Many Think That Gas Prices Gouged

If you believe that oil & gas companies conspired to receive record high profits, that oil supplies are diminishing, and that gasoline companies purposely Many believe in Hubbert

A look into the future

THE harmful effects on humanity of both climate change and peak oil can be lessened if human settlement was better designed, according to permaculture designer John Champagne. His property, Brogo Permaculture Gardens, has now reached 10 years of development and will open to the public as an acclaimed example of sustainable living. “The property offers […]

Down with catastrophism

James Howard Kunstler’s new book, The Long Emergency, depicts humans as parasites who might benefit from a mass die-off. Speak for yourself. As recently as a decade ago it was unusual to encounter books predicting the imminent collapse of civilisation and probable extinction of the human race. When they appeared they were outside the mainstream, […]

Energy Dept. Puts Off Shipping Nuke Waste

The federal government will halt its quest to ship hazardous waste to the nation’s most contaminated nuclear site until a new environmental review is done, the U.S. Energy Department announced Monday. Washington state had sued to block the proposed shipments of nuclear and hazardous waste to the Hanford nuclear reservation on the banks of the […]

World’s leaders in clean and dirty energy

Officials from six countries hold the first Asia-Pacific Partnership on Clean Development and Climate meeting in Sydney this week to discuss ways to promote clean energy and make dirty energy more efficient. Below are the world’s leaders in using energy sources that emit low — and high — levels of greenhouse gases.Alertnet

Coal comfort

It sounds like something out of a science fiction novel: a giant power station burning the fuels of the past but using the technologies of the future to create clean power. Under this futuristic script, such revolutionary technology could solve the world’s most pressing environmental and health issues by eradicating the air pollutants that long […]

Australian Cyclone Shuts Oil Rigs, Forces Evacuations

Mining and oil companies in far western Australia shut down operations on Monday as a powerful cyclone headed toward the coast, forcing some residents to evacuate homes for storm shelters. The Bureau of Meteorology said Cyclone Clare, the first of the season along Western Australia’s “cyclone alley”, recorded winds up to 220 kmh (140 mph) […]

Winter Brings Bleak Options for Poor

Winter has barely begun, and the soaring cost of home heating oil has already forced the poor to cut back on food, medicine and clothing — a plight known in the frigid Northeast as “heat or eat.”..Former Democratic Rep. Joseph P. Kennedy II has anxiously monitored the situation. As chairman of Citizens Energy Corp., which […]

Kiira dam may be shut: Is it end of the energy road?

Uganda’s power sector is pretty well on a cliff, with the sudden announcement of a possible closure of the Kiira hydro-power dam. The government appears lost out on what exactly can be done to arrest a looming disaster. On January 5, the Minister of Water, Lands and Environment, Major General Kahinda Otafiire disclosed, shockingly, that […]

Aiyar could give a whole new meaning to synergy in Beijing

Hoping to transform one of Asia’s most deadly rivalries into one of the region’s most significant partnerships, petroleum minister Mani Shankar Aiyar will arrive in Beijing on Wednesday for a four-day visit. Besides signing a number of memoranda of understanding between energy majors, the two sides are expected to set up an institutional mechanism to […]

Clean energy from coal bed gas

A new method of extracting energy from coal layers that until now were considered too deep to access can help ‘bridge the gap’ between today’s fossil-fuelled economy and the potential hydrogen economy of the future. Better still, this method can be efficient and clean. Coal contains methane gas, a combustible gas with a high caloric […]

Indonesia hypes the economy

Despite current unfavorable economic indicators, optimistic 2006 budget parameters set by the Indonesian government assume the country’s US$280 billion economy will grow by 6.2% to $304 billion, and that inflation will be pegged at about 8%, as will interest rates be pegged… October fuel increases had pleased investors and the market but the ensuing hike […]

Shell Sued by 26 Funds on Oil Reserves Overstatement

Royal Dutch Shell Plc, the third- largest publicly traded oil company, was sued by 26 Dutch pension funds over the company’s restatement of its oil reserves between 1999 and 2003. Stichting Pensioenfonds ABP, Europe’s biggest retirement plan, is among the plaintiffs and is seeking about $150 million in damages, spokesman Thijs Steger said today in […]

Mexico pouring billions into new Bullet, Suburban trains

Poster’s Comments: A sad commentary on America…. “If Mexico were to pull this off, it would be the first true high-speed rail system in the Western Hemisphere,” said William Vantuono, editor of Railway Age, a trade publication based in New York. “And as long as they can avoid a lot of political interference, their chances […]

Ocean Energy Report for 2005

Ocean energy technologies have been around for decades. But for a variety of reasons, including rising oil prices, technological advancements and the sheer grit of a handful of pioneer developers, ocean energy has made a huge splash in 2005. We’ll list this year’s ocean energy milestones and then discuss what needs to be done so […]

Mitsubishi Heavy powers up new solar-panel program

Mitsubishi Heavy Industries Ltd. plans to enter the solar power market on a major scale, based on a significant advance in its solar-cell technology and a growing demand for renewable energy sources. Officials said over the weekend that the Tokyo-based company had developed solar panels that are 50 percent more efficient than its current models. […]

TrustPower plans $500m windfarm

TrustPower plans to build New Zealand’s largest windfarm for $500 million and hopes to start using hydro energy as a backup for wind power. TrustPower chief executive Keith Tempest said the site of the new Dunedin wind farm, close to the company’s largest hydro storage lake and its associated Waipori power stations, provided a huge […]

Researchers confirm role of massive flood in climate change

Climate modelers at the Goddard Institute for Space Studies (GISS) have succeeded in reproducing the climate changes caused by a massive freshwater pulse into the North Atlantic that occurred at the beginning of the current warm period 8,000 years ago. Their work is the first to consistently model the event and the first time that […]

Making trap for greenhouse gas

New Zealand coal miner Solid Energy has joined other miners in an Australian project to capture carbon dioxide emissions and store them underground to combat global warming. “Our experiments will simulate natural geological processes that trap CO2 for up to millions of years,” said Peter Cook, chief executive of the research group conducting the project. […]

Flying Cars Ready To Take Off

Have you ever dreamt about the day you can buzz around in your very own flying machine? Well, that day may be sooner than you think. The folks at NASA have built something called cbsnews

Peak Oil And The Politics Of Global Solutions

As people become aware of sustainability issues (and especially with peak oil) they almost immediately begin to look at reducing the fossil fuel dependence in their lives, learning to grow their own food, creating forward-looking networks etc. Others also partake in awareness raising, as greater awareness levels could also prove to be a key factor […]

Oil giants turn attention to gas in quest for power

Once neglected, natural gas has won top billing from oil majors that are pouring billions into projects to meet booming demand for clean-burning fuel. Oil will continue to reign supreme because of its dominance in the transport sector, but gas will find a home at power stations, overtaking dirty coal. gulf-daily-news

Oil Cos Get Ready for 2006 Capital Spending Binge

Despite surging energy prices over the past four years, the oil industry has been cautious about ramping up its exploration and production expenditures for fear of pushing its luck. Many companies are now poised to gleefully take the plunge. In an indication that producers finally have become willing to make long-term bets on high energy […]

OPEC President: Nervous Of US Gasoline Supply Crunch

OPEC’s president said Monday he is concerned about a supply crunch in the U.S. gasoline market in the foreseeable future. Edmund Daukoro, who is also Nigeria’s oil minister, said “these problems are going to keep coming. They demonstrate the overall inadequacy of the downstream sector.” Speaking to Dow Jones Newswires, Daukoro said gasoline supplies could […]

Pace of E&P Acquisitions, Upstream Investment Expected to Pick Up

With so much money on the table and no other logical outcome, the pace of mergers and acquisitions among oil and natural gas companies will pick up again this year, and capital investment in the upstream sector will grow by at least 25%, according to a new report by energy research firm John S. Herold […]

WILL AMERICANS SACRIFICE MORE OF THEIR OWN FOR THE BANKERS?

“Current geopolitical tensions between the United States and Iran extend beyond the publicly stated concerns regarding IranNewswithViews

The Meridian Report: A Global Perspective on Energy

In a recent Meridian Report I noted that our world, including our financial markets, moves in cycles. One theme that many have written off as defunct may now be seeing a comeback or in the parlance of cycle-talk, this theme may have made a cyclical low and may now be on the rebound. The theme […]

Smallest car fuel cell yet unveiled

French carmaker PSA Peugeot Citroen on Monday unveiled the smallest fuel cell currently available for cars and pledged further research to halve the price of these environmental friendly power sources by 2010. “This technology is still at its early stages but offers a real answer for the future,” he said, as PSA unveiled the Genepac […]

Santos, Chevron, BHP Shut Oil Fields as Cyclone Nears

Santos Ltd., Chevron Corp. and BHP Billiton shut down oil fields off Australia’s northwestern coast because of Tropical Cyclone Clare, which is approaching the area. Output at Santos’s A$440 million ($331 million) Mutineer- Exeter project was halted yesterday and the vessel used to produce oil has been disconnected from the flow lines, Kathryn Mitchell, a […]

The Oil Drum: A Hard Look at Pataki’s Ethanol Proposal

As expected, Gov. George Pataki’s (R-NY) alternative fuel proposal that I wrote about earlier in the week, is largely based on increasing ethanol production and availability. As I learned from Cornell Professor Pimentel’s analysis of corn to ethanol, the Energy Return On Energy Invested (EROEI) is low (perhaps less than 1.0) and cannot be scaled […]

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