Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


News from March 2006

High Oil Prices Masking Drop in Slope Production

High Oil Prices Masking Drop in Slope Production thumbnail

High oil prices have sent state revenues soaring, and that’s good news for the state budget. The bad news, however, is that oil production from North Slope oil fields is declining faster than expected. In other words, the good times for the state budget may not last, particularly if oil prices take a dip, something […]


More efficient use of natural gas urged

More efficient use of natural gas urged thumbnail

Lobbyist wants state to single out properties that are wasteful Next month, about 14,000 households in Kansas It


Issue – Gas prices: Can’t live with ‘em, can’t live without ‘em

Issue – Gas prices: Can’t live with ‘em, can’t live without ‘em thumbnail

Unrest in Nigeria, Iran trigger local prices’ fluctuation SWEETSER – Debbie Purvis has been seeing more of her friends lately. They come not only for conversation and a friendly face, but also for gas that’s a few cents cheaper per gallon. “I have some friends in Marion; they know I work here, and they know […]


Reducing the juice

Reducing the juice thumbnail

Many are resigned to 72% rise in rates, while others fear they’re unaffordable With a 72 percent electricity price increase from Baltimore Gas and Electric a few months away, Scott Sweeney is preparing the same way as many Marylanders: by doing nothing. “I’m taking a sit back, wait-and-see attitude,” he said. “I know it’s coming, […]


Peak Oil Paradigm Shift: The Urgent Need for a Sustainable Energy Model

<em>Peak Oil Paradigm Shift</em>: The Urgent Need for a Sustainable Energy Model thumbnail

Instead of a doomsday scenario, Peak Oil Paradigm Shift author Bilaal Abdullah paints a possible future without oil and energy wars. Of the two-dozen or so peak oil subject books and articles I’ve read, Peak Oil Paradigm Shift stands apart from the others, because it isn’t a ‘doomsday’ book. Granted, it may be difficult to […]


One fortuneteller forecasts boom, another says bust

One fortuneteller forecasts boom, another says bust thumbnail

The Next Great Bubble Boom vs. The Coming Economic Collapse Harry Dent proclaims in his latest book, The Next Great Bubble Boom, that over the next four years we are going to see one of the greatest booms in history. While predicting economic trends can be a risky business indeed, Dent, author of three previous […]


Peak Oil’s Effects on Recreation and Leisure

Peak Oil’s Effects on Recreation and Leisure thumbnail

The rise in oil prices and the inevitable event of global oil production peak will affect the recreation and leisure services field severely. Travel and tourism will be devastated to a point that will reflect the era of railroads, steamboats, and canals. Retail and the recreation and leisure services industries will have to become much […]


A growing role for alternative energy sources

A growing role for alternative energy sources thumbnail

As sun streams through the windows into Jenny Garmon’s chilly townhouse, she goes about her morning routine dressed in a fleece jacket, long-sleeve shirt, jeans and slippers. When the bill from Baltimore Gas and Electric hit $150 in January, the Piney Orchard woman and her husband, Chris, cringed and pledged to keep the thermostat around […]


Peak Oil is Now Official

Peak Oil is Now Official thumbnail

Mexico’s supergiant Cantarell oilfield is now in decline. Can the rest of the world make up the shortfall? A recent Kight Ridder article by Kevin Hall points out that world’s number two oilfield, Mexico’s supergiant Cantarell, has peaked. Cantarell is second only to Saudia Arabia’s Ghawar oilfield and has been pumping millions of barrels of […]


Budget Vote Revives Bid for Arctic Oil Drilling

Budget Vote Revives Bid for Arctic Oil Drilling thumbnail

A last-minute deal to secure the vote of Sen. Mary Landrieu (D-La.) on a $2.8 trillion budget plan has given new life to the Republican drive to open Alaska’s Arctic National Wildlife Refuge to oil drilling. The budget blueprint for fiscal 2007, which will begin in October, includes a $10 billion Gulf Coast restoration fund […]


Corporations Stiffing Government on Fines

Corporations Stiffing Government on Fines thumbnail

When a gasoline spill and fiery explosion killed three young people in Washington state, officials announced a record penalty against a gas pipeline company: $3 million to send the message that such tragedies “must never happen again.” When nuclear labs around the country were found exposing workers to radiation and breaking other safety rules, assessments […]


Leaked plan: G8 Seeks to Promote ”Trillions” of Dollars of Investment in FF

Leaked plan: G8 Seeks to Promote ”Trillions” of Dollars of Investment in FF thumbnail

Energy Security is one of three core themes scheduled for discussion at the upcoming Saint-Petersburg Summit and it will presumably be the core issue on the table when G8 Energy Ministers meet on March 15th and 16th in Moscow. Rather than use the G8 process as a means to overcome the world’s addiction to oil […]


Biofuels won’t power world alone

Biofuels won’t power world alone thumbnail

..More importantly, instead of fear and war mongering and trying to prepare us for “Long Wars” because… “we need the energy,” (why are we in Iraq?) Mr. Woolsey should be honest with the HCEC and America’s farmers by educating them about peak oil and how we need to start re-localizing markets and supply chains so […]


Fear and Loathing in Siberia

Fear and Loathing in Siberia thumbnail

Vladimir Putin, like Russia’s double-headed imperial eagle, has two faces. Both have lately been very much in evidence. At a meeting of G8 energy ministers in Moscow last week, the Russian president showed his Western visage, presenting Russia as a reliable energy partner and playing the superpower alongside the big hitters of the democratic, industrialized […]


U.S. confers with allies on China energy efforts

U.S. confers with allies on China energy efforts thumbnail

The United States, Japan and Australia yesterday discussed China’s “aggressive” buying of energy assets in Africa and Latin America, the first time China’s “energy diplomacy” has been examined at an official international forum. Secretary of State Condoleezza Rice and the foreign ministers of Japan and Australia, Taro Aso and Alexander Downer, were unable to agree […]


US military eyes coal as fuel source

US military eyes coal as fuel source thumbnail

The Pentagon is trying to persuade investors and the energy industry to embrace an 80-year-old technology to turn coal into liquid fuel to power planes, tanks and other battlefield vehicles. Officials have been crisscrossing the country, meeting energy companies and state government officials to sell them the idea. At the same time, military researchers have […]


Deep pockets in Gulf of Mexico

Deep pockets in Gulf of Mexico thumbnail

Flush with profits, companies spend billions to hunt for crude and drill more wells Oil companies flush with the largest profits in their corporate lives — $36.1 billion for Exxon Mobil last year, $14.1 billion for Chevron — are spending billions to hunt for crude oil and drill more wells in the gulf, even as […]


Security Council moves toward Iran nuclear draft

Security Council moves toward Iran nuclear draft thumbnail

The Security Council is inching toward agreeing on a revised Franco-British draft urging Iran to suspend uranium enrichment, diplomats said on Friday as China suggested that Tehran be given up to six weeks to do so. The 15-member council met for over one hour on Friday to review the revised text, which incorporated comments made […]


AMERICA’S APPETITE FOR OIL WILL HAVE TO BE CURBED

AMERICA’S APPETITE FOR OIL WILL HAVE TO BE CURBED thumbnail

Conservatives have denounced the thriller “Syriana,” a film that explores the Machiavellian politics of Mideast oil. Pundit Charles Krauthammer, for example, says the movie exports “the most vicious and pernicious mendacities about America to a receptive world.” The film, for which George Clooney won an Oscar for Best Supporting Actor, is definitely a Hollywood version […]


Dana Corporation Develops New Method to Extract Hydrogen

Dana Corporation Develops New Method to Extract Hydrogen thumbnail

Dana Corporation announced that it has successfully tested a new application to recover hydrogen from methane gas at an extremely high rate. The propriety process, made possible with Dana’s AtmoPlas microwave atmospheric plasma technology is unique because the hydrogen recovery rate could potentially exceed 95 percent. These results make Dana’s AtmoPlas technology suitable for fuel-cell […]


Gas prices, explained

Gas prices, explained thumbnail

Sen. Herbert Kohl didn’t beat around the Bush when the Senate Judiciary Committee grilled U.S. oil company executives Tuesday on the price of gasoline and other fuels. How, the Wisconsin Democrat asked, can oil companies be paying higher prices for oil and still make record profits? The senators weren’t buying all that. Sen. Arlen Specter, […]


Energy Conservation Moving Up Pentagon’s Agenda

Energy Conservation Moving Up Pentagon’s Agenda thumbnail

DID has covered contracts that begin to illustrate the US military’s massive requirement for fuel, and also noted measures like wind power installations, the US Navy’s alternative energy projects, R&D efforts like camouflage solar structure surfaces from Konarka, Solar Integrated, et. al., the installation of fuel cells, and more. And how about this solar parking […]


Our way of life is running on empty

Our way of life is running on empty thumbnail

WHAT would happen to our economy if the world started running out of oil? Imagine 40 per cent of Ireland unable to heat their homes, or petrol unison


Plug Power and Honda Moving Ahead

Plug Power and Honda Moving Ahead thumbnail

Plug Power and Honda have signed two agreements to continue expanding the companiesgreencarcongress


‘Enough is enough’: wind farm builder threatens to quit UK

‘Enough is enough’: wind farm builder threatens to quit UK thumbnail

One of the UK’s largest wind farm developers has threatened to pull out of the country as a storm blows up over the Government’s plans for renewable energy. A logjam in the planning process for developers means that many wind farms will not be operational for a decade. Unless financing rules are changed, Wind Energy […]


Biofuels Plant Announcement

Biofuels Plant Announcement thumbnail

A French company will build the world’s largest biofuel plant in northeast Indiana that will produce more than 80 million gallons of biodiesel each year. Louis Dreyfus Agriculture Industries will begin construction on the $135 million facility near Claypool in Kosciusko County this spring. wane


Liquid fuel conversion renews coal’s promise

Liquid fuel conversion renews coal’s promise thumbnail

And Denver-based Rentech Inc. aims to be at the forefront of a unique alternative technology. The process would allow the company to convert gas – squeezed out of Colorado’s abundant coal – into ultraclean diesel, naphtha and jet fuel. That has never been done in the United States, and Rentech wants to be the first […]


Iranian oil bourse hits wall

Iranian oil bourse hits wall thumbnail

As the nuclear standoff pitting Iran against the West continues, some conspiracy theorists are more focused on another plan that the Middle Eastern nation is pursuing. But they are jumping the gun if they still figure Iran is within days of launching a new international oil exchange that would sell its own and other Middle […]


Gulf platform damage is still being assessed

Gulf platform damage is still being assessed thumbnail

‘We have a long way to go’ on tallies It’s unlikely that the full extent of damage to oil and gas platforms in the Gulf of Mexico will be known, let alone repaired, before the start of next hurricane season. Earlier this month, fewer than half of the 3,050 platforms that were in the paths […]


Peak Oil makes for ‘Black Monday’ at the Movies

Peak Oil makes for ‘Black Monday’ at the Movies thumbnail

It’s always fascinating to try to discern the patterns of how Hollywood reflects what’s moving in the zeitgeist. Angst about nuclear power and weapons was transformed into mutant blobs and monsters set on infecting or ingesting the population. Fear of Communism was made flesh in pod-people, who would suddenly act and think differently and subversively, […]


« Previous PageNext Page »



Oil News Categories


Recent Board Topics


Archive


LATEST NEWS HEADLINES


PO Real Time

No tweets available