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News from May 2006

Bolivia’s Leader Faces Complex Task

Bolivia’s Leader Faces Complex Task thumbnail

LA PAZ, Bolivia – President Evo Morales’ effort to nationalize Bolivia’s natural gas industry poses major challenges for his leftist government, including where to find money to carry out the radical plan and how to deal with his worried neighbors. Bolivia wants to use its cash-strapped, state-owned gas company to oversee all aspects of gas […]


A message on our energy crisis

A message on our energy crisis thumbnail

America is in the midst of a growing energy crisis that is having a devastating effect on manufacturers. Congress and the Bush Administration have contributed to this problem and now should look in the mirror to help fix it. The National Assn. of Manufacturers has, for many years, pointed out that there is a fundamental […]


Two parties, no answers

Two parties, no answers thumbnail

What would OPEC do if it wanted to keep America addicted to oil? That’s easy. OPEC would urge Congress to deal with the current spike in gasoline prices either by adopting the Republican proposal to give American drivers $100 each, so they could continue driving gas-guzzling cars and buy gasoline at $3.50 a gallon, or […]


RTA plan uses wrong assumptions

RTA plan uses wrong assumptions thumbnail

TUSCON, ARIZONA – …Two decades from now, the world’s oil endowment will be nearly depleted and we will be unable to power the pumps we need to deliver our water. Our inability to deliver coal to our coal-fired power plant or food to our grocery stores will further contribute to a shrinking population. Now consider […]


Incomes up in most in energy states

Incomes up in most in energy states thumbnail

Americans’ personal income is growing dramatically in states that produce energy or have strong ties to the expanding federal government. The five states enjoying fastest per-capita income growth since 2000 are major suppliers of oil, natural gas or coal, according to a USA TODAY analysis of federal data. Wyoming topped the list: Personal income rose […]


Global warming fastest for 20,000 years – and it is mankind’s fault

Global warming fastest for 20,000 years – and it is mankind’s fault thumbnail

Global warming is made worse by man-made pollution and the scale of the problem is unprecedented in at least 20,000 years, according to a draft report by the world’s leading climate scientists. The leaked assessment by the group of international experts says there is now overwhelming evidence to show that the Earth’s climate is undergoing […]


3C hotter. Earth’s danger point. Now scientists say it is going to happen

3C hotter. Earth’s danger point. Now scientists say it is going to happen thumbnail

The world will warm by 3C (5.4F) even under emissions projections for 2050 that leading scientists consider optimistic, the United Nations group that studies global warming has said. The increase, which would cause drought and famine for 400 million people and devastate wildlife, is predicted by the Intergovernmental Panel on Climate Change (IPCC) in its […]


How far can you drive on a bushel of corn?

How far can you drive on a bushel of corn? thumbnail

In the lab, many gasoline alternatives look good. Out on the road, automotive engineers have a lot of work to do, and energy companies have new infrastructure to build, before very many people can drive off into a petroleum-free future. And, there’s the issue of money. Too often, discussions of alternative energy take place in […]


Pakistan tapping multiple avenues for ensuring energy security: PM

Pakistan tapping multiple avenues for ensuring energy security: PM thumbnail

Prime Minister Shaukat Aziz has said that the government is tapping multiple avenues for ensuring energy security to meet the growing demand of energy in the country. Mr. Shaukat Aziz said that all this is being done as part of an energy plan which has a 25-year perspective and the conventional sources of energy and […]


How to stay young – post-carbon style

How to stay young – post-carbon style thumbnail

David MacLeod revised an inspirational homily (“How To Stay Young–Lumby Style”) for a post-carbon lifestyle . The original is from an anonymous source that he received in a forwarded e-mail. (Original e-mail is in itallics.) 1. Try everything twice. On Madam’s tombstone (of Whelan and Madam), she said she wanted this epitaph: “Tried everything twice…loved […]


Global Warming Weakens Vast Pacific Climate System

Global Warming Weakens Vast Pacific Climate System thumbnail

Climate scientists identified a likely new victim of global warming on Wednesday: the vast looping system of air currents that fuels Pacific trade winds and climate from South America to Indonesia. This could mean more El Nino-like weather patterns in the United States, more rain in the western Pacific and less nourishment for marine life […]


China gets energized over ethanol

China gets energized over ethanol thumbnail

Now China appears to want a trade deal that would allow it to sample – and perhaps help ultimately reproduce – Brazil’s success with alcool, as ethanol is called in Portuguese. With an economy booming at a 10% growth rate, transforming the world’s most populated country from a nation of peasants into one of middle-class […]


South Koreans Indifferent to Skyrocketing Oil Prices

South Koreans Indifferent to Skyrocketing Oil Prices thumbnail

Although the cash price of Dubai crude broke past $68 per barrel Tuesday, renewing the previous historic high of $67.48 on April 24, the Korean government remains impervious to criticisms warning about the impact of recent oil price hikes. Dubai crude is the benchmark crude that sets the prices of other Middle East oil on […]


Watchdog warns of ‘dangerous’ trend on energy

Watchdog warns of ‘dangerous’ trend on energy thumbnail

Bolivia’s energy nationalisation policy has sent a chilling message to international oil companies that will jeopardise future investments in the country, the International Energy Agency warned on Wednesday. The west’s energy watchdog said some Latin American countries were “embarking on a dangerous path” by altering their relationships with multinational energy companies. It also highlighted a […]


Growth Depends on Oil Rates Falling: ADB

Growth Depends on Oil Rates Falling: ADB thumbnail

The Asian Development Bank said the rapid growth of the region’s economies may only be sustained if there is a decline in global oil prices, now close to a record after rising on concerns over Iran. “The current level of oil prices is unsustainably high,” Asian Development Bank President Harukiho Kuroda said on the opening […]


Greenpeace urges ADB to stop funding fossil fuel projects

Greenpeace urges ADB to stop funding fossil fuel projects thumbnail

The Asian Development Bank (ADB) can boost the fight against climate change by curbing funds for fossil fuel projects and supporting renewable energy, environmental watchdog Greenpeace International said. In a report titled “Irrelevance or Leadership,” Greenpeace said if the ADB continued to fund coal-based projects it could fail in its mission to reduce poverty and […]


Indians cheer Bolivia nationalization

Indians cheer Bolivia nationalization thumbnail

Oil companies in Bolivia reassessed their investment plans on Wednesday as regional leaders readied for an emergency summit to discuss President Evo Morales’ nationalization of the energy sector. In the poor city of El Alto, indigenous healers offered up coca leaves to Mother Earth in traditional ceremonies to cheer Morales for seizing control of oil […]


MIT President Considering Plan For Energy Research Initiative

MIT President Considering Plan For Energy Research Initiative thumbnail

BOSTON –The Massachusetts Institute of Technology should invest more in energy research and play a bigger role in developing solutions to the world’s dependence on oil, a council of faculty members recommended in a report Wednesday. MIT President Susan Hockfield will review the recommendations of the Energy Research Council, which she helped create after being […]


NYT: Oil as Scarce as Sympathy for Oil Execs?

NYT: Oil as Scarce as Sympathy for Oil Execs? thumbnail

In addition, it would be helpful if the NYT noted that the federal and state governments take about three times what any oil company would as profit in taxes. There is no way to avoid discussing this fact if you are serious about discussing the totality of the cost of gasoline. It is not as […]


Iraqi oil and the regime of Iran

Iraqi oil and the regime of Iran thumbnail

Despite some of the views that encourage the direct Iran-USA talks on the assumption that the Iranian regime, just like the USA, is interested in stability of Iraq, the regime of Iran is not interested at all to see stability in Iraq. The stability of Iraq will result in a situation that Iranian regime hates […]


Hirsh: World Faces Devastating Energy Wars – Newsweek Politics

Hirsh: World Faces Devastating Energy Wars – Newsweek Politics thumbnail

What does all this geostrategic strutting have to do with soaring prices at the gas pump? For one thing, the uncertainty created by Iran, Iraq and Venezuela has added a $10-$20 risk premium to the price of oil per barrel, according to Wall Street analysts. The politics of energy also doesn’t bode well for future […]


$3-A-Gallon Gas: Blame Washington, Not Big Oil

$3-A-Gallon Gas: Blame Washington, Not Big Oil thumbnail

(FORTUNE Magazine) – With gas prices roaring past $3 a gallon and consumer fury rising even faster, Congress and the White House are engaged in a Kabuki-like ritual: pointing fingers at each other over who’s to blame, while furiously attacking Big Oil for reaping gargantuan profits – as drivers get hosed at the pump. If […]


The Oil Drum: Big Oil and Alternative Energy

The Oil Drum: Big Oil and Alternative Energy thumbnail

The idea of reinvesting profits (by big oil) into alternative energy is something that has been repeated in the media, by politicians, and by ordinary citizens. However, this is just wishful thinking. While Big Oil is investing some money into alternative energy, for the most part they see the extraction and refining of oil as […]


The Politics of Energy

The Politics of Energy thumbnail

The populist bloc – Argentina, Venezuela and now Bolivia – when combined with the more moderate left of Chile, Brazil and Uruguay – dominates the population, production and energy resources of the nation, and should it come to an agreement which would allow Bolivia to gain more of the profits from increased NG prices in […]


The First National Sustainable Design Expo

The First National Sustainable Design Expo thumbnail

Imagine a world where houses are built from plant materials instead of cement and bricks. Drinking water is disinfected by solar energy, not chemicals. And homes are designed to harvest rainwater to supply hot and cold water. It’s not a far away dream – you can see it next week at the first National Sustainable […]


98 cents a gallon?! Are they serious?

98 cents a gallon?! Are they serious? thumbnail

Yup, if you’re a lucky member of a Minnesota gas cooperative St. Cloud is home to the nation’s first fuel bank. “We have a lot of the aspects of a money bank,” says First Fuel Banks’ Jim Feneis. “People are making a cash deposit, but they will withdraw gas.” Customers buy gas in bulk, up […]


US Army to get Hybrid Trucks

US Army to get Hybrid Trucks thumbnail

The army has ordered hybrid version of the Heavy Expanded Mobility Technical Truck, or HEMTT which transforms the loud and bumpy gas guzzler to a smooth, silent and hi-tech truck. The trucks will be provided by OshKosh trucks the military’s exclusive provider of the Army’s heavy cargo-hauling HEMTT vehicles. The hybrid varaint increases gas mileage […]


Saudi Aramco to Increase Arabian Gulf Rigs

Saudi Aramco to Increase Arabian Gulf Rigs thumbnail

By year-end, Saudi Arabia will have 120 rigs operating in the country, up from 85 last year and 54 in 2004. “The offshore is growing,” he said. “We see it as at least 20 to 30 rigs from here on instead of six or eight.” Onshore, Al-Saif talked up the Khurais development west of Saudi […]


Gulf of Mexico Oil Leases at Risk for Major Hurricanes until 2010

Gulf of Mexico Oil Leases at Risk for Major Hurricanes until 2010 thumbnail

Jill F. Hasling, Certified Consulting Meteorologist with Houston’s Weather Research Center reviewed the decadal charts of Category 3 through 5 hurricanes since 1851 and found an interesting cycle. This cycle implies that the Gulf of Mexico oil leases have a higher risk of experiencing Category 3, 4 and 5 hurricanes over the next 5 years. […]


Million Solar Roofs Bill Resurrected

Million Solar Roofs Bill Resurrected thumbnail

The California Solar Initiative (CSI), adopted this past January by the California Public Utilities Commission, was widely considered a major victory for supporters of solar energy in California and beyond. It secured a long-term solar rebate plan for California funded at $3.2 billion dollars. But the solar roller coaster ride isn’t entirely over as the […]


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