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With the arrival of Peak Oil, the curtain has closed on Act 1 of the drama Petroleum Man. What will happen in Act 2? Chekhov said, "If there's a gun on the wall at the beginning of the play, by the end it must go off." In the world's nuclear arsenal are many guns on the wall. If life copies art, will there be an Act 3 in which the players, having learned their lesson the hard way, live sustainably? To explore these and other questions... FTW's Act 2 Blog. Read, comment, take heart! Orkin
9 comments:
Cheers for the Stewart link! Bloody brilliant!
How's Mike?
Ethanol blues in Japan: The Environment Ministry has backed the construction of a plant to make ethanol using wood scrap recovered from demolition sites, and has planned a mixing facility to make E3 that would be sold at gas stations starting this summer, but the oil companies have thrown a spanner in the works by refusing to supply gasoline to the planned mixing facility. The ethanol plant is finished and hailed as the world's first commercial-scale plant making ethanol from wood scrap. The minister of the environment is scheduled to attend the opening ceremony today (January 16). Due to oil company refusal to supply gasoline, however, plans for the mixing facility have been put on hold.
The latest issue of the monthly magazine published by the Japan Automobile Federation (Japanese equivalent of the AAA) has an article on the price of gasoline. It also features two sidebars by experts who ought to know better, but not a word about peak oil. The reasons that oil no longer sells for $20 or $30/bbl are factors like "market forces" and "seasonal fluctuations." Needless to say, it's JAF's job to keep consumers buying and using cars, especially considering its ties with the auto industry, and with the hotels, resorts, and other places to which people go in their cars (membership discounts offered!).
"Cambodia Says Asian, European Companies Are Flocking to the Country in Search of Oil"
http://www.enn.com/today.html?id=12036
Oil-thirsty countries are falling all over each other to get at Cambodia's oil. Yet, sudden oil wealth in a poor country will probably just create a great divide between the elites who pocket the money and the hoi polloi, who get what Patty shot at.
http://www.sanluisobispo.com/mld/sanluisobispo/16008643.htm
"Oil Rises Before Report Expected to Show U.S. Stockpiles Fell"
http://www.bloomberg.com/apps/news?pid=20601086&sid=aPlh22Frm3Dw&refer=news
So, what's all the talk about an oil glut? Further, recent reports reveal that despite OPEC talk of cutting production, key producers have maintained or even raised production levels.
More from the always interesting Tom Whipple....ways of beginning to approach Peak Oil at the local level:
http://www.fcnp.com/index.php?option=com_content&task=view&id=731&Itemid=33
Does anyone know- has the FTW site and it's contents officially been shut down? I cannot access it at all-?
Business Week's cover story is on oil volatility.
http://www.businessweek.com/magazine/content/07_05/b4019046.htm?chan=top+news_top+news+index_top+story
peak oil truth, thanks for the heads up on that. the ftw site is back up
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