Global Warming May Give Boost to Nuclear Power

Several of the nation’s most prominent environmentalists have gone public with the message that nuclear power, long taboo among environmental advocates, should be reconsidered as a remedy for global warming. Their numbers are still small, but they represent growing cracks in what had been a virtually solid wall of opposition to nuclear power among most […]

Ultra-Clean Coal to Power a Greener Future

Engineers in Nottingham are developing ultra-clean coal that could make power generation 50% more efficient and reduce carbon dioxide emissions by a third. A team at The University of Nottingham is one of only two in the world working on ground-breaking techniques to purify one of the worldPhysOrg

Oil Refineries An Idea For Closed Bases – White House

U.S. President George W. Bush would like energy companies and U.S. communities facing military base closings to consider the sites for new oil refineries, White House spokesman Scott McClellan said answering a question at a regular press briefing Friday. “The president did propose that as an option for military bases that have been closed, and […]

Reading Between the Lines in Crawford, Texas

To his credit, President Bush went to the mat last week to try to pressure Saudi Arabia to commit to an immediate increase in oil production, by publicly expressing skepticism as to whether the Saudis were doing everything they could to moderate prices. After this MondayEnergyPulse

U.S. Carriers Raise Fares by $10 to $20

By BRAD FOSS, AP Business Writer Sat May 14,12:28 AM ET In an effort to stem huge losses, the big U.S. airlines increased their domestic ticket prices heading into the weekend by $10 to $20 roundtrip, depending on the length of the flight. Stung by high fuel prices, the industry has attempted to raise fares […]

Bush Wants New ‘Strategy’ to Ease U.S. Dependence on Foreign Oil

In his weekly radio address, Bush said that next week, officials will “discuss our need for a comprehensive national energy strategy that reduces our dependence on foreign oil.” “This strategy will encourage more efficient technologies, make the most of our existing resources, help global energy consumers like China and India reduce their own use of […]

The Petroleum Party is Over, But Don’t Turn Out the Lights Yet

Kunstler begins by announcing that the great petroleum party is over. The depletion of oil and natural gas resources on this continent has been well documented by many geologists and social critics, including Kenneth Deffeyes, Julian Darley, Walter Youngquist and Alfred Bartlett. But Kunstler adds some twists of his own. He notes that cheap oil […]

North Sea Oil Production Continues Decline

Oil production from the British sector of the North Sea continued its decline in February, falling by 13 per cent compared with the same month last year. According to the latest monthly index from the Royal Bank of Scotland, oil production was down to an average of just over 1.7 million barrels per day (mbpd) […]

Ukrainian PM Blames Russia for Oil Woes

Prime Minister Yulia Tymoshenko on Saturday accused Russia of suspending oil deliveries to Ukraine, and gas stations throughout this ex-Soviet republic began running out of fuel. “Oil deliveries to Ukraine are being deliberately stopped even though all contracts have been paid for,” Tymoshenko said after a Cabinet meeting Saturday. Forbes

Kuwaiti Oil Refining Capacity to Reach 1.2 Million BPD by 2010

A senior Kuwaiti oil official predicted the country’s oil refining capacity will be 1.2 million barrels per day (bpd) by 2010, the Kuwait News Agency reported Saturday.People’s Daily Online

Water for Oil?

In New Mexico, pure underground water always trumps the dangers of exploring for oil and gas. An arid state, stricken by regular but unpredictable droughts, New Mexico has often found itself indifferent to the contamination of precious aquifers in the name of economic development. The tragedy, of course, is that once groundwater is polluted in […]

Conservative Budgets Still Rule at Oil Firms Despite High Prices

Oil companies in Houston and worldwide banked big profits for the first quarter of 2005, thanks to record high oil prices that have neared $60 a barrel. But most of the companies actually produced less oil during the quarter this year than last. That’s because most industry firms are not plowing their profits into finding […]

After the Oil is Gone

Suburbs will collapse into slums. Farmhand will be a more viable career choice than public relations executive. And avoiding starvation will replace avoiding boredom as the national pastime. Those are just a few of the predictions that James Howard Kunstler makes in his new book. “The Long Emergency” paints a dystopic view of the United […]

US Drilling Declines for Fourth Straight Week

US drilling activity fell for the fourth consecutive week, down by 16 to 1,308 rotary rigs working, Baker Hughes Inc. said May 13.Oil & Gas Journal

U.S. Energy Secretary Told of Concerns About Low-Quality Oil Data

Energy consultant Matt Simmons likened the EIA to a “31-year-old house that hadn’t been remodeled” and said the agency relied on outdated computer programs and economic modeling systems. “The ability for technology to capture good data has come out but we have kept the old system in place,” Simmons said. Simmons cited a shortage of […]

Italy Sent Troops to Iraq to Secure Oil Deal: Report

Italian troops were sent to Iraq to secure oil deals worth 300 billion dollars, and not just for post-war humanitarian purposes, an Italian television report by RAI claimed on Friday. …. According to Benito Livigni, a former manager of ENI and the United StatesKhaleej Times

Light Sweet Crude Makes Nice Sweet Drop

Light sweet crude dropped briefly below the $48 mark to 47.95 before heading back up $48.20 this morning. Brent North Sea crude is up 12 cents in London to $48.40 a barrel and gasoline futures down slightly at just over a penny a gallon. Supply and demand may finally be bellying up to the bar […]

No Oil for Statoil in Barents Sea Well

A closely watched wildcat exploration well in Arctic waters that Norway hopes will be its new oil frontier turned out to be another disappointment, the national petroleum agency said Friday. Norway, with a capacity of about 3.2 million barrels of oil per day, needs to find more oil to shore up for declining production from […]

Norway Trims 2005 Petroleum Forecast

Norway trimmed its forecast for total 2005 oil and gas production to match the 2004 level but said on Friday that output would grow through 2008 due to rising gas volumes.Aftenposten

Aubie Baltin: The Obvious Is Obviously Wrong – What Peak oil?

The constant Bleating of “the coming oil shortage” has been around for `more than 30 years, so when will it be here? Most either remember and/or have read about the, around the block lines at the gas pumps in 1973-74 ad absurdum.

fiendbear

Joe Bageant: ‘Chewing raw grubs with the ‘Nutcracker Man”

Anyway, I came away from the meeting deeply struck by one thing. Every person there seemed to understand and acknowledge the coming global human “die-off.” The one that has already begun in places like Africa and will grow into a global event sometime within our lifetimes and/or those of our children. The one that will […]

Not So Peak Oil

The April 30 edition of The Economist had a fantastic summation of the arguments for and against imminent peak oil. Some excerpts: The United States Geological Survey did a comprehensive study in 2000 and concluded that such a peak was at least two decades off. The IEA broadly concurs, arguing that oil supplies will not […]

With Eye On Oil Oversupply, OPEC Mulls Next Move

(Dow Jones Commodities News via Comtex) Fickle crude oil prices are forcing the Organization of Petroleum Exporting Countries to keep its options on production policy open ahead of a meeting next month, although the group appears to be increasingly voicing its concerns about oversupply.

RigZone

Oil Peak? Uh-Oh

As the world faces the imminent “global peak” in oil production

Today’s Prophetic Noahs and Paul Reveres Sound Alarms

The prophet Noah talked to people about changing their ways. They ignored him. Noah built an ark, gathered his family and hosted animals to join them. They survived and rebuilt civilization after the flood. Those who ignored Noah’s warning and continued their destruction perished. We live in mythic times. “The British are coming!” Paul Revere […]

Global Economic Growth Strains Earth’s Vital Signs

The world is producing Environment News Service

Iran Plays Down IEA Talk of Falling Crude Oil Exports

Iranian oil officials dismissed findings by the International Energy Agency Wednesday suggesting their crude exports had recently fallen to their lowest level in two years. “As was the case for February, (Iranian) export data came in lower than anticipated, and at 2.35 million barrels-a-day these were the lowest in almost two years,” the energy watchdog […]

The 40-Year Crash Cycle

Come to find out that while the unwashed masses, which includes most of us, are lulled into a false sense of security and optimism about the steady rise of the economy, of the availability of jobs and growth of real estate values, it is commonly understood among mainstream economists and financial analysts that a long […]

Qatar to revolutionise diesel market

Qatar is all set to revolutionaise the energy world with a new process that will use cobalt to turn natural gas into powerful, clean-burning diesel fuel, petroleum experts have said.

Al Jazeerah

The Congressman’s Letter & Other Moral Miseries

Did I tell you about my friend Cassandra? yeah, like the prophetess! The one that was condemned by a rejected lover to foretell the future but not to be believed… She writes these things from time to time, when things that happen in the world make her mad. It’s like spitting, she says, because she earns her life writing, but can’t afford to write things like this rant, worth reading!

The Congressman’s Letter & Other Moral Miseries

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