Peak Oil Investments Will Contribute to Alternative Energy Source Development

SYNOPSIS: Personal investments based on the concept of Peak Oil will encourage research and development of alternative energy sources while helping individuals prepare for global economic weakness. The article outlines the possible impact of Peak Oil on different asset classes, such as stocks, bonds, and real estate. ATLANTA, GA — Peak Oil can be an […]

OPEC ‘Doing All It Can’ For Oil Prices

…Opec, the oil nations responsible for one-third of the world’s most vital energy source, conceded yesterday that it could do little to control prices. .. Abdullah al-Attiyah, Qatar’s Oil minister, said yesterday that there are no plans to increase levels of production to meet extra demand. “The price as it is now, nothing will happen,” […]

Chavez Seeks to Peg Oil at $50 a Barrel

Venezuelan president Hugo ChThe Guardian

How to stop guzzling gas

Helpful tips to maximize your miles per gallon NEW YORK – Little things can add up to big savings when driving your car “When you add these little factors together, it can make a big difference in your gas mileage,” says Roy Cox, manager of technical training and research for AAA’s National Office in Heathrow, […]

OPEC June Action Unlikely if Oil Price Steady: Qatar

OPEC is unlikely to act during a June meeting if oil prices remain at current levels as there is no shortage of supply in global markets, Qatari Oil Minister Abdullah al-Attiyah said on Sunday. Attiyah also told reporters that the global economy can absorb oil prices of $60 per barrel.ABC News

‘Era of Cheap Oil is Over’

Hope of rescuing Africa from poverty may vanish like “snow in sunshine” if high oil prices continue, the 53-nation African Union (AU) said on Sunday. Alpha Oumar Konare, chairperson of the AU Commission, told an African oil and gas conference the continent’s new dreams of development, inspired by a recent rise in aid, greater foreign […]

Ex-CIA Head: Alternative Fuels Needed

Although the scenario was fake — acted out by former CIA Director R. James Woolsey as the president (his cabinet was portrayed by Kalamazoo College and Western Michigan University students and alumni) — it is plausible today and so are the consequences, Woolsey cautioned. “A cutoff of oil, even a brief one, sends huge shocks […]

Doomsday: UT Professor Says Death Is Imminent

A University of Texas professor says the Earth would be better off with 90 percent of the human population dead. Seguin Gazette-Enterprise

New Processing Steps Promise More Economical Ethanol Production

Why isn’t ethanol production growing by leaps and bounds in the face of higher gasoline prices? Ethanol production from cornstarch is a $10 billion dollar business in the United States and 4 billion gallons of ethanol will be produced in 2006. In his 2006 State of the Union address, President Bush called for doubling ethanol […]

New pump prices send consumers spinning

Hang on to your gas caps. Prices at the pump could blow them away. At some stations in the Triad this week, gasoline prices blew past $2.55 a gallon and are expected to rise another 10 to 20 cents in coming weeks. The increases come on the eve of spring break for area schools. Moms […]

States Take the Lead

Call it the Greenhouse in the Statehouse effect. While climate change may sow no fear in the White House, plenty of worried governors, legislators, and other local officials are rejecting Washington’s cue. The result is an increasingly energy-schizoid land. From the state level, the United States is actually something of a global leader, passing laws […]

Govt clashes with oil giant

The world’s largest oil company, ExxonMobil, has taken legal action against the New Zealand government as interest grows in a huge oil and gas exploration prospect off the South Island. Exxon’s action is the second legal stoush over the Great South Basin, embarrassing the government as it tries to run a smooth auction process for […]

Saudi King Reveals Domestic, Foreign Plans

RIYADH, Saudi Arabia – Saudi Arabia will continue a moderate oil policy to ensure a stable world economy, King Abdullah said Saturday. In an address to the appointed Shura Council, the closest thing the kingdom has to a parliament, the king also said there is “no room … for extremism” in the kingdom and vowed […]

Ecologist says oil-supply peak nearing

United States will be particularly affected, analyst says PEORIA – The world’s supply of oil will peak in just a few years, plunging the world’s economy into recession, ecologist Robert Heinberg told about 165 people at the Holiday Inn City Centre on Saturday. The United States, heavily dependent on foreign oil, will be particularly affected, […]

Toyota powers to the front

Toyota is about to overtake General Motors to become the world’s biggest car company. And unlike its American rivals, it is making a profit. …[Toyota president Katsuaki] Watanabe is already setting even bigger targets. Having achieved a global market share of 10%, he wants 15% by the early years of the next decade. And he […]

True price of UK’s nuclear legacy:

Fresh analysis shows mushrooming cost of clean-up The true cost of cleaning up Britain’s nuclear legacy is more than twice the However, this giant figure is only around half of what will be required. It excludes decommissioning British Energy’s seven nuclear power stations, the first of which is due to close in 2011, dealing with […]

New nuclear facility vital for national policy

Japan Nuclear Fuel Ltd. has started testing its spent nuclear fuel reprocessing plant in Rokkashomura, Aomori Prefecture. This trial run, which seeks to confirm the plant will function correctly, closely reflects the conditions under which the plant will operate. Highly radioactive spent nuclear fuel is being used, and individual operations are comparable to those that […]

Demand for ethanol grows, prices surge

Growing demand for ethanol has boosted prices for the corn-based fuel additive, worrying ethanol supporters just as they’re making inroads getting motorists interested in the alternative fuel. Greg Boesch, who owns Fred’s Mini Mart in Shadeland, said that when he began selling a fuel that contains a high percentage of ethanol, it was between 30 […]

Scotland in need of 800 extra wind turbines

The number of wind turbines in Scotland will have almost to double over the next four years for Labour to meet its renewable energy targets, a new report reveals. About 800 extra turbines will be required if energy suppliers hope to generate 10% of their supply from “green” sources by 2010. They face heavy penalties […]

Norway sets Arctic oil plan – boom or gloom?

Norway set rules for oil and gas exploration in the Barents Sea on Friday amid major uncertainty about whether the pristine Norwegian Arctic will mean boom or gloom for oil firms. The U.S. Geological Survey has suggested that 25 percent of the world’s undiscovered petroleum resources could be in the Arctic. But some experts say […]

Church denounces global warming but invests in oil

The Archbishop of Canterbury has been accused of hypocrisy for lecturing politicians on global warming while the Church of England reaps millions of pounds from shares in oil firms. .. An audit of the Church Commissioners’ investments shows its oil shares increased in value by Another investment is BAA, the airports group, which has been […]

Power Flows to The Oil States

One dramatic but largely overlooked change in the global balance of economic power is the shift of wealth toward countries that supply energy and raw materials. Most notably, the major global oil exporters saw their oil revenues rise from less than $300 billion in 2002 to almost $700 billion in 2005. That resulted in a […]

Peak sugar!

One more commodity used to fuel our cars’ limitless needs is running out…br> About half of Brazil’s sugar cane crop is used for domestic ethanol production, with flexfuel cars accounting for almost 50 per cent of domestic new car sales. They also represent a budding export industry, with the US, Sweden and Britain already selling […]

Blair blocked plan to cut emissions

Tony Blair personally frustrated measures to cut Britain’s emissions of the pollution that causes global warming, despite repeatedly calling for action, The Independent on Sunday can reveal…The revelation comes as new official statistics show that Britain’s carbon dioxide emissions – the main cause of global warming – have risen for the third year in a […]

More natural gas in northeastern B.C., study finds

Natural gas-rich northeastern British Columbia holds more reserves than previously estimated, according to a new in-depth analysis carried out by the B.C. government and National Energy Board. The study adds about one year’s worth of conventional production at today’s rate, which means companies active in the region and drawing about 0.95 trillion cubic feet of […]

WTO powers lock horns in Rio as deadline looms

The world’s top trading powers have met, battling to tease out progress on the WTO’s troubled drive to tear down commercial barriers by the end of this month. The US and European Union trade supremos were due to wrap up an informal two-day meeting with Brazilian Foreign Minister Celso Amorim, representing the developing world, and […]

US majors interested in India oil

Major US oil companies like Exxon Mobil Corp and ConocoPhillips are interested in the latest round of oil and natural gas blocks being offered for exploration by India, the country JANG

B.C. wants to be a leader in solar energy

British Columbia is launching a ground breaking green-energy initiative that would see solar heating panels installed on 100,000 homes, and the province turned into a manufacturing hub for the sector. “There’s huge economic opportunity in pursuing these new technologies. Solar energy has the potential to be widely used in homes and businesses both for heating […]

US faces possible petrol shortages this summer, says UK bank

Motorists in the US face a difficult time this summer as tight refining capacity as well as new regulations and mandates could disrupt the flow of petrol, according to a UK bank. “If supply fails to meet demand in America, the repercussions will be felt in Europe and Asia as well, given that petrol is […]

Open Letter to the New Exxon/Mobil Chairman, Rex Tillerson

You have to be feeling pretty good about your new position heading the world’s largest oil and gas company. You stand astride the globe where, with few exceptions, the Congress is like putty in your hands, the White House is your House and the consuming public is powerless. Governments in the Third World may huff […]

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