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TEQs & Carbon Pipeline Blockages

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Joined: 20 Oct 2007
Posts: 184
Location: London

PostPosted: Mon May 19, 2008 1:44 pm    Post subject: TEQs & Carbon Pipeline Blockages Reply with quote

It seems like there are several blockages in the Carbon Delivery Pipeline, and that some of them cannot be fixed.

One of the most intriguing is what is being painted as self-control by Saudi Arabia :-



Published on 18 May 2008 by Resource Insights. Archived on 18 May 2008.

Stop me before I fill up again!
by Kurt Cobb

It is a supreme irony that a wealthy Bedouin should be playing the role of a tough-love drug counselor to the world's oil-addicted consumers even as he continues to be the globe's biggest pusher.

It was not the intention of Saudi Arabia's King Abdullah to take on such a role, but merely the bizarre consequence of his consent to plans by his oil minister to limit the country's oil production to no more than about 12 million barrels per day from 2009 onward.


It's a move that should have been on the front page of every newspaper and that should have led every news broadcast the day it was announced.

The world's largest exporter, an exporter that every major oil-consuming nation had been counting on to boost production to at least 15 million barrels per day over time, had just told the world that it wasn't likely to get what it wanted.

Since most of the public still has no inkling that we are approaching the peak in world oil production, the announcement came and went with little notice.

The U. S. Energy Information Agency still projects 16.4 million barrels per day of production for Saudi Arabia by 2030, though it had projected 23.8 million barrels per day in 2025 as recently as 2003. Expectations have come down to match reality, but perhaps not by quite enough.

The king's ostensible reason for the move was that he wanted to leave some oil in the ground for the benefit of future generations...


I suspect that there is a healthy dose of realism in the announcements.

Peak Oil has touched down in Saudi Arabia.

It's time to wake up and smell the mess.

The future holds out a prospect for us : LESS.

Here's Paul Mobbs' take :-



In order to use LESS, and still be efficient at providing for everyone's needs, we will need to SHARE in an organised, peaceful way.

That leads policy ideas straight back to rationing !
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