Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on February 5, 2016

Bookmark and Share

Inside the Economic and Political Influences on Oil

Citi Energy Futures Specialist Tim Evans discusses the price and production of oil. He speaks on “Bloomberg ‹GO›.”



12 Comments on "Inside the Economic and Political Influences on Oil"

  1. Apneaman on Fri, 5th Feb 2016 2:18 pm 

    Oil Industry Group’s Own Report Shows Early Knowledge of Climate Impacts
    A report the American Petroleum Institute commissioned in 1982 revealed its knowledge of global warming, predated its campaign to sow doubt.

    http://insideclimatenews.org/news/04022016/oil-industry-report-shows-early-knowledge-climate-change-impact-api-american-petroleum-institute

  2. Apneaman on Fri, 5th Feb 2016 2:22 pm 

    Research is first to link California quakes to oil operations
    Findings suggest a surge in wastewater injection underground was almost certainly the trigger for a series of small quakes in 2005 in Kern County northwest of Los Angeles.

    http://www.thestar.com/business/2016/02/05/research-is-first-to-show-links-between-california-quakes-oil-operations.html

  3. Apneaman on Fri, 5th Feb 2016 2:26 pm 

    Hey rockman – clean up your fucking mess

    Repost: Who Will Pay for Abandoned Frack Wells?

    “When fracking wells are abandoned, many of them can be slowly leaking toxins, or methane, into the surrounding land, water, and atmosphere. Fracking companies, in a classic “privatize the wealth, socialize the costs” maneuver, simply declare bankruptcy and walk away from wells they’ve sucked dry.

    In today’s oil crash, is this practice accelerating? Who will pay?”

    http://climatecrocks.com/2016/02/03/repost-who-will-pay-for-abandoned-frack-wells/

  4. Boat on Fri, 5th Feb 2016 2:54 pm 

    apeman,

    “Oil Industry Group’s Own Report Shows Early Knowledge of Climate Impacts
    A report the American Petroleum Institute commissioned in 1982 revealed its knowledge of global warming, predated its campaign to sow doubt”.

    Oil or any other commodity should not be responsible for a mess. That’s what governments are for. To access the overall cost to society and make sure the public is compensated. Otherwise it is just a cost subsidy.
    What has been lacking in the capitalism model is the will to access these charges and make sure the cleanup gets done.
    The same would be for solar for example. At the end of a life cycle are the panels going to be recycled or trashed. This should be part of the cost upfront. Not a worry about it later mentality.

  5. Dredd on Fri, 5th Feb 2016 2:57 pm 

    ” … the Economic and Political Influences on Oil …”

    That would be … (Epigovernment: The New Model – 11) …

  6. Apneaman on Fri, 5th Feb 2016 3:21 pm 

    Boat – they lied, it caused harm. Why did they spend so much money funding their own in house scientists for answers on the effects of CO2 on climate? Capitalists don’t spend tens of millions just because they are curious. What about the untold billions spent on their ongoing denial and misinformation campaigns? Up to the government too? By your logic the financial, health and psychological damages caused by the commodities; heroin, cocaine, methamphetamine should be the sole responsibility of the government – the cartels and all drug dealers should get a free pass – hey it’s just another commodity and it’s just capitalisms say’s the texan. A big Gov Texan. Your never ending single minded excuse making is really fucking boring boat. Just throwing the word “capitalism” out every time you don’t like something is like saying it’s “god’s will” which is appropriate for you since capitalism is obviously your religion. Like all matters of faith it can’t be falsified. You’re are really no different than a fundamentalist christian or muslim – yours is the one true faith, therefore all else is wrong by default and always will be no matter what the evidence indicates.

    It fall apart boat. All ape constructs are temporary and capitalisms 500 year run is dun.

    It falls apart

    Loose tie rods and a fire full of coal
    Blowing smoke out the ears
    As I head for the hole without a ten foot pole
    I don’t like the feel of being out of control

    You knew the reason but you let it start
    This vice would be your end
    Now the end has come, you’re feeling really dumb
    You deserve it but you had no choice, yeah

    It falls apart in little pieces on the floor
    Too wild to keep together
    So you want it more
    It falls apart, falls apart, falls apart

    You talked a blue streak, but you never gave
    Go ahead, crawl in the cave
    And now the end has come, you’re feeling really dumb
    You deserve it but you had no choice, yeah

    It falls apart in little pieces on the floor
    Too wild to keep together
    So you want it more
    It falls apart, falls apart, falls apart

    Yeah, yeah, yeah
    It falls apart in little pieces on the floor
    Too wild to keep together
    So you want it more
    It falls apart, falls apart, falls apart

    It falls apart in little pieces on the floor
    Too wild to keep together
    So you want it more
    It falls apart, falls apart, falls apart

    https://www.youtube.com/watch?v=FNtjksCUMIA

  7. Boat on Fri, 5th Feb 2016 4:02 pm 

    apeman,

    Any system is nothing but a set of regulations and the will and ability to enforce them. Drugs in your example have not been killed because the populations have just ignored them and were willing to take the punishment/risk to get their buzz. The US for example is now electing people who would legalize pot. Who would have thought that 50 years ago. We now elect people who would let coal die. That wouldn’t have happened just 10 years ago. The world is not falling apart. It just changes with the times. Regulations change with them.

  8. Boat on Fri, 5th Feb 2016 4:08 pm 

    apeman,

    Somehow you got this idea I support everything bad that came out of capitalism. Thats crazy. I just say it’s the best one going. To clamor about only the negatives is just plain nonsensical. The o’l “If I were president for a day”, all our lists would be different. I just think it’s silly to sit around and access blame to industry.

  9. Apneaman on Fri, 5th Feb 2016 4:52 pm 

    Industry is the system, boat, so there you go arguing against yourself again. No industry no system. Industrial civilization is the child (hell spawn) of capitalism. Capitalism is more for the sake of more. Best one going for whom boat? The people in Flint michigan or thousand other American towns being turned into sacrifice zones? The negatives happen to be sickening and killing people – just not you and not yet. Be a different story when it’s you and yours. Like I said boat you worship the system you were indoctrinated into and cannot imagine an alternative to the one that is in the process of extincting the ape species. The very fact that you and the majority think that this system is the best we have is indicative of how suicidal apes are. So you style yourself as a modest reformer. Big deal boat. You can’t reform a terminal cancer or negotiate with it.

  10. Boat on Fri, 5th Feb 2016 6:13 pm 

    apeman,

    “Flint michigan or thousand other American towns being turned into sacrifice zones”

    Don’t blame flint’S water system on industry. Blame it on idiots or lack of enforcement of regulations or lack of regulations. The story will come out. Then it will be fixed. Improving the system in spite of human failure is the goal. Just like population problems. They are self inflicted. But tell me. What system does not have self inflicted wounds. This is the constant challenge and the path to improvement. BTW I don’t worship anything. But I do support more common sense regulation. I advocate for change but only if it is more efficient or cleaner. etc You just have to remember most change will have to come making a profit or it won’t happen. Taking into account the world market place is a competition.
    For example solar will have it’s day but still needs better tech and a cheaper price. Then the world of electricity will change fast. Wishing thinking like Kenz ain’t gonna happen.

  11. onlooker on Fri, 5th Feb 2016 6:29 pm 

    Improving the system Boat ? did you read what AP wrote, the system is a terminal cancer that is destroying life on this planet including ours. They’re is no improving the system because the system is a parasite that in its relentless pursuit of profit and power leaves death and destruction in its wake. The more it thrives the less life does. A perfect parasite but of course as in biology the parasite upon devouring its host also dies. The system is rotten to the core. But guess what humans created the system so we have only ourselves to blame.

  12. GregT on Fri, 5th Feb 2016 6:37 pm 

    “You just have to remember most change will have to come making a profit or it won’t happen.”

    The changes that are coming are going to be from a lack of profit Boat. For-profit capitalism has nearly run it’s course. The big question now is; Which collapses first, Capitalism, or the Earth’s natural ecosystems? At this point in time it looks like capitalism could very well be the winner in the race to the bottom. Let’s all hope not. We’ve already done enough irreversible damage.

Leave a Reply

Your email address will not be published. Required fields are marked *