China has increased considerably.”
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Review September 6, 2010
The ASPO-USA 2010 Peak Oil Conference Washington, DC, Oct 7-9 2010 Register Now Download Full PDF 1. Oil and the Global Economy Early last week, oil prices fell by nearly $4 a barrel, but recovered later in the week
ASPO-USA seeking Executive Director
The Association for the Study of Peak Oil & Gas - USA (ASPO-USA) is a nonprofit organization founded in 2005 to encourage prudent energy management, equitable community transformation, and cooperative initiatives in an era of depleting petroleum resources. Our tools are qualitative analysis based on facts, a preference for independent action, and the confidence we can make a difference. Our
Review August 30, 2010
Download Full PDF 1. Oil and the Global Economy After touching a high of over $83 a barrel in early August, oil fell to below $71 on Wednesday before rallying to close at $75.17. Despite a stream of negative economic and oil stockpile news, the equity and oil markets rose on remarks by Fed Chairman Bernanke
Gail Tverberg, The Oil Drum
“OPEC doesn’t seem to have raised its supply very much in response to the higher oil prices [2004-2008], except a million barrels a day or so at the end. One might suspect that their statements about high spare capacity overstate the extent that they can really ramp up supplies when oil prices are tight. But they are willing to drop production when oil prices decline, and the portion of
U.S. Rep. Ed Markey (D.-Mass.) during a hearing last Thursday
“People want to believe that everything is OK and I think this report and the way it is being discussed is giving many people a false sense of confidence regarding the state of the Gulf.”
Review August 23, 2010
The ASPO-USA 2010 Peak Oil Conference Washington, DC — October 7-9, 2010 Early registration (save $) ends August 31st. Register online: www.aspousa.org Download Full PDF 1. Oil and the Global Economy Oil prices have now fallen steadily since reaching a high above $83 a barrel in early August. Friday‘s
Review August 16, 2010
Download Full PDF 1. Oil and the Global Economy Oil prices have fallen steadily since touching a high of $83 a barrel two weeks ago and closed on Friday at $75.39 a barrel. Demand for gasoline in the US the week before last fell to 9.2 million b/d from 9.6 million in the week ended July 23rd. As has been the
Jeff Rubin, consulting economist and author
T. Boone Pickens’ plans to save the United States from its energy dependence on so-called hostile petro-powers is, simply put, full of hot air. The abundance of shale gas in the U.S. will no more free the country’s motorists from dependence on foreign oil than have either the American production of over ten billion gallons of corn-based ethanol or the rollout of GM’s electric-powered
Matt Simmons, global energy expert, dies at 67
ROCKLAND, Maine — Matt Simmons, Chairman of ASPO-USA’s Advisory Board, died Sunday night at his home in North Haven Island, near Rockland, Maine. The founder of Houston-based Simmons & Co. International, Matt wrote the 2005 book “Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy,” addressing concerns about Saudi Arabia’s oil reserves and the impending
