Peak Oil in the News
Peak Oil News Thursday February 21st 2008



LETTER: Hubbert's second peak oil prediction is coming trueLETTER: Hubbert's second peak oil prediction is coming true
(MLive.com: Mon, 18 Feb) Regarding last week's peak oil stories, gas prices will rise again in 2008. Winter prices are normally the lowest of the year. In 2007, the lowest average U.S. price of gasoline was $2.14 per gallon (in January).


Oil rebreaks the $100 barrier - Peak Oil - OPEC production cutsOil rebreaks the $100 barrier - Peak Oil - OPEC production cuts
(North Denver News: Tue, 19 Feb) OPEC is talking production cuts, and there's a refinery fire in Texas. In the world of tight supply for oil, the market jumps in reaction. The result, oil futures have again topped $100 a barrel.


LETTER: Theories may confront non-existing problemLETTER: Theories may confront non-existing problem
(MLive.com: Mon, 18 Feb) Yet once more we are treated to a wide smorgasbord of far-reaching theories of sustainability, peak oil, and, of course, we must not forget global warming.


No Oil, No Peace, No ProblemNo Oil, No Peace, No Problem
(ABC News: Wed, 20 Feb) In 'Fuel of War,' players can have fun as an oil shortage spurs a new world war.



World Population

News and Features for Wasilla, AlaskaNews and Features for Wasilla, Alaska
(Mat-Su Valley Frontiersman: Wed, 20 Feb) Longtime Houston resident George Eric “Rick” Ventgen, 61, died from a heart attack Feb. 8, 2008, at work in Prudhoe Bay. A memorial service was held Feb. 16 at Our Lady of the Lake Catholic Church in Big Lake with a reception following.


Critic: Facts bury theory on Peak OilCritic: Facts bury theory on Peak Oil
(Denver Post: Thu, 14 Feb) IHS Inc., owner of Cambridge Energy Research Associates, said those who espouse the theory that the world's oil production has already peaked lack evidence to support their claims.


Gold Investments Market UpdateGold Investments Market Update
(GoldSeek.com: Tue, 19 Feb) Gold Markets were closed in New York yesterday and the action centred on London where gold sold off initially and tested support at $900 prior to rallying strongly and this strength has continued in Asian trading with gold rising above $910 per ounce.


Understanding peak oilUnderstanding peak oil
(MLive.com: Mon, 11 Feb) In 2008, Local Future-sponsored lectures and films will focus on peak oil. The theory of peak oil, also known as "Hubbert's Peak," is named after the late M. King Hubbert.


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