The Oil Drum: Europe

More under the fold--a video of the House Democrat(s?) Call for Nationalization of US Refineries, Matt Simmons on the "Truth about Offshore Drilling," a quality interview with Professor Michael Klare on "The Geopolitics of Energy" with Jim Puplava of Financial Sense, an effective 30 second Aussie commerical "Gas is "F*-ing Expensive," and a Bill O'Reilly vid to make your head explode.

Henry Blodget and Aaron Task. Well worth watching!! Here's a link to the article (from which this video comes, that links to TOD in the last sentence).

Under the fold, more videos from TOD's own Rembrandt Koppelaar, Matt Simmons, Bob Hirsch, Amory Lovins, Randy Udall, Marvin Odum, and others...

Robert Hirsch, author of Peaking of World Oil Production: Impacts, Mitigation, and Risk Management (a.k.a. the Hirsch Report), appeared on CNBC this morning. He said flat out that new technologies and new drilling won't solve the peak oil problem, and that we should expect $12-15/gallon gasoline followed by rationing.

You can also watch the video at CNBC or read the transcript below the fold.

[Update 1:30p EDT] And here's a follow-up with T. Boone Pickens.

[Robert] Hirsch doubts that the world can keep increasing oil flows for much longer. "CERA sees a long plateau ahead," he said. "But I can't find a plateau in the data I'm looking at." The downturn, when it comes, could take the world by surprise. "Peaking could come with little warning and sharp declines," he said....

"We have 1,500 days until peak and tomorrow we'll have one day less," Chris Skrebowski, the editor of Petroleum Review, told the ASPO-5 crowd today. Skrebowski's projections, which focus on oil flows instead of reserves, has the world peaking at between 92 and 94 million barrels per day. Unfortunately, he said, "collectively we're still in denial."