A new report suggests that fresh sources of oil in North America will loosen the global oil market. Will we stay addicted to …
peak oil
EcocentricOil
Energy: WikiLeaks Says That Peak Oil Could Be Coming Soon. Is It?
It’s the sort of news that would spoil an oil executive’s breakfast. Last night the Guardian reported that a cache of WikiLeaks cables from American diplomats in Saudi Arabia indicated that the Mideast country’s oil reserves could be overstated by as much as 40%. If true, that would have major implications for oil prices because the …
EcocentricOil
Brits Ponder Fuel Rationing
The last time the British government instituted a substantial rationing program was 1940—the Nazis had spread out across Europe and the continent was mobilizing for all-out war. The rationing program, which lasted until 1954, had a profound effect on the collective consciousness of the British public, and is largely remembered not …