Long, long ago, in a market not so far from where I now live, Four Roses was a commonplace whiskey brand. I can still recall seeing it on the bar shelves at the homes of family friends, and pictures of it in magazines and on bulletin boards.
On Tuesday, Oil Ministers from the OPEC countries gathered in Vienna to decide on production levels. It turned out one of the more remarkable meetings that OPEC has held in recent years.
How ironic that what could turn out to be the seminal OPEC meeting of all time should be scheduled for September 11. Depending on the outcome, the oil age might continue merrily along for another few years or might undergo radical change before the year is out. Let’s review the […]
While waiting for the formal release of the of National Petroleum Council’s report on the prospects for world oil and gas production, it seems like a good time to review the general peak oil situation prior to what many believe may be difficult times later this year.
Events move quickly these days. Two months ago oil was north of $78 a barrel and, nationwide, gasoline was above to well above $3. The Middle East was threatening a conflagration and another exciting hurricane season was in the offing. Even the concept of peak oil was starting to get […]
What a difference a month makes. Just four weeks ago Hezbollah and the Israelis were engaged in the heaviest fighting the world has seen since the US overran Iraq.