All Posts Tagged With: "Peak Oil Theory"
Global Peak Oil and the Death of the SUV
Does global peak oil sound the death knell of the SUV?
Today’s news that auto giant GM is shutting down four pickup truck and SUV factories thanks to spiraling gas prices will likely be seen as such by many global peak oil theory advocates.
Bill Bonner goes into further detail on the relationship between oil prices and a strange phenomenon gripping the US… Americans are driving less.
London Times Attacks Peak Oil ‘Myth’
It’s a peak oil ‘myth’ that we’re running out of oil, according to the London Times.
The article, titled “It’s a myth that the world’s oil is running out,” is written by Irwin Stelzer, a director of economic policy studies at US think tank the Hudson Institute, and raises interesting questions about peak oil theory.
Stelzer insists that although what he calls the peak oil myth is pervasive, it’s ultimately untrue.
Latest News
- Base Metals Move Higher10:49pm CDT
- Crude Pushes Higher as Gustav Threatens Gulf10:46pm CDT
- Dollar Drops10:42pm CDT
- Precious Metals Uncertain10:38pm CDT
- FDIC Braces for More Bank Failures, Expands Offices4:32pm CDT
- Global Investing Roundups Thursday, August 28th, 20083:16pm CDT
- Dow’s (DJI) Earnings Slump Will Lead to More Inflationary Policies3:10pm CDT
- Chrysler Considers Sale of Gas-Guzzling Viper1:10pm CDT
- Look Deeper Into Housing Numbers And You Will See A Different Picture1:04pm CDT
- Bank Failures Could Mean 79% Gains on XLF December 20 Puts9:32am CDT
- Vangard Wellington (VLEX) Is a Great Bear Market Play7:29am CDT
- Why AIG (AIG) Is a Bargain and Ford (F) Is Not6:36am CDT
- Resource Stock Roundup Wednesday August 27, 20084:24pm CDT
- Base Metals Plummet, Weakness in Europe Suggests Recession is Spreading2:58pm CDT
- Dollar Strengthens, Weak German Data Send Euro Lower2:47pm CDT
- Crude Rises, threat of Hurricane Gustav to Gulf Facilities Drives Market2:41pm CDT
- Gold Erases Big Early Losses, Posts Small Gain2:20pm CDT
- Fed Signals Rate Hike for Next Move, But Timing Uncertain12:24pm CDT
- 2 ETFs and 4 Mining Stocks to Profit from $1,500 Gold11:34am CDT