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Peak Oil in the News
Peak Oil News News Monday October 2nd 2006

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Oil eases below $63, OPEC in focus
(Washington Post) Oil fell 3 percent to $61 a barrel on Monday as healthy fuel inventories in top consumer the United States countered plans by OPEC members Nigeria and Venezuela to trim output.

No quick relief seen on airline fuel surcharges
(Globe and Mail) Air travellers won't be getting relief from fuel surcharges unless oil prices slip below $60 (U.S.) a barrel and stay there for several months, airlines and tour operators say.

Reality Bites
(Grist Magazine) Expect gasoline prices to stay between $3 and $4 a gallon for the rest of the decade, says ... no, not some fearmongering environmentalist or peak-oil nut, but Chrysler CEO Thomas LaSorda.

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