Energy boom driving risk of inflation

The global economy is experiencing an energy boom, characterized by high oil prices, lots of investment in new oil production capacity and even shortages of skilled workers. This sounds like a recipe for inflation, so it is no wonder that central banks are on high alert. Canada faces a real dilemma: as the energy sector […]

Japan, Central Asia to cooperate on oil transport, antiterrorism

Japan and four Central Asian countries held a one-day foreign ministerial meeting on Monday in Tokyo, drawing up an action plan for regional cooperation on a range of issues, including terrorism, drugs, oil transportation, the environment and energy development. The action plan calls for improving the capacity of border management to prevent the proliferation of […]

Water Shortage Affects Oil Shale

Oil shale development could run into the same problem population growth in Colorado has faced: a shortage of water. Chris Treese, external affairs director for the Colorado River Water Conservation District, says potential oil shale developers should meet immediately with local and regional water authorities to address water-related issues. He said new water storage facilities […]

OPEC Chief Calls for Stable Oil Prices

SEOUL (Yonhap) _ The head of the Organization of Petroleum Exporting Countries (OPEC) Monday called for concerted efforts by both oil producers and importers to stabilize prices. “High prices do not benefit oil producers,” OPEC President Edmund Daukoru said in a keynote address at a forum attended by heads of local energy companies.Korea Times

Myanmar to start OPEC-loaned oil crop development project

Myanmar will start an oil crop development project soon in the current fiscal year of 2006-07 ( April-March) with a loan assistance provided by the Organization of Petroleum Exporting Countries (OPEC) to boost oil crop production, a local press media reported Monday. The project, which also involves the Food and Agriculture Organization (FAO), will help […]

Iran Willing To Disrupt Oil Supplies and partially lift sanctions

On Sunday, Iran’s supreme leader, Ayatollah Ali Khameni said that Iran would be willing to disrupt oil supplies if the US made any misstep during the negotiations process aimed at ending Iran’s uranium enrichment program. US Secretary of State Condoleezza Rice, commented on Khameni’s remarks by saying Iran was too dependent on earnings from crude […]

Saudis Cite Market Forces for Lower Crude Output, Deny Effort to Curb Supply

Interactive Investor – Saudi Arabia’s oil minister confirmed that his country’s massive crude-oil output has declined in recent months, but attributed the trend to a drop in demand and denied it aims to limit supply, the Wall Street Jouranal Europe reported. In an interview after the OPEC meeting here, Ali Naimi said other cartel members […]

Deterring challenges to American power

In my previous column I argued that the American invasion and occupation of Iraq was not precipitated by 9/11. Rather, it was embedded in strategic orientations and policy directions that predated the tragedy, and which aimed at preserving the post-Cold War balance of power that left the United States the undisputed superpower of the world. […]

Tehran warns of fuel disruptions

Iran’s Supreme Leader Ayatollah Ali Khamenei has warned that fuel shipments from the Gulf region could be disrupted if the US makes a “wrong move”. In a speech on state TV, Ayatollah Khamenei also said accusations that Iran intended to make a nuclear bomb amounted to a “sheer lie”. bbc

The Next Great Gas-Saving Idea

Cars that run on air. Shock absorbers that store energy. Miracle gas additives. What will be the next great gas saving technology? businessweek

Exxon pushes kinder, gentler face to win hearts

It has been accused of profiting off the backs of hard-working Americans, keeping the world’s biggest economy addicted to oil and being an enemy of the planet. These days, there isn’t much Exxon Mobil Corp. is not accused of. It is America’s biggest company, America’s most profitable and now, one of America’s biggest corporate villains […]

Ford Pushing Ethanol as Alternative Fuel

More than a century after Henry Ford built his ethanol-powered quadricycle, the renewable energy source is making a comeback — big time — and Ford Motor Company is a leader in its resurgence. By year’s end, Ford plans to have nearly 2 million ethanol-capable vehicles on the road. In a heads-up race with petroleum, ethanol […]

Rumsfeld changes tone

It would be going too far to describe Donald Rumsfeld as chastened by recent events, but the US defence secretary was more than usually mild in his rhetoric and accommodating in his policy pronouncements when he attended the annual Asia security meeting, the Shangri-La Dialogue, in Singapore at the weekend. At the conference, organised by […]

Shale oil

Deseret Morning News – A company says it can produce oil from shale mined from Utah within two or three years, at a cost of about $40 per barrel, and that notion has leaders in Washington, D.C., interested in ways to make it happen. Sen. Pete Domenici, R-N.M., chairman of the Senate Energy and Natural […]

China “world leader” in artificial rain -Xinhua

Drought-plagued China has used an arsenal of rockets, artillery and aircraft to seed clouds and produce enough artificial rain to fill one of the country’s biggest rivers four times over, Xinhua said on Sunday. yahoo

DIY Electricity

While the rest of us whine about the price of gasoline and home heating oil, some people already have done something about it. Throughout the state there are people who switched to alternative energy sources well before the latest increase in fuel costs. These people have found practical and effective ways to eliminate or reduce […]

The sensible energy alternative is within our grasp

CONSIDER the following: a 500MW coal-fired power station produces almost 320,000 tonnes of toxic waste while a comparable nuclear power station produces about 20 tonnes per annum. The coal-fired facility will release into the atmosphere 4.38 million tonnes of carbon dioxide while the nuclear power station will release 87,600 tonnes. The coal waste will include […]

Japan

A review of Japan greencarcongress

Learning from Easter Island – Crunch Time for Planet Earth

Scoop – Speech by Russel Norman, Green Party Co-Leader Green Party AGM, Upper Hutt (New Zealand) Tena Kotou History is the victory of remembering over forgetting. And it is by remembering the history of humankind that we can avoid repeating it. Sometimes, in order to remember our history, we have to tell unpleasant truths about […]

Biodiesel Project Under Question (Korea)

The Korea Herald – Seoul’s eco-friendly project to run vehicles on biofuel is facing increasing technical problems and industry wide grumbles even before its launch next month. In a bid to reduce the nation’s heavy reliance on imported oil and help cut down on pollution, the government has been pushing the alternative energy scheme to […]

Roger Bezdek on the Hirsch Followup

Global Public Media – Roger Bezdek, president of Management Information Services Inc. (MISI) and coauthor of Peaking Of World Oil Production: Impacts, Mitigation, & Risk Management (the Hirsch report) talks with GPM correspondent Jason Brenno about the followup to the Hirsch report: Economic Impacts of Liquid Fuel Mitigation Options. JB- What is the purpose for […]

Israel: Electric Power Cuts to Prevent Massive Blackouts

The electric company is initiating selective power cuts throughout the country at this hour in order to prevent a massive blackout due to demands during the current heat wave. The situation of virtually no excess capacity at the country’s generating stations is becoming increasingly grave each winter and summer during severe heat and cold waves. […]

Solar Energy Becoming More Popular

With increasing costs for conventional sources of energy and heightened concerns about the eventual depletion of world oil supplies, solar energy production is being expanded in many parts of the world.Short roundup of latest developments in:– China– Kenya– UK– Uganda LessWaiting.com News

Nuclear costs to hit

Chancellor Gordon Brown has told ministers that the cost of cleaning up Britain’s nuclear facilities stands at The Guardian

Clerks taking brunt of gas price rage

Drivers vent anger at pump with misplaced blame – yelling at cashiers, refusing to pay LOS ANGELES – Tempers are rising along with gas prices. Gas stations across the country report that drivers are taking out their gas rage against big oil by yelling at clerks and cashiers and sometimes driving off without paying. “Everyone […]

Hungry ethanol plants consume 20% of corn crop

COON RAPIDS, Iowa – A tractor trailer rig rumbles into the Tall Corn Ethanol plant. Corn pours from openings in its belly to bins underground, where conveyor belts and buckets haul it to gleaming steel silos rising 13 stories above the Iowa plains. The 40-acre distillery turns corn into alcohol in quantities that would make […]

The EU looks carefully at the Caucasus and its energy potential

The energy crisis, which has been named the In March, German newspaper Die Welt reported that Angela Merkel would outline in a speech before the Parliament on 11 May the priorities of the new European policy during the German presidency in the first half of 2007 and that the Chancellor would express her desire to […]

Global Warming vs. Election Integrity

Recently MoveOn.org announced their new priorities, with health care in first place and election reform tied for third. At about the same time I was involved in a discussion about peak oil with someone who was absolutely frantic about this impending disaster. And of course there has been a lot of attention given to Al […]

Wrong move by US would affect oil flows: Iran

TEHRAN (Reuters) – Ayatollah Ali Khamenei, supreme leader of the world’s fourth largest oil exporter, said on Sunday that if the United States makes a “wrong move” toward Iran, energy flows in the region would be endangered. Iranian officials have in the past ruled out using oil as a weapon in Iran’s nuclear standoff with […]

NZ firm building bus powered by renewable fuel

Ashburton coachbuilding company Designline is building a prototype commuter bus powered by a chemical fuel cell using reusable, renewable materials. The space-technology prototype is expected to be running early next year, according to the company’s managing director, John Turton. An American company, Alchemy Enterprises Ltd, is producing the magnesium-based fuel cell which will power the […]

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