DrumBeat: August 22, 2006
Posted by threadbot on August 22, 2006 - 9:10am
Topic: Miscellaneous
CERA's Rosy Oil Forecast – Pabulum to the People
by Randy Udall and Matthew R. Simmons
At a moment when a tank full of gasoline costs $75, the Chinese are eagerly trading bicycles for cars, and Americans are consuming their body weight in petroleum each week, it would be nice to know how much oil will be readily available a decade from now. In a thirsty world, will supply be adequate to satisfy demand?
"The biggest lesson of all from Katrina is the one that nobody's talking about: It's coming, it's coming to all of us," Tidwell told me. "As I argue in the book, what really wiped out New Orleans was a combination of two things: three feet of relative sea-level rise over the last 100 years followed by a massive storm. |
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Pipeline crisis 'could halve flow of oil'
The price of crude oil could hit $300 (£158) a barrel if BP's pipeline corrosion crisis in Alaska turns out to be an endemic problem for the industry, according to the leading oil industry analyst Matthew Simmons.
BP denies it manipulated Alaska pipeline data
Nuclear energy in U.S. fights for a second act.
Wind power's gusty forecast: The U.S. is seeing a big rise in this cleaner energy.
Turkey: Power Outages to Follow if Drought Continues
Romanian oil rig comes under Iranian fire
BUCHAREST, Romania - A Romanian oil rig off the coast of Iran came under fire Tuesday from an Iranian military warship and was later occupied by Iranian troops, a company spokesman said.
Politics adds to Nigeria’s volatility: Violence centered around oil and who it enriches.
Six militants, one soldier die in Niger Delta gun battle.
Nepal gas dealers begin indefinite strike
Kathmandu - After two days of violent protests over the steep hike in fuel prices, Nepal’s energy crisis took a new turn Tuesday with gas dealers beginning an indefinite strike in retaliation to the government withdrawing the price raise.




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