Greenland: brave new world of deepwater drilling? – Aug 26
-BP loses Arctic drilling race due to Gulf oil disaster
-Greenland happy to be the new oil frontier
-Danes block Greenpeace vessel in Arctic
-BP loses Arctic drilling race due to Gulf oil disaster
-Greenland happy to be the new oil frontier
-Danes block Greenpeace vessel in Arctic
A month into BP’s Gulf of Mexico oil catastrophe, the US press began to say that the crisis might be ‘Obama’s 9/11’. It was a comparison that Obama himself repeated a couple of weeks later. Hyperbole? Perhaps – but the disaster certainly opens up space for thinking about alternatives to the industry that created it.
For Gulf residents, the BP oil spill has made the problem of unchecked corporate power painfully clear. Exxon Valdez survivor Riki Ott on why this may be the moment to overcome our political divides and take back our democracy.
Major energy reports published this year are pointing to a significant rise in the price of oil due to supply constraints sometime over the next three years – the only disagreement is how soon.
So far 2010 has seen three international reports considering the future of oil production, demand and prices. These were published by high profile groups that command widespread respect – in turn, a collection of UK industrialists, the US military and a joint effort between Europe’s most recognized insurance company and a politically connected think-tank.
Largely ignored by the media, and considered separately online as they came out, it is interesting to do a compare-and-contrast between documents produced for widely different audiences on each side of the Atlantic.
Liberal journalists, pale greens and others are trivializing the BP/Deepwater oil spill and distracting attention from the social roots of environmental destruction. It’s time to dump the myth of “consumer sovereignty.”
-Beyond BP: Michael Klare on US Energy Policy
-Scientists Allege Federal Gov’t Tried to Muffle Plume Findings
-Oil sands toxins growing rapidly
-The Triumph of the Amateur: Remembering Matt Simmons
-Peak oil is the villain governments need
-High Oil Prices: Quantification of direct and indirect impacts for the EU)
This might be an opportune time to make a disclosure: I am a BP shareholder. Admittedly, I’ve never attended the company’s annual meeting, and if I did, I would have very little weight to throw around.
The Gulf of Mexico’s capacity to recover from previous environmental assaults — especially the 1979 Ixtoc explosion — provides encouragement about the prospects for its post-Deepwater future. But scientists remain worried about the BP spill’s long-term effects on the health of the Gulf and its sea life.
-Independent Study: Oil Shale Is a Poor Energy Source
-Scientists Cast Doubt on Claims BP Spill’s No Threat to Gulf
-Ecuador pledges no oil drilling in Amazon reserve
-Deepwater oil drilling moratorium job-loss picture is getting clearer
-We Fight for the Oil We Need to Fight for the Oil
-Oil company, law enforcement block media access to public sites hit by Michigan oil spill
With BP’s oil well close to being permanently sealed, we are beginning to gain more insight into the effects the blowout will have on oil production in the years ahead.
Matt Simmons, author of Twilight in the Desert, has long been one of the most famous and influential voices on the subject of peak oil. After the release of his book, Simmons rose to fame as Saudi Arabian oil production declined and global oil prices skyrocketed. However, Simmons has lately been making hyperbolic claims related to the deepwater spill in the Gulf of Mexico. Based on the scenarios Simmons has outlined, he argues for responses such as using a nuclear explosion to seal the well and evacuating 20 million people from the Gulf Coast. Extraordinary responses such as these would impact a great many people, so The Oil Drum staff felt that a critical look at some of Simmons’ claims was in order.
A weekly roundup of peak oil news, including:
-Oil and the global economy
-the Deepwater Horizon saga
-Energy bill on hold
-Quote of the week
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