No need to worry?

Cambridge Energy Research Associates (CERA) just released a new report on one of their favorite topics--debunking peak oil theory. CERA director of Oil Industry Activity Peter Jackson suggests in Why the Peak Oil Theory Falls Down: Myths, Legends, and the Future of Oil Resources we have over 3X the reserves that peak oil theorists suggest, 3.74 trillion barrels compared to 1.2 trillion barrels.

We haven't read the report yet, just the news release and Daniel Yergin's commentary on CNBC.
news release link

On a side note, I highly recommend Yergin's book The Prize to learn about the history of oil.
The Prize link on Amazon

Energy Links 11/14/06

We're going to try to post interesting links on a relatively consistent basis here on the Dave's Energy blog. As of now it will be a link dump with commentary here and there, but if healthy discussion from our readers persist we'll try to spread the links out and give our two-cents when applicable. Thanks for staying tuned and spread the word!

from WSJ.com:
Russia provides ~25% of Europe's natural gas and have been in political fisticuffs with many countries and entities over their influence. This is a theme that will likely escalate before it will go away.
Bypassing a Major Oil Choke Point
Georgia, Russia Feel Tensions Rise With Price of Natural Gas

Weather is beginning to make it's impact on the oil and natural gas markets
Oil Prices Fall Amid Mild Weather, High Inventories

Enron is still a dirty word in most circles, yet their trading strategies are lauded and coveted by Wall Street
Trading on the Enron Mystique

from csmonitor.com:
Move off the grid! Equip your home with solar panels, a micro wind turbine, and a micro CHP (Combined Heat and Power) unit and you could potentially produce enough energy to be self-sustaining. The $64,000 question remains, though--is it worth spending tens of thousands of dollars up front, or will you actually be better off sticking with the utility company?
It heats. It powers. Is it the future of home energy?

The Rand Corporation just released a report on renewable energy. Lots of good information inside.
Impacts on U.S. Energy Expenditures of Increasing Renewable Energy Use (in PDF)