Iraqi oil metering system mysteriously delayed

A U.N.-led watchdog said on Thursday it was trying to find out why Iraq’s installation of metering equipment to measure oil production as a safeguard against smuggling has been delayed. The delay comes amid reports that Iraqi oil is being diverted from the marketplace to fuel the insurgency crippling the country’s reconstruction.AlertNet

Shell to Sea campaigners plan public meeting in city

The ongoing struggle against the Shell oil corporation by the people of Co Mayo will be the focus of a public meeting in Belfast next week. The What’s up with Shell event will bring together people directly involved in the Shell to Sea campaign and supporters in Belfast. Last June, the Rossport Five were jailed […]

Peak Oil in the U.S. Congress

Mr. BARTLETT of Maryland. Mr. Speaker, sometime ago, our Department of Energy commissioned a study with SAIC, Science Applications International Corporation, to do a study on the peaking of world oil production, impacts mitigation, and risk management. This very prestigious scientific organization took some time to complete this study; and when they completed it, they […]

Terrorism and Oil Woes Top List of Biggest Financial Worries

Build your bomb shelters and buy a bullet-proof vest. Hundreds of business leaders, economists and institutional investors from around the world have ranked the top 10 financial risks for the global economy, ranging from oil-supply shocks to avian flu, from hedge-fund collapses to climate change. The biggest risks: changes to world oil supply and oil […]

Possible Power Shortages Within 5 Years – CERA

The electric power industryCERA

Saudis Begin Pumping Light Crude From Haradh Oil Field

Saudi Arabia began pumping light crude oil Wednesday from the Haradh oil field ahead of schedule, state oil company Saudi Aramco (SAMR.YY) said in a statement on its Web site…. In the statement, Saudi Aramco said 520,000 b/d of treated seawater will be injected into the field each day to maintain reservoir pressure.Schlumberger

Woes mount for oil firms in Ecuador

No one said running a multinational company was easy. But for energy firms that depend on the steady flow of oil and gas from remote, often unstable, parts of the world, just keeping the pipelines secure can be a feat. …Protecting oil installations here calls for robust security measures, but recently publicized contracts mapping oil […]

The hard truth about oil

NEW YORK – Presidents going back to Richard Nixon have been talking about energy independence. It’s one of those vote-getting platforms that no one could possibly be against, like world peace, mom and apple pie. It gives us the illusion of control over our energy destiny, which we don’t have, at least in a fossil-fuel […]

Sustainability 2.0

Permaculture Activist Andrew Millison On Creating The Modern “EcoHood” EcoHood, n: permaculture retrofit of a mid- to low-income neighborhood with a high potential for ecological sustainability. What’s wrong with the 1960s vision of moving toward a more sustainable lifestyle by growing your own food and raising kids with a few (or a few hundred) of […]

Saudi retains oil power as Bush tries to break free

LONDON: US President George W Bush should be careful about wishing to kick America Saudi Oil Minister Ali al-Naimi chose his moment carefully to respond to Bush

New money changes ethanol industry

The bulls on Wall Street have developed a taste for midwest corn. They’re investing in corn based ethanol. That’s both good and bad for Minnesota farmers. The state is a leader in building farmer owned ethanol plants. But now that model is feeling pressure from the corporate world. Farmers are concerned it means a good […]

Plenty of oil, gas to meet demand: Shell

LONDON, Wed: Royal Dutch Shell plc chief executive officer Jeroen van der Veer said the world has plenty of oil and gas to meet demand, with future supplies aided by development of so-called unconventional reserves such as heavy-oil projects. Unconventional oil and gas projects include heavy oil, oil produced from shale and natural gas drawn […]

Ukraine Ready to Denounce Natural Gas Deal with Gazprom

MOSCOW – Ukrainian authorities indicated on Wednesday, Feb. 8, that they are ready to denounce a natural gas agreement with Russia that was signed last month amid persistent differences in the way Moscow and Kiev believe the agreement should be implemented. Prime Minister Yuri Yekhanurov, opening a government meeting on Wednesday, suggested that Russia has […]

Geothermal pump gives free heat

MAINE – Free heat from a geothermal heat pump warms my kitchen as I write this commentary. For every dollar of electrical energy that goes into the heat pump, I get 3.6 dollars of electrical heat. That’s 2.6 dollars of free heat. And by purchasing clean green power from hydroelectric dams and wind power, it’s […]

Warm January saved crippled gas supply

American consumers are paying for the most expensive winter on record. But consider how much worse it might have been. When hurricanes Katrina and Rita ripped through the heart of the nation’s offshore energy-producing region last year, natural gas experts feared the worst December blew in cold. Prices soared. Then came the warmest January since […]

World Ethanol Demand to Test Brazil Cane Industry

SAO PAULO – Brazilian sugar cane mills, the world’s top producers, have visions of motorists from New York to Tokyo filling their tanks with ethanol, making the biofuel a full-fledged world commodity and making local producers as rich as Saudi sheiks. But many observers doubt Brazil’s ability to become a reliable international ethanol supplier. A […]

When the oil runs out

Are we heading for the end of civilization — or are the warnings of a coming apocalypse just another case of Chicken Little? The Four Horsemen have upgraded to SUVs. Not the hybrid ones either, but those gas-guzzling, bunny-crushing behemoths that Arnold Schwarzenegger favours. In oil-rich Babylon, whores are so thick on the ground that […]

Why Is Bush Running Away From Oil?

In his State of the Union speech, President Bush asked America to “move beyond a petroleum-based economy” because he evidently buys into “peak oil” theories that we inevitably must run out of oil. Since we are taught to believe that oil is “fossil fuel” and there had to be a finite number of dinosaurs, inevitably […]

Ethanol too costly to cure oil addiction

Ethanol, touted in President George W. Bush’s State of the Union speech as a partial cure for America’s oil addiction, is the product of another pernicious habit: subsidizing farmers. From the beginning, use of ethanol has been sold as a way to lessen the U.S. dependence on foreign oil, which as Bush said in the […]

Re-thinking the world’s economic future

In my book Plan B 2.0: Rescuing a Planet Under Stress and a Civilization in Trouble, I explain why I believe that our global civilization is on an economic path that is environmentally unsustainable, a path that is leading us toward economic decline and eventual collapse. Let me briefly recap the central argument. Plan B […]

Why OPEC Won’t Turn Off the Oil

President Bush had barely finished explaining how his plan to spend less than a billion in new money would end U.S. addiction to Middle Eastern oil before Saudi Arabia and the rest of OPEC fired back. If the U.S. reduced its dependence on Middle Eastern oil, the Organization of Petroleum Exporting Countries would be forced, […]

The Rockefeller File *The Great Energy Swindle*

Having set the wheels in motion for establishing international controls over food and population, the Rockefellers then made their move in the all-important energy field. As Dr. Medford Evans has noted: “Energy makes the world go RINF

CERA: SEC should use SPE reserves definitions

Cambridge Energy Research Associates recommends that the US Securities and Exchange Commission rely on Society of Petroleum Engineers (SPE) methods for oil and gas reserves definitions. The SEC regulates reserves disclosures by companies whose shares trade in the US. Currently, the SEC applies standards for estimates of “proved reserves” that have changed little since 1978 […]

New Report Links Renewable Energy to Climate Change Solutions

Renewable energy must play a major role in the global energy supply to meet the increasingly serious environmental and economic threats of climate change, according to a new report from the Renewable Energy Policy Network for the 21st Century (REN21). Changing Climates, the Role of Renewable Energy in a Carbon-Constrained World cites an UNEP

EIA: US Oil Demand on the Rise

In the just-released February 2006 edition of its Short Term Energy Outlook (STEO), the DOE greencarcongress

Pew Center Issues Climate Change Plan

The Pew Center on Global Climate Change has released a comprehensive plan to reduce greenhouse gas emissions in the United States. The Agenda for Climate Action identifies both broad and specific policies, combining recommendations on economy-wide mandatory emissions cuts, technology development, scientific research, energy supply, and adaptation with critical steps that can be taken in […]

OEMs Bullish on Biodiesel, But Where

At the 2006 National Biodiesel Conference and Expo, which concludes today in San Diego, California, representatives of three automakers stepped forward to express their views on the near future of biodiesel fuel in their diesel-powered cars and trucks. William Craven, Manager, Regulatory and Technical Affairs at DaimlerChrysler, gave one of the strongest endorsements of both […]

Ford Announces

At the Chicago Auto Show, Ford Motor Company said that it will launch the beginnings of a greencarcongress

MIT Researchers Fired Up About Battery Alternative

Work at MIT’s Laboratory for Electromagnetic and Electronic Systems (LEES) holds out the promise of the first technologically significant and economically viable alternative to conventional batteries in more than 200 years. Joel E. Schindall, the Bernard Gordon Professor of Electrical Engineering and Computer Science (EECS) and associate director of the Laboratory for Electromagnetic and Electronic […]

Interior Dept. Proposes Drilling in Gulf

The government plans to open a large area of the eastern Gulf of Mexico to oil and gas leasing despite strong opposition from Florida officials. The Interior Department’s leasing proposal released Wednesday would encompass more than two-thirds of an area known as Lease 181, while continuing to ban oil and gas development in waters within […]

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