Spotlight shone on energy conservation

Some international research institutes including the Association for the Study of Peak Oil & Gas (ASPO) and the World Resources Institute projected the global oil supply is expected to reach its peak between 2010 and 2030.

China is expected to promulgate a law this year to encourage the use of renewable energy, including hydropower, wind power, bio-mass and solar energy.

Xinhua

So you think we have an energy problem?

76 years ago the President of General Motors predicted 80-mpg by 1939; 69 years ago Ford Motor Co. tested a 170-mpg Pogue carburetor; 32 years ago Shell Oil Co demonstrated a 376-mpg automobile; 28 years ago a 100-mpg Ford V-8 was demonstrated; 22 years ago Peugeot advertised a 72-mpg @ 56-mph Diesel. 3 years ago an English newspaper article announced a 104-mpg Toyota Diesel and 94-mpg VW/Audi Diesels. Commercial fuel cell vehicles have been available in Europe for years. Many U.S. Patents exist for devices that separate the elements of water for use as fuel, one patent #1,380,183 was granted 84 years ago.

Byron Wine

Controlled nuclear fusion reproduced in a laboratory

This approach, called bubble fusion, and the new experimental results are being published in an extensively peer-reviewed article titled “Additional Evidence of Nuclear Emissions During Acoustic Cavitation,” which is scheduled to be posted on Physical Review E’s Web site and published in its journal this month.

RPI.edu

China’s risky scramble for oil

China’s efforts to tie up oil and gas resources – in places such as Iran, Saudi Arabia, and Sudan – have not been cheap. But it has an unfair advantage, says Michael Lynch, president of Strategic Energy and Economic Research in Amherst, Mass. Its national oil firms have access to cheap capital from government institutions […]

Consumer prices up 3.3% in ’04, led by energy costs

WASHINGTON — Consumer prices jumped 3.3 percent last year, driven by the biggest surge in fuel bills in 14 years, the government reported Wednesday.

NWAnews

Producers Set To Reap Windfalls by Adam Porter

Against the forecasts of many analysts, oil prices are once again touching $50 a barrel. The main reason given for this current rise is a cold snap in the United States. But as we have seen before, that mass media version of reality may be not so real after all. First, the lack of refining […]

OPEC to discuss production cut in upcoming meeting

Impacts of the one million barrels per day (bpd) reduction in the oil production by the OPEC (Organization of Petroleum Exporting countries) member countries will be reviewed during the organization’s January 30 meeting. “Next OPEC meeting will be held at the end of this January during which the effects of the one million barrels per […]

Oil thirst ‘will not be quenched this year’

Global demand for oil would remain strong this year, led by China and other Asian countries, the International Energy Agency forecast yesterday, while warning that unexpected events could crimp supply.

The agency also estimated that Organisation of Petroleum Exporting Countries (Opec) producers had so far cut production by about half of the 1-million barrels a day agreed on from January to sustain prices

www.bday.co.za

Alliance between Russia, China and India hardly possible.

When Yukos’ major production unit Yuganskneftegaz was auctioned off for $9.1 billion as back tax payment last December, Russian President Vladimir Putin made a series of statements indicating that the remains of Mr. Khodorkovsky’s empire might become a foundation for the future development of Russian-Chinese cooperation. He meant the possible sale of a 20% stake […]

MIKE RUPPERT – LIVE AT THE UNIVERSITY OF WASHINGTON

January 19, 2005 (FTW) — On Saturday night, January 15th, at Kane Hall, on the campus of the University of Washington in Seattle, a standing room only crowd of almost 1000 witnessed a new and aggressive presentation by Michael C. Ruppert, as he began the healing process of moving forward from the 9-11 focus many […]

It Just Doesn’t Matter

The dollar has been in decline for years. But we’re told it doesn’t matter. A weaker dollar, according to any Econ 101 textbook “makes domestic goods more competitive in overseas markets.” Interesting then, that our trade deficit stands at yet another record high, the gap wider than ever. Apparently foreigners aren’t as much in the […]

Putin, Nazarbayev sign gas development deal

Russian President Vladimir Putin and Kazakhstan President Nursultan Nazarbayev signed an agreement here Tuesday delimiting the border between the two states and allowing joint development of the Central Asian republic’s second-largest natural gas field. “We have managed to resolve an essential issue — that of the state border between our two countries,” Putin told reporters […]

Will Washington Tolerate A Chinese-Venezuelan Petro Pact?

The U.S.-Venezuela Oil Split Approaches A Boiling Point Although Venezuela has long been one of the U.S.’s top four foreign suppliers of crude, relations between the two countries have grown quite acrimonious since the Bush administration’s tacit support of the failed coup against populist president Hugo Chavez in April of 2002. How the Bush administration […]

Oil Running Out

In 1956, a geologist with Shell Oil, M. King Hubbert, used a bell-shaped curve to correctly predict that oil from the lower 48 states in the US would peak around 1969, to be followed by irreversible decline. The term ‘peak oil’ has since been used to identify the point at which roughly half of all […]

The Food Bubble Economy

Global warming is happening; and at a much faster, more abrupt rate than projected by the International Panel on Climate Change . The news media have been filled with reports of heat waves, floods, droughts, hurricanes, accelerated melting of the polar ice caps and sea levels rising. And yet, they may be missing the most […]

US tries to remove climate change references in UN disaster talks

The United States, which opposes the Kyoto protocol on global warming, is trying to remove references to climate change in UN talks aimed at setting up a disaster early warning system, a US official said Wednesday.

The US has voiced objections to “multiple” references to climate change in drafting documents for the global conference in Kobe, Japan on disaster reduction, said Mark Lagon, deputy assistant secretary in the State Department bureau of international organization affairs.

www.politicalgateway.com

Ukraine: Oil politics and a mockery of democracy

The results of the third round of elections in Ukraine in which Viktor Yushchenko was proclaimed the final winner, far from being grounds for jubilation in Ukraine and beyond, ought to give concern for the future of Ukraine to many.

The recent battle over the election for president to succeed the pro-Moscow Leonid Kuchma in Ukraine was more complex than the general Western media accounts suggest.

www.atimes.com

Fast-growing Shanghai hit by power crunch and traffic

China’s richest city and commercial stronghold is expected to show slower economic growth this year as it grapples with power crunches, a property bubble and traffic snarls, Shanghai’s mayor said yesterday.

The city of 20 million – roughly the entire population of Australia – should nonetheless grow 11% and rack up its 14th year of double-digit expansion, mayor Han Zheng told an annual meeting of the city’s parliament.

www.thestar.com.my

Oil market set for robust and possibly volatile year: IEA

Global demand for oil will remain strong in 2005, led by China and Asian countries, the International Energy Agency (IEA) forecast on Tuesday, while warning that unexpected events could crimp supply. The agency also estimated that OPEC producers had so far cut production by about half of the one million barrels per day agreed from […]

Vermont Dairies Moo-ve to Adopt Renewable Energy

Cow Power Is ‘Moo-sic’ To Dairy Farmers’ Ears

BRIDGPORT, Vt. — You may have heard about “cow power” — a way for dairy farms to turn waste into a new source of energy for homes.

KIRO TV

Global impact of US economic woes

IT is a policy mistake to downplay, let alone ignore, the seriousness of the implications of the unsustainable current account deficit of the US, both within and without. The US current account deficit has continued to soar without respite in recent times, at the rate of roughly US$2bil a day, setting an all-time record close […]

Peak Oil and Cheney’s role in 911.

Simplifying The Case Against Cheney is a new article posted at www.fromthewilderness.com whch sumarizes the details Mike Ruppert published in his recent book Crossing the Rubicon indicating that Cheney played and active part in orchestrating the 911 responses to ensure that there were no effective countermeasures taken to forestall or defeat the attacks. According to […]

Pacific islands look to coconut oil as energy saviour

PORT LOUIS (AFP) – Struggling with rising oil prices, Pacific island nations are increasingly looking to coconut oil, long a basic foodstuff and massage lubricant, as an economically and ecologically sound petroleum alternative. YahooIt takes about five coconuts to make about a liter of fuel and the process is similar to that used to produce […]

Shortage of snow worries German Alpine resort

Global warming is more than just a theory to Germany’s most famous winter resort, where a worrisome shortage of snow in recent decades has forced the Alpine village to reinvent itself.

Garmisch-Partenkirchen gained worldwide fame as the venue for the 1936 winter Olympics, but the picturesque town of 27,000 has now become more reliant on summer tourism because rain falls more often than snow in winter.

www.deccanherald.com

Go forth and multiply but then subtract, priest warns couples

GO forth and multiply can no longer be the message of the Church, an Irish priest has warned. Instead couples should limit themselves to no more than two or three children for the sake of the planet. unisonFr Sean McDonagh, a Columban missionary and expert on the environment, says that unless we reduce population growth […]

Dollar on the comeback trail

The dollar looks likely to continue its long-term decline in 2005,” said The Wall Street Journal on December 22 last. To be fair to the Journal, you could have read the same comments in almost every major financial publication across the globe in December. It represented an unbridled one-way sentiment extreme against the dollar. They were basically pronouncing the death of the dollar. Here is why I believe such a pronouncement is a gross exaggeration. And why we should be in the very early stage of a multi-month rally in the dollar.

www.atimes.com

Cuban Oil Drilling Could Put U.S. Embargo Over An Economic Barrel

Is Cuba on the verge of an oil bonanza that could pump financial life into Fidel Castro’s regime and soften U.S. trade policy toward the island?

If so, new U.S. Sen. Mel Martinez could find himself at the intersection of conflicting agendas – as a loyalist to President Bush, who draws support from energy interests as well as from anti-Castro Cubans, as a hard-line refugee who fled the dictatorship, and as a member of a Senate committee that weighs energy development against environmental protection.

www.cuba.tbo.com

Big Oil Companiess Slow New Exploration,OPEC To Dominate -Report

LONDON -(Dow Jones)- Major oil companies are replacing dwindling reserves by acquiring other oil companies instead of exploring for new fields, a strategic shift with implications for global oil supplies, investment bank Credit Suisse First Boston said in a report Monday. Big Oil Companiess Slow New Exploration,OPEC To Dominate -Report 01-17 05:05: Big Oil Cos […]

Saudi Arabia Posts Record Oil Sales on Higher Prices

Saudi oil output averaged 9 million barrels a day at $35 a barrel, up from $27 a barrel in 2003, Samba Financial, the country’s second-largest bank, said in a report e-mailed to Bloomberg yesterday. The government, which gets three-quarters its revenue from oil, had a $26.1 billion budget surplus after projecting a deficit of $8 billion a year ago, the bank said.

bloomberg

IEA worries despite slower oil demand growth outlook

The energy security watchdog, in its monthly oil market report, posed the question whether producers would be able to cope if demand growth again confounded expectations, exceeding industry forecasts.

FT

« Previous Page — Next Page »

LATEST NEWS HEADLINES

• Why the IEA is Wrong About Peak Oil Demand
• Did we inadvertently speed global warming?  
• Venezuela’s Oil Monopoly Eases
• Why Germany is Choosing Natural Gas Over Nuclear Power
• U.S. coal-fired electricity generation decreased in 2022 and 2023

• America Cracks Down on Methane Emissions from Oil and Gas Facilities
• Meet America’s Newest Oil Trader Extraordinaire: Joe Biden
• Is It Time To Refill America’s Strategic Petroleum Reserve?
• Oil prices set to end year 10% lower as demand concerns snap winning streak
• What’s Driving America’s New Oil and Gas Boom?
• China’s peak oil demand bombshell eviscerates Danielle Smith’s energy strategy