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News from May 2006

Fuel theft soars – Australia

Fuel theft soars – Australia thumbnail

Soaring petrol prices have prompted a fuel theft epidemic, with cash-strapped thieves ranging from young battlers to the elderly. The epidemic comes as a survey has found rising petrol prices is the biggest financial challenge for Australian home owners — even outweighing their concerns about interest rates. Daily Telegraph


Nuclear power splits EU despite common-policy bid

Nuclear power splits EU despite common-policy bid thumbnail

While the European Union attempts to form a common energy policy, one subject continues to divide: nuclear power. Praised by some for creating almost no environmentally harmful carbon dioxide (CO2) emissions but loathed by others because of its radioactive waste, nuclear has long been controversial among citizens, politicians, industry and environmentalists in Europe. But the […]


Energy: Going nuclear

Energy: Going nuclear thumbnail

Or they were, before the rules changed. The Prime Minister surprised the nuclear industry last week by saying that its form of energy – underfunded for years, feared by many – was “back on the agenda with a vengeance”. Suddenly it is assumed that a new generation of reactors will be built to replace the […]


What Clive Crook doesn’t know about energy will hurt him (and us too!)

What Clive Crook doesn’t know about energy will hurt him (and us too!) thumbnail

The incurious mind often doesn’t know what it doesn’t know and so, not surprisingly, doesn’t think to ask questions. Such is the case with Clive Crook in his recent piece in The Atlantic Monthly (subscription required, but even if you can’t read it, I will outline his main points). While misleading articles about oil and […]


Energy from urban waste

Energy from urban waste thumbnail

Converting municipal solid waste into refuse-derived fuel might solve the garbage problem One of the continuing challenges of urban areas is the increasing presence of municipal solid waste. In a curious way, the quantum and quality of garbage generation is directly related to economic growth. In India about 400 gms of garbage i.e. municipal solid […]


Russia says it wants end to U.S. nuclear discrimination

Russia says it wants end to U.S. nuclear discrimination thumbnail

Russia’s nuclear energy chief has warned that there is no alternative to nuclear power in the coming decades and said he wants to secure an end to U.S. discrimination against the country. Sergei Kiriyenko, currently on a week-long visit to the United States that will end May 24, said without nuclear energy industry the world […]


Gov’t continues search for other energy sources

Gov’t continues search for other energy sources thumbnail

President Gloria Macapagal Arroyo has stressed the government will continue to push its efforts to harness alternative sources of fuel to reduce the country’s dependency on expensive imported crude oil. The President made the statement after she issued Executive Order No. 527 that temporarily reduced import tariffs on crude oil and refined oil products to […]


Cost of raising corn grows

Cost of raising corn grows thumbnail

Since 2002, Iowa corn growers’ production costs, for instance, have increased by about $55 per acre due to higher energy prices, pushing farmers’ variable costs 31 percent higher, said Dave Coppess, an executive with Heartland Cooperative in West Des Moines. During that same four-year period, the cost for nitrogen fertilizer alone has doubled, he said. […]


Russia Urges Oil Exporters to Help Countries Hit by Soaring Prices

Russia Urges Oil Exporters to Help Countries Hit by Soaring Prices thumbnail

Russian Finance Minister Alexei Kudrin said on Sunday, May 21, that Russia is urging all oil exporting nations to increase financial aid to countries that have been affected by high global oil prices. Kudrin was speaking in Sharm-ash-Sheikh at a meeting with officials from the G8 group. The meeting was organized under the G8’s partnership […]


Africa on the brink of catastrophic change — blame global warming

Africa on the brink of catastrophic change — blame global warming thumbnail

Africa is facing the greatest catastrophe in human history. Climate change represents a nightmare scenario for the future of the people of the world’s poorest continent, according to the official preparing a top-level report due to land on the desks of British Prime Minister Tony Blair and Chancellor to the Treasury Gordon Brown later this […]


Lundberg on the recent Peak Oil conferences

Lundberg on the recent Peak Oil conferences thumbnail

The May 6th DC Petrocollapse Conference focused on the inevitability of collapse of the world economy due to the end of cheap oil and the lack of realistic technofixes. Solutions such as ecovillages and organic farming were emphasized, with all the concern and caveats that come from keen awareness of devastating climate change, the intransigence […]


Washington ignores democratic values in quest for cheap oil

Washington ignores democratic values in quest for cheap oil thumbnail

The United States, eager to find new sources of oil at the time when petroleum prices are skyrocketing, is increasingly giving up its strategy of promoting democracy, analysts here say. If the democracy and support for humans right are the main engine of US diplomacy, “then you have to wonder why we have not taken […]


Canada Reaches Peak Oil In 2020

Canada Reaches Peak Oil In 2020 thumbnail

Behind the rosy glasses and good news, tinkling of champagne glasses, report of the Canadian Association of Petroleum Producers, touting the increased growth in the Tar Sands oil production, there lies the ominous Peak Oil prediction. Yep peak oil will begin in Alberta in 2020, about the time that Hubbert predicted. ” production from conventional […]


Collapse of the Petrodollar Looming

Collapse of the Petrodollar Looming thumbnail

The announcement by President Putin of a Russian bourse trading oil and gas in Roubles threatens the stability of the US Dollar far more than Iran’s bourse alone would do, and continues the slide in relations between the old Cold War foes. Burns himself was probably a bit cranky after his trip to Moscow in […]


China, Germany Agree Iran Shouldn’t Develop Nuclear Weapons, Merkel Says

China, Germany Agree Iran Shouldn’t Develop Nuclear Weapons, Merkel Says thumbnail

Germany and China agreed Iran shouldn’t be allowed to develop nuclear weapons, German Chancellor Angela Merkel said today in Beijing after meeting Chinese Premier Wen Jiabao. “We talked about Iran and agreed Iran should not have the capability to make nuclear weapons and shouldn’t proliferate weapons of mass destruction,” Merkel, 51, said in a briefing […]


Grass Could Be Future Energy Source

Grass Could Be Future Energy Source thumbnail

Up the interstate from St. Louis, in Champaign-Urbana, an Englishman is working away on a plan to free America from its dependence on foreign oil. The work revolves around Giant Miscanthus (Miscanthus x giganteus), a grass that came to this country from Asia. It is a botanical oddity at the Chicago Botanic Garden. Now some […]


Saudi Stock Market Crash a Cause for Concern

Saudi Stock Market Crash a Cause for Concern thumbnail

AME Info – The ruin of hundreds of thousands of small shareholders in the Saudi stock market crash is a worrying development. It is financial catastrophe for those involved, and is already impacting on consumer spending. But the authorities now need to tread carefully to minimize the total economic effect of the crash. Stock market […]


He’s seen the future, and it looks like East Amwell

He’s seen the future, and it looks like East Amwell thumbnail

Mike Strizki is tired of waiting. The 49-year-old engineer hopes to help usher in the high-tech future of renewable energy from his 12-acre property in the Sourland Mountains by having the nation’s first solar/hydrogen-powered home. All that stands between Strizki and his goal, however, is a building permit. Strizki’s solar/hydrogen system works, at least in […]


Commentary: Is Nuclear Energy Clean and Safe?

Commentary: Is Nuclear Energy Clean and Safe? thumbnail

May 17-19, 2006, the Nuclear Energy Institute holds its annual conference, The Nuclear Energy Assembly in San Francisco. It LLRX


Chevron’s biodiesel boost

Chevron’s biodiesel boost thumbnail

Chevron Corp. has invested in solar power, wind, geothermal energy and hydrogen fuel. Now, it is tiptoeing into biodiesel. Chevron Technology Ventures LLC, a subsidiary, has taken a 22 percent stake in Galveston Bay Biodiesel LLC, a Texas-based company that is building what it claims will be the nation’s largest biodiesel plant, in Galveston, Texas. […]


Report: Canada Wants to Scrap Kyoto

Report: Canada Wants to Scrap Kyoto thumbnail

Canada greencarcongress


Fusion Reactor Shows Its Metal

Fusion Reactor Shows Its Metal thumbnail

ABC Science Online (Australia) – Physicists say they have cracked a problem facing nuclear fusion, touted as the cheap, safe, clean and almost limitless energy source of the future. The US researchers say they have found a way to cut down erosion of the metal reactor wall, which would be a crucial step to improving […]


The Flipping Point

The Flipping Point thumbnail

Scientific American – How the evidence for anthropogenic global warming has converged to cause this environmental skeptic to make a cognitive flip In 2001 Cambridge University Press published BjScientific American


Kuwait’s Oil Reputation at Stake; ‘Disclose Exact Crude Reserves’

Kuwait’s Oil Reputation at Stake; ‘Disclose Exact Crude Reserves’ thumbnail

Arab Times – The Petroleum Intelligence Weekly (PIW) went into publication five months ago. According to the PIW report KuwaitArab Times


Iran says OPEC won’t change output ceiling – ISNA

Iran says OPEC won’t change output ceiling – ISNA thumbnail

OPEC will not change its crude oil production ceiling and oil prices are not expected to hit $100 a barrel, Iranian Oil Minister Kazem Vaziri-Hamaneh told the students’ news agency ISNA on Friday. “OPEC’s production ceiling will not change,” he said, adding that he did not expect any movement despite the onset of a peak […]


In End Times Debate It’s Gore v. Kunstler

In End Times Debate It’s Gore v. Kunstler thumbnail

If Al Gore’s documentary “An Inconvenient Truth” has a single message, it’s that global warming is badEVWorld.com


Oil brightens future for Libya

Oil brightens future for Libya thumbnail

With the last vestiges of U.S. sanctions swept away, Moammar Gadhafi’s bid to bring Libya back into the diplomatic mainstream has scored a stunning success. Gadhafi’s next goal: an economic revival funded by the doubling of oil production in the coming decade.Chron.com


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Crude oil may fall on signs the US will have enough gasoline to meet demand this summer, when consumption peaks, a Bloomberg News survey shows. Twenty-three of 46 analysts, traders and brokers said prices would drop next week. Fourteen expected an increase and nine foresaw little change. Half the respondents a week ago said oil […]


Total inks oil refinery deal with Saudi Arabia

Total inks oil refinery deal with Saudi Arabia thumbnail

France’s Total has signed a deal with state oil conglomerate Saudi Aramco to build an oil refinery in Saudi Arabia’s oil-rich Eastern Province at an estimated cost of around five billion dollars. . “Saudi Aramco and Total today signed a comprehensive memorandum of understanding related to the planned development of a 400,000 barrels per day […]


Govt promotes CNG, biofuel to save energy

Govt promotes CNG, biofuel to save energy thumbnail

President Susilo Bambang Yudhoyono has promised to lower the price of compressed natural gas (CNG), once the public gives a positive response to the drive to use environmentally-friendly fuel to reduce dependency on oil-based fuels. “I ask taxis, buses, bajaj and private vehicles to gradually use CNG,” president said after officially opening a CNG station, […]


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