… while the global downturn may have delayed it by a couple of years, peak oil—the point at which global production reaches its maximum—is no more than five years away. Governments and corporations need to use the intervening years to speed up the development of and move toward other energy sources and increased energy efficiency. [...]
1913 Intel
Your world at risk. How the impossible becomes the inevitable.
The next crisis: prepare for peak oil – WSJ.com
Posted by Matt in February 10th, 2010 | no comment
Published in Oil, Corporations, Energy Crisis, Energy Efficiency, Energy Sources, Global Downturn, Global Production, Governments, More Than Five Years, peak oil, PeakOil, Wsj
Oil to hit $400 a barrel by 2018
Posted by Matt in June 5th, 2008 | 1 comment
Published in China, Oil, 1990s, Admiral, Caucasus, China, Chinese Economy, Countries, Energy Efficiency, Energy Prices, Gdp, High Quality, India, Nationalisation, Oil Fields, Oil Prices, Productivity, Quality Infrastructure, Russia, Three Times, Venezuela, World Gdp
“The big story is productivity in China,” he asserts, noting it is an incredible 9%, or three times the level of productivity in the US during its 1990s peak. Admiral Owens attributes this to the country’s high-quality infrastructure. It will allow the Chinese economy to soon become the second-largest in the world, with a GDP [...]
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