To track global warming, watch the water flow

Say “climate change” and people tend to think global warming. But we also should think about water, specifically, the cycle of precipitation, evaporation, and river flow that is a key climate component. A little decline here, a little boost there, can have direct effects on how we live our lives.

Global Warming Kills Species, Endangers Humans – Scientists

Global warming may now be the largest cause of soaring rates of species extinctions, which threaten the global ecosystems that sustain life on Earth, scientists say. The rapidly warming polar regions are a prime example, said Jeffrey McNeely, chief scientist for IUCN-the World Conservation Union (IUCN). The melting ice and permafrost are changing the habitat […]

High fuel prices not forcing US drivers off roads

The Memorial Day holiday on May 30 marks the start of the US summer driving season, when Americans take to the roads for short breaks or annual vacations High petrol prices have not deterred the enthusiasm for one of the favourite pastimes in the US: driving. AAA, the US motoring and travel group, predicts record […]

What Happens When the Oil Runs Out?

What happens when the oil runs out? If that seems like a far-fetched nightmare, you’d better put on your seatbelt. More and more, the experts are saying not only are we about to reach our peak in worldwide oil production, but some real conflicts — including war — could be on the horizon as we […]

Anderson fears for oil reserves (Australia)

Deputy Prime Minister John Anderson believes high fuel prices reflect the inevitable decline in the world’s oil and gas reserves. He expressed deep concern about the long-term future of oil and says fuel prices will have to be high enough to encourage more exploration.

Wind farms ‘must take root in UK’

Wind power must be made to work in the UK in order to combat climate change, a report by the Sustainable Development Commission (SDC) has said. The report maintains it is possible to meet the government’s target to have renewables provide 10% of the UK’s electricity by 2010

Report backs natural gas energy-efficiency standards

If Congress demanded energy-efficiency standards in homes and businesses using natural gas, then: Demand would drop. Pressure to drill in the Rocky Mountain West would ease. Consumers would save billions of dollars as prices dropped in response to reduced demand.

U.S. Crude Stockpile at Highest Level in 6 Years

U.S. crude oil supplies rose sharply last week as imports flooded the nation’s ports, adding to the highest stockpile levels in nearly six years, the U.S. government said in a report released Wednesday. Oil prices fell to a three-month low near $47 a barrel.

Crude Prices Up on Mixed Signals from OPEC

The Energy Department said Thursday that U.S. refiners ran at 94 percent capacity, up from 91.8 percent a week ago. With refiners approaching peak capacity, analysts worry that the facilities may not be able to cope when demand, especially for gasoline, rises in summer.E-Commerce News

Quoted Pearls on Energy

My greatest fear is that the USGovt and US Fed will actively pursue and promote a recession in order to prevent ongoing energy demand from creating a series of oil price spikes. Recession uses less oil than war!!! Somewhere wisdom might be purported that war is useful at the supply source, but recession or economic […]

TIPPING POINTS:leading to a fall

Economists are calling it a

Decision on Iran-India gas pipeline by year-end: Aziz

Pakistan Prime Minister Shaukat Aziz has said that a  final decision will be taken by Dec 31 on the gas pipeline project from Iran to  India passing through Pakistan. “December 31 is the deadline for a decision on gas pipeline project,” The  News quoted him as saying. He said Pakistan was weighing three options to […]

Ukraine’s government provokes oil crisis, shuffling off blame on Russia

Ukraine’s President Viktor Yushchenko has issued a decree blaming the government which provoked a fuel crisis in the country, by trying to fix petrol prices. Yushchenko said he gave the economics ministry a week to remove a petrol price freeze

His mission: Seek and ye shall find oil

John Brown believes he’ll find oil in central Israel, although he has no scientific data or particular experience in the drilling business on which to base that. The Dallas native is a relative novice in the energy industry. He says he’ll find oil because his reading of the Bible tells him it’s right here

Oil hunt: India, China to join hands

The ministry of petroleum and natural gas is giving final touches to a strategy paper on India-China cooperation in the hydrocarbon sector. The essence of this paper is to encourage cooperation in place of competition between the two sides. # With India and China being principal importing countries, both are pursuing similar policies and strategies […]

Half of humanity set to go urban

“Psychologically it is an important step for mankind,” Hania Zlotnik, director of the United Nations Population Division, told the BBC. There are concerns that, in developing countries, basic provisions in cities will lag behind population growth. Observers will see increased pressure placed on resources and services as humankind becomes an urban species. “It’s an increasing trend that is becoming more obvious. People do not realise how rural the world was until recently. That is changing,” Zlotnik said. BBC

Big rise in Air France-KLM profit

Airline group Air France-KLM has announced a 20% rise in annual profits, despite the impact of high oil prices. Net profit for the year to March was 351m euros (More at the BBC.

Russian Expert Predicts Oil Prices of $80 Per Barrel by August

World oil price could grow to $80-100 per barrel by late August, Vasily Petrov, an expert from the Russian Center of Strategic Developments said on Friday, May 20. The current price decline that has hit the market is a logical process and a prerequisite for a new upsurge, the expert said.

MosNews

Air travel mars UK’s green strategy

Greenhouse gas emissions from UK air travel has doubled in 13 years, damaging the government’s claims to be a world leader in reducing carbon dioxide emissions. Figures from the Office of National Statistics published yesterday show that total UK greenhouse gas emissions fell by 8.1% between 1990 and 2003, considerably less than the 13.4% fall […]

India to Face Wheat Shortage Soon

India may become a wheat importing country with a lower than expected output forecast for this year at a time when domestic consumption has already outpaced production, a commodity expert said on Tuesday. “India is likely to become a wheat importing nation by the end of this year,” Cargill India president Hardeep Singh said at […]

GE Sees Substantial Growth in Wind Power Business

GE Energy, a business unit of the General Electric Company (GE), announced that it expects its 2005 revenues for wind energy to exceed $2 billion, a 300 percent increase over 2002, its first year of wind energy operations.FMLink

Iraqi Oil Official, 23 Others Killed

Gunmen killed an Oil Ministry official on Thursday and escalating violence claimed at least 24 more lives, fueling fears Iraq may be moving toward civil war. The oil official, Ali Hameed, was shot outside his home, police said. Insurgents have assassinated dozens of government officials in Baghdad over the past two years.ABC News

Fairchild International Corp. Almost Unlimited Inexpensive Natural Gas

No airborne emissions from inexpensive process that creates gas from biomass, waste wood, and low-grade coal. SynGas has completed development of its synthetic, low-cost, natural gas production technology. Fairchild International Corporation (OTCBB:FCHL), the holding company for SynGas, is encouraged by the preliminary test results. The prototype model has already been successfully tested using a number […]

Fuel costs to slam airlines in 2005

“We are projecting additional losses of at least $5 billion in 2005,” said James May, president of the Air Transport Association. “If oil stays high and our taxes with it, I expect more jobs lost, more flights cut and more airlines in crisis.” Testifying before a House subcommittee looking at the impact of high energy […]

Prepare for the Late, Late Oil Age

I RECENTLY had the pleasure of accompanying US author Richard Heinberg on a lecture tour of SA, focusing on his contention that the global peak in oil extraction is very close and significant. Although he is a genial man with a good sense of humour, his message is sobering. He readily acknowledges that his thesis […]

Gas Expected to Fill Big Share of Energy-Market Growth

Natural gas is “well positioned” to capture nearly a third of all energy-market growth by 2020, said Alex Dodds, managing director of Ras Laffan LNG Co. Ltd (RasGas II) of Qatar at a May 12 industry meeting in Singapore. Growing demand for natural gas “will outpace the ability of many regions to source their supplies […]

Nigeria Oil Advisor Calls On OPEC To Cut Overproduction

Nigeria’s presidential advisor for energy affairs Thursday called on the Organization Of Petroleum Exporting Countries to cut back overproduction in order to prevent oil prices from crashing. Speaking to Dow Jones Newswires by telephone, Edmund Daukoru said, “This ( price) dip is a signal that members should cut their overproduction. I am calling for better […]

Oil Up as OPEC Says Could Ease Supply Surge

Prices rose as OPEC’s President Sheikh Ahmad al-Fahd al-Sabah of Kuwait said the group could rein in supplies above its formal limits if global oil inventories pile up too quickly. “If the stockbuild is above the agreed-upon levels, which is the five year average, then this may be the start of reducing the overproduction.” He […]

Oil production in Russia

Oil and gas condensate production grew 3.4 percent in the January to April period of 2005 and hit 152m tons, the Russian Federal Statistics Service (Rosstat) has reported. Oil production shrank at a 3.4-percent monthly rate in April and advanced 3 percent from a year earlier. In 2004, oil and gas condensate production rose 8.9 percent to 458.808m tons.

RosBusinessConsulting

Senate rejects better mileage for gas guzzlers

WASHINGTON (Reuters) – The Senate Energy Committee on Wednesday rejected a Democratic plan to require sport utility vehicles and minivans to become more fuel efficient and achieve the same gasoline mileage as passenger cars in six years. Under the failed proposal, SUVs and other light trucks would have to meet the same 27.5 mile-per-gallon rule […]

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