oil

The Myth Of Nabucco: Greed, Delusion and $11.4 Billion

Inside Beltwayistan, a number of Bushevik oil patch zombies still roam the recession-blasted landscape mindlessly chanting their Caspian mantra, “Happiness is multiple pipelines” - with the caveat that they flow westwards and bypass both Russia and Iran. They’ve now added a new word to their vocabulary, “Nabucco,” and worse, have bitten a number of Obama administration officials and visiting European politicians, who have joined their shuffling ranks.

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Africa’s Increasing Importance in the Great Geopolitical Game

China’s completion of an historic natural gas pipeline with Kazakhstan bypassing Russia this week tightens the Asian behemoth’s grip on energy resources needed to fuel a burgeoning economy, a desire also forcing it on a quest for oil and gas wealth in other corners of the globe.

China is not alone in this scramble for energy security. Hungry for oil and gas, world powers like Russia and the United States are also relying on different strategies to grab resource treasures but their efforts have raised questions about conflicts down the road.

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Distorted Oil Reserve Figures Create Biofuel Opportunities

The recent revelations of a International Energy Administration whistleblower that the IEA may have distorted key oil projections under intense U.S. pressure is, if true (and whistleblowers rarely come forward to advance their careers), a slow-burning thermonuclear explosion on future global oil production. The Bush administration’s actions in pressuring the IEA to underplay the rate of decline from existing oil fields while overplaying the chances of finding new reserves have the potential to throw governments’ long-term planning into chaos.

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Aquifers: Learning from greedy oil tycoons

Living in southern California, occasionally i hear news of water shortages in our savannah and desert cities. But, as soon as i imagine forgoing long showers and my domestic best friend the dishwasher, the issue seems to magically evaporate from my head.

The truth is that we are desiccating our aquifers, month by month, and leaving them irrevocably damaged in the process.

A recent article by Todd Jarvis of Oregon State University suggests--We can learn something from another group of greedy people who learned their geological lesson decades ago: the oil industry.

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Witchcraft, Religion and Corruption in Nigeria

[BPSDB] I want to tell you a story. It's a story about oil. It's a story about (obliquely) climate change. It's a story about corruption and murder, and it's a story about poverty in Africa. But most of all, it's about a government official who was sacked after failing to get the money he stole to pay his witchdocter refunded. Welcome to the Niger Delta.

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Inertia Creeps: Oil-Balls and the Election

I've already posted about some of the nonsense being propagated about oil reserves on the internet by campaign groups, but it seems the woo is spreading. Matt Nisbet at Framing Science has cottoned on to my point last month, that it seemed oil and conservative lobbyists had joined forces to make this a key election issue. Now the left-wing lobbyists at Media Matters have uncovered an increasing amount of Oil-Balls - "mis-speech" about oil - appearing in the media [1].

Take a look at Glen Beck in this 30-second clip from June 18th this year:

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Oil Denialism II: Buying the Domestic Reserve Myth.

BPSDBRecently, I've heard the same, odd message from a number of different, seemingly unrelated people. Essentially it goes like this "America is being held to ransom by crazy foreigners over oil. In order to solve the problem, we should drill into our own huge reserves, and become self-sufficient so we don't have to import any from those capitalist pigs at OPEC. Naturally then oil prices would tumble, fuel would be cheap. We wouldn't be dependent on those evil foreign-types." There's even a petition up about it at
http://www.americansolutions.com/. So I thought I'd take a look at this meme.

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Fan Mail of the Week

Continuing my policy of publishing the more rabid "fan" mail I get, here's a little gem I got in my inbox this morning from "cbrown6". While most of my critics get the hump after reading just one article, this dedicated reviewer has detailed startling new evidence that rips apart the supposed "evidence" behind several of my articles here.

"From: "cbrown6"
Date: Mon, June 16, 2008 7:51 pm

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Oil Denialism: Tackling Peak Oil Conspiracy Theories

BPSDBOil is not a fossil fuel, but a substance that bubbles up from the mantle of Earth, and many other planets and moons such as Titan. Because it is generated abiotically in massive quantities, the Earth produces more than we can ever possibly use. A small elite of scientists, including the Russians, are well aware of this, and are engaged in a conspiracy to keep the myth of oil scarcity alive, and help establish their New World Order. Welcome to the weird and wonderful world of Oil Denialism.

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