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Peak Oil News July 2006

Plans begin for looming peak oil crisis
Gas prices around $3 a gallon are making drivers grouchy. If prices rose to $4 a gallon, drivers would probably howl, maybe tossing out an incumbent politician or two in their anger. Now imagine the implications of $10 or $20 gallons of gas ... in the next 10 years.

San Francisco Peak Oil Hearing
Every day, a river of cars flows across the Bay Bridge into San Francisco, bringing workers, tourists, and visitors to the city. All run on petroleum fuels. Every day, a staccato procession of planes land at SFO, bringing tourists, conventioneers, and returning residents. All fly on petroleum fuels. Every day, a phalanx of trucks deliver food to grocery stores, restaurants, and corner markets. All run on petroleum fuels. Every day, roads are paved, potholes are filled, roofs are tarred, machinery is lubricated, tires are replaced. All are derived from petroleum. Every day, hundreds of thousands of purchases take place, every one enabled by petroleum.

Portland prepares peak oil briefing book
In May 2006, Portland City Council created a Peak Oil Task Force to develop recommendations on appropriate responses to uncertainties in the supply and affordability of oil. The Task Force is intended to identify key short-term and long-term vulnerabilities and develop recommendations for addressing these. Twelve citizens were appointed to the Task Force in June, and the Task Force is expected to provide recommendations to City Council in early 2007.

On Peak Oil With LICBDC's Dan Miner
If you travel in business circles, chances are you have crossed paths with Dan Miner, the senior vice president of business services for the Long Island City Business Development Corporation. But Miner doesn't spend all of his free time trying to get businesses to relocate to Western Queens, he is also a driving force behind the New York City chapter of the Peak Oil movement, a group that believes world oil production will soon peak, and that the circumstances following are dire indeed.

Global oil output at peak, set to fall 32% by 2020
The world oil production is at its peak and is set to fall 32% by 2020 as discoveries wane, said Ali Samsam Bakhtiari, a former executive of Iran’s state oil company. World production is now about 81 million barrel a day, about 3.8 million less than the International Energy Agency’s estimate for the first quarter, Bakhtiari, who publishes papers and lectures on the theory that global oil production is on the verge of imminent decline, said on Monday in Sydney.

Pentagon and Peak Oil: A Military Literature Review
Until the recent oil price hikes and world wide discussions on the future of oil, Peak Oil was nearly absent in military publications. Now, things have changed. This article attempts at providing a US military literature review on Peak Oil and related issues.

Peak Oil and Energy Resources
Today's talk is about Energy Resources and seeing that I have only 10 minutes or so, I will try to outline the main features of Energy Resources and attempt to focus on the important issue of Peak Oil which most people are now becoming more aware of. I will leave any of the details to the Question and Answer session that follows.

Global oil output at a peak, ‘set to fall’
SYDNEY: World oil production is at its peak and set to fall 32% by 2020 as discoveries wane, said Ali Samsam Bakhtiari, a former executive of Iran’s state oil company. World production is now about 81mn bpd, about 3.8mn less than the International Energy Agency’s estimate for the first quarter, Bakhtiari, who publishes papers and lectures on the theory that global oil production is on the verge of imminent decline, said yesterday in Sydney.

Is 2006 the year of peak oil?
Speaking at lecture in Sydney, hosted by the Financial Services Institute of Australasia, Dr Bakhtiari told those gathered that global oil production has reached it's peak. The latest figures put the level of global production at about 81 million barrels per day which is almost 4 million barrels lower than the International Energy Agency’s predictions.

Peak Oil Passnotes: Where Is the Recession?
Back in 2003 when the oil price first started to move up through the thirty dollar range there was already the usual mound of expectation, fretting and badly thought out media coverage. People were telling us a variety of things. People like Daniel Yergin and Michael Lynch told us it did not matter and they still say basically that now. Yergin said ‘peak oil’ does not exist instead there will be an “undulating plateau” which presumably will never end. Or if it does then Mr Yergin is in fact another ‘peak oil’ person he just does not think it will happen right now. Not really much use.

Michael Rupert's economic forecast
Jamey Hecht: "I'm talking with Mike Ruppert, who is the founder, editor-in-chief, and major writer of From The Wilderness Publications. That's a website--FromTheWilderness.com. He's also been and a major speaker on peak oil, and one of the pioneers in explaining the connections between resource scarcity, and American GO Politics."

The Peak Oil Crisis: The Guns of August
The guns began early. By mid-July, Israel and her various adversaries were locked in combat with bombs falling, rockets flying, reserves mobilizing and casualties mounting. As the fighting increased, observers noted the similarities between the assassination of Archduke Ferdinand in 1914 and the provocative abduction of two Israeli soldiers by Hezbollah this month. In 1914 repercussions from the assassination quickly spread to engulf the major European powers. The ensuing wars and their aftershocks continued for the rest of the century. Europe was never to be the same again.

Clinton: not briefed on peak oil
Former President Bill Clinton was among the influential people to grace one of the stages of the Aspen Ideas Festival last week. He spoke on July 7 with "The Atlantic Monthly's" James Fallows.

The "peak oil" debate: our readers write...
Our July issue featured stories on the widely divergent ways in which Cuba and North Korea have responded to critical oil shortages since the Soviet collapse (a foreshadowing of a reckoning the whole planet will have to face, sooner or later), as well as the South American Regional Infrastructure Integration project (IIRSA). The July Exit Poll was: "Will 'peak oil' paralyze world commerce and industry before IIRSA can complete its gridding of the South American continent?"

Imagine There's No Oil
Bryant Urstadt talks about "Imagine There's No Oil—Scenes from a Liberal Apocalypse," his August, 2006, Harper's Magazine cover story about "peak oil" and the people who worry about it.

Peak Oil Passnotes: Merry Christmas Everybody!
Does anyone remember last Christmas? Not what the Turkey was like or whether your mother in law gave you socks. Do you remember what the price of oil was? $70? $65? No it was $55. Give or take a plum pudding or two it was a full $20 less than it is now. Right now it is easy to see which way the price is going to go, up. It has been quite settled between $72.50 and $74.80 for the last two weeks after its initial surge following Israel's attack on Lebanon.

Oil industry hits peak production
A leading expert has warned that the world's oil industry has started to reach its peak production rate and is already in the first phase of a transition to an uncertain future. Dr Ali Samsam Bakhtiari predicted on this program two years ago that the crisis would begin in 2006 or 2007. Now he says the current estimates of oil reserves are grossly exaggerated and we are approaching a time when oil may reach $US 300 a barrel and demand will out-strip supply. It may happen this decade.

Peak Oil Passnotes: Yo! Bombs!
The highlight of an otherwise grim week was the debate between two moronic men in Russia. George Bush and Tony Blair. Their concern over world events was obvious to see as Blair simpered, behind a burger-munching buffoon in charge of the largest army in the world. Blair gave him jumpers in a heatwave.

Overlander decision may be reversed by peak oil
Overlander decision may be reversed when peak oil bites. The Government must ensure that Toll does not dismantle the infrastructure that would allow the Overlander service to be reinstated when the effects of the end of cheap oil really start to bite, the Green Party says.

Dreamliners and Peak Oil
At break of day all dreams, they say, are true. So wrote the great English poet John Dryden (1631 - 1700) in his work entitled The Spanish Friar. The implication, of course, is that as the day wears on the press of reality prevents some dreams from being fulfilled. This is an article about airplanes, but it also concerns the dreams that animate progress.

City of Bloomington adopts Peak Oil Resolution
On July 19, the Bloomington, Indiana City Council passed a resolution acknowledging That the global peak of petroleum production is “an unprecedented challenge” for society, and recognizes that the city must prepare for its inevitability. Bloomington is the 7th largest city in Indiana, home to Indiana University, and has a population of 70,000 residents plus a 40,000 student population.

Non Peak Oil
The concept of Peak Oil indicates we are running out of this precious resource and that the future may be grave if dramatic action is not forthcoming by the powers that be. If you doubt me ask Al Gore or read any of his eco-gibberish. The President has invaded a sovereign country, Iraq, in order to protect and secure the life and liberty of American Citizens while conferring the principles of democracy onto the grateful Iraqi people. It is possible this is not related to Peak Oil at all.

The Peak Oil Crisis: Energy & Buildings
When worldwide oil depletion sets in, initial concern will be with transportation. First attention will be fixated on the “unbelievable” gas prices, then, what to do with the SUVs, miles per gallon, public transit, bicycles, telecommuting, and anything else having to do with getting ourselves and our stuff around.

An Open Letter to Greg Palast
Congratulations on your new book, Armed Madhouse. As with your previous work, I admire your dedication in exposing the machinations of government and corporate miscreants. However, this time around you’ve also taken a potshot at a target that I happen to know a good deal about and have been closely involved with for a few years — the efforts by a growing number of analysts to forecast the arrival, and prepare the world for the consequences, of Peak Oil.

Peak Oil has arrived / Crisis imminent
"Peak oil is the point at which production starts to decline and once it becomes clear that this is not just a temporary problem of supply and demand ~ it's going to lead to panic.The relentless decline in availability of fuel will cause a crisis unlike any we've seen in the history of the industrial or information ages:"

Saudi Arabia's oil a huge question,
From the Saudi Arabian sands pour more than 9 million barrels of crude oil each day, more than 10 percent of the world's production pumped from what is believed to be the largest pool of recoverable crude on Earth. For three decades, it has been Saudi Arabian oil that poured into the market to dampen rapidly rising prices and Saudi cutbacks that pushed prices back up when they were abnormally low. Not anymore.