<DrumBeat: July 10, 2008 The Oil Drum Asking one of the less comfortable questions about our energy future...>
<Why oil costs over $140 per barrel: the failure of leadership The Oil Drum: Europe The post-oil energy economies of the future - by Gordon Brown>

136 comments on Has Fossil Fuel Consumption Within the EU Peaked?

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nrgyman2000 on July 10, 2008 - 9:46am Permalink | Subthread | Parent | Comments top

And this happened while the EU was discussing biofuels.

You have to give the Russians that they are clever strategists and also is focused on long term goals (and Gazprom ceartinly knows the value of energy) while some of their counterparts (competitors) is locked into the belief that the market will solve everything including future energy supplies.

This is an illustration that the rules in a post PO world are about to change, and has anyone seen any signs that western politicians are aware of the new rules now being formed?

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alistairC on July 10, 2008 - 10:12am Permalink | Subthread | Parent | Comments top

No, this news is proof that the Euro-politicians' starry eyed faith in "the market" to deal with energy problems is totally correct. It will.

However "The market" is now called Gazprom. And it's a monopoly.

Be careful what you wish for.
(And build more nuclear power plants.)

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136 comments on Has Fossil Fuel Consumption Within the EU Peaked?

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