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Peak Oil in the News
Peak Oil News News Sunday October 1st 2006

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Peak oil as transformative
(Grist Magazine) Ibon at peakoil.net voices his worst fear: I have lost much of this initial hope that the transformative powers of peak oil, global warming or other environmental stresses are very likely to act on or threaten the status quo for a long time to come.

Transformation with a gun to our heads
(Grist Magazine) A post at The Oil Drum had this to say: The power of peak oil as an external force, a geologically driven catalyst, to act as a wedge to force sustainability and conservation on a world hell bent on exponential growth and energy consumption is what caught my imagination and gave me a sense of hope several years ago when I first investigated this issue.

Aboriginal support of oil sands fracturing over water
(Globe and Mail) Aboriginal support for Alberta's oil sands boom is fracturing, as concerns mount that the escalating water needs of the sector will imperil the Athabasca River — and aboriginal fisheries.

July's surging oil prices push US trade deficit to all-time high
(USA Today) The U.S. trade deficit hit a record $68 billion in July as surging global oil prices pushed America's foreign oil bill to the highest level in history.

'Plundered Petroleum'? Someone's Stealing, But Not the US
(FOX News) The latest hogwash coming from the mouths of Islamic terrorists is that we are stealing Middle East oil. Al Qaeda's number two, Ayman al-Zawahiri, came out with a video in which he exhorts fellow terrorists to "stop the theft of Muslims' plundered petroleum".

Driven by oil
(BBC News) Has oil production finally peaked? Are we ready for Peak Oil? With the demand for energy around the world ever increasing, are we edging closer to "peak oil" - and what can be done about it?

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