Witnesses at a House Science Subcommittee on Energy hearing today greencarcongress
Los Alamos National Laboratory announced today the birth of a collaboration on the development of fuel cells and hydrogen technologies between Los Alamos, Japan’s New Energy and Industrial Technology Development Organization (NEDO) and National Institute of Advanced Industrial Science and Technology (AIST). Formalized recently by a Memorandum of Understanding, the partnership anticipates collaborations between the […]
05/17 (LWN) This week has seen a substantial deterioration of already-unfriendly relations between Caracas and Washington. The U.S. government issued trade sanctions prohibiting the sale of weapons to Venezuela and added Venezuela to a list of nations of “concern” in the War on Terror. Venezuelan President Chavez responded by threatening to sell his nation’s American […]
WILMINGTON, May 17, 2006 — In response to continued increases in raw material costs, DuPont today announced that it will raise prices across most businesses. In a report released today, DuPont economists cited limited refining capacity and the continuing impact of rising oil prices for the upward pressure on prices of commodity chemicals that serve […]
BBC – Venezuela’s President Hugo Chavez has described oil prices as “fair” and said he would work to maintain them, during a visit to Libya. Mr Chavez said he discussed improving bilateral ties and working together on oil with Libyan leader Muammar Gaddafi. The two men are expected to sign an agreement but no details […]
Canada.com – Frenzied development of northern Alberta’s oilsands is expected to push Canada’s oil production to about 4.9 million barrels per day by 2020, the Canadian Association of Petroleum Producers said Wednesday… Canada is one of the few countries in the world that is expecting large production increases in the future as conventional energy reserves […]
Dissident Voice – A specter is haunting global civilization: the specter of Dissident Voice
BROOKLIN, Canada, May 17 (IPS) – BROOKLIN, Canada, May 17 (IPS) – The world is now eating more food than farmers grow, pushing global grain stocks to their lowest level in 30 years. Rising population, water shortages, climate change, and the growing costs of fossil fuel-based fertilisers point to a calamitous shortfall in the world’s […]
MarketWatch – The American Petroleum Institute said motor gasoline inventories fell 2 million barrels for the week ended May 12, contrary to the 1.3 million-barrel increase reported by the Energy Department. Crude stocks fell 4.2 million barrels, the API said.MarketWatch
Schlumberger – OPEC’s report is more optimistic on demand growth than last week’s report from the International Energy Agency. In Friday’s report, the IEA slashed its demand growth figure for the year by 220,000 b/d to 1.24 million b/d and said the downward trend could accelerate as more fuel subsidies are removed in Asia and […]
For Walter Sims, every day is Bike to Work Day. Fueled by concerns about the world’s dwindling oil reserves and rising temperatures, the 40-year-old computer engineer decided more than a year ago to become a two-wheeled commuter. Every day, he bikes an hour each way from his home in Redondo Beach to his job in […]
The nation’s top legal driving speed soon could rise to a long-forbidden 80 mph as Texas moves toward increasing the limit on parts of two interstate highways. The proposed increase on Interstates 10 and 20 in West Texas is opposed by some national traffic safety advocates, who say speed contributes to many crashes. “That’s not […]
WASHINGTON Excluding energy and food, which can swing widely from month to month, “core” prices rose 0.3% in April, matching March’s rise. The Federal Reserve and economists closely look at the core inflation reading to get a sense of how prices are acting. The second sizable increase in core prices could fan fears that rising […]
MINNEAPOLIS – One agribusiness giant is enthusiastic about using farmland to produce fuel. Another says growing food should be the top priority for those fields. Archer Daniels Midland Co., by far the country’s largest ethanol producer, has taken an aggressive approach to biofuels including ethanol and biodiesel. Cargill Inc. has been more restrained, though it’s […]
Prepay pumps adding insult to injury CHICAGO – As if high gas prices weren So, finally the tenuous balance between customer convenience and preventing theft has apparently tipped against those who pay in favor of stopping those who don
Governments adjusting daily operations SOUTH DAKOTA – High gas prices affect almost everyone’s budget, and many government departments have adjusted their daily operations to cope. City Finance Officer Karl Alberts said departments such as parks, recreation and forestry, the police and public works have analyzed budgets and are keeping an eye on prices. “We’re pretty […]
Discovery, made with partners including Exxon Mobil, is 70 miles offshore and under nearly 17,000 feet of water. LAGOS (Reuters) – Energy major Chevron and partners including Exxon Mobil have made a first discovery of crude oil in an exploration block 70 miles off the Nigerian coast, Chevron said Wednesday. Chevron (Research) said in a […]
FRESNO, Calif. – The high price of fuel that powers irrigation equipment, tractors and trucks hauling produce to market is taking a toll on California farmers, and it’s only a matter of time before the pain is passed on to consumers. “It’ll take a couple months to get through the system, but you’ll feel it,” […]
Interview: Writer and urbanist James Kunstler talks about America’s auto-dependent culture, urban sprawl and what he sees beyond our dependence on oil. The record high price of gasoline has been all over the news in recent weeks. While Americans were smart enough not to fall for the congressional Republicans’ ham-handed effort to buy votes with […]
The outcry over Bolivia’s renationalisation and the silence over Chad’s betrays the hypocrisy of the critics Civilisation has a new enemy. He is a former coca grower called Evo Morales, who is currently the president of Bolivia. Yesterday he stood before the European parliament to explain why he had sent troops to regain control of […]
Q. With gas prices so high, is there anything I can do to my car to improve its fuel efficiency and cut my fuel costs? A. You can improve your gas mileage by making some low-cost, easy changes in maintenance. But keep in mind that the amount of gas It’s no secret that trading in […]
QUETTA, Pakistan (Reuters) – Tribal militants fighting for more autonomy blew up a natural gas pipeline in Pakistan’s troubled southwest on Wednesday, killing a girl and wounding her mother and another relative, officials said. The girl died when the 16 inch diameter pipeline passing near her house in Dera Bugti town in Baluchistan province blew […]
In line with the government’s plan to optimize gas utilization at home, a minister says he is considering the gradual halting of liquefied petroleum gas (LPG) exports. Energy and Mineral Resources Minister Purnomo Yusgiantoro told reporters Tuesday that the halting of exports would likely be needed to meet a surge in demand at home as […]
The Mozambican government is negotiating with the International Monetary Fund (IMF) and the World Bank for an additional 50 million US dollars in its foreign reserves to strengthen its capacity to import refined fuels, reports Tuesday’s issue of the Maputo daily “Noticias”. Finance Minister Manuel Chang said that the government target of eight per cent […]
India said on Tuesday that rich nations must lead a fight against global warming, telling a 189-nation U.N. conference that developing countries should instead give priority to ending poverty. India said that it could not be expected to limit use of fossil fuels, widely blamed for stoking climate change, when 35 percent of its population […]
Crude-oil prices hit a record US$75 per barrel in late April, a level nearly three times the prices seen just prior to the US-led invasion of Iraq in March 2003. Although oil prices have slipped a few dollars since then, the bullish price environment is not something the Bush administration banked on when it launched […]
The Lagos Chamber of Commerce and Industry has appealed to operators in the Oil and Gas Sector of the National economy to help in the fight against the threatening poverty situation in the country. The Chamber’s President, Dr. Herbert Ademola Ajayi, who made this call weekend in Lagos, during the Chamber’s First Quarterly Business Luncheon […]
The United States’ move on Monday toward normalised relations with Opec member Libya should help the African nation in its quest to expand its crude oil production capacity, experts said. Culminating a years-long rapprochement, Washington will reopen an embassy and remove Libya from a list of state sponsors of terrorism, rewarding the longtime pariah nation […]
Syria’s petroleum wealth, although limited by Mideast standards, is attracting the growing interest of oil-hungry Asian nations, even as some American oil majors pull out to minimize their investment risks Oil production is a vital component of the Syrian economy, generating almost 70 percent of its export revenues. But output has been in decline for […]
A hastily arranged government survey has found that 71.4 percent of about 1,500 small businesses have seen their earnings hurt by soaring oil prices, up from 65.6 percent in January, the Ministry of Economy, Trade and Industry said Tuesday. The percentage of companies that see a “serious impact” on their earnings reached 24.8 percent in […]
Oil News Categories
Recent Board Topics
Archive
LATEST NEWS HEADLINES

Member Comments
PO Real Time
No tweets available