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OPEC’s Growing Call on Itself

publications

Publication date: 2007-09-10 First published in: CIBC World Markets Authors: Jeff Rubin, Peter Buchanan Abstract: The call on OPEC has long been referred to as a measure of pressure on world supply, is the difference between world demand and non-cartel…

ASPO Kuwait Enters The Arena

World Watch peak oil

One of the newest additions to ASPO International is ASPO Kuwait. They were started in 2008 and consists of mostly chemical engineers. ASPO Kuwait is lead by the engineer Ahmad Al-Majed. The group has already been interviewed by newspaper, radio…

Oil price breaks 140 dollar/barrel barrier!

crude-oil

Oil prices crossed 140 dollars a barrel for the first time in New York and London on Thursday amid a declining dollar and after OPEC warned prices could hit 170 dollars this year. New York’s main oil futures contract, light…

EIA slashes forecast for world oil output by 2010

Peak oil historical price chart

The US Energy Information Administration said crude oil production from non-Opec countries would not be able to keep up with growing global demand in the next few years, forcing oil consuming nations to rely more on Opec for supplies. In…

BP challenges ASPO in bet over peak oil

BP Plc Chief Executive Officer Tony Hayward is putting money on the line to dispute the theory of peak oil, according to his counterparty in the wager Kjell Aleklett, a professor at Sweden’s Uppsala University. Hayward bet Aleklett the price…

ASPO Conference in Barcelona

Bob Hirsch ASPO USA

The next ASPO conference will take place in Barcelona in Spain during 20-21 October 2008. The traditional topics, such as oil and gas (and coal), will be discussed by various speakers. Apart from that also energy security and other proposed…