Peak Oil Passnotes: China Has Spoken (Resource Investor: Fri, 22 Feb) Hugo Chavez is back in the news again fighting with Exxon, but in fact that spat is just a storm in a Venezuelan coffee cup. The real reason for $100 oil is China - and unlike the argument between Rex and Hugo, it will not go away.
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A 'tsunami' of petrodollars to be unleashed (Daily Telegraph: Tue, 26 Feb) The surge in the price of oil over the past year is set to unleash a tsunami of petrodollars onto financial markets, according to Morgan Stanley.
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LETTER: 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).
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Your Opinion (The Petersburg Progress-Index: Tue, 26 Feb) Dwindling foreign oil, rising prices at the gas pump, and hype from politically well-connected U.S. agribusiness have combined to create a frenzied rush to convert food grains into ethanol fuel. The move is badly conceived and ill advised.
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Current Issue: (California Aggie: Fri, 22 Feb) In the face of global peak oil, biofuel is one of many ways to utilize alternate energy sources. Biofuel is a nontoxic, biodegradable and cost-effective alternative fuel that can be used in diesel engines with few or no modifications.
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Search on for new oil fields (Sydney Morning Herald: Sat, 23 Feb) Massive oil and gas reserves lie undiscovered across Australia's vast sedimentary basins.
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Adams renews street fee vote promise (Portland Tribune: Sat, 23 Feb) Commissioner Sam Adams still intends to ask the City Council to place his controversial street fee plan on the November ballot - despite the fact that the resolution on the issue he will present to the council Wednesday does not mention either the fee or the election. "We are absolutely ...
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