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Corner-cutting governments leave Australia unprepared for oil pricespike

Greens Media release – April 28th, 2011
Decades of under-investment by governments across Australia have left the country extremely vulnerable to rising oil prices, the Australian Greens warned today. Greens transport spokesperson Senator Scott Ludlam said governments had been pouring money into roads and fuel subsidies while neglecting public rail.

Moreland City Council carpooling

Congratulations to Moreland City Council for promoting a car  pool website of choice (ozcarpool) to its residents. Have a look at www.thecarpool.com.au

Why The Decline In World Oil Supply Will Be Faster Than Anyone Expects

Business Insider, 16 April 2011

Powerpoint presentation:

http://www.businessinsider.com/tverberg-oil-supply-decline-2011-4#-1

The Peak Oil Crisis: Killing Off the Recovery

FCNP, 19 April 2011

Since the middle of February oil prices have increased by some $22 a barrel. As the U.S. currently consumes just over 19 million barrels of oil a day, that means collectively we are now spending about $420 million a day more filling up our fuel tanks than we were two months ago.

China set to unearth shale power

Reuters, 20 April 2011

China has spent tens of billions of dollars buying into energy resources from Africa to Latin America to slake the unquenched thirst for fuel from its growing industry and burgeoning cities. But China may have more energy riches under its own soil than policy makers in the world's second-largest economy ever dared imagine.

Secret memos expose link between oil firms and invasion of Iraq

The Independent, 19 April 2011

Plans to exploit Iraq's oil reserves were discussed by government ministers and the world's largest oil companies the year before Britain took a leading role in invading Iraq, government documents show.

They denied it was about Iraq’s resources. But it never rang true

The Independent, 19 April 2011

The supposed disinterest expressed by international oil companies in the outcome of the invasion of Iraq in the year before it was launched never quite made sense. Iraqis used to ask ironically if the rest of the world would have been quite so interested in the fate of their country if its main export had been cabbages.

Shockwaves from Saudiӳ crude statistics

Financial Times, 19 April 2011

Saudi Arabia is seriously trying to talk down the oil market. But in doing so, it is setting the stage for another oil price rally. Ali Naimi, the kingdom’s oil minister, has revealed that Saudi Arabia sharply reduced sharply its oil production last month – by a hefty 800,000 barrels a day – becau

GM shows off its new super-cheap car for China

USA Today, 18 April 2011

If you're wondering what General Motors is up to China, here's a fresh example. It's the new Baojun 630 sedan, which made its debut last week at the Shanghai auto show. Apparently, the midsize Baojun 630 has one truly appealing quality: It's cheap.

Chemicals Were Injected Into Wells, Report Says

New York Times, 16 April 2011

Oil and gas companies injected hundreds of millions of gallons of hazardous or carcinogenic chemicals into wells in more than 13 states from 2005 to 2009, according to an investigation by Congressional Democrats.

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