Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


News from September 2004

Hurricane Ivan Threatens Energy Production in Gulf

Hurricane Ivan Threatens Energy Production in Gulf thumbnail

From AccuWeather Hurricane Center — Hurricane Ivan’s westward drift is now threatening US oil and gas production. Article describes the possible impacts. Hurricane Ivan Threatens Energy Production in Gulf Off-Shore Oil and Gas Facilities Will Feel First Effects of Storm that Will Bring Destruction from Florida to Eastern Great Lakes States (State College, PA – […]


OPEC may resist calls to raise oil output quotas much

OPEC may resist calls to raise oil output quotas much thumbnail

Cartel delegates say the assumption that the Organization of the Petroleum Exporting Countries will legitimize existing quota-busting by raising official supply limits by a hefty six percent at Wednesday’s meeting could prove wide of the mark.http://news.yahoo.com/news?tmpl=story&u=/nm/20040913/bs_nm/energy_opec_dc_3


Call for Opec to let in oil majors to boost output

Call for Opec to let in oil majors to boost output thumbnail

From FT: “Oil companies cannot discover enough new oil to ease today’s production-capacity shortage, Thierry Desmarest, chairman and chief executive officer of Total, has said.”http://news.ft.com/cms/s/ca85eda0-04fb-11d9-8f8e-00000e2511c8.html


Twilight In The Desert: The Fading Of Saudi Arabia’s Oil

Twilight In The Desert: The Fading Of Saudi Arabia’s Oil thumbnail

Matthew Simmons presentationSimmons


UK government grant promotes wave and tidal energy development

UK government grant promotes wave and tidal energy development thumbnail

From OGJ: “HOUSTON, Sept. 10 — Four organizations joined forces to develop wave and tidal renewable energy in response to a http://ogj.pennnet.com/articles/web_article_display.cfm?ARTICLE_CATEGORY=GenIn&ARTICLE_ID=211733


OPEC Finds Few Options to Put a Lid on Oil Prices

OPEC Finds Few Options to Put a Lid on Oil Prices thumbnail

click here for story OPEC Finds Few Options to Put a Lid on Oil Prices By JAD MOUAWAD – NYT Published: September 13, 2004 PARIS, Sept. 12 – The Organization of the Petroleum Exporting Countries is preparing to meet in Vienna on Wednesday in an unfamiliar and uncomfortable mood: helplessness. As recently as last summer, […]


How industry could gain in a post-oil economy

How industry could gain in a post-oil economy thumbnail

the demise of oil will create opportunities for expansion in other areas. This doesn’t necessarily give the green light for a manufacturing renaissance, but a prolonged period of appropriate sterling weakness would certainly help to end UK manufacturing’s seemingly endless relative decline.

Independant


Frontline PBS

Frontline PBS thumbnail

Fifteen years after the end of the Cold War and in the wake of two wars in the Gulf and Iraq, all the world’s easy oil has been found. Today, the oil industry has to go to extremes to find new sources of the asset that drives the world’s economy and fuels so many aspects of modern life. EXTREME OIL crisscrosses the globe like the transcontinental pipelines themselves, exposing a wide range of issues — and meeting people who wrestle with the dilemmas of how to ensure the supply we need, at a price we will tolerate.

http://www.pbs.org/wnet/extremeoil/


US Airways files for Ch. 11 bankruptcy again

US Airways files for Ch. 11 bankruptcy again thumbnail

One major problem has been fuel costs, which the company said are expected to be approximately $300 million higher than previously thought. Its mainline passenger revenues are expected to be $450 million lower than forecast.

Reuters


Mystery shrouds oil coup plotters

Mystery shrouds oil coup plotters thumbnail

THE AUSTRALIAN September 13, 2004 HARARE: Sixty-eight mercenaries, including former British special forces officer Simon Mann, will begin serving jail sentences in Zimbabwe this week after being convicted of joining a plot to stage a coup in oil-rich Equatorial Guinea. Mann was to get $US15million ($21.4 million) for his part in the coup and his […]


Hybrid Fiction – Newsweek

Hybrid Fiction – Newsweek thumbnail

Sept. 20 issue – Is the internal-combustion engine dead? listening to all the voices calling hybrid vehicles the future of transportation, you might think so. Alternative energy is back in style among the chattering classes. But oil prices would have to go a lot higher to make so-called renewables


World Energy Crisis – The Venezuelan Context

World Energy Crisis – The Venezuelan Context thumbnail

University of Los Andes (ULA) professor Franz J. T. Lee writes: Do we really have a “World Energy Crisis”? Is there a global, historical connection between this “crisis” and the dramatic social events in Venezuela? And why is Latin America a revolutionary time-bomb?

http://www.vheadline.com/readnews.asp?id=22749


Author Predicts Energy Crisis

Author Predicts Energy Crisis thumbnail

The founder of a Vancouver-based energy think tank has claimed that North America is on the verge of “a full-blown natural-gas crisis”. Julian Darley, author of the recently published High Noon for Natural Gas: The New Energy Crisis (Chelsea Green Publishing Company, US$18), told the Georgia Straight that the looming energy shortfall could be even worse in Canada than in the U.S. because 80 percent of homes here are heated with natural gas.

http://www.straight.com/content.cfm?id=4892


The Master of Wind

The Master of Wind thumbnail

the most important task, Dehlsen thinks, is to continue to drive costs down and efficiencies up, so that the attraction of wind becomes irresistible. Dehlsen says the cost of wind needs to fall below three cents per kilowatt hour


Oil moves UK trade deficit higher

Oil moves UK trade deficit higher thumbnail



The UK’s worldwide trade gap widened in July, as it ran up a monthly deficit on its oil balance for the first time in more than a decade.

BBC


Energy report for Friday, September

Energy report for Friday, September thumbnail

Just by saying it doesn’t make it so! The International energy Agency and OPEC said oil production is outstripping demand by 1.5-2.0 million barrels per day. Baloney! If that’s the case, then where’s the oil?! It certainly didn’t show up in yesterday’s weekly reporting on supply from the API and the Department of Energy! According to the DOE, crude oil inventories dropped 1.4 million barrels and has overall crude stocks at a 5 month low. In the last 2 months crude stocks have fallen 19 million barrels. Just cause they say it doesn’t make it so!

FXStreet


THE HIGH PRICE OF OIL

THE HIGH PRICE OF OIL thumbnail


I traveled to Venezuela to talk to people about oil (of which Venezuela has the world’s sixth-largest reserve), but the intellectual I visited wanted to talk about science fiction. “Have you seen ‘Mad Max’?” he asked earnestly

SF Gate


Even remote patches of oil are starting to look more and more attractive

Even remote patches of oil are starting to look more and more attractive thumbnail

With oil prices high and demand outstripping supply, companies are increasingly venturing into rugged areas that only a few years ago they would’ve scoffed at. “High oil prices are here to stay,” says former Venezuelan Oil minister Humberto Calderon. “The world has to be prepared.” That means exploiting reserves of oil that have until now been uneconomical.

msnbc


Peak oil – running on empty

Peak oil – running on empty thumbnail

In a matter of weeks america goes to the presidential elections and next year the british go to the polls. the biggest voting agenda item is the


Oil tax regime blamed for North Sea slump

Oil tax regime blamed for North Sea slump thumbnail

NORTH Sea oil output continued its decline in the first half, falling by 9.6 per cent year-on-year. The pound fell to a six-month low against the euro on the findings, amid fears that Britain is rapidly moving towards becoming a net oil importer. “The UK is losing its status as a petro-currency,” said the Centre […]


Peak Oil hits Craigslist

Peak Oil hits Craigslist thumbnail

Lately I’ve spent a lot of time browsing the craigslist cities near me looking for a good diesel to buy, when lo and behold, the cars/trucks section now has a link to search “Peak Oil” at Google. For those unfamiliar with craigslist.org, it is a website with free classifieds in major cities.

This “Craig” clearly takes it seriously, considering the barebones pages have NO OTHER external links.

http://houston.craigslist.org/car/


Market is in charge as OPEC’s clout fades – NYT

Market is in charge as OPEC’s clout fades – NYT thumbnail

Market is in charge as OPEC’s clout fades Jad Mouawad – NYT Cartel faces dilemma as prices fluctuate Early last summer, OPEC looked as though it had successfully absorbed tremendous shocks to the oil market – a strike in Venezuela, ethnic clashes in Nigeria, attacks on foreign workers in Saudi Arabia, a war in Iraq. […]


The Looming Disaster – American Scientist

The Looming Disaster – American Scientist thumbnail

Book Review: Red Sky at Morning: America and the Crisis of the Global Environment. James Gustave Speth.

Drawing on his decades of experience as a distinguished leader of the environmental movement, James Gustave (“Gus”) Speth has written a brilliantly insightful and extraordinarily useful book, Red Sky at Morning. (Among Speth’s accomplishments are that he cofounded the Natural Resources Defense Council, chaired the U.S. Council on Environmental Quality, advised presidents Carter and Clinton on environmental issues, founded and headed the World Resources Institute, led the United Nations Development Programme and won Japan’s prestigious Blue Planet Prize; he is currently dean of the School of Forestry and Environmental Studies at Yale.) The book’s thesis is that there is an urgent need to mount an “Environmental Revolution.”

americanscientist.org


Could Sunflower Oil Fuel Cars of the Future? – ABCNEWS.COM

Could Sunflower Oil Fuel Cars of the Future? – ABCNEWS.COM thumbnail

One of these days you might find yourself tooling down the highway in a car that runs on flower power. Or maybe not. But at least that’s the goal of British researchers who say they have come up with a way to extract hydrogen from sunflower oil sunflower oil


The Energy Crunch

The Energy Crunch thumbnail

Running as the Anti-Bush, Kerry has so far failed to craft a compelling theme for his campaign. Yet it is not at all difficult to imagine the Democrats building an inspiring message around energy. Americans’ relationship to energy underlies and ties together most of today’s headlines–gas prices, Middle Eastern terrorism and war, the environment, suburban sprawl, traffic-clogged roadways, the obesity epidemic. Talking about changing the way that we think about and use energy would give Kerry an entry point into discussing just about every hot-button issue in American life today.

freezerbox.com


Oil find just the start

Oil find just the start thumbnail

Two new oil discoveries in South Australia’s Cooper Basin have given Beach Petroleum confidence there is plenty more to be found.

heraldsun.news.com.au


Dow Average Stocks Drop as Oil Prices Rise

Dow Average Stocks Drop as Oil Prices Rise thumbnail

“We’re in a period of economic slowdown and oil is the final straw,” said Patricia D’Ille, a fund manager at Banque Privee St. Dominique in Paris, which oversees $2.45 billion in stocks and bonds. “An increase in oil prices weighs on margins. It will have an impact on stocks.”

http://quote.bloomberg.com/apps/news?pid=10000103&sid=aPMBrZ1MHnfU&refer=us”>


World oil stocks to build unless OPEC cuts

World oil stocks to build unless OPEC cuts thumbnail

World oil stocks will swell in coming months unless OPEC producers pull back from a production surge that is replenishing inventories, the International Energy Agency said on Thursday.


They think it’s oil over – but they’re wrong

They think it’s oil over – but they’re wrong thumbnail

THERE are few compensations from getting older, but one is how smug you feel when fashions come around again the second or third time. For instance, in Monday


Living with the Age of Entropy

Living with the Age of Entropy thumbnail

by George Monbiot


« Previous PageNext Page »



Oil News Categories


Recent Board Topics


Archive


LATEST NEWS HEADLINES


PO Real Time

No tweets available