Boston.com – As a wave of wind power proposals sweeps across New England, researchers from the electric utility industry have concluded that it makes economic sense to look underwater for affordable electricity. The Electric Power Research Institute contends underwater turbines powered by the tidal movement at three sites, including one in Maine, can produce electricity […]
AP – It was five years ago Monday when President Bush peered into Vladimir Putin’s eyes for the first time and got “a sense of his soul,” pronouncing the Russian president “straightforward and trustworthy.” Bush might want to take a closer look when Russia hosts its first meeting of the world’s economic powers. The Group […]
Morning Sentinel (Maine) – Winter is half a year away, but people already are pre-buying home heating oil or entering into budget plans and in many cases facing a per gallon cost approaching $3. “It sounds horrible,” J&S Oil President John L. Babb said. “I hate telling people these prices, but it’s not really us […]
The high price of oil and diesel fuel has been a major factor in making railroads more competitive, Callison said, because trains are typically about three times more fuel-efficient than trucks. But the overall strength of the economy, including the demand for bulk commodities such as coal, stone and scrap metal, has contributed, too. Cleveland.com
Life on Earth runs on energy that comes from the Sun. Human life is no exception. However, contemporary society runs on stored solar energy in the form of fossil fuels. Humans Unfortunately, however, supplies of fossil fuels are finite and becoming scarce. This is particularly true of oil, the lifeblood of the global economy. Experts […]
It isn’t hard for a homeowner to find a compelling reason to be concerned about home energy usage. Perhaps it’s the fact gas and electric bills are cutting deeper into each paycheck. Maybe its the tax breaks authorized by the Energy Policy Act of 2005 that reward energy-efficient home improvements. Some homeowners have even come […]
A personal energy policy can help you save money, limit pollution andreduce nation’s relianceon imported fuels …Matthew R. Simmons is a Houston-based banker to the oil industry and an adviser to President Bush. So it’s a shock to hear his Al Gore-like message of looming oil shortages and the need for creative conservation techniques. One […]
TEHRAN (Reuters) – Iran on Sunday repeated threats that it was ready to use its massive oil exports as a weapon to defend itself if it felt in danger in an international dispute over its atomic program. But Oil Minister Kazem Vaziri-Hamaneh said international sanctions on 2.5 million barrels per day of Iranian crude exports […]
L.A. Times – Gripping a bottle of Jack Daniel’s between his knees, Jay Zwally savored the warmth inside the tiny plane as it flew low across Greenland’s biggest and fastest-moving outlet glacier. Mile upon mile of the steep fjord was choked with icy rubble from the glacier’s disintegrated leading edge. More than six miles of […]
euro-petrole
But if you want a dose of certainty, consider my unequivocal timesonline
Saudi Arabian crude output has gone down over the last couple of months. Despite the wildly fluctuating oil prices, owing mainly to the minute to minute changes in the regional geo-political environment, markets are starting to appear balanced. In April 2006, Saudi Arabia was required to produce only 9.1 million bpd as compared to almost […]
For instance, a United Parcel Service delivery truck the government rolled out in Washington last week was equipped with a prototype hybrid system using hydraulic fluid and a high-pressure pump instead of electrical current and a generator. In this design, energy is stored in a series of pressurized tanks, rather than in nickel-metal hydride or […]
Alan Greenspan, the revered former chairman of the Federal Reserve with a big distaste for irrational exuberance, recently sang its praises before a Congressional hearing on energy security. Greenspan said cellulosic ethanol is the only alternative energy source that could be produced in enough volume to make a dent in gas usage. resourceinvestor
Government plans to urge all local authorities to include on-site renewable energy measures (micro-generation) in their local development plans to help tackle climate change, are only a modest step in the right direction, Friends of the Earth said today. Housing and Planning Minister Yvette Cooper said today [1] that “many local authorities are now adopting […]
A new edp24
Oil stocks flared in the City yesterday as Texas-based Anadarko Petroleum went on a mammoth $23.3bn ( guardian
The Chinese Government has been in talks with Saudi Arabia about producing oil and gas in the Desert Kingdom. The news, which emerged last week, is the latest evidence of an expansionary Chinese energy policy driven by Beijing’s concerns over assuring future supplies of energy, and the ambitions of the country’s three main oil and […]
The Oregon Department of Environmental Quality greencarcongress
Statesman.com – Investors love ethanol IPOs, but some experts see a glut within two years. VeraSun Energy Corp.’s recent debut on Wall Street showed investors’ early excitement about ethanol. But some analysts say the burgeoning industry faces the risks of oversupply, volatile commodity prices and a dependence on government subsidies.Statesman.com
Fuel Cell Works – Sen. Charles Schumer (D-NY) wants to create a new federal agency to promote innovation in the development of alternative energy. Schumer says his plan is a bold one that would “break the nation’s dependence on foreign oil.” He plans on providing details on the plan Friday at the state University of […]
The Observer – The Chinese Government has been in talks with Saudi Arabia about producing oil and gas in the Desert Kingdom. The news, which emerged last week, is the latest evidence of an expansionary Chinese energy policy driven by Beijing’s concerns over assuring future supplies of energy, and the ambitions of the country’s three […]
The Uganda government and Kenya Electricity Generating Company have started negotiations to import 50 megawatts of power, a move intended to alleviate the electricity crisis in the country. The Standard, a Kenyan daily reported yesterday that KenGen had registered a surplus in its production and had now agreed to sell some of the power to […]
LA PAZ, Bolivia (Reuters) – Bolivia’s government said on Friday it would sue former executives of U.S. energy company Enron as well as former government officials for fraud in relation to the Brazil natural gas pipeline project that was completed in the 1990s. Among the approximately 40 people to be included in the charges are […]
MOSCOW – A pledge by the woman likely to become Ukraine’s next prime minister to review a gas supply deal could re-ignite a feud with Moscow that temporarily disrupted supplies to Europe, Russia’s state-controlled natural gas monopoly warned. Shortly after announcing a coalition deal between Ukraine’s former Orange Revolution allies that opens the way to […]
WASHINGTON, June 22 Competitors argue that they will be slowly strangled if Nabors is allowed to vie for contracts while paying little in taxes. Nabors is a well-run company, said Ken Wells, president of the Offshore Marine Service Association, and its tax advantages allow it to underbid other offshore supply companies. The association, therefore, opposes […]
U.S. oil futures were steady on Friday with little fresh news to drive trading following gains in the two prior sessions. Prices remained above $70 a barrel, buoyed by strong global demand, a Gulf Coast shipping snag and jitters about the unresolved tension between the West and Iran. Light sweet crude for August delivery rose […]
A bankruptcy judge on Friday canceled the planned sale of Brazil’s flagship Varig airline to a workers’ group, throwing the future of the carrier into limbo and virtually ensuring more travel chaos ahead for ticket holders in Brazil and abroad. Varig, or Viacao Aerea Rio-Grandense SA, continued mass cancelations of flights Friday in Brazil, Latin […]
Proponents of a wind farm in Tasmania’s north-east say they cannot wait years for the Federal Government to reconsider its stance on renewable energy. The Musselroe wind farm is in doubt because of the Federal Government’s refusal to provide incentives for energy retailers to buy wind power. “The issue for Musselroe is, of course, that […]
Cane and Cassava would play a prominent role in Nigeria’s quest to diversify its energy resource base. A researcher with the International Institute for Tropical Agriculture, (IITA), Ibadan, Dr. Lateef Sanni made this disclosure to newsmen recently. He said that an energy mix that will make agriculture a source of energy will be good for […]
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