Peak oil review – Oct 29
A weekly roundup of peak oil news, including:
-Oil and the global economy
-The Middle East
-China
-Europe
-Quote of the week
-Briefs
A weekly roundup of peak oil news, including:
-Oil and the global economy
-The Middle East
-China
-Europe
-Quote of the week
-Briefs
The airline industry has no future. The same is true for airfreight. No air carrier has a viable plan to make a profit with oil at current prices—much less in years to come as the petroleum available to world markets dwindles rapidly.
Matt Simmons in a wide ranging discussion of oil, gas and related energy issues, including observations on what the White House knows about oil peak, what they want the public to know, problems with hydrogen, and where Iraq fits indiscussing oil peak; natural gas; what the President knows; hydrogen; and Iraq in Houston, Texas.
Presentation to a House of Commons All-Party Committee on July 7th 1999.