plans for world’s biggest windfarm divide Lewis

A visitor to Lewis, the northernmost Hebridean island, might think it the slowest, softest and calmest place in Britain. Nothing breaks the views over moor and mountain: the mosaic of lochs and bog is undisturbed, the sky, sea and land all merge and suggest a different age. In the next few weeks, plans will be […]

Kuwait To Clarify Its Oil Reserves Within Days – Oil Min

(Dow Jones)- Kuwait’s new Oil Minister Sheikh Ali Al Jarah Al Sabah said in his first public statement Tuesday that the country would clarify its actual oil reserves, following a report that they stood at less than half the claimed volume. In a statement published on the Kuwait Oil Ministry’s Web site, Sheikh Ali said […]

The Oil Drum: The Geopolitics of Oil Gains a New Constituency: Women

The issue of Ms. Magazine that just hit the newsstands has a cover story called “Crude Awakening: How US war policies sell out women in favor of Big Oil”. The main thrust of the article is that in order to gain control of the oil supplies in many Middle Eastern countries, the United States is […]

Second Annual Peak Oil Mini-Conference

Our way of life depends on rising oil production but this will soon be a part of history. Global oil production will peak soon, if it hasnSecond Annual Peak Oil Mini-Conference Sunday, August 13, 2006, 1pm to 5:30pm www.HoustonPeakOil.org 12:30 Registration 1:00

US Energy Policy Still Lacking, Industry Officials Say

(MarketWatch) — Although the U.S. Congress passed a major energy law last year, officials representing various industries Wednesday called on policymakers to take further steps on U.S. energy policy. Speaking at a U.S. Chamber of Commerce energy summit, industry officials argued that the government needs to increase domestic supplies, open new areas to energy development […]

Spanish Firm Claims It Can Make Oil From Plankton

(Reuters) – A Spanish company claimed on Thursday to have developed a method of breeding plankton and turning the marine plants into oil, providing a potentially inexhaustible source of clean fuel. Vehicle tests are some time away because the company, Bio Fuel Systems, has not yet tried refining the dark green coloured crude oil phytoplankton […]

Reluctantly Adjusting to Oil Cost

Every Monday morning Dean England, chief executive of a family-owned trucking company, logs onto the Energy Department

Can’t Stop Guzzling

Rising prices are supposed to curtail consumption. So why doesn’t that hold true for American drivers? From Tallahassee to Los Angeles, experts are worried that the price of gasoline is approaching a “breaking point.” Any higher, they say, and drivers will curtail their driving sharply. “I believe that another 25 It’s something amazing to ponder […]

JAMAICA: Hospital blackouts a life-and-death matter

PRESIDENT OF the Nurses’ Association of Jamaica (NAJ), Edith Allwood-Anderson, has charged the Government to install sufficient power generators after hospitals struggled to protect patients on life support during an islandwide blackout on the weekend. Mrs. Allwood-Anderson’s call came in light of a report from a nurse at the Kingston Public Hospital (KPH) that patients […]

High temperatures may spark power emergency

SACRAMENTO — Five years after a massive energy crisis roiled California, the state has added capacity to power nearly 6 million more households — but it’s still barely enough. With soaring temperatures baking California this week, the state is struggling to meet record demand for electricity and is once again on the verge of a […]

Peak oil not piquing the interest of CVRD board

A motion put forward at the Cowichan Valley Regional District board meeting last week, “That staff prepare a report regarding ‘Global Peak Oil’ as it pertains to the CVRD and local government issues and solutions …” ran into vituperative, scornful, disparaging comments from nearly all of the regional directors. The substance of the motion, the […]

An inconvenient hill

I finally saw An Inconvenient Truth with my wife on Saturday night. If you have not heard, this is a rather well-made documentary about Al Gore We looked at several houses and ended up buying one in the

Scholar to give talk on curbing U.S. oil addiction

Americans spend $800 million a day on 20 million barrels of oil, but a leading scholar says there are ways to break that habit. Christopher Flavin of the Worldwatch Institute, an independent environmental-research organization, is scheduled to speak this evening to the Santa Fe Council on International Relations about “American Energy: Breaking Our Addiction to […]

China May Reopen Deep-Sea Oil Hunt

BEIJING — A major gas discovery deep under the South China Sea could reopen a frontier for oil and gas exploration that some multinational companies abandoned decades ago after shallower wells turned up dry, said the chairman of Cnooc Ltd., China’s biggest offshore oil producer. The discovery, announced in June by Cnooc’s Canadian partner, Husky […]

Alaska regulators push tighter rules after BP leaks

ANCHORAGE, Alaska (Reuters) – Alaska regulators on Wednesday defended their oversight of BP Plc (BP.L), but advocated tighter rules after leaks forced the oil giant to shut down 12 oil wells this week. The wells shutdown in Alaska’s North Slope region is the latest in a series of troubles for BP, still reeling from an […]

YUKOS CEO quits before “sham” meeting

MOSCOW (Reuters) – The American chief executive of fallen Russian oil major YUKOS (YUKO.MM) has tendered his resignation before a meeting of creditors on Thursday that is expected to take the company a step closer to bankruptcy. Steven Theede said he would boycott the creditors’ meeting, denouncing it as a “sham” which would lead to […]

The Best Nuclear Option

The U.S. Energy Department’s fuel-recycling initiative could be a distraction from a more achievable goal: reviving today’s nuclear industry and averting some carbon emissions in the short term. Imagine a nuclear industry that can power America for decades using its own radioactive garbage, burning up the parts of today’s reactor wastes that are the hardest […]

France imports power in heatwave

France has urged firms to use less electricity as a heatwave across Europe triggers high demand for power supplies. French firm EDF had to purchase 2,000 megawatts of electricity from abroad to make up for its shortfall. Meanwhile Britain turned to expensive oil-fired stations to meet demand but said enough supplies were available.BBC

Second-guessing the Biofuel Solution

Skeptical environmentalists give biofuels a reality checkWith bombs dropping in the Middle East and gas pump prices topping $3 a gallon, biofuels are being hailed as the great green hope for an alternative energy policy. But some environmentalists are starting to raise a red flag.Utne

Higher Oil Prices Could Produce A Recession In Asia

Stronger than expected growth in China in the June quarter may give the impression everything is ok in terms of Asian growth, but Morgan Stanley’s resident bear Andy Xie suggests there are reasons to be concerned about the region’s future growth outlook. Much of it ties in to the oil price, as Xie notes the […]

Rising Biofuel Use to Drive Up Crop Prices – Goldman

Rising biofuels demand will probably drive up crop prices and is creating growth opportunities for food processing companies, Goldman Sachs said on Wednesday. The growth in biofuel demand presents a new competitor for food as commercially available biofuels, such as ethanol and biodiesel, use crops that could otherwise be producing food. “The most likely impact […]

CBI chief warns of looming energy crisis

Industry faces the threat of another energy crisis this winter, the director general of the CBI warned yesterday. Richard Lambert, who took over the reins at the employers’ group this month, said he would be “rattling cages” in London and Brussels to prevent a repeat of power shortages that hit businesses last winter. His warning […]

Big oil targets Greenland

Some of the world’s biggest energy companies, among them Calgary-based EnCana Corp., have gathered in a tiny town on Greenland’s west coast to consider developing one of the last untapped offshore oil frontiers. Greenland is auctioning exploration rights to eight blocks covering 92,000 square kilometres in the Davis Strait between the huge island’s west coast […]

North Sea oil faces ‘dark times’

Oil companies in the UK are being left behind by international competition, according to an industry annual report. The UK Offshore Operators Association (UKOOA) claimed that record prices could not offset rises in costs for exploration and recovery. It said uncertainty in the Middle East was making the situation worse.BBC

China seeks oil security with stake in Russia firm

China’s biggest oil company said Wednesday that a $500 million stake it had bought in the newly listed Russian petroleum giant, Rosneft, would help its efforts to secure energy for the Chinese market. The state-owned China National Petroleum said in a statement published on its Web site that the investment would build on earlier agreements […]

China to face energy security crisis by 2010: forecast

China, whose economy is growing at over 10 per cent, will face an energy security crisis since it will be dependent on foreign sources for 50 per cent of its oil needs in 2010, according to an energy forecast published here. China would face an energy supply security problem in the next five years as […]

Fed chairman renews concern about gas-fueled inflationary pressures

Federal Reserve chairman Ben Bernanke told Congress on Wednesday that although economic activity is moderating, record-high oil prices have the potential to make inflation worse. It’s a development that bears close watching, he said. Delivering his second economic report to Capitol Hill, Bernanke also stressed that these are difficult and uncertain times for Fed policy-makers, […]

Big Oil’s pain

But as oil companies chase dwindling supplies by drilling in the icy waters of eastern Russia, map deposits under the rebel-infested Nigerian bush, or cut deals in corruption-prone central Asia, it’s not just expedition costs that are making it more expensive to pull a barrel of oil out of the ground. Between 2001 and 2004, […]

China to spend $175 billion on the environment

China plans to spend about $175 billion protecting its environment over the next five years according to a report from BBC News. The money will be used to reduce pollution, improve water quality, and cut soil erosion. mongabay

The Peak Oil Crisis: Where is the Washington Post?

Falls Church News-Press – If you live around Washington , DC and have much do with the federal government, then you probably read the Post. There are a few exceptions. If you are into finance or securities you reach for the Wall StreetJournal each day. If your politics are more than a few degrees to […]

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