Peak Oil Passnotes: Falling Markets, Stable Crude. Why? (Resource Investor: Mon, 20 Aug) One of the bedrocks of the peak oil theory is that equity markets will fall while energy stays relatively stable and high. Although it is early on in the debt crunch volatility, could that be happening now?
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Peak oil - less faith (Trinidad Express: Mon, 20 Aug) The major players in the Peak Oil paradigm are the energy importing and exporting countries and the big international oil/gas companies (Big Oil). Peak Oil consists of two complementary parts-the demand for oil, driven in part by China and India, outstripping the present supply forcing high prices, and the fact that the international supply of oil is at its peak or just past it.
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Stan Goff: Energy & Bubble & Other Stuff (HuffingtonPost: Sun, 19 Aug) For the last few years, any of us who have suggested that there is such a thing as "peak oil" are pretty much members of the tin-hat crew.
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A new energy pessimism emerges (Asia Times: Fri, 17 Aug) When "peak oil" theory was first widely publicized in such path-breaking books as Kenneth Deffeyes' Hubbert's Peak (2001), Richard Heinberg's The Party's Over (2002), David Goodstein's Out of Gas (2004), and Paul Roberts' The End of Oil (2004), [1] energy-industry officials and their government associates largely ridiculed the notion.
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Break in the action (Salon.com: Mon, 20 Aug) Even a global market frenzy can't stop August vacation plans. A pause for How the World Works
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Top Scoops (Scoop.co.nz: Sat, 18 Aug) As a celebrated actor, Leonardo DiCaprio has had many hours in the media sun, but mere celebrity does not seem to be enough for him. He also wants to change the world, and he has created a new documentary called "The 11th Hour" with that revolutionary purpose in mind.
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Devangshu Datta: Ten years from now (Business Standard India: Fri, 17 Aug) There are certain pre-qualifiers for becoming the prime minister of India. A) Ideally candidates should hail from the Nehru-Gandhi clan. B) If A is not possible, it is okay to have a namesake (Chandrasekhar, Rao, Shastri, Desai, Singh) who has played international cricket.
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