Offshore Oil Jobs Resources

Oil and Gas – The Next Meltdown?

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

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Construction of the Nord Stream pipeline has officially kicked off after a five-year wait. The 1200-kilometre long pipeline will be the longest in the world, and will directly supply Russian gas to mainland Europe. The 11-billion dollar project has been championed as a way of bypassing the political troubles surrounding the current Ukrainian supply route.

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(1/27/10) Barack Obama–State of the Union: “To create more of these clean energy jobs, we need more production, more efficiency, more incentives. That means building a new generation of safe, clean nuclear power plants in this country. It means making tough decisions about opening new offshore areas for oil and gas development. It means continued investment in advanced biofuels and clean coal technologies.” Background Article: “Obama Said to Seek Billion in Nuclear-Power Loan Guarantees”: www.bloomberg.com

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