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[Green Inc.] 'The Violent Twilight of Oil,' Part II - Green Inc. Blog - NYTimes.com: Yes, the Ministry of Oil was protected by American troops when they arrived in Baghdad in 2003, but other oil facilities were not protected, such as the Daura refinery, which I visited on numerous occasions. The refinery director had to organize his workers into a self-defense force to keep looters at bay before American troops got around to checking up on the place.

[The Oil Drum - Discussions about Energy and Our Future] The Oil Drum | U.S. Peak Oil Conference Conflicted Amidst The Oil ...: Similarly, hopes for great success in U.S. natural gas extraction from shale were aired, but severely discounted by others. Retired BP geologist Jerry Gilbert explained that exploration geologists are salesmen and story-tellers for their corporate bosses and the public, convincing them that projects have great promise.

[Energy Bulletin -] ODAC Newsletter - Oct 23 | Energy Bulletin: As the oil price rose to $82/barrel, another high for the year despite the generally dismal economic picture, the usual suspects were hauled in for the blame line-up. Secretary-general of OPEC, Abdalla Salem El-Badri speaking at the annual Oil and Money conference in London, accused speculators of causing the rise, while others pointed to dollar weakness or economic recovery.

[The Oil Drum - Discussions about Energy and Our Future] The Oil Drum | Drumbeat: October 23, 2009: According to a 2001 study by the Census Bureau and the Department of Housing and Urban Development (HUD), "nearly 40 percent of all residential properties in the United States, owner-occupied and rental units, are not mortgaged but are owned free and clear." For a country so often criticized for its debt, that's not a bad figure.

[mySA.com Environment] Analyst: Gas shale may be next bubble to burst: His view contrasts with that of other analysts and the industry who see natural gas as playing a key role in the face of concerns about declining oil supplies and climate change. The Potential Gas Committee at the Colorado School of Mines in Golden said in June that the U.S. natural gas reserves total nearly 2,000 trillion cubic feet (56.6 trillion cubic meters), up about 35 percent from 2006 estimates and mostly due to such unconventional gas fields as shale and the Rockies' sandstone formations.

[HousingStorm.com A Deluge of Honest Real Estate] This is the fourth crisis period in American history ...: The 1970s and early 1980s are remembered for closure of the gold window by Nixon, Nixon’s resignation, stagflation, oil embargoes, even or odd gas days, the Ford Pinto, recessions, Saturday Night Fever, American hostages, Carter’s ineptitude, Reagan’s optimism, John Hinckley’s assassination attempt, John Lennon’s assassination, 18% interest rates, and 11% unemployment rates. This was not a cheerful time in America.

[Energy and Capital] Oil and Gas Outlook: We now know that conventional crude did in fact hit its peak-plateau in 2005, having remained around the 74 mbpd level ever since. The expected growth from non-OPEC mostly failed to materialize, as depletion of mature fields took its toll and the cost of new projects soared—especially for deepwater and production from marginal sources.

[Chris Martenson Blogs] ASPO - Exponential Money in a Finite World - Oct. 17, 2009 | Blogs ...: It is now widely recognized that oil is a finite resource, and another cold, hard fact is that global oil discoveries peaked some 45 years ago. Because discoveries precede production (you’ve got to find it before you can pump it), we can be certain that production will peak too.

[The Oil Drum - Discussions about Energy and Our Future] The Oil Drum | What Peaked at the Same Time as Oil Prices? Lots of ...: One thing I had not expected was the extent to which electricity prices have been rising over time, and the fact that their prices, too, peaked in the summer of 2008. Electricity prices tend to be higher in the summer each year, because more natural gas is used in summer, and it tends to be more expensive than coal.

[Reason Magazine - Hit & Run] Peak Oil: The Threat of Resource Nationalism - Hit & Run : Reason ...: Welloil sands require alot of energy to extract crude and oil shalestill doesn't have a technology that is net energy positive (amountof oil BTU's retrieved are greater than the amount of energy BTU'sput into the ground to retrieve the oil). Those technologies may beimproved, but the amount of research and equipment is likely tostill be very costly.

[decadence-europa] Pr Colin CAMPBELL - decadence-europa: It states: "The peaking of world oil production presents the U.S. and the world with an unprecedented risk management problem. As peaking is approached, liquid fuel prices and price volatility will increase dramatically, and, without timely mitigation, the economic, social, and political costs will be unprecedented.

[Reason Magazine - Staff] Peak Oil Again? - Reason Magazine: 1) First, my main purpose on this thread was to counteract myperception of the peak oil people that western technologicalliberal democracy is doomed and will be replaced by a)Military/Fascist dictatorship, b)Theocratic/Oil Oligarchdictatorship c)Communist/Green dictatorship d)Post ApocalypticFeudal Fiefdoms, or e)some combo of (a)-(d). If this is a strawmanthat does not apply to you, please accept my apologies.

[Chuck Taylor on Energy] BP's "giant" and Peak Oil - Chuck Taylor on Energy: out of concern the supply chain profession is not informed about the critical changes facing it with the end of cheap oil. One goal is to raise awareness so supply chain professionals will understand the stakes and take an active role in shaping energy policy.

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