Monthly Archives: October 2006
Oil Price Investment Trends
The price of oil is down almost 25%. Gasoline prices at the pump are down almost $1. Make no mistake, though, the returns on your investment portfolio over the next 10-15 years will be determined by energy investments. Invest wisely and prosper; don’t, and risk peril.
Don’t be fooled by short-term trends in the price of [...]
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What would you like to discuss?
Since David and I launched this blog earlier this year we’ve covered dozens of different topics and we’ve welcomed your many comments on the topics we’ve proposed.
But we also like to take the opportunity, from time to time, to ask you what sort of topics you’d like to see discussed on our blog.
So if you [...]
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Vortex Flow Technology for Gas and Oil Production
The Stripper Well Consortium has developed an innovative new technology which will decrease production costs and increase oil production in low-producing oil wells, known as ’stripper wells’. This technology is hoped to be able to help secure the U.S. nation’s oil and gas supplies by taking advantage of many low-yield wells. Currently 80% of United [...]
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Dead Sea Oil Discovery
A possibly lucrative oil supply has been discovered in the dead sea, according to The Genco Group. Company officials believe the discovery could supply from 4 to 6 million barrels of oil. The oil was discovered at a depth of 2000 meters, and is estimated to have a potential value of $300,000,000. Originally exploration of [...]
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2008 US Presidential Elections
The 2008 US presidential elections will be very important considering the implications of the coming peak oil crisis. The oil issue is likely to be downplayed during the 2006 elections. However, many major oil producing nations are quickly approaching depletion, and many analysts believe we will reach the peak oil production during the 2008-2012 presidential [...]
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The Population Bomb
As the global population problem increases, serious problems seem likely to occur. All sectors of the economy will experience price increase and demand due to resource shortages. Overcrowding brings out the worst in people, as we have seen thanks to the “road rage” phenomenon. Add to these stresses looming climate change challenges and energy supply [...]
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State, federal or cross-border renewables policies?
In a recent speech to a European Commission energy forum, Airtricity CEO Eddie O’Connor complained that the European Union “has 25 different countries and 25 different energy policies. There is no coordination between them.” Meanwhile, halfway around the world, policy-makers in the Australian state of Victoria, frustrated at the federal government’s refusal to raise the [...]
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Western Oil Supplies at Risk
A former government adviser has warned it is “only a matter of time” before BP or Shell faces a bid from a Russian state-owned group such as Gazprom which could threaten western oil supplies.
Professor Peter Odell, an energy economist, says ExxonMobil is also vulnerable to a Chinese takeover as the large UK and American stock-listed [...]
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World Oil Prices Will Double by 2030