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Peak Oil in the News
Peak Oil News Tuesday November 21st 2006




CERA Reports: Peak Oil Theory Based on Faulty AnalysisCERA 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 [... ]


Peak-oil debate crackles anewPeak-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.


Asia stocks higher; oil above $59Asia 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.


Report Blasts 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



World Population

U.S. stocks mixed as oil nears $60; Boeing, Google in focusU.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.


Dump wheat cartel: peak bodyDump 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.


Crude oil prices climb on Alaska supply outageCrude oil prices climb on Alaska supply outage
(INQ7 Business: Tue, 21 Nov) LONDON - World crude oil prices rose strongly Tuesday on news that bad weather had interrupted oil supplies at Alaska's key export terminal, dealers said.


TSX up as metals, oil advance; N.Y. mainly lower despite positive corporate newsTSX up as metals, oil advance; N.Y. mainly lower despite positive corporate news
(Canadian Business: Tue, 21 Nov) Malcolm Morrison November 21, 2006 - 11:56 a.m. TORONTO (CP) - The Toronto stock market charged ahead more than 100 points late Tuesday morning as oil prices rose and mining stocks advanced on hopes for more consolidation in the sector.


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