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5 days ago
In this week's report: (click this link to access an online copy of the attached PDF) The IEA's forecast for 2030 oil supply, is it believable? (page 1 ) FedEx and fuel. (page 2 ) Is $80 per barrel oil the critical level? (page 3 ) Brazil's 5 billion barrels of oil. (page 4 ) Wave and Tidal Power - continued progress. (page 4 ) Long distance transportation choices in 1952. (page 5 ) The 50 Worst Cars of All Time. Time – "On the 50th anniversary of the Ford Edsel, TIME and Dan Neil, Pulitzer Prize-winning automotive critic and syndicated columnist for the Los Angeles Times, look at the greatest lemons of the automotive industry." This is really something. For sure at least some people will find at least one of their favorite cars on the list. But that is the fun of a list like this, to disagree with it. Yes the 1958 Ford Edsel is on the list!! So ...
13 days ago
In this week's report: (click this link to access an online copy of the PDF) Were the IEA's world oil reserve figures influenced by the U.S.? (page 1 ) So which is it "Peak Supply" or "Peak Demand"? (page 2 ) Mexico tackles budget problems? (page 3 ) Who controls the reserves? (page 3 ) What was the prediction for future oil supplies 60 years ago? (page 4 ) Could Peak Oil play out like the recent Financial Crisis did? Guardian (Nov. 10 th ) – "Remember the Queen's question – that uncannily accurate and strikingly obvious question she put to economists at the London School of Economics a year ago after the financial crisis: did no one see it coming? Apply that question to peak oil and the answer is that many people did see it coming but they were marginalized, bullied into silence and the evidence was buried in the small print." This was in a ...
19 days ago
Special News: This is a follow-up to the article in today's Master Resource Report and the news this week on events at World Oil concerning Art Berman and shale gas. Read this posting on Art's blog concerning his leaving and the firing of his editor over his work on shale gas. Petroleum Truth Report
19 days ago
In this week's report: (click this link to access an online copy of the PDF) Railroads & Peak Oil. (page 1 ) The shale gas question heats up? (page 1 ) Why wasn't this in the paper? (page 3 ) 4-5 trillion barrels of oil, really? (page 3 ) Spain hit 45% of electric power from wind. (page 4 ) Ok, Warren Buffett bought a freight railroad. What about passenger rail? James Kunstler has some thoughts on passenger rail that he wrote in a forward to a new book "Waiting on a Train: The Embattled Future of Passenger Rail Service" by James McCommons . "Rebuilding the nation's passenger railroad has got to be put at the top of our priority list. We had a system not so long ago that was the envy of the world; now we have service that the Bulgarians would be ashamed of." Fans of James Kunstler will be happy to hear that his new book is almost out. It is a follow-on ...
26 days ago
In this week's report: (click this link to access an online copy of the attached PDF) Jet fuel and distillate fuel demand trends. (page 1 ) Is $80 oil a problem for the economy? (page 3 ) Ten years of US gasoline and distillate fuel consumption. (page 4 ) Chinese investing in wind power in Texas??? Dallas Morning News (Oct. 29 th ) – "A Chinese-American joint venture has agreed to build the next massive wind farm on the plains of West Texas." Texas would never let China own their oil wells, but the wind, no problem? I wonder why they couldn't get T. Boone in on this one. Will the Saudi's intervene to keep oil prices down? Khaleej Times [Reuters] (Oct. 29 th ) – "Saudi Arabia might seek to brake any new oil price spike, mainly to protect a fragile global economy and prolong its own role as the world's top oil producer — and if that hurts regional rival Iran, it will shed no ...
