Natural gas prices have soared to record highs recently as traders and industry officials anticipate a winter season of cold temperatures and tight supplies. The big concern: Could the nation run out of natural gas this winter? Natural gas futures prices dropped slightly today to $14.04 per million British thermal units after a record settlement […]
Household windmills are becoming quite the fashion, apparently, but can they make money? Domestic wind turbines have been described as “the new handbags” – the latest luxury items craved by those who want to be first to try new technology. But this description overlooks their green credentials, because any electricity powered by the elements is […]
As other motorists watch with relief as gasoline prices drop at their local station, Robert Merrell continues to despair. Merrell and his wife, Leonore, of Liberty, drive an 18-wheeler around the country delivering the goods Americans buy each day. In recent weeks they have watched helplessly as diesel prices skyrocketed to record highs.Diesel averaged $3.15 […]
President’s going to work with Congress to ease construction regulations; crude sinks nearly 3% NEW YORK (CNN/Money) – Oil prices fell Wednesday after President Bush renewed his call for oil companies to build more refineries and said he is going to work Congress to pass a bill making it easier to them to do so. […]
The Soul of the Empire The Troubled Horizons of Oil: Sustainability of Apocalypse Soon? Three decisive challenges for planet Earth loom on the horizon and condition the prospective paths of world development: satisfying the worldThe Soul of the Empire
Portugal has approved the constructuction of a 62MW photovoltaics site, which will be the largest in the world. The site will be built by BP Solar and should be ready for 2007. As of 2004, Portugal had a total 2.6MW worth of solar power. With the 62MW of new capacity, that will put Portugal close […]
WASHINGTON, Oct. 25 – After forcing through two pieces of legislation with significant benefits for the oil industry this year, House Republican leaders on Tuesday called for oil companies to return the favor by building new refineries and taking other steps to increase fuel supply and lower gas prices. “It is time to invest in […]
NEW YORK (Reuters) – U.S. heating oil customers, already hit by high fuel costs, could face the loftiest fuel prices in the country this winter as below normal temperatures hit the Northeast, forecasters said on Tuesday. “Bad news for those that are heating with fuel oil in the Northeast,” Dale Mohler, meteorologist at Pennsylvania-based AccuWeather, […]
Oct. 25 (Bloomberg) — Crude oil jumped the most in a month and natural gas ended at a record on signs that U.S. fuel consumption will increase with the end of the Atlantic hurricane season and the beginning of winter. Some analysts said they aren’t convinced by several weeks of Energy Department data showing a […]
Until now, attempts by the oil industry and its congressional patrons to open Alaska’s Arctic National Wildlife Refuge to oil drilling have been thwarted either by timely presidential veto or by filibuster. But with a more sympathetic occupant in the White House, drilling proponents in the Senate are stooping to a back-door parliamentary maneuver, attaching […]
While the most dire predictions have been largely dismissed as alarmist — gasoline prices in the United States of up to $6 a gallon and crude oil climbing to $105 a barrel in 2007 — analysts warn consumers could face price spikes and won’t soon be returning to pump prices that propelled the popularity of gas-guzzling SUVs.
Find other Peak Oilers in your part of the world with a fantastic tool from Google called Frappr.com. Launced on October 26th 2005, the idea is to get as many PeakNiks onto these as possible as both a show of awareness of Peak Oil and also a way to find other PeakNiks in your area. You may be closer to other PeakNiks than you think!
http://www.frappr.com/powerswitch (UK & Europe Centric)
http://www.frappr.com/peakoilers (USA Centric)
There’s a new player in the lucrative market of semiconductors that power everything from cars and game consoles to medical equipment and supercomputers. ..At the Fall Processor Forum here this week, P.A. Semi will announce how it has designed a high-performance chip it claims will consume as much as 10 times less power than today’s […]
Many scientists say it has taken a long time for them to accept that global warming, partly the result of carbon dioxide and other heat-trapping gases in the atmosphere, could shrink the Arctic’s summer cloak of ice. But many of those same scientists have concluded that the momentum behind human-caused warming, combined with the region’s […]
Biomass, which sees crops grown for use as environmentally friendly fuels, should be used to generate heat, a year-long task force study concluded. But critics say the recommendations do not go far enough as energy suppliers are not required to source a percentage of heating fuel from renewable sources. BBC
Brazil will achieve its long-sought goal of oil self-sufficiency next year, Mines and Energy Minister Silas Rondeau said Tuesday. Latin America’s biggest country, an oil importer for decades, now produces about 1.73 million barrels of oil a day and projects year-end consumption of 1.85 million barrels a day. But next year, Brazil will produce more […]
His Majesty, Sultan Haji Hassanal Bolkiah Mu’izzaddin Waddaulah, has a problem: Oil is king in this tiny sultanate on the steamy island of Borneo. And it may be running out. For years, Delaware-sized Brunei had an outsized presence in the global oil patch, pumping out a rich stream of crude oil and natural gas. With […]
The legendary sea-faring route from the United States across the Atlantic to Russia’s northern city of Murmansk, through which vital supplies went to the Soviet Union some 60 years ago to help the country fight in World War II, is looking to get a new breath of life. This time, however, the traffic is going […]
Impoverished Swaziland wants to develop bio-energy from its key sugar crop to ease its dependence on imports as soaring oil prices hurt the economy, its energy minister said. Minister of Natural Resources and Energy Mfomfo Nkambule said earlier this week he was concerned about the toll high global oil prices were taking on the local […]
Capital investment in hydrocarbon sub-sectors in the Kingdom of Saudi Arabia is slated to reach $94.4 billion in the years 2004-2009 according to Dr. Abdulwahab AlSadoun, the Director General of the Energy Sector at the Saudi Arabian General Investment Authority (SAGIA). Over 70% of the first wave of projects in 2004 came in the form […]
A unique system that can produce Hydrogen inside a car using common metals such as Magnesium and Aluminum was developed by an Israeli company. The system solves all of the obstacles associated with the manufacturing, transporting and storing of hydrogen to be used in cars. When it becomes commercial in a few years time, the […]
Industry will cope with a forecast cold snap this winter, despite “scaremongering” reports of looming energy shortages, a government minister said in comments published on Wednesday. Wicks was responding to comments made in a newspaper interview last Thursday by Digby Jones, director-general of the Confederation of British Industry lobby group.tiscali
Fairchild International Corp. (OTCBB:FCHL), www.fairchildinternational.com announced negotiations to acquire a world-wide license to proprietary technology for the production of low-cost 99.9% pure Hydrogen. The technology will work in conjunction with the Company’s gasification technologies to create hydrogen energy from bio-waste, low grade coal, wood waste and municipal and industrial garbage/waste products. As oil and natural […]
Environmental groups are eagerly awaiting the release of proposed rules that cut power plant emissions in New York and eight other Northeastern states by 10 percent by 2020, a move advocates say could be an important example for the rest of the U.S. and other nations concerned about global warming.JournalNews
The U.S. Environmental Protection Agency (EPA), the U.S. Department of Energy (DOE) and the Center for Resource Solutions (CRS) honored a group of organizations committed to advancing the development of the nation’s green power market. Seven awards were also presented to organizations demonstrating notable success in marketing and encouraging green power program participation. The highest […]
Wal-Mart, the largest retailer in the US, joins GE, the largest manufacturer in the US, in the quest for energy efficiency. Wal-Mart will announce specific environmental goals to reduce energy use in its stores and pressure its 60,000 suppliers in its worldwide supply chain to follow its lead. TheWatt
Energy analysts are saying that consumers could face new energy price spikes because oil demand will continue to grow by an average of 1.8% over the next couple of years. So with oil demand going up, how’s the supply? The October edition of Petroleum Review shows the production (.pdf) of the publicly traded petroleum companies. […]
For the Air Force, winning a 2005 Green Power Leadership Award was a breeze — literally. Bases like Dyess Air Force Base, Texas, and Fairchild AFB, Wash. — both which receive 100 percent of their energy from wind or other renewable energy power sources — helped the Air Force earn the award Oct. 24 for […]
Senator Hillary Rodham Clinton called for a new national energy strategy to help consumers and stimulate energy alternatives and challenged the oil industry to reinvest their profits in Americaempirestatenews
From wood stoves to car pooling, Americans alter day-to-day activities Across the country, the rising cost of fuel is changing the way we live, work and run our businesses. ThereWith shortages and price spikes expected for natural gas and heating oil, wood furnace manufacturers and dealers are having trouble keeping up with new demand, the […]
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