Netherlands Seeks Bilateral Energy Treaties

The cabinet sent the Security of Energy Supplies and Foreign Policy memorandum to the Lower House Friday. The memorandum is a reaction to recommendations by the Advisory Council for International Affairs (AIV) and the General Energy Council (AER) in January. The long-term goal of Dutch energy policy is and remains the transition to a sustainable […]

German producer prices up again

Germany has seen the fastest increase in producer prices for nearly 24 years, adding to fears about inflationary pressures in Europe’s biggest economy. Prices paid by German firms for industrial products went up 6.1% compared with a year earlier. On a monthly basis, prices rose 1%. Big rises in energy prices and raw material costs […]

Hybrid-Electric Vehicle (HEV): Ideal Choice for Chinese Auto Manufacturers

In the 1970s, many famous auto companies such as Ford and Toyota started to develop Battery Electric Vehicles (BEV) due to the oil shortage. But finally, new vehicles mainly driven by the electric power did not go very far, which resulted from fuel cells problems. Therefore, some large companies turned to another field: Hybrid Electric […]

Energy gives the power to surging markets in Russia

Peter the Great, he may not be. But some investors welcome the reign of Vladimir Putin as markets in Russia have been more stable since he assumed his country’s presidency at the turn of the millennium. Even though his US counterpart George Bush has been attacking his country’s democratic record and it looks as if […]

New Zealand’s Southland Tipped to Become Oil and Gas Hub

Basins where seismic surveys and drilling programs are in progress: The first two onshore wells drilled by L&M were Orepuki, completed in October 2005, and Sharpridge Creek No 1, completed in February this year. Sharpridge Creek No 1 is cased and ready for testing later this month. Southland is poised to become the hub of […]

Oil At $100? It’s No Longer A Pipe Dream

Last May, Goldman Sachs (GS) raised eyebrows on Wall Street by releasing a report warning that crude oil could see a “super spike,” with prices reaching as high as $105 per barrel. And now? Well, the price of the front-month crude contract on the New York Mercantile Exchange is averaging above $65 per barrel for […]

Reducing Battery Consumption To Save Energy

A large amount of energy and natural resources are used to manufacture and dispose of batteries. Purchasing batteries is rather expensive as well, and they can be harmful to the environment when discarded. It is possible to substantially reduce consumption of batteries without curtailing use of battery-powered equipment by adhering to some of the following […]

Environmentalists Urge More Clean Energy for Asia

The Asian Development Bank says it will spend $1 billion to promote clean energy projects in Asia. Environmentalists say it is imperative for Asia to reduce its reliance on coal-based power plants, which pollute the atmosphere, and may contribute to climate change. A big part of the problem is the high use of coal, which […]

Turned Off by Global Warming

Well, I for one am very, very worried. As the mother of two young boys, I want to do everything I can to protect their future. But I feel like a shnook buying fluorescent light bulbs nytimes

The Dollar/Oil-Price Connection

The greenback has a role in todayNational Review

Villepin pins hopes on biofuels to face ‘oil crisis’

New measures aim at increasing the blending of biofuels in cars to 10% per volume by 2015, French PM Dominique de Villepin announced. The measure is part of a wide-ranging energy policy review.Euractiv.

Ethanol: Myths and realities

With high gas prices making alternative fuels increasingly attractive, no alternative fuel has received as much attention as ethanol. Some hail the fuel, which can be derived from plants including corn, wheat, barley and sugarcane, as a savior of American energy policy, while others see it as a fad popularized by its heavily subsidized corporate […]

All-Renewable Energy Exhibition Almost Under Way

The All-Energy Exhibition and conference (24-25 May) is claimed to be the largest UK show devoted to all sources of renewable and sustainable energy and the challenges and opportunities facing the industry. This year’s sixth annual show is expected to surpass last year’s attendance. Energy Minister, Malcolm Wicks MP, will deliver the keynote opening address. […]

The factors behind the increase in the price of oil

Today global crude oil prices are hovering around US$70 a barrel, compared with merely about US$20 in 2002. Earlier on April 21 and 24 the price of a barrel of oil reached $75.35 on the New York Mercantile Exchange, the highest since the contracts began trading in 1983. So what are the reasons for oil […]

Peak Oil Passnotes: Wildebeest Mentality

Right around the world it has been impossible to miss the fall in commodities and equities. The Dow Jones, the FTSE, the Nasdaq, the AIM, the CAC, Dax, Mibtel and more have caught a dose of fear. With them went oil and gas. It might sound like singing oneresourceinvestor

End Times

Los Angeles Times – If Al Gore’s documentary “An Inconvenient Truth” has a single message, it’s that global warming is badLos Angeles Times

The Oil Drum: XTL’s Promise and Peril

I have stated on several occasions that I believe global warming is a greater immediate threat than Peak Oil. As long as the demand is there, energy companies will strive to supply fuel to the marketplace. To meet the demand, we will develop tar sands, even though doing so will consume enormous quantities of natural […]

Gas prices: No relief in sight

Demand has cooled a bit, but with a robust economy and limited inventories, don’t expect good news for drivers – or investors. NEW YORK (FORTUNE) – First, the good news: U.S. gasoline prices may come down by a dime or so in the next month. Now the bad news: That’s about as much relief as […]

Natural Gas Prices Slide to 15-Month Low

WASHINGTON – With the price of natural gas at a 15-month low, the industry that supplies this mostly domestic fuel has a message to consumers: don’t get used to it. Following a warm winter that sapped home-heating demand, U.S. natural-gas inventories have bulged to record springtime levels, and that has caused prices to plummet roughly […]

Wheat Prices Climbing Amid Global Drought

WICHITA, Kan. (AP) – A global drought in major wheat-producing countries coupled with the lowest world grain stocks in a quarter century are fueling rising wheat prices amid predictions of shortages, farm economists said. “It has been a steady climb,” Mike Woolverton, a grain marketing economist at Kansas State University said Thursday, adding that he […]

What You Need to Know about Peak Oil

Examines the Peak Oil debate from both sides and attempts to provide the information you need to better understand this complex, but very important issue. Apocalypse. The end of the world as we know it. A return to the Dark Ages. Those are some of the scarier phrases used to describe the upcoming peak in […]

A Texas trucker on fuel prices

Do you remember a few years back when all those people ran out and bought diesel-powered cars because the fuel was so much cheaper than gas? Heck, diesel was just a by-product of gasoline, it Doesn

Gas sellers suggest ways to cut prices

Group urges tough theft penalties, lower fees for credit cards Gas station owners feel your pain. At a State House hearing yesterday to address soaring pump prices, gas station owners urged Massachusetts legislative leaders to take a serious look at two ideas: lower credit card fees and tougher penalties for gas thieves. Twenty-six other states […]

Cuba revolutionizes its energy policies

U.S. jitters over the prospect of dwindling world energy supplies are mounting daily. The consequences were devastating. Power outages were widespread. Food production took a big hit. Caloric intake fell an average of 40 percent. Most adults lost 25-30 pounds. Cuba survived, its socialist ideals intact, largely because its leadership and people took organized steps […]

Honda to stop making slow-selling Insight

Automaker to introduce a new, more affordable hybrid in 2009 DETROIT – Honda Motor Co. will stop making the slow-selling Honda Insight hybrid in September and will introduce a new, more affordable hybrid to the North American market in 2009, a company spokesman said Thursday. The Honda Insight was the first hybrid vehicle on sale […]

Saudi FM says oil market situation is ”weird”

Saudi Foreign Minister Prince Saud al-Faisal pledged to work for lower oil prices and said it was “weird” they had risen so high with a surplus of crude available on the market. Prince Saud made his comments after talks with US Secretary of State Condoleezza Rice that covered the global energy landscape as well as […]

Leaders of Big Three meet on Capitol Hill

Lawmakers pledge to help U.S. automakers compete against foreign firms WASHINGTON – The Big Three automakers pressed Congress on Thursday to help make ethanol fuels more widely available, saying that would be an immediate step toward lessening U.S. dependence on foreign oil. Leaders of General Motors Corp., Ford Motor Co. and DaimlerChrysler AG

Natural gas producers warn of costly future

Warm winter helped reserves, but hot summer, hurricanes could undo them WASHINGTON – With the price of natural gas at its lowest level in more than a year, the industry that supplies this mostly domestic fuel has a message to consumers: don …But the Natural Gas Supply Association, which represents companies that produce the fuel, […]

How to pass a peak oil resolution

The most straightforward way to get your municipality engaged on responding to our energy predicament is a resolution. On what I call 4-11 (“four eleven”) – that is April 11th, 2006 – San Francisco became the first major city in North America to pass a resolution about our energy predicament. The resolution calls for peak […]

Tribal rebels blow up two gas pipelines in Pakistan

Suspected tribal militants blew up two natural gas pipelines in Pakistan’s troubled southwest province of Baluchistan overnight, officials said on Friday. Baluchistan, Pakistan’s largest but poorest of four provinces, is home to the country’s largest gas and oil reserves. Yahoo!

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