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Peak Oil in the News
Peak Oil News Monday October 9th 2006

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Please note: This site is not computer generated. It is researched, edited and compiled by hand. For the next two weeks I will be traveling and will only
be able to update the site sporadically. So when I do update I'll try to give you extra stories. Please bear with me until I get back to base. Thanks! - Rob.

Lower gas prices won't last, say UC-Davis professors
(StateHornet.com) Although consumers may be pleased with the price breaks they have recently received at the gas pumps, oil-consumption experts warn that the long-term effects of depletion may result in higher prices in the near future.

Output from Exxon Russia field to decline from 2008
(Reuters) Oil output from the Exxon Mobil-led (XOM.N: Quote, Profile, Research) Sakhalin-1 project will peak in 2007 and start to decline immediately afterwards partly because it failed to agree with Russia to extend the field's territory, a project member said on Monday.

Where next for oil?
(MoneyWeek) The question everyone is asking in the markets is has the oil price peaked? The best way to answer this question is to get a sense of perspective by looking at the cyclical nature of the oil market.

As Oil Ebbs
(Washington Post) Just a few months ago there were fears that expensive oil could simultaneously slow growth and stoke inflation, resulting in the vexatious problem known as stagflation. Today, cheaper fuel is rescuing consumers from at least part of the impact of falling home prices

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