Petrodollars & US dollar

A midweek roundup of peak oil news, including:
-Prices and production
-Iran

A weekly roundup of peak oil news, including:
-Top 10 Stories of 2009
-Prices and production
-Quote of the week
-Briefs

-OPEC leaves oil production unchanged
-EIA Energy Outlook 2010 Reference Case Projects Moderate Growth in US Energy Consumption, Greater Use of Renewables, and Reduced Oil and Natural Gas Imports
-Iraq will double exports to China to satisfy thirst for oil

-Iraq strengthens hand at OPEC with oil deals
-Iraq Auctions Development Rights to Oil Fields
-Majnoon win gives Shell a boost
-Shell, Lukoil to Join Iraqi Top Producers Based on Winning Bids

"as mankind proceeded to get bigger and bigger we silently crossed a threshold"

We cannot be lulled into a false sense of security: though oil prices have declined from their historic highs, there is little doubt that peak oil is real. A 2008 research project completed at Washington University in St. Louis found strong evidence in support of the theory. Please feel free to circulate this academic document as a primer on peak oil.

-The most recent economic downturn is a peak oil recession
-Oil: future world shortages are being drastically underplayed, say experts
-Oil reflects dollar moves, not market dynamics: Yergin
-Is the world awash in oil?

-IEA Whistleblower Claims Agency Has Downplayed Looming Oil Shortage
-"It's Really Bad" - Oil Supplies Intentionally Overstated
-Looming oil crunch played down: IEA whistleblower
-Did the US pressure the IEA over oil supply forecasts?

A weekly review including:
- Production and prices
- Recovery or Speculation?
- Climate Change
- Peak Demand
- Quote of the Week
- Energy Stat of the Week
- Briefs

The world’s first peak-oil recession has come to a close, according to third-quarter numbers invented by the federal government. Apparently dumping trillions of dollars onto big banks, insurance companies, and automobile manufacturers interrupted the plummeting descent of American Empire. The stock markets skyrocketed expectedly. Predictably, so did the commodities markets.

The party isn't over -- at least not yet. For the last year, relatively low oil prices have helped us all cope with the economic collapse. We've paid less for gasoline than we have for years. And businesses have paid less for running their factories, planes and product transportation. But last week we began hearing the music die down and waiters moving guests out the door.

Passing the world oil peak has had, and doubtless will continue to have, relatively little impact on the long-term price of gasoline. The economic implications of getting through the first half of the Oil Age have been much more significant, a trend that seems likely to continue until the collapse is complete.

-Oil Demand Has Peaked in Developed Nations, Never to Return -- Report
-Why Oil Is Much More Plentiful Than "Peak Oil" Advocates Claim
-Russia 2010 oil output to fall -Bernstein analysts
-Crude Oil Jumps Above $75 to One-Year High on Demand Optimism

A weekly round-up including:
- Prices and production
- China

Evolution demands short-term thinking focused on individual survival. Most attempts to overcome our evolutionarily hardwired absorption with self are selected against. The Overman is dead, killed by a high-fat diet and unwillingness to exercise. Reflexively, we follow him into the grave.