-Branson warns that oil crunch is coming within five years
-Tony Hayward: BP's straight-talking chief on evolution not revolution
-Endless Oil: Peak Production vs. Oil Price

A weekly roundup of peak oil news, including:
-Prices and production
-Sovereign debt and economic recovery
-Violence in Iraq
-Quote of the week
-Briefs

It is simply impossible to assign a clear, calculable probability to any scenario for climate change or future oil supplies. The best we can do is to characterize the incalculable. But, by knowing the range of presumed outcomes, we can start to characterize the effects and therefore gauge the probable severity of any particular outcome.

One way of looking at our current set of predicaments is that we've been on a binge, consuming energy considerably faster than it can be captured and stored by Earth's ecosystems. While fossil fuels once appeared limitless (and still do to deniers of peak oil), and though we're literally bathed in energy (in the form of sunlight), the disappearance of the fossil-fuel storehouse accumulated over millions of years isn't something that can be replaced with anything nearly as convenient as fossil fuels.

In a busy week for energy policy, UK energy watchdog Ofgem finally acknowledged what has been obvious for years: that liberalized markets cannot deliver energy security in the era of carbon reduction and resource depletion.

The fact that nobody from ASPO was invited to discuss energy security in Davos shows that they are not interested in anyone bearing unpleasant news... Institutions and oil companies are assembling an explanation for Peak Oil that says that the resources exist but that the will to invest is lacking.

Mr. Gabrielli, the CEO of Petrobras, gave a presentation in December 2009 in which he shows world oil capacity, including biofuels, peaking in 2010 due to oil capacity additions from new projects being unable to offset world oil decline rates.

-How long before the lights go out?
-Peak Oil Theory: implications for Australia’s strategic outlook and the ADF
-The Iraqi Oil Conundrum
-A New Clean Economy — With Old Sources of Energy
-Business as Usual: Hooked on Foreign Oil
-Stop the Green Tech Coup, Military Industry on the Offensive

A midweek roundup of peak oil news, including:
-Prices and production
-Asian demand
-Russian Economy: Un-BRIC-like during 2009