The Top 10 Peak-Oil-Related Stories of 2008

[Javaman]

http://www.energybulletin.net/node/47630

[4dsc]

1. I was wondering about the tar sands

Among the earliest casualties were the Alberta tar sands processing projects which require massive amounts of capital for every barrel of production capacity; one company even announced a 50-percent cutback at their existing tar sands operations because $40 oil does not cover current costs to excavate and separate bitumen from sand. Additionally, some proposed deepwater projects don’t work with oil prices under $60 a barrel.

Good news for everyone..

[DainBramaged]

2. Top ten peak Starbucks stories of 2008

"Just overpriced coffee. Would not make me badmouth it, simply not go there often."

"I tend to go to Starbucks when I travel, especially abroad because it is a consistent experience. There is a Starbucks five blocks from my home, and I never go there because their prices are too high."

"I hate paying more than $3 for coffee."

"The price comes nowhere near the product delivery I have had far better coffee at half the price—pricing is ridiculous."

"Face it, Starbucks is expensive. With so many other options available to me, it is not always worth the added expense."

"It is this simple. I love coffee. I love GOOD coffee. I need a cup of coffee early every morning. I try to avoid Starbucks and end up buying coffee somewhere else for half the price."

"Raising of prices would cause me to leave Starbucks. They are already very high."

"If prices go any higher, I will have to reduce my visits."

"If prices go up again, I'm out."

"At this moment, prices of non-coffee products are unacceptable. When price of coffee-products also increase, I'll stay away."