Peak Oil in the News
Peak Oil News Friday February 29th 2008



A cautionary tale about kid's mealsA cautionary tale about kid's meals
(The Warren Reporter: Fri, 29 Feb) BLAIRSTOWN -- Genesis Farm will be hosting a monthly Wednesday night film series beginning in February. The center wants to provide perspectives on the important themes of healthy food, shelter, energy, community and the fulfillment desired by all life, everywhere.


Peak Oil Passnotes: China Has SpokenPeak 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.


A 'tsunami' of petrodollars to be unleashedA '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.


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).



World Population

Your OpinionYour 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.


Current Issue: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.


Search on for new oil fieldsSearch on for new oil fields
(Sydney Morning Herald: Sat, 23 Feb) Massive oil and gas reserves lie undiscovered across Australia's vast sedimentary basins.


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.


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