So Much For The “Consensus”

“Don’t fight, adapt.

Also, is oil production really peaking? Not in Brazil:

Wait a minute. Wasn’t oil supposed to be running out? Wasn’t all the oil out there already discovered? If this new “Sugar Loaf” field in Brazil pans out, the world oil picture won’t be the same.

Brazil will become an even bigger exporter in a decade or so than projected and could put pressure on the club of petrotyrants that now has a monopoly on resources. Best of all, it throws doomsday assumptions about oil “peaking” on its head.

The world produces about 85 million barrels of oil a day, according to the International Energy Agency. Global energy demand is expected to rise 55% from 2005-2030. Peak oil theories abound that new discoveries are not keeping up with oil usage. But it’s significant that the new demand also is fostering big new discoveries, largely from the very countries where demand is growing most.

It’s gloomy times for gloom mongers.

So Much For The “Consensus”

“Don’t fight, adapt.

Also, is oil production really peaking? Not in Brazil:

Wait a minute. Wasn’t oil supposed to be running out? Wasn’t all the oil out there already discovered? If this new “Sugar Loaf” field in Brazil pans out, the world oil picture won’t be the same.

Brazil will become an even bigger exporter in a decade or so than projected and could put pressure on the club of petrotyrants that now has a monopoly on resources. Best of all, it throws doomsday assumptions about oil “peaking” on its head.

The world produces about 85 million barrels of oil a day, according to the International Energy Agency. Global energy demand is expected to rise 55% from 2005-2030. Peak oil theories abound that new discoveries are not keeping up with oil usage. But it’s significant that the new demand also is fostering big new discoveries, largely from the very countries where demand is growing most.

It’s gloomy times for gloom mongers.

So Much For The “Consensus”

“Don’t fight, adapt.

Also, is oil production really peaking? Not in Brazil:

Wait a minute. Wasn’t oil supposed to be running out? Wasn’t all the oil out there already discovered? If this new “Sugar Loaf” field in Brazil pans out, the world oil picture won’t be the same.

Brazil will become an even bigger exporter in a decade or so than projected and could put pressure on the club of petrotyrants that now has a monopoly on resources. Best of all, it throws doomsday assumptions about oil “peaking” on its head.

The world produces about 85 million barrels of oil a day, according to the International Energy Agency. Global energy demand is expected to rise 55% from 2005-2030. Peak oil theories abound that new discoveries are not keeping up with oil usage. But it’s significant that the new demand also is fostering big new discoveries, largely from the very countries where demand is growing most.

It’s gloomy times for gloom mongers.

Why Hillary Is Losing

I don’t always agree with Dick Morris, but I think he’s right here, and he knows the Clintons very well:

The conclusion is obvious: neither Hillary nor her staff know how to campaign. After the Clinton re-election in 1996, they have never been tested in a competitive race. When Giuliani dropped out of the New York State Senate race and the young Congressman Rick Lazio had to enter at the last minute to try to stop Hillary

Biting Commentary about Infinity…and Beyond!