East Coast whiners won

I Locating, developing and refining enough crude oil and natural gas to power our national economy is a formidable undertaking. Those of us who live in states that not only allow but encourage the presence of energy companies should understand the significance of that undertaking and support the effort. Those who live in areas that […]

Fuel prices may affect farmers’ planting decisions

WASHINGTON Energy inflation might be affecting planting decisions. A March U.S. Agriculture Department survey found farmers intend to plant 5% less corn and 7% more soybeans this year than in 2005. One possible factor is that soybeans, which can convert nitrogen from the atmosphere, cost much less than corn to plant and fertilize. Pricey natural […]

Bolivia nationalization further sidelines US

WASHINGTON (Reuters) – By nationalizing Bolivia’s energy industry, President Evo Morales lived up to a pledge to be Washington’s nightmare and highlighted waning U.S. influence in Latin America. Last week’s action from the leftist, whose allies are U.S. adversaries Venezuelan President Hugo Chavez and Cuban leader Fidel Castro, was another step in the region’s retreat […]

Some employers offer help with transportation expenses

WASHINGTON More than one-quarter of companies are helping out employees because of recent increases in gasoline prices, according to a survey by the Society for Human Resource Management. The group received responses from 380 businesses April 25-May 1. While that means most companies aren’t aiding their workers, the percentage that were was up from a […]

Japan, China to Hold Talks on Gas Deposits

TOKYO – Japan and China will hold talks on disputed undersea gas deposits next week in Tokyo, Japan’s top government spokesman said Tuesday. China claims it has rights to the gas, but Tokyo says the two countries should share them. Repeated meetings between both countries aimed at resolving the dispute have ended in disagreement. The […]

Community survival during the coming energy decline

Imagine community life in a world with increasingly scarce and expensive fossil fuel Perhaps, but does the community buy any food items they don

Rail line wil be lost to sea

U.K. – The Government was last night urged to begin planning for a new rail line to the Westcountry – as it emerged the Met Office had warned that climate change could make parts of the existing main line “unsustainable”. Anthony Steen, Conservative MP for Totnes, said Cornwall and much of Devon could be cut […]

High-speed trains to take on planes

A high-speed railway line carrying double-deck trains at 190mph between London and Scotland is being planned by Network Rail to win back millions of passengers from domestic airlines. The journey time from London to Glasgow or Edinburgh would be halved to just over 2 Times Online

FOREIGN POLICY, MONETARY POLICY, AND GAS PRICES

We also must understand the effect monetary policy has on gas prices. The price of gas, like the price of all things, goes up because of inflation. And inflation by definition is an increase in the money supply. The money supply is controlled by the Federal Reserve Bank, and responds to the deficits Congress creates. […]

WWF boss to push N-power at meeting

The outspoken chief of environment group WWF Australia has gone to London to lobby the international organisation to overturn its anti-nuclear stance. Greg Bourne flew out on Friday, a day after he rocked the environment movement by declaring Australia was “destined” to expand uranium mining. Mr Bourne will attend a WWF International global energy taskforce […]

The US’s geopolitical nightmare

By drawing attention to Iraq and the obvious role oil plays in US policy today, the George W Bush-Dick Cheney administration has done just that: it has drawn the world’s energy-deficit powers’ attention firmly to the strategic battle over energy, and especially oil. This is already having consequences for the global economy in terms of […]

Schumer seeks GAO study on breaking up oil companies

U.S. Sen. Charles Schumer said Monday he is filing legislation that will make the General Accounting Office study the feasibility of breaking up the biggest oil companies as a way of getting more competitive fuel pricing in the United States. Schumer (D-New York) said five “vertical” petroleum companies — meaning they drill for the oil, […]

Most of China’s oil, gas reserves wait to be verified

Amid soaring energy demand, China said that as much as 78 per cent of the nation’s petroleum reserves and 93 per cent of natural gas reserves still wait to be verified.The proven reserves of coal, oil and gold is only one-fifth or one-fourth of the possible reserves of the country, the ministry of Land and […]

Oil supplies set to decline

TOM IGGULDEN: When it comes to oil, Australia’s one of the lucky ones. We produce about two-thirds of the 700,000 barrels of oil we consume a day. But our luck may be running out. Australia used to produce about 80 per cent of its demand for oil. Today at a conference on the Gold Coast, […]

Sakhalin Island: Journey To Extreme Oil

With their home reserves depleting fast, the big Western giants are increasingly compelled to go to any extreme to find new oil and gas. Sakhalin Island is about as extreme as they come. The 600-mile-long strip of mountains and forests off Russia’s Far East is as good a vantage point as any to see the […]

Raytheon process allows oil shale for sale

Raytheon Co. and CF Technologies think they’ve developed a breakthrough technology that could help ease the nation’s energy supply woes. The Waltham-based Raytheon and Hyde Park-based CF said yesterday they’ve jointly come up with a new process that would allow companies to tap into huge underground U.S. shale reserves that can be turned into oil.Boston […]

Nuclear power ‘not needed’ for UK

The UK can meet its future energy needs and reduce climate polluting emissions, without resorting to nuclear power, according to a new report. The document commissioned by conservation organisation WWF, “The Balance of Power” by independent consultants ILEX, shows that by increasing renewable energy and cutting energy waste the power sector could actually reduce emissions […]

Central Africa: Oil to Drop 15 Percent by 2009

Central Africa oil production is expected to fall by 15 percent by 2009, said the Bank of Central African States (BEAC). The six-nation Central African Economic and Monetary Community (Cemac) would see production drop from 59.3 million tonnes in 2006 to 50.6 million tonnes in 2009, according to the bank’s figures. The bank said that […]

The Decline of Oil

A second approach, separating the world’s principal oil-producing countries into two groups – those where production is falling and those where it is still rising – is illuminating. Of the 23 leading oil producers, output appears to have peaked in 15 and to still be rising in eight. The eight pre-peak countries are dominated by […]

Giant Wind Turbines

Huge turbines mounted on floating platforms could make wind power competitive with fossil-fuel-generated electricity. These advanced wind turbines, which are in development, could be situated far from the shore, too, avoiding battles with onshore residents who object to the presence of large wind farms. GE has announced a $27 million partnership with the U.S. Department […]

IEA Says High Oil Prices Unsustainable Long-Term

While high oil prices may be around for a few more years, International Energy Agency boss Claude Mandil said Wednesday that they are unsustainable and that most producers want to see them drop. Paris-based Mandil told reporters at an Australian oil and gas conference that prices of oil, up nearly 40% in the past year […]

Feel Good Cars Introduces the ZENN

Feel Good Cars is unveiling the all-new ZENN (Zero Emission No Noise) luxury electric Low Speed Vehicle (LSV) at the Clean Cities Congress and Expo 2006 in Phoenix. (Earlier post.) A fully-enclosed LSV or NEV (Neighborhood Electric Vehicle), the ZENN has a curb weight of 1,280 pounds (581 kg) and is powered by six 12V […]

Coalition Calls for Postal Service Fleet Transition to Plug-in Hybrids

The Plug-in Partners coalition has called on Congress to provide incentives sufficient to transition the US Postal Service fleet to plug-in hybrid vehicles. Austin, Texas Mayor Will Wynn, whose city leads the nationwide plug-in campaign now joined by more than 20 major cities, issued the call during a press conference at the World Congress on […]

Shell in Canadian oil sands deal

Oil giant Royal Dutch Shell is spending $2.2bn (BBC

An Ethanol Refresher And The 60-Minute Question

Last night 60 Minutes had a show about ethanol: “The Ethanol Solution”. The show pointed out that Brazil faced similar problems with their oil addiction and 15 years ago did something about it…they developed their ethanol industry into an amazing engine that can now fuel all of their vehicles. It definitely works for Brazil. So […]

Alternative energy plan wins contest

An alternative energy company called Aurora BioFuels has won the $25,000 first prize at the eighth annual UC Berkeley Business Plan Competition at the University of California, Berkeley’s Haas School of Business. Aurora BioFuels presented a plan showing how to create bio-diesel fuel with yields 125 times higher than existing bio-diesel conversion technologies, and at […]

Indications of Decreasing World Oil Production

05/08 (LWN) Two more reports of decreasing international oil production have recently appeared in the news media. Earlier today, South Africa’s Mining Weekly publication and other media outlets reported on data issued by the Bank of Central African States which indicates that oil output from Central Africa is expected to fall fifteen percent by 2009. […]

Silicon wafer prices increase again

Prices for silicon wafers have quietly jumped twice in the past six months amid capacity and material shortages in the marketplace, according to analysts. Prices for polysilicon are expected to see further increases this year and next amid ongoing shortages for the materials due to huge demand from the solar industry.EETimes

The Oil Drum:UK Letter from Energy Minister

The Energy Minister Malcolm Wicks has recently responded to a letter from energy awareness organisation PowerSwitch. The letter directly addresses peak oil, dismissing peak before 2030 provided the necessary investments are made.  On discovery he believes the decline in discovery since the sixties was due to lack of drilling in the Middle East and FSU […]

Africa to benefit as world shifts from petrol to biofuels

Under pressure from soaring oil prices and growing environmental constraints, momentum is gathering for a major international switch from fossil fuels to renewable bioenergy sources such as sugar cane or sunflower seeds, according to the Food and Agriculture Organization. “The gradual move away from oil has begun. Over the next 15 to 20 years, we […]

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