Disasters waiting to happen

All of our current problems are unintended negative consequences of our existing technology. What makes you think that, as of January 1, 2006, for the first time in human history, technology will miraculously stop causing new unanticipated problems while it just solves those it previously produced? (some of the topics disucssed in the article) “The […]

Demand by India, China on energy will continue surging — Qatari oil

PWR-INDIA-MINISTERS-MEETING NEW DELHI, Jan 6 (KUNA) — International demand on oil is expected to keep on the rise especially by India and China, the world’s most populous nations, Qatari Oil and Industry Minister Abdullah Bin Hamad Al-Attiyah said Thursday at the first Roundtable Conference of Asian Oil Ministers currently underway here. Al-Attiyah said the Chinese […]

Analysts say move could finish off US Airways

Southwest Airlines’ decision to fly from Pittsburgh could deliver the long-predicted kill shot finishing off US Airways. The nation’s seventh-largest airline already is reeling from a series of unfortunate events: its second bankruptcy, high oil prices, an escalating fare war and a Christmas holiday travel disaster that stranded thousands of customers and misplaced untold numbers […]

Powergen seeks permission for £800m conversion of Grain station

Powergen lodged a planning application yesterday for a £800m scheme to convert its oil-fired Isle of Grain station in Kent to burn gas, and effectively double the output from the facility. The move is designed to help ensure that Britain’s electricity supplies do not begin to run dangerously low from the end of this decade […]

Storm grows over giant wind farm

Thousands of protesters have made official objections to plans for Europe’s biggest wind farm on the Isle of Lewis, in the Outer Hebrides. Developers want to build more than 230 of the tallest wind turbines to be erected in Britain on peat moorland in the north of the island. www.news.bbc.co.uk

Hot weather in 2004 a sign of global warming

Last year has been ranked the tenth hottest year in Australia since official records began in 1910. According to the World Meteorological Organisation’s annual climate survey, the mean temperature during 2004 was 0.45 degrees above the long-term average. www.abc.net.au.

Domestic oil prices seen steady over next 3 mos

Domestic oil prices will likely be maintained at their current levels at least three months, the country’s top energy official said. Energy Secretary Vincent S. Perez told reporters yesterday that if international crude prices will continue on a downward trend, consumers may even expect a price rollback within the first quarter of the year. www.philstar.com

Oil Geopolitics & Russia

Putin leads BRIC alliance (Brazil, Russia, India, China) and plays oil trump card – some Russian Yukos oil assets for China and India India Daily Russian President Putin has nationalized the Yukos oil company – the largest oil producer of Russia. It is evident that the West and BRIC will confront each other during the […]

Talk of oil decline moving into mainstream

YELLOW SPRINGS, Ohio — Until about five months ago, Mel Hutto had never heard of “peak oil,” the belief that global oil production will decline and never return to the levels that have nourished American lifestyles. Now the 66-year-old retired business consultant says he will change his lifestyle and campaign in his hometown of Bellingham, […]

Crude tumbles on EIA report

NEW YORK (Reuters) – Crude oil futures fell Wednesday morning after a key government inventory report showed a much larger than expected increase in distillate stocks, which include heating oil.
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Crude stocks were down 3.3 million barrels at 291.8 million barrels, a bigger than expected drawdown. Analysts were expecting a 1.2 million barrel fall in crude oil supplies.

CNN Money

Kingdom Has Enforced 500,000 bpd Oil Cut

Saudi Arabia has enforced its pledge to cut 500,000 barrels a day of oil supply and is now producing around nine million barrels per day, Minister of Petroleum and Mineral Resources Ali Al-Naimi said yesterday. “We took off the 500, we’re around nine,” Naimi told Reuters in an interview on arrival for a meeting with […]

India to host OPEC meet

Energy-hungry India will step up efforts to secure stable and possibly cheaper oil supplies this week, hosting Gulf OPEC states and key Asian importers in a new diplomatic push for regional solidarity. With its reliance on foreign crude oil growing as stagnant domestic demand begins to pick up, India is keen to foster ties with […]

The year of living dangerously

When President Bush is inaugurated later this month, he will have reason to be grateful that a leader’s success at stewarding his country’s economy is no longer measured by the strength of its currency. Since he first came to power four years ago, the dollar has already lost more than 10 per cent of its […]

Group to monitor coal mines’ green efforts

The New South Wales Department of Infrastructure, Planning and Natural Resources will establish a new committee to monitor the environmental performance of coal mines in the state’s Hunter Valley. The Hunter Coalfields Flora and Fauna Advisory Committee will develop sustainability goals for mining companies and assist in establishing consent conditions for new mining projects. http://www.abc.net.au/news/newsitems/200501/s1276658.htm

Asia importers may seek low crude prices

Asian oil importers may try to persuade their core Middle East crude suppliers to bring down sky-high prices when they meet this week, but for the time being, at least, they cannot claim to be unfairly singled out. Since September, for the first time in many years, refiners in Japan, South Korea, India and China […]

The Hydrogen Economy

If the fuel cell is to become the modern steam engine, basic research must provide breakthroughs in understanding, materials, and design to make a hydrogen−based energy system a vibrant and competitive force.

Physics Today

Runaway Train

“Humanity’s way of life is on a collision course with geology—with the stark fact that the Earth holds a finite supply of oil. The flood of crude from fields around the world will ultimately top out, then dwindle. It could be five years from now or 30: No one knows for sure

E/The Environmental Magazine

ASPO January Newsletter

The Association for the Study of Peak Oil and Gas (ASPO) January Newsletter (number 49) is now available.

Link to PDF

When The Oil Runs Out

Oil is the sinews of the modern life, providing the world with power. It supplies fuel for factories, heavy and light industries and generates electricity. Not only that, oil derivatives are used to make a diversity of products including clothes. Oil is also the raw material of many plastic products. Unfortunately, this valuable substance which […]

The Elephant of All Elephants, Ghawar Field

http://www.aapg.org/explorer/2005/01jan/ghawar.cfm from American Assoc. of Petro. Geologists.Among the many prolific oil fields in the Middle East, the giant Ghawar field in Saudi Arabia stands out as the crown jewel. Discovered in 1948, Ghawar is the world’s biggest oil field, stretching 174 miles in length and 16 miles across to encompass 1.3 million acres. Current estimates, […]

Saudis reduce oil production

Saudi Arabia has enforced its pledge to cut 500,000 barrels a day of oil supply and is now producing about 9 million barrels per day (bpd), Saudi Oil Minister Ali al-Naimi said Tuesday.

CNN Money

OGJ Data

This year the Oil and Gas journal is providing its year end 2004 data on reserves and crude production to anyone. The article is not available, only the data. The URL is given belowhttp://downloads.pennnet.com/pnet/surveys/ogj/0412202223.pdf

2005-Goldilocks Economy(not too hot and not to cold) or Recession?

We live in uncertain times. The Fed is raising interest rates, the dollar is falling and the U.S. is fighting a worldwide war against terrorism. U.S. stock market valuations are high, the bond market is overpriced and most asset classes of all stripes remain overvalued or fairly priced. Not to worry. That seems to be […]

National Security to Lead Renewable Energy Deployment

Washington D.C. [RenewableEnergyAccess.com] If one actionable priority could be distilled from the chorus of support expressed for renewables at last week’s conference of the American Council On Renewable Energy (ACORE), it’s that the time has come to shift the nation’s priorities from an era of research and development to one of major deployment. And the […]

How to succeed in history: Societies don’t die by accident – they commit ecologi

Why did once flourishing societies collapse and disappear? Jared Diamond, a Pulitzer Prize-winning geographer at UCLA, has spent much of his career wrestling with this profound question. It is not merely a romantic mystery; the answers, he believes, offer us the prospect of self-preservation. Collapse: How Societies Choose to Fail or Succeed” is remarkable for […]

Power From the Oceans

Wind energy industries are growing, and as we look for alternative power sources, the growth potential is through the roof. Two industry watchers take a look at generating energy from wind and wave action and the potential to alter the energy landscape.Underwater turbines generate electrical power from the energy of water flowing by. Turbines like […]

Russia orders oil pipeline to Pacific

Russia said it had ordered the construction of an oil pipeline from its huge Siberian oilfields to the Pacific Ocean opposite Japan, in a move to boost export opportunities throughout East Asia and to the United States. A “system of pipelines” with an annual capacity of 80 million tonnes would be built from Taishet in […]

Yukos says Germany aided Kremlin over key asset sale

Yukos, the stricken Russian oil group, has accused the German government of complicity in the appropriation of its main operating unit Yuganskneftegaz. Robert Amsterdam, the lawyer who represents the main shareholder of Yukos, Menatep, and its imprisoned former chief executive Mikhail Khodorkovsky, alleged yesterday that Deutsche Bank was acting as a “proxy” for the German […]

Coal Shortfall Expected Again This Year

The coal industry is expected to fall short of demand in 2005, with some areas possibly being hit by striking shortfalls despite robust growth in production. The prediction was made at the ongoing weeklong Coal Ordering Conference in Qinhuangdao, in Hebei Province, which started last Thursday. http://china.org.cn/english/2005/Jan/116727.htm

Riozim Sitting On Coal Reserves

RIO Tinto Zimbabwe (RioZim), sitting on 1.3 billion tonnes of unexploited coal reserves, is failing to entice independent power inves-tors into the long-stalled US$1.8 billion Sengwa power generation project. The project has the capacity to boost Zimbabwe’s limited power generation capacity ahead of the expiry of the existing power import agreements in 2007. RioZim, which […]

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