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By Robert Rapier on Apr 26, 2012 with 4 responses

Discussing Peak Oil, Speculators, Oil Shale, and Alternative Fuels

I am traveling some over the next two weeks, and did not have a chance to record my weekly video segment this week. However, last Friday I was a guest on Alan Colmes’ show on Fox News Radio, so I will share that this week instead. I had been a guest on his show last month to discuss whether President Obama bears responsibility for high gas prices.

As I said then, gas prices are outside the control of a sitting U.S. president. As an aside, gas prices appear to have peaked for now and are on the way down. Does anyone who blamed Obama for higher prices think he is responsible for bringing them back down? That is in fact a dangerous issue to campaign on, because if gasoline prices fall between now and the election — and you have made a big deal out of how they are the President’s responsibility — guess what? President Obama now takes credit for falling gas prices.

Anyway, I am drifting off topic here. On his show, Alan and I discussed my new book Power Plays. Some of the topics we discussed were:

  • What peak oil means
  • The role of speculators in the oil market
  • Why I am skeptical that we will address rising carbon emissions
  • Whether methane hydrates are a viable alternative energy source
  • The difference between our oil shale resource and oil reserves
  • Which alternative fuels are promising

Next week I will try to have a new video up. Readers who have questions can send them to ask [at] consumerenergyreport [dot] com. Consider subscribing to our YouTube channel where you’ll be able to view past and future videos.

Link to Original Article: Discussing Peak Oil, Oil Shale, Speculators, and Alternative Fuels

By Robert Rapier

  1. By Anthony McCarthy on April 29, 2012 at 7:14 pm

    Dear Robert – I comment now and again on The Oil Drum as wexford. I have done a review of your book on my blog:

     “From my experience in Wind Energy and in Bio-fuels I think his views are very important and I would rate this book as the best one I have read on this subject.”




    • By Robert Rapier on April 29, 2012 at 7:39 pm

      Thank you very much for the kind words Anthony. I am glad you enjoyed the book.

      Cheers, Robert

  2. By dubbleoj on April 30, 2012 at 2:14 am

    Still chewing on what you said about oil prices being high all over the world despite dollar debasement. If all major currencies are currently being debased, however, would they not all fall in tandem relative to hard commodities, as opposed to each other?  Federal Reserve, Bank of Japan, European Central Bank, Brazil, China…etc., all undergoing some sort of quantitative easing/monetary manipulation in a race to the bottom. 

  3. By mac on May 12, 2012 at 1:46 am

    Well, Oil is just like every thing else.


    SUBJECT  to the laws of supply and demand……………..




    Well Sir,  Not exactly………………………………

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