G8 ministers aim for secure global energy supplies

“We want Russia to produce more gas and consume less,” EU Energy Commissioner Andris Piebalgs, who will take part in discussions, told Moscow Echo radio in an interview late Wednesday. “We have a choice: we can play a risky game of catch-up in the coming decades or we can engage the world with a new, […]

Japan cuts Iran oil imports over nuke crisis

Plans by Japan’s top oil company to slash crude imports from Iran reflect growing concern that the Islamic republic’s supply is at risk as the nuclear crisis deepens, analysts said Thursday, AFP reported. The move by Nippon Oil is bound to get the attention of Iran’s hardline leadership, but it is doubtful it will immediately […]

Venezuela to hit heavy oil projects with natural gas bill

Venezuela is tightening the fiscal noose around oil majors that pump heavy crude in Venezuela’s Orinoco river basin as it prepares a retroactive royalty bill on associated natural gas production. “We’re preparing our claim so that the companies make a retroactive payment for this gas that they had no rights to,” said Oil Minister Rafael […]

Cheap Oil Price Era Is Over, Says Najib

Deputy Prime Minister Datuk Seri Najib Tun Razak said the era of cheap oil prices is over and the people should accept the fact that petroleum prices would continue to rise. “In other words, the cheap oil price era has ended. This is the reality that Malaysians and the world as a whole must accept.” […]

77% of Americans think alternative energy projects should be top priority

The CSI/40mpg.org survey found that 58% of Americans – including 57% of independents and 42% of conservatives – are more concerned about global warming today than they were two years ago. Also, more than three out of four Americans (76%) – including two out of three conservatives – think the federal government is not doing […]

Solar ‘competitive in five years’ says Cypress

Solar power will be competitive with mainstream electricity generation methods in five years, according to Cypress Semiconductor, which has a solar cell manufacturing subsidiary called SunPower. electronicsweekly

China Oil Price Hike May Happen In Near Future

China ought to raise domestic prices of oil, coal and other natural resources, and this could happen in the near future, said an official with the country’s top economic planning agency Thursday. China aims to cut energy consumption relative to gross domestic product by 20% by 2010. nasdaq

Nuclear Power to be questioned in a Peak Oil Context

There is increasing awareness that energy prices are not going to get any cheaper. Britain is currently on the edge of a gas crisis, threatening industry, while oil prices have settled above $60 a barrel. Chief Executives at both Chevron and Royal Dutch Shell have said the era of easy oil is over. The claims […]

Bartlett: Peak Oil in Congress – one year on

This is a transcript of a speech given before the US House of Representatives on 14th March 2006. The SPEAKER pro tempore. Under the Speaker’s announced policy of January 4, 2005, the gentleman from Maryland (Mr. /Bartlett/) is recognized for 60 minutes as the designee of the majority leader. Mr. BARTLETT of Maryland. Mr. Speaker, […]

UK Gets its First Retail E85 Pumps

Morrisons supermarket opened the UK greencarcongress

Decline and Fall

For all her prescience, it seems likely that Tuchman, who died in 1989, would have been stunned by the Brobdingnagian dimensions of American folly during the last six years. Just over twenty years after she wrote about the Constitution’s miraculous endurance, it’s hard to figure out how much of the democratic republic created by our […]

Canada, The US, and Oil – An Increasingly Bizarre Relationship

The issue is back again. This time a trio of Canadian research organizations has released a harsh report entitled Fuelling Fortress America , that calls into question the basis of Canada ’s energy relationship with the US. The story goes back to the 1980s when the Mulroney government dismantled Canada ’s National Energy Policy by […]

Nippon Oil to Cut Iran Imports 15 Pct in 2006

Japan’s largest refiner, Nippon Oil, said it will reduce its imports from Iran by 15 pct in 2006, citing the increased risk of doing business with that country, according to a report in the Financial Times. Nippon Oil chairman Fumiaki Watari was quoted as saying in Tokyo: ‘We have started reducing the percentage of Iranian […]

Global Warming Reaches ‘Tipping Point’

Human-fueled global warming has reached a “tipping point,” according to a new survey of scientific research that found warming would continue even if greenhouse gas emissions halted immediately. “It would keep on warming even though we have stopped the cause, which is greenhouse gases from the combustion of fossil fuels,” David Jhirad of the Washington-based […]

Coal Could Be the Answer, Airline CEO Tells Students

David Neeleman would go to bed each night clutching a piece of coal if he could. The airline entrepreneur says he needs the black soot to pull his $1.7 billion company out of the red… Instead of scaling back on costs, Neeleman said he is investing in methanol research. Methanol is fuel made from coal […]

It’s not easy being green

John Ivanko uses wind power, solar power, and a wood stove to meet the energy needs at his bed-and-breakfast, Inn Serendipity. He serves food from his organic garden and composts the leftovers. Even the bath tiles at the inn were chosen with the environment in mind — they were produced from recycled windshield glass. As […]

In A Year, It’ll Be like Telephone Poles

Wind power is sweeping New York State. From Staten Island testing it on top of the old Fresh Kills Landfill to a TOD NYC original idea of Lady Liberty’s torch being powered by wind to wind farms in the far north of the state near Lake Ontario, Wind is popping up all over the state. New York State is poised to become one of the national wind power leaders. Currently it has an installed capacity of 186MW, with an additional 487MW in various stages of planning and an estimated potential of 4,070MW at peak capacity. (AWEA). But realizing that potential has some hurdles.

The Oil Drum NYC

Hybrids: Seven worries, seven answers

Sometimes buyers avoid hybrids for the wrong reasons. But, for some buyers, their worries are well founded. NEW YORK (CNNMoney.com) – When they’re thinking about buying a hybrid vehicle, people sometimes worry about stuff that’s just silly. Sometimes, though, they’re absolutely right to be concerned. In a survey done in cooperation with Harris Interactive, Kelley […]

The Oil Drum: Breaking News, Bartlett on CNN at 4:30 EDT

CNN’s The Situation Room anticipates airing a story about Congressman Roscoe Bartlett and peak oil in conjunction with releasing some results from a new poll about energy today at approximately 4:30 pm Eastern.more after the jump to The Oil Drum.

The Oil Drum: The Polar Ice Cap Fails to Re-form

Sea ice in the Arctic has failed to re-form for the second consecutive winter, raising fears that global warming may have tipped the polar regions in to irreversible climate change far sooner than predicted. I wanted to check out the data for myself (not trusting the spin of headline writers), and I found the absolutely […]

GMP Introduces ‘Green Rate’

Customers of Green Mountain Power Corp. now have the choice of buying all or part of their electricity from renewable resources… Andrew Perchlik, executive director of Renewable Energy Vermont, said the program will not only help support renewable energy in Vermont and New England but also will insulate customers against rate shock in case of […]

Australia Oil Output Peaks on Slippery Slope

Australian oil output may be basking in a three-year boom but shrinking fields, tougher geology and speedy development technology will force projects to peak quicker and decline faster than expected. A flush of new fields will make Australia the biggest contributor to Asia-Pacific’s production growth for a second year running, giving regional refiners — who […]

Norway Oil Output to Be Cut 30% for Several Days From Thu

Norway’s crude production will be cut almost 30% from Thursday for several days as two giant oil fields will be shut down for repairs, according to figures given by the platforms’ operators. Both Norsk Hydro ASA’s (NHY) 130,000 barrel a day Troll C and ConocoPhillips’ (COP) 400,000 b/d Ekofisk will be shut down for around […]

Can consumption be more conspicuous?

THERE’S something peculiarly egregious, something antagonizing about the 2007 Mercedes-Benz GL, the company’s new full-size, 15-mpg sport-utility vehicle, which might be described as a Cadillac Escalade with a hankering for Czechoslovakia. For one thing, it goes to show that, even though the full-size SUV market has fallen off dramatically in the last year, there are […]

A Supergrid for Europe

A radical proposal for a high-tech power grid could make possible the continent’s vast expansion of renewable energy sources. Europe has big plans for greatly expanding its renewable energy sources, but there’s a problem: weak connections between a patchwork of national power grids. The situation is particularly problematic for wind power, because smaller, isolated grids […]

Natural Gas Terminal Off Coast Is Proposed

CALIFORNIA – Australia’s Woodside Energy, hoping to overcome environmental and safety concerns, is expected to unveil plans today to place a liquefied natural gas terminal in the Pacific Ocean about 22 miles south of Malibu. It would be the latest of half a dozen proposals to meet California’s growing demand for clean-burning energy by importing […]

NORWAY: Wind power support vow

Minister of Petroleum and Energy Odd Roger Enoksen said there was no reason to hesitate to invest in wind power, even if government support schemes are not yet in place. Enoksen told parliament on Wednesday that the ministry was working frantically to announce support schemes shortly. Enoksen had been quizzed by the opposition on what […]

Oil executives say mergers not raising U.S. fuel prices

WASHINGTON – Top executives from the country’s largest oil companies rejected arguments Tuesday that size has allowed them overwhelming market power to force up gasoline and other fuel prices. The executives, appearing before the Senate Judiciary Committee, each said that about a dozen industry mergers over the past decade have allowed U.S. companies to improve […]

Eating up the miles

The food industry has been ordered to cut the distance our food travels from grower to shop. Our correspondent discovers how those food miles mount up We will travel a long way for lunch these days. We think nothing of driving for a couple of hours to break bread with friends or to visit a […]

Preparing NYC For the Coming Energy Crisis

President Bush’s belated admission that we are addicted to oil is correct in part, but does not go far enough. We will have to break the addiction, not just to Middle Eastern oil, but to all oil, and sooner than expected. If we deal with the other parts of the energy dilemma he didn’t address, […]

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