Sun, wind for energy: first draft of new law is ready

Solar heating to be made mandatory in cities by 2012, solar rooftop lighting in 10,000 government buildings by 2010, solar heating in industries, wind-powered systems to generate 25 KW. These are among the radical reforms towards what President A P J Kalam called ‘‘energy independence,’’ contained in the first draft of a renewable energy law […]

Since 9/11: Oil-rich Arab nations booming

In the United States, the Sept. 11, 2001, attacks are seen as the catalyst for a period of fear, war and economic worry. But in the oil-rich Arab countries of the Persian Gulf, Sept. 11 is increasingly viewed as the event that kicked off a galloping economic boom, when Arabs divested from America and reinvested […]

World energy shortage threatening Asian expansion

Oil’s surging price threatens with slowing Asia’s economic expansion, whose strong demand for crude is precisely one of the main reasons for the ballooning of crude, said International Monetary Fund Managing Director Rodrigo Rato. “Growth in Asia is really impressive. But there are risks and the main risk at this moment for Asia is the […]

”Renewable energy to power 25000 villages by 2012”

Making a case for the benefits to be derived by the use of renewable sources of energy, Vilas Muttemwar, the Minister of State (Independent Charge) for Non-Conventional Energy Sources, predicted on Thursday that at least 25,000 Indian villages would be powered by renewable energy by the year 2012.…Lisiting the priorities of his ministry, he further […]

Fuel prices hit drivers globally

Around the world, drivers have been resorting to some extreme measures to fight high oil prices. ..But all consumers are not created equal when it comes to oil prices… In Europe, petrol has long been pricier than in the US because of high taxes used to fund government projects and encourage people to use buses […]

Fuel cell solution may come from Finland

Gov. Arnold Schwarzenegger wants a “hydrogen highway” in California, with fuel celled cars and trucks running around this state and refueling as easily as gasoline-driven vehicles can now. …In a way, this technology is where mobile telephones were 20 years ago, when car phones usually required a large apparatus stored in the trunk and most […]

NYT: Energy Prices Hit Americans on All Fronts

It might still be 80 degrees outside but, four months before the first days of winter, many Americans are already facing the prospect of keeping warm while having to stay within their budget. Instead of the short spike in energy prices that most expected, it now appears that a variety of high energy bills – […]

The Statue of Liberty Powered By Wind??

A while ago, Peak Oil NYC suggested that maybe the Statue of Liberty should be run on wind power. More concretely, he thinks GE should take some of their new-found ecomagination and volunteer a wind turbine for the project. He sent them a letter, and while he hasn’t gotten a response yet, he’s noticed new […]

Calif Sets Aggressive Goals to Reduce Electricity Usage

The California Public Utilities Commission agreed Thursday to more aggressively pursue the reduction of electricity consumption. Starting next year, utilities will be required to fund energy efficiency programs on an equal footing with building new power plants, according to a revised “Energy Action Plan,” which was developed with the state’s energy commission. By December, the […]

Rolling Blackouts Cut Power in California

High temperatures and the loss of a key transmission line Thursday forced power officials in Southern California to impose rolling blackouts, leaving as many as half a million people without power for an hour at a time, officials said. The California Independent System Operator, which operates the electric grid in California, declared a Stage 3 […]

Losses triple for Swiss airline

Losses at Swiss International Airlines have tripled as sky-high fuel prices hurt its finances. The airline, which was formed after the collapse of Swissair in 2001, agreed to a takeover by German airline Lufthansa in March. Its loss for the six months to June 2005 was 89m Swiss francs (BBC

Ethanol Is Cheaper, Industry Study Says

A new pilot-scale study on ethanol fuel efficiency suggests improved fuel costs for cars at 10, 20 and 30 percent of ethanol in petroleum. The American Coalition for Ethanol, holding its 18th annual convention and trade show in Omaha, unveiled the results of a commissioned pilot study. … ACE commissioned the study to collect data […]

Another Blow to the Pseudo-Science of Global Warming Skeptics

In a serious blow to the already discredited arguments made against climate change by global warming skeptics, a new analysis of satellite data confirms that the earth is warming at a rate consistent with that projected by climate models, and far faster than the skeptics previously acknowledged. …Now, it turns out that the skeptic’s manipulation […]

The Oil Drum: More Drilling Talk from Heading Out

Heading Out continues his series on drilling and technology: But for now I would like to return to our little drill, just as it drills down into the rock that is carrying the oil. It would nice, once the drill hits the oil-bearing rock, to say that you were done. That having connected the feed […]

The End of Cheap Oil?

Crude prices are unlikely to fall below $50 per barrel in 2006, the Center for Global Energy Studies, or CGES, said Tuesday in its latest monthly oil report. The report forecasts that prices may continue to hover over $60 per barrel, until at least the second quarter of 2006. Investment banks predict oil prices may […]

France facing a tidal wave of protest

France could face its worst period of social unrest for a decade, analysts and commentators warned, as Dominique de Villepin’s centre-right government returns today from its summer break. With petrol prices soaring, economic growth hesitant, trade unions furious, public confidence in the country and its political leaders at rock-bottom and a string of unpopular reforms […]

ONGC team leaves for Russia to salvage deal

The ONGC brass has left for Russia to get Lukoil to use its preemption rights on sale of PetroKazakhstan to CNPC of China. Lukoil is RussiaFinancialExpress

How Iran’s oil bourse could kill the Dollar.

Could the proposed Iranian oil bourse (IOB) become the catalyst for a significant blow to the influential position the US dollar enjoys? Manifold supply fears have driven the price of crude oil to its recent high of US$67.10 – only a notch below its highest price in inflation-adjusted dollar terms. With the world facing a […]

Surging oil price forces bosses to wield axe

There was a sharp jump in the price of oil yesterday, as the CBI said British factories had slumped because of high energy prices. The employers body said it was “energy, not wages” that is biting into manufacturers, who are firing 20,000 to 25,000 staff every three months.

Tunisia expects granting more than 12 oil, gas exploration licenses in 2005

Tunisian Minister of Industry, Energy, Small and Medium Size Enterprises Afif Chelbi, on Wednesday, expected a number of exploration licenses for oil and other fuel resources in Tunisia would exceed 12 by the end of 2005, registering a new Tunisian record.In a press conference held today, Chelbi said that he approved six gas and oil […]

Fighting between Shias on eve of crucial Iraq vote

Shia groups have been fighting each other in southern Iraq on the eve of attempts to secure an historic draft constitution. Supporters of Moqtada al-Sadr’s Mehdi Army – which is opposed to the US-backed charter – were involved in clashes with rival groups in the southern city of Amara, near Basra. Telegraph

Trinational Elites Map North American Future in ”NAFTA Plus”

NAFTA (North American Free Trade Agreement) has been in effect almost 12 years and a new stage, NAFTA Plus, is in the works, referred to as

Call for intensifying oil exploration in Iran

 An oil industry official said that the country has a huge potential to undertake new oil exploration projects, stressing that Azadegan and Yadavaran oilfields were discovered at a time when no one believed there would be such huge hydrocarbon reserves in the country. Mohammad Reza Kamali, who heads the Oil Industry Research Center?s Department for […]

Indonesia cuts oil output forecast

Indonesia, South-East Asia

GOP Fears Gas Price Anger May Spill Over

As consumers feel pain at the pump, record high gas prices are registering as a political problem with congressional Republicans. At a town hall meeting this week, Rep. Jack Kingston (R-Ga.) wanted to talk about Social Security and Medicare, but the session quickly turned to gas prices.Los Angeles Times via Yahoo! News

$70 oil prices in sight

OIL prices neared 68 dollars a barrel in Asian trade Thursday as a tropical storm threatened production platforms and refineries in the US Gulf Coast, dealers said.Lower-than-expected gasoline inventory levels in the United States heightened concerns over supplies and helped push prices higher, they said, adding it may only be a matter of time before […]

Gas and dirty laundry: An extra 25 cents

Laundry equipment supplier Coinmach says it needs the extra quarter to offset higher utility costs. NEW YORK (CNN/Money) – Cost of dirty laundry: An extra 25 cents for an average load in a Coinmach machine in one New York City neighborhood. Plainview, New York-based Coinmach (Research), the nation’s largest supplier of coin- and card-operated laundry […]

Gas gripes: readers speak up

Readers weigh in on how rising prices at the pump have taken a toll on their lives. …A new thief in town…”Recently I received a call from my credit card company to report a number of fraudulent charges. Can you guess what the thieves charged? Gasoline, of course! Go figure!” Extreme measures…? “I’ve had to […]

The Oil Drum: The Saudi Systempunkt

Today I blog a piece by John Robb over at Global Guerrillas on the lack of security with regard to oil supply in Saudi Arabia and around the world. John Robb had said in his entry: “The defense of energy infrastructure against well orchestrated systems sabotage will continue to be ineffective. Even if plans for […]

Paradise! Hawaii Caps Gas Prices

Some analysts warn move may spur supply problems HONOLULU – In an effort to gain some control over what motorists pay at the pump, Hawaii on Wednesday became the first state in the U.S. to set caps on the wholesale price of gasoline. The 2004 law authorizing the caps was intended to force Hawaii’s two […]

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