Energy costs aren’t bad news for everyone

From contractors to coal companies, plenty of firms are cashing in Oil companies aren’t the only ones benefiting from high oil and natural gas prices. From contractors in Columbus to coal mining companies nationwide, plenty of firms are cashing in on the cost of energy, as individuals and businesses scramble for alternate fuels and more […]

Stop the ‘Global Warming Zombies’ this Halloween

The cure? This Halloween, it’s the funny “Climate Mash,” a flash video based on the perennial Halloween hit favorite “Monster Mash.” Over 100,000 people have enjoyed the Climate Mash, which one news account described as “catching fire in the online world as it is forwarded from friend to friend.” By visiting http://www.climatemash.org you can view […]

Gas price is down, and so is driving

Trends welcome; How long they last is open to question Peggy Ilardo filled the tank of her Chevy Suburban only halfway at a gas station near Towson yesterday in the hope that the price is “going to go down a little bit further.” Based on recent swings at the pump, that seemed a good bet: […]

Back To The ’70s?

Energy: With crude prices near record highs, oil companies’ profits have soared. Some in Congress have reacted by calling for a windfall profit tax or rebates to consumers. Don’t they remember the ’70s? The oil industry has come under fire after reporting big jumps in earnings. In the second quarter alone, according to the Energy […]

No Subsidy For Oil Refiners

House Republicans have pushed through a deceptive energy bill misnamed the Gasoline for America’s Security Act of 2005. Using the destruction caused by hurricanes Katrina and Rita as a rationale, the bill seeks to spur refinery construction by providing generous subsidies to a highly profitable industry and by gutting important clean air protections.The supposed plight […]

2 Companies Win Oil, Gas Leases in Alaska

ANCHORAGE, Alaska – The first sale of state oil and gas leases in 22 years on the Alaska Peninsula generated 37 bids Wednesday, with a major oil company winning the most. Shell Offshore Inc., part of Shell Exploration & Production Co., was the high bidder on 33 tracts, all centered near Port Moeller. The site […]

Taking Aim at Oil’s Riches

Even for Big Oil, the numbers have never been as big as this. When major U.S. energy companies including Exxon Mobil Corp. and Chevron Corp. announce their third-quarter earnings in the next few days, the results are certain to be staggering.Pumped up by soaring prices of oil, natural gas and gasoline in August and September, […]

Peak oil to be hot issue at SF’s Green Festival Nov 5-6

Peak Oil is finally getting more attention in the mainstream media. Environmental circles are also discussing it more, as evidenced by the Green Festival in San Francisco Nov. 5-6. This 4th annual event is co-sponsored by Global Exchange and Co-Op America (http://www.greenfestivals.org/). Their previous festivals have reportedly drawn 20,000 to 30,000 visitors, who pay only […]

Here Comes the Sun

How Freiburg cut down on cars and bulked up on alternative energy sources to turn itself green It doesn’t take long to find out who’s king of the road in Freiburg. “Hey! Are you blind?” shouts an imperious cyclist as a pedestrian ambles into a dedicated cycle path. Bikes, trams and buses whiz through the […]

Global warming: help or hindrance?

..Given that “oil and gas exploitation will become more demanding in the future”, the industry will need massive capital injections in the next 30 years to meet an anticipated 60% rise in demand by 2030, says Mr Lund, chief executive of the Norwegian energy giant Statoil. “All the easy barrels are already produced,” he says. […]

Mani moots Asian union for oil

Describing the oil world as highly manipulative where prices are rigged and illogical steps taken, Union minister for petroleum Mr Mani Shankar Aiyar felt the answer rests in India looking for oil and gas sources outside the country as well as working towards an Asian Union. On 25 November oil ministers of China, Korea, Japan […]

Desperate hunt for gas kicks into full gear

The hunt for gasoline ruled the day across South Florida as thousands of motorists formed tension-filled lines that sometimes stretched for miles. In South Florida on Wednesday, one mission reigned: Find gas. The evidence stretched for miles across roadways as people desperate for a few drops of unleaded lined up outside gas stations — whether […]

China is not to blame for rises in oil prices

On October 13, the credit ratings agency Standard & Poor’s released a dramatic report, claiming that China’s overseas energy strategy is one of the factors destabilizing global oil markets and pushing up prices. Some domestic experts predict that China’s dependence on foreign oil will by 2020 surpass that of the United States. This is incorrect […]

No immediate solution to energy crisis, senior official warns

The problems in the lack of electricity supply has no solution “in immediate terms” and the Government “does not discard” intervening in the Distributor Company of the East (Edeste) to guarantee the success of the results of the plans which have been drawn up. Dominican Power Companies Corporation (CDEEE) vice-president Radham Dominican Today

Eat that ice cream, kill an orangutan

For those who regard palm oil as a sutainable hydrocarbon allternative. Put an orangutan in your biomass tank: The orangutan is seriously endangered by the dietary habits of his nearest cousin, environmental activists say, explaining that man needs vast quantities of palm oil to fry his greasy foods and has been steadily turning Southeast Asia’s […]

Biomass is key solution to UK’s energy problems says task force

Using biomass to generate heat could help Britain meet its target of reducing energy consumption and costs, besides cutting carbon dioxide emissions, a government task force said yesterday. According to its estimates there could be as much as 20 million tonnes of biomass available annually which could be used as fuel to generate heat. The […]

Standby for mounting energy costs

The Energy Saving Trust said the country was in the grip of an energy obesity epidemic. BBC

Global Public Media

Global Public Media: 1. Petroleum Review: The Megaprojects Update & more 2. Julian Darley Addresses a Unique Awareness-Raising Opportunity 3. Citizen Groups Urge U.S. Congress to Address Impacts of GlobalOil Peak  4. The End of the Oil Age: James Kunstler Debates Peak Oil on PublicRadio  15. Oil production of non-OPEC countries will decrease soon after2010, […]

Steady growth for Asia, but oil, rates a threat

High oil prices and a possible moderation in demand from China and the United States will weigh on Asian economies in 2006, but growth in most countries will match up to that of recent years, a Reuters poll shows. A revival in Japan, after years of stagnation and deflation, and an expected upturn in Europe, […]

BHP Says $2.5 Bln Gulf Oil Project on Schedule After Hurricanes

BHP Billiton, Australia’s biggest oil and gas producer, said construction disruptions caused by hurricanes won’t delay the scheduled start up next year of the $2.5 billion Atlantis oil project in the Gulf of Mexico. The BP Plc-operated project, which will have a daily capacity of 200,000 barrels of oil and 180 million cubic feet of […]

Corporate America Buys in to Renewable Energy

Renewable energy capacity in the United States supported by voluntary demand rather than regulatory requirements now tops 2200 MW — up more than 1,000 percent in just five years, according to a new report from the U.S. Department of Energy (DOE) released this week at the Tenth National Green Power Marketing Conference in Austin, Texas. […]

12 ways to fight soaring heating bills

Turn down the thermostat. MSNMoney

Tight energy supply shows signs of easing

There are already key signs that China’s tight energy supply is beginning to ease: nationwide coal inventory by the end of September increased by 30 per cent from that at the beginning of the year; product oil inventory at CNPC and Sinopec, China’s Big Two oil suppliers, have also begun to increase. ChinaDaily

Life’s hidden energy costs

Now, those increased supply costs are beginning to filter down to consumers. AJC

China wins PetroKazakhstan bid

China National Petroleum, the nation’s top oil firm, won Canadian court approval yesterday for a $4.18 billion (R27.6 billion) takeover of PetroKazakhstan, sealing China’s biggest energy takeover.China’s rivals for PetroKazakhstan included Lukoil and Oil & Natural Gas, the biggest oil companies in Russia and India. China has been scouring the globe for oil to fuel […]

Singapore to host two biodiesel plants

Singapore’s petrochemicals industry got a boost on Wednesday, as two foreign companies announced they would set up biodiesel plants here. These facilities will be a first for Singapore, and will attract more than S$80 million in investments. The two biodiesel plants will be built on Jurong Island, Singapore’s petrochemicals hub.The first is from a German […]

Ali Bahktiari Calls It: Peak Is Here. Now.

by Ali Samsan Bakhtiari (Some on the site will remember when the Dr. was kind enough to share his insights with us here.) In my humble opinion, we should now have reached ‘Peak Oil’. So, it is high time to close this critical chapter in the history of international oil industry and bid the mighty […]

Doubts Raised on Saudi Vow for More Oil

Last spring, the White House publicly embraced plans by Saudi Arabia to increase its oil production capacity significantly. But privately, some officials and others advising the government are skeptical about some of those Saudi forecasts….. But doubts about Saudi Arabia’s assurances of how much it can expand capacity – and for how long – have […]

Capitalizing on Peak Oil – Investing In Alternatives

I donMarket WrapUp by Chris Puplava

The Coming Petro Collapse

More in the sprit of the age was the Petrocollapse New York conference held at the Unitarian Universalist Church on E. 35th Street earlier this month. The unifying idea of the conference seemed to be that an imminent shortage of energy is about to reduce the world to a bleak, barren landscape where the living […]

« Previous Page — Next Page »

LATEST NEWS HEADLINES

• Why the IEA is Wrong About Peak Oil Demand
• Did we inadvertently speed global warming?  
• Venezuela’s Oil Monopoly Eases
• Why Germany is Choosing Natural Gas Over Nuclear Power
• U.S. coal-fired electricity generation decreased in 2022 and 2023

• America Cracks Down on Methane Emissions from Oil and Gas Facilities
• Meet America’s Newest Oil Trader Extraordinaire: Joe Biden
• Is It Time To Refill America’s Strategic Petroleum Reserve?
• Oil prices set to end year 10% lower as demand concerns snap winning streak
• What’s Driving America’s New Oil and Gas Boom?
• China’s peak oil demand bombshell eviscerates Danielle Smith’s energy strategy