Showing posts with label carbon. Show all posts
Showing posts with label carbon. Show all posts

Sunday, August 14, 2011

The Future of Crude Oil and the End of Globalization

"Jeff Rubins should be mandatory reading for all corporate executives." The National Post.....


This book is a great read, and one that should be required for anyone with a long term interest in energy, transportation, manufacturing or agriculture."

An internationally renowned energy expert has written a book essential for every American, a galvanizing account of how the rising price and diminishing availability of oil are going to radically change our lives. Why Your World Is About to Get a Whole Lot Smaller is a powerful and provocative book that explores what the new global economy will look like and what it will mean for all of us.

In a compelling and accessible style, Jeff Rubin reveals that despite the recent recessionary dip, oil prices will skyrocket again once the economy recovers. The fact is, worldwide oil reserves are disappearing for good. Consequently, the amount of food and other goods we get from abroad will be curtailed; long distance driving will become a luxury and international travel rare. Globalization as we know it will reverse. The near future will be a time that, in its physical limits, may resemble the distant past.

But Why Your World Is About to Get a Whole Lot Smaller is a hopeful work about how we can benefit personally, politically, and economically from this new reality. American industries such as steel and agriculture, for instance, will be revitalized. As well, Rubin prescribes priorities for President Obama and other leaders, from imposing carbon tariffs that will increase competition and productivity, to investing in mass transit instead of car clogged highways, to forging “green” alliances between labor and management that will be good for both business and the air we breathe.

Most passionately, Rubin recommends ways every citizen can secure this better life for himself, actions that will end our enslavement to chain store taste and strengthen our communities and timeless human values.

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Friday, June 26, 2009

Industry Gears Up For Drilling, Big Oil's Answer To Carbon Law


"Industry Gears Up for Drilling as Crude Rises"
After plunging to their lowest levels since 2003, NYMEX crude oil futures have rallied strongly during the first half of 2009 and appear set to move even higher, giving oil and gas companies the incentive to start drilling with renewed vigor. As the price of oil climbed steadily during 2008, passing the $100 mark and moving well beyond, predictions for even higher oil prices abounded. In fact, in May 2008, Goldman Sachs predicted that oil prices.....Complete Story

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"Crude Oil, Gasoline Fall After Savings Rate Gains, Stocks Drop"
Crude oil and gasoline fell after the government said the U.S. savings rate climbed to the highest level in more than 15 years, an indication that the economic recovery will be slow to gather strength. Energy futures dropped after the Commerce Department said that household savings increased to 6.9 percent, the highest since December 1993. Equities slipped as the data spurred speculation that the U.S. economy will continue to contract....."Complete Story"

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"Big Oil’ s Answer to Carbon Law May Be Fuel Imports"
America’s biggest oil companies will probably cope with U.S. carbon legislation by closing fuel plants, cutting capital spending and increasing imports. Under the Waxman-Markey climate bill that may be voted on today by the U.S. House, refiners would have to buy allowances for carbon dioxide spewed from their plants and from vehicles when motorists burn their fuel. Imports would need permits only for the latter, which ConocoPhillips.....Complete Story


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