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Hoarding is exactly what the government is doing right now by filling the SPR, and frankly it's the best thing that could happen. It drives prices up. High prices encourage demand destruction. They also finance new well development. The hoarded oil gives us a buffer to fall back on once shortages become more prevalent. High prices are what we need in order to adapt to what's coming, and the sooner they happen, the better.

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Stories Archive

Peak Oil News: July 2004

ArticlescommentsreadsScoreDateActions
· Response to ''Paying the Pumper'' by J. Robinson West5153842004-07-26Printer Friendly Page Send this Story to a Friend
· 5 FARMERS GET DEATH FOR STEALING OIL591902004-07-26Printer Friendly Page Send this Story to a Friend
· Natural resources funds surge296102004-07-26Printer Friendly Page Send this Story to a Friend
· Iraq Pipeline Watch5135852004-07-26Printer Friendly Page Send this Story to a Friend
· Crude oil price may reach record high075702004-07-26Printer Friendly Page Send this Story to a Friend
· China's power crisis285802004-07-26Printer Friendly Page Send this Story to a Friend
· Some hybrids not as reliable as gas-powered models083902004-07-26Printer Friendly Page Send this Story to a Friend
· How Long Will the Oil Age Last?6115912004-07-25Printer Friendly Page Send this Story to a Friend
· Gas Prices Rising, Again171602004-07-25Printer Friendly Page Send this Story to a Friend
· Saudis hint at production rise381002004-07-25Printer Friendly Page Send this Story to a Friend
· Alberta Oil Sands330934.552004-07-25Printer Friendly Page Send this Story to a Friend
· Analyst: High oil prices spur need for energy diversity278502004-07-25Printer Friendly Page Send this Story to a Friend
· editorial: The Petrodraft489602004-07-25Printer Friendly Page Send this Story to a Friend
· Forget global terrorism.3100602004-07-25Printer Friendly Page Send this Story to a Friend
· Exploratory oil drilling completed in Gulf off Cuba488802004-07-25Printer Friendly Page Send this Story to a Friend
· China Faces 250 Million Ton Oil Shortage by 2020175152004-07-25Printer Friendly Page Send this Story to a Friend
· Bolivia's natural-gas find opens financial floodgates383402004-07-24Printer Friendly Page Send this Story to a Friend
· Oil, Venezuela's Lifeblood, Is Now Its Social Currency, Too279302004-07-24Printer Friendly Page Send this Story to a Friend
· Riyadh hints at oil production increase696202004-07-24Printer Friendly Page Send this Story to a Friend
· Oil sands will drive 40% hike in crude output381402004-07-24Printer Friendly Page Send this Story to a Friend
· World creeping closer to `oil shock'3106332004-07-24Printer Friendly Page Send this Story to a Friend
· Bacteria, Underground Fires to Unlock Oil Reserves391302004-07-23Printer Friendly Page Send this Story to a Friend
· Beijing 'brown-out' to save power386602004-07-23Printer Friendly Page Send this Story to a Friend
· Shell Acquires Additional Athabasca Oil Sands Leases4112812004-07-23Printer Friendly Page Send this Story to a Friend
· Victory: shale oil project collapses088952004-07-22Printer Friendly Page Send this Story to a Friend
· The Guardian on human population4100602004-07-22Printer Friendly Page Send this Story to a Friend
· Japan's June Oil Imports Fall 12% as Reactors Restart378702004-07-22Printer Friendly Page Send this Story to a Friend
· Oil hovers above $40 for 7th day479802004-07-22Printer Friendly Page Send this Story to a Friend
· OPEC Plans 10 Percent Boost In Oil478602004-07-22Printer Friendly Page Send this Story to a Friend
· The gas station that time forgot180002004-07-22Printer Friendly Page Send this Story to a Friend
· China Warns of More Power, Oil Shortages077202004-07-22Printer Friendly Page Send this Story to a Friend
· Venezuela may suspend oil shipments to US486602004-07-22Printer Friendly Page Send this Story to a Friend
· China Crude Imports At New Record, Stockbuild Seen2105502004-07-21Printer Friendly Page Send this Story to a Friend
· China Warns of More Power, Oil Shortages075102004-07-21Printer Friendly Page Send this Story to a Friend
· Thirsty Invaders, Chasing Heat283302004-07-21Printer Friendly Page Send this Story to a Friend
· China's Oil Imports from Sudan Draw Controversy077052004-07-21Printer Friendly Page Send this Story to a Friend
· Canadian oil sands5133102004-07-21Printer Friendly Page Send this Story to a Friend
· Heating Oil Spike Could Signal Inflation Risk073402004-07-21Printer Friendly Page Send this Story to a Friend
· Lawmaker Urges Oil-Reserve Accounting Overhaul484302004-07-20Printer Friendly Page Send this Story to a Friend
· OPEC oil production now at 25-year high281302004-07-20Printer Friendly Page Send this Story to a Friend
· Greenspan Says Rates Could Rise Quickly064102004-07-20Printer Friendly Page Send this Story to a Friend
· US increases scrutiny of oil groups068002004-07-20Printer Friendly Page Send this Story to a Friend
· Oil Prices Look High For Some Time482802004-07-20Printer Friendly Page Send this Story to a Friend
· Reliance on Middle East oil not risk to supply269402004-07-20Printer Friendly Page Send this Story to a Friend
· UPDATE 4-U.S. oil hits $42 ahead of contract expiry278202004-07-20Printer Friendly Page Send this Story to a Friend
· Oil Price Unlikely to Reach $50/barrel: Kuwaiti Official068202004-07-20Printer Friendly Page Send this Story to a Friend
· Bolivia Moves to Take Control of Oil Wells After Vote487102004-07-19Printer Friendly Page Send this Story to a Friend
· Coal-to-liquid solution for energy woes3107752004-07-19Printer Friendly Page Send this Story to a Friend
· Natural gas crisis looms, study warns3107502004-07-19Printer Friendly Page Send this Story to a Friend
· Shell wives excluded from next year's finance conference3120342004-07-19Printer Friendly Page Send this Story to a Friend
· The New Energy 'Crisis' and Iraq281902004-07-19Printer Friendly Page Send this Story to a Friend
· The ''worst'' is yet to come4103002004-07-19Printer Friendly Page Send this Story to a Friend
· OPEC predicts surging demand for oil next year272602004-07-19Printer Friendly Page Send this Story to a Friend
· The Lessons of History - 30 years later287902004-07-19Printer Friendly Page Send this Story to a Friend
· Peak Oil in the Guardian again186602004-07-19Printer Friendly Page Send this Story to a Friend
· Kuwait sees oil falling to $28 a barrel484902004-07-18Printer Friendly Page Send this Story to a Friend
· Big Oil Protects its Interests374202004-07-18Printer Friendly Page Send this Story to a Friend
· Oil prices giving dealers a big chill076002004-07-18Printer Friendly Page Send this Story to a Friend
· Why 2004 Will Be Remembered as the Year World Oil Production Peaked390052004-07-18Printer Friendly Page Send this Story to a Friend
· Record prices prompt little new drilling to replace imported fuels390702004-07-18Printer Friendly Page Send this Story to a Friend
· New clathrate shows promise for H2 storage380602004-07-18Printer Friendly Page Send this Story to a Friend
· Deep Hot Biosphere author Gold dies2114332004-07-18Printer Friendly Page Send this Story to a Friend
· China becomes Singapore's 4th largest market for non-oil exports066302004-07-17Printer Friendly Page Send this Story to a Friend
· Oil: Price ends above US$41 as funds flow in374702004-07-17Printer Friendly Page Send this Story to a Friend
· China speeds up building strategic oil reserve base376552004-07-16Printer Friendly Page Send this Story to a Friend
· Traders welcome fuel oil futures' launch cautiously266702004-07-16Printer Friendly Page Send this Story to a Friend
· Oil at $41, demand hits 20-year high069902004-07-16Printer Friendly Page Send this Story to a Friend
· Pipeline attacks in Iraq halt oil exports to Turkey369702004-07-16Printer Friendly Page Send this Story to a Friend
· Exxon-Mobil to build N. Gas to Diesel plant in Qatar272502004-07-16Printer Friendly Page Send this Story to a Friend
· Canada to Boost Daily Oil Output 38% by 2015, Producers Say677902004-07-15Printer Friendly Page Send this Story to a Friend
· Oil Prices Dip on OPEC Move372602004-07-15Printer Friendly Page Send this Story to a Friend
· Another book on Peak Oil2111302004-07-15Printer Friendly Page Send this Story to a Friend
· Spies? Even Maxwell Smart wouldn't believe it590202004-07-15Printer Friendly Page Send this Story to a Friend
· Realistic Choices in Future Energy Investments396242004-07-15Printer Friendly Page Send this Story to a Friend
· OPEC to Make Quota Boost, May Cancel July 21 Meeting182202004-07-15Printer Friendly Page Send this Story to a Friend
· Iraq oil lines sabotaged172002004-07-15Printer Friendly Page Send this Story to a Friend
· Oil climbs above $41 as supply fears persist372002004-07-15Printer Friendly Page Send this Story to a Friend
· Nigeria: U.S. Offers Military Help to Protect Offshore Oil585402004-07-14Printer Friendly Page Send this Story to a Friend
· Surprised in October?281002004-07-14Printer Friendly Page Send this Story to a Friend
· Democrats Push a Bill That Might Kill OPEC190302004-07-13Printer Friendly Page Send this Story to a Friend
· IEA Foresees Oil Demand Growth Cooling370902004-07-13Printer Friendly Page Send this Story to a Friend
· Physics Today: Basic Choices and Constraints on Long−Term Energy Supplies512504.52004-07-13Printer Friendly Page Send this Story to a Friend
· Peak Oil reaches Investors499802004-07-13Printer Friendly Page Send this Story to a Friend
· Simmons: The Implications of Saudi Arabian Oil Declining412994.52004-07-13Printer Friendly Page Send this Story to a Friend
· Does Global Warming Affect Oil Production?397402004-07-13Printer Friendly Page Send this Story to a Friend
· AL QAIDA COULD DRIVE OIL PRICES TO $60/BARREL177702004-07-13Printer Friendly Page Send this Story to a Friend
· A New World of Oil291252004-07-13Printer Friendly Page Send this Story to a Friend
· China and Japan's oil rivalry unavoidable287502004-07-13Printer Friendly Page Send this Story to a Friend
· World oil demand will continue to grow rapidly in 2005388442004-07-13Printer Friendly Page Send this Story to a Friend
· Coal-bed Methane Video Special CBC3140802004-07-13Printer Friendly Page Send this Story to a Friend
· Massive blackout in Greece!382342004-07-12Printer Friendly Page Send this Story to a Friend
· N.Y. Oil Climbs to 5-Week High as U.S. Gasoline Demand Soars577902004-07-12Printer Friendly Page Send this Story to a Friend
· Water, Water Everywhere (but not a drop to drink)5108102004-07-12Printer Friendly Page Send this Story to a Friend
· The algae alternative293702004-07-12Printer Friendly Page Send this Story to a Friend
· Oil Kamikaze387202004-07-12Printer Friendly Page Send this Story to a Friend
· The Greatest Story Never Told?388252004-07-12Printer Friendly Page Send this Story to a Friend
· China 40% dependent on crude oil imports as of May377652004-07-12Printer Friendly Page Send this Story to a Friend
· Exclusive: Election Day Worries273252004-07-12Printer Friendly Page Send this Story to a Friend
· How large is Prudhoe Bay?12118094.352004-07-11Printer Friendly Page Send this Story to a Friend
· Days are numbered for plentiful oil supply289502004-07-11Printer Friendly Page Send this Story to a Friend
· Big deepwater world oil reserves to be found291302004-07-11Printer Friendly Page Send this Story to a Friend
· Oil Gone2112852004-07-10Printer Friendly Page Send this Story to a Friend
· Australian oil production declining fast185602004-07-10Printer Friendly Page Send this Story to a Friend
· OPEC Still Committed to Raising Quota by 500,000 bpd Next Month267802004-07-10Printer Friendly Page Send this Story to a Friend
· Electric vehicles are the answer?175312004-07-10Printer Friendly Page Send this Story to a Friend
· Wall Street Life: Take an oil price over $40 - then quadruple it1188602004-07-10Printer Friendly Page Send this Story to a Friend
· After the Oil Runs Out3101042004-07-10Printer Friendly Page Send this Story to a Friend
· Skids are Greased for Oil Crisis274802004-07-10Printer Friendly Page Send this Story to a Friend
· UK close to losing status as oil exporter168402004-07-09Printer Friendly Page Send this Story to a Friend
· Oil Fields: Cold Storage for Greenhouse Gases?371552004-07-09Printer Friendly Page Send this Story to a Friend
· Wind Power for Old Oil Rigs397102004-07-09Printer Friendly Page Send this Story to a Friend
· Science group warns of political interference482902004-07-09Printer Friendly Page Send this Story to a Friend
· Why your electric bills are soaring394002004-07-09Printer Friendly Page Send this Story to a Friend
· Someone in Cleveland is paying attention2389502004-07-09Printer Friendly Page Send this Story to a Friend
· Swiss MP on Peak Oil: Ten steps to a sustainable energy future4103002004-07-09Printer Friendly Page Send this Story to a Friend
· Good times roll for coal producers2116602004-07-08Printer Friendly Page Send this Story to a Friend
· Review: The Truth about Oil and the Looming World Energy Crisis. C. J. Campbell090042004-07-08Printer Friendly Page Send this Story to a Friend
· Eco-Marathon competitor achieves 9737mpg5107802004-07-08Printer Friendly Page Send this Story to a Friend
· Saddam Hussain, Saudi Arabia and higher oil prices296602004-07-08Printer Friendly Page Send this Story to a Friend
· Deep Water Covers 180B Bbls Undiscovered Oil, Gas - Study281602004-07-08Printer Friendly Page Send this Story to a Friend
· Japan launches oil, gas survey in disputed waters4131002004-07-08Printer Friendly Page Send this Story to a Friend
· This is getting silly...079502004-07-07Printer Friendly Page Send this Story to a Friend
· Real cost of burning gasoline - $6 to $7 per gallon395002004-07-07Printer Friendly Page Send this Story to a Friend
· Pressures at home bedevil Opec ministers677502004-07-07Printer Friendly Page Send this Story to a Friend
· OPEC serious about changes in price band381802004-07-07Printer Friendly Page Send this Story to a Friend
· Ontario to refit Nuke plant and possibly build more.288102004-07-07Printer Friendly Page Send this Story to a Friend
· The Price of Oil491842004-07-07Printer Friendly Page Send this Story to a Friend
· Blair reignites nuclear debate482642004-07-07Printer Friendly Page Send this Story to a Friend
· Marketplace Report: Bad News for Oil Market384702004-07-06Printer Friendly Page Send this Story to a Friend
· Oil prices surge to one month highs on supply fears367302004-07-06Printer Friendly Page Send this Story to a Friend
· Indiana Jones and the China crusade388952004-07-06Printer Friendly Page Send this Story to a Friend
· Iran upbeat on oil forecasts, analysts sceptical178902004-07-05Printer Friendly Page Send this Story to a Friend
· Energy conservation to top government agenda489502004-07-05Printer Friendly Page Send this Story to a Friend
· Fuel for thought - petrol alternatives089932004-07-05Printer Friendly Page Send this Story to a Friend
· Price controls on gasoline: bad idea062802004-07-05Printer Friendly Page Send this Story to a Friend
· Iraqi Oil Exports Are Cut Nearly in Half471502004-07-05Printer Friendly Page Send this Story to a Friend
· Saudi castle of sand376602004-07-05Printer Friendly Page Send this Story to a Friend
· Iran Number-Two Position For World Oil Reserves310454.52004-07-04Printer Friendly Page Send this Story to a Friend
· Happy Birthday America!384602004-07-04Printer Friendly Page Send this Story to a Friend
· Oil fuels household price increases173602004-07-04