Why Nuclear Power in not a Solution to Peak Oil

My final reason why nuclear power is not a response to peak oil is simply that there are so many other reasons. The list of reasons why this monstrous form of energy generation will do absolutely nothing to get us out of the yawning energy chasm is so lengthy that I can really do it no justice beyond scratching the surface as I have done over the last few days.

Transition Culture

The Oil Drum: Heading Out at the Peak Oil and Env Conference (Day 1 and 2)

So, there is no wireless within the hall, so this will be delayed a bit (not that I was ever a good note-taker). And yes, they spent a few minutes at the beginning making sure the sound worked. I will admit that I am a great fan of Representative Bartlett, as was noted, he has […]

Will We Hit $100?

Such forecasts, once the province of the enviro-fringe, now come from the likes of Goldman Sachs. Here’s why. NEWSWEEK – The first oil shock of the 21st century is now upon us, even if it has not (yet) hit the global economy. This time, the early fallout is measured in largely political terms It may […]

Author David Goodstein’s lecture explores

He warns of an energy crisis and the shortcomings of alternative fuels in talk at Cal Poly; some in the audience wanted more on how to avoid maximum oil usage A renowned author and physicist warned a packed audience at Cal Poly Goodstein, vice provost and professor of physics at Caltech, is famed for his […]

For Sound Energy Policy, Don’t Look to Congress

Congress thinks we’re stupid. Maybe we are. We, most of us, refuse to accept that we are living in a world of rapidly increasing demand for declining fossil fuel resources. We believe more oil is to be found around the corner, in the next country, beneath the ocean, under or in the next rock. Maybe […]

At $3, gas a luxury for some

The psychological dam has burst. Three dollars a gallon for gasoline has sparked widespread hand-wringing and tooth-gnashing. Everyone has become an instant expert on Middle Eastern politics, peak oil theories and the fuel consumption forecasts for the emerging Chinese and Indian markets. The guy behind the bagel counter in Aventura has strong opinions about the […]

Venezuela Imposing New Oil Extraction Tax

CARACAS, Venezuela – President Hugo Chavez said Sunday that Venezuela would impose a new tax on companies that extract oil from the country to increase revenues from its petroleum industry. Venezuelan Oil Minister Rafael Ramirez said the government was considering a 33.3 percent extraction tax. Oil companies would be able to detract whatever they pay […]

Firms Harvesting Energy From Public Land May Owe U.S.

CENTENNIAL, Colo. — As soaring prices prompt huge increases in gas and oil drilling on public land, an ad hoc posse of state governments, Indian tribes and individual “bounty hunters” is charging that big energy companies are shortchanging taxpayers by billions of dollars. They say drilling companies and pipeline operators are understating the amount and […]

Insurgents Bomb Iraqi Oil Pipeline, Kill 3

BAGHDAD, Iraq – Insurgents bombed an Iraqi oil pipeline south of Baghdad, and a car bomb and a shooting in the capital killed two Iraqi policemen and the driver of bus carrying government employees to work on Monday, police said. New information also emerged about a bomb-making factory hidden in the basement of a religious […]

Bank Lets Drivers Hedge Against Gas Hikes

ST. CLOUD, Minn. – Most motorists are feeling the pain as gasoline creeps toward, or over, $3 a gallon A year ago, the retired milk truck driver bought 500 gallons of gas at First Fuel Banks, locking it in at the then-current price of $2.03 a gallon. He taps that reserve whenever gas rises above […]

Oil a sticky issue for next Mexico president

ISLA AGUADA, Mexico (Reuters) – Romana Perez Vidal de Cantarell, the illiterate widow of a poor fisherman, scrapes a living selling cold drinks in this shabby fishing village on the sweltering Gulf of Mexico coast. It’s not the life you’d expect for the widow of the man who set off an oil boom with his […]

Oil falls below $70 on Iran letter to Bush

LONDON (Reuters) – Oil fell below $70 on Monday on hopes tension over Iran’s nuclear ambition will ease after Tehran made an unprecedented move to contact Washington. U.S. light crude for June delivery was down 78 cents to $69.41 a barrel by 1212 GMT. London Brent crude fell 76 cents to $70.19 a barrel. Iran’s […]

Ethanol Future Seen Tied to Incentives

Soaring crude oil prices are boosting the commercial viability of alternative fuel ethanol, but policy incentives will be needed to promote the biofuel, a senior commodities economist said. “The world biofuels industry is going from strength to strength as more and more countries jump onto the biofuels bandwagon,” said Lindsay Jolly, senior economist of the […]

Bolivia’s populism steps on Brazil

Bolivia’s decision last week to nationalize its natural gas reserves shocked the West, but the country set to pay the highest price – both politically and economically – is Brazil, experts and analysts say. More than half the gas used in Brazil is Bolivian, and in Sao Paulo – the state that accounts for roughly […]

Russia’s energy minister hits back at Cheney

The Russian government has hit back at accusations by US vice-president Dick Cheney of using its energy resources as “tools of intimidation and blackmail”. It called on the west to recognise Russia’s progress towards market principles and democracy. Writing in Monday’s Financial Times, Viktor Khristenko, the Russian energy minister, says Russia is “deeply puzzled by […]

Cuba seeks oil near Keys

Few Americans paid much attention last year when Cuban President Fidel Castro announced China would help explore potentially large oil reserves off Cuba’s northwest coast — not far from the Florida Keys.But now — with gas prices climbing above $3 a gallon — the prospect of China drilling near the United States has become a […]

Non-OPEC producers urged to boost world oil supply

The Organisation of Petroleum Exporting Countries (OPEC) is urging non-OPEC oil producers to help stem the rise in world oil prices, Indonesian Energy Minister Purnomo Yusgiantoro said Monday. Yusgiantoro said it was difficult for OPEC members to step up production and that even the excess capacity of Saudi Arabia, a key OPEC producer, was almost […]

Hopes Rise for Energy Savings As East Europe Tackles Waste

Russia’s price shock — which included a brief interruption of gas to Ukraine — sent shudders of concern across Europe about access to Russian gas, much of which arrives in a pipeline through Ukraine. But the price jolt is also having an unexpected benefit: It’s starting to force fundamental change on some of the most […]

Peak energy shortage mounts to 12 percent

Bangalore – Union Power Minister Sushil Kumar Shinde said here Sunday that India was facing a peak load shortage of 12 percent due to a mismatch in the supply-demand ratio. “The national grid has an energy shortage of seven-eight percent in normal times that shoots up to 12 percent during the peak period, especially in […]

China’s Global Quest For Oil

International critics claim that China is seeking to secure oil contracts in nations with appalling human rights records that America, Japan, and Europe refuse to deal with. China has oil interest in Kazakhstan, Myanmar, Sudan, Chad, and the Republic of Congo — countries whose human rights records outrage the developed world. Oil trade between China […]

Kuwait to supply oil on easy terms

In view of the spiraling rise in the fuel oil prices worldwide, Kuwait will consider ways and means to help Bangladesh get petroleum oils on easy terms. .. The Kuwait Ministers said they are ready to extend all possible help for the development of Bangladesh. They said Kuwait wants to see Bangladesh as a strong, […]

A controversial view for the age of expensive energy

The author of several investment-inspired books in the past, Dr Leeb has made a career out of making bold yet astonishingly accurate forecasts. In his 1986 book, Getting in on the Ground Floor, he prophesied the great bull market of the 1990s. In his 1999 book, Defying the Market, he warned investors of the coming […]

The Silver Lining in High Price of Gas

Winston-Salem Journal – Three-dollar-a-gallon gas is a good thing. Thanks to a moderate shock this year, we may be able to avoid a crippling blow in 10 years’ time. That crisis, sometimes called “Peak Oil,” will occur when oil supplies begin to fall while the appetites of economies such as China and India keep growing. […]

Success of Cuban Energy-Saving Program Announced

(LWN) Cuban official media reported on Saturday that President Fidel Castro made a speech about the successes being achieved by Cuba’s new energy-saving program. President Castro indicated that the equivalent of sixty million dollars had been saved by substantially reducing electricity and oil consumption. He stated that new Chinese trucks being imported to the island […]

What will happen if Britain becomes 3C warmer?

The Guardian – If someone mentions the Three Degrees these days, they probably don’t mean the 1960s soul group, but the increase in world temperature that most atmosphere scientists now believe will take place over the next century. New reports suggest an even higher figure, but 3C is slap in the middle of the range […]

Comic : Atlanta after the end of oil

Adam, accompanied by his best friend Gabriel, journeys from Marietta to downtown Atlanta because he has to register for the draft and undergo a physical, which is required for every male on their 16th birthday in the year 2012. The only problem is, the world is almost out of oil.

Creative Loafing

Washington: Don’t Distill Ethanol at Home

United Press International – The U.S. government is warning against motorists distilling ethanol fuel at home to cut their gas bill. The Alcohol and Tobacco Tax and Trade Bureau posted to its Web site a warning that special permits are needed by people planning to distill their own ethanol for use as a fuel. Washington […]

Science Magazine Special on the Oil Crisis – 1974

EnergyBulletin.net – Submitteer RM writes: A marvellous article of historical interest to Peak Oilers.. [It appears in the book] The World of Oil, written by an A.F. Fox, Head of the Geological and Geophysical Division of the Kuwait Oil Company. What caught my eye was the projected peak of crude Oil production (Fig 64). Although […]

Gas Prices Force Locals onto Horses

KIFI, Idaho – Gas prices continue to stay high, and now a lot of people are turning to different options to get around. In Rexburg, a few cowboys explored the possibilities on Saturday. The signs suggest burning hay, not fuel, and these cowboys are all for it! Horsemen and women joined forces, hopped on their […]

Warning on Oil Reserves (Australia)

Herald Sun – INVESTMENT in oil and gas exploration will need to double in the next five years in order for Australia to maintain its current production levels, an industry issues paper has warned. Companies spent about $1 billion drilling for oil and gas last year, but low success rates for oil exploration and the […]

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