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News from May 2006

Fuel program may violate U.S.-Japan nuclear pact

Fuel program may violate U.S.-Japan nuclear pact thumbnail

A U.S.-initiated international program aimed at safely providing nuclear fuel to developing nations, in which Japan has agreed to take part, may violate the Japan-U.S. pact on atomic energy cooperation, Japanese government sources said Saturday. The program, intended to develop new and more efficient ways to produce nuclear fuel and provide it to other countries, […]


RI to open bidding on nuclear plant

RI to open bidding on nuclear plant thumbnail

Indonesia will pursue plans to build a nuclear power plant in Muria, Central Java, to help deal with looming energy shortages. Bidding for the project is scheduled to begin next year and construction in 2009. The government hopes that by 2015 it will have a reactor able to supply 1,000 megawatts of electricity. Energy and […]


The high fuel prices have slowed the pace of global economy

The high fuel prices have slowed the pace of global economy thumbnail

In 2005, world economy reached its zenith and the gross world product increased by 4 percent compared to 2004, with a forecast of 3 American Chronicle


The long farewell to oil

The long farewell to oil thumbnail

Petroleum is still the most important raw material used in the production of electricity, heat and fuel. But it is a finite resource. That is compelling us to consider alternatives. Biodiesel or fuel cells-which fuel and which technology can replace oil? And above all, when?..Although the oil price has again fallen slightly since its all-time […]


The Great Coral Reef disaster

The Great Coral Reef disaster thumbnail

Global warming is killing coral reefs, the Bush administration has formally admitted. And the admission means that, under US law, it will finally be obliged to take action to reduce the pollution that causes climate change. The US National Marine Fisheries Service (NMFS) has this month ruled that two species of coral – elkhorn and […]


THE OIL SANDS SWEEPSTAKES

THE OIL SANDS SWEEPSTAKES thumbnail

To understand the latest surge in the oil sands boom, break out your favourite Three Stooges flick. At some point, the Stooges rush to leave a room, only to end up with all three wedged in the door frame. It is the Moe-Curly-Larry dilemma: What might work for one is defeated when everybody follows suit. […]


Solution or Distraction? An Ethanol Reality Check

Solution or Distraction? An Ethanol Reality Check thumbnail

ETHANOL is on a roll, increasingly promoted as a homegrown alternative to oil from the Middle East. But is ethanol really the fuel of the future, or is it destined to remain a niche product in the Midwest, subsidized by Congress for the benefit of farm-state politicians? Here are some basic questions and answers: nytimes


FUTURE FUELS

FUTURE FUELS thumbnail

The energy challenge faced by developing countries is indeed enormous. According to the World Energy Outlook 2005, the energy demand will increase by over 50% by 2030 and carbon dioxide emissions by 52%, if policies remain unchanged. The investment needs of developing countries during the next 25 years are approximately pegged at $5 trillion. In […]


The Pipes Carry Clout With the Oil

The Pipes Carry Clout With the Oil thumbnail

AS energy-rich countries feel empowered by high oil prices, they are increasingly using a blunt instrument to make their influence felt. Call it the power of the pipeline. “Pipelines play a critical role in an age of increased tightness in energy markets, terrorist threats to energy infrastructure, and political use of energy resources,” said Anne […]


The Real Story Of Pricey Oil

The Real Story Of Pricey Oil thumbnail

In March 2005, when a young goldman sachs analyst, Arjun Murti, predicted a doubling in oil prices to $100 a barrel, some compared the projection with the exaggerated forecasts of the technology era. But with oil at $70 a barrel, Murti’s idea doesn’t look bubbly anymore. Now we’re experiencing a different conventional wisdom, one that […]


A commodity crash is on its way

A commodity crash is on its way thumbnail

Everyone knows we are in the midst of a commodity price boom. What no one can be sure of is why. The obvious answer is that the world economy is growing fast, and China’s early-stage industrialisation has brought back into fashion metals and minerals more-developed economies no longer need in such quantities. That may not […]


With Gas Prices Flying High, Annan Calls for Energy Revolution

With Gas Prices Flying High, Annan Calls for Energy Revolution thumbnail

With growing concerns over high prices of oil and its adverse impact on the world’s poor and the environment, the United Nations is urging policy makers to explore the use of alternative sources for energy. We need a revolution in energy efficiency,” UN Secretary-General Kofi Annan told the UN Commission on Sustainable Development (CSD) this […]


Griping About Gas Prices … in a New SUV

Griping About Gas Prices … in a New SUV thumbnail

Newsweek – With all the histrionics about rising gas prices coming out of Washington these days, SUVs must be an endangered species in our nation’s capital, right? Well, not exactly. At Capitol Cadillac, just inside the Beltway, SUVs are flying off the lot. Last week, former White House chief of staff Andy Card dropped by […]


The big oil companies target Canadian oil sands operators

The big oil companies target Canadian oil sands operators thumbnail

STAFF at Calgarythebusinessonline


No Matter What They Say, It’s Still About Oil

No Matter What They Say, It’s Still About Oil thumbnail

Sun-Sentinel.com – We are now witnessing another fear-inducing barrage of propaganda mirroring the exaggeration and deception that led to the ongoing debacle in Iraq. This time the target is Iran, with the same underlying but unspoken rationale: continuing control of worldwide trade of oil in U.S. dollars and its production in pliant and friendly hands. […]


Global economy, led by China, shrugs off soaring commodity prices

Global economy, led by China, shrugs off soaring commodity prices thumbnail

The prices of commodities such as oil, copper, aluminium, platinum and sugar are smashing records — and will head higher owing to fierce demand from economic powerhouses India and China, analysts say. With sizzling rates of growth in the two emerging giants, home to one third of the world’s population, supplies of raw materials will […]


Sweden: Breaking Dependence on Oil is

Sweden: Breaking Dependence on Oil is thumbnail

Speaking at the greencarcongress


The Pipes Carry Clout With the Oil

The Pipes Carry Clout With the Oil thumbnail

NYT – AS energy-rich countries feel empowered by high oil prices, they are increasingly using a blunt instrument to make their influence felt. Call it the power of the pipeline. New, superlong pipelines are planned for South America, the Middle East, Russia and Africa, and oil-producing countries are using them to forge political alliances, punish […]


Chavez Plans Cheap Oil for Europe’s Poor

Chavez Plans Cheap Oil for Europe’s Poor thumbnail

VIENNA, Austria (AP) – Venezuelan President Hugo Chavez said Saturday that he wants to provide cheap heating oil for low-income Europeans, proposing a plan similar to the one he carried out in parts of the eastern United States. Chavez said Venezuela has two oil refineries in Germany and one in Britain but did not provide […]


India Faces Major Electricity Crisis

India Faces Major Electricity Crisis thumbnail

05/13 (LWN) A severe electricity crisis has affected India, especially in the northern region and capitol, for the past several days. India is seeking additional natural gas supplies to remedy this problem. Pakistan’s Daily Times newspaper reported that widespread power outages occured in India while temperatures reached into the 40s (over 100F). It stated that […]


Nigerian Leader Orders Pipeline Protection

Nigerian Leader Orders Pipeline Protection thumbnail

ILADO, Nigeria – President Olusegun Obasanjo ordered stepped-up protection for pipelines after a gasoline blast killed up to 200 people, but Nigerians said Saturday that impoverished villagers would keep tapping the pipes to pilfer fuel. Rescue workers tried to finish collecting the dead for burial in mass graves by sundown. But at least 22 charred […]


Why the United States Invaded Iraq and is Now Thinking About Invading Iran

Why the United States Invaded Iraq and is  Now Thinking About Invading Iran thumbnail

…But the fact is that in 15 years the North American and Asia Pacific oil reserves will be depleted. This will represent a marked reduction in oil supplies worldwide. In other words, within 15 years, if we do not increase oil production drastically in the Middle East and elsewhere, the world will face tremendous oil […]


Van service cuts commuter costs to Madison

Van service cuts commuter costs to Madison thumbnail

WISCONSIN – As gas prices creep higher and more and more Columbia County residents commute to Madison for work each day, the need for a cheaper way to travel becomes increasingly important. Lucky for area commuters, there has been a program in place for nearly three decades. The Van Pool program, overseen by the Wisconsin […]


Renowned energy strategist sees extraordinary changes ahead

Renowned energy strategist sees extraordinary changes ahead thumbnail

As he prepared to discuss the future of the world’s oil and natural gas business, Henry Groppe, a renowned oil and gas strategist and founder of the Groppe, Long & Littell consulting firm in Houston, urged his audience to keep two things in mind: “One is the dominance of the oil and gas industry. It […]


Hydrogen is a Fine Fuel, But Tough to Get

Hydrogen is a Fine Fuel, But Tough to Get thumbnail

Fuel Cell Works – Any politician who talks about cars running on hydrogen, without mentioning that we don’t happen to have any hydrogen, should be beaten with sticks. Any reporter that lets one get away with it should be assigned to cover Anna Nichole Smith. Yes, making hydrogen gas is a wonderful way to store […]


Military Plans Tests in Search for an Alternative to Oil-Based Fuel

Military Plans Tests in Search for an Alternative to Oil-Based Fuel thumbnail

NYT – When an F-16 lights up its afterburners, it consumes nearly 28 gallons of fuel per minute. No wonder, then, that of all the fuel the United States government uses each year, the Air Force accounts for more than half. The Air Force may not be in any danger of suffering inconveniences from scarce […]


Dead Cows Move Trains

Dead Cows Move Trains thumbnail

The farm is a rich source of alternative energy. It’s time India caught up. If ever a good Hindu should want to take the train between Linkoping and Vastervik in Sweden, it might be best not to think it runs on dead cows But the travelling Hindu is likely to be far more comfortable on […]


Climate Change And Peak Oil

Climate Change And Peak Oil thumbnail

One might think that a long-bearded representative of an eco-farm in Tennessee who talks about the oil addiction of America as


The factors behind the increase in the price of oil

The factors behind the increase in the price of oil thumbnail

“…cliques of powerful capitalists are pushing the world towards a forthcoming war over the control of energy and its security. Only a state with an alternative ideology to capitalism will be able to resists this onslaught.” Today global crude oil prices are hovering around US$70 a barrel, compared with merely about US$20 in 2002. Earlier […]


Oil Into Euros? A Risky Idea

Oil Into Euros? A Risky Idea thumbnail

Nashuatelegraph.com – The virulently anti-American and oil-rich government of Iran is moving toward establishing an oil market denominated in euros, the currency of most of the European Union. Petroleum is currently priced in dollars around the world. This change may not be implemented anytime soon, but if it were, it could have deep effects Nashuatelegraph.com


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