India researching hydrogen as fuel

NEW DELHI, Sept 16 Asia Pulse – Aimed at developing an alternate to the fossil fuel to meet growing energy demand in India, the National Hydrogen Energy Board (NHEB) today sought a financial package including budgetary support of Rs 2.5 billion (US$54.1 million), and it will start a pilot project to use hydrogen as auto […]

Asia switches slowly to green power

SINGAPORE (Reuters) — Rising oil prices and pollution are fueling interest in green power in Asia but experts see no prospect of a rapid switch from the region’s growing dependence on oil, coal and gas. cnn

The End of oil? Guess again

Sure, the easy-to-find black gold is getting scarce. But Big Oil has a few cards left to play — no matter what the cost to the environment or the developing world. – – – – – – – – – – – – By Sonia Shah Sept. 15, 2004 | Are we “out of gas”? […]

New Pickup Makes Hummer Look Rather Puny

What was that about Peak Oil again?

This truck gets 7 miles per gallon of diesel!

BP chief sees no energy supply crunch

LONDON (Reuters) – BP Chief Executive John Browne has rejected notions of an oil supply crunch and underinvestment in production, saying the global oil industry is prepared to meet future demand.

Let a Thousand Reactors Bloom

Explosive growth has made the People’s Republic of China the most power-hungry nation on earth. Get ready for the mass-produced, meltdown-proof future of nuclear energy. http://www.wired.com/wired/archive/12.09/china.htmlChina is staring at the dark side of double-digit growth. Blackouts roll and factory lights flicker, the grid sucked dry by a decade of breakneck industrialization. Oil and natural gas […]

As a political issue, national energy policy lacks power

By PAUL ROBERTS Is it just me, or are the presidential candidates going out of their way not to talk about oil? Given the high price of crude, given the growing vulnerability of the global oil system, and given that many voters believe that Iraq is at least a little bit about oil, you’d expect […]

OPEC offers little hope to end oil scare

Iran and Venezuela went as far on Thursday as to suggest production cuts might even be possible when OPEC next meets in December, despite prices now at $44 a barrel.

Indian Express

Is the Moon the Saudi Arabia of the 21st Centruy?

When President Bush announced a new program last January to send humans back to the Moon, on to Mars, and beyond, he waxed eloquently about the spirit of exploration.

‘Cities in crisis’ leaders warn

World leaders and mayors have warned that rapid urbanisation is set to become one of the biggest challenges facing humanity in the 21st Century. http://news.bbc.co.uk/2/hi/science/nature/3658752.stm

Exxon-Mobil says restrictions need removed on drilling or face oil shortage

Exxon calls for off-limits oil to sate demand Thu Sep 16, 2004 07:36 AM ET VIENNA, Sept 16 (Reuters) – Oil producers’ struggle to keep up with rampant global demand growth will only be won with access to oilfields now off-limits, Exxon Mobil (XOM.N: Quote, Profile, Research) chief executive Lee Raymond said on Thursday. “The […]

US blasts Saudi ‘religious curbs’

The US has accused Saudi Arabia of severely violating religious freedom. In an unusual public rebuke, the US State Department put its key Arab ally on a list of states causing particular concern over freedom to worship. http://news.bbc.co.uk/1/low/world/americas/3660458.stm The US has accused Saudi Arabia of severely violating religious freedom. In an unusual public rebuke, the […]

US to fill SPR by 2005

In the event the United States is confronted with a serious disruption in oil supplies, the Strategic Petroleum Reserve can provide an emergency supply of crude oil. The oil is stockpiled in underground salt caverns along the Gulf of Mexico coastline. President Bush has ordered the Reserve to be filled to its full 700 million […]

Consumers Hurt by Oil Company Mergers

The Consumer Federation also criticized oil companies for raking in huge profits at the expense of consumers while failing to invest enough to develop oil fields that will be needed to meet growing demand.

Reuters

VIEW: It’s the Oil, Stupid

In the early eighties, at $36 per bbl, about 750 bbls of crude would buy you a top of the range Mercedes (about $27,000). When the price of oil hit $10, the same car cost $55,000 (some 5,500 bbls of oil). That translates to an effective drop of some 85 percent in purchasing power! http://www.dailytimes.com.pk/default.asp?page=story_15-9-2004_pg3_2

Consumers Socked by Over $500 Billion Increase In Household Energy Bills

WASHINGTON – September 14 – American consumers have been hit by an average $1,000 increase in their annual household energy bills during the past four years, draining more than $500 billion from the economy, a new report from Consumers Union and Consumer Federation of America shows. Much of these higher prices are due to unchecked […]

Britain less vulnerable to higher prices than other big economies

From FT: “But although Britain is not immune to the negative effects of higher oil prices, it is less vulnerable than its peers among the big economies because it produces about as much oil as it consumes.”http://news.ft.com/cms/s/1c800796-05ef-11d9-bff2-00000e2511c8.html

Fuelling uncertainty

From the Guardian: “On any serious reading, the prospects for oil prices are finely balanced. It was interesting that Gordon Brown, who is not only Britain’s chancellor but also chairman of the International Monetary Fund’s key political committee, sounded a worried note in an article in the Financial Times last Friday, whereas Jean-Claude Trichet, the […]

OPEC – Pay no attention to the man behind the curtain

Wind Power Falls Under $0.01/kwh

“as of June [the price of wind power] dropped to 1 cent per kwh.” Even without further expected improvements in turbine technology, the U.S. would now need to use less than 3% of its farmland to get 95% of its electricity demand satisfied by wind power.

Slashdot

Cheney voices support for coal

With more than a dozen coal miners standing behind him under a

Blair Speech on Climate Change Sept 14

“What is now plain is that the emission of greenhouse gases, associated with industrialisation and strong economic growth from a world population that has increased sixfold in 200 years, is causing global warming at a rate that began as significant, has become alarming and is simply unsustainable in the long-term. And by long-term I do […]

It’s the oil, stupid

Storms and terrorists and increasing consumption proves that energy is the heart, and the problem.September 14, 2004: 8:28 AM EDT NEW YORK (CNN/Money) – I can’t help but think back to the recent roaring 1990s, when so many smart tech-stock pickers, and technology fund managers told us that energy prices didn’t matter — we had […]

Sixty Days One Summer

By EV World What happens if we don’t prepare for the end of the oil age, while crushing the future? It all began with a seemingly unimportant headline out of Riyadh, Saudi Arabia. As the Kingdom’s oil production began to shrink, the government had been forced to cut its social services to meet its IMF […]

OPEC Output Up 80,000 Barrels Per Day in August

From Rigzone: “This growth in output is not showing signs of building significant amounts of inventory, and it raises the question of where the spare supply is going to come from should there be a disruption or a colder than average winter. It is important to note that we are about to begin the fourth […]

Oil hits troubled waters

Are cities growing too much?

From BBC: “Humans are on the brink of a historic turning point – changing from being a rural to an urban species, a new United Nations report says.”http://news.bbc.co.uk/2/hi/talking_point/3655390.stm

China reports soaring oil imports

From BBC: “China’s oil imports for the first eight months of 2004 rose by nearly 40% compared with the same period last year, according to state media reports.”http://news.bbc.co.uk/2/hi/business/3654060.stm

Hydraulic Oil Well Pump Undergoing Near-Flawless Field Testing

New Pumpwww.fossil.energy.gov./news/techlines/2004/tl_oil_wellhydraulics.html

Saudi Says OPEC Easing Oil Price Pressure

Algerian Oil Minister Chakib Khelil said he would support such a move but other ministers may prefer a smaller increase of nearer one million bpd, or no change at all. Whatever OPEC decides it will have little or no immediate impact on real supply levels because all in OPEC, bar Saudi Arabia, are pumping at full capacity.

Reuters

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