Last week, peak oil skeptics could breath a sigh of relief when “BP announced… a giant oil discovery at its Tiber prospect in the deepwater Gulf of Mexico.“ 
At 11km deep the drilling itself is notable, but the real excitement comes from parsing the word “giant.”  As the FT points out, the IEA defines [...]

A physicist, a chemist and an economist are stranded on a deserted island. A case of canned food washes ashore. The physicist says “I can open these cans by climbing that tree and dropping rocks on them!” The chemist says, “No, I can open these cans by creating a corrosive solution from salt water and [...]

Summer vacation season is here and we expect that Times editorial board may be having a hard time getting quality content, which may explain why they’re scraping the bottom of the barrel with “Peak Oil is a Waste of Energy” by Michael Lynch on the op-ed page.
Michael Lynch has been speaking and publishing for [...]

Except that this Clipper is not a ship, it’s an oil pipeline to be built by Enbridge.  One that stretches 1,590 kilometers from Hardisty in central Alberta to Superior, Wisconsin and will carry 450,000 barrels per day of heavy crude, with an option to expand to 800,000 barrels a day.
The US State Department issued a [...]

- The latest issue of Foreign Affairs is out and is filled with climate and energy related issues: an analysis of the upcoming Copenhagen Conference,  “Black Carbon” emissions, Cap and Trade versus a Carbon Tax, and a contrarian forecast for an extended period of low oil prices.  We expect some insightful commentary from this well-respected [...]

– Things are heating up with respect to curbing speculation in oil markets.  The FSA in the UK and CFTC here in the US are both back at trying to de-speculate oil markets.  While the WSJ and Economist fight it out over just how much of a role speculation has actually played in the [...]

Today’s news featured two stories that cry out for “compare and contrast.” T. Boone Pickens, the very public face of wind energy in the US, announced that he is downsizing his “world’s biggest” Texas wind farm plans in the face of various setbacks. And the other BP, oil and gas giant “Beyond Petroleum” said [...]