IEA Sees Clear Signs That Demand Erosion Is Underway

NASDAQ – U.S. light, sweet crude prices surged to a record $75.35/bbl last month, fueled by a wall of investment money from hedge and pension funds and on anxiousness over the supply outlook for Organization of Petroleum Exporting Countries members Iran and Nigeria. The IEA said unusually warm winter weather had contributed to weaker oil […]

U.S. Worried About China’s Involvement in Americas?

SHANGHAI (Interfax-China) — China’s interest in exploring oil and gas on Cuba’s northwestern coast close to the Florida Keys has further raised the concerns of the United States about the threat that China poses to U.S. energy security, according to Interfax. China has been trying to boost its presence in the U.S. “backyard”, sealing deals […]

Wind Farm in Adirondacks closer to reality

PAUL SMITHS — A wind farm near the Gore Mountain ski area moved a step closer to fruition Thursday. In Saratoga County, the Greenfield Town Board moved along a request from a separate wind energy company to erect nearly 200-foot test towers near Lake Desolation. The project in Johnsburg, Warren County, had been stalled at […]

New Top Corporate Air Polluters Named

AMHERST, MA, May 11, 2006 The Toxic 100 index is based on air releases of hundreds of chemicals from industrial facilities across the United States. The rankings take into account not only the quantity of releases, but the relative toxicity of chemicals, nearby populations, and factors such as prevailing winds and height of smokestacks. The […]

200 Feared Dead in Nigeria Oil Blast

LAGOS, Nigeria – An oil pipeline exploded Friday in Nigeria and up to 200 people are feared dead, a local television station reported.

Nigeria’s Channels Television reported the fiery blast came as villagers flocked to a ruptured conduit at Ilado town outside the main city of Lagos to scoop up fuel gushing out. Up to 200 may have perished in the explosion, the station said. There was no immediate confirmation.

Yahoo

Let’s Raise Gas Taxes & Lower Income Taxes

by Lester R. Brown Now that the $100 tax rebate proposed by the Senate Republican leadership as a response to rising gasoline prices has been discarded, it is time to get serious. Any effective response to climbing gas prices must recognize a geological reality, namely that the earth Instead of encouraging gasoline use with tax […]

Smaller firms fearful as fuel prices surge higher

BRITAIN’S businesses are struggling to absorb the effects of rising fuel and energy costs, the Yorkshire Bank’s latest quarterly business confidence survey suggests. More than 50 per cent of those polled, which included members of the Leeds-based bank’s UK wide Financial Solutions Centre (FSC) network as well as non customers, claimed continued rises in energy […]

House passes $10M hydrogen prize

WASHINGTON (AP) — Scientists, inventors and entrepreneurs will be able to vie for a grand prize of $10 million, and smaller prizes reaching millions of dollars, under House-passed legislation to encourage research into hydrogen as an alternative fuel. Legislation creating the “H-Prize,” modeled after the privately funded Ansari X Prize that resulted last year in […]

Massive wind farm may endanger birds

Would be largest in nation, topping farm in Oregon/Washington SOUTH PADRE ISLAND, Texas (AP) — Texas officials announced plans Thursday for the nation’s largest offshore wind farm, consisting of as many as 170 windmills in the Gulf of Mexico. Houston-based Superior Renewable Energy will build and operate the project, which will be situated within about […]

Earn well, live cheap

More Americans are abandoning the commuting rat race for working at home. NEW YORK (CNNMoney.com) – High gas prices, traffic tie-ups, expensive housing – who needs it? Most Americans, if they want a good paying job. But an increasing number of people are opting out by telecommuting, giving them access to companies in high-paycheck areas […]

Nigerian militants threaten major gas export plant

LAGOS (Reuters) – Militants threatened on Friday to destroy a $13 billion natural gas export plant in Nigeria. The Movement for the Emancipation of the Niger Delta (MEND) said in an email to Reuters they were conscious of the potential for an attack on the Nigeria Liquefied Natural Gas plant to hurt nearby communities, and […]

Gulf Oil Chief Proposes Price-Cap Program

BOSTON – Joe Petrowski would like nothing more than to see gasoline prices drop like a rock. But if they don’t, the chief executive of Gulf Oil LP thinks he’s hit upon a plan to help mitigate sky-high gas prices for the average driver. Petrowski is working on creating price-cap and price-lock systems similar to […]

Refiners testify they are not fixing fuel costs

Trade group tells Congress charges are

GM Orders Executives to `Fill ‘er Up With Ethanol

General Motors Corp.’s drive to put ethanol-based fuel in the tanks of more U.S. cars and trucks may transform Detroit’s neighborhood gas stations and its drivers into pioneers in the use of the gasoline alternative. Getting employees to use ethanol, derived from crops such as corn, is part of the automaker’s effort to encourage the […]

Moving Toward a Hydrogen Economy

They claim that we need to significantly ramp up research and development within the next five decades to develop revolutionary technologies essential for the second half of this century. These scientists outline a 50-year solution using “stabilization wedges,” which represent pieces of a global energy pie that can collectively be executed to reduce current emissions […]

Hydrogen Engine Center Announces North American Distributor Network for Oxx Powe

Hydrogen Engine Center (HEC) (OTC Bulletin Board: HYEG) manufacturer of Oxx Power(TM) engines, announced the official distribution network for the United States and Canada. Oxx Power(TM) engines can be built to run on gasoline, propane, natural gas, hydrogen and an assortment of gaseous fuel blends. HEC is also researching ammonia as a fuel source. prnewswire

The hydrogen revolution

At the recent Globe 2006 environmental trade fair and conference in Vancouver, transportation was centre stage, featuring many hydrogen fuel cell and alternative-fuel vehicles. Several vehicle manufacturers offered delegates the chance to drive alternative-fuel vehicles. Three automakers brought out fuel-cell vehicles – Ford, Honda and Nissan. Since I’d already driven Ford’s Focus fuel-cell car – […]

Global pulp mill industry growth threatens forests

The rapidly expanding world pulp mill industry could be poised for collapse due to a failure by financial institutions to research how wood is going to be found to feed new mills, the Indonesian-based Center for International Forestry Research (CIFOR) said in a report. It said false assumptions about the origins and cost of wood […]

Scientist pours cold water on global warming as factor in killer storms

No evidence exists that global warming is responsible for an increase in severe hurricanes such as Juan, which battered Canada’s East Coast in 2003, and 2005’s Katrina, an American scientist argues in a new study. Patrick Michaels, a professor of environmental science and state climatologist for Virginia, says in the latest issue of the journal […]

Firm claims biofuel breakthrough

A Marlborough company says it has made a huge breakthrough in alternative fuel by turning sewage waste into a diesel substitute. After eight months of research, the international team of New Zealand-based scientists yesterday announced it had successfully turned sewage algae into biofuel.Stuff

Israel and Turkey plan energy pipeline

Turkey and Israel are negotiating the construction of a multi-million-dollar energy and water project that will transport water, electricity, natural gas and oil by pipelines to Israel, with the oil to be sent onward from Israel to the Far East, Antalya Mayor Menderes Turel said this week. The proposal was confirmed by senior officials in […]

World Bank ”Flooded” with Ethanol Fund Requests

The World Bank’s private sector arm is being deluged with funding requests for ethanol projects around the globe as crude oil prices trade near record highs, an International Finance Corp. official said Thursday. “We’ve been flooded with requests from lots of countries. There’s some requests from Latin America, we’ve had several from Africa and one […]

Does nuclear power produce no CO2 ?

Proponents of nuclear power always say that one of the big benefits of nuclear power is that it produces no Carbon dioxide (CO2). This is completely untrue, as a moment’s consideration will demonstrate that fossil fuels, especially oil in the form of gasoline and diesel, are essential to every stage of the nuclear cycle, and […]

Making the Power Grid Smarter

In a project launched earlier this year, researchers at the Pacific Northwest National Laboratory (PNNL) in Richland, WA have modified power-hungry appliances — such as water heaters, thermostats, and dryers — in hundreds of homes in the state to test how networked technology can both save homeowners money on electricity bills and relieve the strain […]

Hydrogen from Biomass

A small company in Madison, WI has developed a novel way to generate hydrogen cheaply and cleanly from biomass. In the next couple of weeks, the technology, developed by Virent Energy Systems, will be used for the first time to continuously produce electricity from a small 10-kilowatt generator at the company’s facility in Madison. The […]

Indonesia to reduce fuel oil consumption: minister

Indonesia will continue to economize on fuel oil consumption even after the world oil price has eventually declined, a cabinet minister said here on Thursday. National Development Planning Minister /National Development Planning Board (Bappenas) Head Paskah Suzetta said the country would continue to retrench fuel oil consumption because the country’s oil resources were running out […]

Burma and India invade Bangladesh maritime area to explore oil, gas

It is reported that neighboring Burma and India have invaded legitimate maritime area of Bangladesh in the deep sea of the Bay of Bengal to explore oil and gas. Taking the advantage of Bangladesh’s delay in oil-gas exploration in the deep-sea, both neighbors have been conducting seismic surveys in the un-demarcated areas without informing or […]

Oil Prices to Fall: Research Chief (Australia)

NEWS.com.au – THE rise of alternative fuels would force a dramatic drop in oil prices in the next 50 years, the head of a government research body said today Anyone predicting an average oil price above $US40 a barrel in the next 50 years had not taken into account the rise of alternative options, Australian […]

NZ Firm Makes Bio-Diesel From Sewage in World First

The New Zealand Herald – A New Zealand company has successfully turned sewage into modern-day gold. Marlborough-based Aquaflow Bionomic yesterday announced it had produced its first sample of bio-diesel fuel from algae in sewage ponds. It is believed to be the world’s first commercial production of bio-diesel from “wild” algae outside the laboratory – and […]

Ruble-Denominated Oil Exchanges Could Launch in 2007 – Expert

MOSCOW, May 11 (RIA Novosti) – Oil and petrochemical exchanges denominated in rubles could be launched in Russia as early as next year, the head of the presidential administration’s expert department said Thursday. In his annual state of the nation address to parliament Wednesday, President Vladimir Putin said that a ruble-denominated oil and natural gas […]

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