Will technology save us?

There’s an older song, a one-time favorite of the college radio circuit by a group called R.E.M. titled “It’s the end of the world as we know it (and I feel fine).” That’s kind of how I feel after reading a long story about peak oil groups and what they’re saying is going to happen […]

The Department of Defense meets peak oil

Among the largest consumers of energy in the world is the US Department of Defense (DoD). It uses about 4 percent of the fuel consumed in the US . Planes, ships, tanks, trucks, bases One report, however, does not change an institution the size of DoD. It is doubtful that, prior to last week, more […]

Worse Than a Fool

Among the many peculiarities of this president is his utter refusal to listen to those within his own orbit in the oil realm. It’s understandable, if unacceptable, that Bush would ignore the warnings of environmentalists regarding Peak Oil and global warming, but why would he tune out the words of his gummy ally Tony Blair, […]

Venezuela to Cut Size of Oil Drill Areas

CARACAS, Venezuela – Private oil companies that won 32 operating contracts in the 1990s will see drilling acreage included in the original contracts cut by 60 percent under a proposed law, Oil Minister Rafael Ramirez said Thursday. Ramirez said the contracts cover 15,500 square miles, but will be reduced to 6,000 square miles because most […]

Home Fuel Bills Show No Sign of Mild Winter

Americans have spent more money heating their homes this winter than in a generation, despite mild weather that has kept down the consumption of heating fuel. State and local governments have enlisted Boy Scouts to insulate homes, offered tax breaks on fuel efficient products and even recycled newspaper to make insulation to warm the homes […]

Sweden Plans Wood-fueled Future

Sweden has set itself the goal of achieving total independence from oil by 2020. The country is already covering many of its energy needs with renewable resources such as bioethanol to fuel its cars and wood to fire its power plants. If Swedish entrepreneur Per Carstedt is right, the next big energy revolution will really […]

The Lithium-Ion Car

Advances in lithium-ion battery technology over the last few years have experts and enthusiasts alike wondering if the new batteries may soon make high-performance electric vehicles widely available. Now one company, Altair Nanotechnologies of Reno, NV, has announced plans to start testing its new batteries in prototype electric vehicles, with road tests scheduled to begin […]

Bolivians unite around their dream to reclaim sea

Less than 130 years ago, Bolivia had a stretch of Pacific coastline. Today, the landlocked, poor South American country is thinking more than ever about getting it back. Every March 23, Bolivians reflect upon the loss of its mineral-rich coastal territory to Chile in a 19th-century war, the source of a bitter grudge against the […]

Canadian Oil Co Petrolifera Announces Big Argentina Find

Petrolifera Petroleum Ltd. (PDP.T), a small Canadian oil company with interests in South America, has announced what is likely the biggest oil and gas find in Argentina since the 1990s. .. The discovery comes at a time when Argentina’s oil and gas fields are said to be maturing and as looming gas shortages have raised […]

Energy insecurity

Since the State of Union address, President Bush has continued to echo his message of reducing our dependence on oil through technology and alternative sources. Since the speech, events across the globe have only confirmed that the U.S. faces some serious energy supply challenges. The challenge is energy security-reliable supplies at reasonable cost. At more […]

Key Russia role in Indian energy

Russia’s decision to supply uranium to India’s safeguarded Tarapur atomic plant could make Moscow a major player in New Delhi’s growing nuclear power program, Indian energy experts say. “Russia’s decision to supply uranium to Tarapur plant would also benefit Moscow as it would become a major partner in India’s fast-growing nuclear power program,” said Prakash […]

Non-OPEC oil supply to expand

Oil producing countries not aligned to OPEC are set to add more than five million barrels a day to world supply by 2010, although this may rise if prices remain high, a leading industry analyst said. Much of this growth will come from a handful of countries, including Angola, the rising star of African oil […]

Governments warned over energy supply

Governments were warned today not to wait for black-outs before taking action on improving the security of electricity supply. As European leaders held a summit meeting in Brussels on economic growth and energy, Fine Gael MEP Avril Doyle urged EU states to work harder together to protect supply. “We are now critically dependent on imported […]

Iran War About Ethnic Cleansing, Not Oil Bourse

Noted author F William Engdahl is keen to warn that Iran’s plans institute a Tehran oil bourse is a red herring that diverts attention from the real long-term geopolitical agenda to remove another Middle East pawn in the quest for Neo-Con world domination. The megalomaniacs that control Israel wish to live in a world largely […]

Insecurity in Nigeria’s oil delta here to stay

A U.S. intelligence view that Nigeria can no longer ensure security in the oil-producing Niger Delta is an understatement, according to experts who say lawlessness in the delta is rooted in old, intractable problems… A Western diplomat who closely watches the area, said militants, armed and funded from the proceeds of oil theft, had filled […]

”India seeking oil assets abroad”

India is seeking oil and gas assets abroad to meet the energy needs of a rapidly expanding economy. Among the areas where it is looking for such assets in terms of equity participation as well as production and exploration contracts are Central Asia, Africa and Latin America. Stating this here on Thursday, Minister of State […]

Message on Iraqi oil: ‘Invasion has backfired’

The invasion of Iraq has weakened the United States’ energy security and contributed to the recent surge in oil prices, energy experts said Thursday at a one-day conference of international oil executives and experts from think tanks. “The invasion has backfired,” Herman Franssen, president of International Energy Associates, a Maryland firm, told the conference. “Iraq […]

China gets its pound of Russian flesh

Russian President Vladimir Putin visited China on Tuesday and Wednesday to launch “The Year of Russia In China” and take part in the signing of about 30 mainly economic agreements, accompanied by an entourage of about 800 people. Although two of the agreements deal with energy issues of top importance to China, the two countries […]

Africa must look to its own oil needs

Africa needed to consider the possibility of developing an energy market that focused on its own developmental needs first, Sandile Nogxina, SA’s director-general of minerals and energy, said yesterday. “Our continent has enough oil and gas resources to trade among its member countries and for us to export the remainder,” he told the Oil Africa […]

Reheating the Cold War

Three assaults on the Kremlin within the month must be extraordinary even by Cold War standards. They prompted Anatol Lieven, a prominent American scholar on Russia, to pose a rhetorical question: “Why are we trying to reheat the Cold War?” It all began with a 94-page report released by the influential think-tank the Council on […]

Japanese court orders nuclear reactor shutdown

A court on Friday ordered the shutdown of Japan’s second-largest nuclear reactor in response to a lawsuit by local residents who feared it may not be able to withstand earthquakes, a court official said. The Kanazawa District Court in northwestern Japan ordered the shutdown of the newly operating Number 2 Shika reactor, court official Akihiko […]

Japan Sees No Change in Azadegan Oil Project in Iran

Japan currently sees no change in promoting a $2 billion project to tap into one of the world’s largest oil fields in Azadegan in Iran, despite Tehran’s nuclear ambitions, high-ranking Japanese officials said Thursday. “The Azadegan oil development is extremely important for Japan’s efforts to secure stable energy supply,” Chief Cabinet Secretary Shinzo Abe said […]

Could the Maui Field Have an Extended Life?

The Maui field, which has been the backbone of New Zealand’s oil and gas supply, may now have an extended life beyond 2009, according to New Zealand Crown Minerals. Speaking at the New Zealand Petroleum Conference, OMV New Zealand managing director Steve Hounsell said that OMV and Shell are conducting Maari field development studies. He […]

Solar Energy

During the last year, solar power got more buzz with each oil and natural gas spike. Venture investment tripled, according to the Solar Energy Industries Association (SEIA)redherring

Polar Melting May Raise Sea Levels Faster than Anticipated

A set of papers published in the 24 March issue of Science suggest that the ice sheets covering both the Arctic and Antarctic could melt more quickly than expected this century. Two studies led by scientists at the National Center for Atmospheric Research (NCAR) and the University of Arizona blend computer modeling with paleoclimate records […]

The Logistics of Hydrogen

An influential economist has called on the logistics industry to play a pioneering role in the move to hydrogen-fuelled transportation. Jeremy Rifkin, founder of Washington-based think-tank the Foundation on Economic Trends, and author of The hydrogen economy, is convinced that the emergence of a new hydrogen-based energy regime will end global warming, debt in the […]

Bush may raise fuel standards

The Bush administration is expected to announce next week final revised regulations to boost the fuel economy of the nation’s vehicles. A preliminary version of the rules released last summer required that vehicles average 24 miles per gallon by 2011, but the final rules may increase that to 25 mpg by 2011, environmental groups said […]

After ‘Peak Oil’, ‘Peak Gas’ Too – A.M. Samsam Bakhtiari

The concept of ‘Peak Oil’ has finally found its way to the receptive minds of educated public opinion. On the March 18/19 weekend, it even did erupt on TV screens worldwide as CNN aired its documentary “We Were Warned: Tomorrow’s Oil Crisis”. However, some energy analysts have found a way to belittle ‘Peak Oil’ by […]

Melting Ice Sheets Could Spur Oceans’ Rise: Study

Miami would be a memory, Bangkok a soggy shadow of its former self and the Maldive Islands would vanish if melting polar ice keeps fueling a faster-than-expected rise in sea levels, scientists reported on Thursday. In an issue of the journal Science focusing on global warming, climate scientist Jonathan Overpeck of the University of Arizona […]

Fill ‘er up with gasohol, biodiesel, E85 …

For Dan Norte, deciding where to fuel up his Ford F150 pickup is not always as simple as scanning pump prices. When he heads to Iowa to see family, the synthetic-oil dealer from Owatonna, Minn., burns an 87-octane Minnesota-mandated gasoline blend that is 10 percent corn-based ethanol. It costs about the same as comparable-grade gasoline. […]

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