More from Matt Simmons on what's awry in the oil patch. You need rigs to drill oil and we apparently have rust buckets galore, positively vintage in auto terms.
The Energy Watch Group, a German outfit, has published a lengthy report on the state of oil production and reserves. The Executive Summary is here. The report is being chewed on by Peak Oilers all over. They are of the view that we are at peak.
For a fabulous compendium of reports around Peak Oil and alternative fuels, look no further. It includes links to sites that clearly lay out the pitfalls and challenges to alternatives from ethanol to oil shale.
And a view from Europe about the oncoming global crisis. They name the 7 sequences and will be following each in turn.
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