Featured Story
Limits We are Reaching - Oil, Debt, and Others
By Gail Tverberg
… Even with the higher production in 2012, and with growing “other liquids” production, crude oil production has not been sufficient to bring oil prices back to the $60 a barrel or less range that we were comfortable with prior to 2006… These high oil prices put strains on the economies of oil-importing nations…
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Peak Oil Review - May 28, 2012
Download Full PDF 1. Oil and the Global Economy Oil prices continued their month-long fall last week, just below $91 a barrel in NY and $106 in London. With few developments in the Iran confrontation or the EU debt crisis last week the markets fell Read More
Top 5 Reasons to Become an ASPO-USA Member
Still not an ASPO-USA member? Well you should be. Here’s what you’re missing and can look forward to as an ASPO-USA member: Full Access to ASPO.TV - including all videos from the 2011 and 2010 annual conferences. Coming soon: the “Best of” 2006-2009 conference presentations. Unlimited Read More
Working Groups To Harness Brain Power of ASPO-USA Network
True to its name, ASPO-USA’s strength lies in its “association” and the collective brain power of its members, affiliates, and partners. Over its seven-year history, including seven annual conferences, ASPO-USA has developed a vast network of leading experts that contribute to ASPO-USA’s Read More
Peak Oil in the Media
As oil prices have crept upward, and other events and developments have heightened anxiety about the global economy, the mainstream media is beginning to “rediscover” the critical nexus between energy and economy. Many ASPO-USA members and affiliates are among the leading voices that inquiring Read More
Webinar Series Off to Strong Start
ASPO-USA kicked off its new webinar series with two information-rich offerings in April, and more webinars on critical topics scheduled for May and June. More than 200 people participated “live” in the webinar series in its inaugural month, with many more ASPO-USA members viewing video Read More
EIA Responds to ASPO-USA Letter, What Next?
As announced recently in Peak Oil Review, ASPO-USA received a response to a letter sent to U.S. Department of Energy (DOE) Secretary Steven Chu regarding DOE’s lack of attention to the possibility of an imminent oil supply crisis. The Read More
Quote of the Week
“The return of low prices was taken, by some, as proof that oil will continue to be as cheap and abundant as ever. As a quick return to the triple-digit range for oil prices indicates, however, that’s clearly not the case.”
- Jeff Rubin
“The decline of major conventional oil fields-coupled with the rapidly rising demand from countries like China and India-means the spare production capacity that once cushioned prices is melting away, ushering in an era of volatile market swings.”
- Bryan Walsh, Time Magazine
“There’s not a good argument here for business as usual… We think of optimism as a virtue… But optimistic means something else when you’re talking about science. When a scientist decides that an estimate is optimistic, she’s applying that label in relation to two other possibilities: pessimistic, and realistic. Optimism isn’t the ideal here.”
- Maggie Koerth-Baker
