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News from December 2005

Turkey-oil plant closed due to foul odors

Turkey-oil plant closed due to foul odors thumbnail

Missouri governor orders shutdown of alternative-fuel facility SPRINGFIELD, Mo. – A foul-smelling plant that turns turkey byproducts into fuel oil was ordered closed by the governor Wednesday until the company finds a way to clear the air. Renewable Environmental Solutions Inc. in the southwest Missouri community of Carthage had agreed in May to improve its […]


15 Big Ideas from 2005

15 Big Ideas from 2005 thumbnail

When gas hit $1.20 in August, SUV owners finally felt the pain. By October, car dealers across North America were admitting the obvious. The bottom had fallen out of the market for America’s most notoriously overweight gas guzzlers. Instead, consumers were snapping up the lightest, most fuel-efficient vehicles they could find. Experts say that this […]


Doomsday for the greenback

Doomsday for the greenback thumbnail

A preemptive attack on Iran would “provoke other industrial nations to strategically abandon the dollar en masse”… “in an effort to thwart the neoconservatives from pursuing their desperate strategy of dominating the world’s hydrocarbon energy supply.” William R. Clark “Petrodollar Warfare; Dollars, Euros and the upcoming Iranian Oil Bourse” … In William R. Clark’s “Petrodollar […]


Peak Oil Advocates Wrong, Experts Says

Peak Oil Advocates Wrong, Experts Says thumbnail

Dr Vaclav Smil, a Distinguished Professor at the University of Manitoba at Winnipeg, who is also an award-winning researcher and the acclaimed author of a number of books on the subjects of energy, the biosphere and the civilization writes an article titled Peak Oil: A Catastrophist Cult and Complex Realities,” and can be viewed in PDF form here at the U. of Manitoba site.

Free Market News


China’s most coal-rich province lacks engineers; supply reduction in 2006?

China’s most coal-rich province lacks engineers; supply reduction in 2006? thumbnail

As the market demands remain high, the coal industry in Shanxi, which has the largest coal reserves in China, is running short of professional engineers like work safety talents and managerial staffs, a research report by the province has found.…Analysts said that the drastic decline in the coal supply in 2006 can be attributed to […]


Britain’s nuclear power industry should act its age

Britain’s nuclear power industry should act its age thumbnail

…On the other hand, there are those who have great faith in national, state, central planning guided by wise, strategic politicians. Nuclear power has emerged as an answer to their prayers, providing predictable quantities of apparently carbon-free energy using tried and tested technology and minimum foreign involvement. Adherents of this view now seem to include […]


India should choose Iran, not US

India should choose Iran, not US thumbnail

Interview Dr Arjun Makhijani, president of the Institute for Energy and Environmental Research and one of the leading technical nuclear experts in the United States, believes that even if India gets everything it wants under the US-India civilian nuclear agreement signed by President George W Bush and Prime Minister Manmohan Singh on July 18, it […]


Soaring oil prices shock Iraqis

Soaring oil prices shock Iraqis thumbnail

The Iraqi Government has sharply raised the price of fuel and other petroleum products, sparking discontent and protests and worrying international observers who say the increases could hurt millions of poor Iraqis and throw the country into further turmoil. Since the parliamentary election on December 15, fuel prices have increased fivefold, mostly because the outgoing […]


‘Massive problems’ tracking Iraq oil

‘Massive problems’ tracking Iraq oil thumbnail

Iraq still has “massive problems” in monitoring its oil revenues, including no oil metering system to measure output and the failure to use competitive bidding for all contracts, an auditing board said after a meeting Wednesday. Members of the International Advisory and Monitoring Board have “repeatedly raised” the issues with the U.S. Coalition and the […]


PLAYING THE JUDAS GAME

PLAYING THE JUDAS GAME thumbnail

On December 22, 2005 USA Today had a Christmas present for al Qaeda: the exposure of one of the most vitally important anti-nuclear terror operations being conducted in the U.S. – the monitoring “of radiation levels at over a hundred Muslim sites in the Washington, D.C., area, including mosques, homes businesses, and warehouses, plus similar […]


Some Experts Worry That Production Will Soon Peak. Others Warn That It Already H

Some Experts Worry That Production Will Soon Peak. Others Warn That It Already H thumbnail

Is the world running out of oil? Ask that question and the geologists and strategic planners will say youemagazine


Analysts weigh in on whether oil industry can engineer repeat of 2005 success

Analysts weigh in on whether oil industry can engineer repeat of 2005 success thumbnail

By all accounts, it was a stellar year for companies in the business of drilling, producing, piping or refining oil and gas – so good that industry watchers are wondering if 2006 could possibly top 2005. Their short answer? Probably not. mytelus


Robot car: streets ahead in cities of the future

Robot car: streets ahead in cities of the future thumbnail

It is not every day that a concept car re-writes the rules of more than 100 years of motoring. In development for four years by a team of architects and engineers led by William Mitchell, former head of the school of architecture at the Massachusetts Institute of Technology (MIT), as part of his Smart Cities […]


A monetary system dependent on growth

A monetary system dependent on growth thumbnail

Over the past few days the press and television have returned to the tsunami, and other actual or potential environmental disasters, in the context of attempts to reach international agreement on the reduction of greenhouse gases arising from a continuing commitment to rapid global “economic” activity. However, none, or almost none, of the major economic […]


Canada, the US, and the Tar Sands

Canada, the US, and the Tar Sands thumbnail

You can be certain that there is a Canadian Federal election underway when a sitting Prime Minister of the Federal Liberal Party– considered the party of permanent rule north of the 49th parallel– takes direct shots at the President of the United States. “There is no environment minister on Earth that will stop this oil […]


Hythane Company Begins Hydrogen-CNG System Demonstrations in China

Hythane Company Begins Hydrogen-CNG System Demonstrations in China thumbnail

The Hythane Company is beginning demonstrations of its low-emission hydrogen-compressed natural gas fuel system in support of a major bus conversion project in China. Hythane (generically called HCNG: hydrogen-CNG) is essentially CNG mixed with a small percentage of hydrogen (usually about 7% by energy or 20% by volume), and was developed by Hydrogen Components in […]


The Potential Emerging Energy Crunch

The Potential Emerging Energy Crunch thumbnail

According to Cambridge Energy Research Associates high energy prices are here to stay until 2008; we think if nothing is done to address the root cause of the problem that high-energy prices could plague Americans for at least another 9 years if not longer. Let’s look at some alternative energy sources. Shortages of uranium could […]


Xcel Energy Plans to Acquire 775 Megawatts of Wind Power

Xcel Energy Plans to Acquire 775 Megawatts of Wind Power thumbnail

Xcel Energy Inc. on Wednesday said it plans to acquire 775 megawatts of wind power capacity for its Colorado system by 2007 — positioning the company to become the nation’s largest utility user of wind energy. yahoo


Huge new oil discovery in Brazil

Huge new oil discovery in Brazil thumbnail

Brazil’s state-owned oil company, Petrobras, says it has discovered a huge new offshore oil field off the coast of Rio de Janeiro state. The Papa-Terra field was found in the Campos Basin, which is already Brazil’s most important oil-producing region. Petrobras estimates it contains at least 700 million barrels of crude – about 10% of […]


The Politics of Energy and the Environment

The Politics of Energy and the Environment thumbnail

A wide ranging article by the Rt. Hon. Edward R. Schreyer of Canada concerning Peak Oil and Politics. …The essence of the energy and environmental policy dilemma is not whether we must change policy direction but rather how soon can we start. We must put practical renewable energy capacity in place. There are two reasons […]


Kremlin reasserts control of oil, gas

Kremlin reasserts control of oil, gas thumbnail

Russia, the world’s second-largest oil producer, sees energy as a key foreign policy tool. MOSCOW


Shell cleans up crude oil spill after pipeline blast

Shell cleans up crude oil spill after pipeline blast thumbnail

LAGOS (AFP) – Anglo-Dutch oil giant Shell said it had stepped up environmental cleansing and repairing a pipeline that exploded in Nigeria, but could not immediately confirm if it has reduced or eliminated the loss of 35,000 barrels a day. “The latest information from our head office in Port Harcourt is that we are intensifying […]


Ramp generates power as cars pass

Ramp generates power as cars pass thumbnail

A road ramp that uses passing cars to generate power has been developed. Dorset inventor Peter Hughes’ Electro-Kinetic Road Ramp generates around 10kW of power each time a car drives over its metal plates. More than 200 local authorities had expressed an interest in ordering the Inventor Peter Hughes spent


The Oil Drum: IEA Revisions–The 2006 Forecast

The Oil Drum: IEA Revisions–The 2006 Forecast thumbnail

Stuart plotted IEA raw data versus IEA revisions. Let’s take a closer look at trend #2, the IEA year-on-year estimates for non-OPEC liquids supply.Many more charts and other stuff after the jump to The Oil Drum.


Homegrown fuel: a waste of energy?

Homegrown fuel: a waste of energy? thumbnail

Such is the state of Washington’s biodiesel industry — more farmyard experiment than full-sized factory.The fuel — a mix of vegetable oil and methanol used in place of diesel to fuel engines — has been pushed as a way to help both struggling farmers and the environment, with talk of Washington farm fields producing 100 […]


Big Oil pumps up energy exploration

Big Oil pumps up energy exploration thumbnail

After a year of record prices for oil and natural gas, the world’s energy companies are stepping up spending on exploration and production. Flush with cash, they’ll spend 2006 hunting for both oil and opportunities to expand their businesses. That’s good news for consumers. It means oil companies, private and state-owned, are hunting for supplies […]


Energy security situation complicated in China

Energy security situation complicated in China thumbnail

China is currently facing a complicated energy security situation, Vice Premier Zeng Peiyan saidon Tuesday while making a report on current energy security issues to China’s top legislature. Zeng summed up current energy issues in China as follows: the demand for energy has outstripped supply; resource shortages restrict energy production; outdated energy development technologies undermine […]


Russia’s Gref Says Investment Zones Will Help Diversify Economy

Russia’s Gref Says Investment Zones Will Help Diversify Economy thumbnail

Russian Economy Minister German Gref said a final agreement on investment zones next year will help wean Russia, the world’s largest energy producer, away from its dependence on oil and gas for economic growth. President Vladimir Putin’s government is working on the last details of a plan to create by 2007 special economic zones that […]


Putin Urges Government to Spend Oil Windfall Rationally

Putin Urges Government to Spend Oil Windfall Rationally thumbnail

Russian President Vladimir Putin has urged his government to make sure that funds allocated for priority social programs are spent in a rational way and do not fuel inflation, Associated Press reported. Russia’s oil-driven 2006 budget, which Vladimir Putin approved Tuesday, envisages a 30-percent hike in spending on education and agriculture and a 60-percent increase […]


The Quest For Nuanced Understanding of Complex Realities Of Exurbia

The Quest For Nuanced Understanding of Complex Realities Of Exurbia thumbnail

…In the words of the author, the purpose of the article is to “dismantle the foundations of the new catastrophist cult” — the conclusions by “peak oil advocates”2 (Colin Campbell, Kenneth Deffeys, et al.) These conclusions, in Dr Smil’s view “are based on interpretations that lack any nuanced understanding of the human quest for energy, […]


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