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CIBC: Conventional oil peaked in 2004 PDF Print E-mail
Wednesday, 11 January 2006

Alberta's oil sands will become the most important source of new oil in the world by 2010 as conventional crude dries up, CIBC World Markets says in its latest monthly report. Alberta will sit on one of the most valuable energy sources in the world by that time, and one of the few still open to private investment, said Jeff Rubin, chief economist at CIBC World Markets, the bank's wholesale banking arm.  He added that conventional oil production around the world apparently peaked in 2004.

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Energy Bulletin
Energy Bulletin -
  • The cybernetics of black knights

    What do fifty years of failed fusion research, today's avant-garde believers in the Singularity, and the antics of the characters in "Monty Python and the Holy Grail" have in common? The answer lies in information, which forms -- along with energy and matter -- a triad of principles that...

  • Happy homestead happenstances

    How many slick tricks have you learned about farming and gardening more or less by accident? My favorite example happened because of laziness.

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  • Transport - July 28

    -Modern cargo ships slow to the speed of the sailing clippers
    -Testing a London 'Cycle Superhighway'
    -Festival transforms autobahn into world's longest street party

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Peak Oil News
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energyresources at Yahoo! Groups

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