Web site touts solar power

The California Energy Commission has launched a new Web site to encourage the use of solar technology in new-home construction. The site, www.newsolarhomes.ca.gov, provides information on solar rebate programs, consumer education about renewable energy and information on various government solar initiatives. sacbee

Analysts forecast 2007 oil price at $58

Analysts’ consensus forecasts for 2007 are for average oil prices to fall to $58, down over $13 from the price on Thursday. A Reuters poll of 33 analysts puts the forecast for benchmark U.S. light crude futures for 2007 at an average of $58. The front-month contract was trading at $71.14 on Thursday. But analysts […]

China’s oil policy makes US panic

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The summit between the world’s largest oil supplier, Saudi Arabia, and the second largest consumer, China, was portrayed by the western media as a matter of grave concern. China’s lust for oil, which is likely to dominate and shape world politics for the coming decades, is raising an alarm bell in US political and academic […]

Engine kit for bicycles helping man save gasoline money

Paul Crabtree, 50, a resident of Holly Pond, a small town in Cullman County with a population of just over 700, has come up with a way to outfit his bicycle with a small 25cc, two-stroke engine that can get up to 250 miles to the gallon. That oanow

Senate Judiciary OKs Bill Proposing Tougher Enforcement of Oil, Gas

The Senate Judiciary Committee approved by voice vote Thursday a bill that seeks to tame natural gas and crude oil prices by strengthening antitrust enforcement and bolstering competition in the energy industry. The measure (S 2557) would subject energy companies to prosecution under the Clayton Act if they withhold oil and gas in an effort […]

Green light for Europe’s largest wind farm

The go ahead for Europebwea

The Next Steps Forward for Hydropower

As I enter my new position as President of the National Hydropower Association (NHA), I can say it’s an exciting time to be in the industry. There do still exist many challenges in hydropower being recognized not only as a sound renewable energy technology but also as an important, domestic, non-carbon-producing resource with a strong […]

How China Is Winning the Oil Race

Is America too ethical to have cheap gasoline? That is the inescapable question presented to U.S. investors and policy makers as pump prices soar after a state visit by Chinese President Hu Jintao. The U.S. is the world’s greatest consumer of energy at present, but China is the world’s fastest-growing consumer. That puts us in […]

The Oil Drum: Do Oil Reserves Tell Us Anything?

Maybe. Of course, the reason to ignore proven reserves numbers is that two thirds of the global total rests with characters like these: [graph of History of claimed proved reserves for various Middle Eastern countries. No major discoveries in these countries were announced in the 1980s. Source: BP Statistical Review of World Energy.] The only […]

$100 Million Prize for Energy Breaththrough

With energy prices skyrocketing, lawmakers considered a bill Thursday that would offer more than $100 million in prize money to developers of technologies that would move the oil-dependent U.S. economy toward a hydrogen energy base. Sponsored by Rep. Bob Inglis, R-S.C., the legislation was the focus of a hearing at the House Science Committee. The […]

California Subpoenas Oil Company Records in Price Probe

California will subpoena records from the state’s 21 oil refineries and a half-dozen major oil companies as part of an investigation into rapidly rising gasoline prices, Attorney General Bill Lockyer said Thursday. ChevronTexaco, ExxonMobil, ConocoPhillips, Valero, Shell and BP officials will be required to provide financial details to prove their multibillion dollar profits aren’t from […]

Getting Oil Companies Ready for Hurricanes

The Bush administration asked major U.S. oil companies and refiners Thursday to make emergency plans to ensure consumers can still buy gasoline if a hurricane disrupts energy infrastructure or knocks out the electricity at service stations. “We ask that you review your company’s operations, from pipeline to gas pump, to assess and close quickly any […]

China’s Hu Signs Oil Deal With Nigeria

Chinese President Hu Jintao said Thursday his government will seek closer ties with Africa – a resource-rich frontier for the world’s fastest growing economy – after signing a series of major business deals with oil-rich Nigeria. Hu, on the second and final day visiting Africa’s largest oil producer before heading to Kenya, said China is […]

Venezuela May Rival Canada Oil Sands as Chavez Seeks Investors

Venezuela’s heavy oil deposits may rival Canada’s tar sands as a source of crude to meet rising global demand should President Hugo Chavez convince foreign companies that their investments are secure in the country. Venezuela needs $200 billion to develop the heavy oil reserves in the Faja region, Ali Moshiri, head of Chevron Corp.’s Latin […]

Oil Industry Defends Big Profits

“Consumers are not going to cheer oil industry profits when gasoline prices are high, everybody knows that,” Bob Tippee, editor of Houston-based Oil and Gas Journal, said. “But in fact, those profits will go into the development of future supply that consumers need.” While some of the money earned by oil companies is paid to […]

Bush told Clinton how to handle OPEC

… Rising fuel costs are forcing city and county officials all across the country to boost budgets, cut back on social programs that rely on transportation and scrutinize vehicle use. For 2005, the Appleton, Wisconsin city budget estimated fuel costs for gasoline and diesel would be $595,000. In October 2005, Appleton Mayor, Tim Hanna, projected […]

Iran’s Oil Stock Exchange, Next Week

Oil Minister Kazem Vaziri Hamaneh said on Wednesday that the establishment of Oil Stock Exchange is in its final stage and the bourse will be launched in Iran in the next week. He told reporters, upon arrival from Qatar where he attended the 10th General Assembly of International Energy Agency and consultations with OPEC member […]

10 States Sue EPA Over Global Warming

Ten states fired a new legal salvo at the federal government Thursday in a long-running court battle over global warming and pollution from power plants. The states, joined by environmental groups, sued the Environmental Protection Agency over its decision not to regulate carbon dioxide pollution as a contributor to global warming.Yahoo! News

World Bank, Chad Reach Deal to Keep Oil Flowing

Chad has withdrawn its threat to halt oil production at the end of this month after reaching an interim agreement with World Bank over petroleum revenues, Oil Minister Mahamat Nasser Hassan said on Thursday. The World Bank agreed on Thursday to resume $124 million in suspended loans to the central African country and to release […]

National energy conversation getting louder

That Many awareness-raising events concerned with peak oil and petrocollapse are taking place lately. The news media, mainly concerned with price sensation, are helping somewhat to awaken the oil-addicted population, albeit with narrower concerns than the End of the Oil Age. Recent headlines include “Beijing

Highway commissioners say bad finances delay road work

COLUMBIA, S.C. – State highway commissioners say some roadwork will have to wait if lawmakers don’t provide some money for the agency. “We are in dire straits; there’s no question about that,” said Commissioner Bob Harrell Sr., chairman of the Transportation Department board’s finance and administration committee. “I don’t think I’ve seen it this bad.” […]

N.C. to revisit conservation

Rising energy costs, high demand forecasts prompt state panel to hear efficiency pitch N.C. regulators will hear arguments this summer for what advocates say is a cheaper, cleaner alternative to new power plants — use less electricity. Old-fashioned conservation has been revived as an argument against the six nuclear reactors and three coal-fired units Carolinas […]

Senators to push for $100 gas rebate checks

Under proposal, every U.S. taxpayer would get one WASHINGTON — Every American taxpayer would get a $100 rebate check to offset the pain of higher pump prices for gasoline, under an amendment Senate Republicans hope to bring to a vote Thursday. However, the GOP energy package may face tough sledding because it also includes a […]

With gas prices high, taxi drivers turn to ‘the bottle’

Plastic jug in trunk is insurance policy for many SIDON: “The bottle” has become a main piece of equipment for taxi drivers in Sidon and South Lebanon due to the high cost of fuel. The object in question is a normal water bottle used as a refill container for gasoline by taxi, or service, drivers […]

Anger on the Island

LONG ISLAND, NY – Gas attendant Cemalettin Akca says skyrocketing gas prices have forced him to sell his car and walk to work, and most days he’s getting fewer tips from customers. On top of that, when the prices soar, drivers blame him. “Most of them start yelling at me and they’re like, ‘Where is […]

China denies human rights abuses in search for oil

BEIJING – A Chinese foreign ministry spokesman angrily denied on Thursday that the country turns a blind eye to human rights abuses in places like Sudan in its search for oil to help power a booming economy. Chinese trade helps improve people’s living standards and economies and does not have a negative impact, Qin Gang […]

Drivers fume over hybrids in fast lanes

Owners of those models go slower to save on fuel CALIFORNIA — A class of vehicles is drawing anger on the freeway: sleek, fuel-efficient hybrids. Call it Prius envy. It’s not just about the car-pool perk, which allows drivers in hybrids such as the Toyota Prius and Honda Civic to go solo in the diamond […]

Terrorism and the race for resources

The US Department of Energy (DoE) predicted in 2004 that world oil demand would rise from 77 million barrels per day (mbd) in 2001 to 121 mbd in 2025 – an increase of 57 per cent. According to the DoE, this increase in demand would be met by Saudi Arabia, the states neighboring the Caspian […]

Fuel Prices Have U.S. Workers Eyeing Telecommuting

NEW YORK Opting to let employees work from home as fuel prices have risen, Florida’s Kissimmee Utility Authority managed to retrieve the experience and skills of a veteran employee in the billing department who quit last year. She now telecommutes from a new home 746 miles away. Reuters

Do As I Say, Please

Marking his first official visit to Washington D.C., on Wednesday, the president of Azerbaijan Ilham Aliyev, an ally who has sent soldiers to assist the U.S. in Iraq, is warning the White House in blunt terms that escalating rhetoric with Iran will lead to “hurtful consequences” for the Caspian Sea region, an increasingly important oil […]

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