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Bush, Oil & Iraq: Some Truth at Last

January 13, 2004

Here we have former US Treasury Secretary Paul O’Neill disclosing that George Bush came into office planning to overthrow Saddam Hussein, and MSNBC polls its audience with the question, Did O’Neill Betray Bush?

UK faces future without North Sea oil

Reuters, Forbes

January 13, 2004

North Sea oil, the precious resource that has contributed hundreds of billions of pounds to the UK economy, is slowly slipping into history — so should Britain panic?

Unity needed for Kiwi continuity

Neil Ritchie, Energy Review

January 13, 2004

NEW ZEALAND – As this country continues hurtling towards the serious gas supply shortages predicted for 2005-06, commentators are hoping and praying for a less fractious and fragmented year than 2003.

U.S. regulators may look into Shell’s overstatement of oil reserves

Bloomberg staffer, The International Herald Tribune

January 13, 2004

Royal Dutch/Shell Group’s overstatement of its proven reserves of oil and natural gas by 20 percent may be enough to prompt an inquiry by the U.S. Securities and Exchange Commission, an SEC spokesman said.

Alaska Thaws, Complicating the Hunt for Oil

Andrew Revkin, NY Times

January 12, 2004

DEADHORSE, Alaska . Harry Bader slogged across a patch of America’s only Arctic shore, leaning into a late December gale that filled the midday twilight with blowing snow and sent the wind chill to 40 below.

Despite the weather, Mr. Bader, the state’s land manager for the oil-rich North Slope, was consumed with one thing – the warming climate. Oil-prospecting convoys in search of new deposits are allowed to crisscross the fragile tundra only when it is snowy and solid. But over three decades, rising temperatures have cut this frozen season in half, to 100 days from 200.

2020 Scenario: OPEC May Be Replaced

Hector Igbikiowubo, Vanguard (Lagos)

January 12, 2004

It’s 2020, and the energy ministers of the Organization of Gas-Exporting Countries, known as OGEC, the umbrella for the dozen or so nations which dominate the market, gather in Madrid for their annual get-together to determine production quotas and price levels for the new primary energy source that fuels the global economy , natural gas, or more specifically, liquefied natural gas, known as LNG.

Russian oil and gas sector growth may stop in 2007

RBC, RosBusinessConsulting

January 12, 2004

According to LUKoil Vice President Leonid Fedun, by 2007 the Russian oil and gas sector will stop rising.

Worry grows over Shell’s reserves error

Dow Jones, Sydney Morning Herald

January 12, 2004

Royal Dutch/Shell Group’s disclosure that it overstated its proven reserves by 20 per cent rattled energy investors and is raising questions about whether the oil industry as a whole has inflated its prospects.

OPEC mulls move to euro for pricing crude oil

Patrick Brethour, Globe and Mail Update

January 11, 2004

OPEC is considering a move away from using the U.S. dollar — and to the euro — to set its price targets for crude oil, the highest-profile manifestation of the debilitating effect of depreciation on the greenback’s standing as the currency of international commerce.

Getting off the gas: Santa Fe group aims to heat city with wood

Andrew Webb, NMBW

January 11, 2004

Tesuque engineer Mark Sardella envisions Santa Fe’s businesses and homes heated not by gas, not by coal, but by a source that went out of fashion, oh, about one and a half centuries ago — wood.

Compost: The first step to overcoming Peak Oil

Robert Waldrop, RunningOnEmpty e-group

January 11, 2004

The first step to overcoming peak oil is to start a Compost Pile.

Shop ‘Til the Earth goes ‘Pop’

Jim Lobe, OneWorld.net

January 8, 2004

Fatter and ever hungrier for the latest physical comforts and social-status symbols, the average U.S. citizen is leading the world in building a global consumer society that is wreaking havoc on the world’s natural resources.

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Bush, Oil & Iraq: Some Truth at Last

UK faces future without North Sea oil

Unity needed for Kiwi continuity

U.S. regulators may look into Shell’s overstatement of oil reserves

Alaska Thaws, Complicating the Hunt for Oil

2020 Scenario: OPEC May Be Replaced

Russian oil and gas sector growth may stop in 2007

Worry grows over Shell’s reserves error

OPEC mulls move to euro for pricing crude oil

Getting off the gas: Santa Fe group aims to heat city with wood

Compost: The first step to overcoming Peak Oil

Shop ‘Til the Earth goes ‘Pop’