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0Global oil consumption hits all-time high of 87.4 million barrels a day 1313509560
What global recession? After falling 1.5 percent from 2008 to 2009, global oil consumption soared to an all-time high of 87.4 million barrels per day in 2010, according to the online Vital Signs report published by Worldwatch Institute. The 3.1 percent increase in consumption in 2010 easily makes ...
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Opinion: Opinion: What if it turns out there's plenty of oil? [w/video] 1311116460
As the relative price of gasoline drops, people are not motivated to buy small, fuel efficient cars.All the top executives in the auto industry tell me that oil supplies will only get tighter this decade. They predict that fuel prices will do nothing but go up. And they say customers will be ... -
Peak Oil, Peak Travel... Peak Car? 1309460040
The United States hit peak oil production in 1970. Depending on your sources, we may have already passed global peak production or we may not reach the downslope in for a few more years. Still, even if the amount of fuel being pumped out of the Earth has crested, surely all those new four-wheel ...
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Wikileaks: U.S. believes Saudi Arabia is running out of oil 1297279140
Peak oil, according to Wikipedia, is the point in time when the maximum rate of global petroleum extraction is reached, after which the rate of production enters terminal decline. Opinions vary on when the world will actually reach a peak oil scenario, but a new report detailed by Julian ...
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A study of developed nations suggests they have hit 'peak travel' 1294332900
While the debate over peak oil rages on, a new yardstick has emerged: "peak travel." In a nutshell, peak travel is the point at which the number of miles driven per year per person has reached its peak. Lee Schipper, a researcher at the Precourt Energy Efficiency Center at Stanford University, ...
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Report: Americans using 8% less gasoline than 2006 peak, will never go up again 1293065700
Peak oil, according to the great and all-knowing Wiki, "is the point in time when the maximum rate of global petroleum extraction is reached, after which the rate of production enters terminal decline." Regardless of your opinions on whether or not the planet has entered into its Peak Oil stage, ...
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Analyst: Price of oil in 2020? $300 a barrel 1289610360
Energy analyst Charles Maxwell of Weeden & Co. sat down to discuss peak oil, alternative energy and the future cost of a barrel of crude with Index Universe managing editor Olivier Ludwig recently. Maxwell, a man who has been involved in the oil industry for more than half a century, is ...
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Three governments, two worries: oil surpluses vs. peak oil 1283990880
That worry (or hope, depending on your point of view) that oil might soon drop to $10 a barrel? It might be here – or maybe not. It all depends on who you ask. If you ask the Energy Information Administration (EIA), the answer seems to be "low prices ahead." Right now, supplies of ...
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Report: Peak coal could happen by 2011... if we don't start any more mines! 1281023820
Whenever you see a study (or survey), the first thing you need to do before drawing any conclusions about said study's (or survey's) conclusions is to determine what question was asked. For example, a newly completed study found that "peak coal" could occur as soon as 2011. We've been hearing ... -
When the sand runs out of oil, do politicians' heads go there? 1276127400
Here's how you make friends and influence people: say that politicians and industry experts have their "heads in the sand" when it comes to understanding how much oil is left in the world. That's what Britain's former chief scientist, Sir David King, said recently, adding that people with a ...
