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News from April 2005

OIL – JUST KISS YOUR LIFESTYLE GOODBYE!

OIL – JUST KISS YOUR LIFESTYLE GOODBYE! thumbnail

Almost embarrased to admit it, I work for a DOE Nat’l Lab and spend a great deal of time reviewing DOE, IEA, USGS, and the majors reports on reserves, replacement, exploration, ODAC, ASPO, Matthew Simmons, and DOE hydrogen (sick joke) research. I have friends in petrogeology and natural gas production and exploration with the majors, […]


Scientists overcome ‘fermentation barrier’

Scientists overcome ‘fermentation barrier’ thumbnail

“Basically, we use the same microbial fuel cell we developed to clean waste water and produce electricity. However, to produce hydrogen, we keep oxygen out of the microbial fuel cell and add a small amount of power into the system,” said Bruce Logan, a professor who led the study.

NewWind Press


China to use renewable energy to avoid over-dependence on imports

China to use renewable energy to avoid over-dependence on imports thumbnail

Sat Apr 23, 1:37 PM ET BOAO, China (AFP) – China sought to reassure the region over its voracious economy, saying that it intended to avoid over-dependence on imported energy by 2020 through increased use of domestic renewable sources. “Now China’s economic development is very fast, but it will by no means lead to strained […]


Gas prices prompt mass transit use

Gas prices prompt mass transit use thumbnail

Saturday, April 23, 2005 Posted: 4:43 PM EDT (2043 GMT) CLEVELAND, Ohio (AP) — High gasoline prices are turning some drivers into riders, say public transit authorities in several states. It’s a trend that Joe Calabrese, general manager of the Greater Cleveland Regional Transit Authority, expects to continue as long as a gallon of gas […]


High Gas Prices Fuel Public Transit Use

High Gas Prices Fuel Public Transit Use thumbnail

High gasoline prices are turning some drivers into riders, say public transit authorities in several states. It’s a trend that Joe Calabrese, general manager of the Greater Cleveland Regional Transit Authority, expects to continue as long as a gallon of gas remains about $2. “I know there are people on the bus today that weren’t […]


China to Control its Reliance on Oil Imports

China to Control its Reliance on Oil Imports thumbnail

With looming challenges in energy resource management, China will lower its reliance on oil imports to around 35 percent by 2020, and seek to maintain it at that level, said Wang Tao, senior vice-president of the World Petroleum Congress (WPC), in Boao, South China’s Hainan Province Friday.With looming challenges in energy resource management, China will […]


Matters of survival in a ’shattered world’

Matters of survival in a ’shattered world’ thumbnail

To me, a hope is that we are going to hit peak oil [when oil resources begin to decline] — and some geologists say we already hit it last year. The business community is now starting to take this very seriously. The first thing to happen would be the big-box stores, like Home Depot and […]


Production theory could make $100 oil a reality

Production theory could make $100 oil a reality thumbnail

Henry Groppe has oil charts going back to the mid-1850s, more than a decade before John Rockefeller started Standard Oil, and a lifetime before the first Model-T rolled out of Henry Ford’s factory. The joke is that Mr. Groppe is not so much a fan of such history as a witness to it. He is […]


NEW SEMINAR PREDICTS

NEW SEMINAR PREDICTS thumbnail

‘Peak oil

‘Peak oil thumbnail

Meanwhile, in Anchorage, some local environmentalists gathered at the University of Alaska library to discuss the worldKTUU


CNOOC president, China to speed up LNG development

CNOOC president, China to speed up LNG development thumbnail

President of China National Offshore Oil Corporation (CNOOC) Fu Chengyu said here Saturday that China needs to incorporate natural gas expansion into the fundamentals of energy strategy in order to alleviate environmental pressure, relieve energy security concerns and improve energy efficiency. At one sideline of the Boao Forum for Asia 2005 annual conference, Fu estimated […]


Your investment here is safe, Putin tells BP

Your investment here is safe, Putin tells BP thumbnail

Russian President Vladimir Putin yesterday assured BP chairman Lord Browne of Madingley that the oil producer’s


Is work in Iraq worth the risk? Halliburton reconsidering its $1.2 billion oil f

Is work in Iraq worth the risk? Halliburton reconsidering its $1.2 billion oil f thumbnail

Halliburton Co. is reconsidering whether its contract to rebuild southern Iraq’s oil industry is worth all the risks involved. Last year, the U.S. Army Corps of Engineers awarded the Houston-based oil field service giant an assignment HoustonChronicle


The Big Picture

The Big Picture thumbnail

This past month the performance of the stock and bond market was


THE DAY AFTER TOMORROW what was, what is and what will be. Part 2

THE DAY AFTER TOMORROW what was, what is and what will be. Part 2 thumbnail

Things could have been better, but they could have been worse. The way John Wheeler looked at his circumstances, the Wheeler household had come out on top in 2004. John was uncomfortable with the amount of debt they had taken on in furnishing their new house with the furniture, spa and patio addition. It was […]


Nuclear power? Yes please, says Blair

Nuclear power? Yes please, says Blair thumbnail

Downing Street is drawing up secret plans to create a new generation of nuclear power stations as the centrepiece of the Government’s drive to combat climate change. Tony Blair wants to avoid discussing the issue until after the election and the No 10 review of Britain’s energy needs is not mentioned in the manifesto. But […]


Full-page Peak Oil article on Singapore newspaper

Full-page Peak Oil article on Singapore newspaper thumbnail

Peak Oil turned up on a Singapore newspaper today. The newspaper, incidentally, is called “Today” and has a circulation of 300,000 copies daily. It is a re-print of the Guardian article (“The end of oil is closer than you think”) first published on 21 Apr 2005.

text link : http://www.todayonline.com/articles/46736.asp
pdf link : http://www.todayonline.com/pdf_open.asp?id=2304WLW008
guardian article : http://www.guardian.co.uk/life/feature/story/0,13026,1464050,00.html


Antarctic Survey Shows Widespread Glacial Retreat

Antarctic Survey Shows Widespread Glacial Retreat thumbnail

The retreat has occurred at a discontinous rate over the past half century. According to the report, the past five years have seen the quickest recoil, with glaciers moving back about 50 meters annually, faster than any other time period since 1955.


Oil-Hungry China Takes Sudan Under Its Wing

Oil-Hungry China Takes Sudan Under Its Wing thumbnail

Almost unnoticed by the outside world, China has become the key player in Sudan’s oil industry. Beijing has invested A metallic maze of chimneys, pipes and vents glitters on the horizon in the desert outside Khartoum, dominating the landscape for miles around. This new oil refinery is the jewel in the crown of Sudan’s military […]


THE GOLD, OIL AND US DOLLAR RELATIONSHIP

THE GOLD, OIL AND US DOLLAR RELATIONSHIP thumbnail

Generally speaking, an increasing oil price results in increasing inflation, negatively impacting the global economy, particularly oil-dependent economies such as the US. Apart from increased transportation, heating and utility costs, higher oil prices are eventually reflected in virtually every finished product, as well as food and commodities in general. Furthermore, there is evidence that global […]


Rep. Roscoe Bartlett and Roger Diwan discuss peak oil on an E&ETV

Rep. Roscoe Bartlett and Roger Diwan discuss peak oil on an E&ETV thumbnail

{transcript} Colin Sullivan: Welcome to OnPoint. I’m Colin Sullivan. With us today is Roger Diwan, and oil markets expert at PFC Energy, and Congressman Roscoe Bartlett, Republican from Maryland. Our subject today is peak oil and whether or not the world is running out of cheap oil and what effect that might have on the […]


Analysis: Blood for Oil ?

Analysis: Blood for Oil ? thumbnail

For all the talk lately about the emergence of a post-industrial economy


Carbon Nanotubes could improve Power Transmission Wires

Carbon Nanotubes could improve Power Transmission Wires thumbnail

Boffins can’t mass produce ‘em yet, and we don’t know if they are an environmental toxin, but a configuration of carbon nanotubes can carry current at ‘room temp’ and low resistance. Not superconductor no-resistance, but low. Really low. SmalleyMIT’s Tech Review


Bush: ‘I’m worried about gasoline prices’

Bush: ‘I’m worried about gasoline prices’ thumbnail

CNBC’s Ron Insana sat down with President Bush for an exclusive interview on topics including Social Security, personal savings accounts, the stock market, budget deficit, Medicare, oil prices, the dollar, international trade, and terror. Here is a transcript of that interview. {Note: the energy related questions start on page 5.}msnbc


HUGO CHAVEZ: Uses oil windfall for weapons to fight ‘U.S. imperialism’

HUGO CHAVEZ: Uses oil windfall for weapons to fight ‘U.S. imperialism’ thumbnail

On Sunday, Chavez told supporters and reserve volunteers he is working to increase Venezuela’s capacity to defend against “any internal or external threat.” He said countries such as Cuba, Panama, Grenada, Guatemala and Nicaragua “have felt the hand of the imperialist aggressor.”

“Venezuela is not preparing to attack or threaten anyone, but make no mistake with Venezuela. Don’t come mess with Venezuela,” he said.

Union Leader


President Bush voices concern over Saudi oil production capacity

President Bush voices concern over Saudi oil production capacity thumbnail

Mr Bush voiced concerns this week about Saudi Arabian production and the country’s ability to increase output in the event of a severe supply disruption. His comments are the most vocal since he became president, and mark a departure from protocol by a US president about the world’s biggest oil exporter, and former special friend. […]


Inevitable oil squeeze draws near

Inevitable oil squeeze draws near thumbnail

Already, production in Britain, Norway, and 16 other major oil-producing nations is slipping, analysts say. Now comes a report that the world’s biggest oil field – Gharwar in Saudi Arabia – has started to decline.

CS Monitor


Susilo Wants Asia, Africa to Lead Energy Revolution

Susilo Wants Asia, Africa to Lead Energy Revolution thumbnail

Speaking before the upcoming Asian-African Summit, Indonesian President Susilo Bambang Yudhoyono called on leaders from the two continents to initiate increased use of renewable energy. High investment costs and limited incentives make renewable energy a tough sell across the region. Yet as conventional energy resources decline, nations are increasingly engaged in conflict over resource-rich border […]


Hauliers threaten poll disruption

Hauliers threaten poll disruption thumbnail

Fuel tax protesters are threatening to disrupt the general election with a campaign of oil refinery blockades and go-slows starting on 3 May. The Fuel Lobby’s Andrew Spence said the action would go ahead if the government did not bring down tax on fuel. Hundreds of hauliers and farmers are to attend a meeting in […]


Oil Heads Above $55 a Barrel

Oil Heads Above $55 a Barrel thumbnail

Oil jumped back above $55 a barrel on Friday as traders said sustained demand and refinery outages could strain U.S. gasoline supplies ahead of peak summer motoring demand. U.S. light crude rose $1.50 to $55.70 a barrel, making a four-day rally that has added over $4 to prices


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