Peakoil.com
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News, commentary, and online forums focused on global oil and gas production, markets, and world economies.

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  • Choke Points vulnerable to war, chaos, terrorism, piracy

    peakoil.com 05 Jul '15, 11pm

    As Aref al-Ali, my escort from Saudi Aramco, the giant state-owned oil company, pointed out, ”One mistake at Ras Tanura today, and the price of oil will go up.” This has turned the port into a fortress; its entrances have an array of gates and bomb barriers to prevent terrorists from ...

  • #peakoil Gas producers accused of profiteering, hoarding: Gas producers such as Origin Energy and Santos have

    Gas producers accused of profiteering, hoarding

    peakoil.com 05 Jul '15, 8pm

    Gas producers such as Origin Energy and Santos have been accused of profiteering and hoarding capacity on pipelines, as industrial users seek more open access to scarce supplies at competitive prices. The accusations came in submissions made to the Australian Competition and Consumer ...

  • #peakoil Greece referendum: ‘No’ vote ahead: With more than a third of votes counted, results from the Greek r...

    Greece referendum: ‘No’ vote ahead | Peak

    peakoil.com 05 Jul '15, 7pm

    Greece referendum: ‘No’ vote ahead With more than a third of votes counted, results from the Greek referendum suggest voters have rejected the terms of an international bailout. Results published by the interior ministry showed about 60% of those whose ballots had been counted voting ...

  • Americans Show Why USA Is The #1 Country In The World

    peakoil.com 05 Jul '15, 4pm

    rockman, yeah the leave it to beaver 1950’s propaganda days are long over, but feel free to compile a list for everyone of these supposed countries the US has freed. How about start with the fact that the colonies would not have won the war of independence without the French bankrupti...

  • Sam Altman: Energy

    peakoil.com 05 Jul '15, 4pm

    I think a lot about how important cheap, safe, and abundant energy is to our future. A lot of problems—economic, environmental, war, poverty, food and water availability, bad side effects of globalization, etc.—are deeply related to the energy problem. I believe that if you could choo...

  • #peakoil Islamic State suicide bombers strike Iraqi refinery: Islamic State suicide bombers and fighters attac...

    Islamic State suicide bombers strike Iraqi refinery

    peakoil.com 06 Jul '15, 2am

    Islamic State suicide bombers strike Iraqi refinery Islamic State suicide bombers and fighters attacked the center of Iraq’s northern oil refinery town of Baiji overnight, forcing the army and Shi’ite fighters to pull back, military sources and the local mayor said on Sunday. The town...

  • Shell Arctic oil drilling to commence within weeks

    peakoil.com 05 Jul '15, 12am

    Shell Arctic oil drilling to commence within weeks Oil and gas giant Shell is expected to begin drilling for oil in the Arctic within the next two weeks. Thirty ships left Dutch Harbor in Alaska on Thursday for the Arctic to support two initial exploratory wells. The company has alrea...

  • #peakoil Mapped: How the world became more violent: Since its publication in 2011, Steven Pinker’s “The Better...

    Mapped: How the world became more violent

    peakoil.com 05 Jul '15, 12am

    Last year 180,000 people were killed in internal conflicts, a number 3.5 times higher than it was in 2010. Deaths from terrorism have risen fivefold over the past 15 years, killing more than 32,000 people in 2014. UNHCR estimates that almost 60 million people are now either refugees o...

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