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Peak Oil in the News
Peak Oil News Saturday October 14th 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.

Oil Imports Drive Trade Deficit To Record $70 Billion
(AlaskaReport) Driven by the soaring price of foreign oil and an insatiable appetite for imports from China, the US trade deficit hit a record of almost $70 billion in August, and now threatens to become an issue in the November election campaign here.

Peak Oil Passnotes: Oil Eyes on OPEC
(Resource Investor) The Brent and Nymex spot crude price has entered a very interesting phase this week. Prices are touching the $57.50 technical barrier we have previously talked about, at the time of writing they are sitting slightly above at $57.79.

Oil prices rise higher
(Miami Herald) Oil prices rose Friday after Norway ordered production shut down at two offshore platforms, reducing flows by about 10 percent from the world's third-largest oil exporter.

Peak oil as transformative
(Grist Magazine) "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."

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