Canada’s integrated energy companies prepare to roll out big Q3 results

As of last quarter, all five of Canada’s major integrated oil companies had plans to invest in the northern Alberta oilsands, where reserves are the second largest in the world behind Saudi Arabia.Uahoo (Yahoo Business News)

EDTA Hydrogen Debate

Hydrogen Fireworks!
Special EV World Open Access article featuring MP3 audio from the EDTA Hydrogen Debate

EV World

Energy doomsday could strike in coming decade

With the debate over the supply/demand ratio of global oil supply reaching heightened levels, a new report warns that the world may face catastrophic shortages before the end of the next decade. TheDesertSun

How to make money on peak oil (& water)

Investors Remain Bullish on Oil, Metals
Saut’s “stuff” strategy extends to anything where he foresees a shortage. Producers of fertilizers and grain are on his radar, as are companies that build and maintain water treatment facilities and desalinization plants, since many parts of the developing world lack potable water.

“The world runs on oil and water,” Saut said. “I don’t hear anyone talking about water, but it’s a very important thing. It’s a huge problem. You watch.”

Light Sweet Crude Chart

Light Sweet Crude Chart
A Picture is Worth a lot of talk, don’t miss this picture.
Bloomberg

The Peak Oil Update newsletter

Video: Watch it online – One hour Hijacking Catastrophe: 9/11, Fear, and the Selling of American Empire I highly recommend this video. It will help you better understand the background to the wars in Afghanistan and Iraq. These wars were planned long before the Bush administration took power and long before 9/11. Why? To secure […]

Global Scale Politics

“If you knew about Hubbert’s Peak a decade ago – as oilmen Bush and Cheney surely did – perhaps you would regard occupation of Afghanistan and Iraq as an ugly but necessary price to pay in order to secure sufficient time for the U.S. economy to convert? The big end of the year recap story […]

Oil to hit US$100 a barrel, says psychic

OIL prices will skyrocket to US$100 per barrel, but the rich in Trinidad and Tobago will continue to get richer and the poor poorer. Yesenia Gonzalez, the 44-year-old Venezuelan psychic, is so confident this prediction would materialise in 2005, that she said she was prepared to put her reputation as a “top international psychic” on […]

Editorial comment – march 2004

WorldOil: At the risk of thoroughly ticking off some of these folks, I’ll reveal some tricks of the trade. There are three guiding principles for successful soothsaying: don’t be too specific in time or details, and make many predictions – one of them is likely to come true, and the others will be forgotten. As […]

THE SHORT PATH TO OIL INDEPENDENCE

Earth Policy Institute: If over the next decade we convert the U.S. automobile fleet to gas-electric hybrids with the efficiency of today’s Toyota Prius, we could cut our gasoline use in half. No change in the number of vehicles, no change in miles driven—just doing it more efficiently. Earth Policy Institute

CNN breaks rank with Mainstream News Outlets linking High Oil Prices to Geology

VANCOUVER, Oct. 15, 2004 – In its October 13, 2004 story ‘Pump Pain Politics’, CNN Headline News and CNN Financial News have broken rank with mainstream television news by addressing the real geological driver behind rising oil and gas prices. Julian Darley, Post Carbon Institute, is featured, as well as nationally known political analyst Professor Larry Sabato, Center for Politics (UVa).

Post Carbon

Pit News/Energies Report – Phil Flynn

…The reporting agencies gave us a crude oil build of 4.2 million barrels but is this real? There were hopes this build would cool off the products but hopes were dashed when traders saw the very familiar number. This 4.2 million barrel build in crude oil is the exact number the SPR loaned to US refiners during this same time frame. Without the loan, would we have seen any build at all?…

Alaron Trading

Petrol sales suspended in Eritrea

It’s said that the effects of expensive oil will be felt first by the poorest regions. Here is a poor country that has stopped the sale of petrol to the public since the country can’t afford the foreign currency to buy it! Eritrea has banned the sale of petrol to the public because of the […]

Global-Scale Problems

Paul Weisz’s already oft cited July 04 Physics Today article Basic Choices and Constraints on Long Term Energy Supplies begins with a succinct statement of the emerging energy supply problem: Population growth and energy demand are exhausting the world’s fossil energy supplies, some on the timescale of a single human lifespan. Increasingly, sharing natural resources […]

The Countdown for the Peak of Oil Production has Begun

With accumulating evidence we will soon be able to decide between the conflicting views held by “optimists” and “pessimists”. Many indications during the last four years vindicate the theses of the “pessimists” and not of the “optimists”. But it would be much more appropriate to leave these misleading categories behind and to speak in future […]

Paying the price for China’s growth

The sheer scale of China’s economic transformation is matched only by the size of the new challenges and dangers it has created. None is bigger than the threat to the environment. Feeding a fifth of the world’s people on 7% of its arable land was never easy – and that land is now shrinking at […]

UK boost for biomass fuel crops

The UK is to encourage the production of biomass, crops grown specially for use as environmentally-friendly fuels. The government is setting up a task force to stimulate biomass supply and demand, and offering a range of grants.

World oil price projections 1970-2025

DOE: 30 $/barrel in 2025DOE

Verbatim Text Of Fed Chairman Greenspan’s Speech On Oil

The following is the verbatim remarks by Federal Reserve Chairman Alan Greenspan on oil to the National Italian American Foundation, Washington, D.C. 10-15 09:12: Verbatim Text Of Fed Chairman Greenspan’s Speech On Oil DJ Verbatim Text Of Fed Chairman Greenspan’s Speech On Oil The following is the verbatim remarks by Federal Reserve Chairman Alan Greenspan […]

Greenspan: Oil-Price Surge May `Wash Out` Over Time -2-

10-15 09:35: Greenspan: Oil-Price Surge May `Wash Out` Over Time -2- DJ Greenspan: Oil-Price Surge May `Wash Out` Over Time -2- The remarks suggested the U.S. central bank will persist with its campaign of higher interest rates despite sharply higher oil prices. Crude-oil prices have climbed about 40% in the last 12 months, but the […]

Oil import prices fuel 7% jump in US trade deficit

Oil import prices fuel 7% jump in US trade deficit THE US trade deficit widened in August to its second-highest level on record, fuelled by the highest oil import prices in 23 years and record imports from China. The monthly trade gap totalled $54 billion (£30bn), expanding nearly seven per cent from £28bn for July. […]

Summary of Weekly Petroleum Data for the Week Ending October 8, 2004

US domestic crude supply dips below 5 mb/d.DOE-EIA

The Defenders of Civilization

by Chip Haynes Electricity defines our civilization. It powers our society and shields us from anarchy. Take that power away, and the thin veneer of civilization begins to erode almost immediately. Try driving down a city street minus functioning traffic lights and see how friendly everyone suddenly isn’t. It’s a concrete jungle out there. Commerce […]

ConocoPhillips sees structural change towards higher prices in oil industry

HOUSTON, Oct 14 (Reuters) – The chief economist for oil major ConocoPhillips (COP.N: Quote, Profile, Research) told a business audience on Thursday that oil prices are likely to stay high because of a “permanent structural change” in the industry. http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh87552_2004-10-14_23-50-20_n14211832_newsml

a car that runs on air

It´s already looking like the MDI Air Car will be one of the major technological discoveries of the new century. Inventor Guy Négre has developed a car capable of a top speed of 110 km/h, 300 kilometres on one tank of fuel and at a cost of just a penny per kilometre. All of this at “zero pollution”. In fact the car cleans the air it uses!

TheAirCar.com

The Big Plunge

High prices at the pump are finally giving oil companies the incentive to make long–and expensive–bets to find new supplies. No one is going deeper than ChevronTexaco. The bad news for oil consumers is that global demand has been growing at 1.5% a year over the past five years, while production capacity has been inching […]

‘Eco’ friendly fuel breakthrough -safe hydrogen gas tank

The latest breakthrough involves injecting Hygrogen gas at high pressure into tiny pores which act as a ’sponge’. The key is to use porous materials containing holes a hundred thousand times smaller than the thickness of a piece of paper. Pressure within the material is then reduced preventing the risk of the gas exploding. BBC […]

Student project leaps into future

Hand-built on a shoestring budget by a Central physics teacher and a team of students, the truck is one of a kind, a demonstration of how future transportation can be self-sustaining and pollution-free.

AZCentral

Big green energy machines

The ZEPP is a supercompact, superfast, superpowerful turbine putting out electricity and carbon dioxide (CO2) that can be sequestered. Investments by energy producers will make methane (natural gas) overtake coal globally as the lead fuel for making electricity over the next two to three decades. Methane tops the hydrocarbon fuels in heat value, measured in joules per kilogram, and thus lends itself to scaling up. Free of sulfur, mercury, and other contaminants of coals and oils, methane is the best hydrocarbon feedstock.

Industrial Physicist

Oil Reaches $54 a Barrel on Concern Winter Will Drain Supplies

Oil Reaches $54 a Barrel on Concern Winter Will Drain Supplies Oct. 14 (Bloomberg) — Crude oil rose close to a record on concern that refiners will lack the supplies to meet demand for heating fuel during the northern hemisphere winter. “There’s a distinct lack of availability of heating fuels in the U.S. and northwest […]

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