The energy issue of the week is whether high gasoline prices are being caused by supply no longer being able to keep with demand or by speculators garnering untoward riches at the expense of hardworking motorists.
Tag: world&rsquo
The Peak Oil Crisis: Load Shedding
Largely unnoticed in America are the increasingly frequent electricity shortages developing around the world.
The Peak Oil Crisis: We Are Starting To Dim.
While waiting to see how the contest between a demand-killing recession and shrinking oil stockpiles plays out, it might be worthwhile to spend a little time reviewing the world’s electricity situation. If there is any form of energy that would be sorely missed by people who had once had it, […]
The Peak Oil Crisis: Issues
As 2007 winds down, it is good time to review some of the major issues that those of us following the peak oil story are watching closely.
The Peak Oil Crisis: Decision at Abu Dhabi
For those of you who came in late, it might be useful to recall that 35 years ago marginal world oil production (and therefore prices) was controlled by the Texas Railroad Commission. In those days, most oil production in the U.S. was hauled off by trains so by mandating how […]
The Peak Oil Crisis: On Contemplating $100 Oil
For the last few days, the press has been full of stories about the possibility of oil reaching $100 a barrel this winter. As prices have been bouncing around in the low $80s for the last couple of weeks, another $20 increase will do it. The theory behind the $100 […]
The Peak Oil Crisis: 2006 in Review
As the year draws to a close, it is a good time to look back at what has happened and what clues we can discern about 2007.