The Oil Drum

Under the fold, more Kunstler (in a short telephone interview), an interview with Paul Erhlich at E&ENews, and a copy of a recently published paper of Al Bartlett's on population, climate, and the world we live in.

Under the fold, more from Richard Heinberg with a great review of accelerating events, Phil Hart talks peak oil on Aussie TV, KrisCan interviews Andre Angelantoni about post-peak life, and David Bell of ASPO-Oz appears on Bloomberg.

Under the fold, a few short videos apropos of the problems we face: Bill Moyers on PBS provocatively talking big oil last night, Kunstler talking the long emergency on CBC, Jeff Rubin on CNBC talking $7 gas, VMT, light rail, and other things, and then finally Olbermann and Krugman talking both US presidential candidates' "energy policy." Include other links in the comments.

More under the fold--a video of the House Democrat(s?) Call for Nationalization of US Refineries, Matt Simmons on the "Truth about Offshore Drilling," a quality interview with Professor Michael Klare on "The Geopolitics of Energy" with Jim Puplava of Financial Sense, an effective 30 second Aussie commerical "Gas is "F*-ing Expensive," and a Bill O'Reilly vid to make your head explode.

(The Simmons video is 7 mins). Anyone have a link to T. Boone's comments (or other peak oil media) this week? If so, put it in the comments.

Henry Blodget and Aaron Task. Well worth watching!! Here's a link to the article (from which this video comes, that links to TOD in the last sentence).

Under the fold, more videos from TOD's own Rembrandt Koppelaar, Matt Simmons, Bob Hirsch, Amory Lovins, Randy Udall, Marvin Odum, and others...

With thanks to Freek Blauwhof for adding subtitles.

Robert Hirsch, author of Peaking of World Oil Production: Impacts, Mitigation, and Risk Management (a.k.a. the Hirsch Report), appeared on CNBC this morning. He said flat out that new technologies and new drilling won't solve the peak oil problem, and that we should expect $12-15/gallon gasoline followed by rationing.

You can also watch the video at CNBC or read the transcript below the fold.

[Update 1:30p EDT] And here's a follow-up with T. Boone Pickens.

and we can't embed CNN's video player, so you'll have to go over there and watch Kunstler's well-done piece on Glenn Beck if you haven't seen it already:

http://www.cnn.com/video/#/video/bestoftv/2008/05/14/beck.life.oil.cnn?iref=videosearch

And, yes, under the fold, if you can believe it, yes, that's your president doing his best Dr. Evil (from Austin Powers) impression. No, I am not kidding.

UNDER THE FOLD, you will find two youtube videos that are worth your time. The first is from Fast Money (CNBC) yesterday entitled "It's Supply, Stupid." After a bit of discussion on the panel, Joe Terranova provides a really nice discussion (about 4 mins) of the reasoning behind why the price oil is rising: supply and demand. Sure, it's a little bit the weak dollar, it's a little bit speculation, but Terranova makes an elegant argument as to why it's mostly the fundamentals--which is kinda what we've been saying for a while around here, eh?

The second video, is Jim Cramer of CNBC's Mad Money (1:30) discussing ethanol and its implications for food; he uses the words "Wall of Ethanol Truth," "that issue is killing Americans," "ending the ethanol mandate," and "Malthusian." Wow. Let's discuss.