Monthly Archives: October 2006

The End of Industrial Expansion

World oil production has reached peak capacity. We are now facing the downside of the peak oil curve and the consequences on world energy markets will be more than uncomfortable. The decrease in production capacity means we no longer have the ability to compensate for minor fluctuations in oil markets. […] Read the original post […]

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World Oil Prices Will Double by 2030

According to ExxonMobil, global energy prices will most certainly grow up to 50% by the year 2030. This price increase is estimated to occur due to the pace of expanding economies in developing countries, and the rate of worldwide population growth. “Perhaps most significant, we anticipate energy demand in developing […] Read the original post […]

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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 […] Read the original […]

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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 […] Read the original post […]

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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 […] Read the original post […]

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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 […] Read the original post […]

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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 […] Read the original post […]

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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 […] Read the original […]

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