Independence Way

Sam Jaffe says a new microbe could produce cellulosic ethanol at 60-80 cents per gasoline-gallon-equivalent, and new solid state fuel cells could provide economical and efficient conversion of the ethanol to electricity. Independence Way John Kerry thinks we can innovate our way to energy security. We’re closer than he knows. By Sam JaffeIf there’s one […]

Kerry’s ”Energy Plan” By STAN GOFF

While the Republicans leverage our fears of the menacing Dark Other, the Democrats leverage our fear of Republicans. Now Kerry has engaged the Battle of the Bonesmen with a new ally–the eco-capitalists. counterpunch.org“If we want to know what the energy crisis looks like, look around. This is it.”

As crude prices soar, ‘Peak Oil’ looms

Heinberg said we’re now facing the imminent arrival of what scientists call “Peak Oil” – defined as the day when oil production peaks.

madison.com

Energy’s Perfect Storm – and a Script for Hydrogen

Fear drives the political myth of energy independence! John Whitaker’s coined phrase “Energy Independence” from 1973 is often used today by candidates offering a better idea or outlining complex “roadmaps” which are neither understandable nor helpful in the day-to-day survival for the common man. When President Gerald Ford asked America to seek “Energy Independence” in […]

Energy Security in East Asia

Nearly three years into the global war on terrorism, there is still an incomplete recognition of the strategic importance of energy security. The current focus on energy security remains lacking and limited, with a rather outdated reliance on the more traditional perspective of concentrating on the risks posed by instability and insecurity in the Middle […]

China’s thirst for oil grows despite surge in world prices

China’s economy is based on energy-intensive manufacturing, but labour is so cheap that it can cope with higher prices, experts say. And as its massive workforce shifts from farms to factories, they say demand for fuel will soar.

The Straits Times

The Future Of Energy: Alternatives Ahead

The IEA estimates that by 2030 there will still be 1.4bn people without access to electricity. To completely end energy poverty there is need to invest a further $ 665bn over the next 30 years. These are realistic figures, the aim is unfortunately unattainable.

PW

Why Are Oil Prices So High?

The increased cost of finding and developing non-OPEC oil has fueled speculators’ convictions that oil markets are a good long-term bet. Royal Dutch/Shell ’s reserves troubles have reinforced the view that oil is becoming harder to find.

Rueters

Crude oil surges above $46 a barrel!!!

LONDON – Fears of an oil shock deepened on Friday as crude set new highs, underpinned by fresh evidence of strong Chinese demand and worries about sabotage in Iraq.

MSNBC

Coal costs shock utilities

Standard & Poor’s warned yesterday that the credit ratings of some U.S. utilities could be jeopardized over the long term if surging coal prices remain near current levels.

Pittsburgh Post Gazette

Era of cheap oil is over, says Anderson

Oil production capacity is expected to peak in the next few years as demand grows rapidly, especially as the world’s two most populous countries, China and India, catch up to middle-class Western lifestyles. But the suggestion by an Iranian oil executive in Perth this week that Australian prices could eventually hit $3 a litre has been downplayed. Analysts say sustained high prices for oil encourage further exploration and oil companies to bring other reserves into production.

SMH

Industries feel pinch from rising oil prices

Cost of crude eating into companies’ bottom lines By Phil LeBeau CNBC Updated: 7:23 a.m. ET Aug. 13, 2004 From the ports to the planes, the cost of crude oil is eating into the bottom line. The airlines alone are expected to spend another $4 billion on fuel this year compared to last. “An industry […]

Stocks fall on HP report, rising oil prices

On top of the oil issue, Hewlett-Packard was the latest in a string of technology companies to disappoint Wall Street with second-quarter earnings. Like Cisco Systems and National Semiconductor earlier this week, HP said its third quarter would be similarly grim.

ST

U.S. consumers are paying more than ever before

For consumers, the consequences are stark. Already, extra energy costs are cutting into family budgets. After a modest lull, gasoline prices are expected to resume their climb later this month. The forecast is record heating costs this fall and winter, starting with a 20 percent increase in home heating oil prices on Long Island and in New York.

ND

Americans shying away from SUVs

DETROIT – U.S. consumers have recently been shying away from fuel-thirsty sport utility vehicles, an industry research firm said on Thursday, in a report on what may become a worrisome trend for Detroit’s traditional Big Three automakers. MSNBC The Power Information Network report said unsold SUVS had sat on dealership lots for an average of […]

The Natural Gas Crisis: Greens Engineer Another Disaster

we have plenty of natural gas (as does Canada) but environmental laws have so slowed new domestic and offshore drilling for it that there

Hydrogen economy touted as solution to peak oil

Fear drives the political myth of energy independence! John Whitaker coined the phrase “Energy Independence” back in 1973. Today, it is often used by candidates offering a better idea or touted by incumbents outlining complex “roadmaps” which are neither understandable nor helpful in the day-to-day survival for the common man. Squeeze Play! Energy

The motives and impacts of the Saudi oil increase

In his best seller “Plan of Attack,” released earlier this year, Washington Post reporter Bob Woodward wrote that President Bush was worried about the high price of oil and its impact on the presidential election.

“The ripple effect in the U.S. economy could be gigantic,” Woodward wrote. “Saudi oil policy could be the saving grace.

CNN

Saudis can’t deliver on oil, say cynics

Saudi Arabia sought to calm turbulent oil markets on Wednesday by offering to boost production but, after an initial drop in prices, the cost of oil rose again by day’s end.

SMH

Oil hits record high

LONDON (Reuters) – Oil prices have hit fresh record highs as U.S.-led forces seek to crush a rebellion in the holy Iraqi city of Najaf, a move
which Shi’ite Iraqi militia have warned could trigger fresh attacks on oil infrastructure.

SIe

Underwater ’slump’ threatens Arctic oil, gas drilling

“Melting permafrost in the high Arctic could be causing a massive underwater landslide that may interfere with efforts to explore for oil and gas, scientists say…”

CBC News:

US coal prices soar as output declines

From FT “US coal prices are rising rapidly as unexpected growth in demand this year is undermined by declining domestic production, according to Standard and Poor’s.”FT

The Fed’s oil bet

A drop in prices is what the central bank is betting on, but it’s been a no show so far.Kathleen Hays August 12, 2004: 8:37 AM EDT NEW YORK (CNN/Money) – Could oil be taking a toll on Europe’s growth now, too?

Oil demand will soon outstrip supply: industry planner

Dr Ali Samsam Bakhtiari is a senior planning expert with the National Iranian Oil Company and he’s in Australia to warn that the world’s demand for oil is now close to outstripping supply.

ABC.net

High fuel costs hit bottom line at SAS, Cathay Pacific

Record oil prices may force Western carriers into bankruptcy but Asian players likely to survive, say experts. Soaring fuel prices savaged the earnings of Scandinavian airline group SAS and undermined the profits of Hong Kong’s Cathay Pacific Airways … airlines globally may lose as much as US$6 billion (S$10.3 billion) this year if fuel prices […]

Lies, damn lies and harbor spies.

From WorldOil “I have no idea why so many elements of reserves growth are ignored or denied by the Peakers; perhaps it’s because it just doesn’t fit their impending doom scenario. Of these, two interrelated factors still have a long way to go: prices and recovery factors. The roughly 10% increase in recovery during the […]

Oil prices still close higher as traders doubt ability to deliver

From the Washington Post: Matthew R. Simmons, chairman and chief executive of Houston-based Simmons & Co. International, an energy investment bank, said he did not believe the Saudi numbers. “They’re basically lulling a lot of people into saying, ‘We don’t have anything to worry about,’ ” Simmons said. By Justin Blum The Washington Post Updated: […]

Record Crude Oil Prices and the World Economy

Crude oil prices are reaching new highs seemingly every day. NPR’s Noah Adams talks to Tom Wallin, editor of Petroleum Intelligence Weekly, about events and trends influencing the world oil market.

NPR

New Energy Bill: Reducing Our Dependence on Foreign Oil

Growing transportation requirements combined with declining domestic oil production have led to burgeoning oil imports. Rising oil prices are having an adverse impact on the U.S. economy as evident from recent economic data and stock market performance. We need a responsible energy plan which will balance our transportation requirements with the necessity to reduce our […]

Energy Transition

On Monday, 13 September 2004 we would like to invite you to help us launch the new phase of Energy transition during the conference Energy transition: from vision to realisation. Courtesy of ASPOA reliable, clean and economically efficient energy system is an essential precondition for sustainable economic growth in the long term. The transition approach […]

« Previous Page — Next Page »

LATEST NEWS HEADLINES

• Why the IEA is Wrong About Peak Oil Demand
• Did we inadvertently speed global warming?  
• Venezuela’s Oil Monopoly Eases
• Why Germany is Choosing Natural Gas Over Nuclear Power
• U.S. coal-fired electricity generation decreased in 2022 and 2023

• America Cracks Down on Methane Emissions from Oil and Gas Facilities
• Meet America’s Newest Oil Trader Extraordinaire: Joe Biden
• Is It Time To Refill America’s Strategic Petroleum Reserve?
• Oil prices set to end year 10% lower as demand concerns snap winning streak
• What’s Driving America’s New Oil and Gas Boom?
• China’s peak oil demand bombshell eviscerates Danielle Smith’s energy strategy