Monbiot peak oil u-turn based on duff maths

In his column of July 2nd George Monbiot recanted peak oil, claiming “the facts have changed, now we must change too”. Much of the article was spent regurgitating a recent report by Leonardo Maugeri, a former executive with the Italian oil company Eni, which Monbiot breathlessly reported “provides compelling evidence that a new oil boom has begun”. (more…)...
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Riddle of the Saudi sands

This article was published in Middle East Oil & Gas Monitor, 15 May 2012. The Saudi oil minister must be feeling pleased with himself. At the end of March, with Brent crude trading at around $125 per barrel, Ali al Naimi wrote a sharply worded column in the Financial Times claiming there was “no rational reason” for such high and economically damaging oil prices. Since then, Brent has slumped to around $112. Giving the market a stern talking-to apparently did the trick. (more…)...
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Climate cost of Total’s North Sea leak

First published at New Scientist, 30 March 2012. Coverage of the gas leak at Total's Elgin platform in the North Sea, off the UK coast, has so far focused on the potential for an explosion, and damage to sea life from hydrogen sulphide contamination - the latter now discounted. But methane is a powerful greenhouse gas, so what about the global warming impact? Here's what emerged from the back of my envelope. (more…)...
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