US SUPPORTING IRANIAN TERROR

During the past week, major changes in US policy have occurred that introduce new holes in national security. It has been a long-standing policy of the US to not give into terroristAttempts by small nations to bully the US have already begun in South America where Venezuelan President Hugo Chavez is calling for a cut […]

Britain embraces the bicycle

Britain is in the grip of a cycling revolution as clogged roads, concern at global warming caused by air pollution and the quest for improved fitness persuade millions to opt for pedal power.Despite the phenomenal growth, Britain remains near the bottom of the European league of cycle use with just 2 per cent of all […]

Climate Change Could Crush Wheat Yields (Australia)

The Age – Soaring temperatures and declining rainfalls caused by climate change could wipe a billion dollars a year off Australia’s wheat industry within 30 years, a study suggests. Professor Peter Grace, from the Queensland University of Technology (QUT), said a study of five major wheat-growing areas predicted changes to weather patterns could cause a […]

World Could Handle Iran Oil Cutoff – US Energy Sec

(Reuters) – The world economy could handle any theoretical cutoff of Iranian oil exports “for a while,” U.S. Energy Secretary Sam Bodman said on Tuesday. “We certainly could handle it for a while,” Bodman told reporters. Iran is the world’s fourth-biggest oil exporter and holds 10 percent of proven global oil reserves.Reuters

Oil at 100 Dollars a Barrel Would Threaten Airlines: IATA Economist

Breitbart.com – Oil prices of 100 dollars a barrel or more are a possibility that would seriously threaten airlines, IATA chief economist Brian Pearce told AFP. “It is a possibility. It is a scenario I recognize,” Pearce said on the sidelines of the International Air Transport Association’s annual general assembly. “It is fear that takes […]

Energy appetite remains hearty

Government ups its estimate for U.S. and world demand growth despite high prices. NEW YORK (Reuters) – Soaring energy prices may not undercut world oil demand growth as much as some experts had feared, as consumers become accustomed to the higher costs, the U.S. Energy Information Administration said Tuesday. The EIA, the statistical wing of […]

EIA: Summer Refinery Run Forecast Cut After Weak May

NASDAQ – Forecasts for U.S. refinery operations this summer have been cut back after facilities ran at lower-than-expected rates in May, the Energy Information Administration said Tuesday. In its latest Short-Term Energy Outlook, the EIA projects U.S. refineries processed 15.6 million barrels a day of crude in May, off more than 300,000 b/d from a […]

EIA: May OPEC Oil Output 29.335 Million B/D, April Revised Down

NASDAQ – The U.S. Energy Administration revised downward its count of Saudi Arabian crude oil production in April and estimates the Organization of Petroleum Exporting Countries produced 29.335 million barrels a day in May. The revision by the EIA, the statistical and analysis wing of the Department of Energy, comes one day after the disclosure […]

The Oil Drum: Ocean Thermal Energy Conversion

In 1870, in Twenty Thousand Leagues Under the Sea, Jules Verne wrote: “I owe all to the ocean; it produces electricity, and electricity gives heat, light, motion, and, in a word, life to the Nautilus.” Ocean Thermal Energy Conversion (OTEC) is a technology that can extract useful work from solar energy stored in the sea. […]

Iraq oil production rises 15 percent in southern fields

BASRA, Iraq (AFP) – Crude oil production in southern Iraq has reached 1.95 million barrels a day (bpd), a 15-percent rise over the average output of the past 10 months, the Southern Oil Company director has said. “Since yesterday (Monday) production levels reached 1.95 million bpd,” Jabbar al-Luwaibi told reporters on Tuesday. “Average production over […]

Debate Over Wind Power Creates Environmental Rift

OAKLAND, Md. Wind farms on the empty prairies of North Dakota? Fine. But not, Mr. Boone insists, in the mountainous terrain of southwestern Pennsylvania, western Maryland or West Virginia, areas where 15 new projects have been proposed. If all were built, 750 to 1,000 giant turbines would line the hilltops, most producing, on average, enough […]

Commuting programs take bite out of gas prices

Firms say demand for mass transit reimbursement, shuttle busses, car pools and bike racks, mirrors fuel costs. NEW YORK (CNNMoney.com) – With gas prices over $3 a gallon in many parts of the country, companies and transit benefit providers alike say there’s a boom in interest for any program that can help take the bite […]

Oil price hike sparks uproar in India

NEW DELHI, June 6, 2006 (AFP) – A sharp hike in Indian fuel prices sparked uproar against the government Tuesday as both its communist allies and the main opposition Hindu nationalist party vowed nationwide protests. Even senior members of the ruling Congress party demanded the rollback of the rise aimed at bringing fuel prices closer […]

Danish know-how eases Chinese energy crisis

Alternative energy exports of wind turbines and district heating can provide a welcome relief for the backside of China’s economic miracle Danish engineering companies have begun courting China with their expertise in environmental-friendly energy solutions, business daily Idag reported Tuesday. China’s double-digit economic growth in recent years has also released dangerous amounts of pollution. While […]

Are the Angels Listening?

“We pray for warm weather (this winter). We have a prayer chain going.” – Diane Munns, President of the NARUC, as quoted in THE BIG CHILL, 12/19/05 It tells me it is time to find a community of conscious people, and fast. This raises at least two important questions. First, as we enter the

Is peak oil pure fiction?

Prices have tripled in two years to over US $70 a barrel and there From an American point of view we are merely approaching what might be its seventh energy crisis of the past 150 years

Deals in close-knit oil patch expected to take hostile turn

Recent slump in natural gas price blamed CANADA – The era of friendly deals in the oil patch is coming to a close, as experts predict a spike in hostile takeovers in coming months. Two Calgary-based energy companies are the target of unwanted bids — Canada Southern Petroleum Ltd. and SignalEnergy Inc. Analyst Tom Pavic, […]

Can oil companies handle more storms?

As they brace for next hurricane season, a manpower shortage slows efforts to secure offshore facilities. HOUSTON But a manpower shortage is hampering these efforts. The shortage is so acute that many companies are still working on last year’s equipment failures. Nine months after hurricanes Katrina and Rita moved through, 21 percent of the Gulf’s […]

High cost of oil could put many jobs at risk

DARLINGTON, S.C. The rising cost of oil has put a squeeze on the companies that use oil as an ingredient for their products. Although they are down from the records seen recently, oil prices are up more than 20% from a year ago and are more than 150% higher than they were five years ago. […]

Cycle sales powered by pricey gas

IRVINE, Calif. Vincent Stone, 36, of Los Angeles, shopping at L.A. Cycle Sports in Inglewood, is among those switching. He garaged his van and bought a 25-year-old motorcycle. “It cost me $85 to fill up the van. Man, it’s been killing me,” he says. “My motorcycle only costs $13 to fill up.” The Motorcycle Safety […]

What We Choose

One day soon, America will wake up from its infotainment-fueled sleepwalk and start desperately looking for answers to the predicament it finds itself in. A lot of that will revolve around the basic question of where we live, and how things in it are arranged. When that wake-up occurs, the New Urbanists will be ready, reliable, confident, and congenial as always — something like our country used to be.

James Kunstler

China-India Oil Treaty

China and India plan a joint offer of about $2 billion for oil assets in Kazakhstan to avoid a bidding war as the world’s two fastest-growing economies vie for energy resources, people familiar with the plan said. Citic Group, China’s biggest investment company, and Oil & Natural Gas Corp., India’s largest oil producer, may bid […]

Model energy resolutions for local government

Model energy resolutions proposed and adopted by the US conference of Mayors – June 2006: – adopts the “2030 challenge” for city buildings – encourages the use of landfill gas-to-recovery technologies – encourages increased investments in weatherization to benefit the nation’s communities – encourages the use of plug-in hybrid vehicles – endorses the increased use […]

Mayors to go it alone on Kyoto

Canada’s mayors will not let Prime Minister Steven Harper walk away from Canada’s international commitments on climate change without a fight, and like their counterparts in the United States, Canada’s mayors intend to work toward the goals of the Kyoto Protocol. At its annual meeting in Montreal Saturday, the Federation of Canadian Municipalities, representing 1,400 […]

For freedom from Big Oil, California looks to Denmark

After the 1973 Organization of Petroleum Exporting Countries oil embargo, the Danes — 99 percent dependent on imported energy at the time — set out to free themselves from foreign oil. Today the country is the only exporter of energy in Europe, producing 55 percent more power than it needs. Renewable fuels — wind, solar, […]

Economic losses from pollution account for 10% of China’s GDP

The economic losses caused by environmental pollution may account for about 10 percent of China’s GDP (gross domestic product), said a Chinese official on Monday. The white paper, titled “Environmental Protection in China (1996-2005)” and released by the Information Office of the State Council, China’s cabinet, says that the situation of environmental protection in the […]

Nuclear power ”answer” to S. Africa’s energy supply: official

Nuclear technology such as Pebble Bed Modular Reactor (PBMR) could offer an efficient and economical method of providing power to South Africa, a senior official said on Monday. South Africa supplies two thirds of Africa’s electricity, over 90 percent of which is generated from coal. Experts predicted that the country will soon need to produce […]

Russian MP tells paper energy diplomatic weapon, no cold war

Russia could use energy as a diplomatic weapon rather than to achieve foreign-policy objectives but rejects the idea that a new cold war has started, a senior parliamentarian told a daily Monday. Russia has been subjected to increasing criticism of its use of mineral reserves – U.S. Vice President Dick Cheney accused it of using […]

World Bank Group Goes Carbon-Neutral

This World Environment Day, the World Bank Group announced its commitment to going carbon neutral at its Washington, D.C., offices, its Spring and Annual meetings, staff commuting, and all operational travel from headquarters. This means that the emissions from these activities have been offset through investments in renewable energy and energy efficiency, and through the […]

What If Key Oil Taps Are Turned Off?

Tensions in the Middle East, most topically Iraq and Iran, are traditionally accompanied by speculative panic which drives oil prices up. But that’s hardly new as a general syndrome and previous flashpoints have never before sent the price to the current heights of $70 per barrel. Is there something different, something extra, this time? Yes, […]

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