US Senate passes Indo-US energy Bill

The US Senate today unanimously cleared a Bill seeking the diversification of sources of energy and stimulating development of alternative fuels, thereby paving the way for India and the United States to work together in enhancing global energy security. The ‘United States-India Energy Security Cooperation Act of 2006′ sponsored by the Chair of the Senate […]

Death toll rises along with mercury in Europe

A searing heatwave claimed more lives in Europe and high temperatures were forecast to continue until storms bring relief to some areas late this week.The low level and temperature of the water in the river led nuclear power generators along the banks of the Elbe to cut output. High water temperatures have also disrupted electricity […]

China hits exporters where it hurts

In an effort to curb its ever growing trade surplus to help ease increasing pressure to revalue the yuan, China will cut tax rebates on exports of low-value-added, high-energy-consuming, resource-intensive and environmentally harmful products, Chinese officials say. The as-yet-unreleased policy is scheduled to take effect around September or October despite strong protests from domestic companies […]

Energy supplies threatened in US heatwave

The death toll from a 37.8 Celsius-plus heat wave continued rising as utilities renewed their pleas for energy conservation to avoid rolling blackouts. Slightly cooler temperatures were expected in California, thought the misery index remained high: temperatures in the Central Valley were expected to reach 37.8 to 40.6 Celsius on Tuesday, compared to 43 to […]

Argentina Doubles Tax on Natural Gas Exports to Chile

Argentina more than doubled its tax on natural gas exports to neighboring countries, boosting Chile’s cost for the fuel by as much as 92 percent.The tax increase will deepen tension between the South American neighbors, said Jose Luis Espert, head of Espert & Asociados, a Buenos Aires-based research and consulting company that counts several Chilean […]

Oil at $100? Some predict just that

Jim Rogers, author of “Hot Commodities” and chairman of Beeland Interests Inc., says oil prices will reach $100 a barrel, possibly this year. Merrill Lynch & Co.’s Francisco Blanch says no way. “Unless somebody discovers something very quickly and very accessibly, we’re all going to be dumbfounded at how high the price of oil will […]

Tanzania: Petroleum Liberalisation Falters, Spiralling Fuel Prices

Tanzania appears set to roll back the liberalisation of its petroleum sector as the new government of President Jakaya Kikwete grapples with protracted rises in consumer oil prices. Pump prices, which have been increasing for months, have continued to behave unpredictably even after Finance Minister Zakia Meghji recently removed value added tax on petroleum products.All […]

Toy Hydrogen-Powered Car Offers Glimpse of Future

(AP) — It’s a dream that’s been pursued for years by governments, energy companies and automakers so far without success: Mass-producing affordable hydrogen-powered cars that spew just clean water from their tailpipes. So Shanghai’s Horizon Fuel Cell Technologies decided to start small. Really small. This month, it will begin sales of a tiny hydrogen fuel-cell […]

Bet on Gold, Not on Funny Money – Robert Kiyosaki

Yahoo! Finance – To compound the problem, we’re running out of easy-to-produce light, sweet crude. While there’s still a lot of oil to be extracted, it’ll be more expensive to produce, which makes $100-a-barrel oil very possible in the future. This, in turn, makes inflation more possible. Historically, one barrel of oil has been worth […]

Homestead Security Equals Free-Range Chickens, A Good Dog, And Jerusalem Articho

EnergyBulletin.net – We all take steps to protect ourselves-to mitigate the effects of catastrophe. The fear of catastrophe is sold to us, and sometimes, in the selling of protection, real threats are missed. This article is an attempt to sell you protection against food shortages. But unlike other sales pitches, the promoters of this idea […]

The Oil Drum: As Cantarell goes . . .

Mark Sawusch has just pointed out the story in the LA Times today, indicating that, based on performance figures through May, it appears that Cantarell has started to go. While not unexpected, since Khebab just wrote on this last week it is the confirmation of the bad news we have been anticipating. (See also Glenn […]

Space images show UK sweltering

Sensors in space have recorded the dramatic increases in land temperatures and air pollution as the UK sweltered in record-breaking July heat. The images showed major cities like London, Birmingham and Liverpool experienced the highest levels of the air pollutant, nitrogen dioxide (NO2). BBC

Somalia and Energy Politics

Overshadowed by the present crisis in the Middle East, tensions grow off the Horn of Africa as nations vie to secure the vital marine passageway of the Red Sea. Since the National Islamic Front seized power in Sudan, the United States has eyed the Horn of Africa with increasing concern. Intent on building a radical […]

Texas tops in wind energy production

Long known as a top oil- and natural gas-producing state, Texas has gained new energy acclaim by becoming the nation’s top producer of wind energy. Texas capacity stands at 2,370 megawatts, enough to power 600,000 average-sized homes a year, according to a midyear report released Tuesday by the American Wind Energy Association. That puts Texas […]

China Wind Power Boom May Bust Without Policy Change

China’s wind energy boom threatens to turn into a bust unless Beijing’s new energy policymakers change its controversial investment regime soon. Many industry officials have opposed Beijing’s system, which they say spurs utilities to rush into cut-price investment regardless of a project’s quality or viability, potentially leaving China with large wind farms that sit idle […]

‘Oil prices cause hike in chicken prices’

In Jamaica, local consumers will have to fork out more to pay for chicken meat. One of the island’s main producers of chicken has increased the price of the product by 3.5 per cent or six dollars per kilogram.Radio Jamaica

China mulls building palm oil-based biodiesel plant

China, which is Malaysia’s top palm oil buyer, is mulling building its first-ever palm oil-based biodiesel plant to reduce its dependency on expensive fossil fuel. The plant, which will have an annual capacity of 100,000 tonnes, could be located either in Malaysia or China. It costs an estimated RM40 million to build a 60,000-tonne biodiesel […]

South Korea latest investor in Alberta’s oil sands

South Korea is the world’s fourth-largest crude-oil importer and imports all its oil to feed the energy needs of its rapidly growing industrial economy. And it is the latest international entrant into the Alberta oil sands, where an estimated 174 billion barrels gives Canada the world’s second-largest energy reserves behind Saudi Arabia. In the last […]

Hydrogen farms promise limitless power

PLANS are under way to grow the fuel of the future in “hydrogen farms” in Wales. With the world starting to panic over rocketing temperatures and oil prices, hydrogen has a simple, seductive appeal. And Wales could be at the forefront of the hydrogen revolution, saving us from abandoning our cars or dimming the lights, […]

Growing Pains for Biodiesel

A few years ago, biodiesel and bioheat were poorly understood and often ridiculed by the average fuel marketer. However, with the increasing cost of petroleum and the demand for cleaner fuels on the rise, it’s no surprise that serious consideration is being paid to a fuel that is not only cleaner, but requires no equipment […]

From Ashland to Cashland

A company exits the gasoline-refining business while margins are the fattest in recent memory and hops off the road-paving gravy train just as a monster highway-spending program gets under way. What for? To focus on businesses vulnerable to higher energy costs. barrons

Shell, Exxon renew hunt for crude in Asia

Oil majors are stepping up exploration in ageing or neglected areas of Asia, potentially helping lift output a decade after shunning the region to hunt for giant oilfields in more prospective patches. Asia’s relative political and fiscal stability, untapped deep-water reserves and proximity to fast-growing markets has revived the appeal of wildcat drilling, seen in […]

France says world is “practically in energy war”

French Finance Minister Thierry Breton said on Tuesday the world was locked in a sort of energy war, with oil prices soaring over the past two years. “We are practically in an energy war. The price of a barrel of petrol has multiplied threefoold,” Breton told Europe 1 radio station. reuters

Pine Plantations May Be One Culprit In Increasing Carbon Dioxide Levels

The increasing number of pine plantations in the southern United States could contribute to a rise in carbon dioxide levels in the atmosphere, a new study reports. This is important because carbon dioxide is a key greenhouse gas, one that is linked to global warming. Landowners in the South are turning stands of hardwood and […]

Cooking Oil Cars Turns The Table On High Fuel Prices

A growing number of Americans are setting up mini-refineries in their homes to produce biodiesel, a fuel made from waste cooking oil which is cleaner and cheaper than the petrol sold in gas stations. The sky-high price of crude oil is scaring everyone. “It’s better for the engine, way better for the environment, it’s cheaper, […]

Fuel Prices Prompt Compacts

Gasoline prices are doing what Congress can’t — get people to buy smaller fuel-efficient cars, and auto makers are waking to the opportunity. Columnist Warren Brown of the Washington Post argues that legislating higher CAFE standards is a bad idea while raising gas taxes is political suicide for, so let the invisible hand do its […]

Researchers Design Lithium-Coated Buckyball with 13 wt.% Hydrogen Storage

Researchers at Virginia Commonwealth University have described a potential new hydrogen storage system for vehicular applications based on lithium-coated buckyballs. The new material promises a gravimetric storage density of 13 wt.%&mdash greencarcongress

China To Test Its ‘Artificial Sun’

(UPI) — The first plasma discharge from China’s experimental advanced superconducting research center — the so-called “artificial sun” — is set to occur next month. The discharge, expected about Aug. 15, will be conducted at Science Island in Hefei, in east China’s Anhui Province, the Peoples Daily reported Monday. Scientists told the newspaper a successful […]

On the outer – the fuel, rates sting

SMH (Australia) – SUBURBS on Sydney’s fringe with poor public transport are the hardest hit by the triple whammy of rising mortgage expenses, high petrol prices and inflation. A Griffith University study has found the most financially vulnerable suburbs of Sydney were Cranebrook, Emu Heights and Erskine Park in the west and Currans Hill in […]

DOE Announces Yucca Mountain License Application Schedule

WASHINGTON, DC DOE

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