States seek relief from high gas costs

WASHINGTON “There is an uneasiness about the future,” says Hal Spencer, spokesman for the state budget office. “How much higher will prices go, and at what point will the costs begin to visibly limit the state’s ability to deliver services citizens want?” The most common proposal: reducing state gas taxes or eliminating them for the […]

DVD on the IV International Workshop on Oil and Gas Depletion now available

After its launching 8 days ago at You can watch a digest of the footage included in the DVD here: http://video.google.com/videoplay?docid=1771926373635406046 To order a copy of the DVD please visit http://www.aspo-portugal.net/ To know more about the IV International Workshop on Oil and Gas Depletion visit http://www.cge.uevora.pt/aspo2005/ And don’t forget that the V International Workshop on […]

Heat and light: New Statesman Energy Supplement

This week’s New Statesman offers Energy Supplement Energy is not a “normal” political issue. As Henry Kissinger once wrote, “control energy and you control the nations”. And you don’t have to look far to see that a lot of people still feel that way. The recent nationalisation of Bolivia’s gas fields by the country’s president, […]

Long haul breaks spell bad news for the climate

After the Filofax, the mobile phone, the laptop, the iPod, the taste for sushi and the 4×4, here comes the latest must-have for Britain’s affluent young professional class: the weekend far away. A growing number of people who have money coming out of their ears but not the hours in the day to spend it […]

West’s failure over climate change ‘will kill 182m Africans’

The poorest people in the world will be the chief victims of the West’s failure to tackle global warning, with millions of Africans forecast to die by the end of the century, Christian Aid says in a report out today. The potential ravages of climate change are so severe that they could nullify the efforts […]

South Korea enters the Great Game

South Korea’s gross domestic product (GDP) is expected to grow at 6% this year, which, though a less torrid pace than in previous decades, still leads to rapidly growing energy demand to sustain the economy. Since the late 1970s, electric consumption has increased a hundredfold, from 36 terawatt-hours (TW-h) in 1978 to 365 TW-h in […]

Triage for the post-peak oil age

When casualties overwhelm battlefield doctors, they are often forced to sort the wounded into three groups: those who will survive without treatment, those who will likely die even with treatment, and those who will probably live but only with treatment. In the post-peak oil age we will likely be faced with a similar situation in […]

NATO Seeks to Provide Energy Security in Central Asia

A move is expected from the NATO, the North Atlantic Treaty Organization, to deal with issues related to Central Asian energy resources that gained greater importance following the tension that arose between Russia and Ukraine over natural gas supply, in addition to the crisis over Iran’s nuclear activities. NATO seeks to play a new role […]

Asian nations to get help saving energy

The Natural Resources and Energy Agency will formulate a plan to offer Japan’s energy saving technologies and methods to rapidly growing Asian economies, agency officials said. The agency, an arm of the Ministry of Economy, Trade and Industry, wants to incorporate the project in its new energy strategy report to be compiled this month according […]

High Oil Prices Stress Russian Economy

With prices reaching 70 USD, the gold-foreign exchange reserves of Russia have grown by 200 billion USD. What will happen when the price of a barrel exceeds 90 or 100 USD (as forecast for 2007 by Goldman Sachs)? Apart from the aforementioned 200 billion USD, there is also a rather large surplus in the Russian […]

UK takes steps to prevent winter energy crisis

The UK government is proposing reforms to the planning system that could pave the way for the construction of up to 10 new gas storage facilities. The changes to be put forward this week aim to make energy supplies more secure. Alistair Darling, the trade and industry secretary, told the FT he would set out […]

Oil Falls as Naimi Says OPEC’s Output Growth May Outpace Demand

Crude oil fell for a second day in New York after Ali al-Naimi, Saudi Arabia’s oil minister, said there’s a risk OPEC’s capacity expansions may outpace demand. The Organization of Petroleum Exporting Countries mustn’t take forecasts about “strong” oil demand growth as “solid,” Naimi said in Amman, Jordan yesterday. Record prices are curbing sales in […]

Chavez Sees Oil at $100 a Barrel if US Hits Iran

LONDON (Reuters) – Venezuelan President Hugo Chavez said on Sunday that if the United States attacked Iran in its dispute with Tehran over nuclear technology, the price of oil could soar to triple figures. Visiting London following an EU-Latin American summit in Vienna at the weekend, Chavez, leader of the world’s fifth largest oil exporter, […]

Iceland harnesses green energy for heat, power

Imagine an entire nation dependent on something other than oil for its energy. It’s cheap. There’s plenty of it. And it means never worrying about instability half a world away. But to find it, you have to go to Iceland — a country better known for its glaciers and booming fishing industry than leading the […]

Arab energy industry not competitive enough – Saudi

The energy industries of many Arab oil producers are not competitive enough and the region should invest more in developing the sector while keeping in mind efforts by industrial nations to reduce dependence on crude oil, Saudi Oil Minister Ali al-Naimi said on Sunday. He also told an Arab energy conference in Jordan that Middle […]

OPEC ‘Doing Enough’ to Meet Demand as States Miss Output Quotas

May 14 (Bloomberg) — Saudi Arabia and Qatar, which together account for a third of OPEC’s output, said members are doing enough to expand oil production capacity even as four states in the exporters group have failed to meet their quotas since January. Saudi Oil minister Ali al-Naimi said oil producers should study future demand […]

US ‘Must Beware’ Rise in Al-Qaeda Oil Strikes

The US and its Arab allies must expect an increase in attacks on their oil infrastructure in the next phase of the war by al-Qaeda targeting the US economy, the former Central Intelligence Agency official who was responsible for hunting down Osama bin Laden warns on Monday. Writing for the Jamestown Foundation, a Washington security […]

Philly Students Build Biodiesel Hybrid Supercar

May 9, 2006 – A super car built by Philadelphia high school students is on its way to defend its title in a national competition. A ride in the Hybrid Attack is one to remember. The bio-diesel car can go up to 150 miles per hour. But the kit car’s claim to fame is not […]

Big Oil limiting gasoline supply

California pays for corporate chicanery Californians are paying the highest price in the continental United States for gasoline. The nation’s big oil companies announced world record profits for the first quarter, building on last year’s world record profits. Sound familiar? The latest version of California’s electricity crisis registered $3.37 per gallon at the pump last […]

US has low-cost alternatives to oil

Peak oil frenzy and human-induced climate change avoidable says Columbia University report Surging oil prices have fueled calls for the United States to develop new sources of affordable and secure domestic energy. While renewable energy — especially biofuels, wind power, and solar technologies — is an area of particular interest, researchers from the Earth Institute […]

Lee Chin’s AIC looks to oil firms for growth

On a bet that the price of oil, now hovering at a historical high of US$70 per barrel, will not crash in the near future, Michael Lee Chin’s AIC has invested in several emerging energy-based companies. On Thursday, AIC’s senior vice president James Cole told investors in Jamaica why at least one of the funds […]

No happy ending on oil fairy tale

Let’s say you’re planting a tree in your back yard and strike the world’s mother lode of pure, sweet marshmallow fluff. Since the world runs on the stuff, you know you can sell every ounce you spoon from the ground. You harvest about a ton of white gold each day, and sell it for $1 […]

Fuel economy takes a big hit with E85

It all sounds so Yankee Doodle Dandy wonderful – those ads showing golden corn kernels magically helping make America energy self-sufficient by using corn-created E85 ethanol fuel. But is there a downside for consumers? Why are the automakers suddenly pushing flexible-fuel vehicles, which have been around for years? Before you run out to buy a […]

Pakistan Hits One-Million Natural Gas Vehicle Mark

According to statistics from the Hydrocarbon Development Institute of Pakistan (HDIP), the country now has more than one million natural gas vehicles on the road. Pakistan is now one of three countries in the world with more than one million NGVs in their fleets, behind Brazil with 1,117,885 and Argentina with 1,459,236, according to statistics […]

China And India, Start Your Engines

Energy Policy: If you think there’s a gas crunch now, just wait until a couple billion more people take to the world’s highways. The competition for oil resources will get worse. So why are we sitting on ours? America, President Bush has said, is addicted to oil. But he might have said America is addicted […]

Full Tanks Put Squeeze on Working Class

MIAMI BEACH Ms. Lopez, 48, who lives in the outlying suburb of West Kendall, must conserve every gallon possible for the 60-mile round trip to and from her job as the housekeeping manager at the Bentley Hotel in Miami Beach. “There is not enough money to spend for gas,” she said. “You have to think […]

Forget siphoning, these wildcatters are drilling for gas

Sacramento’s Tahoe Park area got hit by a late-night oil drilling expedition this week, as thieves made off with gas from several residents’ trucks by drilling holes in the tanks. Wednesday morning, when resident Anthony Vera tried to start his pickup, the fuel gauge showed empty and the pavement under the truck smelled of gas. […]

Global warming is about to hit high gear: McKibben

McKibben: The real scientific debate about global ended almost a decade ago, in terms of whether or not humans were warming up the planet, and whether or not it was going to be a big problem. Basically, almost all the world’s climatologists climbed on board with this idea by the late 1990s. Partly that is […]

Offshore Drilling: U.S. House Panel Approves Natural Gas Exploration

The House Appropriations Committee today voted to strip a longstanding congressional prohibition against offshore natural gas exploration. By a 37-25 vote, the panel approved the amendment from Rep. John Peterson (R-Pa.) that would eliminate the ban in the fiscal 2007 Interior and Environment spending bill. rigzone

State govts talk energy conservation

As India swelters under severe power crisis and demand-supply gap swells, state governments are talking about energy responsibility and conservation issues. While residents in Delhi have been asked to limit their use of air conditioners, in Lucknow too people have been asked to pitch in for saving energy. Other states are imposing weekly off days […]

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