The economic crunch of the tightening oil supply seems in evidence in two major pieces of business news. One invovles Newell Rubbermaid’s cutting back on the types of plastics products. The other involves General Motors’ decision not to pay out dividends to shareholders.
This is how change is going to happen. The more costly petroleum and [...]
Archives for World Peak Oil
Oil Crunch
Train Song
Matthew Yglesias wonders about expanding train service as a way to offset fuel consumption. I have often wondered if this is not a great opportunity to test out some private/public partnership strategies. If passenger rail became a viable option for lots of commuting Americans every day, it would seem beneficial to open up competition between [...]
I think I'll walk, thanks…
From Brittney Gilbert’s Sparkwood & 21 - Prices in San Francisco:
We are the Dollars and Cents…
Once again, Andrew asks "What is ‘winning’?" in Iraq? Do you want the depressing answer? We may be on the verge of "winning." No, the administration won’t tell you when it happens. Why? Because it is very possible that winning means this (Link via NiT, Liberadio!, Once Upon a Time). So it’s all for the [...]
Russia: Still the Oil Grinch
Energy management issues abound. The US is getting serious about polar bears. Nigerian Rebels continue to use oil as a means to play politics. And, for the second straight year, Russia is leveraging its petroleum power against its neighbors in highly belligerent ways. Once again, my standard, tired prognostication. The global energy situation is getting [...]
I'm not an economist…
But Mr. Samuelson’s opinion column at WaPo seems to me to be addressing an unlikely problem. Samuelson argues that speculaiton in the oil market may cause an "oil bubble" which means that once the speculators all drop out, there will be more energy on the market and prices will temporarily go down.
Here’s my question [...]
You Should Watch This Show!!
"the wolf did finally eat the boy."
"It’s not this dangerous secret. I haven’t manipulated the data, it’s all data in the public domain. Anyone can do it, they’d just rather not." "And you are being told by large numbers of people with very official titles that you are wrong.""Yes." "But you’re not?""I don’t think [...]
Gas Prices Up 3.9 Cents This Week
So says WaPo. Peak Oil, what peak oil? Expect the price to keep climbing over its 60 day averages pretty much for.. well, the forseeable long term future.
Of course, there’s a lot of money involved in the political discussions involved in energy policy, but the highlights are that the data on oil prodcution is [...]
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