Thursday, July 26, 2007

100$ Oil Price May Be Months Away: CIBC, Goldman
Producers' Own [Oil] Consumption Rises; Exports About to Plummet
The first in a four-part series by Jeffrey Brown
Mexico, Venezuela Oil Slumps Could Hit U.S. Supply
Conoco Phillips and Tyson Collaborate on Renewable Fuel from Animal Fat
See Mike's article on soylent and thermal depolymerization. If they can do it to animals, they can do it to people, should that ever become necessary.
New Details on Tillman's Death
General Faces Demotion in Tillman Case
CIA Dissenters Aided Prisons Report
Filipino Gets Six Year Sentence in Cheney Spy Case
Venezuela Seizes Over 28 Tons of Drugs
Wall St. Starts to Lean Democratic
Must be that they've seen the light, eh? So Move-On would have us believe.
Letter to the Editor of the New York Times

July 17, 2007

The article on the world's energy challenge, (Big Rise Seen in Demand for Energy) mischaracterizes what Peak Oil advocates believe. We do not suggest that the world is running out of oil. Peak Oil means that production, particularly of 'easy oil' which is cheaper to obtain, reaches a peak after which it declines, becoming harder and more expensive to get. In a time of rising demand such as the article describes, the growing discrepancy can have devastating economic and social consequences. In fact, the IEA report corroborates what Peak Oilists have been warning for a long time.

Jenna Orkin
Chairperson of the first NYC Peak Oil Conference, 2005


Anonymous said...

Good letter, Jenna.

Scramble for oil catches up with Exxon
Commentary: Race for resources tightens as crude prices march ever higher

Tyler Havlin said...

Housing and unemployment

"Does 5% of the total workforce losing their jobs seem extreme? If you accept that 3.5 million construction jobs out of 8 million are likely to vanish, and a million real estate and lending-related jobs will disappear, that's already 4.5 million. If you consider the millions of manufacturing and retail jobs which are housing-dependent, then it's no stretch to reckon another million jobs will be lost as housing starts and renovations plummet. And there's your 5.6 million jobs lost. As those paychecks vanish from retail and leisure outlets, doesn't it make sense that employment in those areas will fall along with sales? When you consider the entire chain of spending which flows from housing, it's not hard to imagine even more jobs falling by the wayside as consumer spending falls."

Please send this article out to as many people as you can.

ArkBuilder said...

Does justice to Mike's original theory.


gaelicgirl said...

And more on Tillman....

shooflypie said...

Interesting stuff, "getting more out of what we have already discovered" is a rather old problem, with ingenious answers but still doesn't solve the original problem.
What with the linking today of the Caspian to Chinese pipelines its more important than ever