Tag Archives: oil

Peak oil and the resulting price fluctuations

Ars Technica has an interesting summary of an article in Nature on peak oil, touching on the economic impacts that the stagnating supply of oil will have.  I’d like to say more about it, but the numbers have varied so much since I became aware of the “debate” over peak oil that I’m just going to tell you to click the link if you want to read more.

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Non-Arctic countries want in on Arctic Council

Can I say “lol” on here without sounding juvenile?  Because that’s my reaction to this article about a number of countries (with absolutely no territorial claim) wanting in on the Arctic bonanza that’s shaping up.  China, Brazil, India, Japan… they have no territory in the Arctic, but they’re demanding “permanent observer” status on the Arctic Council (probably so they can throw some weight around when it start divvying resources and territories out).

I suppose I shouldn’t be surprised.  After all, this can’t be the first time that geopolitical necessities (“Give me more oil!”) have made countries do and say things that just sound silly.

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