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Topic: Oil peak

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	Hubbert's Peak, Current Events
		Damage to oil supply facilities can be done cheaply, compared to the impact of the damage.
		If high international oil "prices are insane," then oil producing countries would reserve their own production for domestic use.
		However, a truism about oil – dating from 1955 – states that most of the rewards come from the giant oilfields.
	www.princeton.edu /hubbert/current-events.html (723 words)

	Hubbert peak theory - Wikipedia, the free encyclopedia
		Hubbert's peak theory is subject to continued discussion because of the potential effects of lowered oil production, and because of the ongoing debate over aspects of energy policy.
		After the peak, but before an oil field is empty, another significant point is reached when it takes more energy to recover, transport and process a barrel of oil than the amount of energy contained in that barrel.
		Alternatives to oil are energy sources other than oil which can be used instead of oil and natural gas in one or more applications, including; as a prime energy source, as a transportation fuel and as an ingredient in plastics and pesticides.
	en.wikipedia.org /wiki/Hubbert_peak (4394 words)

	An MBendi Profile: World: Oil And Gas Industry - Peak Oil: an Outlook on Crude Oil Depletion - C.J.Campbell - Revised ... (Site not responding. Last check: 2007-11-01)
		BP is in a position to evaluate the data, but prefers to reproduce the Oil and Gas Journal numbers, understandably not wanting to involve itself with sensitive issues that might affect its relationship with the host governments of the countries where it works.
		Remember that the peak of discovery has to be followed by the peak of production, which generally comes close to the midpoint of depletion when half the total has been used.
		Peak oil is a turning point for Mankind, when a hundred years of easy growth ends.
	www.mbendi.co.za /indy/oilg/p0070.htm (5245 words)

	Peak Oil? Include Me Out
		Peak Oil was low on the radar in 1999, but Y2Kers had sensitive antenna—many would say too sensitive—and Peak Oil fit right in with their paranoia (only they preferred to call it sensible caution) about interdependence, sustainability, and complex systems.
		Peak Oil simply meant that oil resources on the planet were finite and that there would come a point in time when one day less oil would be extracted than on the previous day.
		Peak Oil could affect the planetary infrastructure, impacting transportation, communication, and the shipment of goods, something Y2K folks are already well familiar with and for which they have long lists of preparations for Things That Could Go Wrong.
	www.drydipstick.com /y2kdipstick.html (4526 words)

	Hubbert peak theory - Wikipedia, the free encyclopedia
		On the demand side, recessions in the early 1980s and '90s have decreased the demand and consumption of oil.
		The Association for the Study of Peak Oil and Gas (ASPO) was founded by the geologist Colin Campbell.
		Another controversy was the status of the Hubbert Peak of conventional oil.
	en.wikipedia.org /wiki/Peak_oil (4394 words)

	index
		Peak Oil is real and imminent; worldwide oil production is unlikely to ever exceed 85 million barrels per day by a significant amount.
		Peak Oil might not represent a big near-term (this year) opportunity, so for fund managers who are evaluated on a quarterly basis and compensated on an annual basis, it is not an investment-worthy thesis.
		Peak Oil is not broadly considered by Wall Street and is not incorporated into the economic projections that in turn are used to build financial models for particular companies. As a result, Peak Oil is textually and numerically invisible in the financial community.
	www.peakoil.org (2066 words)

	Peak Oil Aware: t-shirts, stickers and more : CafePress.com
		Peak Oil Audio Documentary and Oil, Immigration and Population Growth by Kellia Ramares
		The Community Solution The Second US Conference on Peak Oil and Community Solutions will be held 23-25 Sepetmber, Yellow Springs Ohio, with a great line-up of speakers planned.
		Minibuttons with "Peak Oil Aware" on them are also now available as single buttons, in tens or in 100s (they can be re-sold for fundraising and to help spread awareness).
	www.cafepress.com /peakoilaware (275 words)

	Peak oil primer and links \| EnergyBulletin.net \| Peak Oil News Clearinghouse
		Of the 65 largest oil producing countries in the world, up to 54 have past their peak of production and are now in decline, including the USA in 1970/1, Indonesia in 1997, Australia in 2000, the North Sea in 2001, and Mexico in 2004.
		Many of the official sources of data used to model oil peak such as OPEC figures, oil company reports, and the USGS discovery projections, upon which the international energy agencies base their own reports, can be shown to be frighteningly unreliable.
		Peak oil author Richard Heinberg uses the metaphor that whereas fossil fuels are akin to a massive inheritance, one spent rather drunkenly, renewables are much more like a hard won energy wage.
	www.energybulletin.net /primer.php (3014 words)

	Peak Oil: Life After the Oil Crash
		Oil is increasingly plentiful on the upslope of the bell curve, increasingly scarce and expensive on the down slope.
		If claims that "peak oil is just oil company propaganda to promote artificial scarity" were true these companies and nations would have been under-reporting instead over-reporting their reserves all along.
		Oil is running out; the climate is changing at a potentially catastrophic rate; wars over scarce resources are brewing; finally, most shocking of all, we don't seem to be having enough ideas about how to fix any of these things.
	www.lifeaftertheoilcrash.net (4449 words)

	Peak Oil and Iraq
		Oil can thus be seen as the major motivation for the U.S. invasion and present occupation of Iraq.
		As the Peak Oil crowd is fond of saying these days, earth can probably only support around a couple billion people without the energy that fossil fuel provides, so we had better get ready for a drop off of four billion people or so.
		It may be that Peak Oil is true but that concentration on this issue distracts from a more immediate problem: the fact that the perpetrators of the 9/11 atrocity remain free to pursue policies that are an imminent threat to world peace and the survival of life on Earth.
	www.serendipity.li /peak_oil.htm (1432 words)

	Oil Production Could Peak Next Year \| LiveScience
		Finally, he combined his results with estimated forecasts for new field developments from sources such as the deep ocean and oil sands in Canada, but he says that these are unlikely to offset the upcoming declines from the giant fields—and there is little chance that new giant fields will be discovered in the future.
		In Canada’s oil sands, for instance, the oil is so heavy that it must be heated up before it starts to flow, he said, and this is a slow and expensive process.
		Lynch thinks that the oil peak lies farther into the future, partially because there’s likely to be a lot of oil in as-yet undiscovered smaller fields.
	www.livescience.com /environment/070417_oil_peak.html (801 words)

	Peak Oil - The End Of Cheap Oil
		All oil fields peak and then decline by their very nature and the concept of global Peak Oil is simply the extrapolation of this idea to the sum of all known oil fields.
		Peak Oil is thought to be imminent because there have been fewer 'super giant' oil field discoveries in recent years to put any potential peak in production further into the future.
		Unconventional oil reserves (of which there are the equivalent of trillions of barrels) such as Tar Sands, for example, may become viable and the fear of Peak Oil may go away for this generation.
	www.peak-oil-crisis.com (990 words)

	Peak Oil News & Message Boards
		The world has never been to peak oil before and there are so many factors that will affect a world in oil depletion, it is difficult, or better yet nigh impossible, to paint a picture of what life will be like 10 or 20 years from now.
		On the 26th of October 2007, a Peak Oil workshop was held at the China University of Petroleum Beijing (CUPB).
		With oil prices reaching $93 per barrel in the US earlier this week and the depreciation of the dollar to a record rate of $1.44 against the Euro, the possibility of oil price reaching $100 per barrel is no longer a speculation, but in fact, highly probable and perhaps imminent.
	www.peakoil.com (1747 words)

	Peak Oil A Reality (Site not responding. Last check: 2007-11-01)
		Of all the points that swirl around the peak oil debate perhaps two of the most telling are made by Matt Simmons author of “Twilight in the Desert: The Coming Oil Shock and the World Economy” and CEO of Simmons International, one of the world's largest investment banks in the energy sector
		Iranian oil and energy analyst and expert Ali Bakhtiari predicts that peak oil will arrive around 2006, 2007." At that point, no one can say what is going to happen.
		Peak oil is upon us, but very few understand the consequences.
	www.countercurrents.org /peakoil.htm (2120 words)

	Oil Peak? Uh-Oh
		Throughout the oil age, just a tiny fraction of human history, we have been able to delude ourselves that nothing is beyond reach, and that technology, aided by the marketplace and our vaunted "can do" attitude, will always magically find a solution to looming problems.
		The problem with optimism in the face of the coming oil crisis — which will catalyze wars, disease, starvation, and a collapse of governments, Kunstler argues — is that every aspect of our comfy American lives is umbilically tied to petroleum.
		And oil, eons' worth of solar energy neatly stored in the pressure-baked detritus of past ages, is a finite resource.
	www.commondreams.org /views05/0508-24.htm (731 words)

	Peak Oil Crisis: Prepare To Survive The Suffering
		There continues to be small amounts of oil suspected as reserves around the world, but not in the quantities that will alter the clear shortages and competition for it.
		Oil from tar sands and oil shale are not included because the high amount of energy inputs, water consumption, and waste production will likely hinder these sources of oil from being anything more than limited supplies.
		Because private companies and nations have over-estimated oil reserves it is difficult to be exact but these estimates of world oil reserves are close and further research will reflect this.
	www.3k88.com (1710 words)

	Turning the Tide: Peak Oil Theory (Site not responding. Last check: 2007-11-01)
		As for the estimates of cost, by reasonable standards one could argue that oil is far under-priced.
		And low-priced oil leads to heavier use and less effort to create sustainable alternatives.
		In fact, one could argue that the earlier production peaks, the better off the human species (and a lot more) is, because of the effects of unconstrained use of hydrocarbons on the environment.
	blog.zmag.org /ttt/archives/000912.html (206 words)

	Peak Oil Revisited – The Bill Collector Calls
		Peak Oil advocates quote Matthew Simmons frequently because his voice is refreshing.
		But he and I part company on the price of oil; not only does he see it rising to $182 a barrel, he thinks that it might be beneficial, especially when it comes to generating some of that $16 trillion that needs to be invested in new oil and gas infrastructure.
		Crude oil prices are up about 37 percent from a year ago and have risen 11 percent to nearly 11-year highs around $37 per barrel since the officials last met in Florida on Feb. 7.
	www.fromthewilderness.com /free/ww3/062104_berlin_peak.html (6625 words)

	Hubbert Peak of Oil Production
		Interactive Oil Depletion Atlas from David Strahan, whose new book, The Last Oil Shock, was released in April 2007 and can be obtained in the Americas from Amazon Canada.
		"This GAO peak oil report is a clarion call for leadership at the highest level of our country to avert an energy crisis unlike any the world has ever before experienced and one that we know could happen at any time.
		Within the energy profession there are groups (e.g., ASPO, ASPO-USA) grappling with the challenge of "Peak Oil." While the efforts of Al Gore and others have raised awareness of the threat of global warming, society is not in any way prepared for the imminent decline in global oil production.
	www.hubbertpeak.com (598 words)

	RACING BUSINESS (INDIANAPOLIS) - PEAK Launches Motor Oil Brand with IndyCar Series, Indianapolis 500 Partnerships
		PEAK Motor Oil will be available at more than 4,000 AutoZone locations across the country, beginning in December, with a broad expansion to other retail outlets expected next year.
		PEAK will work with Danica Patrick to launch a national TV, print, and radio advertising campaign for their new motor oil.
		PEAK plans to further promote its motor oil with events at all domestic IndyCar races next year, as well as various in-store promotions wherever PEAK is sold.
	www.theautochannel.com /F/news/2007/10/31/069247.html (956 words)

	MyPeakOil.org \| Peak Oil News and Discussion
		First, the supplies of easy-to-get conventional oil and gas have declined to the point that almost 90 per cent of wells are permanently paying lower royalty rates, many as low as 5 per cent.
		As an ex creature of the oil industry myself, I have always assumed there is enough oil for decades to come, just as I have been told by my peers.
		Peak Oil, Total Collapse, and the Road to the Olduvai
	www.mypeakoil.org (2046 words)

	BBC NEWS \| Business \| 'Peak oil' enters mainstream debate
		Nevertheless, some analysts disagree with the notion of any peak in oil production, also known as 'Hubberts curve', after the geologist M King Hubbert who first argued the case.
		Chris Sanders spoke at the recent Association for the Study of Peak Oil conference and is director of international finance consultants Sanders Research.
		Despite not endorsing a production peak, Ms White is also factoring in demand growth "of around 1.5mbpd over the next five years, which will mean a total demand of around 91.8mbpd in 2010".
	news.bbc.co.uk /1/hi/business/4077802.stm (1070 words)

	Quick Fixes Won't Solve Looming Oil Crisis, Scientists Say \| LiveScience
		With the cost of oil at or near record territory and gasoline prices hovering around $3 a gallon, the government is advocating new measures to sooth growing public concern over rising prices at the pumps.
		These are temporary fixes, analysts say, for an oil shortage which, like the 1973 oil crisis, is triggered more by politics and economics than a natural paucity of global reserves or an inability to extract and produce new oil.
		Also, the peaks were followed by sharp declines in oil production that did not gently slope or flatten out as some forecasters have predicted.
	www.livescience.com /environment/060428_oil_peak.html (1096 words)

	Peak Oil
		Peak Oil, or Hubbert’s Peak as it is sometimes referred to, is the point in time when global production of crude oil reaches in pinnacle and then enters into a permanent decline.
		However, their are other petroleum experts who subscribe to the belief that Peak Oil hasn’t been witnessed yet but will within the near future.
		If you come across a good quality resource that is Peak Oil or energy related and not on out website please let us know so when can add it to our links.
	www.peakoilportal.com (138 words)

	CPO prices at record highs
		Crude oil prices hit a new peak at US$92.22 per barrel during the afternoon session on Friday last week and sparked off a strong wave of technical buying in CPO futures.
		Fuelling the bullish sentiment was news that Indonesia raised palm oil export taxes for November to 9% and 10% from 6.5% and 7.5% in October.
		Societe Generale de Surveillance’s reported that the Malaysian palm oil exports for the first 25 days of this month rose 3.3% to 1.112 million tonnes from 1.076 million tonnes during the same period in September.
	biz.thestar.com.my /news/story.asp?file=/2007/10/29/business/19305606&sec=business (1303 words)

	FT.com / MARKETS / Commodities - Crude oil price likely to hit peak
		Crude oil prices appear increasingly likely to hit a record in real terms reached during the second oil crisis in 1979, as nominal prices on Monday continued rising well above $90 a barrel.
		West Texas Intermediate crude hit a fresh nominal all-time high of $93.20 a barrel on Monday on a combination of renewed geopolitical tension over Iran’s nuclear programme, weakness of the US dollar and low inventories.
		Oil surges to record on Iran tension - Oct-26
	www.ft.com /cms/s/4a94260e-8593-11dc-8170-0000779fd2ac.html (182 words)

	Discovery Paves the Way to an Oil Peak
		From the beginning of this historic run in oil, I have said that you will not get a peak until we discover more oil and oil companies can flood the market with oil that's in safe, nonpolitical areas.
		Some oil companies, notably the two main ones involved here, Chevron and Devon, have been big believers that oil is going higher.
		Both companies were thrilled to be drilling in a place that was long known to have oil, but oil that was considered too expensive to drill for.
	www.thestreet.com /markets/activetraderupdate/10307163.html (497 words)

	ASPO - The Association for the Study of Peak Oil and Gas
		It was unanimously agreed that ASPO China should be formed and that Peak Oil research and modelling is essential to China.
		At a peak of the oil prize the ASPO USA yearly conference starts in Huston.
		ASPO-CANADA is the Association for the Study of Peak Oil and Gas in Canada and globally.
	www.peakoil.net (699 words)

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