It’s funny cuz it’s True! These multi-national oil companies are a whole herd of deer grazing on a bounty of spilled corn in Interstate 10 outside of Houston at 5:00 AM. There is a giant semi-truck cresting the hill with its bright lights on called Peak Oil bearing down on this herd. Some may make …
Tag Archives: Peak Oil
Kuwait reaches peak oil
It’s official. The 2nd largest oilfield in the world has, after 60 years of pumping.. reached its’ **peak production. [T]he Kuwait [national] Oil Company revealed … The peak output of the Burgan oil field will now be around 1.7 million barrels per day, and not the two million barrels per day forecast for the rest …
Iranian Leader blusters at Israel
We can complain all we want about President Bushs’ penchant for invading other countries to grab oil… but at least he does it under the pretense of removing a dangerous dictator. Iranian President Mahmoud Ahmadinejad on the other hand… is all about the exagerated and frankly dangerous rhetoric. Saying things like (thank JaneM): “Israel must …