Ethanol saves energy – report

A new study published in the magazine Science has indicated that making motor fuel from corn can save energy. For years, a debate has raged over whether turning corn into alcohol really saves fuel, those opposed to the wider use of ethanol as a motor fuel arguing against that the process of turning corn into […]

Gas prices may hit record

January is usually a month when filling up your car or SUV is fairly painless, when prices are as cheap as they’ll be all year. Not this time. Average California prices have risen 12 cents in the past week — 29 cents since Christmas — and are 54 cents higher than a year ago, fueled […]

NASA scientist claims he’s been silenced

NASA’s top climate scientist said the Bush administration has tried to stop him from speaking out since he gave a lecture in December calling for prompt reductions in emissions of greenhouse gases, The New York Times said. In an interview with the newspaper, James Hansen, director of NASA’s Goddard Institute for Space Studies, said that […]

Sea energy to power Britain

Surrounded by some of the world’s roughest seas, Britain could generate a fifth of its electricity by harnessing the power of tides and waves. The potential of marine energy is revealed in a report by the government’s energy advisers. Wave and tidal power could replace the electricity that is currently produced by UK nuclear power […]

Kuwait reserves at 95bn barrels

Kuwait’s oil minister said the state oil company was best placed to judge the size of the nation’s oil reserves, but he stopped short of denying a report they were less than half the size officially stated. Industry newsletter Petroleum Intelligence Weekly (PIW) reported earlier this month it had seen internal Kuwaiti records showing the […]

The Clusterfuck Nation Chronicle

Practically everyone I know spends hours each day wringing his hands over George W. Bush becoming a fascist despot. But Bush is not the one to worry about as far as that goes — anymore than Louis XVI was capable of acting like Napoleon Bonaparte. What they had in common was something different. Their regimes […]

”A new era in relations between India and Saudi Arabia”

At the end of King Abdullah’s 4 day visit , India and Saudi Arabia signed an agreement to develop strategic cooperation in the energy sector and in other areas with a view to “combating and eradicating the threat of terrorism”. India will receive increased supplies of crude oil. The energy deal will be realized by […]

EU Energy Chief Says Europe Must Cut Consumption

Europe’s biggest challenge if it wants to reduce future dependency on external energy supplies is to cut oil consumption for transport, EU Energy Commissioner Andris Piebalgs told Reuters on Friday. Piebalgs is working on proposals for a common EU energy policy and said he hopes that measures to encourage manufacturers to boost vehicle efficiency will […]

OPEC members’ domestic turmoil could cause oil crisis – analysts

Kidnappings in Nigeria, sabotage in Iraq, and Iran’s nuclear programme have combined with huge demand from emerging countries to spark fears of an oil crisis, analysts said. ‘World producers need to bring another one and a half mln barrels per day on line every year to meet rising demand,’ said Bruce Evers, an analyst with […]

Oil Demand to Be Spurred by Asia Growth, Saudi’s Al-Naimi Says

Jan. 30 (Bloomberg) – Saudi Arabia, the world’s largest oil producer, said economic expansion in China and India will spur additional demand for energy this year. “Growth, economic growth” is driving demand, Ali al-Naimi, Saudi Arabia’s oil minister, told reporters late yesterday in Vienna, where OPEC will be meeting to decide about crude production levels. […]

Pain at the Pump Doesn’t Faze New-Car Buyers

The consensus was sacrifice, the need for Americans to accept that sharing bounty and limiting resource consumption will be necessary parts of their future, if they want to live in peace. The reality was something different, highlighted by panel discussions, news conferences and automotive executive interviews held in conjunction with the 64th annual staging of […]

West at risk of losing oil money

DAVOS, Switzerland With Kuwait, Abu Dhabi and Qatar saying they plan to channel more of their revenue from oil sales into Asian countries to lift returns and strengthen ties with their fastest-growing customers, concerns are growing that the United States and Europe will lose investment. Officials from the Gulf monarchies, which sold about $300 billion […]

Electricity and Natural Gas Prices Far Outpace Inflation

MADISON, Wis. – Electricity and natural gas prices in Wisconsin far outpaced the rate of inflation over the last decade, with the sharpest spikes coming over the last five years, an Associated Press review found. Wisconsin’s five largest utilities have asked state regulators for nearly $1.4 billion in annual electric and natural gas rate increases […]

US Farmers Big Winners in Booming Ethanol Business

CHICAGO – There’s an even bigger winner in the green fuel revolution than the environment — US farmers. They’ve found themselves at the center of a booming industry, with corn-based ethanol poised to make up 6 percent of US gasoline consumption by 2012, about double the current level. Much of the growth is tied to […]

Georgia receiving gas from three sources at a time – minister

TBILISI, January 30 (RIA Novosti, Marina Kvaratskhelia) – Georgia went some way to easing its energy crisis Monday, when the fuel and energy minister said that the country was importing natural gas from three countries for the first time in over three decades. “For the first time in the last 35 years, Georgia is receiving […]

Fuel costs drive Alaskans to cut their own firewood

ANCHORAGE – Cutting your own firewood is once again fashionable in Interior Alaska, where residents are firing up their chain saws in hopes of slashing home heating bills this winter. The Alaska Department of Natural Resources this fall expanded its cut-your-own firewood program to open up more state land in the Interior for people willing […]

‘Fuel poverty set to increase’

At least 250,000 UK households will be pushed into fuel poverty if British Gas increases its prices by 15% this year as expected, it has been claimed. Predicted sharp rises in energy bills mean Government targets for cutting numbers of people who struggle to pay for heating will not be met, according to a new […]

OPEC members downplay cutting oil output

Iran, Venezuela seen backing off talk of lower production VIENNA, Austria – OPEC has no obvious reason to cut its oil output, the group

Don’t get burned

Alternative gas company deals may sound good, but could be accompanied by hidden fees CHICAGO – If it looks too good to be true, it probably is, even when it comes to heating your home, according to the Citizens Utility Board, a Chicago-based nonprofit company representing the interests of residential utility customers in Illinois. Nicor […]

Squeezing the Last Drop of Oil

Companies used to leave plenty of oil within wells and move on. Now technology is allowing adventurous outfits to get at what was once inaccessible Until a few years ago, few oil companies bothered to extract every last drop from their fields. That might seem surprising, given the ever-rising price of what the theme song […]

Exxon Mobil posts record profit of $10.7 billion

Fourth-quarter earnings top targets for world’s largest oil company IRVING, Texas – Exxon Mobil Corp. posted record profits for any U.S. company on Monday Exxon

The Oil Drum: China’s Consumption of Concrete (a mindblowing graph actually)

Want to get worried about the growth in China really quickly? Have a look at this graph. China used one gigaton of cement last year. Compare that to the US, which used one tenth that much. Much more as always after the jump to The Oil Drum.

Cheap flight backlash

Michael Gibson’s new year’s resolution was a tough one, but nothing to do with giving up cigarettes, alcohol or junk food. He has decided to stop flying. ‘I just realised that all my other efforts to be green – recycling, insulating the house, not driving a giant 4×4 – would be totally wiped out by […]

AA boss attacks Chapter 11 law

American Airlines boss Gerard Arpey has turned on his own government’s bankruptcy protection law, which, he says, distorts competition and keeps ailing carriers in business. His remarks, which echo longstanding criticism from BA, come at a time when American and BA are seeking to forge stronger ties. Speaking from American Airline’s headquarters at Fort Worth, […]

Eco warriors find legal way to ground the 4×4 motorist

ECO-VIGILANTES across northern Europe are fighting the growing popularity of 4×4s The movement began in Paris late last year and has since spread to other cities in France, Belgium and Holland. Protesters in Italy, Spain and Germany have shown interest in starting similar campaigns. Times of London

Curbing climate change ‘unlikely’

Rising concentrations of greenhouse gases may have more serious impacts than previously believed, a major new scientific report has said. The report, published by the UK government, says there is only a small chance of greenhouse gas emissions being kept below “dangerous” levels. “For achieving the two Celsius target with a probability of more than […]

Pollution Limits Sun in China

China’s skies have darkened over the past 50 years, possibly due to haze resulting from a nine-fold increase in fossil fuel emissions, according to researchers from the U.S. Department of Energy. The researchers, writing in this month’s edition of Geophysical Research Letters, found that the amount of solar radiation measured at more than 500 stations […]

World Economic Forum: No Looming Energy Crisis

There are adequate world energy supplies, and the market and governing energy institutions will be able to absorb energy shocks, according to energy chief executives speaking at the World Economic Forum annual meeting that concluded today in Davos. More than 2,300 participants from 89 countries spent five days seeking workable responses to the global challenges […]

MALAYSIA WANTS TO BE WORLD’S BIGGEST BIODIESEL PRODUCER

Malaysia, already a major producer of palm oil, now aims to be the world’s biggest producer of biodiesel, says Deputy Prime Minister Najib Razak. Najib also thanked Australian and Italian investors who contributed 30 per cent equity for the setting up of the biodiesel plant that was said to be the first commercial biodiesel plant […]

Connecticut DEP Presents Clean Diesel Plan

The Connecticut Department of Environmental Protection (DEP) has presented a Clean Diesel Plan to the state General Assembly that would significantly reduce the emissions of PM 2.5 diesel particulate matter from buses and construction equipment. The DEP concluded it would cost approximately $20 million to retrofit or replace transit buses, school buses and construction equipment […]

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