Peak Oil Paradigm Shift

Will OIL VACUUM Technology Solve US Energy Deficit Problems - (Found July 15, 2008 )

PORT OF SPAIN, Trinidad, June 12, 2008. At least one American financial analyst has been touting to his clients the profit potential of investing in a small company that owns the patent to a revolutionary technology that if it works, could eliminate America’s dependence on forein oil.. It’s called the ‘OIL VACUUM’
http://www.peakoil-ps.com/index.php?option=com_content&task=view&id=340&Itemid...

Dominican Republic President LatAm Countries Cannot Pay Oil Bills - (Found July 15, 2008 )

SANTO DOMINGO, Dominican Republic, June 11, 2008. PEAKOIL-PS -- President Leonel Fernandez of the Dominican Republic (DR) addressed the opening session of the XXX Ministerial Meeting of the Economic Commission for Latin America and the Caribbean (ECLAC), and did not hesitate to announce that it was likely that many Latin American countries, including the Dominican Republic, might not be able to meet their obligations of paying for oil while meeting their debt payment schedules.
http://www.peakoil-ps.com/index.php?option=com_content&task=view&id=339&Itemid...

Turn Your Gar into a Hybrid That Runs On Water - (Found July 15, 2008 )

PORT OF SPAIN, Trinidad, May 20. 2008. PEAKOIL-PS.COM -- In the past few weeks crude oil prices have peaked at close to US$128 per barrel and despite small fluctuating reversals many experts are projecting that oil could be as high as US$ 200 a barrel by the end of 2008. What this means is higher and still higher prices at the gasoline pump, and no let up in the foreseeable future. Governments and people all over the world are struggling to find ways and means of dealing not only with high...
http://www.peakoil-ps.com/index.php?option=com_content&task=view&id=338&Itemid...

Its not that OPEC won't increase production...THEY CAN'T. - (Found July 15, 2008 )

2008-05-26 -- Bilaal Abdullah comments on a recent Bloomberg report on oil production in Mexico: News that Mexico&39;s oil production in April fell to 2.767 MBOPD down fown from 3.182 MBOPD a year ago. This was largely due to declining production at various oilfileds including the Cantarell Super-Giant oilfield where production in April was 1.07 MBOPD down from its peak value of 2.692 MOBPD in December 2003. Its not that OPEC won&39;t increase production...THEY CAN&39;T. Bilaal Abdullah -...
http://www.peakoil-ps.com/index.php?option=com_content&task=view&id=337&Itemid...

Lindorff is right - "Want Cheaper Gas and Oil End the Damned Wars!" - (Found July 15, 2008 )

Dave Lindorff in his article Want Cheaper Gas and Oil End the Damned Wars is right on the button.The US wars in the Middle East burn massive amounts of fuel, increase the risk premium on oil transportation and along with the distortion of energy investment caused by sanctions (particluarly against Iran) are definite factors that are increasing the price of oil.
http://www.peakoil-ps.com/index.php?option=com_content&task=view&id=336&Itemid...