Posts tagged as:

oil

Photo credit arekiiu
Here is today’s Friday Green numbers round-up:

TVA purchasing up to 815MW wind power from Kansas and Illinois
TVA has inked four deals to purchase wind power generated in Illinois and Kansas.
The federal utility said today that the contracts will allow it to purchase up to 815 megawatts of renewable wind energy, and will [...]

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Another oil shock in 2010?

by Tom Raftery on January 29, 2009 · 2 comments

in oil

Brent Crude price Aug 08 – Jan 09
Chart generated by thisismoney.co.uk
Posts on The Oil Drum and iStockAnalyst in the last couple of days point out something interesting.
From The Oil Drum’s post:

Nobuo Tanaka, the head of the International Energy Agency (IEA) said today…
Oil at near $40 a barrel has slowed investment in oil projects, he [...]

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Congressman Roscoe Bartlett [R] in the video above addresses the US congress on the liklihood that we have hit peak oil.
Congressman Bartlett has been banging this drum since 2005 but he received an unlikely ally in the International Energy Agency yesterday! The IEA is not known for being alarmist and is typically extremely conservative in [...]

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Photo Credit chefranden
I was talking to Tom last night, and it struck me that a bubble won’t be all bad. There are a couple of reasons why. First off, unlike the last time a green bubble popped when oil prices collapsed in the 1980s, this time around we have China and India to sustain [...]

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photo credit: Lori Greig
I wrote a post a couple of weeks back saying that the sooner oil reaches $200 per barrel, the better. Unsurprisingly, it generated a bit of comment!
So I was mighty chuffed to read Thomas Friedman’s superb Op-Ed in the New York Times yesterday where he made a very similar argument.
Thomas said:
there [...]

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