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Indeed. Yesterday there was a similar front page headline in our biggest financial newspaper:
http://img142.imageshack.us/img142/4379/kletusivupb3.png
And I was very surprised when they actually men ...

Here's a nice pic that was linked in an http://tonto.eia.doe.gov/oog/info/twip/gtpsusm.gif

So there is a drop, even if you calculate the demand Mb/d. But to me it looks like normal seasonal variati ...

Question: If the world climate falls into a long cold period, or a new ice age (like in "The Day After Tomorrow"), then will Al Gore, the IPCC, and other people warning about global warming (rising ...

A nuclear plant? It's a submarine!!
http://www.fineart.utoronto.ca/canarch/ontario/ottawa.jpgs/usa.embassy.jpg

I just had to amuse myself by googling for some embassy pictures.. [url=http://galler ...

IMHO now is the right time to fill up emergency reserves, when the worst times are still ahead. High oil price is not an emergency.

True inflation is an increase in the money supply (period), which has been running over 12% YOY. This increase in the money supply then translates into higher prices, which most folks call 'inflati ...

Back in 2004, I always found fascinating the articles by Andrew McKillop that rising oil prices actually increased demand usage. Its probably time to review his older articles. In the older 2004 art ...

Check out

That's way, way too short of a timeline to make any judgment. And the fast melt rate during the last month or two might just be noise in the system. (Not being a denier or non-denier, ...

Our national parliament ratified the constitution so we didn't have to bother our little heads with such decision.

I would've voted no, just because I didn't (and I still quite don't) know what the ...

Unstable? Why? Care to plug some numbers into the equations and show that out explicitly?
I don't know where to get the data so I'll demonstrate my point with an imaginary example:

Lets look at th ...

I'm sorry, but imho that whole analysis is nonsense. Like many people in TOD's discussion already pointed out, he's overfitting the data. You can fit any data if you have enough variables, but at the ...

If the pattern repeats from last year the next four weeks will be quasi-stable around the current level, up and down small amounts but nothing significant. Then the last week of September/first wee ...

Last year the Arctic started out with just over 5 Mkm^2 in September. Freezing in the Arctic was slow due to the years 2002-2006 of additional open water reducing the perennial ice and absorbing more ...

Scientists threatened for 'climate denial'
So who are the other scientists? The article mentions only one.

I smell propaganda...

But isn't this article saying output rose 85,000 bbd overall?
I think it says quite clearly that the 85,000bpd increase doesn't include Iraq and Angola.