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CERA: News: Press Releases: Peak Oil Theory – “World Running Out of Oil Soon” – Is Faulty; Could Distort Policy & Energy Debate

In contrast to a widely discussed theory that world oil production will soon reach a peak and go into sharp decline, a new analysis of the subject by Cambridge Energy Research Associates (CERA) finds that the remaining global oil resource base is actually 3.74 trillion barrels -- three times as large as the 1.2 trillion barrels estimated by the theory’s proponents

Iran rejects Opec's oil output increase

Due to increasing oil prices, OPEC has increased its oil output quota. However, Iran does not believe that the price increase is due to the quota, but rather to high summer demand, so it has refused to follow suit.
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Honey Bees in US facing extinction

Experts are at a loss to explain the fall in honey bee populations in America, with fears of that a new disease, the effects of pollution or the increased use of pesticides could be to blame for "colony collapse disorder". From 1971 to 2006 approximately one half of the US honey bee colonies have vanished.

Energy bill will test Pelosi's command: Democrats in auto states oppose increasing gas mileage standards

Democrats, in taking back the House from Republicans, promised to tilt the nation's energy policy away from oil drilling and toward efficiency and cleaner sources of energy. This week their pledge will be put to the test

Desalination no answer to water crisis

Removing salt from sea water to overcome a worldwide shortage of drinking water could end up worsening the crisis, environmental group WWF warned on Tuesday.