Oil decline

Oil Royalties a Mirage?

re-posted from my blog - oilshockhorrorprobe

Beside the release of the government's final Energy Strategy was a report from Woodward Partners purporting to estimate the potential royalty income from existing, and yet to be discovered oilfields. » Read more

UK Government to Develop Oil Shock Response Plan. - When Will NZ ?

re-posted from my blog - oilshockhorrorprobe

UK Energy and Climate Change Secretary Chris Huhne has agreed to develop an 'Oil Shock Response Plan', following a meeting with the UK Industry Taskforce on Peak Oil and Energy Security (ITPOES). » Read more

New Zealand Joins Peak Oil Club - IEA

re-posted from my blog - oilshockhorrorprobe » Read more

IMF Warns of Oil Scarcity and the End of Growth

Re-posted from my blog - oilshockhorrorprobe

What is going on? The International Monetary Fund -- a body that states its mission is to "foster global growth and economic stability" has produced a major report which concludes the world has entered an era of oil scarcity, and openly discusses a peak oil scenario in which global GDP doesn't grow, but declines steeply ! » Read more

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