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 [Bill Totten's Weblog] Katrina, Rita, and Peak Oil: Of course, with Peak Oil the breakdown will not be as sudden as it was in the case of New Orleans, and it hopefully will not be as complete. On the other hand, for Katrina victims there was the assurance (or illusion?) that their chaos was unusual and isolated, and that there was a still-functional outside world that could come to their assistance - not soon enough perhaps, but eventually.

[A destreza das dúvidas] Louisiana 2004: Louisiana has the hardest working wetlands in America, a watery world of bayous, marshes, and barrier islands that either produces or transports more than a third of the nation's oil and a quarter of its natural gas, and ranks second only to Alaska in commercial fish landings. As wildlife habitat, it makes Florida's Everglades look like a petting zoo by comparison.

[Annotatedtimes.blogrunner.com] blogrunner: The New York Times - Production Virtual Weblog: Croft also responded to a question about why the oil industry has built no new refineries in so long in North America. An audience member asked whether the industry was concerned that they wouldn't recoup their investment because we might not be able to pump any more oil than we are now.

 [Calculatedrisk.blogspot.com] Calculated Risk: August 2005: While there are those who try and rationalize the rapid increase in prices, we see no justification for these increases””the fundamentals that drive the price of a housing asset have been pointing to a cool market, not a hot one. Rental growth remains weak, mortgage rates have been rising slowly, and contrary to common belief the pace of home building in the area is completely in line with the growth of the workforce””the so-called housing shortage does not exist.

[Whatwouldjesusdrive.org] News: What Would Jesus Drive?: ''Technological innovation will allow us to find and extract more oil around the world.'' He described the task of increasing output as just ''a question of investment'' in new wells and pipelines, and he noted that consuming nations urgently need to build new refineries to process increased supplies of crude. ''There is absolutely no lack of resources worldwide,'' he repeated.

[Pastpeak.com] Past Peak: Peak Oil Archives: Demand exceeds projections, production falls short of projections. At this rate, we will soon reach the point where the world's oil producers can no longer fulfill worldwide demand, i.e., where there simply isn't enough oil to go around.

Reflected tags on Technorati: Blog, Peak+Oil, The Green Files