Price rises drive up fuel poverty

The number of UK households living in fuel poverty has risen by 83%, or 1.7 million, since 2004. The government admits the situation has become worse because of the sharp increases in the price of gas and electricity in the last two years. The fuel-poor are those who spend at least 10% of their income […]

Squandering energy in the East

BERLIN In the days when Eastern Europe was controlled by the Soviet Union, the cities and large provincial towns throughout this part of the divided Europe had a distinctive odor. During the long winters you could smell the sulfur and feel the grit from the brown coal emissions that hung over East Berlin, Prague, or […]

Oil Scene

Is energy still the fuel for global economic growth and prosperity? Could this civilization be termed as fossil fuel driven? Yes, most would concede. But if the World Energy Council is to be believed, it may not be so What does this mean? Apparently the fact that energy is not the reason, or to be […]

Paper or plastic? Answer might save at the pump

ROCK HILL, S.C. “Four cents a gallon, that’s a pretty big break,” Hill, 49, says next to his GMC truck. “On a 27-gallon tank, it adds up.” Gas stations are once again offering discounts to drivers who pay cash. With gas prices high and margins low, gas station owners are trying to encourage customers to […]

Exxon Mobil Shareholders Defy Board

DALLAS, TX — The performance Wednesday of Exxon Mobil Corp. chief executive Rex W. Tillerson at the company’s annual meeting might have been downright warm and fuzzy compared with his predecessor’s, but that didn’t stop shareholders from adopting a resolution over the objections of the company’s board of directors. Exxon officials said they believed it […]

For Venezuela, a Treasure in Oil Sludge

PUERTO LA CRUZ, Venezuela “We do know that the Orinoco is underdeveloped,” said Mr. Nelson, 49, a geologist from California with 27 years’ experience developing heavy-grade oil. “And the resources in the Middle East are at their midpoint.” This great, largely untapped treasure is pitting a leftist government aiming to use oil revenue for social […]

Gas prices siphon profits from tourist attractions

For many businesses, soaring fuel prices are threatening to take the fun out of summer. From helicopter rides to traveling fairs, businesses that cater to vacationers and that depend on fuel to power their operations are being stung by rising costs that they either are absorbing or passing along. “It’s having a big impact,” says […]

Rising fuel costs hurt Big Three’s sales

But Japanese automakers hit the right note with subcompacts DETROIT – Rising gas prices took a toll on the U.S. auto industry in May, flattening sales and causing steep declines for some trucks and sport utilities but giving a boost to Japanese automakers whose new subcompacts hit the market at the right time. General Motors […]

Preparing for the Post-Carbon Age

This carbon addiction is a nasty sort, worse than heroine. The heroine addict has, surrounding him or her, the larger society of people who are productive and loving and healthy. As compelling as the heroine addiction may be, this other world is always there, always visible, always pulling and ready for a welcoming return. Where […]

Venezuela’s oil model: Is production rising or falling?

While the government denies it and high oil prices mask it, analysts say Venezuelan oil production is declining. Since ChChristian Science Monitor

Russia needs state oil, gas reserves, official says

The head of the federal agency for state reserves said Friday that Russia needs to create reserves of crude oil and natural gas that are under state control. “A political decision should be made on this issue as it will entail major expenses,” Alexander Grigoryev said.RIA Novotni

Nine expat oil workers kidnapped in Nigeria

Up to nine foreign oil workers were kidnapped in an attack on an offshore oil rig in Nigeria on Friday, security sources said, and diplomats said they were taking the reports seriously. Up to six Britons, two Americans and a Canadian, as well as eight Nigerians, were abducted in an attack at 0200 GMT on […]

Mexicans cling tightly to `their’ oil

Analysts predict that Mexico’s oil reserves, second only to Canada’s in filling up U.S. gasoline tanks, could dry up within a dozen years. Meanwhile, Pemex lacks sufficient money to repair antiquated pipelines and search for more deep-sea deposits. One solution would be outside investment. But almost all Mexicans oppose loosening their constitution to allow private […]

Solar is a real option

Solar thermal technology is capable of producing Australia’s entire electricity demand and is the only renewable energy capable of making deep cuts in greenhouse gas emissions, a confidential coal research report obtained by The Canberra Times says. yourguide

Technofix bubbles of hydrogen and biofuels

Energy in the form of hydrogen, as well as biofuels, is one of the few mainstays of hope for clinging to global economic growth. When it comes to today energybulletin

Vast oil reserves indicated

The studies on Arctic sediment that appeared Thursday in the journal Nature tell a dramatic story of polar warming and cooling over millions of years. But what they tell petroleum geologists may be just as striking. Though there is little mention of it in the papers, some scientists involved in the work said the huge […]

Gender, Peak Oil, and Culture: Part One

Have you noticed that so far all the major books on Peak Oil are by men? These good thinkers also seem to be mainly Caucasians, like this reporter. I saw the film “The End of Suburbia: Oil Depletion and the Collapse of the American Dream” again last year. I viewed it in a place where […]

France tests first flex-fuel cars in biofuel push

France on Thursday launched its first tests of so-called flex-fuel cars that can run on ethanol or conventional fuel in its latest push to promote wider use of renewable energy. The Marne regional government in eastern France has a special permit to test the ethanol-based E85 fuel, and use it to run a fleet of […]

Australia to explore best use of nuclear energy

Australia’s centre-right coalition is poised to announce a formal inquiry into the country’s nuclear options, in a further sign of the reversal in the global industry’s fortunes. Australia is home to some 40 per cent of the world’s uranium reserves, putting it in a key position in the debate over whether increased use of nuclear […]

Faster Computers and Energy

Canberra’s Jolyon Bloomfield has discovered an enthusiasm for the quantum world in his study of physics and maths. “I think physics will drive breakthroughs in computing,” he says. “Increased computing power, better communications and enhanced security are going to happen because of quantum computing. That’s the area that I want to get into. It’s a […]

Job loss fears sparked by rising energy costs

Profits at Cumbrian companies are continuing to be dogged by spiralling energy costs – triggering fears about their impact on jobs and pay. Concerns are emerging about what the future could hold for firms if action is not taken to stop rising fuel prices hitting their balances. Steel giant Corus – which plans to shut […]

Is the Oil Boom Over?

It’s difficult to predict the end of the boom, or even put a date on when it began. Obviously, the best bargains were available in 1999, when oil was cheap and the investing world was enamored with technology. From 1999 to 2004, the industry was recovering from extremely bad times. The prevailing opinion was that […]

Letters: A shift in global power

Under the guise of the “war on terror” the US is locked into ghastly adventurism in Afghanistan and Iraq, which while cravenly supported by the British government is reviled almost everywhere else. It has also sought to shore up US economic and political interests in Central Asia, driven by the need for access to oil. […]

Report sees business opportunities in global climate change

Human-induced global warming threatens civilization with economic woe, coastal destruction, monster storms, deadly droughts and other challenges. Now for the good news: climate change might also generate new business opportunities, according to a report released Thursday by the University of Texas at Dallas. Large-scale changes typically create both winners and losers, says UTD political economy […]

Anglo American and Shell form clean coal alliance

Anglo American and Shell have formed an alliance to develop clean coal projects, including carbon capture and storage, with the aim of becoming a leading player in the market. A source from mining company Anglo American told Environmental Finance that the companies will develop projects to gassify coal and convert it into chemicals, hydrogen, power […]

Gas-to-Liquids: A Promising Technology Rapidly Gaining in Worldwide Acceptance

GTL investment commitments by the world’s largest oil companies appear likely to expand significantly over the next decade. Virtually all major oil production companies including ExxonMobile, Shell, ConocoPhillips and Chevron have announced GTL programs that are either in place or soon will be in place. The Peninsula, Qatar’s leading English-language newspaper, reported in their May […]

OPEC to keep pumping 28m

THE OPEC oil cartel decided yesterday to keep its official crude output at a 25-year high of 28 million barrels a day, Qatar’s Energy Minister Abdullah bin Hamad al-Attiyah said. The decision was to “roll over” current production, Mr Attiyah told reporters as he emerged from a meeting of the 11-nation group. Venezuela’s Oil Minister […]

The Persecution of Wind Power Endangers the Future of All Renewable Energy

But what is concerning for environmentalists and advocates of clean energy is that these attacks are not isolated incidents. Anti- wind farm groups in different parts of Australia are meeting and sharing strategies, and are also communicating with anti-wind groups in Britain. Some anti-wind groups have hired prominent lawyers and orchestrated organized attacks upon wind […]

A 10% reduction in America’s oil use in 10-12 years

NOTE from Light Rail Now: This is the third commentary in our series Electrification 101 energybulletin

Oil Sands’ Natural Gas Demand Expected to Triple

Planet Ark – A massive rise in crude production from Canada’s oil sands region over the next decade will nearly triple the area’s call on strained natural gas supplies, Canada’s national energy regulator said Thursday. Production from the oil sands of northern Alberta is expected to rise to more than 3 million barrels a day […]

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