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 – […]
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
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
Matthew Simmons presentationSimmons
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
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, […]
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.
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/
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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. |
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 […]
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
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
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 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

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.
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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! |

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
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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. |
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
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 […]
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 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. […]
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.”
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
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.
Two new oil discoveries in South Australia’s Cooper Basin have given Beach Petroleum confidence there is plenty more to be found.
“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 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.
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
by George Monbiot
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