By John Richardson SAUDI Arabia’s crude-oil reserves may have been overstated by as much as 40% or 300bn barrels, according to this article on February 8 in the Guardian, based on cables between Saudi and US diplomats obtained by Wikileaks. The blog the Oil Drum used the occasion of the article to […]
Asian Chemical Connections
ExxonMobil Gas Buy Supports “Fuel Of The Future” Argument
By John Richardson ExxonMobil’s purchase of XTO Energy for US$41bn seems to support the widely-held view that natural gas is the fuel for the future. XTO specialises in the technology necessary to exploit shale gas and other hard-to-get-at unconventional gas reserves, including the large amounts of shale gas in the US – one of […]
The big challenges
As delegates gather for this year’s European Petrochemical Association meeting in the unreal world of Monaco (unreal for the 99.9 per cent recurring of us who don’t own Ferraris), I thought it was worth summarising some of the issues discussed on this blog over the last few months. We’ve dealt with: *Oil-price volatility and the […]
Changing nature of demand
green homes, the Economist, Peak Oil, speculators, changing demand growth
History will repeat itself
Peak Oil, carbon credits, carbon capture and storage, collaterised green obligations, property prices, financial meltdown
The world is round after all
Thomas Friedman, globalisation, global warming, Peak Oil, Hot, Flat and Crowded, climate change, SABIC
A drowning man will clutch onto anything
Peak Oil, Deutsche Bank, gas pricing, coal-o-chemicals, coal gasification, PetroRabigh, Saudi Aramco, Sumitomo Chemical
Yes, I know – I was wrong!
Peak Oil, falling crude, being Scottish, Asian shares collapse, Brent crude
What’s it like to be a millionaire?
food poverty, Peak Oil, Asian Development Bank, World Bank, MMSA
“There must be some way out of here….”
Peak Oil, Jimi Hendrix, Ben Bernanke, Federal Reserve, Goldman Sachs, Alberta Tar Sands, resource nationalism
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