EU grab of British oil & gas supplies

Tuesday, April 13th, 2010 at 5:03 pm

British and Dutch North Sea oil & gas supplies are to be taken over by the EU under emergency plans revealed for the first time in Brussels on 8 Januray 2009 Comments by Nigel Farage MEP (UKIP) Co-president of the Independence/Democracy Group in the European parliament – 8 January 2009 Link to the article on Daily Express: www.dailyexpress.co.uk

Oil and Gas – The Next Meltdown?

Monday, April 12th, 2010 at 5:02 pm

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Peak Moment 130: Drawing parallels with the current financial meltdown, Matthew Simmons expresses his alarm about gasoline stocks being the lowest in several decades and refinery production down following recent hurricanes. He warns that if there were a run on the “energy bank” by everyone topping off their gasoline tanks, the US would be out of fuel in three days, and grocery shelves largely emptied in a week. In an interview plus excerpts from his presentation at the Association for the Study of Peak Oil (ASPO-USA) conference on September 22, 2008, Matt highlights the risks and vulnerabilities in the finished oil products system, and answers questions from the audience. www.simmonsco-intl.com http dvds of the entire conference can be ordered through ASPO-USA at www.regonline.com