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	<title>Comments on: And finally the inevitable US$100 a barrel</title>
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	<link>http://blog.greens.org.nz/2008/01/03/and-finally-the-inevitable-us100-a-barrel/</link>
	<description>hopping along the corridors of power</description>
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		<title>By: Philips</title>
		<link>http://blog.greens.org.nz/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-79942</link>
		<dc:creator>Philips</dc:creator>
		<pubDate>Mon, 08 Jun 2009 01:23:18 +0000</pubDate>
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		<description>It is really expensive. $100 per barrel! its Insane!</description>
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<p>It is really expensive. $100 per barrel! its Insane!</p>
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		<title>By: Kevyn</title>
		<link>http://blog.greens.org.nz/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-36490</link>
		<dc:creator>Kevyn</dc:creator>
		<pubDate>Fri, 18 Jan 2008 12:01:43 +0000</pubDate>
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		<description>bj, perhaps I was too gobsmacked by his interview performance. Maybe now that he doesn&#039;t have the same imperative to keep the newsmedia sweet he isn&#039;t going to go through the motions of taking silly questions seriously. He certainly didn&#039;t in the ABC interview. When was the last time you heard a politician give a blunt, straight answer in an interview. Far from taking time to think of an answer that would keep the greatest number of voters happy he basicly just laughs at the suggestion that the US President can reduce gas prices by taking a hard line with the Saudis.</description>
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<p>bj, perhaps I was too gobsmacked by his interview performance. Maybe now that he doesn&#8217;t have the same imperative to keep the newsmedia sweet he isn&#8217;t going to go through the motions of taking silly questions seriously. He certainly didn&#8217;t in the ABC interview. When was the last time you heard a politician give a blunt, straight answer in an interview. Far from taking time to think of an answer that would keep the greatest number of voters happy he basicly just laughs at the suggestion that the US President can reduce gas prices by taking a hard line with the Saudis.</p>
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		<title>By: frog</title>
		<link>http://blog.greens.org.nz/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-36452</link>
		<dc:creator>frog</dc:creator>
		<pubDate>Thu, 17 Jan 2008 22:06:20 +0000</pubDate>
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		<description>Kevyn - I believe that George has always been an oil insider and has always been fully aware of the threat to the US of peak oil, having grown up through the years of the US peak in the &#039;70s. I am sure his understanding of it is what underpins his absolute conviction that occupying Iraq is in the US interest, whatever his rhetoric. The fact that I disagree with him is not relevant. I also concur with your earlier comment that the most relevant thing will be if January&#039;s average price per barrel remains high. I monitor this stuff closely, and my current trend line doesn&#039;t put oil at $100 per barrel until August this year.

I was just sitting down to write a post about all the peak oil quotes from 2007, in part fed from  the TOD blog. Good reading that!</description>
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<p>Kevyn &#8211; I believe that George has always been an oil insider and has always been fully aware of the threat to the US of peak oil, having grown up through the years of the US peak in the &#8217;70s. I am sure his understanding of it is what underpins his absolute conviction that occupying Iraq is in the US interest, whatever his rhetoric. The fact that I disagree with him is not relevant. I also concur with your earlier comment that the most relevant thing will be if January&#8217;s average price per barrel remains high. I monitor this stuff closely, and my current trend line doesn&#8217;t put oil at $100 per barrel until August this year.</p>
<p>I was just sitting down to write a post about all the peak oil quotes from 2007, in part fed from  the TOD blog. Good reading that!</p>
</div>
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		<title>By: bjchip</title>
		<link>http://blog.greens.org.nz/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-36450</link>
		<dc:creator>bjchip</dc:creator>
		<pubDate>Thu, 17 Jan 2008 21:52:25 +0000</pubDate>
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		<description>As little as I may like Bush, there has never been any point I can recall in which he denied the existence of peak-oil as a problem.  He doesn&#039;t talk much about it, but I don&#039;t think he ever said it wasn&#039;t real.    

Prove me wrong?  

The issue with him is what Cheney&#039;s  plan for dealing with it actually is.  

respectfully 
BJ</description>
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<p>As little as I may like Bush, there has never been any point I can recall in which he denied the existence of peak-oil as a problem.  He doesn&#8217;t talk much about it, but I don&#8217;t think he ever said it wasn&#8217;t real.    </p>
<p>Prove me wrong?  </p>
<p>The issue with him is what Cheney&#8217;s  plan for dealing with it actually is.  </p>
<p>respectfully<br />
BJ</p>
</div>
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		<title>By: Kevyn</title>
		<link>http://blog.greens.org.nz/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-36445</link>
		<dc:creator>Kevyn</dc:creator>
		<pubDate>Thu, 17 Jan 2008 13:28:53 +0000</pubDate>
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		<description>Has George W. has a road to Damascus awakening and converted to Peak Oil?

&quot;If they don&#039;t have a lot of additional oil to put on the market, it is hard to ask somebody to do something they may not be able to do.&quot; 

The full quote and link to the ABC Bush interview is at The Oil Drum
http://www.theoildrum.com/node/3514#more</description>
		<content:encoded><![CDATA[<div class='comment-inner'>
<p>Has George W. has a road to Damascus awakening and converted to Peak Oil?</p>
<p>&#8220;If they don&#8217;t have a lot of additional oil to put on the market, it is hard to ask somebody to do something they may not be able to do.&#8221; </p>
<p>The full quote and link to the ABC Bush interview is at The Oil Drum<br />
<a href="http://www.theoildrum.com/node/3514#more" rel="nofollow">http://www.theoildrum.com/node/3514#more</a></p>
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		<title>By: jh</title>
		<link>http://blog.greens.org.nz/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-36108</link>
		<dc:creator>jh</dc:creator>
		<pubDate>Fri, 11 Jan 2008 17:00:03 +0000</pubDate>
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		<description>&quot;Wood is more precious than gold

The price of gold is going crazy as investors look for a shelter from a dipsy-doodling stock market.

It reminds me of one of my grandfatherâ€™s stories. During the bad financial times of the early 1920s in Germany, the peasants (ancestors of ours) traded their potatoes for gems that the rich people were forced to pay to get something to eat.&quot;
http://www.energybulletin.net/39047.html</description>
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<p>&#8220;Wood is more precious than gold</p>
<p>The price of gold is going crazy as investors look for a shelter from a dipsy-doodling stock market.</p>
<p>It reminds me of one of my grandfatherâ€™s stories. During the bad financial times of the early 1920s in Germany, the peasants (ancestors of ours) traded their potatoes for gems that the rich people were forced to pay to get something to eat.&#8221;<br />
<a href="http://www.energybulletin.net/39047.html" rel="nofollow">http://www.energybulletin.net/39047.html</a></p>
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		<title>By: Kevyn</title>
		<link>http://blog.greens.org.nz/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-36074</link>
		<dc:creator>Kevyn</dc:creator>
		<pubDate>Thu, 10 Jan 2008 23:46:41 +0000</pubDate>
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		<description>Normally at this time of year the price of oil collapses from an early case of spring fever. Speculators get cold feet when guessing the price for oil being delivered at the tail end of the winter heating season. They don&#039;t get bullish again until the summer driving season is nigh.

A breif peak at $100 is insignificant compared with the price of crude not falling below $60 by the end of this month.</description>
		<content:encoded><![CDATA[<div class='comment-inner'>
<p>Normally at this time of year the price of oil collapses from an early case of spring fever. Speculators get cold feet when guessing the price for oil being delivered at the tail end of the winter heating season. They don&#8217;t get bullish again until the summer driving season is nigh.</p>
<p>A breif peak at $100 is insignificant compared with the price of crude not falling below $60 by the end of this month.</p>
</div>
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		<title>By: Trevor29</title>
		<link>http://blog.greens.org.nz/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-36060</link>
		<dc:creator>Trevor29</dc:creator>
		<pubDate>Thu, 10 Jan 2008 19:44:25 +0000</pubDate>
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		<description>It was reported on the news this morning that the price had slipped to under $US95 per barrel...

Trevor.</description>
		<content:encoded><![CDATA[<div class='comment-inner'>
<p>It was reported on the news this morning that the price had slipped to under $US95 per barrel&#8230;</p>
<p>Trevor.</p>
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		<title>By: jh</title>
		<link>http://blog.greens.org.nz/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-36059</link>
		<dc:creator>jh</dc:creator>
		<pubDate>Thu, 10 Jan 2008 18:50:35 +0000</pubDate>
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		<description></description>
		<content:encoded><![CDATA[<div class='comment-inner'>
<p>Another Nail in the Coffin of the Case Against Peak Oil<br />
By<br />
Matthew R. Simmons</p>
<p>The best of the worldâ€™s â€œraw numbersâ€? on global crude oil production still comes<br />
from the U.S. DOE/EIA. Eighteen months ago, I began looking closely at the EIAâ€™s<br />
global crude oil and condensate production report summarized in the EIAâ€™s<br />
Monthly Energy Report (Table 11.1b) as it showed a peak in crude oil production in<br />
2005. For almost a year, minor adjustments to the 2005 data were made. Over<br />
time, however, the facts point to the glaring and inconvenient reality that the May<br />
3<br />
2005 crude production represented an all-time high, even though it barely<br />
exceeded 74 million barrels a day â€“ 74,298,000/day according to the EIA. April,<br />
May and December 2005 were the first three months in the 150-year history of oil<br />
when the world ever produced this much oil. In July 2006, global crude once more<br />
inched above the 74 million barrel a day high-water mark. No other monthly report<br />
before or since shows oil produced at or above the 74 million barrel per day mark.<br />
As months passed, the EIA revisions ended through 2006 data. <b>As we near the end of 2007, May 2005 is still the magical â€œmoment in timeâ€? when global crude oil peaked at 74.3 million barrels a day. Some miracle series of new oil fields could suddenly be found and quickly brought on to production, but the more time that passes, the less likely this is</b>.</p>
<p><a href="http://www.simmonsco-intl.com/files/Another%20Nail%20in%20the%20Coffin.pdf" rel="nofollow">http://www.simmonsco-intl.com/files/Another%20Nail%20in%20the%20Coffin.pdf</a></p>
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		<title>By: Trevor29</title>
		<link>http://blog.greens.org.nz/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-36021</link>
		<dc:creator>Trevor29</dc:creator>
		<pubDate>Wed, 09 Jan 2008 09:06:45 +0000</pubDate>
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		<description>I think I heard Jim Anderton on the radio saying that the government was doing something about this - they were investing in bio-diesel research.

The amount that they are putting in is probably less than the extra cost of even one day&#039;s oil imports at the higher prices.

If they were serious, they would increase the amount spend on making New Zealand energy-sufficient or even a net exporter of energy. (We already export energy in the form of Aluminium.)

See http://www.awatea.org.nz for some ideas.

Trevor.</description>
		<content:encoded><![CDATA[<div class='comment-inner'>
<p>I think I heard Jim Anderton on the radio saying that the government was doing something about this &#8211; they were investing in bio-diesel research.</p>
<p>The amount that they are putting in is probably less than the extra cost of even one day&#8217;s oil imports at the higher prices.</p>
<p>If they were serious, they would increase the amount spend on making New Zealand energy-sufficient or even a net exporter of energy. (We already export energy in the form of Aluminium.)</p>
<p>See <a href="http://www.awatea.org.nz" rel="nofollow">http://www.awatea.org.nz</a> for some ideas.</p>
<p>Trevor.</p>
</div>
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		<title>By: samiuela</title>
		<link>http://blog.greens.org.nz/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-35969</link>
		<dc:creator>samiuela</dc:creator>
		<pubDate>Mon, 07 Jan 2008 09:50:36 +0000</pubDate>
		<guid isPermaLink="false">http://blog.greens.org.nz/index.php/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-35969</guid>
		<description>JH:

The end of your quote says:

&quot;n a high-growth scenario, oil import prices will rise to $150 a barrel by 2030 in nominal terms, or $87 a barrel in inflation-adjusted 2006-dollar terms, the IEA said in its Nov. 7 World Energy Outlook Report. &quot;

In other words, the IEA is predicting a lower cost per barrel in 2030 than today (after adjustment for inflation). Even if the $150 per barrel was after the inflation adjustment, do you really think that this is likely, especially in a &quot;high growth scenario&quot;? The prediction seems overly optimistic  to me.</description>
		<content:encoded><![CDATA[<div class='comment-inner'>
<p>JH:</p>
<p>The end of your quote says:</p>
<p>&#8220;n a high-growth scenario, oil import prices will rise to $150 a barrel by 2030 in nominal terms, or $87 a barrel in inflation-adjusted 2006-dollar terms, the IEA said in its Nov. 7 World Energy Outlook Report. &#8221;</p>
<p>In other words, the IEA is predicting a lower cost per barrel in 2030 than today (after adjustment for inflation). Even if the $150 per barrel was after the inflation adjustment, do you really think that this is likely, especially in a &#8220;high growth scenario&#8221;? The prediction seems overly optimistic  to me.</p>
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		<title>By: jh</title>
		<link>http://blog.greens.org.nz/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-35967</link>
		<dc:creator>jh</dc:creator>
		<pubDate>Mon, 07 Jan 2008 06:42:49 +0000</pubDate>
		<guid isPermaLink="false">http://blog.greens.org.nz/index.php/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-35967</guid>
		<description>IEA Chief Says Oil May Rise to $150 on China Demand (Update1) 
&lt;i&gt; Jan. 3 (Bloomberg) -- Oil prices may rise to as high as $150 a barrel because of booming demand from India and China, according to the director of the International Energy Agency.

``In a very high growth scenario in China and India it may move up to $150,&#039;&#039; Nobuo Tanaka said in an interview in Paris today. Those countries ``are consuming energy in a very, very substantial way.&#039;&#039;

Oil touched a record $100 a barrel in New York yesterday as renewed violence in Nigeria, Africa&#039;s largest crude producer, raised the specter of further supply disruptions. Prices are up 71 percent from a year ago.

``Suddenly the lower-level price age may be over and we are now in the age of very high energy prices,&#039;&#039; Tanaka said.

The IEA won&#039;t use its strategic oil stockpiles to ease record prices, Tanaka said. The U.S. also doesn&#039;t plan to tap strategic reserves, a spokeswoman for President Bush said yesterday.

Crude oil for February delivery rose as much as 36 cents, or 0.4 percent, to $99.98 a barrel on the New York Mercantile Exchange today. The contract traded at $99.35 at 3:55 p.m. London time.

Tanaka said he disagreed with officials from the Organization of Petroleum Exporting Countries, supplier of more than 40 percent of the world&#039;s oil, who have denied that the strength in prices is a result of demand and supply fundamentals.

`Fragile Market&#039;

``The supply-demand situation is a basic determinant to the direction of the price,&#039;&#039; he said. ``The current level of spare capacity and the current level of stocks is showing that the market is quite fragile.&#039;&#039;

OPEC officials, including Qatari Oil Minister Abdullah al- Attiyah, have said the producer group can&#039;t lower the oil price because it&#039;s driven by speculative investors rather than fundamentals.

In a high-growth scenario, oil import prices will rise to $150 a barrel by 2030 in nominal terms, or $87 a barrel in inflation-adjusted 2006-dollar terms, the IEA said in its Nov. 7 World Energy Outlook Report. &lt;/i&gt;
http://www.bloomberg.com/apps/news?pid=20601012&amp;sid=adTrIStEuO9M&amp;refer=commodities</description>
		<content:encoded><![CDATA[<div class='comment-inner'>
<p>IEA Chief Says Oil May Rise to $150 on China Demand (Update1)<br />
<i> Jan. 3 (Bloomberg) &#8212; Oil prices may rise to as high as $150 a barrel because of booming demand from India and China, according to the director of the International Energy Agency.</p>
<p>&#8220;In a very high growth scenario in China and India it may move up to $150,&#8221; Nobuo Tanaka said in an interview in Paris today. Those countries &#8220;are consuming energy in a very, very substantial way.&#8221;</p>
<p>Oil touched a record $100 a barrel in New York yesterday as renewed violence in Nigeria, Africa&#8217;s largest crude producer, raised the specter of further supply disruptions. Prices are up 71 percent from a year ago.</p>
<p>&#8220;Suddenly the lower-level price age may be over and we are now in the age of very high energy prices,&#8221; Tanaka said.</p>
<p>The IEA won&#8217;t use its strategic oil stockpiles to ease record prices, Tanaka said. The U.S. also doesn&#8217;t plan to tap strategic reserves, a spokeswoman for President Bush said yesterday.</p>
<p>Crude oil for February delivery rose as much as 36 cents, or 0.4 percent, to $99.98 a barrel on the New York Mercantile Exchange today. The contract traded at $99.35 at 3:55 p.m. London time.</p>
<p>Tanaka said he disagreed with officials from the Organization of Petroleum Exporting Countries, supplier of more than 40 percent of the world&#8217;s oil, who have denied that the strength in prices is a result of demand and supply fundamentals.</p>
<p>`Fragile Market&#8217;</p>
<p>&#8220;The supply-demand situation is a basic determinant to the direction of the price,&#8221; he said. &#8220;The current level of spare capacity and the current level of stocks is showing that the market is quite fragile.&#8221;</p>
<p>OPEC officials, including Qatari Oil Minister Abdullah al- Attiyah, have said the producer group can&#8217;t lower the oil price because it&#8217;s driven by speculative investors rather than fundamentals.</p>
<p>In a high-growth scenario, oil import prices will rise to $150 a barrel by 2030 in nominal terms, or $87 a barrel in inflation-adjusted 2006-dollar terms, the IEA said in its Nov. 7 World Energy Outlook Report. </i><br />
<a href="http://www.bloomberg.com/apps/news?pid=20601012&#038;sid=adTrIStEuO9M&#038;refer=commodities" rel="nofollow">http://www.bloomberg.com/apps/news?pid=20601012&#038;sid=adTrIStEuO9M&#038;refer=commodities</a></p>
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		<title>By: Kevyn</title>
		<link>http://blog.greens.org.nz/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-35952</link>
		<dc:creator>Kevyn</dc:creator>
		<pubDate>Sun, 06 Jan 2008 14:41:11 +0000</pubDate>
		<guid isPermaLink="false">http://blog.greens.org.nz/index.php/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-35952</guid>
		<description>jh, The UK government provides the following info on historic fuel efficiency:

http://www.dft.gov.uk/pgr/statistics/datatablespublications/tsgb/edition2006.pdf

Converted from metric to miles per US gallon.

1978	1985	1995	2005	
21.1	26.7	26.4	29.2	Car MPG
				
38.5	47.0	46.4	49.9	Occupant MPG


New Zealand probably fits half way between these figures.


In regards to driving further, it is notable that NZ, UK and USA all approximately doubled their light vehicle miles travelled during the 1960s. During the 1970s there was only a one-third increase. In the 1980s NZ &amp; USA had another one-third  whereas Uk increased by one-half. In the 1990s Uk one-fifth, USA one-quarter, NZ one-third. In the first half of this decade UK &amp; USA have increased by less than one-tenth, NZ by one-fifth.</description>
		<content:encoded><![CDATA[<div class='comment-inner'>
<p>jh, The UK government provides the following info on historic fuel efficiency:</p>
<p><a href="http://www.dft.gov.uk/pgr/statistics/datatablespublications/tsgb/edition2006.pdf" rel="nofollow">http://www.dft.gov.uk/pgr/statistics/datatablespublications/tsgb/edition2006.pdf</a></p>
<p>Converted from metric to miles per US gallon.</p>
<p>1978	1985	1995	2005<br />
21.1	26.7	26.4	29.2	Car MPG</p>
<p>38.5	47.0	46.4	49.9	Occupant MPG</p>
<p>New Zealand probably fits half way between these figures.</p>
<p>In regards to driving further, it is notable that NZ, UK and USA all approximately doubled their light vehicle miles travelled during the 1960s. During the 1970s there was only a one-third increase. In the 1980s NZ &amp; USA had another one-third  whereas Uk increased by one-half. In the 1990s Uk one-fifth, USA one-quarter, NZ one-third. In the first half of this decade UK &amp; USA have increased by less than one-tenth, NZ by one-fifth.</p>
</div>
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		<title>By: Kevyn</title>
		<link>http://blog.greens.org.nz/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-35951</link>
		<dc:creator>Kevyn</dc:creator>
		<pubDate>Sun, 06 Jan 2008 12:46:30 +0000</pubDate>
		<guid isPermaLink="false">http://blog.greens.org.nz/index.php/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-35951</guid>
		<description>jh, The US government provides the following info on historic fuel efficiency:

http://www.bts.gov/publications/national_transportation_statistics/excel/table_04_22.xls

Vehicle MPG					
1970	1975	1985	1995	2005	
13.5	13.9	17.4	21.1	22.9	Car
10.0	10.5	14.3	17.3	16.2	Light Truck/Van
50.0	49.6	50.0	50.0	50.0	Motorcycle
					
Occupant MPG					
1970	1975	1985	1995	2005	
25.8	26.4	29.3	33.6	36.1	Car
18.4	19.0	25.1	27.5	28.1	Light Truck/Van
50.0	53.1	65.9	56.1	63.5	Motorcycle</description>
		<content:encoded><![CDATA[<div class='comment-inner'>
<p>jh, The US government provides the following info on historic fuel efficiency:</p>
<p><a href="http://www.bts.gov/publications/national_transportation_statistics/excel/table_04_22.xls" rel="nofollow">http://www.bts.gov/publications/national_transportation_statistics/excel/table_04_22.xls</a></p>
<p>Vehicle MPG<br />
1970	1975	1985	1995	2005<br />
13.5	13.9	17.4	21.1	22.9	Car<br />
10.0	10.5	14.3	17.3	16.2	Light Truck/Van<br />
50.0	49.6	50.0	50.0	50.0	Motorcycle</p>
<p>Occupant MPG<br />
1970	1975	1985	1995	2005<br />
25.8	26.4	29.3	33.6	36.1	Car<br />
18.4	19.0	25.1	27.5	28.1	Light Truck/Van<br />
50.0	53.1	65.9	56.1	63.5	Motorcycle</p>
</div>
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		<title>By: jh</title>
		<link>http://blog.greens.org.nz/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-35946</link>
		<dc:creator>jh</dc:creator>
		<pubDate>Sun, 06 Jan 2008 04:49:52 +0000</pubDate>
		<guid isPermaLink="false">http://blog.greens.org.nz/index.php/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-35946</guid>
		<description>What was the fuel efficiency of cars in 1973 compared to todays cars? Of course people have to drive further today also.</description>
		<content:encoded><![CDATA[<div class='comment-inner'>
<p>What was the fuel efficiency of cars in 1973 compared to todays cars? Of course people have to drive further today also.</p>
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		<title>By: Russel</title>
		<link>http://blog.greens.org.nz/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-35943</link>
		<dc:creator>Russel</dc:creator>
		<pubDate>Sun, 06 Jan 2008 02:47:23 +0000</pubDate>
		<guid isPermaLink="false">http://blog.greens.org.nz/index.php/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-35943</guid>
		<description>jh, we&#039;ve put lots of effort into changing the building code. We have made some progress with the latest revisions and Jeanette&#039;s energy efficiency program is designed to escalate the level of retro-fitting of old houses which is just as important. I wish we could&#039;ve acheived more but we have used our six vote leverage as best we were able. It&#039;s actually a classical issue of crossover between social justice and environmental sustainability so I don&#039;t see it as an either or. Russel</description>
		<content:encoded><![CDATA[<div class='comment-inner'>
<p>jh, we&#8217;ve put lots of effort into changing the building code. We have made some progress with the latest revisions and Jeanette&#8217;s energy efficiency program is designed to escalate the level of retro-fitting of old houses which is just as important. I wish we could&#8217;ve acheived more but we have used our six vote leverage as best we were able. It&#8217;s actually a classical issue of crossover between social justice and environmental sustainability so I don&#8217;t see it as an either or. Russel</p>
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		<title>By: jh</title>
		<link>http://blog.greens.org.nz/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-35925</link>
		<dc:creator>jh</dc:creator>
		<pubDate>Sat, 05 Jan 2008 06:18:21 +0000</pubDate>
		<guid isPermaLink="false">http://blog.greens.org.nz/index.php/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-35925</guid>
		<description>Just a thought: they say the oil price isn&#039;t such a worry to the US economy because they use energy more efficiently now........
Well suppose we had had a stronger Green influence in building (say a fanantically focused minister. and the Green Party hadn&#039;t put so much effort into &quot;social justice&quot; shinanagins etc......) then we, with our lovely warm houses and efficient urban design, would be also able to say.... :wink:</description>
		<content:encoded><![CDATA[<div class='comment-inner'>
<p>Just a thought: they say the oil price isn&#8217;t such a worry to the US economy because they use energy more efficiently now&#8230;&#8230;..<br />
Well suppose we had had a stronger Green influence in building (say a fanantically focused minister. and the Green Party hadn&#8217;t put so much effort into &#8220;social justice&#8221; shinanagins etc&#8230;&#8230;) then we, with our lovely warm houses and efficient urban design, would be also able to say&#8230;. <img src='http://blog.greens.org.nz/wp-includes/images/smilies/icon_wink.gif' alt=':wink:' class='wp-smiley' /> </p>
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		<title>By: dbuckley</title>
		<link>http://blog.greens.org.nz/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-35922</link>
		<dc:creator>dbuckley</dc:creator>
		<pubDate>Fri, 04 Jan 2008 22:06:04 +0000</pubDate>
		<guid isPermaLink="false">http://blog.greens.org.nz/index.php/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-35922</guid>
		<description>uk_kiwi: my dollars are the price at the time, not inflation adjusted.

Thus when you put the &quot;appropriate&quot; rise in the &quot;real&quot; price of oil and then help it along with a collapsing USD, the rate of increase of price will, I think, be rather higher.

It is easy to understand why oil producing countries would rather not trade oil in USD at the moment, but - literally - just about anything else.  However there are strong policitical forces at play to keep the USD as the currency of oil, not to mention that the last significant oil-trading country that decided to shift away from USD paid a heavy price.

BJ: We&#039;ve not actually reached the level of $100 yet, it&#039;s just a one day event.  I&#039;m not convinced we&#039;ve made $90, but the signs are strong that a realistic $90/bbl is looming large.  The wobbles on price are very large, but fining a reasonable (realistic?) mid-point is non-trivial.</description>
		<content:encoded><![CDATA[<div class='comment-inner'>
<p>uk_kiwi: my dollars are the price at the time, not inflation adjusted.</p>
<p>Thus when you put the &#8220;appropriate&#8221; rise in the &#8220;real&#8221; price of oil and then help it along with a collapsing USD, the rate of increase of price will, I think, be rather higher.</p>
<p>It is easy to understand why oil producing countries would rather not trade oil in USD at the moment, but &#8211; literally &#8211; just about anything else.  However there are strong policitical forces at play to keep the USD as the currency of oil, not to mention that the last significant oil-trading country that decided to shift away from USD paid a heavy price.</p>
<p>BJ: We&#8217;ve not actually reached the level of $100 yet, it&#8217;s just a one day event.  I&#8217;m not convinced we&#8217;ve made $90, but the signs are strong that a realistic $90/bbl is looming large.  The wobbles on price are very large, but fining a reasonable (realistic?) mid-point is non-trivial.</p>
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		<title>By: Kevyn</title>
		<link>http://blog.greens.org.nz/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-35917</link>
		<dc:creator>Kevyn</dc:creator>
		<pubDate>Fri, 04 Jan 2008 15:09:33 +0000</pubDate>
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		<description></description>
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<p>uk_kiwi,</p>
<p>Fortunately a full list of blackspots was tabled in response to written questions in Parliament in 2006. I have merged them into a single PDF<br />
<a href="http://www.petroltax.org.nz/PDF/BlackSpots.pdf" rel="nofollow">http://www.petroltax.org.nz/PDF/BlackSpots.pdf</a></p>
<p>The LTSA definition of a crash black spot is â€œA site where 5 or more crashes OR 3 or more SERIOUS or FATAL crashes have been recorded in a 5-year period, within a 510m DIAMETER for RURAL areas, or a 70m DIAMETER for URBAN areasâ€?.</p>
<p>As the tables provide a list of contributing factors you can see for yourself how few have road factors identified by the police and how many have &#8220;poor handling&#8221;. It&#8217;s not surprising so few crashes are blamed on road factors when you see how limited the LTSA&#8217;s database is (table 26):<br />
<a href="http://www.transport.govt.nz/assets/NewPDFs/section2-casualties-and-crashes-2006.pdf" rel="nofollow">http://www.transport.govt.nz/assets/NewPDFs/section2-casualties-and-crashes-2006.pdf</a></p>
<p>Compare that with Transfund&#8217;s Road Safety Audit Checklists:<br />
<a href="http://www.ltsa.govt.nz/funding/tfm9/tfm9.pdf" rel="nofollow">http://www.ltsa.govt.nz/funding/tfm9/tfm9.pdf</a></p>
<p>A summary of black spot improvements:<br />
&#8220;Fatal crashes slashed by targeted road engineering&#8221; &#8211; LTSA 2004<br />
<a href="http://www.transfund.govt.nz/research/documents/stats-2004-07.pdf" rel="nofollow">http://www.transfund.govt.nz/research/documents/stats-2004-07.pdf</a></p>
<p>and the detailed version:<br />
<a href="http://www.landtransport.govt.nz/roads/crash-reduction-programme.html" rel="nofollow">http://www.landtransport.govt.nz/roads/crash-reduction-programme.html</a></p>
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		<title>By: samiuela</title>
		<link>http://blog.greens.org.nz/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-35912</link>
		<dc:creator>samiuela</dc:creator>
		<pubDate>Fri, 04 Jan 2008 05:57:45 +0000</pubDate>
		<guid isPermaLink="false">http://blog.greens.org.nz/index.php/2008/01/03/and-finally-the-inevitable-us100-a-barrel/#comment-35912</guid>
		<description>JH:

The IPCC predicts a sea level rise of considerably less than 1m by 2100. However, there are many uncertainties. You can see a discussion here:

http://www.realclimate.org/index.php/archives/2007/03/the-ipcc-sea-level-numbers/</description>
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<p>JH:</p>
<p>The IPCC predicts a sea level rise of considerably less than 1m by 2100. However, there are many uncertainties. You can see a discussion here:</p>
<p><a href="http://www.realclimate.org/index.php/archives/2007/03/the-ipcc-sea-level-numbers/" rel="nofollow">http://www.realclimate.org/index.php/archives/2007/03/the-ipcc-sea-level-numbers/</a></p>
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