Peak Oil in the News

Warning: fopen(/usr/local/apache/www/peakoilinthenews.com/htdocs/counts/total) [function.fopen]: failed to open stream: No such file or directory in /usr/local/www/peakoilinthenews.com/2006/12/09.htm on line 47

Warning: flock() expects parameter 1 to be resource, boolean given in /usr/local/www/peakoilinthenews.com/2006/12/09.htm on line 47

Warning: fwrite(): supplied argument is not a valid stream resource in /usr/local/www/peakoilinthenews.com/2006/12/09.htm on line 47

Warning: flock() expects parameter 1 to be resource, boolean given in /usr/local/www/peakoilinthenews.com/2006/12/09.htm on line 47

Warning: fclose(): supplied argument is not a valid stream resource in /usr/local/www/peakoilinthenews.com/2006/12/09.htm on line 47

Warning: fopen(/usr/local/apache/www/peakoilinthenews.com/htdocs/counts/ 2006 12 09.htm) [function.fopen]: failed to open stream: No such file or directory in /usr/local/www/peakoilinthenews.com/2006/12/09.htm on line 47

Warning: flock() expects parameter 1 to be resource, boolean given in /usr/local/www/peakoilinthenews.com/2006/12/09.htm on line 47

Warning: fwrite(): supplied argument is not a valid stream resource in /usr/local/www/peakoilinthenews.com/2006/12/09.htm on line 47

Warning: flock() expects parameter 1 to be resource, boolean given in /usr/local/www/peakoilinthenews.com/2006/12/09.htm on line 47

Warning: fclose(): supplied argument is not a valid stream resource in /usr/local/www/peakoilinthenews.com/2006/12/09.htm on line 47

Peak Oil News Saturday December 9th 2006

Peak Oil Theory Analyzed by CERA
(PR Web via Yahoo! News: Thu, 07 Dec) Cambridge, MA (PRWeb) December 7, 2006 - Peak Oil, the widely discussed theory that world oil production will soon reach a peak and go into sharp decline, is the subject of a new analysis by Cambridge Energy Research Associates (CERA).

Peak Oil Theory Analyzed by CERA
(PR Web: Thu, 07 Dec) "Peak Oil" the widely discussed theory that world oil production will soon reach a peak and go into sharp decline, is the subject of a new analysis by Cambridge Energy Research Associates (CERA). CERA finds that the remaining global oil resource base is actually 3.74 trillion barrels - three times as large as the 1.2 trillion barrels estimated by the theory's proponents. (PRWeb Dec 7, 2006) Post

Oil tumbles after profit-taking
(FT.com via Yahoo! News: Fri, 08 Dec) Oil prices slipped sharply in late trade on Friday because of profit-taking.

Oil rises as production cut looms
(BBC News: Fri, 08 Dec) Oil prices rise above $63 a barrel after the president of the Opec producers cartel says he favoured another cut in output.

Crude oil price to average at $55-65 next year: energy minister
(The Nation: Thu, 07 Dec) Energy Minister Piyasvasti Amranand estimated that next year, crude oil price would average US$55-$65 per barrel from this year's peak of over $75. Meanwhile, domestic retail prices would stand between Bt24-Bt25 per litre, provided oil exporting countries do not cut production capacity or increase the capacity.

Russia's East Siberia: from Gulag to oil frontier
(Reuters via Yahoo! News: Thu, 07 Dec) Half a century ago, Josef Stalin banished his foes to labor camps in East Siberia. Now volunteers are lining up to drill the frozen wastelands for their vast reserves of oil.

Oil higher as Opec cut looms
(Financial Times: Fri, 08 Dec) Oil prices rose above $63 on Friday after the president of the Organisation of the Petroleum Exporting Countries said he supported a further production cut by the cartel.

Oil drifts in tight range near $63, OPEC eyed
(Reuters Finance News, Australia via Yahoo!7 Finance: Fri, 08 Dec) SYDNEY, Dec 8 (Reuters) - Oil prices held near $63 on Friday, extending the previous session's modest gain but staying in a tight range ahead of a meeting of top producers next week to decide whether to cut output again.

Add to: Fark | Del.icio.us | Digg | reddit | MyWeb