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Peak Oil in the News
Peak Oil News Sunday November 5th 2006

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Gasoline prices nearing bottom
(The Register-Guard) U.S. motorists may find slightly cheaper fuel as winter approaches, but there is a good chance that pump prices, now averaging $2.22 a gallon nationwide, are close to a bottom for the year, analysts say.

Arctic's oil, gas deposits won't keep world's lights on for ...
(Arkansas Democrat Gazette) The world shouldn’t count on the Arctic as a major long-term source of energy and the United States cannot count on the icy north to move the country toward energy independence, according to a study released last week by two international energy research firms.

Oil no panacea for our economy
(Toronto Star) Harper appears to be counting on the oil industry, and especially Alberta's oil sands, to drive Canada's future growth. However, these oil sands are one of the world's worst sources of greenhouse gases. To aggressively develop these reserves, without truly major changes in technology, could make Canada the world's No. 1 emitter of greenhouse gases on a per capita basis.

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