Over Christmas my family and I traveled back to Australia for the first time in five years. There had been several reasons for our not returning sooner, high on our list was the cost, and a close second was the actual ability to take a month off to make the trip worthwhile. In a new job, with […]
Tag Archives: oil
First Impressions – The Ripple Effect
Sometimes I read for pleasure, but often my reading takes me on a journey ranging from pain, frustration, through to a cathartic release of anger at how stupid we are sometimes. While reading can be an escape from the mundane moments of life, some books remind me to look closer at the people around me, […]
Signs of the Times
As we wait to see what will happen in countries like Lybia, where gunfire is being called “Celebratory Fireworks” by the regime, the price of oil once again begins it’s inexorable climb. Down in the US, those charged with making decisions on behalf of the people are wishing that the magic 8-ball had answers for […]
The five P’s
Or “Why I don’t trust BP to clean up anything” I haven’t dedicated much space here to the ongoing saga going down in Louisiana as BP and the US government fumble to maintain the appearance of control of the situation. I’ll leave the blow-by-blow account of these mishandling to people with more time and patience […]
Tar Sands – Progress or Stupidity?
“With just 5% of the world’s population, the United States now burns up to 20.6 million barrels of oil a day, or 25% of the worlds current output.” The insatiable demand for oil means that US ports must accept on supertanker every four hours, just to keep the country running. From America’s perspective, the large […]
Petro-gate – Starring Canada
Canada has a lot to lose from the possible global decisions being made in Copenhagen over the next few weeks – and most of it revolves around oil and natural gas reserves that are being exploited in Northern Alberta.
Peak Oil Decision Making
“Every decision made in any level of government should aim to reduce the use of fossil fuels and energy in general, rather than increase them”. Would it even be possible to implement and follow a policy such as this? It seems that whatever we do these days, it involves a lot of money, equipment, and […]
Oil Speculation
In an amazing change of direction, the US is considering market intervention for speculative buying of energy futures. Hang on, I thought the act of participating in the market was speculative to start with?