 | Energy Decline and National GDP in 2050: The Growth of Destitution | The Oil Drum | Wow. Peak Oil Is on The History Channel. (or, the "Megadisasters: Oil Apocalypse" Open Thread) |  |
| Peak oil: BP, Conoco CEOs say it's here - also IEA's Fatih Birol really freaks out | The Oil Drum: Europe | Oilwatch Monthly - November 2007 | |
Blogroll
- ASPO The official site of the Association for the Study of Peak Oil & Gas.
- Energy Bulletin Clearing house for news regarding the peak in global energy supply.
- PowerSwitch Dedicated to raising awareness & discussion of the impending & permanent decline of cheap oil & gas supply.
- ODAC Oil Depletion Analysis Centre working to raise awareness and promote better understanding of the world's oil-depletion problem.
- Global Public Media Public service broadcasting for a post carbon world.
- Post Carbon Institute Learning to live in a low energy world.
- PeakOil.com US site and forum to educate and promote awareness of global hydrocarbon depletion.
- FEASTA The Foundation for the Economics of Sustainability
- Tradable Energy Quotas (TEQs) This website describes an effective and fair response both to climate change and oil/gas depletion
Other Blogs
User login
Personnel
Editors
Contributors
Peak Oil Primers
Archives
- August 2008
- July 2008
- June 2008
- May 2008
- April 2008
- March 2008
- February 2008
- January 2008
- December 2007
- November 2007
- October 2007
- September 2007
- August 2007
- July 2007
- June 2007
- May 2007
- April 2007
- March 2007
- February 2007
- January 2007
- December 2006
- November 2006
- October 2006
- September 2006
- August 2006
- July 2006
- June 2006
- May 2006
- April 2006
- March 2006
Vital Trivia
License
This work is licensed under a Creative Commons Attribution-Share Alike 3.0 United States License.
GAIA Host Collective
Hmm the could tentatively increase oil production for a few months to see if demand exists.
If prices fall then cut back again. This is not hard to do.
If prices remain high increase again.
Close to 100 dollar oil indicates a lot of pent up demand may exist at slightly lower prices. If the price falls to 80 but your selling twice as much I can't see the problem.
The problem I have is trying to not be pessimistic and take what they are saying at face value and believing them.
I tried to do that with the subprime is contained message and I just couldn't do it. The same for this I cannot even figure out a reasonable way to treat these statements as something close to realistic.
Memmel,
prices have trippled in the last two years, and some pretty good prognosticators are suggesting they will tripple again in the next two years, while other oil prophets are suggesting that prices will return to the $30-$40 level. Meanwhile, people like you or I attempt to rationally interpret the effects of supply and demand when we have no effect on either or even real time data on supply and consumption. We're attempting palmistry on the Invisible Hand!
LOL. great line.