Forest Service Proposal Would Speed Up Grasslands Oil Drilling

BISMARCK, N.D. Environmental News Network

The Oil Drum: Physics in the Energy Economy

This is the first in an occasional series of posts on the role of physics, particularly energy, in the economy. I’ve noted that on several sides of the peak oil debate that there is a serious lack of literacy in basic physical theory. On the one hand, classical economics seems to have been developed with […]

Oil below $64 as demand growth slows

LONDON, Sept 12 – Oil prices slid below $64 a barrel on Monday as signs emerged of a slowdown in global demand growth. But the struggle to restart U.S. oilfields and refineries after Hurricane Katrina underpinned markets. MSN Money

Katrina spurs new debate on energy

Congress seen debating more stringent fuel-economy rules WASHINGTON – Hurricane Katrina has reopened a national debate on energy policy, generating new congressional support for more stringent automobile fuel economy requirements and a fresh push by the oil industry for drilling in areas now off-limits. Just over a month after President Bush signed into law a […]

Motorists face three days of fuel demo misery

The country faces disruption this week after fuel tax protesters stepped up their plans for oil refinery blockades and motorway go-slows. Demonstrations will now be staged across three days, from Wednesday to Friday.Telegraph

The RAC tells motorists to get on their bikes as petrol costs spiral

Get out of your car and take up cycling’ has been the message of environmental groups for decades. Now it has become the unlikely slogan of the RAC, one of Britain’s leading motoring organisations and a friend of the driver for more than 100 years. Observer (UK)

US airline losses in 2005 could reach USD$10 billion

US airline losses in 2005 could reach USD$10 billion, due mainly to soaring fuel prices made worse by Hurricane Katrina, the industry’s chief trade group estimated on Friday. To try and stem the red ink, major carriers plan to ask Congress next week for a one year holiday from the federal tax on jet fuel […]

Update on Hurricane Katrina’s Damage to the Gulf Oil Patch

[A Scary and Must Read, and I don’t often say that] Repercussions of ominous hurricane impact on the Gulf oil infrastructure. Remedies discussed, including emergency spending on alternative energy technologies. Ramifications spread affecting employment in other industries, agricultural production, etc.. ..The translation for anyone figuring out the details here is that the USA is going […]

Fuel increases as serious as 1970s oil shock, says Brown

Gordon Brown has warned that the rise in petrol prices is as serious “as the oil shock of the 1970s” which led to years of recession.

As fuel protesters prepared to mount a wave of demonstrations across Britain this week, the Chancellor said he sympathised with hauliers and motorists on low incomes who had been hit by steep fuel cost increases.

Independant UK

Saudi oil shock ahead

Simmons also suggests that Saudi production is very near its peak. But the feedback he has received from technical people who have read the book, leads him now to believe that Saudi Arabia has

China deploys warships to East China Sea gas field

In a muscular display of its rising military and economic might, China deployed a fleet of five warships on Friday near a gas field in the East China Sea, a potentially resource-rich area that is disputed by China and Japan SFGate

Imagine if we use supply, demand against oil giants

My goal, in addition to saving money, was to increase demand at the cheaper stations and decrease it at the places charging more. Now, imagine if we all did that. It’s possible that the stations charging more would notice that they weren’t selling as much gas. Their suppliers might notice as well. They could wait […]

VW, Audi, Porsche In Hybrid Engine Cooperation

German car makers Audi AG (NSU.XE), Volkswagen AG ( VOW.XE) and Porsche AG (POR3.XE) are starting a cooperation to develop a hybrid engine. iWonMoney

Japan’s dress-down drive saved power worth 240,000 homes

Japan’s summer dress-down campaign, aimed at easing global warming, reduced power consumption by enough to supply more than 240,000 households for a month. The campaign “helped reduce carbon dioxide emissions by around 27,000 tons,” a TEPCO spokesman said. For the cooler months, the government plans a “Warm Biz” initiative to encourage workers to bundle up […]

$1b financing for Dolphin gas project

Dolphin is a unique strategic regional energy initiative scheduled to come on stream at the end of 2006. It involves the development of substantial natural gas reserves from Qatar’s offshore north field, their processing onshore at Qatar’s Ras Laffan KhaleejTimesOnline

Energy Debate Enters Germany’s Election Campaign

Energy is the hot topic in German politics as oil and gas prices are shooting through the roof. Less than two weeks before the country heads to the polls to choose a new government, the oil shortage has fueled the campaigns. TerraDaily

World trade negotiators start last dash for deal

The World Trade Organisation’s (WTO) Doha Round, launched in 2001, missed its end-2004 target date for conclusion, and member states will now try to wrap up most of the hard bargaining by the time ministers meet in Hong Kong in mid-December.A pact could inject more than $500-billion a year into the world’s economy and lift […]

Saudi Minister Says Slain Al-Qaida Militants Targeted Oil Installations

Militants who fought a three-day battle with Saudi security forces last week were targeting key installations, including oil facilities, Saudi Interior Minister Prince Nayef said in comments published Sunday. Five of Saudi Arabia’s 36 most-wanted militants were killed after security forces stormed a seaside villa in the eastern city of Dammam. Four policemen also died […]

Indonesia Mins Mull 40% Petroleum Product Price Hike

Indonesian ministers will likely submit a proposal to hike domestic petroleum products prices by an average of 40%, in order to save around IDR26 trillion in fuel subsidy costs this year, a government official said Monday. The two ministers will also propose to raise petroleum products prices gradually next year, for every quarter, so the […]

High oil prices put brakes on China’s soaring economy

Rocketing global oil prices are eating away at the high-flying Chinese economy, provoking a slowdown that officials and analysts warn could lead to inflation and even social unrest.TaipeiTimes

EU Pushes Biofuel to Fight Climate Change and High Oil Prices

The European Union must increase the amount of biomass, a green fuel, in its energy mix as concerns about high oil prices and climate change mount, the EU executive said on Sunday. EU Agriculture Commissioner Mariann Fischer Boel said the European Commission would develop a “biomass action plan” by the end of 2005, which would […]

Most likely doomsday scenarios

Ratings (in brackets): 0 = No chance whatsoever; 10 = Absolutely certain to happen Global warming (8) The Government’s chief scientific adviser stirred debate in 2004 by claiming that global warming was a greater threat than terrorism. . . .icWales

The End is Nigh

What sets The Long Emergency apart from numerous other books on this theme is its comprehensive sweep

Zinc Powder Will Drive Your Hydrogen Car

A revolutionary method of using concentrated solar energy for producing hydrogen in a clean, safe and inexpensive way was developed by a cooperation of scientists from Israel, Sweden, Switzerland and France. If the process is so simple and efficient why can’t you buy zinc-based hydrogen fuel at your local fuel station right now? First of […]

Schwarzenegger’s solar power plan stalled

Gov. Arnold Schwarzenegger’s campaign to expand the use of solar power in California will likely move to the state’s Public Utilities Commission after lawmakers failed to take it up late on Thursday, a commission spokeswoman said on Friday. Yahoo

U.K.’s Brown Asks Non-OPEC Nations to Lift Oil Output

U.K. Chancellor of the Exchequer Gordon Brown said he’s talking to Russia and other non-OPEC oil producing nations about boosting output should the cartel fail to stem further price increases.  Bloomberg

On Why High IQ Fails Us, The Freakonomics of Peak Oil, and Horse Breeding

You would think that his level of confidence would be correlated with the information the person has about the severity of the coming storm. But no, the person is not even interested in the storm. He cheerfully observes that he has little understanding of storms in general and has not even bothered to look into the information gathered by others about this particular approaching storm. He is not interested in these things.

PostCarbon.org

Bill would give President power to control gas prices

Sen. Maria Cantwell says she will introduce legislation later this week that would grant President Bush broad new powers to investigate whether oil companies are gouging consumers and to impose price controls if necessary. MyWestTexas

OPEC may boost output

OPEC wants to increase output by just under two million barrels a day because its members are not interested in record high prices that could trigger a recession, Acting General Secretary Shihab-Eldin Adnan was quoted as saying in an interview published Saturday. In an interview with Der Spiegel magazine released ahead of publication, Shihab-Eldin said […]

OPEC is to blame for fuel rises – Br

GORDON Brown, the Chancellor, will this week try to head off the prospect of nationwide fuel protests by blaming international oil producers for the soaring prices that have infuriated British motorists. With petrol prices at or above Scotsman

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