Breaking news here on CNN
WSJ and CNN Report Attack on Saudi Oil Refinery
blogging crunch
Lots of oil stuff happening but I, alas, am up to my eyes in another blogging project at the moment connected with my Custom Communication company.
Check out the blogging conference I am organizing for April 4th in London. I’ll be posting here on Petropulse when I have time but blogging with be light for the next couple of weeks.
Oil Leaps $1.50 After Nigeria Attacks Hit Output - New York Times
links for 2006-02-15
links for 2006-02-14
The True Cost of Oil
The enivironmental and social costs of climate change would wipe away the record profits recorded by BP, ExxonMobil and Shell in the last year reports BBC NEWS
WSJ.com - Tracking the Numbers
The WSJ.com reports in a subscription only story that:
A new industry-backed report proposes to let the companies be the best judge of their own stores of oil and gas rather than use a strict formula imposed by the Securities and Exchange Commission. The companies argue that the SEC’s method — intended to provide investors with apples-to-apples comparisons — is archaic and arbitrary, and undercounts the amount of energy on tap for the future.
Accountability is so much easier when you are counting things yourself. Just ask Saudi Arabia and it’s oil reserve accounting.
links for 2006-02-07
-
Que Cera Cera
links for 2006-02-06
-
High gas prices = small cars. Let’s hope they can build them better this time around
-
Iran thumbs its nose at the UN
-
Nuclear the answer for Finland
OPEC Chief Shrugs Off Oil Politics - New York Times
The New York Times has a thumbsucker piece on how well Saudi Arabia’s oil ministers are sleeping, despite the increasingly fragile state of global petro-politics.
Unlike the early 1980’s, when an overheated oil market collapsed as conservation kicked in an the US and Europe went looking outside the Middle East for oil, today, growing demand from China and India virtually guarantee that demand for oil will keep OPEC busy for years to come.
Plenty to read in the piece but the best bit is this piece of over-cooked prose:
“Gone are the militant years, when OPEC ministers barged into meetings and threatened to unsheathe their oil weapon only to discover, much too late, that it could be a double-edge sword.”
The thought of OPEC ministers unsheathing their oil weapons nearly made me choke on my coffee.
