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We cannot drill our way out of this oil crisis. Since 2000, oil companies working in the U.S. have doubled the number of wells drilled per year.

Although increased drilling has added new oil to the nation's supply, it has not done so fast enough to offset the terminal decline of existing fields.

We are going to have to import more of our oil. Period.

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Stories Archive

Peak Oil News: June 2005

ArticlescommentsreadsScoreDateActions
· 'Clean energy' power station move586702005-06-30Printer Friendly Page Send this Story to a Friend
· Oil prices 'drive US action on climate'064012005-06-30Printer Friendly Page Send this Story to a Friend
· S.Korea plagued by high oil price057502005-06-30Printer Friendly Page Send this Story to a Friend
· Launch of World Oil Data Delayed Again on Quality Issues380102005-06-30Printer Friendly Page Send this Story to a Friend
· Oil tipped to hit $70 soon2153712005-06-30Printer Friendly Page Send this Story to a Friend
· Energy cold war is on - China and India race to acquire PetroKazakhstan175102005-06-30Printer Friendly Page Send this Story to a Friend
· Japan report spurs call for joint oil hunt051702005-06-30Printer Friendly Page Send this Story to a Friend
· Problems in pipeline for Russia's oil dream054802005-06-30Printer Friendly Page Send this Story to a Friend
· US consumed 77m barrels more in 2004 than previously reported - Oilcast #14153852005-06-30Printer Friendly Page Send this Story to a Friend
· Spectre of drought hangs over Europe261612005-06-30Printer Friendly Page Send this Story to a Friend
· Increasing cost of diesel has attention of truckers173202005-06-30Printer Friendly Page Send this Story to a Friend
· Crude up as Opec halts output talks058902005-06-30Printer Friendly Page Send this Story to a Friend
· Could Experimental Thermonuclear Reactor Save the World From Peak Oil?259802005-06-30Printer Friendly Page Send this Story to a Friend
· Fed to Raise Rates Three More Times, Bond Dealers Say346702005-06-30Printer Friendly Page Send this Story to a Friend
· Bird flu: An ill wind from the East056102005-06-30Printer Friendly Page Send this Story to a Friend
· Snow: US may review CNOOC's oil takeover155902005-06-30Printer Friendly Page Send this Story to a Friend
· OPEC, energy efficiency, investment hold answer to oil price: IEA155302005-06-30Printer Friendly Page Send this Story to a Friend
· Global economy 'to slow in 2005'158602005-06-30Printer Friendly Page Send this Story to a Friend
· Emission cuts 'vital' for oceans456902005-06-30Printer Friendly Page Send this Story to a Friend
· Congressman Roscoe Bartlett Discusses Peak Oil169202005-06-30Printer Friendly Page Send this Story to a Friend
· Strong Cycle for Oil Services Sector to Continue, Analyst Says054102005-06-30Printer Friendly Page Send this Story to a Friend
· OPEC Exports Surge In Four Weeks To July 16 -Oil Movements046502005-06-30Printer Friendly Page Send this Story to a Friend
· Cargo Traffic Drops on Oil Price Effect155202005-06-30Printer Friendly Page Send this Story to a Friend
· The Fungibility of Oil?159302005-06-30Printer Friendly Page Send this Story to a Friend
· Thais told to save energy as oil bills rise045702005-06-30Printer Friendly Page Send this Story to a Friend
· Crumbs from the carbon banquet288002005-06-30Printer Friendly Page Send this Story to a Friend
· Fuel cell cars face bumpy road despite $60 oil357402005-06-30Printer Friendly Page Send this Story to a Friend
· World oil consumption hits record high in 2004: BP report258702005-06-30Printer Friendly Page Send this Story to a Friend
· Venezuela opts out of OPEC oil production increases044602005-06-30Printer Friendly Page Send this Story to a Friend
· Caribbean oil initiative launched051602005-06-29Printer Friendly Page Send this Story to a Friend
· Can Democracy Survive Without Fossil Fuels?4122342005-06-29Printer Friendly Page Send this Story to a Friend
· One in Six Countries Facing Food Shortage058912005-06-29Printer Friendly Page Send this Story to a Friend
· UK's Blair:Not Possible To Persuade US To Implement Kyoto054002005-06-29Printer Friendly Page Send this Story to a Friend
· Greenpace: Nuclear fusion project senseless stupidity7146502005-06-29Printer Friendly Page Send this Story to a Friend
· Future Climate Could Be Hotter Than Thought277002005-06-29Printer Friendly Page Send this Story to a Friend
· Oil Drops on Report U.S. Crude, Fuel Inventories Rose Last Week379202005-06-29Printer Friendly Page Send this Story to a Friend
· Bomb The Suburbs4179302005-06-29Printer Friendly Page Send this Story to a Friend
· IEA Says OPEC, Energy Efficiency, Investment Key to Oil Price170202005-06-29Printer Friendly Page Send this Story to a Friend
· Why Withdrawl Is Possible363802005-06-29Printer Friendly Page Send this Story to a Friend
· Could Experimental Thermonuclear Reactor Save the World from Peak Oil?691802005-06-29Printer Friendly Page Send this Story to a Friend
· Is Fusion the Best Way Forward?369602005-06-29Printer Friendly Page Send this Story to a Friend
· China To Use Oil Reserves To Smooth Prices -Sinochem VP253802005-06-29Printer Friendly Page Send this Story to a Friend
· Boone Pickens says it's here.272152005-06-29Printer Friendly Page Send this Story to a Friend
· Revolution, geopolitics and pipelines266302005-06-29Printer Friendly Page Send this Story to a Friend
· Complacency Has Many Forms051302005-06-29Printer Friendly Page Send this Story to a Friend
· Cost of nuclear 'underestimated'250902005-06-29Printer Friendly Page Send this Story to a Friend
· Zimbabwe triples price of petrol061902005-06-29Printer Friendly Page Send this Story to a Friend
· Andrew McKillop: Should Mahmoud Ahmedinjad use the oil weapon?393302005-06-29Printer Friendly Page Send this Story to a Friend
· High Oil Prices Causing Worries for Asia165702005-06-29Printer Friendly Page Send this Story to a Friend
· PetroKaz 'for sale' sign sends shares up251902005-06-29Printer Friendly Page Send this Story to a Friend
· Official warns vs any efforts to 'starve' China of energy266502005-06-29Printer Friendly Page Send this Story to a Friend
· China's oil demand to grow 6-8 pct in 2005 - NDRC official150902005-06-29Printer Friendly Page Send this Story to a Friend
· Russia offers pipelines for Caspian oil and gas045002005-06-29Printer Friendly Page Send this Story to a Friend
· Caspian Sea to Become Major Oil Supplier160152005-06-29Printer Friendly Page Send this Story to a Friend
· China courts Russia, Kazakhstan in hunt for oil149702005-06-29Printer Friendly Page Send this Story to a Friend
· Nuclear power 'too slow' - report043602005-06-29Printer Friendly Page Send this Story to a Friend
· World will pay dearly for ignoring climate052902005-06-29Printer Friendly Page Send this Story to a Friend
· EU Grain Crop Dented by Early Summer Heatwave145802005-06-29Printer Friendly Page Send this Story to a Friend
· Interest Rises in Ethanol-Heavy E85148002005-06-29Printer Friendly Page Send this Story to a Friend
· Upgrades by refineries won't help your wallet151102005-06-29Printer Friendly Page Send this Story to a Friend
· Color Revolutions, Geopolitics and the Baku Pipeline147602005-06-29Printer Friendly Page Send this Story to a Friend
· Iranian minister due for pipeline talks140902005-06-29Printer Friendly Page Send this Story to a Friend
· Fueling a hydrogen boom255602005-06-29Printer Friendly Page Send this Story to a Friend
· Shell shareholders approve merger134202005-06-29Printer Friendly Page Send this Story to a Friend
· Uranium Exports to 'Treble' Within Five Years045502005-06-28Printer Friendly Page Send this Story to a Friend
· Taiwan Phases Out All Nuclear Power, For Coal043802005-06-28Printer Friendly Page Send this Story to a Friend
· Chinese Chess166502005-06-28Printer Friendly Page Send this Story to a Friend
· Saudi Aramco Sees Growing Cushion of Light Crude Oil461302005-06-28Printer Friendly Page Send this Story to a Friend
· Oil Spike A Reminder Of 1990 But World Has Changed056202005-06-28Printer Friendly Page Send this Story to a Friend
· Venezuela Seeks to Build Oil Alliance043002005-06-28Printer Friendly Page Send this Story to a Friend
· China on the International Oil Market140202005-06-28Printer Friendly Page Send this Story to a Friend
· Peak Oil: Two Approaches, One Answer056002005-06-28Printer Friendly Page Send this Story to a Friend
· The Luxury of Being Green?044202005-06-28Printer Friendly Page Send this Story to a Friend
· Storm costs 'could rise by 66%'043002005-06-28Printer Friendly Page Send this Story to a Friend
· US Senate Passes Energy Bill253732005-06-28Printer Friendly Page Send this Story to a Friend
· Green Engines Seen Doubling US Auto Share247602005-06-28Printer Friendly Page Send this Story to a Friend
· Climate change 'worries children'038902005-06-28Printer Friendly Page Send this Story to a Friend
· Is Gotham (America) worth saving?1103802005-06-28Printer Friendly Page Send this Story to a Friend
· G8 Leaders' Cars to Use Eco-Fuel Made From Straw151202005-06-28Printer Friendly Page Send this Story to a Friend
· Oil forecasts `glib, futile and damaging` - Oilcast #13153952005-06-28Printer Friendly Page Send this Story to a Friend
· No End in Sight for Soaring Oil Prices1107602005-06-28Printer Friendly Page Send this Story to a Friend
· Snow Says Oil Prices Hurting Economy267902005-06-28Printer Friendly Page Send this Story to a Friend
· China Oil Trade Deficit $30 Billion In '04, 'Unbearable' Official163002005-06-28Printer Friendly Page Send this Story to a Friend
· Peak Oil and America's Declining Social Capital153202005-06-28Printer Friendly Page Send this Story to a Friend
· $13 billion nuclear fusion site gets green light044702005-06-28Printer Friendly Page Send this Story to a Friend
· The Saudi oil bombshell159702005-06-28Printer Friendly Page Send this Story to a Friend
· Central banks fear slump as oil soars near $61046202005-06-28Printer Friendly Page Send this Story to a Friend
· Oil prices to stay $50-$60 this year151502005-06-28Printer Friendly Page Send this Story to a Friend
· Iran most important source of oil: Aiyar (India)041902005-06-28Printer Friendly Page Send this Story to a Friend
· Now That Gazprom Is Ours (Russia)041652005-06-28Printer Friendly Page Send this Story to a Friend
· Blair Admits G8 Climate Deal ''Very Difficult''240402005-06-28Printer Friendly Page Send this Story to a Friend
· Climate change in Egypt 'to force millions to migrate'053702005-06-28Printer Friendly Page Send this Story to a Friend
· Natural gas--the next fossil fuel shortage?292802005-06-28Printer Friendly Page Send this Story to a Friend
· Ethanol Industry Sets Record Production For April043902005-06-28Printer Friendly Page Send this Story to a Friend
· Could the U.S. Energy Bill Bring a Nuclear Boom?153602005-06-28Printer Friendly Page Send this Story to a Friend
· 6 new Matthew Simmons presentations:397402005-06-28Printer Friendly Page Send this Story to a Friend
· PetroChina Overtakes Toyota as Asia's Biggest Company145202005-06-28Printer Friendly Page Send this Story to a Friend
· Countdown to Iran ... and Unprecedented Spikes in Oil and Gold Prices061302005-06-28Printer Friendly Page Send this Story to a Friend
· DON'T SLIP ON THE OIL, PART 3156202005-06-28Printer Friendly Page Send this Story to a Friend
· Revisiting the Iranian revolution041702005-06-28Printer Friendly Page Send this Story to a Friend
· Hobbesian hell in the making264942005-06-28Printer Friendly Page Send this Story to a Friend
· France gets nuclear fusion plant045402005-06-28Printer Friendly Page Send this Story to a Friend
· State's infrastructure marked poorly (Australia)033502005-06-28Printer Friendly Page Send this Story to a Friend
· Power crunch forces blackouts (Canada)050902005-06-28Printer Friendly Page Send this Story to a Friend
· Europe may force airlines to pay for CO2 emissions357102005-06-28Printer Friendly Page Send this Story to a Friend
· Drivers in appeal over diesel tax (UK)048002005-06-28Printer Friendly Page Send this Story to a Friend
· Climate change 'to drown Britain'044802005-06-28Printer Friendly Page Send this Story to a Friend
· Army Whistle-Blower Blasts Halliburton Deals260652005-06-27Printer Friendly Page Send this Story to a Friend
· World's Refineries May Not Meet U.S.' Growing Gasoline Appetite368802005-06-27Printer Friendly Page Send this Story to a Friend
· US Fears Mount Over Chinese Move on Unocal148902005-06-27Printer Friendly Page Send this Story to a Friend
· The Politics of Survival4113002005-06-27Printer Friendly Page Send this Story to a Friend
· BIS Sounds Alarm as Oil Price Sets Another Record166102005-06-27Printer Friendly Page Send this Story to a Friend
· Oil Prices Undermine the Dollar and the Yen050802005-06-27Printer Friendly Page Send this Story to a Friend
· OPEC May Reach Decision on Output Hike This Week255102005-06-27Printer Friendly Page Send this Story to a Friend
· South Korea Plans to Boost Oil Resources, Estimates Needs $10B047042005-06-27Printer Friendly Page Send this Story to a Friend
· Texas Oil, Natural Gas Production Drops163502005-06-27Printer Friendly Page Send this Story to a Friend
· Venezuela Seeks To Prove It Has World's Largest Oil Reserves263302005-06-27Printer Friendly Page Send this Story to a Friend
· Oil Inflated Price Creating Bubble Fears5101902005-06-27Printer Friendly Page Send this Story to a Friend
· Fusion centre decision 'imminent'054542005-06-27Printer Friendly Page Send this Story to a Friend
· Oilman, Investor T. Boone Pickens Sees $3 Gas, Oil Shortage080302005-06-27Printer Friendly Page Send this Story to a Friend
· Space Ring Could Shade Earth and Stop Global Warming482712005-06-27Printer Friendly Page Send this Story to a Friend
· Putin Says Russia Will Continue to Lift Oil, Gas Exports254202005-06-27Printer Friendly Page Send this Story to a Friend
· $60 Crude Means Unfiltered Barrel of Nonsense2118212005-06-27Printer Friendly Page Send this Story to a Friend
· Ethanol Uses More Energy Than it Makes4101952005-06-27Printer Friendly Page Send this Story to a Friend
· The Incremental Realities That Will Take Us to $80 oil...161952005-06-27Printer Friendly Page Send this Story to a Friend
· The Clusterfuck Nation Chronicle4106152005-06-27Printer Friendly Page Send this Story to a Friend
· China raises fears of major trade war065802005-06-27Printer Friendly Page Send this Story to a Friend
· Oil prices worrying, no need for panic: Aiyar (India)048502005-06-27Printer Friendly Page Send this Story to a Friend
· Venezuela Ratifies as World Hydrocarbon Reserve Leader257452005-06-27Printer Friendly Page Send this Story to a Friend
· Demand Destruction2103502005-06-27Printer Friendly Page Send this Story to a Friend
· Florida's coasts face clear and present danger462902005-06-27Printer Friendly Page Send this Story to a Friend
· Climate change blow to human cradle149702005-06-27Printer Friendly Page Send this Story to a Friend
· Wilted Europe eyes global warming (and air conditioners060202005-06-27Printer Friendly Page Send this Story to a Friend
· Britons Prefer Wind Energy to Nuclear Power040402005-06-27Printer Friendly Page Send this Story to a Friend
· Uranium revival excites industry veterans148202005-06-27Printer Friendly Page Send this Story to a Friend
· Energy crisis fear over oil059102005-06-27Printer Friendly Page Send this Story to a Friend
· U.S. Economy: Home Sales Rise, Durable Orders Slow046602005-06-27Printer Friendly Page Send this Story to a Friend
· Russia and Turkey in South Caucasus: A Geostrategic Armistice039102005-06-27Printer Friendly Page Send this Story to a Friend
· The ayatollah's new reign049102005-06-27Printer Friendly Page