Open letter to Texas newspapers about peak oil: ‘Why aren

The world is increasingly turning toward the endpoints–natural gas/natural gas liquids on the light end and bitumen/coal on the heavy end–in an attempt to maintain and increase our supply of LTFenergybulletin

EU warns 17 states on energy laws

Brussels says 17 EU member states including the UK have failed to properly implement measures designed to open energy markets to competition. The European Commission has put their governments on formal notice, the first step in an enforcement process which could see countries being fined. Brussels said the countries had failed to ensure sufficient price […]

‘Major melt’ for Alpine glaciers

Europe’s Alps could lose three-quarters of their glaciers to climate change during the coming century. That is the conclusion of new research from the World Glacier Monitoring Service (WGMS) in Zurich. Scientists base their conclusion on forecasts of temperature and precipitation changes in a new computer model of Alpine glaciation. Glaciers are crucial in providing […]

DOE Provides $140.3 Million to Low-Income Families for Home Weatherization

U.S. Department of Energy (DOE) Secretary Samuel W. Bodman today announced $140.3 million in weatherization program grants to 31 states and the Navajo Nation to make energy efficiency improvements in homes of low-income families; weatherization can reduce an average home energy

Japan developing world’s first fuel-cell train

East Japan Railway Co., the world’s largest passenger railway company, will shortly complete a prototype fuel-cell train for test runs, the Jiji Press news agency said. The test train will be made up of a single car and carry two 65-kilowatt fuel cells, the report said. It can travel at 100 kilometers (62.5 miles) per […]

Saudi Arabia and the Wealth of Stability

In addition to its Islamic standing, Saudi Arabia capitalizes on two other key wealth: oil and stability. Coupled with the adopted moderate line, they have earned a regional and international weight it has in turn harnessed to serve the causes of the Arabs and Muslims and to build bridges of cooperation and dialogue between them […]

New Orleans is sinking

Study finds geology, not oil drilling to blame NEW ORLEANS – A new study raises another possible threat to rebuilding efforts in Louisiana: Active geologic faults are causing levees, flood walls, bridges and homes to sink. The study, published in the April edition of the Geological Society of AmericaIt also argues that the fault

IMF Ups ‘06 Global Economic Growth Outlook

The International Monetary Fund on Tuesday raised its growth forecast for the global economy to 4.9 percent for this year from the 4.3 percent predicted last September. Global growth, however, will slow slightly to 4.7 percent in 2007, according to an IMF report issued at a meeting of finance ministers from the 10-member Association of […]

OXYFUEL TRIAL TACKLES GREENHOUSE

Australia will take a big step in efforts to reduce greenhouse emissions with the trial of a new technology which can eliminate more than 90 per cent of the CO2 from a conventional coal-fired power station. sciencealert

The Scientific Consensus on Climate Change

Policy-makers and the media, particularly in the United States, frequently assert that climate science is highly uncertain. Some have used this as an argument against adopting strong measures to reduce greenhouse gas emissions. For example, while discussing a major U.S. Environmental Protection Agency report on the risks of climate change, then-EPA administrator Christine Whitman argued, […]

China ‘may cut US debt holdings’

China may reduce the amount of US bonds it holds as part of its foreign exchange reserves, an influential official has reportedly said. The remarks, made by Parliamentary vice-chairman Cheng Siwei, triggered a fall in the US dollar against leading currencies in European trading. China is a major funder of US debt, holding about

The True Costs of NUCLEAR POWER

The best case against nuclear power as a global warming remedy begins with the fact that nuclear-generated electricity is very expensive. Despite more than $150 billion in federal subsides over die past 60 years (roughly 30 times more than solar, wind and other renewable energy sources have received), nuclear power still costs substantially more than […]

An Inside Look at Federal Solar Tax Credits

Since the start of this year, the Energy Policy Act of 2005 (EPAct) has provided a financial boost to photovoltaic (PV) system purchasers by implementing a new 30% residential tax credit, and increasing the existing 10% commercial tax credit to 30%. The economic value of these new and expanded federal credits to system purchasers, however, […]

Will Iran

I. What Is The Impact Of A Production Cut On Oil Prices? It is not in Iran 1. The amount of the cut. A complete halt or a cut that exceeds 1.5mn b/d would increase oil prices significantly. A small cut would have a limited and temporary impact, especially if OECD countries released oil from […]

Fuel Prices Jump 9 Cents

The biggest weekly rise, 11.4 cents, is on the Gulf Coast, a survey shows. Increases reflect supply worries, an analyst says. LOS ANGELES – U.S. retail gasoline prices jumped 9 cents to an average of $2.588 a gallon, a federal survey showed Monday, as uncertainty continued over the availability of summer supplies. California’s average pump […]

Shell needs a month to bring back Nigeria oil output

ABUJA, Nigeria — Nigeria’s Oil Minister Edmund Daukoru said Monday Royal Dutch Shell PLC has told him it will take around a month to bring back most of the country’s shut-in oil production. Daukoru, who is also the president of the Organization of Petroleum Exporting Countries, told Dow Jones Newswires in an interview: “We expect […]

Ireland too dependent on imported oil

…Today’s Forfas report says that recent developments in the global oil industry have resulted in many countries having to evaluate their overall dependence on oil and the effect on their economies. Threats to security of supply, increasing global demand, slowing rates of new oil discoveries and rising oil prices have become major concerns. The concept […]

Asia Increasingly Turning to Renewable Energy

Rising energy demands due to rapid industrialization, combined with soaring oil prices and worrying levels of pollution leave many Asian countries but one choice: diversify their energy sources.The region is increasingly turning to renewable energy. Government cars in Malaysia run on bio fuel made from palm oil. The Philippines uses sugar cane waste to produce […]

EU keen on energy issues with India

The European Union (EU) is keen to secure close energy cooperation with India, according to the EU’s top energy official. “The challenges facing European Union energy policy are global, first of all for security of supply and the other issue is climate change. India being one of the biggest consumers and also potentially the bigger […]

Germany announces new energy plan

The German government announced a new energy plan for the coming years following a meeting of political and industry leaders on Monday evening. Under the plans, up to €2 billion more will be spent on energy research while more than €30 billion is expected to be invested in building new power plants and distribution networks. […]

Biodiesel industry gets boost from Big Oil

The tiny biodiesel industry received a boost from Big Oil on Monday when a major petroleum refiner, Motiva Enterprises LLC, began blending the soy-based alternative with traditional motor fuel at a Dallas terminal… “Frankly, a behemoth step,” said Paul Nazzaro, the National Biodiesel Board’s petroleum liaison. Motiva, a partnership between Shell Oil Co. and Saudi […]

Oilman urges dear oil for West, cheap for Africa

Africa oil producers should consider creating a two-tier pricing system that would raise prices for Western customers and lower them for poor African consumers, a Namibian energy executive said on Monday. Joe Vatanavi Mazeingo, managing director of Namibian state-owned oil company NAMCOR, added in a Reuters interview that African oil producers should follow the example […]

Chavez rules out return to cheap oil

If you thought high oil prices were just a blip think again – Venezuelan President Hugo Chavez has ruled out any return to the era of cheap oil. In an interview with BBC Newsnight’s Greg Palast, Mr Chavez – who is due to host the Opec meeting on 1 June in Caracas – said he […]

High oil prices hit four-engined Airbus

The four-engined Airbus A340 long-haul airliner has been hit by the high price of jet fuel and is losing orders heavily to the rival Boeing 777, aviation industry sources say. The latest problem for the plane came late on Sunday when Emirates of Dubai told Airbus it was postponing indefinitely the date on which it […]

Japan a bigger player on global oil stage

The formation of a new Japanese oil company, Inpex Holdings, was announced on Monday. The result of a government-orchestrated merger between Inpex Corp and Teikoku Oil, the new firm appears to have been conceived as a “national policy corporation” designed to secure supplies for Japan from abroad. The government believes that the combined firm’s greater […]

SUV Haters Vent in GM’s Make-Your-Own Ad Contest

General Motors is unlikely to choose the winner of its make-your-own Tahoe ad contest from the entries circulating the web on Monday. With GM providing all the online tools to let the creative juices flow, SUV haters took the opportunity to let their feelings show in ads that linked the gas-guzzling vehicles to global warming […]

Farmers Told Grain Prices May be Linked to Oil Prices (Australia)

Robert Drewitt from Suncorp says with skyrocketing oil prices, ethanol production is unstoppable. He says this time next year, farmers will be delivering grain to some of the new ethanol plants opening in the country. Mr Drewitt says grain growers could soon enjoy the same dramatic price rises that the sugar industry has seen in […]

Gas Prices Up Sharply Ahead of Peak Season

High gasoline prices have had only a modest impact on the driving habits of American motorists, who have done relatively little to moderate their gasoline consumption. Ever since oil prices soared in September after Hurricane Katrina, gasoline consumption has been within 1.5 percent of the previous year — some months lower, some months higher, according […]

Water Crisis Predicted on the Prairie

Canada’s Prairies will face an unprecedented water crisis in coming years due to declining river flows and growing water usage Globe and Mail

Top 50 US Cities Best Prepared for an Oil Crisis

This is a Tale of Two Types of Cities. One type of city has a dense, walkable center with cultural attractions, jobs, farmers markets, and residential neighborhoods easily accessible by foot, bike, or public transit. The other type has lower density, a poorly or undefined center, separate centers of business and residential life, and is […]

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