<p>-Alarm bells on the longevity of oil wells in Saudi Arabia<br />
-Doubts on Saudi Capacity May Keep Oil Volatile<br />
-How High Oil Prices Will Permanently Cap Economic Growth<br />
-Total speaks out against Arctic oil</p>
<p><a href="http://www.energybulletin.net/stories/2012-10-01/oil-oct-1">read more</a></p>

<p>No doubt you've heard people speak of an energy transition from a fossil fuel-based society to one based on renewable energy--energy which by its very nature cannot run out. Here's the short answer to why we need do it fast: climate change and fossil fuel depletion.

<p><span class="inline inline-left"><img src="http://www.energybulletin.net/sites/default/files/images/ODAC.thumbnail.JPG" alt="" title="" class="image image-thumbnail" width="100" height="45" /></span>Oil prices were once again oscillating between the price depressing effects of economic uncertainty and the price enhancing effects of Middle East political uncertainties this week...Saudi Arabia h

<p><span class="inline inline-left"><img src="http://www.energybulletin.net/sites/default/files/images/ASPO -USAlogo80.jpg" alt="" title="" class="image image-thumbnail" width="80" height="80" /></span>A weekly roundup of peak oil news, including:<br />
-Oil and the global economy<br />
-The Middle East<br />
-The EU<br />
-Quote of the week<br />
-Briefs</p>

<p>Can the wild swings in the price of oil over the last few weeks have anything to do with supply and demand?</p>
<p><a href="http://www.energybulletin.net/stories/2012-09-24/fat-fingers-and-price-oil">read more</a></p>

<p><span class="inline inline-left"><img src="http://www.energybulletin.net/sites/default/files/images/Degrowth_Venice_full_program1.thumbnail.jpg" alt="" title="" class="image image-thumbnail" width="100" height="57" /></span>Today, we are discussing another kind of degrowth, intended mostly as a personal choice and most of us seem to believe that it is a good thing.

<p>It is with trepidation that independent petroleum geologist Jeffrey Brown has watched global oil exports decline since 2006. With all the controversy in the past several years over whether worldwide oil production can rise to quench the world's growing thirst for petroleum, almost no one thought to ask what was happening to the level of oil exports.

<p><span class="inline inline-left"><img src="http://www.energybulletin.net/sites/default/files/images/ODAC.thumbnail.JPG" alt="" title="" class="image image-thumbnail" width="100" height="45" /></span>Oil prices fell dramatically this week to $107/barrel for Brent, on worsening economic news from China and Europe, and assurances from Saudi Arabia that it is ready to pump more oil to keep prices

<p>-Has vehicle efficiency really curbed U.S. oil demand?<br />
-Thresholds in the economic effects of oil prices<br />
-Fuel use in new cars could halve by 2030: IEA</p>
<p><a href="http://www.energybulletin.net/stories/2012-09-20/fuel-prices-and-efficiency-sept-20">read more</a></p>

<p>We've known for a long time about basic polar amplification. Warming melts highly reflective white ice and snow, which is replaced by the dark blue sea or dark land, both of which absorb far more sunlight and hence far more solar energy.

<p><span class="inline inline-left"><img src="http://www.energybulletin.net/sites/default/files/images/ASPO -USAlogo80.jpg" alt="" title="" class="image image-thumbnail" width="80" height="80" /></span>A mid-week round-up of peak oil news.</p>
<div class="image-clear"></div><p><a href="http://www.energybulletin.net/stories/2012-09-20/peak-oil-notes-sept-20">read more</a></p>

<p>“There have been few more passionate debates in resource economics than around peak oil, whether it has or hasn’t happened and indeed whether peak oil is about resources left or production levels.”</p>
<p><a href="http://www.energybulletin.net/stories/2012-09-20/abc-tv-interview-richard-heinberg-peak-oil-and-end-growth">read more</a></p>

<p>Grandiose statements about the “Asian Century” are now being followed by warnings that the days of rivers of gold from China are over. Economic growth needs growing quantities of oil. Where will it come from? Not from South East Asia which peaked in 2000 as will be shown in this article.</p>

<p><span class="inline inline-left"><img src="http://www.energybulletin.net/sites/default/files/images/ASPO -USAlogo80.jpg" alt="" title="" class="image image-thumbnail" width="80" height="80" /></span>A weekly review including:<br />
-Oil and the Global Economy<br />
-The Middle East<br />
-The Oil Market Report<br />
-Quote of the Week<br />
-Briefs</p>

<p>In the old days, that is before 2010, the oil industry used to regale the public with tales of plenty that revolved around what is commonly called "conventional oil." Then in its 2010 <i>World Energy Outlook</i>, the International Energy Agency announced that the peak in the rate of production of conventional oil had already arrived, probably in 2006.