CERA Reports: Peak Oil Theory Based on Faulty Analysis (SeekingAlpha via Yahoo! Finance: Mon, 20 Nov) Paul Kedrosky submits: There is a useful new Cambridge Energy Research Associates, Inc. [CERA ] report out strongly critical of peak oil theory. Instead, the report's authors argue, technology advances mean we are set to see a near-doubling in oil supply by mid-century, and then an "undulating plateau", before decline begins toward the end of [... ]
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Peak-oil debate crackles anew (Houston Chronicle: Sat, 18 Nov) The world's oil resources won't last forever, but production should increase for at least another quarter-century thanks to technology and unconventional sources that "peak oil" theorists often discount, analysts with Cambridge Energy Research Associates said Tuesday.
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Asia stocks higher; oil above $59 (CNN.com: Tue, 21 Nov) HONG KONG, China (Reuters) - Asian stock markets were mostly higher on Tuesday with energy issues such as Woodside Petroleum rising as oil briefly climbed above $59, but the yen stayed under pressure a day after plumbing a record low versus the euro.
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Report Blasts "Peak Oil" Theory (Slashdot: Sat, 18 Nov) Rei writes "Today, the Cambridge Energy Research Associates released a report dismissing the Peak Oil theory, suggesting that world oil production will continue to increase for the next 24 years, and then only level into a plateau. The report, which suggests that world reserves are enough to last 122 years at our current rate of consumption, also blasts Peak Oil theorists for repeatedly making
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U.S. stocks mixed as oil nears $60; Boeing, Google in focus (MarketWatch via Yahoo! Finance: Tue, 21 Nov) NEW YORK - U.S. stocks were mixed in midday trade Tuesday, as crude oil neared $60 a barrel and weighed in pre-holiday thin volumes, while gains by Boeing Co. provided support for the Dow Jones Industrial Average.
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Dump wheat cartel: peak body (The Age: Tue, 21 Nov) Australia's peak grains body has agreed to take away AWB's monopoly on wheat exports, but wants to retain the single desk system.
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