Interesting New Developments

May 6, 2010 — Oxford University Lecturer of Politics Dr. Joerg Friedrichs in a paper published in Energy Policy asks: how is the U.S. likely to react as oil production declines? Will it follow the path of Cuba, North Korea, Imperial Japan or something completely different?

April 26, 2010 — Puru Saxena, Hong Kong Investment Manager and frequent guest on major media says, “We foresee a big energy crisis in the next two, three years. And I think we’re pretty much close to peak oil in terms of daily flow rates. This is not because of politics, this is not because of OPEC. This is because of geology. You cannot continue to increase the production of oil.”

April 11, 2010 — Report from U.S. Joint Forces Command points out that oil surplus could disappear by 2013 and oil production deficit could reach 10mb/d by 2015. Read more at The Guardian UK.

March 25, 2010 — Glen Sweetnam, director of the International, Economic and Greenhouse Gas division of the Energy Information Agency (EIA) used the following graph in a closed-door meeting:

He has since “voluntarily” been reassigned. Read more at
Continue reading »